Ann: First Trench Results Confirm High-Grade Graphite at Morogoro, page-9

hello. To add, for those who do not understand the basics of graphite:

1. The quality of graphite is described in two ways, which are inverse to each other, namely, "mesh" & "microns".

2. "Microns" ("um") is simply the size of the graphite flakes. One micron is 1/1000th of a millimetre.

3. "Mesh" is old fashioned and refers to the size of a wire mesh that can be used to sift the graphite. Therefore the more or higher the mesh in a sifting screen, the lower the size of the microns.

4. In short, the lower the "mesh", the higher the "microns", is the best.

5. Below is the IVG mesh & microns per the prospectus.

6. The "+" means larger than. For example, "super jumbo" as any graphite flake 500 microns (35 mesh) or higher.