Ann: Updated Investor Presentation, page-2

SULPHIDES INTERSECTED IN TWO OUT OF THE THREE HOLES DRILLED AT BML’S 100% OWNED PL 59/2008 IN BOTSWANA PL 59/2008 (PL 59) MAIBELE NORTH EXTENSION:  THE THREE HOLE DRILL PROGRAM HAS NOW BEEN COMPLETED AND TESTED 3 OF MANY VTEM AND SQUID ANOMALIES OVER A DISTANCE OF 3 KM.  ONE DRILL HOLE WAS DRILLED IN EACH OF THE THREE SQUID ANOMALIES.  TWO OF THE THREE DRILL HOLES INTERSECTED SIGNIFICANT PYRRHOTITE: o AN 18M THICK ZONE OF DISSEMINATED SULPIDES (PYRRHOTITE) AT A DOWNHOLE DEPTH OF ~210M IN HOLE 1. o A 6M THICK ZONE OF DISSEMINATED AND MINOR SEMI-MASSIVE SULPHIDES FROM 250M IN HOLE 3.  THE INTERSECTIONS PROVIDE PROOF OF THE GEOLOGICAL MODEL AND TARGETING STRATEGY EMPLOYED BY BML AND PROVIDES GREAT ENCOURAGEMENT FOR THE FUTURE DISCOVERY OF POTENTIAL NI-SULPHIDE ACCUMULATIONS IN THE REGION. THE MAIBELE NORTH EXTENSION PROSPECT IS ONLY 4KM TO THE EAST OF THE MAIBELE NORTH JORC RESOURCE HELD BY BML AND JV PARTNER BCL LIMITED.