fair value now a real chance, page-8

In my research I tried to understand the significance of what Ntiola, and now possibly Viper and Kona nord. had to offer. Simply by using another's coy JORC resource and identifying that there grades being of inferior standards its not rocket science to understand the significance to what we have at Ntiola and beyond.

By using for an example (Castle Minerals) I was able to understand our deposits and to give you an example Castle Minerals has a Jorc Resource of 107,500oz @ 1,973,000 tonnes @ 1g/t.

Ntiola results Preliminary first Recon. Six holes drilled previously to test bedrock at the Ntiola Prospect. Encouraging results include:

6m @ 2.97g/t gold, within a broader zone of:
36m @ 1.41g/t gold

Field preparations for maiden drilling campaign at Ntiola were well advanced February 2013

A coherent 4 kilometre long gold in soil anomaly was delineated at the Ntiola Prospect zone up to 40 metres wide and over 700 metres long.

Trench results included
24m @ 2.29g/t gold
15m @ 2.05g/t gold.

Previous owners drilled six (6) holes on broad 200m spaced sections to investigate the trench results. drill intersections included.

6m at 2.97g/t gold within a broader 36m intersection grading 1.41g/t gold.

Ann released 20th March 2013 days 35

A total of twenty two (22)shallow RC drill holes were completed for 2,270m

High-grade gold intersections in shallow drilling at the Ntiola Prospect

11m @ 4.21 g/t Au from 33m
22m @ 3.46 g/t Au from 78m
18m @ 2.85 g/t Au from 3m
4m @ 7.68 g/t Au from 45m, and
20m @ 2.13 g/t Au from 85m
9m @ 3.85 g/t Au from 71m

Gold mineralisation intersected in drilling extends over 500m along strike
with a down hole thickness of up to 50m.

Second Phase RC and diamond drilling commenced 16 April days 26 after analysis

Auger drilling commenced 24 April 2013

Preliminary Auger @ Viper extends over 2000mtrs

8m @ 2.75 g/t Au from 40m
12m @ 2.53 g/t Au from 30m
32m @ 1.94 g/t Au from 4m

Total defined strike length of the gold anomaly at the Viper Prospect now exceeds 2,000m, and remains open along strike to the south.

Here I have tried to define similar deposits within Birimian Greenstone that are at a much more advanced stage of their Mineral Resource

In 2010 the Kandia gold deposit was discovered and an initial resource of 107,500 ounces defined.

http://www.castleminerals.com/downloads/announcements/cdt_20100603.pdf

“The Kandia prospect was discovered in April 2010 during a program of reconnaissance field mapping. During this program a large area of previously unknown artisanal gold workings was discovered that comprise three main groups developed over approximately 600m of strike.The largest single group of workings is developed over a 400m strike length with mineralisation exposed in workings over 40m width.
Extensive soil sampling, airborne geophysical surveys were completed in 2010 and 264 RC drill holes drilled in 2011 for 19,541m.

This led to a Maiden Mineral Resource of 3.3mt @ 1.0g/t gold for 107,500 Ozs being announced December 2011.”

http://www.castleminerals.com/wa.php

http://www.castleminerals.com/downloads/announcements/cdt_20110309a.pdf

15m @ 0.70 g/t gold from 25m
5m @ 0.39 g/t gold from 0m
and 10m @ 0.33 g/t gold from 60m (end of hole)
40m @ 1.17 g/t gold from 20m
inc. 25m @ 1.52 g/t gold from 30m
25m @ 0.70 g/t gold from 0m
inc. 10m @ 1.25 g/t gold from 5m
15m @ 0.44 g/t gold from 30m
5m @ 0.44 g/t gold from 60m
5m @ 0.45 g/t gold from 35m
16m @ 0.51 g/t gold from 50m (end of hole)
20m @ 0.53 g/t gold from 15m
inc. 5m @ 1.11 g/t gold from 25m
6m @ 0.39 g/t gold from 60m (end of hole)
5m @ 1.89 g/t gold from 25m
5m @ 0.94 g/t gold from 60m
5m @ 0.45 g/t gold from 45m
5m @ 0.30 g/t gold from 10m
10m @ 0.27 g/t gold from 20m
6m @ 0.11 g/t gold from 60m (end of hole)
10m @ 0.84 g/t gold from 60m (end of hole)