BARYS RESOURCES LIMITED — Investor Presentation 2019

Jul 10, 2019

ASX RELEASE | 11 July 2019

NAMIBIA AND BOTSWANA EXPLORATION UPDATES

ABOUT KOPORE METALS

Kopore Metals Limited is a public company listed on the Australian Securities Exchange (ASX) and is actively exploring its copper-silver prospects on the emerging world class Kalahari Copper Belt, Republic of Botswana and Namibia.

DIRECTORS & MANAGEMENT

PETER MEAGHER Non-Executive Chairman

SIMON JACKSON Managing Director

GRANT FERGUSON Non-Executive Director SHANNON COATES Non-Executive Director

REGISTERED OFFICE Suite 5, 62 Ord Street West Perth WA 6005

HIGHLIGHTS

• Visible copper sulphide mineralisation comprising chalcopyrite, hosted in scattered thin quartz-carbonate veins ± galena and sphalerite mineralisation is intersected from 331.86 metres to 640m downhole within diamond drillhole ONGRCD_04 at the Ongava Domal Prospect, Namibia.

• Trace amounts of bornite are noted at a downhole depth of 620m

• A total of 396.66m of diamond drilling and 1,397m of RC drilling has been completed to date on the Ongava Domal Prospect.

• Ground magnetics survey at the Virgo prospect in Botswana has identified the Ngwako Pan geological contact, coincident to copper/silver soil anomalies.

• NSAMT survey results have confirmed dome geometry at the Qembo Dome and multiple domal structures at the Otjari Domal Prospect.

• Appointment of highly experienced Kalahari Copper Belt operator Mr Johannes Tsimako as Botswana Country Operations Manager.

• Approved three-year EMP renewal received from the Botswana Department of Environmental Affairs.

Kopore Metals Limited (ASX: KMT, “Kopore” or the “Company”) is pleased to provide an update on its exploration activities on its Namibian and Botswana projects.

Ongava Domal Prospect - Namibia

In June 2019, the Company commenced diamond drilling at the Ongava Domal Prospect. The fourth hole at Ongava was commenced using RC drilling and then completed with a Diamond tail.

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Qembo NSAMT
Survey Line
Otjari NSAMT
Survey Line
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Figure 1 - KMT Namibian Prospecting Licence Portfolio with Historical and Recent Exploration Activities

ONGRCD_04 was completed at 693.03 metres with the following geological observations:

• Intersection of lithological units interpreted as the lower D’Kar Formation, including black shale units, which have been identified as important geological markers for the targeting of mineralisation at MOD Resources Limited’s (ASX:MOD) T3 Project and at Cupric Canyon’s Zone 5 Deposit;

• Increased variability in facies changes down hole is suggestive of Lower D’Kar lithologies;

• Observed copper sulphides including chalcopyrite and bornite, may potentially be exhibiting the classic py-cpy-bo-cc copper mineral zonation typically observed within the Kalahari Copper Belt; and

• Identified additional pathfinder minerals including galena, sphalerite and pyrrhotite.

The Company is encouraged by the intersection of black shales and increasing presence of sulphide mineralogy, in addition to alteration identified as associated with mineralisation elsewhere on the Kalahari Copper Belt.

The drillhole was stopped at 693.03 metres, due to the intersection of a late stage fault and lithological change.

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Figure 2 - Ongava Domal Prospect Airborne Magnetics and Recent Drilling Program

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Plate 1 - ONGDD_004 Diamond Core at 574.5m with Chalcopyrite (Cu), Sphalerite (Zinc) and Pyrrhotite in Quartz Carbonate Veining

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Korong Domal Prospect - Botswana

The Korong Domal Prospect is approximately 84 km in strike length and over an area of 1,100 km². The Company has previously flown an extensive airborne electromagnetic (EM) survey over the dome and identified multiple targets. Recent activities include a reappraisal and reprocessing of the airborne EM survey, incorporating recent drilling information resulting in establishment of additional targets.

In June 2019, the Company decided to extend the Korong drillhole KDC-DD001 to 650 m depth and investigate the possible contact position and potential copper mineralisation. In keeping with prudent capital management, this drillhole was stopped at 650 m, with the contact position not yet being intersected. Increasing alteration and the presence of sulphide pathfinder minerals is positive and ground NSAMT survey work will now be undertaken at Korong. This NSAMT survey will provide the company with further architecture and depth across a selected portion of the Korong Dome and will assist in targeting for the next round of drilling.

Virgo Project – Botswana

The Virgo Project comprises two licences (PL135/2017 and PL162/2017) located approximately 23 and 33 km respectively from Cupric Canyon’s Zone 5 copper-silver sulphide mine which is currently under construction. A detailed ground magnetic survey was undertaken over the recently identified soil anomalies at Virgo[1] .

The ground magnetic survey was carried out to increase our understanding of the structural and lithological controls underlying the soil geochemical anomalies. The survey was carried out using GEM GSM-19W Overhauser walk magnetometers with on board GPS.

The area surveyed on PL 135/2017 consisted of 95.5 line kilometres surveyed along 4 groups of 3 lines with 2 tie lines covering an area of 36 km[2] . A second survey was conducted on PL 162/2017 also consisting of 4 groups of 3 lines covering 34.6 line kilometres over an area of 12 km[2] .

The ground magnetic survey has identified targeted lithological sequences, coincident to the recently identified soil anomalies. This activity is key to advancing the Company’s geological understanding of the area, prior to the commencement of planned drilling. Based upon the results of this survey, the Company has decided to initiate the environmental management plan (EMP) process, focusing upon the two targeted areas identified.

1 ASX Announcement 11/02/2019 – “NEW COPPER AND NICKEL ANOMALIES IDENTIFIED IN BOTSWANA” https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=KMT&timeframe=Y&year=2019

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Figure 3 - PL135/2017 Ground Magnetics Contour and Copper Soil Anomalies over Airborne Magnetic Survey

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Figure 4 - PL162/2017 Ground Magnetics Contour and Copper Soil Anomalies over Airborne Magnetic Survey

Natural Source Audio Magneto-Telluric Survey (NSAMT) - Qembo Dome and Otjari Domal Prospects - Namibia

Qembo Dome

The Qembo survey comprises an initial 8 line kilometres of 100 m spaced NSAMT data which was acquired by Namibian based Gregory Symons Geophysics (GSG), along a north-west south-east orientated survey line.

The Qembo Dome is a known domal structure with documented copper mineralisation located on the northern geological contact between the D’Kar/Ngwako Pan Formations. This NSAMT survey will provide the Company with a better understanding of the Ngwako Pan Formations geophysical signature and the Qembo Dome’s overall geometry and structure as well as assist the Company with better delineating the targeted geological contact across its other high priority targets. This information will be used to further refine the geological interpretation of the Ongava and Omenye Domal Prospects and assist with further

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drill planning. The D’Kar/Ngwako Pan Formation geological contact is known to host copper/silver mineralisation across the Kalahari Copper Belt.

The NSAMT method is a low-impact, non-invasive, electromagnetic, geophysical technique that measures naturally occurring electromagnetic fields that are induced by natural electromagnetic activity above the earth’s surface.

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Figure 5 - Qembo Dome NSAMT Survey Section

Otjari Domal Prospect

The Otjari survey covers an initial 8.3 line kilometres of 100 m spaced NSAMT data collected along a northwest south-east orientated survey line. The Otjari domal prospect has been interpreted as a shallow subsurface anticline, along strike of the Qembo Dome.

The results of the Otjari Domal Prospect NSAMT survey indicates the interpreted D’Kar/Ngwako Pan Formations geological contact may lie within 200 m of surface. The results of this Otjari NSAMT survey and the Qembo Dome NSAMT survey, together with further interpretation of the aeromagnetic data has provided the Company with confidence to extend the NSAMT survey to the south-west, aiming to cover the southern margin of an additional adjacent domal structure. In addition to this NSAMT extension survey, a ground magnetic survey over the existing NSAMT lines will be completed to help the Company develop drilling targets. The next round of drilling is being planned.

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Figure 6 - Otjari Domal Prospect NSAMT Survey Section

Appointment of Mr Johannes Tsimako as Botswana Country Manager

Kopore Metals has engaged Mr Johannes Tsimako as the Botswana Operations Country Manager. Mr Tsimako has over 25 years’ experience in the mineral industry in Botswana, played a lead role in the Cupric Canyon Zone 5 Copper Project as the Country Manager since initial discovery. Mr Tsimako holds a BSc Geology Degree from University of Botswana and an MSc in Mineral Exploration from ITC Delft, the Netherlands and is currently the Vice Chairman of the Botswana Chamber of Mines.

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Prior to his Zone 5 tenure, Mr Tsimako worked at the Botswanan Department of Geological Survey (DGS) for more than ten years as a Chief Geologist including a key role on the development and management of the National Integrated Geo-Information System (NIGIS). Other previous roles include senior positions with the Ministry of Minerals, Energy and Water Resources; including the Department of Energy, and Mineral Affairs on Mineral Promotion and Policy formulation.

Renewal of Botswana Environmental Management Plan (EMP)

On 3 July 2019, Kopore received an approved renewal of authorisation of its Botswana Environmental Management Plan (EMP) for a further 3 years. This will provide the Company with the continued flexibility to actively explore across its Botswana licences. The existing EMP excludes the Virgo licence group which were acquired subsequently. The Company has commenced the EMP process for Virgo.

Path Forward

Path Forward
Ongava Dome	All the geological information has been collected and new NSAMT results from the Qembo Dome and Otjari Domal Prospect are currently being incorporated into refining our geological model and enhancing our future drill targeting.
Virgo Project	Based upon the results of the recent ground magnetic survey, the Company has decided to initiate the environmental management plan (EMP) process, focusing upon the two targeted areas identified. Drill targets have been identified and will be explored, upon granting of the EMP.
NSAMT Qembo Dome	The Company is currently evaluating the data and is incorporating this information into the geological model and refining our understanding of the recent Otjari, Ongava and Omenye NSAMT survey.
NSAMT Otjari Dome	Based upon the results of Otjari NSAMT survey, the Company is planning to extend the NSAMT survey a further 5 km to the south-east and complete ground magnetics across existing lines to help refine the geological and structural model. Once drill targets have been refined, a drilling program will begin in Q3 2019

Table 1 - Ongava Domal Prospect & Korong Domal Prospect Drillhole Collar

Drill Hole No	UTM_E	UTM_N	RL (m)	EOH (m)	Azimuth	Dip	Status
CD4	476356	7596822	1252	693.03	172	-70	Completed
Korong Hole	493779	7543081	1160	349.75	0	-90	Completed

FOR FURTHER INFORMATION PLEASE CONTACT:

SIMON JACKSON Managing Director Kopore Metals Limited Tel. +61 8 9322 1587 info@koporemetals.com www.koporemetals.com

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COMPETENT PERSONS STATEMENT

The information in this announcement that relates to exploration results is based on information compiled by Mr David Catterall, a Competent Person and a member of a Recognised Professional Organisations (ROPO). David is engaged by Kopore as a consultant Exploration Manager. David Catterall has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC 2012). David Catterall is a member of the South African Council for Natural Scientific Professions, a recognised professional organisation.

David Catterall consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

ABOUT KOPORE

Kopore Metals Limited (ASX: KMT) is a public company listed on the Australian Securities Exchange (ASX) and is actively exploring its copper-silver prospects on the emerging world class Kalahari Copper Belt, located in the Republic of Botswana and Namibia.

Kopore continues to explore for stratabound copper-silver deposits across its sixteen 100% owned prospecting licenses in Botswana and nine 100% owned prospecting licences in Namibia, for a total of 15,136 square kilometres on the world class Kalahari Copper Belt. Kopore believes the Kalahari Copper Belt can provide the potential for large scale discovery, as demonstrated by neighbouring resource development companies.

The Directors and management of Kopore have strong complimentary experience with over 20 years’ Australian and International technical, legal and executive roles in exploration, resource development, mining, legal and resource fields.

Botswana and Namibia are stable, pro-mining jurisdictions, supportive of mineral exploration and development. According to the most recent Fraser Institute Annual Mining Survey, Botswana and Namibia are ranked #1st and #6th respectfully for “investment attractiveness” in Africa, in addition to their highly ranked global position.

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Appendix A – JORC Code 2012 Edition: Table 1 - Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections)

JORC Code, 2012 Edition – Table 1 report template Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)	JORC Code, 2012 Edition – Table 1 report template Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)
Criteria	JORC Code explanation Commentary
	• Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. •Vector NSAMT survey using 50m stations and 50m dipoles. The survey measures Ex and Hy (Tm component) and Ey and Hx (Te component). Frequencies 3 Hz to 10 KHz are stacked for 30 seconds. Frequencies 0.5Hz to 256HZ are stacked for 5 minutes. This measuring regime results in approximately 25-30 MB of time series data per station resulting in a depth of investigation of approximately 700-1,000m •A Zonge GDP 32 24bit receiver with Zonge ANT-6 high frequency coils are used to collect the data. A remote refence station is not used as the EM environment in Kalahari is extremely quiet and this is not necessary. •Ongava Drilling Program – No sampling for lab submission has occurred yet.
	• Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used •All RC samples were geologically logged by a suitably qualified geologist on site. •RC samples were collected at one metre intervals from the drill rig cyclone before splitting using a commercial riffle splitter using an 87.5/12.5 ratio split on a single pass. • Aspects of the determination of mineralisation that are Material to the Public Report.

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	• In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. •This is an update report and no samples have been submitted yet. •When samples are to be submitted, QAQC procedures being employed during drilling will include the addition of blanks, standards and field duplicates at a rate of 1 in every 20 samples
Drilling techniques	• Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). •Reverse circulation (RC) •Reverse circulation drilling was drilled at 5.5” size •Diamond drilling •Diamond drilling was drilled at NQ core size
Drill sample recovery	• Method of recording and assessing core and chip sample recoveries and results assessed. •Sample recovery was recorded for both diamond and reverse circulation drilling. Sample recovery was generally excellent.
	• Measures taken to maximise sample recovery and ensure representative nature of the samples. •RC recoveries were visually checked for recovery, moisture and contamination.
	• Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gainof fine/coarse material. •Sample recovery was generally very good and as such it is not expected that any such bias exists. Significant mineralisation is yet to be intersected
Logging	• Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. •RC chips and diamond drill cores were geologically logged by a qualified geologist using predefined lithological, mineralogical and physical characteristic (colour, weathering etc) logging codes. The geologist on site followed Kopore’s standard operating procedure for diamond and RC drilling processes. RC chip trays are collected for each of the intervals and stored at the field office. •Diamond drill core has been orientated to allow for detailed structural and geotechnical logging. •Data is recorded manually by hand on paper standard logging sheets (hard copy) and then data captured to Excel logging sheets.
	• Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. •Logging uses standard published logging charts for grain size, sorting to maintain a qualitative and semi-quantitative standard based on visual estimation

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	•All core and RC chips are photographed •Magnetic susceptibility readings were logged by lithology or taken every meter.
	• The total length and percentage of the relevant intersections logged. •100% of all recovered intervals were geologically logged
Sub-sampling techniques and sample preparation	• If core, whether cut or sawn and whether quarter, half or allcore taken. •No core sampling to date
	• If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry •Duplicate RC samples were collected from the full recovered one metre interval at the drill rig by cyclone and riffle splitter. •20% QA/QC blanks, standards and/or duplicates are inserted on site while sampling further standards are inserted by the laboratory.
	• For all sample types, the nature, quality and appropriateness of the sample preparation techniques •Field sample preparation is suitable for the material.
	• Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. •Kopore standard field QAQC procedures include the field insertion of blanks, standards and collection of field duplicates. These are being inserted at a rate of 5% for each to ensure an appropriate rate of QAQC.
	• Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. •Sampling is deemed appropriate for the type of survey and equipment used.
	• Whether sample sizes are appropriate to the grain size of the material being sampled. •The sample sizes collected are in line with standard practice
Quality of assay data and laboratory tests	• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. •No assays conducted to date
	• For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. •Vector NSAMT survey using 50m stations and 50m dipoles. The survey measures Ex and Hy (Tm component) and Ey and Hx (Te component). Frequencies 3 Hz to 10 KHz are stacked for 30 seconds. Frequencies 0.5Hz to 256HZ are stacked for 5 minutes. This measuring regime results in approximately 25-30 MB of time series data per station - resulting in a depth of investigation of approximately 700-1,000m •A Zonge GDP 24bit receiver with Zonge ANT-6 high frequency coils are used to collect the data. A remote refence station is not used as the EM environment in Kalahari is extremely quiet and this is not necessary.
	• Nature of quality control procedures adopted (e.g. •Allgeophysicalequipment used onthis projecthas beenserviced by Jordi

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	standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established. and Bennet in Johannesburg prior to the survey in December2018 and January 2019. A 24-bit receiver has been used to ensure that the full dynamic range of signal emanating from spherics is captured.
Verification of sampling and assaying	• The verification of significant intersections by either independent or alternative company personnel. •All data is electronically stored with peer review of data processing and modelling •Data entry procedures standardized in SOP, data checking and verification routine. •Data storage on partitioned drives and backed up •The current drilling program has yet to dispatch any samples. • The use of twinned holes. • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • _Discuss any adjustment to assay data. _
Location of data points	• Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. • A hand-held GPS is used for geophysical station locations with track logs and points plotted to check for consistency and accuracy during surveying. Drilling •Drill collar coordinates are captured by GPS and later by DGPS. •RAB/Percussion & RC holes are generally vertical, all Ongava Dome drillholes have been surveyed. •The grid system used is WGS84 Zone 34S. All reported coordinates are referenced to this grid. •Topographic control is based on satellite survey data collected at 10m intervals.Qualityis considered acceptable. • Specification of the grid system used. • Quality and adequacy of topographic control.
Data spacing and distribution	• Data spacing for reporting of Exploration Results. • Whether the data spacing, and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. • Whether sample compositing has been applied. •Data station spacing was based on geology and NSAMT method requirements •Sampling is deemed appropriate for the type of survey and equipment used.
Orientation of data in relation to geological structure	• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. •NSAMT Survey was completed on 2 x 6km long grid lines with spacing deemed optimal for level of exploration results reported •Data spacing is appropriate for the initial reconnaissance drilling program •All Ongava core has been orientated •No sampling of core conducted to date
Sample security	• The measures taken to ensure sample security. •All readings/geophysical measurements collected and stored on computer. Datawas transferred onUSBand sent by courier from

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					collection point to processing point. All readings/geophysical
					measurements collected and stored on computer with backup data
					transported by courier.
					•Initial drilling information is still currently being assessed.
					•Sample bags are logged, tagged, sealed and stored at the field office.
					•All sampling procedures are documented and according to industry
Audits	or	reviews	•	The results of any audits or reviews of sampling techniques and data.	standard practice. •Kopore’s drill hole sampling procedure is done according to industry best practice.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria	**JORC Code explanation **	Commentary
Mineral tenement and land tenure status	• Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	•The information in this release relates to the Namibian and Botwanan Project Portfolio’s, covered in Namibia by exclusive prospecting licences EPL7049, EPL7050, EPL7051, EPL7052, EPL7053, EPL7054, EPL7055 and EPL7056 and EPL7264 which was recently granted to Kopore Metals Limited 100% owned subsidiary Trans Kalahari Copper Namibia Pty Ltd. and PL’s 127/201, PL132/2017 & PL162/2017in Botswana •There are no existing impediments to EPL7053, EPL7054, EPL7055 and EPL7056 In Namibia or any of the Botswanan Licences •There is an application for review by Hebron Prospecting Pty Ltd and the Namibian Department of Mines that covers four of the Company’s prospecting licenses PL7049, PL7050, PL7051, PL7052.
Exploration done by other parties	• Acknowledgment and appraisal of exploration by other parties.	•Limited previous exploration on EPL7049, EPL7050, EPL7051, EPL7052, EPL7053, EPL7054, EPL7055 and EPL7056 was conducted by Eiseb Prospecting and Talismanis Prospecting Company Ltd (Eiseb Prospecting & Mining/Antofagasta <Minerals Joint Venture •No other historical information identified o Reverse Circulation(RC),Diamond (DD) andRotaryAir

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Criteria	**JORC Code explanation **	Commentary
		Blast/Percussion (RAB) drilling have been performed historically across EPL7049, EPL7050, EPL7051, EPL7052, EPL7053, EPL7054, EPL7055 and EPL7056 o A historical collar map covering these licences has an estimated 75 drillholes, with collar information for 59 drillholes to date. The initial 59 holes provided include 18 RAB, 25 RC and 16 DDH, with collar and survey information. o Size of diamond and RC drillholes are not documented o Documented sampling procedures for percussion drilling is as follows: o All samples are taken at 1m intervals. o Samples are riffled down to 25%>, with the 75%> fraction kept as reference. o The 25°/o fractions are composited in 5m intervals. o Samples are submitted for 21 element ICP analysis (Bureau Veritas Laboratories). o Once anomalous values are received, 1m intervals are re- submitted, for a full suite of analyses. o Waste is put back in the hole o Soil sampling historical information - sampling traverse positions were selected on the basis of airborne magnetic imagery and the co-ordinates for each sample point generated using ArcGIS 9.1 software. Field teams navigated to sample points by means of hand-held GPS. o Sampling depth has been decreased to 10cm based on research by Genalysis showing that anomalies may not be detected below 15cm depth under semi-arid conditions. Sample spacing remains 40m
Geology	• Deposit type, geological setting and style of mineralisation.	•The regional geological setting underlying all the Licences is interpreted as Neoproterozoic meta sediments, deformed during the Pan African Damaran Orogen into a series of NE trending structural domes cut by local structures. •The style of mineralisation expected comprises stratabound and structurally controlled disseminated and vein hosted Cu/Ag mineralisation

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Criteria	**JORC Code explanation **	Commentary
Drill hole Information	• A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length. • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly _explain why this is the case. _	•Information relating to the reverse circulation (RC) holes with diamond tails described in this announcement are listed in this JORC Table 1 and Table 1 Ongava Domal Prospect & Korong Domal Prospect Drillholes Collar Table, located within the text of this press release.
Data aggregation methods	• In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. • The assumptions used for any reporting of metal equivalent values _should be clearly stated. _	•Significant intersection results will be compiled and reported by Kopore when any samples are dispatched, and assay results received.
Relationship between mineralisation widths and intercept lengths	• These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true _width not known’). _	•Down hole widths are used throughout
Diagrams	• Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of _drill hole collar locations and appropriate sectional views. _	•Appropriate maps and images demonstrating the licence locations and regional setting together with the continental geo-tectonic setting.
Balanced reporting	• Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced avoiding misleading reporting of _Exploration Results. _	•The accompanying document is considered to be a balanced and representative report.

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Criteria	**JORC Code explanation **	Commentary
Other substantive exploration data	• Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	•Initial ground magnetics and electromagnetics (Max-Min) surveys were conducted over two grids by Wellfields consulting, over the GW1 and GW2 soil anomalies. The first was GW1 on licence PL205/2016 consisting of 9 lines of 800m totalling 7,200m was completed. GW2 on licence PL203/2016 comprised 9 lines of approximately 1,300m totalling 11,700m was completed. •New Resolution Geophysics (NRG) completed a magnetic and electromagnetic survey over 1,091.7 km2of the current 7,891km2 licence areas. The AEM survey covered portions of the following Licences, PL203/2016, PL204/2016, PL205/2016, PL127/2017 & PL129/2017. •Reprocessing of historic Botswana Geological Institute airborne geophysics was completed over portions of the Ghanzi-Chobe belt. •Aegis consulting completed ground EM surveys over KM1(PL205/2016), KM2 & KM3 (PL203/2016 & PL127/2017) •Historical exploration information has been previously reported in a targeted press release.
Further work	• The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling). • Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	•Any further work on the Licences will be dependent upon results from the initial orientation and reconnaissance soil sampling and ongoing geological re-interpretation together with the re-processed Government aeromagnetic

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