Heritage Cases

Dear Sir/ Madam Ulibo Resources (Pty) Ltd lodged a prospecting right application with the Department of Mineral Resources and Energy (DMRE) in terms of section 16 of the Mineral and Petroleum Resources Development Act 2002(Act 28 0f 2002), Ref No: NC30/5/1/1/2/13381PR in respect farm Derby No. 195, situated in the administrative district of Hay (Kgatelopele and Z F Mgcawu Municipality)–Northern Cape Province. The proposed area is situated approximately 40 kilometers north of Danielskuil when travelling on R31 The proposed prospecting will constitutes the desktop study, surveying, core drilling and rehabilitation over the above mentioned properties. This will be done over the period of three to five years. Ndlelehle Mining and Consulting CC was appointed by Ulibo Resources Pty Ltd to conduct public participation, Basic Assessment Report & Environmental Management Plan and follow up with the Department including addressing and responding to any directive from Department This applications was accepted by the Department of Mineral Resources and Energy and requested Ulibo Resources Pty Ltd to conduct consultation with landowner, lawful occupier and interested and affected parties and all relevant stakeholders including Department of Agriculture, Rural development and Land Reform and Water and Sanitation. The prospecting right application involves mainly drilling of boreholes for period of 5 years to check the quality, quantity and depth of the mineral which will assists in classification of reserve and establish the exact location of the future mining activities Please note that NO prospecting or drilling activities will be conducted 100 meter from any sensitive area such as wetland and rivers this include houses or residential area, power lines, Game Reserves and regional and national roads Prospecting activities is a small scale and impacts will be localized within prospecting projects footprint Upon completion of the drilling process, the drill rig and drums are removed from site The borehole will be capped and part of rehabilitation process It is envisaged that the exploration/prospecting programme will include desktop Studies, literature surveys, geophysical or geotechnical work and research and target identification (non-invasive), Drilling, Logging, Sampling, Analyses (invasive) over a phased, 5 year period. Phase 1 (Month 0 to 12) A desk study which involves the collection of existing data or information interpretation and a report will be done. The mining activities on nearby and adjacent properties will also be researched. • Geophysical and geological survey • Planning of logistics of the physical drilling program Phase 2 (Month 13 to 24) • The 10 boreholes planned for this phase will amount to 100-200 meters of core drilling. The drilling time is estimated at one month with one drill rig. • Establishment of data base, recording of borehole logs, evaluation and geological modelling will be carried out after all the results have been recorded. • Pre-feasibility study and planning of phases for exploration drilling will finalise this phase. Phase 3 (Month 25 to 48) • This phase will be based on the results of the wide grid drilling and will be concentrated in areas where ore minerals development is indicated. An additional 5 boreholes will be drilled in a 2 month period. One drill rig will be employed for this phase. A minimum of 1 sample per seam intersection will be taken. More samples will be required when large variations in ore quality occur. Therefore an estimated one samples per borehole is budgeted for. • On receipt of the analytical results, the following will be finalized: o Updating of database, recording of borehole logs, evaluation and geological model; o Conceptual mine planning o Marketing study o Costing o Feasibility Study Report