Lesego Platinum Project

The Lesego project is located approximately 300 km northeast of Johannesburg in the Limpopo province of South Africa. Access to the project site is via existing highways and mostly tarred roads. Electricity and water for the development and operation is readily accessible.

The Lesego deposit is a shallow, high grade resource of some 39 Million ounces at an average grade of 5,95 g/t. The orebody and details of the resources are indicated below.

3d ore body geometry
Lesego Platinum Project Resource Statement
Resource
Classification
WIDTH
(m)
GRADE (g/t)
3PGE+Au
TONNAGE
(Mt)
Moz
3PGE+Au
Cu
tons
Ni
tons
Measured 1.23 5.61 43.97 7.94 38 235 91 838
Indicated 1.23 6.05 83.65 16.26 71 659 168 353
Inferred 1.22 6.03 76.56 14.83 69 434 160 733
Total Project Mineral Resources 5.95 204.18 39.03 179 328 420 925
Merensky Mineral Resources 1.15 5.66 80.47 14.65 101 277 204 878
UG2 Mineral Resources 1.27 6.13 123.71 24.38 78 050 216 046
Total Project Mineral Resources 5.95 204.18 39.03 179 328 420 925

The development of this world class asset is currently being investigated in detail, with two options available as depicted below.

large mine option upper mine option

The development strategy for Lesego entails the creation of a vertically integrated platinum company; including state-of-the-art sustainable mining and processing together with downstream manufacture of fuel cells, jewelry and investment pieces.

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