Pan African Resources – Barberton Gold, South Africa

• Pan African Resources – Barberton Gold, South Africa

• Major holding of ‘Greenstone’ belt : Barberton Mountain Lands (40 000 ha)

• Mineral Reserves : 1.6 million tons @ 8.15 g/t.

• Mineral Resources : 7.8 million tons @7.09 g/t.

• Gold production : 95-100 000 oz (3 000 kg) pa.

• Life of mine : Approximately 10 years.

• Total cash cost : $ 514/oz