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MINERAL RESOURCE ESTIMATE FOR THE XAUDUM IRON PROJECT (BLOCK 1), REPUBLIC OF BOTSWANA REPORT PREPARED UNDER THE GUIDELINES OF NATIONAL INSTRUMENT 43101 AND ACCOMPANYING DOCUMENTS 43101.F1 AND 43101.CP.Prepared

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How to fill out mt initial resource estimate

01

Define the area of interest where the resource estimate will be conducted

02

Gather all relevant data including geological information, drilling results, and geophysical data

03

Calculate the volume of rock and mineralization present in the area

04

Use statistical methods to estimate the grade and tonnage of the resource

05

Verify the estimate through additional drilling and sampling if necessary

06

Prepare a report detailing the methodology and results of the resource estimate

Who needs mt initial resource estimate?

01

Mining companies looking to assess the value of a potential mining project

02

Investors interested in the financial viability of a mining operation

03

Regulatory bodies requiring resource estimates for permitting purposes

04

Consulting firms providing services to the mining industry

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What is my initial resource estimate?

The initial resource estimate is an assessment of the quantity and quality of resources in a mining project, typically determined through geological surveys and analysis.

Who is required to file my initial resource estimate?

Mining companies and operators are required to file the initial resource estimate with the relevant regulatory authority.

How to fill out my initial resource estimate?

To fill out the initial resource estimate, complete the designated forms provided by the regulatory authority, ensure accurate data entry, and submit alongside necessary supporting documents.

What is the purpose of my initial resource estimate?

The purpose of the initial resource estimate is to provide a preliminary assessment of the resources available within a project, which is essential for planning and investment decision-making.

What information must be reported on my initial resource estimate?

The initial resource estimate must report information such as the estimated quantity of resources, resource classification, geological data, and assumptions used in the calculation.

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