ZIRCO HEAVY MINERALS MINE, GARIES, NORTHERN CAPE

Zirco Roode Heuwel (Pty) Ltd (hereafter referred to as Zirco) currently holds the prospecting right to the Roode Heuvel (6134 ha) and Leeuvlei (5986 ha) deposits, located approximately 500 km north of Cape Town and approximately 35 km to the southwest of the town of Garies in Northern Cape Province of South Africa. They are also in the process of acquiring prospecting rights for a further deposit immediately east and adjacent to Roode Heuvel, referred to as “Sabies” (8674 ha). Zirco proposes to start dry mining this area for Heavy Minerals. NORTHERN CAPE PROVINCE