Acquisition of Khoemacau

• Fully permitted with required licences in place Overview of licenses • 10 prospecting licenses covering 4,040km² of the Kalahari Copper Belt • All licenses were renewed through the end of 2022 and are in good standing Mining licenses cover all existing operations (Zone 5 and Boseto) Environmental permits that underpin the mining licenses • Water Rights for all active bore holes at Boseto, Haka and Toteng wellfields Secured permits include Explosives Storage Management and Power Generation • Most of the existing licenses are expected to cover the expansion Local community positioning Makkhalo 33km Makakung 73km Toteng 22km Sehithwa 28km Boseto Somelo 25km Bothatogo 22km Bodibeng 37km Haul Road TSF Zone 5 New TSF Prospecting license locations Molatswane Kareng Kuke Toteng Mokga Haka Kemana Tikaseoulo Semboyo Makakung ML2010/99L PL098/2005 Mogapelwa Somelo Zeta NE Zone 5N Sethithwa Bothatogo Plutus Bodibeng Zeta NEPL099/2005 Mango Semolo PL101/2005 PL100/2005 PL095/2019 PL004/2006 PL001/2005 PL003/2006 PLO03/2006 PL002/2006 PL002/2006 PLO05/2006 ML2015/5L Kuke 80km Extract: Community locations - Proximity to Zone 5 and Boseto 27 Tatamoge Xheradomo Xure Makalsmabedi 0 KM 50 Prospecting Licence Boundaries Discovery Copper Botswana (Pty) Ltd Khoemacau Copper Mining (Pty) Ltd Overview of location • Surface and property rights secured to all land used in current operations • No nearby villages or communities (closest villages is 28km away) • No communities located near the Boseto TSF or the proposed Zone 5 TSF • Mine site surrounded by farms which are designated as "tribal grazing" M MMG

View entire presentation