Investor Presentaiton

Metallurgical Process Layout OSINO RESOURCES Optimal circuit layout is 3-stage crushing followed by ball-milling, pre-oxidation and CIL with electrowinning & smelting. Dry stack tailings deposition (likely co-disposal with waste rock) after detox, thickening & filtration. RUN-OF-MINE MATERIAL PRIMARY CRUSHING GOLD BULLION SECONDARY CRUSHING SCREENING ELECTRO- SMELTING WINNING ELUATE ELUTED CARBON CARBON TERTIARY CRUSHING STOCKPILE REGENERATED REGENERATION CARBON ELUTION ACID WASHING LOADED CARBON CARBON SIZING SCREEN LOADED CARBON RECOVERY SCREEN CIL TAILS ACID ELUANT STORAGE STRIP SOLUTION TANK FINE CARBON COLLECTION BIN CLASSIFICATION MILLING GRAVITY CONCENTRATOR TAILINGS GRAVITY CONCENTRATOR CONCENTRATE PRE-LEACH THICKENING GRAVITY CONCEN- TRATOR INTENSIVE LEACH REACTOR CARBON IN LEACH PRE-OXIDATION TO SMELTING- TILR ELECTRO WINNING CARBON SAFETY SCREEN TAILINGS DETOXIFICATION TAILINGS THICKENING TAILINGS FILTRATION FILTER CAKE TAILS TAILINGS STORAGE FACILITY Source: Osino Resources & Lycopodium Minerals Africa (Pty) Ltd 13

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