Investor Presentaiton

Multi-Million Ounce Resource Plan Mineral Resource Requirements for Chifunde Project Type of Resource Estimate Exploration Target Inferred Resource Drill Spacing (meters) (1) 180 100 50 Industry Valuation (USD per Oz) $ 15 $ 20 (2) $ 30 (2) Indicated Resource Increase in valuation through resource category upgrade Indicated Resource Reference: 1. VBKOM Resource Geologist report 2. http//munknee.com/how-to-value-a-junior- miners-gold-in-the-ground Inferred Resource Exploration Target $0 50 $20 $40 Millions $60 $80 AFRICAN LIONS GOLD plc 13

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