Investor Presentaiton
Acquisition - BK11 Kimberlite Diamond Mine, Botswana
ANGOLA
Rundu
Andara
Damaser
NAMBIA
Elseb
Mamuno
Окака
Cuando
Okavango
Delta
Katima Mulilo
ZAMBIA
Kasane Kazungula
Livingstone
Hwange
(Wankle)
BOTSWANA
Lake National capital.
Karb District capital.
City
International border
Road.
Intermittent lake
Salt pan
Swamp
1,000+ meters
500 1,000 meters
50
100 150 km
50
Plumtree
100 mil
Bulawayo
ZIMBABWE
Gwanda
Nokaneng
Nata
Maun
Tsau
Nata
Sehithwa
Lake Ngami
Rakops
Makgadikgadi
(salt pans)
Orapa
Lethakane
Francistown
Ghanzi
BK11
Serull,
Moelebi-Phikwe
Setophe
Serowe Palapye..
Lizzporo
Betbridge
Messina
Tshane
Kang
Okwa
Mahalapye
Acts an
Pietersburg
Potgietersrus
Khakhea
Werde
Molepole
Jwaneng
Kanye
Lobatse
Machudi
Nylstroom
GABORONE
Zeerust
Molopo
Rustenburg
Mafikeng
Tshabong
Bokspits glo
PRETORIA
Witbank
Johannesburg
Middelburg
SOUTH AFRICA
Klerksdorp Vaal
Vryburg
Bethal
Standerton
Production Facility (1,34 Mtpa)
TGV.TSXV
-
tangomining
BK11 acquisition will transform Tango
into a kimberlite diamond producer
Acquisition:
BK11 Kimberlite Diamond Mine
100% of production plant facility &
100% interest of the mining license (valid to 30 June 2022)
Acquisition Price:
Firestone Diamonds PLC for US$8.0m &
Minority partner 10% interest US$0.8m for total of US$8.8m
Historic Capitalized Development Costs to Date:
(2012 - US$45m)
Pit development US$24m & plant establishment US$21m
Tango has:
proven technical capability and established operational presence
access to sound mining technology to increase performance
detailed knowledge of the project and regional operating culture
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