Investor Presentaiton

Exploration and Development Strategy 2019 Drilling to double resource to +/-12 Mt SkyTEM survey Ni-Cu V-Zn-Pb HREE (Dy-Tb) Lofdal Project management and new project generation Au Grootfontein Zn-Pb-V, Co-Cu, LREE New EPLs In-country management Optimize processing Drilling of targets Drilling of remaining HREE (Dy-Tb) Lofdal Development of processing flow sheet (PFS level) Ta-Nb U Phosphate Epembe Systematic soil sampling Ni-Cu V-Zn-Pb Au Au, REE Grootfontein Otjiwarongo Project Management (10%) Systematic soil sampling Au Erongo Reconnaissance (10%) targets Co-Cu Pb-Zn V Kunene Exploration and Drilling Metallurgy (40%) NAMIBIA CRITICAL METALS (40%) Preliminary budget allocation 18

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