Page 40 - Leshobo Technical Report_October2016

8. PROJECT IMPLEMENTATION PLAN

The fundamental prospects such as quality of the limestone and the estimated resource
are by implication justify for Topbram Initiatives to develop and implement a mining
plan commensurate to this type of product without delay.

8.1. Purpose of the implementation plan

The purpose of this Implementation Plan is to develop a system by which the lime stone
in Taung could be quaried, crushed, screened and hauled to the market, Inclusive to
the system will be the following critical aspects:

• Mine Optimization Plans
• Mine Construction and Actual Mining Process
• Budgets and Schedules
• Human Resources Availabilty and Skills
• Description of Implementations
• Constraints behind the Project
• Risk Mitigation Factors and Support of the Project by Management.

8.2. Assumptions for implementation

8.2.1. Assumptions on Quality and Reserves

The quality of the limestone is such that it could support refractory functions and
cement manufacturing without a doubt. Samples from the area earmarked for mining
were submitted to Intertek Laboratory in Australia and the results thereof confirmed the
viability of this limestone in cement making and as reagent that controls air pollution
from smelters and similar design technology.

Detailed surveys were conducted with a view to get an indication of an in situ resource.
Although the surveys alone could not be sufficient to infer an overall reserves of the
Leshobo project the outcome thereof confirmed an in situ resource of over 2 500 000
tonnes of medium purity limestone. Whilst a detailed study to estimate the resource is
being undertaken, the current resource is sufficient to warrant medium scale exploitation.

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