Leboam Information

Leboam Holdings Leboam Holdings is a Botswanan copper development and exploration company. Leboam holds options to the rights of the Mowana and Thakadu mines, situated in the northwestern part of Botswana previously owned by African Copper (Pty) Ltd. Leboam is currently in the process of upgrading the existing plant and infrastructure, and plans to increase it's reserves through exploration development jointly with owners of neighboring assets to deliver rapid production whilst benefiting from cost efficiencies. Mowana Open Pit Total measured and indicated reserves for the Mowana mine are 87.67 million tonnes of copper grading at 0.71%, including total proven and probable reserves for the open-pit standing at 14.8Mt at 1.11%. In addition, inferred mineral resources total 46.27 million tonnes of 0.63% copper. Mixed oxide-supergene and supergene ores comprise 35% and 45% respectively of the open-pit reserves, with the sulphide ore contributing the remaining 20%. Thakadu Open Pit Total indicated mineral resource of 4.715 million tonnes grading 1.72% copper and an estimated inferred mineral resource of 0.961 million tonnes at 1.29% copper. In each case, estimated mineral resources represent a mineralized envelope based on a 0.25% copper cut-off utilizing ordinary kriging. Contained within this estimate, is an indicated silver resource of 3.558 million tonnes grading 16 g/t silver. www.leboam.com