SRK’s Involvement in the DRC

SRK is at work on one of the richest copper and cobalt producing areas in the world, the province of Katanga in the southeastern Democratic Republic of Congo (DRC). A significant share of the copper and cobalt is mined informally and exported illicitly from the African nation.

SRK has been extensively involved in the task of delineating and evaluating the drilling of numerous copper and copper-cobalt deposits in the Katanga province. Full project management, including geological, mining, infrastructure, maintenance and logistics control, should be ongoing for at least another 18 months.

World production of copper is expected to increase in 2007/8, with areas on the border between the DRC and Zambia playing a major role. SRK plans to be on the forefront of developments.

With the DRC’s new mining code in effect in early 2004, the rush was on by majors and juniors alike to secure tenements for diamond prospecting and mining on the rich Congolese portion of the Kasai Craton. Once again SRK conducted audits and advised on exploration and evaluation of both primary diamond and placer deposits. In conjunction with clients, SRK has been studying in varying degrees the prospectivity of the different regions, reviewing historical results, developing geological models, analysing mining methods and deriving resource classifications.

Andre Vorster: avorster@srk.co.za

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