MC - $26m
SP - 9c
Shares - 287m
Options - 22m
Cash - $9m

Resources (attributable) 760,000oz Au

• New gold zone - Chui Prospect
- Open at depth - extends over a length of 900m and located 1km along strike from the Dalafuma Prospect
• New gold zone - Dalafuma Prospect
- Extends over a 300 metres - open at depth
- Drilling confirms high-grade continuity
• The follow up drilling as soon as possible
Dalafuma Prospect
18m @ 18.3g/t Au from 45m down hole
12m @ 21.6g/t Au from 66m down hole
24m @ 10.6g/t Au from 21m down hole
Chui Prospect
11m @ 23.0g/t Au from 54m

To build a significant gold company with at least 2Moz of gold resource and scope for 200,000oz of production per annum

Stable and supportive to foreign investment
- Politically stable multi-party democracy since 1964
- World’s 5th fastest growing economy
- Endorsed by World Bank and IMF
- Globally competitive tax and regulatory framework for investors
- English and Swahili speaking - legal system based on English common law
The third largest gold producer in Africa (from zero output in 1998)
- Supportive government with “Australian style” Mining Act updated in 2010
- Mining service providers and contractors readily available
- Western companies operating since 1998 (Resolute, Barrick, AngloGold).
- High proportion of large deposits (> 4Moz)

- Rift Valley earning 75% from UK based African Eagle Resources (AFE)
- Approximately 30km from Resolute’s Nyakafuru deposit
- 520,000oz JORC Resource
- High priority drill targets defined

Main Zone
– 370,000koz Au @ 0 .5 g/t cut off
Results include:
– KTRC235 3m at 19.60g/t from 141m
– KTRC242 2m at 15.75g/t from 81m Primary Mining Licence
Kitongo Hill
Results include:
– KTRC180 12m at 12.95g/t from 74m
– KTRC175 10m at 2.14g/t from 48m
– KTRC213 4m at 2.97g/t from 15m

Northern Shear
- 800m long, most holes to 80m vertical, all holes mineralised with significant depth extension likely
- Mineralisation in KTRC140 ended in high grade (13m at 6.98g/t), is the best drill intersection but is outside the current resource
- Later drill info not used in the estimate will extend the resource which is open and untested to the north
South Limb
- Zone appears to continue strongly north-west outside the current resource.
- Numerous resource-grade intersections occur outside the resource boundary