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Objective Capital Conferences

Objective Capital's Global Resources Investment Forum 2012 Ironmongers' Hall, City of London 25 September 2012 Speaker: Andrew Cranswick, ACR

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GLOBAL RESOURCES INVESTMENT FORUM Andrew Cranswick – CEO, African Consolidated Resources IRONMONGERS’ HALL, CITY OF LONDON TUESDAY, 25 SEP 2012 www.ObjectiveCapitalConferences.com
AFRICAN CONSOLIDATED RESOURCES PLC - AIM: AFCR High grade, 4.3 million ounce, JORC–certified deposit 2.4m Inferred; 1.9m Measured & Indicated 1.6m troz Pit @ 2g/t Au > 50% Measured / Indicated 1.6m Underground @ 4+g/t Au > 50% Measured / Indicated BFS commencing - 2012 Q4
Pickstone Open Pit : BFS SIMPLIFIED OPTIMIZATION METHODOLOGY
PICKSTONE SECTION: GRADE DISTRIBUTION MODEL State-of-the-Art Technology Applied – BFS simplified
State-of-the-Art Technology Applied – BFS simplified Peerless ore shell with Pickstone to right
AFRICAN CONSOLIDATED RESOURCES PLC - AIM: AFCR High grade, 4.3 million ounce, JORC–certified deposit 2.4m Inferred; 1.9m Measured & Indicated 1.6m troz Pit @ 2g/t Au > 50% Measured / Indicated 1.6m Underground @ 4+g/t Au > 50% Measured / Indicated BFS commencing - 2012 Q4

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'In the elevator'

  • 1. GLOBAL RESOURCES INVESTMENT FORUM Andrew Cranswick – CEO, African Consolidated Resources IRONMONGERS’ HALL, CITY OF LONDON TUESDAY, 25 SEP 2012 www.ObjectiveCapitalConferences.com
  • 2. AFRICAN CONSOLIDATED RESOURCES PLC - AIM: AFCR High grade, 4.3 million ounce, JORC–certified deposit 2.4m Inferred; 1.9m Measured & Indicated 1.6m troz Pit @ 2g/t Au > 50% Measured / Indicated 1.6m Underground @ 4+g/t Au > 50% Measured / Indicated BFS commencing - 2012 Q4
  • 3. Pickstone Open Pit : BFS SIMPLIFIED OPTIMIZATION METHODOLOGY
  • 4. PICKSTONE SECTION: GRADE DISTRIBUTION MODEL State-of-the-Art Technology Applied – BFS simplified
  • 5. State-of-the-Art Technology Applied – BFS simplified Peerless ore shell with Pickstone to right
  • 6. AFRICAN CONSOLIDATED RESOURCES PLC - AIM: AFCR High grade, 4.3 million ounce, JORC–certified deposit 2.4m Inferred; 1.9m Measured & Indicated 1.6m troz Pit @ 2g/t Au > 50% Measured / Indicated 1.6m Underground @ 4+g/t Au > 50% Measured / Indicated BFS commencing - 2012 Q4