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Junior Diamond Explorer Operating in Lesotho, South Africa and - PowerPoint PPT Presentation

Junior Diamond Explorer Operating in Lesotho, South Africa and Namibia Major Projects Thabex Ltd Angel Diamonds Monastery Mine Minnex (Pty) Ltd (Pty) Ltd Exploration (70%) (94%) Namibia JV (36%) Salt River Resources Ltd (100%) Thabex


  1. Junior Diamond Explorer Operating in Lesotho, South Africa and Namibia

  2. Major Projects Thabex Ltd Angel Diamonds Monastery Mine Minnex (Pty) Ltd (Pty) Ltd Exploration (70%) (94%) Namibia JV (36%) Salt River Resources Ltd (100%)

  3. Thabex – JSE Code: TBX • Authorised share capital – 100 000 000 ordinary shares at 10 cents each • Issued share capital – 21 006 887 ordinary shares at 10 cents each • Liquidity - 15,7% past twelve months • Major shareholders – Ahmed Family (20.98%) – Saminco Ltd (10.42%) – Alizarin Investments Ltd (7.84%) – Dr JA Cruise (5.77%) • Free float – 62.83% • Thabex is 21% BEE held

  4. Major Projects Thabex Ltd Angel Diamonds Monastery Mine Minnex (Pty) Ltd (Pty) Ltd Exploration Lesotho South Africa Namibia JV Salt River Resources Ltd (100%)

  5. Major Projects Thabex Ltd Angel Diamonds (Pty) Ltd 14.5cpht Bulk sampling

  6. Location of kimberlite pipes

  7. Angel Diamonds: Lease

  8. Kolo Kimberlite – 1.2 ha

  9. Blasted Kimberlite

  10. Angel Diamonds: 20tph DMS

  11. Angel Diamonds:20tph DMS

  12. Majar Projects Thabex Ltd Angel Diamonds Monastery Mine (Pty) Ltd (Pty) Ltd 14.5cpht 65cpht Bulk sampling Bulk sampling

  13. Monastery Mine

  14. Monastery old 100tph DMS

  15. Monastery Kimberlite

  16. Monastery Kimberlite

  17. Major Projects Thabex Ltd Angel Diamonds Monastery Mine Minnex (Pty) Ltd (Pty) Ltd Exploration 14.5cpht 65cpht Namibia JV Bulk sampling Bulk sampling Target Drilling

  18. Minnex/Namdeb JV

  19. Ndiyona Kimberlite EPL’s

  20. Diamond drilling

  21. Major Projects Thabex Ltd Angel Diamonds Monastery Mine Minnex (Pty) Ltd (Pty) Ltd Exploration 14.5cpht 65cpht Namibia JV Bulk sampling Bulk sampling Target Drilling Salt River Resources Ltd (100%) Salt River Resources Ltd – Pre-IPO

  22. Base Mineral Project

  23. Base Metal Resources

  24. Base Metal Resources

  25. Total Mineral Resource � Salt River West Total Mineral Resource at Salt River: 56.1Mt at � Measured Resource � Indicated Resource � Inferred Resources 0% Zn cut-off - 14.6.1Mt - 41.7Mt Salt River Central estimated by CSA Group in CPR dated 23 August 2007 � Salt River Extensions

  26. Management team of SRR Dave Cowie Dr Craig McClung Marius Welthagen Dr John Cruise

  27. Salt River Resources: a “Mineral Oasis”

  28. Salt River Resources: a “Mineral Oasis”

  29. The Future Thabex to remains focused on its diamond projects for short term cash flow Angel Diamonds Monastery Mine Minnex (Pty) Ltd (Pty) Ltd Exploration 14.5cpht 65cpht Namibia JV Bulk sampling Bulk sampling Target Drilling

  30. The Future Thabex to remains focused on its diamond projects for short term cash flow Angel Diamonds Monastery Mine Minnex (Pty) Ltd (Pty) Ltd Exploration 14.5cpht 65cpht Namibia JV Bulk sampling Bulk sampling Target Drilling Salt River Resources Ltd – Large Base Metal deposit planned to be listed separately on JSE and AIM after completion of Bankable Feasibility

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