Botswana – Focus Resource Holdings

Foundation Project DRC

Latest Presentation

Botswana – Kimberlite Projects

“Botswana - Worlds top geological setting and jurisdiction for diamond exploration, development and mining”

Opportunities Identified in Botswana

Home to:
- Jwaneng (52ha) – worlds highest value kimberlite mine
  - Exceptional large Type-II diamond producer
- Orapa (118ha) largest kimberlite diamond mine
- Clusters of smaller kimberlite projects and mines located around Jwaneng and Orapa
- Including Damtshaa mine cluster near Orapa
  - Karowe/AK-6 – 6ha kimberlite – Lucara Diamonds
    - TSX listed
    - Regular exceptional Type II white DF-stones, e.g.:
      - 1 109c – Lesedi le Rona diamond
      - 813c white stone (sold for US$63 m)
      - 374c white stone

Kim 1 Project – Adjacent to Jwaneng Mine

Cluster of 5 pipes (~ 8kms from existing mine site)
Largest pipe – 9ha (others 3 – 5ha) (AK-6 is 6 ha)
Two largest pipes drilled, LDD sampled, 3-D models, initial resource data
Yielded good quality diamonds
Excellent infrastructure and resources
Concept study completed
Budgets and tendering for LDD bulk sampling underway

Next steps:

LDD bulk sampling programme
3 Phase programme to BFS
Develop to mine if first 2 phases are positive

Advantages of Diamondiferous Kimberlites:

Consistent/predictable grade
Smooth cash flow