Avontuur Manganese Project Tables

JORC Mineral Resource as of August 2013

  Mt Mn%
Measured1 63.9 39.16
Indicated1 28.4 38.23
Inferred2 49.4 37.38
Total Resource 141.7 38.35
 

JORC Mineral Reserve as of November 2011

  Mt Mn%
Proved 8.6 40.30
Probable 11.6 39.99
Total Reserve 20.2 40.12
  1. Gravenhage Manganese Deposit
  2. 19.4Mt @ 36.46% Mn Gravenhage, 19.8Mt @ 36.10% Mn Gravenhage South, 8.4Mt @ 40.77% Mn Haakdorn, 1.8Mt @ 45.5% Mn Eersbegint
  3. Weighted Average

The information in this report that relates to the Gravenhage, Gravenhage South, Haakdoorn and Eersbegint Manganese Resources (Avontuur Manganese Project) was prepared under the supervision of Mr Brent E Green who is a member of the Australian Institute of Geoscientists. Mr Green is a full-time employee of Aquila Resources Limited. Mr Green has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Persons as defined in the JORC 2004 Code and the  Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 Edition (“2012 JORC Code”). Mr Green consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. Resources for the Gravenhage Manganese Deposit are quoted in compliance with the 2012 JORC Code and Resources for Gravenhage South, Haakdorn and Eersbegint are quoted in compliance with the 2004 JORC Code.

The information above that relates to the Gravenhage Manganese Mineral Reserve Estimate (Avontuur Manganese Project) was prepared under the supervision of Mr Manie Kriel who is a Fellow of the South African Institute of Mining and Metallurgy. Mr Kriel has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the Australasian Code for  reporting of Exploration Results, Mineral Resources and Ore Reserves 2004 Edition ('2004 JORC Code'). Mr Kriel consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Reserves are quoted in compliance with the 2004 JORC Code.