Date: 15 Avril 2011 Mayoko - Republic of CongoM2C alluvial gold exploration teams have reported the discovery of new gold bearing flats with grade up to 5.6 gr/m3 of gold. The field work conducted under the supervision of Dr Noel Whata, the Zamarat Mining - M2C project manager, is actually ongoing south of Mont Lekoumou, in the Malembani research permit, where African Iron intends to mine iron in 2013. Zamarat Mining has focused the placer exploration work in this area in priority in order to start mining gold in the 4th quarter of 2011 on this placer. We are also ready to launch access track building for the future drilling campaign scheduled for the 3rd quarter of 2011 on the Lode gold target identified West of Mayoko.
Page 4 of 15
Zamarat Mining 122-126 TOOLEY STREET - LONDON - UNITED KINGDOM - SE1 2TU