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Iron Ore fines mineral Stockpile of 54,000 MT 63.2% Fe bulk ready for export through Saldanha Bay
INSPECTION REPORT
Acting in accordance with instructions received from , on the 26th of March 2013, we,
NESOSYS INTERNATIONAL PTY LTD performed the following;
Identification of a stockpiles
Sampling of a stockpile
Photographic evidence
Sample Preparation and Analysis
Results
On a stockpile said to be Iron Ore.
On a site of Potsmansburg, Northern Cape, South Africa
On which we report as follows
Identification of the Stockpile
On instructions received from our principal to sample a stockpile. Upon reaching the site a compact
stockpile situated on surface was identified, the quantities available of the current stockpile are
estimated to be approximately 52,000 metric tons.
Sampling of the Stockpile
Samples were drawn in compliance to ISO 3082: 2009/ SANS 3082:2011 for Iron Ore.
Sample Preparation and Analysis
The samples drawn, riffled, split and divided into a representative portions, one for analysis and the one
retained, reserve for testing physical properties if required.
The sample was submitted to an ISO 17025 accredited laboratory for chemical analysis.
RESULTS ON XRF
Element %
Fe 63.2
Mn 0.07
Ca 1.135
Cl 0.012
P 0.169