Brendan Moseley, General Manager, Société d Exploitation de Kipoi, Haut Katanga. Heap Leach A viable/successful investment in the Province

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1 Brendan Moseley, General Manager, Société d Exploitation de Kipoi, Haut Katanga Heap Leach A viable/successful investment in the Province

2 Disclaimer Caution Regarding Forward Looking Statements and Forward Looking Information: This announcement contains forward looking statements and forward looking information, which are based on assumptions and judgments of management regarding future events and results. Such forward-looking statements and forward looking information, including but not limited to those with respect to the Stage 1 mining, HMS and spiral system operations and the development and commissioning of the Stage 2 SXEW plant at Kipoi, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any anticipated future results, performance or achievements expressed or implied by such forwardlooking statements. Such factors include, among others, the actual market prices of copper, the actual results of current exploration, the availability of debt financing, the volatility in global financial markets, the actual results of future mining, processing and development activities and changes in project parameters as plans continue to be evaluated. There can be no assurance that the Stage 1 HMS and Stage 2 SXEW plants will operate in accordance with forecast performance, that anticipated metallurgical recoveries will be achieved, that future evaluation work will confirm the viability of deposits identified within the project, that future required regulatory approvals will be obtained, that the Stage 2 Phases 2 and 3 expansions of the Kipoi Project will proceed as planned and within expected time limits and budgets or that, when completed, the expanded Kipoi Stage 2 SXEW plant will operate as anticipated. Production Targets: All Production targets referred to in this Report are underpinned by estimated Ore Reserves which have been prepared by competent persons in accordance with the requirements of the JORC Code. Competent Person Statement: The information in this report that relates to the Mineral Resources and Ore Reserves were first reported by the Company in compliance with JORC 2012 in market releases dated as follows: Kipoi Central Ore Reserves (Stage 1 HMS) 3 April 2014; Kipoi Central Ore Reserves (Stage 2 SXEW) 15 January 2014; Kipoi North and Kileba Ore Reserves (Stage 2 SXEW) 3 April 2014; Kipoi Central Mineral Resource 3 April 2014; Kipoi North Mineral Resource 3 April 2014; Kileba Mineral Resource 3 April 2014; Judeira Mineral Resource 26 November 2013; and Sase Central Mineral Resource - 12 July The Company confirms that it is not aware of any new information or data that materially affects the information included in the market announcements referred to above and further confirms that all material assumptions and technical parameters underpinning the ore reserve and mineral resource estimates contained in those market releases continue to apply and have not materially changed.

3 SEK Summary 95% owned by Tiger Resources, plans in place to cede 5% to DRC Government Producing copper concentrate from May 2011 Cathode production commenced in May 2014 Initial rate of 25,000t per annum Moving to 32,500t per annum copper cathode producer Only known true conventional heap leach in DRC Successful staged development approach

4 Reserves & Resources

5 Development Timeline

6 2014 Transformational Year Completed construction of the Kipoi SXEW plant Commissioned in May Declare commercial production in July Nameplate achieved in September Closure of the DMS plant in September Tiger Resources acquired the 40% interest in the Kipoi JV from Gécamines

7 Operations Stage I Dense Media Separation (DMS) Mining the higher grade zone at Kipoi Central to produce copper concentrate (23%) DMS was commissioned in April 2011 and ceased production in September 2014 Material processed 3,006, % Copper in conc recovered 107,000 t Post the Stage 1 operation, stockpiles containing 4.7Mt at 2.4% Cu remained for Stage II

8 Operations Stage II SX/EW To be built with a Phased approach Phase 1 at 25,000t per year Phase 1 debottleneck to 32,500 t per year Phase 2 potential to double SXEW capacity to 65,000t per year On hold Phase 3 Expanding crushing and Deslime circuit

9 Phase 1-2 layout

10 Phase 1 H/L, SXEW Layout

11 Agglomeration

12 Stacking

13 Heap Leach

14 Challenges Faced Power Wet season management Pads Wet season management Water balance Wet season management Stacking

15 Power Supply 11 x 1.2MW de-rated sets, 13.2MW total capacity 30MVA SNEL switch yard

16 Power Supply SEK, Megaton Federal, SNEL undertaking an Energy Efficiency Program Energy savings recognised by SNEL SEK grid power increased significantly in September Combination of DRC and Imported power Resulted in a substantial reduction in site energy costs over previous 2 months

17 Wet Season

18 Wet Season

19 Wet Season

20 Production Profile

21 Thank You