Centennial Trading Company 4 (Pty) Ltd Trading As: Discovery Drilling Contractors VAT No. 4400246601 Reg. No: 2007/023535/07 Directors: F.D. Conradie

COMPANY PROFILE

INTRODUCTION

Discovery Drilling Contractors was established in 1999 as an independent exploration drilling company. Since establishment this company has grown into an efficient and effective business unit, maintaining the highest standards with regards to personnel, equipment, health and safety and delivery of quality core to its clients.

We are proud to present Discovery Drilling Contractors as the complete solution for exploration drilling needs. Our service is solid, based on experience and quality of both management and field personnel, as well as rugged, safe and dependable drilling equipment.

SAFETY

We take pride in an excellent safety record. Hundreds of thousands of metres have been safely drilled in conditions varying from good to extremes with regards to terrain, weather and rock formations. Teams are well equipped, both mentally and physically to prevent incidents and always put safety first. A complete safety management system is implemented and maintained by an external risk management consultancy. A complete risk assessment package have been developed, forming the basis of thorough safe work procedures on which regular training and retraining are presented to the teams. Employees are fully represented in all health and safety matters.

MANUFACTURING OF EQUIPMENT

Years of experience in the exploration drilling environment have taught us valuable lessons with regards to the requirements of an excellent drilling machine. At Discovery Drilling we manufacture our own drilling machines to specifications answering those requirements. We are continuously striving to beat the odds and the competition by delivering quality equipment and an effective maintenance and repair program to the drilling teams.

PRODUCTION

Discovery Drilling averages 1500m per rig per month. This in itself is an excellent record and should indicate to the client that we do not intend for a machine to waste any time on a hole. Our drilling record is 2536m with 1 rig in 22 days. Although our production is better than average, we still maintain good track discipline, our environmental control is above question, our labour relations and facilities for workers are top class and very importantly – our relationship with the land owners/farming communities on the land where we have drilled have been excellent and it will always remain a priority of Discovery Drilling and its employees.

TYPES OF DRILLING

Diamond Drilling: Wire Line Conventional Drilling BQ – 36.2mm TBW – 44.7mm NQ – 47.4mm TNW – 60.3mm HQ – 63.3mm T6146 – 122mm PQ – 84.7mm 4⁹⁄₁₆

Percussion Drilling:

RC Drilling Open-hole hammer

Fluid RC & Mud Rotary Cemetrix Drilling & Odex

EQUIPMENT

We have a fleet of 43 Diamond drill rigs and 1 RC rig. We have 12 drill rigs capable of drilling BQ down to 2,500m. We also have our own transport department consisting of trucks and low beds to mobilize drill rigs and equipment to site.

CLIENT BASE Discovery Drilling has done work for numerous clients over the past years. Some of those are:

• Amcoal • Ingwe • Vantech • Amcoal / Sasol – Frank Trollip 082 461 5321 • Xstrata – Pieter-Jan Grabe 082 808 3292 • Amplats • Wesizwe – Wim De Lange 083 408 2851, Manie 083 339 1732 • BCL – Harold van Zyl +267 71320767 • African Nickel Current Projects • Continental Coal – Eva Schneiderhan 082 416 6595 • Platinum Group Metals – Willie Visser 082 657 7679 • Beacon Rock Corporate Services – Mike Haslett 083 271 0191 • Sepako – Dawie Strydom 083 578 2137

Drilling operations were done in Northern Kwa-Zulu Natal, Mpumalanga, the Highveld, the Western Bushveld Complex and Botswana. Our objective with regards to client satisfaction is twofold namely:

1. To deliver the best service in the industry; and 2. to be regarded by our clients as their first choice.

THE FUTURE

Keeping to our standards and maintaining momentum in development and delivery of excellent service is the key for a promising future. Although Discovery Drilling already is a sizeable drilling venture, it will not be allowed to slide into an oversized, clumsy entity. Manageability and mobility are two principles very highly regarded by the director as they ensure excellence in service to the client.

Our short to medium term planning is to expand drilling operations into sub-Saharan Africa. I, as the director of Discovery Drilling Contractors want to assure you of our professional service and loyalty towards your company.

Other Subsidiaries

Tel. +267 261 5775 Fax. +267 261 5775 Cell. +267 74 008 503

PO Box 664 Mmadinare Botswana