A Clear Strategy for Value

Kibo Mining plc (“Kibo” or the “Company”) is a Tanzania-based minerals exploration and development company, focused on realising value from the Rukwa Coal to Power Project (RCPP) and the Imweru gold project, as well as holding one of the largest exploration land packages in the country with assets spanning coal, gold, uranium and nickel-platinum group metals.

Kibo’s strategy for Rukwa is closely aligned with the interests of the Tanzanian government, which has an urgent requirement for new sources of power to support its rapid growth. We will leverage our expertise and existing stakeholder relationships – technical, financial and governmental – to advance Rukwa through to production and power generation.

The Imweru gold project is the most advanced project within the Company’s regional Lake Victoria Project mineral licence portfolio located in this proven gold prospective region of northern Tanzania where a number of operating gold mines are in production. Imweru comprises a 550,000 oz JORC-compliant gold  Mineral Resource on which  Kibo has begun a Definitive Mining Feasibility Study (DFS). The first stage of this DFS, a Preliminary Economic Assessment is near completion and an independent report from the Company’s consultants, Minxcon, is expected before the end of 2014. The Company is on a development path to put Imweru into production and realise early cash flow for which the results of  high level economic modelling  to date have been very encouraging.

Kibo’s diversified asset portfolio gives investors exposure to short-term, medium-term and long-term returns and provides the Company with options in terms of developing assets internally, joint-venturing or realising value through asset disposals on attractive terms.

Overview

Projects


Target: Coal
Location: Tanzania
Region: Mbeya
Total Area: 2,800 sq/km
Resource: 109 Mt


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Target: Gold
Location: Tanzania
Region: Mwanza
Total Area: 1,800 sq/km
Resource: ~700,000 oz. Gold (Imweru & Lubando projects)


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Target: Gold & Nickel
Location: Tanzania
Region: Dodoma
Total Area: 29 tenements covering an area of 6,168 km2


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Target: Gold
Location: Tanzania
Region: Morogoro & Dodoma
Total Area: 3,343 sq/km
Resource: early stage


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Target: Uranium & Coal
Location: Tanzania
Region: Mbeya, Iringa, Mbeya & Ruvuma
Total Area: ~ 9,000 sq/km
Resource: early stage


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Location Map

AIM Share Price
(Ticker: KIBO)
7.38p Change -0.62p
at close on 21 Dec 2014

JSE Share Price
(Ticker: KBO)
130.00c Change 0.00c
at close on 21 Dec 2014

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