Publication of Technical Report

AFRICAN CONSOLIDATED RESOURCES PLC.
                      ('ACR' or the 'Company')

                   Publication of Technical Report

ACR is pleased to  announce the publication  of a detailed  technical
report incorporating geochemical and  geophysical data in respect  of
the Company's  gold, nickel,  platinum and  diamond projects.    This
report details  significant exploration  results from  the  2007-2008
field programme.    The full  report,  including maps  and  technical
diagrams, is  available  to download  from  the Company's  website:
www.acrplc.com.

This report has  been prepared by  Mike Kellow BSc,  a member of  the
Australian Institute of Geologists and technical director of ACR.

Highlights

Ground electromagnetic  (EM)  surveys  at  the  Perseverance  Project
(Nickel) have defined five conductive anomalies in the footwall of  a
thick ultramafic  body, which  could  represent nickel  sulphides  at
depth.  The targets  are mostly supported  with anomalous nickel  and
pathfinder geochemistry, and  two of the  conductors are overlain  by
outcropping gossans. At least one gossan in the trend contains  >0.5%
Ni  at  surface.    Further  areas  show  an  EM  signature  that  is
prospective for  disseminated sulphides,  and an  IP survey  covering
several hundred metres strike length has been planned.  These results
cover the first  8km of strike  of the ultramafic  unit; almost  20km
remains to be explored. Diamond drill rigs have been ordered for  the
June quarter to test the five EM conductors.

Surface  sampling  at  Horseshoe   (Laterite  Nickel)  has   returned
encouraging nickel grades  in the 0.5%  to 3% range.   The nickel  is
concentrated in the saprolitic laterite weathering profile, and forms
a surface layer perhaps 2-3m  thick.  To date,  about 3 square km  of
weathered serpentinite has been tested on broad spaced lines using  a
Niton portable XRF machine,  and grades average 0.9%  Ni.  Deep  test
pits over the full 14 sq km  area are in progress.  Pit bulk  samples
will be submitted  to a  metallurgical laboratory  for heap  leaching
tests.  ACR is targeting 20-50 mt of laterite Ni ore at Horseshoe, at
grades of approximately 1% Ni.

At the Snakes Head  PGE project, detailed  mapping has discovered  an
additional 3.5 km strike length  of platinum reefs, which outcrop  in
the  north  of  the  project  area.  Independent  consultant   Martin
Prendergast now  estimates that  the chamber  controlled by  ACR  has
potential to  host more  than  50 million  ounces of  platinum  group
elements.  In addition to drill  testing the new reefs for  thickness
and grade,  ACR has  commissioned an  exploration adit  to collect  a
500kg  sample   of   the  sulphidic   platinum   mineralisation   for
metallurgical testing including float tests.

Diamond Exploration has produced encouraging results from  laboratory
studies on 3  kimberlites in  the south  of the  country. Garnet  and
chromite  chemistry  and  microprobe  analysis  has  identified   G10
garnets, which  indicate  that  the kimberlites  tapped  the  diamond
stability field.  Nickel thermometry tests will now be carried out on
the  garnet   population  to   assess  the   likelihood  of   diamond
preservation.

Perseverance Project (Nickel)

ACR holds almost 30km of strike length of the ultramafic unit hosting
the historical Perseverance  nickel mine, approx  120km southwest  of
Harare.   The  Perseverance  mine  contained  both  disseminated  and
massive-sulphide orebodies, producing overall 4000t of Ni metal at 1%
nickel and 0.4% copper, with palladium also reported in concentrates.

Approximately two thirds  of the  host ultramafic  strike length  has
been tested with MMI soil sampling, mapping, and ground magnetics and
electromagnetics (EM).  The ground  magnetics have been processed  to
map the ultramafic unit beneath cover rocks.

Soil Geochemistry: Over 5300 MMI soil samples covering 20km of strike
have been submitted to SGS laboratories, Canada, for mobile metal ion
(MMI) analysis. This  has identified a  large Ni anomaly  (>20,000ppb
Nickel (Ni) plus  associated Copper (Cu),  Palladium (Pd) and  Cobalt
(Co) extending for  about 4  km centred  over the  existing mine.  At
least four  additional  nickel-copper-cobalt-platinum  anomalies  lie
approximately 4.5km, 7km, 10km  and 16 km  south of the  Perseverance
mine, in an area where ultramafic outcrop is  outcropping or inferred
to be lying at shallow depths beneath cover rocks. A sixth Ni anomaly
lies about 1.5 km to  the north of the  mine in footwall rocks  along
the Archaean-Proterozoic basin contact.

Within the main mine  anomaly, about 500m southwest  of the old  pit,
the  Ni-Cu-Co-Pd  geochemistry  forms  a  crosscutting  "flame"  that
extends 300m to 500m into the footwall rocks.  As the majority of the
mined nickel sulphides were  hosted in the  footwall rocks below  the
serpentinite, this  anomaly  is highly  prospective  for  remobilised
massive sulphides.

The geochemical anomaly coincides with a magnetic thickening in the
footwall of the ultramafic, and with two EM conductors.  The magnetic
feature may represent a channel structure or local thickening which
is very prospective for Kambalda-style nickel mineralisation.

Mapping; Recent field mapping  has discovered nickel bearing  gossans
(weathered  sulphides  on  surface)  within  ultramafic   sub-outcrop
associated with some  of the geochemical  anomalies.  Initial  assays
using ACR's Niton  XRF analyser  returned grades  in the  0.5% to  1%
nickel range. This is encouraging as surface leaching of nickel often
downgrades surface assays. Gossans coincide with electromagnetic (EM)
conductor targets P3 and P4 (see below).

SIROTEM EM surveys to  date cover about 8  km of ultramafic south  of
the old  mine,  using  100m  coincident  ground  loops.    They  have
identified five anomalies (P1-P5),  prospective for both massive  and
disseminated sulphides.  These anomalies have been modelled by  Peter
Williams  of  Mark2   Geophysics,  and   preliminary  drill   targets
identified. Infill  EM  to  position  drill  holes  in  April-May  is
underway.  Targets are as follows:

+--------------------------------------------------------------------------+
|Conductor  |E Loc   |N Loc   |Dip  |Dip        |Depth  |Strike  |Depth    |
|Name       |        |        |     |Direction  |to Top |Length  |Extent   |
|           |        |        |     |           |       |(m)     |         |
|-----------+--------+--------+-----+-----------+-------+--------+---------|
|P1         |49,735  |95,950  |75   |270        |95     |400     |350-550  |
|-----------+--------+--------+-----+-----------+-------+--------+---------|
|P2         |50,250  |95,950  |70   |270        |150    |400     |350-550  |
|-----------+--------+--------+-----+-----------+-------+--------+---------|
|P3         |49,210  |91,050  |85   |270        |85     |400     |350-550  |
|-----------+--------+--------+-----+-----------+-------+--------+---------|
|P4         |48,980  |89,150  |90   |270        |140    |400     |350-550  |
|-----------+--------+--------+-----+-----------+-------+--------+---------|
|P5         |50,770  |88,950  |90   |270        |95     |400     |200      |
+--------------------------------------------------------------------------+


Targets P1 and P2

The main feature of this area, apart from its high resistivity, is  a
localised  area  of  increased   conductance  in  the  upper   50-80m
immediately south  of the  Perserverance Pit,  and which  appears  to
occur over the southern  extension of the  Perserverance host rock.
Within this area there appear to be 2 moderate to weakly  conductive,
north south (local grid) units, as has been noted previously.   These
appear to  have  strike  lengths  of the  order  of  300-400m.    The
increased shallow conductivity occurs  over an area of  approximately
500m by 650m.

Both of these features (shallow and bedrock) could be due to sulphide
occurrences.   The shallow  enhanced conductivity  could represent  a
greater localised degree of weathering (rock converted to clay due to
the weathering of  sulphides).  The  interpreted conductivity of  the
bedrock conductors is  on the low  end of that  expected from  Nickel
sulphides, and hence  if it is  due to nickel  sulphides, then it  is
likely that the sulphides would be of the disseminated variety (there
is no inference as to the tenor of nickel sulphides).

Alternative explanations  for the  increase in  shallow  conductivity
include:-
1. An increase in depth of weathering of the host rock.
2. A  fault  or  shearing  cross cutting  the  stratigraphy  at  this
location.
3. A local aquifer,  although this does not  appear to be  consistent
with mapped geology.

The interpreted bedrock conductors are  evident on the northern  edge
of this shallower feature.

Target P3

The P3 Target is  5 kilometres south of  the Perserverance pit.   The
response is that of moderate to  weak conductor, and the response  is
near coincident  with a  mapped gossan.   No  magnetics is  available
across this target.

Target P4

Target P4 is further 1200 meters to the south of P3, and has a  lower
conductivity and the characteristics of a probable thick conductor.
Again a gossan  is mapped  proximal to  the conductor  position.   No
magnetics is available across this target.

Target P5

Target P5  lies approximately  900m to  the east  of P4,  and is  not
closed off  to the  south from  results  to hand.   No  magnetics  is
available across this target.  Hence modeling is problematical; as we
are not sure  the line  is over  the central  portion of  the body.
Notwithstanding this, the body parameters derived from modelling  are
shown in the full version of the technical report.

Conclusions

The TEM  data  indicates  a  generally  very  electrically  resistive
terrain.   The  main variation  in  early time  response  is  located
immediately south  of the  Perserverance Mine,  and although  several
explanations are possible,  it is considered  that it is  due to  the
weathering of sulphides (due to proximity to the sulphide  occurrence
at Perserverance) and possibly a more easily weathered bedrock.

A number of possible bedrock conductors are indicated in the mid-time
channels of  the TEM  survey.   It is  recommended that  the  defined
interpretive positions  of  possible bedrock  conductors  be  checked
rigorously  against  geology  and   geochemistry  to  ascertain   the
prospectivity of these  interpreted conductors.   Subject  to this  a
line of detailed TEM should be surveyed to best define the  conductor
geometry.

Horseshoe (Laterite Nickel)

ACR controls over 14square km of mineral claims over serpentinites of
the northern  Great  Dyke,  approximately 140km  north  of  Harare.
Widespread lateritic nickel concentration in the 0.5% to 3% range has
been identified on the surface and in shallow pits. Surface  sampling
to date has  tested an area  of about 3  sq km. A  total of 372  chip
samples of saprolite on 200m x 25m centres averaged 0.9% Ni  (method;
Niton portable XRF).  Eighty eight percent of the samples exceeded  a
cut-off of 0.5% Ni at an average grade of 1.0% Ni.

Close-spaced sampling of the shallow soil cover over the saprolite in
one valley (approx 800 samples  over 04.sq km) also returned  average
grades of 1.0% Ni

The current area  of ACR  claims has potential  to contain  20 to  50
million  tones  of  saprolite  ore   at  approximately  1%  Ni.   New
developments in  atmospheric heap  leaching mean  this project  could
benefit from  the  lower Capex,  lower  cutoff grades  and  scaleable
project size compared  to the  more capital  intensive High  Pressure
Acid Leach process.

Pitting at 500m centres  is underway to  determine the thickness  and
vertical grade  distribution of  the laterite  blanket. Bulk  samples
will be sent for metallurgical  testing to determine the  feasibility
of heap leaching.   Work by previous explorers in the 1980's suggests
that the mineralisation is  at least 2m thick  in many areas. ACR  is
investigating a local source of sulphuric acid for the project.

Pickstone-Peerless and Giant (Gold)

These projects are located in Zimbabwe's Archean Midlands  greenstone
belt, approximately 110km south west of Harare, and currently contain
a JORC inferred Resource of 800,000 ounces Au.

ACR is taking  the opportunity  to assess economic  potential in  the
deeper portions of the old  mines before committing to deep  drilling
programmes. Both  deposits  lie  over deep  mines  with  considerable
potential beneath  the  current  drilling levels  of  100-150m  below
surface.    The Pickstone mine  was previously worked  to 750m  below
surface.  ACR  is also cautious  about investing development  capital
into gold mines  at this  time, as the  current gold-sales  structure
within Zimbabwe  does  not  allow  companies  to  sell  gold  at  the
international gold price.

Block  models  of  Peerless  and  Concession  drill  data  have  been
subjected to a preliminary optimisation  study. The objective of  the
study is to scope out the potential to conduct open pit mining on the
projects and provide some guidance as to where future drilling should
be directed in  order to maximise  the effectiveness of  that work.
Consultants will be engaged in  April to provide firmer estimates  of
local operating and capital expenditure costs in the aftermath of the
recent Presidential election.

Should the modelling be favourable, diamond drilling programmes  will
be instigated in order to  establish additional Resources at depth.
The three deposits lie within 30km of each other and the economics of
a centralised processing plant is being investigated.

Snakes Head PGE Project

The Snakes Head project lies on the Musengezi Chamber at the northern
end of  Zimbabwe's  Great Dyke,  a  very large  ultramafic  intrusion
hosting the world-class Ngezi, Mimosa and Unki PGE projects owned  by
Impala Platinum-Zimplats, Aquarius Platinum and Anglo American.   The
Musengezi platinum  chamber  at  the  Snakes  Head  project  is  less
understood, mostly due  to its rugged  terrain and relatively  remote
location. ACR mineral claims  cover the full  extent of the  chamber,
approximately 26,000 ha.

Mapping in late 2007 by consultant Martin Prendergast was carried out
in the northeast of the chamber  to explore for extensions of the  P1
Pyroxenite unit,  hosting  the platinum-bearing  Main  Sulphide  Zone
(MSZ), and Lower Sulphide Zone (LSZ).

The mapping has  discovered   in excess of  3.5 km  strike length  of
previously unrecognised P1  horizon in mis-mapped  "mafic gneiss"  to
the north of  the known platinum  reefs.  The  gneiss was  originally
believed to  be  part of  an  older,  basement complex,  but  is  now
recognised as altered extensions of the great dyke and a host to  the
key platinum horizons.

Resource Potential

Potential PGE contained within the Musengezi Chamber was estimated by
previous operator Cluff Resources at 20-30 Moz PGE at low grade (1 to
1.4 g/t). Mining widths are approximately 4m in both the MSZ and  LSZ
which occur  only  50m  apart  at Snakes  head,  compared  with  200m
separation further south.

Completion of  the mapping  programme and  verification of  the  area
underlain by the P1 layer, combined with knowledge of the  existence,
thickness and grade of the MSZ  and LSZ reefs by prior drilling,  now
allow a minimum Pt resource potential to be estimated for the  entire
Snakes Head area for the first time, as follows.

Measurements and assumptions employed in the calculations were:

  * Total surface area underlain by the P1 Layer = 60 km2
  * Total reef thickness (2 reefs, each 4 m thick) = 8 m
  * Tonnage factor = 3.25
  * Grade = 1 g/t Pt (plus Pt equivalent of Pd)

The potential resource estimated on this basis is ca.50m oz Pt.  This
represents a  minimum resource,  because  the calculations  assume  a
horizontal reef package and  because the P1 Layer  in the Fundumwi  -
Sohwe  Falls  blocks  most  likely  extends  northwards  beneath  the
Rushinga gneisses  at  least as  far  as the  Escarpment  Fault.  The
subsurface configuration  of  the  P1 Layer  remains  uncertain,  but
incorporating the down-dip  extent of the  P1 Layer, when  accurately
known, will significantly  increase the size  of the total  potential
resource.

Snakes Head mineralisation is typically double the width and half the
grade of the platinum  reefs to the south  (eg Ngezi). Most reefs  to
date are assumed to belong to the axial facies (central zone) of  the
original intrusion. There are  favourable geological indications  the
new reefs may belong to the higher-grade marginal facies which  occur
on the edges of the dyke. Drilling or shallow exploration shafts  are
required to test the grade and thickness of the new reefs.  Enquiries
are underway to source a helicopter or man-portable diamond drill rig
to access sites in the steep terrain.

Metallurgical test work

Bulk  samples   are  required   to  test   the  MSZ   for   flotation
characteristics and other metallurgical factors.  For this purpose an
exploration adit  is being  planned  to drive  into  the MSZ  in  the
western end of the chamber.  About 500kg of unoxidised sulphide  reef
will be collected for laboratory work.

Planning of the adit is  complete, environmental approvals have  been
obtained for the work, and excavations will commence next month.  The
adit is expected to take at least 3 months to complete.

Diamond Exploration

Diamond exploration  has  concentrated on  assessing  ACR's  southern
Zimbabwean  kimberlite  pipes  and  associated  dykes  together  with
regional sampling over areas of similar tectonic settings.

Geochemical microprobe results  from Mineral  Services, South  Africa
have confirmed the garnet population was kimberlitic and consisted of
both G9 and G10 garnets indicating that these kimberlites tapped  the
diamond stability  field.   This was  also confirmed  by  consultants
Napier Exploration.

Chrome spinels also plot in and around the diamond stabilizing field.

Ongoing work will  include micro-diamond analyses  by caustic  fusion
and nickel thermometry  to determine  the affect of  the geotherm  on
diamond preservation.

Regional Exploration.

Large  grass-roots  geochemical   sampling  programmes  continue   to
generate first-pass  gold and  basemetals  anomalies in  the  Limpopo
mobile zone, Midlands Greenstone belts, and elsewhere.

The company  has set  up  an in-house  sample preparation  and  assay
laboratory, using portable Niton XRF  analysers to assay for a  broad
range of base  metals and  pathfinder elements. The  lab can  process
over 4,000 samples a month and ACR has three geochemical  exploration
teams in the field.

Results of  infill  sampling  of the  first-pass  anomalies  will  be
detailed as results become available.

Competent Person

This report was compiled by  Mr. Michael Kellow (Technical  Director,
ACR).

Michael Kellow (BSc) is a Member  of AIG and a full-time employee  of
African Consolidated  Resources  plc.    Mr.  Kellow  has  sufficient
experience which is relevant to the style of mineralisation and  type
of deposit  under  consideration and  to  the activity  which  he  is
undertaking to qualify as a Competent  Person as defined in the  2004
Edition of  the  'Australasian  Code  for  Reporting  of  Exploration
Results, Mineral Resource  and Ore  Reserves' (JORC  Code).   Michael
Kellow consents to  the publication  of the  report in  the form  and
context in which it appears.

Enquiries:

+-------------------------------------------------------------------+
| African Consolidated Resources plc |                              |
| Andrew Cranswick                   | [phone]              |
| Roy Tucker                         | [phone]  / +44  7920 |
|                                    | 189012                       |
|------------------------------------+------------------------------|
| Ambrian Partners Limited           |                              |
| Richard Brown                      | [phone]             |
| Richard Greenfield                 |                              |
|                                    |                              |
+-------------------------------------------------------------------+


Glossary of technical terms:

+-------------------------------------------------------------------+
| Term                | Explanation                   | Acronym     |
|---------------------+-------------------------------+-------------|
| adit                | mining term describing a      |             |
|                     | horizontal underground        |             |
|                     | excavation (tunnel) to access |             |
|                     | a mining target               |             |
|---------------------+-------------------------------+-------------|
| aeromagnetics       | Magnetic survey carried out   | aeromags    |
|                     | with a sensor in an aircraft  |             |
|---------------------+-------------------------------+-------------|
| archaean            | rocks greater than 2,600 Ma   |             |
|                     | in age                        |             |
|---------------------+-------------------------------+-------------|
| As                  | chemical symbol for arsenic   |             |
|---------------------+-------------------------------+-------------|
| Au                  | chemical symbol for gold      |             |
|---------------------+-------------------------------+-------------|
| banded              | chemical   sedimentary   rock | BIF         |
| iron-formation      | consisting of iron and quartz |             |
|---------------------+-------------------------------+-------------|
| base metal          |  Nickel, copper, lead, zinc   | BM          |
|---------------------+-------------------------------+-------------|
| capex               | "capital expenditure"; cash   |             |
|                     | amount required for           |             |
|                     | non-operating costs such as   |             |
|                     | plant construction and        |             |
|                     | equipment                     |             |
|---------------------+-------------------------------+-------------|
| chromite            | A chromium-rich mineral of    |             |
|                     | the spinel group, abundant in |             |
|                     | kimberlite pipes              |             |
|---------------------+-------------------------------+-------------|
| claims              | areas allocated by the        |             |
|                     | government of Zimbabwe for    |             |
|                     | the purposes of exploration   |             |
|                     | and exploitation of minerals, |             |
|                     | may be either for gold,       |             |
|                     | diamonds or base minerals.    |             |
|                     | Synonymous with leases,       |             |
|                     | tenements.                    |             |
|---------------------+-------------------------------+-------------|
| concentrate         | normally of metallic minerals |             |
|                     | such as pyrite and            |             |
|                     | arsenopyrite after removal of |             |
|                     | gangue                        |             |
|---------------------+-------------------------------+-------------|
| Conductor           | See electromagnetic survey    |             |
|---------------------+-------------------------------+-------------|
| core                | Cylindrical sample of rock as |             |
|                     | cut by a diamond drill        |             |
|---------------------+-------------------------------+-------------|
| Co                  | Chemical symbol for cobalt    |             |
|---------------------+-------------------------------+-------------|
| Cu                  | chemical symbol for copper    |             |
|---------------------+-------------------------------+-------------|
| diamond drilling    | Drilling   method   using   a |             |
|                     | diamond-impregnated   cutting |             |
|                     | bit to obtain  a core  sample |             |
|                     | of rock                       |             |
|---------------------+-------------------------------+-------------|
| dip                 | the orientation  of a  planar |             |
|                     | geological  feature  relative |             |
|                     | to horizontal                 |             |
|---------------------+-------------------------------+-------------|
| disseminated        | Accumulations   of   sulphide |             |
| sulphide            | minerals where the grains are |             |
|                     | not   separated   by    other |             |
|                     | minerals  and   are  not   in |             |
|                     | physical  contact  with  each |             |
|                     | other.                        |             |
|---------------------+-------------------------------+-------------|
| electromagnetic     | Geophysical  technique  using | EM,    TEM, |
| survey              | electrical currents to detect | SIROTEM     |
|                     | conductive    bodies    below |             |
|                     | surface.  Conductive   bodies |             |
|                     | include     massive-sulphides |             |
|                     | that may contain base metals  |             |
|---------------------+-------------------------------+-------------|
| EM survey           | See electromagnetic survey    |             |
|---------------------+-------------------------------+-------------|
| environmental       | assessment of impacts to  the | EIA         |
| impact assessment   | environment  likely   to   be |             |
|                     | caused by any activity        |             |
|---------------------+-------------------------------+-------------|
| environmental       | legislation encompassing and  | EMA         |
| management act      | replacing all previous        |             |
|                     | environmental legislation     |             |
|---------------------+-------------------------------+-------------|
| environmental       | report  detailing  mitigation | EMP         |
| management plan     | or avoidance of environmental |             |
|                     | impacts associated  with  any |             |
|                     | activity; for mining activity |             |
|                     | usually incorporates  a  mine |             |
|                     | closure plan                  |             |
|---------------------+-------------------------------+-------------|
| fault               | a fracture or break within  a |             |
|                     | body  of  rock  across  which |             |
|                     | some movement has occurred    |             |
|---------------------+-------------------------------+-------------|
| felsite             | silica rich igneous rock, aka |             |
|                     | felsic volcanic               |             |
|---------------------+-------------------------------+-------------|
| flotation           | the process of  concentrating |             |
|                     | minerals from  finely  ground |             |
|                     | slurry  by  the  addition  of |             |
|                     | reagents and air              |             |
|---------------------+-------------------------------+-------------|
| fold                | geological term  for a  curve |             |
|                     | or bend of planar surfaces in |             |
|                     | rocks                         |             |
|---------------------+-------------------------------+-------------|
| foliation           | geological  term  for  planar |             |
|                     | features within rocks         |             |
|---------------------+-------------------------------+-------------|
| G10 garnet          | A chemical classification  of |             |
|                     | garnets      whereby      the |             |
|                     | calcium/chromium  ratios   in |             |
|                     | the G10  field indicates  the |             |
|                     | garnets were  likely to  have |             |
|                     | formed   in    diamondiferous |             |
|                     | kimberlites.                  |             |
|---------------------+-------------------------------+-------------|
| Garnet              | An aluminium-silicate mineral |             |
|                     | common   in    igneous    and |             |
|                     | metamorphic rocks             |             |
|---------------------+-------------------------------+-------------|
| geophysics          | Mineral  prospecting  systems |             |
|                     | designed      to       detect |             |
|                     | mineralisation   using    the |             |
|                     | physical properties of rocks. |             |
|---------------------+-------------------------------+-------------|
| global  positioning | Navigation and    positioning | GPS         |
| system              | system  allowing  survey   by |             |
|                     | satellite                     |             |
|---------------------+-------------------------------+-------------|
| gossan              | Oxidized  sulphide   minerals |             |
|                     | which    form     distinctive |             |
|                     | iron-rich    outcrops    with |             |
|                     | sponge-like        weathering |             |
|                     | textures;    gossans    often |             |
|                     | overlie         sulphide-rich |             |
|                     | deposits of  base metals  and |             |
|                     | gold.                         |             |
|---------------------+-------------------------------+-------------|
| greenstone belt     | belts    of     metamorphosed |             |
|                     | sedimentary and igneous rocks |             |
|                     | of Archaean age               |             |
|---------------------+-------------------------------+-------------|
| hydrothermal        | hot, water-rich  fluid  which |             |
|                     | dissolves   and    transports |             |
|                     | metals and deposits these  in |             |
|                     | suitable geological traps     |             |
|---------------------+-------------------------------+-------------|
| igneous rock        | originally  molten   can   be |             |
|                     | volcanic or intrusive         |             |
|---------------------+-------------------------------+-------------|
| IP survey           | "Induced   Potential"   -   a |             |
|                     | geophysical   technique    to |             |
|                     | detect disseminated  sulphide |             |
|                     | mineralisation                |             |
|---------------------+-------------------------------+-------------|
| JORC                | Joint Ore Reserves  Committee |             |
|                     | of the Australasian Institute |             |
|                     | of Mining and Metallurgy      |             |
|---------------------+-------------------------------+-------------|
| kimberlite          | igneous rock of ultramafic    |             |
|                     | composition forming           |             |
|                     | volcanic-pipe structures      |             |
|                     | which can host diamonds       |             |
|---------------------+-------------------------------+-------------|
| komatiite           | volcanic rock with low silica |             |
|                     | and high magnesium and iron   |             |
|                     | contents, common host to      |             |
|                     | nickel deposits               |             |
|---------------------+-------------------------------+-------------|
| laterite            | highly    weathered     rock, |             |
|                     | usually   conforms    to    a |             |
|                     | consistent weathering pattern |             |
|                     | from   surface   and    often |             |
|                     | redistributes gold, nickel or |             |
|                     | aluminium   to   ore    grade |             |
|                     | concentrations   above    the |             |
|                     | primary source at depth.      |             |
|---------------------+-------------------------------+-------------|
| lodes               | Higher   grade   portion   of |             |
|                     | mineralised  zones,   usually |             |
|                     | with specific orientation     |             |
|---------------------+-------------------------------+-------------|
| lower sulphide zone | tabular, layered mineralised  | LSZ         |
|                     | portion of the Great Dyke,    |             |
|                     | generally of lower PGE grade  |             |
|                     | than the MSZ                  |             |
|                     |                               |             |
|---------------------+-------------------------------+-------------|
| magnetic survey     | measurements      of      the |             |
|                     | perturbation in  the  earth's |             |
|                     | magnetic  field   caused   by |             |
|                     | magnetic minerals in rocks    |             |
|---------------------+-------------------------------+-------------|
| main sulphide zone  | tabular, layered  mineralised | MSZ         |
|                     | portion of the Great Dyke     |             |
|---------------------+-------------------------------+-------------|
| massive sulphide    | Bodies of  sulphide  minerals |             |
|                     | where  the   grains  are   in |             |
|                     | physical    contact;    these |             |
|                     | bodies can become  electrical |             |
|                     | conductors (see EM surveys)   |             |
|---------------------+-------------------------------+-------------|
| metamorphism        | changes   in   the    mineral |             |
|                     | compositions of rocks due  to |             |
|                     | increased temperature  and/or |             |
|                     | pressure   normally    during |             |
|                     | burial                        |             |
|---------------------+-------------------------------+-------------|
| mineralisation      | metallic minerals such as     |             |
|                     | gold, base metals, pyrite and |             |
|                     | arsenopyrite incorporated in  |             |
|                     | rocks                         |             |
|---------------------+-------------------------------+-------------|
| mineralised zones   | hydrothermally        altered |             |
|                     | structural           features |             |
|                     | containing        potentially |             |
|                     | valuable minerals             |             |
|---------------------+-------------------------------+-------------|
| Mobile metal ion    | assay   technique   using   a | MMI         |
| analysis            | proprietary chemical leach to |             |
|                     | obtain  a   broad  range   of |             |
|                     | elements from soil samples    |             |
|---------------------+-------------------------------+-------------|
| Ni                  | chemical symbol for nickel    |             |
|---------------------+-------------------------------+-------------|
| orebody             | economically  viable  portion |             |
|                     | of a mineralised zone         |             |
|---------------------+-------------------------------+-------------|
| Pd                  | Chemical symbol for palladium |             |
|---------------------+-------------------------------+-------------|
| platinum      group | platinum, palladium,  rhodium | PGE         |
| elements            | (ruthenium and iridium)       |             |
|---------------------+-------------------------------+-------------|
| Pt                  | Chemical symbol for platinum  |             |
|---------------------+-------------------------------+-------------|
| pyrite              | iron sulphide  mineral  often |             |
|                     | associated with gold          |             |
|---------------------+-------------------------------+-------------|
| pyrrhotite          | iron sulphide mineral         |             |
|---------------------+-------------------------------+-------------|
| quality control     | procedures  to   ensure   the | QC          |
|                     | accuracy   of   all   results |             |
|                     | obtained from  any  activity, |             |
|                     | particularly   sampling   and |             |
|                     | assays                        |             |
|---------------------+-------------------------------+-------------|
| quality assurance   | process  of   recording   all | QA,  QA/QC  |
|                     | quality control procedures    |             |
|---------------------+-------------------------------+-------------|
| quartz              | silicon  oxide  mineral  very |             |
|                     | common    in     hydrothermal |             |
|                     | deposits                      |             |
|---------------------+-------------------------------+-------------|
| resource            | mineral resource  as  defined |             |
|                     | by the JORC Code 2004         |             |
|---------------------+-------------------------------+-------------|
| reverse circulation | rotary  percussion   drilling | RC          |
| drilling            | whereby   the    sample    is |             |
|                     | returned  from  the   cutting |             |
|                     | head inside the rod string to |             |
|                     | surface   thereby    avoiding |             |
|                     | contamination from the  walls |             |
|                     | of the hole                   |             |
|---------------------+-------------------------------+-------------|
| rotary  air   blast | Open-hole  drilling   whereby | RAB         |
| drilling            | drill cuttings  are  returned |             |
|                     | to surface by compressed  air |             |
|                     | in    an    un-lined    hole; |             |
|                     | contamination   is   possible |             |
|                     | from the walls of the hole.   |             |
|---------------------+-------------------------------+-------------|
| saprolite           | In-situ    weathered     rock |             |
|                     | vertically  located  at   the |             |
|                     | bottom   of   the   lateritic |             |
|                     | weathering profile.   Can  be |             |
|                     | host to nickel laterite ore   |             |
|---------------------+-------------------------------+-------------|
| schist              | metamorphic  rock  with  well |             |
|                     | developed foliation           |             |
|---------------------+-------------------------------+-------------|
| serpentinite        | magnesium iron silicate of    |             |
|                     | metamorphic origin            |             |
|---------------------+-------------------------------+-------------|
| shale               | clay-rich sedimentary rock,   | Black shale |
|                     | when black or carbonaceous    |             |
|                     | normally contains carbon      |             |
|---------------------+-------------------------------+-------------|
| shear zone          | zone of multiple fractures or |             |
|                     | discontinuities in rock,      |             |
|                     | either ductile or brittle     |             |
|---------------------+-------------------------------+-------------|
| siltstone           | fine grained usually quartz   |             |
|                     | rich sedimentary rock; where  |             |
|                     | calcareous contains calcium   |             |
|                     | or magnesium carbonate        |             |
|---------------------+-------------------------------+-------------|
| SIROTEM             | See electromagnetic survey    | EM, TEM     |
|---------------------+-------------------------------+-------------|
| siting of works     | statutory submission required |             |
| plan                | ahead of any mining activity  |             |
|                     |                               |             |
|---------------------+-------------------------------+-------------|
| stockworks          | zone of multiple quartz       |             |
|                     | filled fractures with         |             |
|                     | individual veins often of     |             |
|                     | random orientation            |             |
|---------------------+-------------------------------+-------------|
| strike              | the horizontal orientation of |             |
|                     | a planar geological feature   |             |
|---------------------+-------------------------------+-------------|
| sulphide            | sulphur bearing metallic      |             |
|                     | mineral                       |             |
|---------------------+-------------------------------+-------------|
| synform             | geological term for an upward |             |
|                     | facing fold                   |             |
|---------------------+-------------------------------+-------------|
| talc                | magnesium iron silicate mica  |             |
|                     | of metamorphic origin         |             |
|---------------------+-------------------------------+-------------|
| tenement            | an area encompassing a number |             |
|                     | of blocks of claims           |             |
|---------------------+-------------------------------+-------------|
| thrust              | shallow dipping fault where   |             |
|                     | the upper body of rock        |             |
|                     | overrides the lower portion   |             |
|---------------------+-------------------------------+-------------|
| ultramafic          | dark silicate mineral or rock |             |
|                     | with high magnesium and iron  |             |
|---------------------+-------------------------------+-------------|
| variogram           | mathematical representation   |             |
|                     | of spatial variability        |             |
|                     | between data                  |             |
|---------------------+-------------------------------+-------------|
| wireframe           | computer generated volume     |             |
|                     | boundary, usually around      |             |
|                     | lithological or Resource      |             |
|                     | zones                         |             |
|---------------------+-------------------------------+-------------|
| XRF                 | X-Ray fluorescence; an  assay |             |
|                     | technique  using  x-rays   to |             |
|                     | measure               element |             |
|                     | concentrations in a sample    |             |
|---------------------+-------------------------------+-------------|
| UNITS               |                               |             |
|---------------------+-------------------------------+-------------|
| cm.g/t              | centimetre grams per tonne -  |             |
|                     | metal content expressed as    |             |
|                     | grade times thickness         |             |
|---------------------+-------------------------------+-------------|
| g                   | gramme                        |             |
|---------------------+-------------------------------+-------------|
| g/t                 | grammes per metric tonne -    |             |
|                     | metal concentration           |             |
|---------------------+-------------------------------+-------------|
| ha                  | hectare                       |             |
|---------------------+-------------------------------+-------------|
| kg                  | kilogramme, a thousand        |             |
|                     | grammes                       |             |
|---------------------+-------------------------------+-------------|
| km                  | kilometre                     |             |
|---------------------+-------------------------------+-------------|
| koz                 | thousand ounces               |             |
|---------------------+-------------------------------+-------------|
| kt                  | thousand metric tonnes        |             |
|---------------------+-------------------------------+-------------|
| kv                  | thousand volt                 |             |
|---------------------+-------------------------------+-------------|
| kva                 | thousand volt amperes         |             |
|---------------------+-------------------------------+-------------|
| m                   | metre                         |             |
|---------------------+-------------------------------+-------------|
| mm                  | millimetre                    |             |
|---------------------+-------------------------------+-------------|
| µm                  | micron, or millionth of a     |             |
|                     | metre                         |             |
|---------------------+-------------------------------+-------------|
| mt                  | million metric tonnes         |             |
|---------------------+-------------------------------+-------------|
| moz                 | million ounces                |             |
|---------------------+-------------------------------+-------------|
| oz                  | fine troy ounce equaling      |             |
|                     | 31.1048 grammes - normal unit |             |
|                     | used in selling gold          |             |
|---------------------+-------------------------------+-------------|
| ppb                 | parts per billion             |             |
|---------------------+-------------------------------+-------------|
| ppm                 | parts per million, equivalent |             |
|                     | to g/t                        |             |
|---------------------+-------------------------------+-------------|
| t                   | metric tonne                  |             |
|---------------------+-------------------------------+-------------|
| t/m3                | density measured as metric    |             |
|                     | tonnes per cubic metre        |             |
|---------------------+-------------------------------+-------------|
| °                   | degrees                       |             |
+-------------------------------------------------------------------+

---END OF MESSAGE---