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AFRICO RESOURCES LIMITED - MINING IN THE DEMOCRATIC REPUBLIC OF THE CONGO

Currently the Kalukundi deposit has been defined through the evaluation of 4 fragments of Mines series rocks. An ore reserve of oxide materials has been defined within these 4 fragments of 7.8 million tonnes grading 2.44% Cu and 0.69% Co. The depth of oxides varies from fragment to fragment and ranges between 40m down to depth exceeding 130m. Below the oxide material is a zone with mixed oxide-sulphides over a vertical depth of about 40m within which some supergene enrichment may have occurred.

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