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Prescient presentation - Petmin

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Iron Ore – Mount Ginka, Liberia<br />

43<br />

<strong>Petmin</strong> holds 50% of the Mt Ginka iron ore exploration licence in Liberia<br />

$2m investment in Iron Bird Resources – a joint venture with AIM-listed Hummingbird<br />

Aeromag survey shows continuous magnetic unit interpreted as iron formation<br />

20km long up to 250m wide and 1,000m deep<br />

Early samples range from 33-54% magnetite Fe<br />

Iron Bird fully funded for further exploration of ore body and economic potential<br />

Mt Ginka is 20km from a major iron ore mine which produced 12-24Mt pa of high grade ore<br />

from 1964 to 1989 – now reopened by Arcelor Mittal (BHP Billiton also nearby)<br />

15km from railway line to deep-water port of Buchanan<br />

…A STRONG …Committed PLATFORM to growth, FOR …exceeding dedicated FUTURE to expectations<br />

value GROWTH

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