Geological Consultants Exploration Services Mineral Investment

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1 Geological Consultants Exploration Services Mineral Investment

2 Geology and Mining Technology About PT GMT Indonesia Company Background PT GMT Indonesia (GMT) is a PMA company formed in 2001 with the intention of providing high quality technical and statutory services, principally to the Indonesian minerals industry. This initial concept has been recently expanded to include a wider range of mining and mining investment services. However, the main focus of GMT remains in minerals and mineral investment. GMT is managed by an expatriate resident of Indonesia with over 15 years experience in project management and geological technical services, with more than ten years within Indonesia but also abroad. Coupled with this are experienced Indonesian consultants, associates and employees covering a wide range of exploration disciplines. The company maintains a series of affiliations with quality Indonesian based companies and acts as a referral service to other enterprises where services are incompatible with the GMT capability. Now employing more than 20 geologists in the fields of coal and hard rock exploration, GMT has the necessary back up to complete the tasks required in a time frame consistent with a dynamic exploration and mining industry. GMT is based in country, close to the location and up-to-date with the issues.. Indonesia provides a variety of prospective geological settings with deposits of gold, copper, base metals, diamonds, coal and many types of industrial minerals. GMT can assist in optimising your investment in Indonesia through careful planning and in-country knowledge. Project Generation and Acquisition Exploration Planning and Management Statutory Services and Troubleshooting Quality Indonesian Affiliations Extensive Indonesian Experience

3 Exploration Services Project generation and statutory acquisition Regional metallogenic appraisals and tectonic assessment Exploring for success Regional to local mapping, sampling and interpretation Property assessments and geological appraisals Prospect ranking and prioritisation Auditing exploration programmes Design of geological, geochemical, geophysical and drilling pro- grammes Identification of elements and media most suitable for geochemical explora- tion in tropical environments Geophysical programmes that give value for money Target mineralisation based on proven field models, alteration and structural vectors, knowledge of ore forming systems and data interpretation Selection of drilling methods, patterns and sampling strategies for JORC compliance Implementation of exploration programmes and total exploration pro- ject management Budgets and financial control systems for Asian conditions Exploration compliance with safety and environmental best practice Optimisation of exploration resources Statutory requirements of exploration, reporting and mining legisla- tion Tenement management Coal exploration in Kali- mantan, Indonesia

4 Protecting your investment Coal Precious Metals (Gold, Silver) Base Metals (Copper, Lead, Zinc, Tin, Nickel) Bulk Commodities (Aluminium, Iron Ore) Industrial Minerals (Zeolite, Clay, Dimension Stone, Silica Sand, Zircon) Gemstones (Diamond, Jade, Semi-Precious) Rare Earth and Platinum Group Metals Quality control and systematic auditing of GMT exploration activi- ties by senior staff ensure the right results are being reported to the client Indonesian conditions require In- donesian knowledge Looking to invest but unsure of the right steps. Indonesian Mining Company Services Company formations including PMA, PMDN and CV setups. All immigration requirements for foreign investors, employees and families. Corporate taxation advice, foreign investment procedures. Import and export requirements and masterlists. Mining permits, operating permits, environmental, K3 and B3 require- ments. Statutory troubleshooting. Regional reconnaissance and sampling, regional mapping, lithological and structural inter- pretations, alteration mapping Indonesian conditions require In- donesian skills Logistical support systems for remote exploration and development.

5 Related Services Advice on the effective implementation of exploration data systems Data capture and management Recording your results Geographic Information Systems Chain of custody reporting High quality data presentations, corporate reports, specialist maps and posters for promotions and publications Promotional materials and government presentations Statutory representations to government departments Mining services licences Statutory monthly, quarterly, annual, relin- quishment and extension reports Tenement application and follow-up

6 Cultural and Stakeholder Strategy Services Ensuring your future Development of stakeholder strategies in community liaison, land management, government relations and security for both exploration and development Stakeholder communication advice, methods and audits specific for the mining industry in Indonesia Licencing and approvals for development and production Coordination services for AMDAL studies Feasibility study management and coordination Operating licence, transport licence, marketing licence, export licence, explosives permits, fuel allo- cations, communications permits Krisjna Alimoeddin, a geologist by training with a wide range of experience in land management, community liaison and government relations. Krisjna s focus is on the statutory side of the mining industry where licencing and permits remain an important facet of working within Indonesia. A lack of knowledge in dealing with the government agencies can often lead to wasted resources and time. GMT can assist in resolving statutory issues related to investment and mining and can provide sound knowledge regarding community and land issues that may affect the development of a project.

7 Work History Completed Projects Resume of GMT Indonesia PT Indo Muro Kencana, Geological closure reporting Compilation of a fully validated and documented series of geological reports on the Mount Muro CoW and archiving of geological materials including reports, exploration data, representative rock and core samples and digital databases. The work was concluded with the presentation of more than 100 volumes documenting the geology and mineralisation at Mount Muro and the complete exploration works completed to that time. The digital database contained all sampling and drilling information from 1985 onwards, validated and entered into the Arcview GIS system, Micromine project files and Access databases for searching. PT Indo Muro Kencana, Pit closure and environmental database reporting Compilation of a fully validated and documented EQWin environmental database for the Mount Muro CoW mine closure process. Validation, template and report set up on the EQWin environmental management system. Compilation and validation of the Mount Muro open pit closure reports. PT Indo Muro Kencana, Owner's representation Provided site representation management services to the owner of the Mount Muro operations during an option period by a potential buyer of the project. Ensured the management and status of the project was maintained, completion of mine closure environmental works, provision of IT services and provision of logistical support services. PT Indo Muro Kencana, Project management Provided site project management services to the owner of the Mount Muro operations. Ensured the management and status of the project was maintained, maintenance of environmental monitoring, financial systems and controls, logistical support and supply, maintenance management, statutory and community issue resolution, security control and strategy and exploration support services. Successfully initiated new exploration programmes in the western areas, exploration team formation and procedural implementation, support and supply for remote operations. Maintenance of corporate communications requirements. PT Indo Muro Kencana, Feasibility Study, Mount Muro Gold Mine Compilation and coordination of information services for the completion of the Phase II Production feasibility Study for the Mount Muro Gold Mine. Presentation to the Mines Department of the feasibility study and follow up on the review phase. This project has been finalised with the successful issuance of a permanent operating licence for the project. The project is a multi-pit operation in Central Kalimantan and the feasibility study covered all aspects of the operation including resources, reserves, metallurgy, processing, environment, support services, infrastructure, project implementation, manning and finances. Archipelago Resources plc, Project generation Search and compile suitable geological areas and potential projects for acquisition or joint venture throughout Indonesia. Data compilation and GIS development, company formation. Asia Gold Corp, Project generation and statutory due diligence, legal setup Search and compile suitable geological areas and potential projects for acquisition or joint venture throughout Indonesia. Statutory checks on tenement status and joint venture documentation. Formulation of management services agreements and entry requirements into Indonesia.

8 Other Short Term Assignments Completed ( ) Resume of GMT Indonesia Geological Appraisal, Coal tenements in Kutai Barat, East Kalimantan. Geological Appraisal, Gold project, East Kalimantan. For use with a TSX document. Geological Appraisal, Coal tenements in Central and South Kalimantan. Geological Appraisal, Iron ore tenements in South Kalimantan. Geological Appraisal, Coal tenements in West Sumatra, Sumatra. Geological Appraisal, Iron ore tenements in Solok, Sumatra. Geological Appraisal, Gold-copper tenement in Tana Toraja, Sulewasi Tenement Appraisal, Gold tenements in Halmahera Tenement and Geological Appraisal, Gold project on Sumba Island Geological Appraisal, Gold project in West Java Geological Appraisal, Gold concessions in East Nusa Tengara Geological Appraisal and Risk Advice, Proposed coal tenement in Balikpapan Geological Appraisal, Zircon mineral sands in West Kalimantan Indonesian Contract of Work compilation study : Where are the clean tenements? Appraisal on legalising entry into an Indonesian KP tenement Briefing paper on Indonesian opportunities and pitfalls West Kalimantan Metallogenic Map compilation and standardisation for GIS evaluation Geological Appraisal, KSM coal tenements in Kutai Katenegara, East Kalimantan Geological Appraisal, Coking coal tenements in Kutai Katenegara, East Kalimantan Geological Appraisal, Iron ore tenements in Pasaman Barat, Sumatra Geological Appraisal, Iron sands potential in East Java Commodity Compilation, Mineral Potential of Indonesia Geological Compilation, Gold prospect in East Kalimantan Ongoing Assignments Exploration programme management and technical services, Sendawar Coal Project, PT Indonesia Coal Development Exploration programme management and technical services, Sumatera Iron Project, PT Sumatera Ina Minerindo Technical advice, Jelai-Mewet epithermal gold project, Kalimantan Gold Corp Project supervision CIGIS Indonesian National Geographic Information System, data verification and analysis Exploration programme management and technical services, Aquarian Coal, Sumatera Riau Coal Resources Present Client Base Churchill Resources plc Kalimantan Gold Corp Aquarian Coal PT Indonesia Coal Development PT Sumatera Ina Minerindo PT Sumatera Riau Coal Resources PT Indo Prima Mineral PT Werian Waibi Resources PT Werian Marau Resources PT Batutua Tembaga Raya PT Batutua Lampung Elok PT Simapertama Minerindo PT Sabang Marauke Mining Past Clients Archipelago Resources plc Asia Gold Corp PT Indo Muro Kencana

9 Brett Gunter (left on left) Supporting your ventures Krisjna Alimoeddin (right on right) Consultant, Exploration/Statutory, PT GMT Indonesia, has more than 15 years experience in the exploration industry within Indonesia including metals and bulk commodity exploration. Krisjna has an excellent knowledge of minerals law, land management systems, government relations and community development requirements. John Moore (right on right) Consultant, Project Management, PT GMT Indonesia, is an engineer with more than 20 years experience within Indonesia in various project management roles. Specialising in management and quality control for operational systems and infrastructure design, John assists in the effective management of company resources during exploration President Director/Principal Consultant, PT GMT Indonesia, has more than 15 years experience in the exploration industry within Indonesia and abroad. A broad experience in project and exploration management in Indonesia. Specialising in metalliferous exploration and mining and a strong background in bulk minerals and industrial commodities. Mulyanto (left) Financial Controller, PT GMT Indonesia, is an accountant with more than 15 years experience in financial administration and control in some major Indonesian multi-national companies. He is responsible for project financial control and auditing, particularly for GMT managed exploration programmes. Abdi Dame Harahap (above in centre) Supervisor GIS systems, PT GMT Indonesia, a geopgrapher with more than 5 years of GIS experience in land use management and map compilation for private and government departments. Abdi controls the important function of GMT GIS services and support for field operations.

10 Contacting GMT Indonesia PT GMT Indonesia Jl. TB Simatupang Kav. 1S, Second Floor Cilandak Timur, Jakarta Selatan Indonesia, Telephone : (Hunting) Facsimile : Website : info@gmtindonesia.com brett.gunter@gmtindonesia.com krisjna.alimoeddin@gmtindonesia.com

11 Legalities of GMT Indonesia Legal Data Company : PT GMT Indonesia Domicile : Jl. TB Simatupang Kav. 1S, Second Floor Cilandak Timur, Jakarta Selatan Indonesia, NPWP : Pengesahan Kehakiman : C HT TH.2002 DSDM Registration : 984.K / / DPM / 2005 Legal Advisors : Sondang Tampubolon & Partners

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