AFRICAN BUREAU OF MINING CONSULTANTS INTRODUCTION & - PowerPoint PPT Presentation

AFRICAN BUREAU OF MINING CONSULTANTS

INTRODUCTION & Strategic Strategic T echnical Gold M&A Gold M&A RECENT MANDATES Advisory Advisory Assistance Mining sector Sale of Performance Renewables for Acquisition of development & Balandougou Management of Founded in 2018, ABM provides ¡ mines in West BIRIMGEX in value creation Gold Project in a Copper mine Africa Ivory Coast consultancy services to mining strategies Guinea in Morocco companies, mining investors and government agencies ; Due ABM generates value for its clients Strategic Due Due T echnical ¡ Diligence Advisory Diligence Diligence Assistance through in-depth reviews and evaluation of mining assets ; Multiple permits in Morocco, Research ABM Network gathers talented and ¡ Gold mine and Iron exploration Burkina Faso, Center for Iron ore mine in processing plant project in experienced professionals in the Mali, Côte Miners in Morocco (3 Mtpa) in Mali Morocco d’Ivoire and fields of exploration, mining, metallurgy, Morocco Guinea digitalization and economic evaluation.

KEY ATTRIBUTES AND STRENGHTS 01 02 03 04 05 FOCUSES ON VALUE COMBINES PERFECTED OFFERS A DELIVERS CREATION FOR INTERNATIONAL STRATEGIES TO COMPLETE RANGE FINANCING AND AFRICAN BASED QUALIFICATIONS REDUCE COST OF OF SERVICES FROM M&A SOLUTIONS ASSETS AND LOCAL DISCOVERY FOR RESOURCE KNOW-HOW PRECIOUS AND EXPLORATION TO BASE METALS MINE PRODUCTION

MANAGEMENT TEAM Talented & Qualified professionals focused on Africa MMC 2019 (Morocco) with Minister of Mines ¡ Ali SAQUAQUE PhD Exploration Consultant 35+ years of experience Expert in structural Geology, Exploration and Resource Estimate ¡ Ali Mlali MEng Maintenance Consultant 35+ years of experience Expert in Maintenance ¡ Yassine BELKABIR CEng, MIMMM Managing Director 11+ years of experience Expert in Financial Engineering, Economic Evaluation, Project management and Strategic Planning ¡ Bouchaib Semlali MSc, PEng, AusIMM Mining Consultant 25+ years of experience Copper flotation Expert in Mining and Mine planning plant Performance Gold Operation Due Diligence (2019) Review (2019) Specialized consultants in mining, metallurgy, environment can be made available upon request.

OUR PARTNERS ABM delivers top-notch services to African miners Airborne geophysical survey Qualified process engineers and metallurgical experts for larger-scale projects M.Plan is a joint venture company of Micon and ANZAPLAN that focuses on specialty minerals, battery minerals and rare metal Micon has provided consulting services to the world’s mining industry since 1988 Strategic Mine Planning software/expertise focused on maximising shareholder value/return Professional database for the management of tendering and M&A processes A sale/purchase platform dedicated to African miners delivering alternatives supply routes and strategies to minimize stocks and inventory holdings

John Cumming Chairman of Stellar AfricaGold said: “African Bureau of Mining Consultants and its founder ("ABM") of Casablanca, Morocco were instrumental in the transaction origination and are providing ongoing essential transaction facilitation services including structuring the transaction, inter- jurisdictional legal coordination, project technical consulting, and cross-cultural advice.” Vancouver, BC -TheNewswire - August 22, 2019 ¡ In December 2018, ABM completed a review of Balandougou gold project and gravity pilot plant in Guinea, owned by Stellar AfricaGold (Canada),TSX-V listed company. CASE STUDIES ¡ Since 2011, Stellar achieved excellent exploration results and discovered numerous gold prospects in the Balandougou property. However, the gravity plant showed poor performance compared to design parameters, Sale of Balandougou which resulted in the suspension of operations. Gold Project in Guinea ¡ In this context, ABM offered an alternate M&A solution to Stellar AfricaGold by searching for an experienced gold operator capable to complete the exploration works, revise the plant design and operate a small-scale gold operation.Acquisition was closed in October 2019.

Exploration & Resource Reserve & Mine planning Management of a drilling campaign, Performance Management Determination of technical Multi-element analysis, and economic parameters, Bloc model interpretation Organisation of operations, Pit optimisation and reserve and modelling, Installation of management estimate, reporting and performance Resource estimate, Mine equipment indicators, Limited metallurgical test- optimisation, work. Design of processing plant Mine planning. upgrade solutions, Sourcing of key personnel. ¡ In December 2019, ABM was solicited to complete an independent due diligence of a copper mine near Ouarzazate, Morocco. CASE STUDIES ¡ At first sight, it was very clear that mine/plant performance levels are well below industry standards ; however, the favorable geological context and our cost-effective exploration and production methods offered a unique opportunity to Performance Management significantly improve the overall business plan of the operation. Accordingly, the client solicited a full-service assistance from exploration to operation management. of a Copper Mine ¡ After a period of six months, the mine/plant performance has reached target performance (four folds improvement), as shown in the adjacent graph.

¡ In August 2019, ABM was solicited to identify training topics and research ideas to improve the conditions of small-scale miners in Morocco. CASE STUDIES ¡ In this occasion, ABM organized multiple visits to mining sites along the trajectory described in the adjacent map. All permit owners, artisanal miners and small-scale producers were very enthusiastic and contributed Training and Research numerous ideas for the future training and research center. In parallel, ABM completed a benchmark of training and research centers worldwide (see above) to determine best industry practices. Facility for Miners ¡ A final recommendation has been submitted to a government agency (IRESEN) and a presentation was made to the Ministry of Energy and Mines in Morocco.

SELECTED CLIENTS Mining companies, mining investors & government agencies

THANK YOU FOR YOUR ATTENTION HTTP://WWW.ABMININGCONSULTANTS.COM CONTACT@ABMININGCONSULTANTS.COM PHONE: +212 (0) 520 312 808 CASABLANCA, MOROCCO 2020