Ratel Group Presentation - March 2011.pdf

1 RATEL GROUP LIMITED CORPORATE PRESENTATION – JANUARY 2011 2 RATEL GROUP Same team that executed on CGA CGA started with a shell worth only A$2.5M and no other assets CGA current market cap US$1 Billion 3 Extensive development and operating experience in Africa Acquired, developed and operated: ? 125,000oz pa Obotan mine – Ghana, and ? 170,000oz pa Golden Pride mine – First major gold mine in Tanzania MANAGEMENT TEAM – AFRICAN TRACK RECORD 4 CAPITAL STRUCTURE Shares CGA 19% 28.7M C10c C$2.9M Other Shareholders 81% 121.3M C10c C$12.1M 100% 150.0M C10c C$15.0M Options Standard Employee Option Plan 12M options at C$0.25 – 2 year term. 5 SUBSTANTIAL SHAREHOLDERS CGA Mining Limited 28.7M 19.1% Hains Family Interests 28.3M 18.8% Mark Savage 10.3M 6.9% 44.8% 6 ASSETS Cash – C$10M Mkushi, Zambia – 51% Interest Segilola, Nigeria – Earning a 51% interest Obuasi JV, Ghana – 51% interest. 7 MKUSHI COPPER PROJECT CGA - 51% African Eagle – 49% Brownfield’s copper mine Operated from 1920’s to 1970’s Further drilling and optimization study Indicated Resources of 31.6mt of 0.63% Cu (200, 738t Cu) Simple floatation recovery of 94% + Yields at 30% Cu concentrate – very clean Intercepts include: 50m @ 1.96% Cu 33m @ 2.10% Cu 10m @ 4.05% Cu 31m @ 2.13% Cu including 2m @ 16.34% Cu 37m @ 2.42% Cu including 6m @ 8.9% Cu 8 SEGILOLA GOLD PROJECT Most advanced gold project in Nigeria CGA earning a 51% interest JV Partner is Tropical Mines Limited Drilling - over 11,000m diamond core now completed Strike length increased to over 1,500m NI 43-101 released Maiden total resource of 620,000 ounces At a 3.0g/t cut off 500,000 ozs @ 6.77g/t Follow up drilling program planned. Simple recovery tests show 95%+ Au recovery