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Exploration Programme

3245L is the first target for drilling

Area: Start date: Contractor:

Focus on 3km2 in the North East corner May 2011 Drilling contract executed with Aquaterra, the

Mozambican subsidiary of Geosearch Inc (South Africa), Africa’s largest exploration drilling company and part of the Sentula Mining group of companies

Permits:

Environmental approval granted by Department of the Environment for drilling

Programme:

2000m HQ diamond core drilling programme comprising 5 drill holes

Time Frame:

Completion by late 3Q or early 4Q

Project 1: 3245L Tete West

Figure 9: Target Area for Initial Drill Programme on License 3245L

Project 2: 3246L Muturara

  • Area:

  • Start date:

  • Programme:

Focus on 40km2 in north of license Expected late 3Q or early 4Q, depending on weather conditions 1000m HQ diamond core drilling programme comprising 1-2 drill holes before year end pending weather conditions. Continuation of drilling on 3246L in 2012

Image: Drilling Contract Signed with Agua Terra Lda

Mozambi Coal Limited

Investor Presentation May 2011

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