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License 3246L Muturara

Location

  • 45km South East of the Moatize Coal Mining Camp (Vale). The

refurbished Moatize-Beira railway line passes 12km to the East

Coal Potential

  • 40km2 of Upper Karoo formation sediments and volcanics that potentially overlie the Matinde Formation and Productive Coal Series of the Lower Karoo

Local Geology

  • Measured dips near the railway line and dips on the road approaching the northern boundary indicate that coal measures may extend to as deep as 1,000 metres beneath the surface

  • The thickness of these units is unknown. Field observations indicated a horizontal to very gentle south-westerly dip of massive outcropping coarse grained sandstone. The depth of the Productive Coal Series is estimated to be approximately 400-600m

TARGET MINERALISATION: 2.88 3.60 Bt*

The 40km2 area could be underlain by Productive Series coal bearing strata with potential to host 1.8Mt per km2 per 1m thickness of coal. The Target Mineralisation is represented if the main lower 40-50m thickness of coal measures is present.

  • *

    This Target Mineralisation estimate is conceptual in nature as there has been insufficient exploration to define a mineral resource under JORC Code guidelines and it is uncertain whether further exploration will result in the determination of a mineral resource. This conceptual target may or may not be outlined with future work, either in whole or in part.

Mozambi Coal Limited

Investor Presentation May 2011

Figure 7: Landsat Image of License 3246L

Figure 8: Geological Map of 3246L

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