Capability Statement

Ravensgate is a mining consulting company that provides trusted technical and independent expert advice to public and private mining and exploration companies, financial and legal institutions. An independent and privately owned business, Ravensgate has been providing services to its clients (large and small) since 1997.

We are committed to providing innovative and collaborative advice to realise the potential of our clients’ projects. Our clients know that they can always rely on the quality of our mining consulting services. Utilising our collective experience, Ravensgate is able to customise exploration and mining solutions to each clients’ requirements. Our services and our advice are tailored accordingly, to meet with the individual advantages and constraints of each geographical region.

At Ravensgate with our years of experience working in many different environs, we appreciate, understand and make it our business to learn differing regions cultural diversity, political background, sovereign risk, workforce and technical capability.

Overview Values

To be recognised by our clients as the most trusted and respected mining consultancy delivering independent expert advice and technical support.

Vision statement

IntegrityWe maintain our independence.

Pursuit of excellenceWe continually strive to exceed the expectations of our people and our clients.

TechnicalWe strive to maintain a high level of technical experience. Our people are leaders in their areas of expertise.

PersonalWe maintain a high level of personal service.

CollaborationWe work together to achieve collective and individual goals.

InnovativeWe strive to think outside the square to help realise the potential of our clients projects.

PassionOur energy and enthusiasm are contagious. We are inspired to make a lasting impact.

Ravensgate’s international team is comprised of independent specialists with mining related expertise across a broad range of disciplines. Our team have a wealth of technical expertise in all major mineral commodities gained from years of industry experience in Australia and internationally. Ravensgate’s international talent includes full-time and part-time personnel, contractors and associates who provide reliable valued advice to our clients.

At Ravensgate, our independent specialists can meet the requirements of a Competent / Qualified Person (JORC, VALMIN, NI43-101, AIM) to either prepare an independent report, or act on your behalf.

Our services include independent geological reports for stock exchange listings, various methods of technical valuations (exploration tenements and Mineral Resources) for mergers

and acquisitions (M&A) capital raisings or stamp duty disputes, feasibility studies; and due diligence / auditing studies. Ravensgate also offers board support at the technical level for M&A and potential project and non-core asset divestment; and can assist with the drafting of public company announcements for stock exchange releases within various mining jurisdictions.

Ravensgate routinely provides these services globally for Gold, Base Metals, Uranium, Coal, Iron Ore, Rare Earth Elements and Industrial Minerals, to a broad and diverse range of companies from junior explorers to international majors at all stages of the exploration and mining cycle, as well as to finance and legal groups, investment banks, private investors and government departments.

Our Team

Corporate ServicesValuations• Independent Technical and Market Valuations

• Exploration Areas through to Operating Mines

• Asset Impairments

• Stamp Duty Assessments

• VALMIN, CIMVAL, SAMVAL compliance

Corporate Advice • Board support and advisory

• Assistance with drafting public company announcements

• Merger and acquisition assistance

• Project prioritisation

• Divestment identification and assistance

Independent Reporting• Independent Geological Reports – IPO

• Independent Expert Reports

• Qualified and Competent Persons reporting

• Feasibility studies

• JORC, VALMIN, NI43-101, AIM compliance

Due Diligence• Company and Project audits and analysis

• Fatal flaw analysis

• Risk identification and mitigation

• Expert Witnesses for claims and disputes

• Acquisitions, disposals and debt funding

Ravensgate can provide appropriately experienced consultants that will collaborate and partner with your on-site and corporate management teams to provide a clear path to development for converting your Mineral Resource to a robust Ore Reserve in line with your corporate strategy.

From initial Scoping Studies and Canadian Preliminary Economic Assessments (PEA) through to Feasibility Studies, Ravensgate will provide the technical expertise to maximise the value of your

project by exploring cost reducing solutions to the proposed mining and processing methods in the safest manner. By identifying the key project drivers unique to your deposit, our consultants can optimise metal/commodity production, therefore increasing profitability and revenue streams, for both open pit and underground projects, through minimising ore loss with effective measures and controls.

Mining Engineering Services

• Mine design, optimisation, planning and scheduling

• Conversion of Mineral Resources to Ore Reserves

• JORC and NI43-101 compliant Ore Reserve classification and sign off

• Open pit and underground mine optimisation (operational and project level)

• Specifically focused technical studies (specific discipline and task focused)

• Reconciliations between Mineral Resources, Ore Reserves, mine and mill

• Project evaluation, due diligence and risk analysis

• Financial evaluation and modelling including cut-off grade determination

• Project development strategies

• Capital and operating cost evaluation and estimation

• Mine infrastructure studies, budgets and cost schedules

• Preparation of mining plans for regulator approvals

• Short, medium and long term planning

• Mineralogy studies and metallurgical test work

Valuations• Independent Technical and Market Valuations

• Exploration Areas through to Operating Mines

• Asset Impairments

• Stamp Duty Assessments

• VALMIN, CIMVAL, SAMVAL compliance

Resource ServicesUtilising industry best practice in the fields of QAQC, grade control, resource modelling and geostatistics, Ravensgate combines these core components with a sound geological understanding and interpretation by collaborating and partnering with your geological team, for the optimal classification of your Mineral Resource.

Ravensgate’s resource consultants draw upon a diverse range of expertise and experience in various

modelling techniques over a variety of deposit styles and commodities. This expertise coupled with a sound knowledge of mineral economics and optimal mining techniques will deliver a quality resource estimation for your project.

Ravensgate’s Mineral Resource estimations will deliver high technical quality with an independent compliance report, tailored to the requirements of your projects relevant industry code.

Resource Estimation and Block Modelling • JORC, SAMREC and NI43-101 compliance

reporting

• 3D geological and structural modelling and interpretation

• Mineral Resource modelling and block model validation

• Mineral Resource classification

• Mineral Resource auditing and technical reviews

Geostatistics• Data review – sample collection and drill spacing

• Variography

• Probabilistic simulations

• Non-linear estimation techniques

Database Management• Data collection review and audit

• Data capture and transformations

• Data integration

Grade Control System Implementation• System analysis, requirements and design

• Data review and audit

• Mine production reconciliation studies

Quality Assurance/Quality Control (QAQC) • QAQC audits

• Risk analysis

• Implementing best practice for future programs

Ravensgate’s highly experienced geologists can provide your company with expert geological consulting and exploration management, utilising industry best practice at every stage of the exploration cycle.

From rapid first-filter greenfields project analysis and due diligence through to target generation, project development and Resource / Reserve replacement at operating mines, Ravensgate can provide the assistance you need to acquire and

develop your project, to enhance your chances of discovery or optimise your operation.

Ravensgate’s client base spans the full spectrum of companies from junior explorers to international majors in geographically diverse regions, exploring for various commodities, from greenfields to brownfields levels. This diversity and experience enables Ravensgate to provide a unique service, tailored to the specific requirements your project needs to succeed.

Exploration Services

Project Evaluation and Generation• Desktop assessments, studies and expert

advice

• Rapid first-filter project analysis

• Target prioritisation / ranking and rating

• Commodity and regional assessments

Exploration Management • Greenfields and Brownfields program design,

planning and management

• Drill rig supervision – remote and near-mine

• Logging workflows and processes for optimum data capture

• Mapping: Regional to prospect scale - underground and open pit

• Project environmental rehabilitation reporting and monitoring

Training and Mentoring• Field safety / remote camp logistics

• Environment and social responsibility

• Cultural heritage issues

• Customised Standard Operating Procedures, implementation and training

Geological Interpretation• 3D geological modelling and domaining

• Structural and alteration interpretation

• Mineral inventory wire framing

Data Acquisition and Validation • Open file and historical data collation and

consolidation

• Public domain searches and data capture

• Drill hole and GIS database configuration and management

• Database migration

• Dataflow processes

• QAQC systems and monitoring

• Laboratory audit

Tenement Management• Programme of work preparation and

submission

• Minimum expenditure commitment planning

• Expenditure reporting

• Quarterly and Annual Technical Reports

There is no substitute for boots on the ground exploration, however pre-planning reconnaissance work complemented with GIS capability can streamline the time spent in the field and maximise the data collected upon return. The modern suite of GIS and spatial data available to projects has the potential not only to support early exploration programs, but also good decision-making throughout the entire mining life cycle through to mine rehabilitation.

Ravensgate’s capabilities include the conversion of data into global or regional projection systems including local grid systems, cartographical services, geological data capture, providing spatial solutions to geological problems, cultural heritage management and environmental auditing.

GIS Services

A well organised database is the foundation for an accurate geological understanding of your project. To maximise the value from your exploration programme, Ravensgate’s consultants can implement global and consistent industry best practices for undertaking the tasks required to create and manage a project database. Core components include logging / validation procedures and assurance of a secure database system, which is backed up with adequate documentation.

With the recent changes to the JORC Code and the information requirements from international codes such as NI43-101 and SAMREC, the

representivity of data and validation of database integrity has never been more important for the generation of your resource and reserve models. Projects lacking this essential information may be adversely affected throughout the life of the project, resulting in ongoing costs to rectify and establish the confidence required.

The Ravensgate team has the experience and skill to validate your geological database and to advise on any requirements needed in order to bring your database to the level where it can be utilised confidently knowing it fulfils code requirements and is a reliable asset for your company.

Database Management

Ravensgate can provide the appropriately skilled and experienced person to fill your company’s specific project and individual needs. Ravensgate’s team of professional contract personnel and associates are specially selected and come with the necessary equipment, hardware, software and support, to partner with

your company’s safety culture and corporate strategy.

Ravensgate does more than just fill a gap in our client’s mining and exploration programmes. Our contractors add genuine value to any project, providing cost effective and customised expertise on a contract basis.

Contract Personnel

8 Clive Street, West Perth, Western Australia 6005

T +61 8 9226 3606, F +61 8 9226 3607

E info@ravensgate.com.au ravensgate.com.au