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Brikor Ltd.

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Summary

Project:

Rayton

Deposit:Rayton
Location:South Africa
Commodities:Clay
Date:8/29/2016
Report Code:SAMREC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:29-8-2016: Brikor Ltd. announces a Resource Estimation report for its Rayton deposit at the Rayton project. Independent Competent Person's report on project. Minxcon (Pty) Ltd (“Minxcon”) was commissioned by Brikor Limited (“Brikor”, “the Company” or “the
Resources:
CP/QP:[Resources]: Uwe Engelmann (Minxcon Pty Ltd.)
ABSTRACT:Minxcon (Pty) Ltd (“Minxcon”) was commissioned by Brikor Limited (“Brikor”, “the Company” or “the Client”) to complete a compliant Independent Competent Person’s Report (“CPR” or the “Report”) with a full mineral asset valuation on the Brikor clay, aggregate and coal projects (collectively the “Projects”) as follows, located in the Gauteng Province, South Africa. The Report was commissioned in order to comply with regulations of the Johannesburg Stock Exchange (“JSE”). The Report has been compiled in compliance with the South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (2007 Edition, as amended July 2009) (“SAMREC Code”), and in terms of the specifications embodied in the Standards of the South African Code for the Reporting of Mineral Asset Valuation (2008 Edition, as amended July 2009) (“SAMVAL Code”). All requirements of the JSE Section 12 Listing Requirements, the SAMREC Code and SAMVAL Code have been complied with. The Report has an effective date of 30 April 2016. The Competent Person deems this summary to be a true and accurate reflection of the full CPR.

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