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AMR is looking to expand it’s mining & bedrock exploration

AMR is looking to expand it’s mining & bedrock exploration activities in it’s gold and kimberlite projects. “We are sitting on a gold bed almost in the whole country but we have not yet engaged in commercial gold operations” - President Koroma, March 2008.

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AMR is looking to expand it’s mining & bedrock exploration

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  1. AMR is looking to expand it’s mining & bedrock exploration activities in it’s gold and kimberlite projects. “We are sitting on a gold bed almost in the whole country but we have not yet engaged in commercial gold operations” - President Koroma, March 2008

  2. “AMR’s exceptional local relationships underpin successful acquisition of prospective licences and mining rights” Who are we Company with extensive experience working in Sierra Leone. The team is comprised of experienced management, exploration and mining staff that has achieved rapid progress of it’s projects.

  3. About the company AMR is a private company owns by Mr. Berzon Yehuda, Gmul investment Company and Mr. Raphael Israel. • Avivit Minerals Company Ltd (AMR) is highly experienced gold, platinum and diamonds exploration and mining company focused on Sierra Leone. • The principals of AMR started operations in the mineral industry of Sierra Leone in 2004. • AMR Incorporated: March 13, 2007 • AMR holds six exploration licenses (EXPL) covering a total of 3000 km². • AMR is registered by the Mines Division of the Ministry of Mineral Resources of Sierra Leone (‘MMR’) as a company entitled to mine anywhere in Sierra Leone. This entitles AMR to mine for all minerals on areas up to 103 acres at any given time in each concession, and hasten the necessary land access agreements with the relevant local chiefdoms. • AMR operates two industrial bulk sampling operations (one gold and one gold and diamond). Nimikuro diamond mine Loko group gold mine

  4. MINERAL PROJECT TENURE

  5. Kate Gold project. Kadabi Hills primary Gold source Kabala gold project Laminaya gold mine Kimberlite project. Nimikuro diamonds & gold mine Bambaya & Sowadu alluvial diamonds project. Gori Hills primary Gold source project Freetown primary Platinum source project “Sierra Leone remains one of the least exploited regions for gold in Africa” - Mining Journal

  6. Corporate strategy Nimikuro diamond & gold mine • AMR's strategy is to use its licenses and experienced management team in Sierra Leone and internationally to develop Sierra Leone's bedrock minerals potential via a modern systematic exploration and mining program. • AMR will maximize the overall return to its shareholders by finding, mining and processing mineral resources. • AMR believes that it is in the company’s interest to develop it’s gold target areas. • AMR will focus on: • Being a diversified minerals producer. • Operates it’s own mines. • Increase the company mining efforts. • Develop a highly experienced local management team; and • Cooperate with mining companies in other proven bedrock and bedrock reserves. Nimikuro diamond & gold mine

  7. What we are offering • Partnership in specific projects or in the main company (IPO plans). • Proven and attractive 2000 km² gold projects. • Two industrial gold and diamond mines which will produce income to the company. • Two proven and attractive kimberlite dykes projects. • Full scale mining equipment. • Experience exploration and management team. • Partnerships with local chiefdoms. • Strong working relationship with important officials. Laminaya gold mine Nimikuro diamond mine

  8. AMR strategy and work plans: Blue=already done, Black=Immediate plans. Budget • Having diversified licenses. • Having proven gold and diamonds deposits. • Locating new kimberkite system. • Increase licenses size (From 55km² to 2500km²). • Operating two diamonds and gold mines to prove Investigations results. • Locate and employ professional management team. • Acquiring full scale gold mine equipment. ($1m) $3,000,000 (co) 2007-2008 Phase 1 (Done) $1,000,000 (co) • Medium scale alluvial gold mine. 2009 Phase 2( Done) • Medium scale diamonds mine. • Finding location of the source of laminaya gold. • Investigations of the proven bedrock gold deposits. $7,000,000 (pp) Phase 3 • Full scale gold mines (Alluvial & bedrock). 2009-2010 • Selling part of the company to the investor. • Having JORC standard reserves. • Raise funds by listing to develop bedrock gold and platinum mines and a kimberlite diamonds mine. Phase 4 2010-2011

  9. Management Team Raphael Israel: Founding Ex Chairman. B.A, Raphael Israel is one of the leading business men operating in Sierra Leone with more then 16 years of experience in West Africa. Raphael Israel started his Business activities in Guinea with particular focus in trade and mining. Since 2002 Raphael is operating in Sierra Leone focusing in mining, trade, hotels, real estate and more. Raphael established Avivit Minerals Company ltd (AMR) in 2006 and now operates as its C.E.O. Shraga Israel: Founding Deputy Ex Chairman. M.Sc. Finance. Established AMR strategic plans since 2005. Active in West Africa since 2000. Since 2002 Shraga is operating in Sierra Leone focusing in mining, trade, hotels, real estate and more. Deputy CEO of AMR since 2004. Sales manager of the company's minerals activities in Guinea and Sierra Leone. Established Belgian products marketing company in Israel.    Prof. Victor Strasser-King: Partner, Non Ex Chairman & Chief Geologist. PH.D (Manchester), C. Eng (Council of Engineering Institution of UK), C. Geol (Council of Geological Society of London), Inst. MM (Inst. Of Mining and Metallurgy), FGS (Geological Society of London), FRC (Univ. Research Council). twenty five years of University teaching in the UK (University of Manchester), USA (Pennsylvania State University as Fulbright Professor), Sierra Leone. Previous work with  the National Diamond Mining Company (Sierra Leone Kreiger/Areacca Minerals (USA) SITRACO (SL Ltd) Sunshine Boulle Mining (USA) Peninsula Mining and General Services Ltd. (SL) African American Cooperation, (USA) Oranto Petroleum (Sierra Leone). Mohamed Bundu Mansaray: CEO Retired Director of the Geological survey Division of SL. Head of greenstones belts explorations for gold, bauxite, nickel, cobalt, lead & zinc. Head of SL geological mapping, mineral exploration, Issue & supervise prospecting, exploration & mining licenses. B.SC (Hons) Geolog.y. 

  10. Strengths • AMR believes that Sierra Leone is a mineral rich country, largely unexplored. • The company has established strong links at local various chiefdoms and at a national level. • AMR has title to a number of prospective areas in Sierra Leone for gold, platinum and diamonds which are being explored and developed. • AMR has extensive experience of working in Sierra Leone and has put together a local team of experienced management, exploration and mining staff. This has allowed the company to make rapid progress in advancement of several of the projects under its control. • AMR acquire, investigate and locate some of the prospective areas in Sierra Leone for bedrock and alluvial gold and kimberlite diamonds. • AMR operates two new mines: A gold mine in Laminaya which show average grade of 2.2gr/ton and and a diamonds and gold mine in Nimikuro which show average grade of 1gr/ton for gold and 0.3ct/ton for diamonds. • AMR recently commenced exploration for kimberlite-hosted diamonds and quickly located a two kimberlite • dykes the Fiama EXPL. 6.2t of decomposed dyke material/alluvium from the first 900 meter of the exposed • dyke was processed. Results demonstrate that the dyke is, indeed, diamondiferous. In total 27 stoneswere • recovered, including six of gem quality, up to a maximum weight of 2.02ct value $440/ct.  • AMR is negotiating for 2000 KM² of gold license with proven bedrock and alluvial gold deposit. The deposit • consider to be the source of most of the known gold in Sierra Leone.

  11. Sierra Leone: A New Era of Progress Politics Sierra Leone at a glance” • Peace Accord signed in 2002. UN peacekeeping presence fully wound down in December 2005. • Vibrant democracy with President Koroma having been elected in 2007 in ‘free and fair’ election. • Local government outside Freetown is headed by 12 paramount chiefs. • The UK Government, The EU, World Bank are all committed to long term support of the Government and the democratic process. British IMATT and DFID mandates run to 2012 Population: 6.3 million Area 72,000km2 Capital: Freetown (1.2m pop.) GDP: $4bn (2007 est.) GDP per capita:$600 (2007 est.) Real GDP Growth: 7.0% (2007 est) Inflation: 11.0% (2007 est) Official language: English. International memberships: UN, AU (African Union), Commonwealth Economic Community of West African States (ECOWAS), African Devlopment Bank (AFDB), Mano River Union Economy • The country’s main economic sectors include mining, agriculture and fisheries. • Grid electricity is unreliable, but new hydroelectric projects underway. • Mobile phone coverage in most population centres and main roads. • Plans to enter single currency in 2010 with ECOWAS countries – convergence criteria such as budget deficit and taxation limits may bring better governance. Legal • Legal System: Mixed (Common Law / Customary Law). • Independent judiciary and constitutional law. Mining laws: • Exploration licence: exclusive prospecting, usually issued for three years, with two possible renewals for two years each, although area reduced by 50% on each renewal. • Mining lease – mining operations for up to 25 years. • Artisanal mining licence – up to 10 hectares for three yrs with renewal possible. • Small scale mining – total operations of up to 103 acres for three years with renewal possible. • In addition, production sharing agreement (usually on 70/30) required with local Chiefdoms.

  12. Sierra Leone: A New Era of Progress • Legal System: Mixed (Common Law / Customary Law). • Independent judiciary and constitutional law. Mining laws: • Exploration licence: exclusive prospecting, usually issued for three years, with two possible renewals for two years each, although area reduced by 50% on each renewal. • Mining license – mining operations for up to 25yrs. • Artisanal mining licence – up to 10 hectares for three years with renewal possible. • Small scale mining – total operations of up to 103 acres for three years with renewal possible. • In addition, production sharing agreement (usually on 70/30) required with local Chiefdoms. Risk • Sierra Leone has known many years of civil wars and uprisings since it became an independent nation on April 27, 1961. • We think Sierra Leone is entering a new era of political stability. • We are excited to participate in the rebuilding of this extraordinary beautiful country. Advantage The local government system is based on chieftaincies and patrilineal descent. A good working relationship at local level is essential for the smooth running of exploration and mining projects. The company has established particularly strong links with local chiefdoms and at national level.

  13. Gold occurrence • Greenstone belts in Sierra Leone are known to contain gold, Rivers and streams draining these areas may also carry alluvial gold.   • Alluvial gold was first discovered in Sierra Leone in 1926 in the northern Sierra Leone and several alluvial deposits were worked on a small to medium scale. • Later systematic mapping and prospecting activities by the “Government Geological Survey” established the existence of gold in the following localities within the granite-greenstone terrain of Sierra Leone: 1. The Sula Mountains area including Lake Sonfon, Maranda and Yirisen. 2. The Kangari Hills area especially Baomahun, Makong and Makele. 3. The Nimini Hills. (AMR) 4. The Loko Group belt in the Kamakwie-Laminaia area, northern Sierra Leone. (AMR) 5. The Gori Hills in eastern Sierra Leone. (AMR) • AMR acquire full scale gold mine equipment worth $1m including: 40t/h washing plant, 2 excavators, 3 trucks, 2 loaders, D6, generators and more.

  14. Gold introduction • AMR's work to date has concentrated at the Kambala 2000 km² area and at the Loko Group greenstone belt area. • At the Loko group a number of discrete greenstone belt outliers are mapped, many of which appear to have a direct relationship to known alluvial gold deposits. • In 2007/08 AMR completed a program of systematic exploration pitting, trenching & bulk sampling at the gold licenses. • The exploration program shows multiple bedrock locations as well as indicated and inferred alluvial gold deposits. • At the beginning of 2009 AMR started to operate small scale gold mine at the Loko group which shows grade of more then 2.2g/ton. Loko group gold mine Gold resource summery: Indicated: 93,000 oz. Inferred: 591,311 oz. Estimated: 1,545,890 oz. ---------------- Total: 2,230,201 ct.

  15. Sando Loko gold Laminaia right Muhindi exploration Laminaia right Nerehun left Bulk sampling & exploration Primary source located

  16. Diamond occurrence • The Sierra Leone's diamond fields are concentrated in Kono (Koidu), Kenema and Bo Districts and are mainly situated in the drainage areas of the Sewa, Bafi, Woa, Mano and Moa Rivers. • Diamondiferous Kimberlite dykes and pipes occur in Koidu, Tongo, Fiama (a resent AMR discovery) and Nimikuro (AMR area). • In AMR's licenses significant historical diamonds discoveries were made , including stones of 74ct, 42,ct, blue and red diamonds and 152.6ct worth US$4m which is one of the largest ever found in Sierrn Leone. • Petra Diamonds and Stellar Diamonds recently reported over their kimberlite dykes investigations trial mining is now in progress, with 1200ct being produced at grades of 0.66-0.75ct/t.   • Diamondiferous kimberlite dykes and pipes of Mesozoic age, trending 070°-074°, occur in the east of the country, at Koidu, Tongo and Fiama (a recent AMR discovery), and new discoveries of narrow northwest- trending dykes are reported from the north and west of the country. Nimikuro diamonds mine Nimikuro diamonds mine Nimikuro diamonds mine New kimberlite findings Nimikuro diamonds mine

  17. Diamonds introduction • Medium scale gold and diamond mine in Nimikuro. One of the most productive area in Sierra Leone for gold and diamonds. • AMR located two Kimberlite dykes in new and unknown diamonds locations in width of more than 1 meter. • Excavation by AMR was carried out on the dykes at four locations to depths of 7-8.5 meter covering about 900m of strike. • The dyke is an extension of one of the six known Kono kimberlite dykes. The findings prove that all kono dykes and pipes extend into north Fiama. • Primarily results from the dyke shows grade of 3.05ct/t with value of $440/ct and points to commercial potential. • 6.2t of decomposed dyke material/alluvium from the first three trenches was processed. Results demonstrate that the dyke is, indeed, diamondiferous. In total 27 stones were recovered, including six of gem quality, up to a maximum weight of 2.02ct. • Development of kimberlite pipes of significant size at Fiama is also possible, given that such pipes have been located and mined along strike to the southwest. • AMR believes that the north Fiama concession contains six kimberlite dykes and undiscovered pipes.. • AMR believes that the Nimikuro concession contains 4 kimberlite dykes and undiscovered pipes. Kimberlite operation Investigations

  18. Nimikuro mine Diamonds resource summery: Bambaya: 363,811 ct. Sowadu: 268,953 ct. Kathumpe: 82,500 ct. Nimikuro: 250,000 ct. ---------------- Total: 965,264 ct.

  19. Kimberlite License map

  20. Platinum introduction • AMR holds an exploration license (EXPL) covering a 9.98km2 area in the northeast of the Peninsula mountain range. • The mountains in the southwest of the EXPL contains the hard rock deposits. • Investigation in the early 1990s by Peninsula Mining and General Services Ltd included closely spaced rock chip sampling along cut lines and river courses perpendicular to the strike of the rocks. • Samples were sent to Lakefield Research of Canada where they were assayed for Au, Pt and Pd. A total of 166 rocks were analyzed out of which 65 contained less than the detection limit of 20ppb for each element. • 101 rocks show measurable amounts of precious metals ranging up to 530ppb Pt, 110ppb Pd and130ppb Au. • The Pt and Pd anomalies lie close to each other but slightly separate. Pt/Pd ratios are reported to average 5.5 within the main mineralized zone, which is unusually high by world standards (the Pt/Pd ration in the Bushveld Complex in South Africa averages 1.2-1.3). Gold appears to be structurally controlled. • Licence contains Platinum Group Metals and gold.

  21. Social responsibility AMR developed a social responsibility program within Sierra Leone to support AMR's partner's communities in the Company's areas of operation. AMR is the largest private sector employers in Sella Limba and Fiama Chiefdoms Sierra Leone. The Company supported the following local community initiatives and programs during 2007-2008: • Building and maintaining roads serving Fiama and Sella Limba communities. • Developing the educational sector in remote areas of the country. • Establishing two computers schools at Fiama and Sella Limba chiefdoms. • Utilize local labor and expertise to the maximum degree possible as a means to social development and in the interest of good working relationships. • Providing aid to poor villages by supplying rise.

  22. Shraga Israel Deputy Chairman 972-544599501 s.israel@amrsl.com For more information see www.amrsl.com

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