Mineral resource for the Mphahlele Project – May 2007

Summary of the attributable mineral resource for Mphahlele Project – May 2007

Property	Tonnage ('000 tonnes)	Grade 3PGE + Au g/t	Max depth below surface (m)2	Metal ratio Pt:pd:Rh:Au (%)	Contained precious metals 3PGE + Au kg	oz (Troy)	Base metals
							Ni ppm	Cu ppm	Ni tonnes	Cu tonnes
				Inferred mineral resource
Mphahlele ¹	47,736	4.47	1000	51:37:7:4	213,940	6,867	1,624	949	77,530	45,300
Project Total	47,736	4.47	1000	51:37:7:4	213,940	6,867	1,624	949	77,530	45,300

¹	Platmin, as operator, currently has a 54.29% attributable interest in Mphahlele.
2	Vertical depth below surface.