Introduction

Kongba Community Gold Mines Limited, incorporated on August 25, 1987, is a gold and diamond-mining and exploration company. The Company has operations in Liberia and Sierra Leone. In Sierra Leone the Company铆s operations are focused on Mining, as well as the ore. Kongba Community Gold Mines Limited operates nine underground mines in Liberia, one open-pit mine and several surface operations. These operations include the Hidden Valley open-pit gold and silver mine, the Gbarpolu project and significant exploration tenements. In addition to its joint venture work, Kongba Community also has a 100%-owned exploration portfolio that focuses on prospective areas in Liberia. The Gbarpolu project is a differentiating feature for Kongba. This project is one of the gold, diamond porphyries in Liberia with an expected life-span of approximately 40 years. It has a diameter of approximately 600 meters and a proven depth of approximately 1,700 meters.

The Company铆s exploration programmed is focused in Liberia and Sierra Leone. Its exploration strategy targets significant prospective geological regions in these countries to discover gold, diamond, gold ore bodies. An aim of this strategy is to create an exploration portfolio that includes several Communities exploration. Gbarpolu District exploration allows it to maximize value from existing infrastructure by developing mineral districts that sustain its operations. Kongba exploration, on the other hand, allows it to create opportunities in under-explored mineral provinces and emerging gold districts.

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Gold