Prospecting Sea Concession 12B

Nisarox (Pty) Ltd is applying for a prospecting right with bulk sampling on Sea Concession 12 B to prospect for and remove and dispose of diamond (alluvial). The concession is situated off the Olifants River mouth and extends approximately 25 kilometres northward and two kilometres southward from the river mouth. The shoreward boundary of the concession is one kilometre from the shore, whereas the western boundary is defined by a straight line between two points situated 34.6 kilometres apart as 31 27' 18"S, 17 56' 37" E and 31 42' 37"S;18 09' 20ME, and which lie approximately five kilometres from the South African coast in the Western Cape Province.