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Annual Report 2005

The Company jointly with it’s in country partner Groupe Orgaman has entered into an agreement to acquire equity in Societe Miniere de Kabolela et de Kipese (SMKK) a Congolese registered Company which has title to two concessions, the Kabolela (Copper-Cobalt), and the Kipese (Gold Palladium and Cobalt) which are located in the Zambia-Congo copper belt of the Katanga Province in the southern portion of the Democratic Republic of the Congo (DRC).

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