Savannah Corporate Presentation May 2016

PLANNED DRILLING PROGRAMME

Mahab 4 Mahab 4 has a current Indicated and Inferred Mineral Resource of 1.53Mt at a grade of 2.1% copper (‘Cu’). Nine diamond core holes have been proposed for approximately 900m targeting infill drilling in areas of limited data within the high grade sulphide zone. This drilling will be completed in two parts. Part A will be 450m and will target the areas for the collection of metallurgical samples and resource definition. Part B will include an additional 450m targeting further upgrades and expansions of the resource, based on the results of the Part A drilling.

All of these holes are currently planned to target the massive sulphide portion of the resource (Figure 2).

Figure 2. Mahab 4 – Vertical Longitudinal Projection (Looking West)

B5MB4D084A 36.5m @ 3.15% Cu

GRB5D030 22.5 m @ 4.11% Cu

N

B5MB4D064 30.9m @ 6.09% Cu

B5MB4D097 18.5m @ 5.25% Cu

B5MB4D066 4.9m @ 15.94% Cu

Surface

15B5DD005 6.6m @ 6.92% Cu

B5MB4D070 24.04m @ 6.3% Cu

B5MB4D093 12.7m @ 5.03% Cu

200mRL

GRB5D035 51.6m @ 5.17% Cu

Massive Sulphide

B5MB4D059 9.54m @ 7.1% Cu

B5MB4D01 17.45m @ 5.2% Cu

B5MB4D074 35.1m @ 4.82% Cu

150mRL

B5MB4D088 6.0m @ 6.1% Cu

GRB5D020 18.2 m @ 6.37% Cu

B5MB4D067 6.75m @ 3.68% Cu

GRB5D035 51.6m @ 5.17% Cu

Disseminated Sulphide

GRB5D032 20.3 m @ 5.79% Cu

GRB5D047 20.4m @ 5.49% Cu

100mRL

Mineralised Intercepts

>5% Cu 3-5% Cu 1-3% Cu

B5MB4D075 5.3m 7.84% Cu

GRB5D042 10.2m @ 5.3% Cu

0.5-1% Cu 0-0.5% Cu

B5MB4D083 40.9m @ 3.81% Cu

Planned Holes

Metres

Mahab 4 – Vertical Longitudinal Projection (Looking West)

50mRL

0

100

50

Maqail South Maqail South has an Inferred Mineral Resource of 0.16Mt at a grade of 3.8% Cu, which was been defined by five holes completed by Gentor Resources. To allow this mineralisation to be used in a Reserve estimate, its classification has to be improved to a minimum of Indicated Classification through closer spaced drill holes. Seven diamond holes for 550m are proposed (Figure 3) to infill the resource to a hole spacing of 25m centres which will allow for an Indicated Resource Classification and to continue exploration to the west where the resource remains open.

Figure 3. Maqail South – Longitudinal Project (Plan View)

3