Turgis - Mining Consultants

4th October 2009

We have weathered the world downturn very well. In fact at the moment we are as busy as we where at the height of the resource 'super-cyle' after having a few months in the middle of the year catching a breather (not quite back to non hyperventilating levels maybe). In addition to a number of on-going due diligences and IER's, on-going detailed design work and project management for Areva and GBG, we are currently leading study work (ranging from concept to full feasibility) for the following projects:

We are also involved in a number of technical reviews and design studies for the following:

It is gratifying to see how our process, environmental and logistical support skills base has grown to become what is now an essential part of our core business, together with the more traditional mining and engineering disciplines. We are also increasing our profile into the diamond industry with now a significant number of our staff with considerable experience in that industry.

Next year is looking promising with a steady flow of enquiries and a number of significant proposals in the pipe line. Looking forward, we are working together with our corporate owners (DHV of the Netherlands) in providing mining consulting services to the east Asian region focused initially on Indonesia and surrounding areas but, with time, expanding into India and China.

Please feel free to contact me if you require any assistance.

Patrick Willis