LaBrie mine is situated approximately 10km South East of Ermelo, Mpumalanga Province in the Msukaligwa Municipality, bordering on the Ermelo-Umkhondo (Piet Retief) N2 national road.

The measured coal resource for the area is approximately 1.10 million in-situ tons. The ROM measured reserve, based on the SAMREC Code, is 1.05 million tons of which approximately 600 000 tons can be classified as anthracite coal.

Uitkomst is next to La Brie. Under a pPrevious drillings programme, a total of 22 boreholes were drilled. Over the 900 hectare licence area, the geological results indicate a topography very similar to that of La Brie.

The inferred coal resource for the area is approximately 7 million in-situ tons. The mining extraction rate for opencast mining extraction is 95%. The reserves were computed by digitizing the relevant areas and multiplying by the average seam thickness and relative density of the raw coal of 1.50g per cubic centimeter. The classification of the reserve was calculated in accordance with the SAMREC Code.

LB Mining's project area is located within the Witbank- Highveld Coalfields area in the Mpumalanga Province of South Africa. It is about 5 kilometres north of the town of Leandra and 40 kilometres south of Delmas. The R50, which is a tarred National Road, traverses the farm, allowing easy access. Prospecting rights adjacent to the area are held by two major mining houses, Shanduka/Glencore and Anglo Coal.

There are two economically-viable coal seams present in the area, the upper lying No 4 Seam and the lower lying No 2 seam. The project area has been drilled to a measured resource category, as defined in the SAMREC Ccode. The total mineable in-situ resource is calculated at 29.86Mt. The No. 2 and No. 1 seams are is a source of high-grade steam coal suitable for export and the No.4 seam generally contains the best quality C- grade coal.

Total Coal South Africa focused on export quality coal, so the resource statement of 29.86Mt contains the values of exportable coal. There could be upside potential from the lower grade coal in the deposit which would be suitable for the domestic and Eskom markets. The lower grade coal is evident within the project area and has also been drilled but not included within the resource statement.