Batla Minerals uses diamond proceeds to purchase and move early stage, quality mineral deposits in the Southern Africa region up the value curve. We currently have one project being developed, a tungsten deposit located in South Africa. Riviera Tungsten South Africa CLOSE Resource Riviera Tungsten Project to be the 11th largest deposit in the world. Bongani Minerals (effective control by Batla) received prospecting right July 1, 2011 for tungsten, molybdenum, rare earths, copper, zinc, silver and gold. Re-testing of select core drill data from 30+ years ago indicates 80% validation of historic data. Resource contains 46 million tons ore (historic Anglo data) with estimates of: 100,000 tons tungsten 9,000 tons molybdenum Phase 1 - 2012-2013 CAPEX & OPEX est. $2Mil (secured) Prospect drilling began in March 2012 Selected 11 historic bore holes and 1 new bore hole for new assay Update resource information based on new assay results Complete SRK technical review on deposit Establish future critical path for project Phase 2a – 2014+ OPEX est. $500k Utilise available core to perform exploratory metallurgical test work Expand the scale of further metallurgical testing based on results Desktop study on alternative mining methods and ore extraction Develop an initial economic assessment of potential project viability Phase 2b – 2016+ OPEX est. $10-15MilSubject to obtaining suitable site access: Complete prospect/infill drilling Assay/metallurgical work Scope work on full project CAPEX Conduct pre-feasibility study Achieve an indicated resource classification Goals: Develop an initial economic assemment based on new metallurgical test work and improved understanding of viable mining methods and ore extraction. Access historic Anglo data to determine exploration spend and optimize development approach. Complete pre-feasibility study by the end of 2016. Achieve an indicated resource classification after a further 12 months at an estimated cost of $10-15Mil.