GEOSTAR AND BUSINESS Ltd DISTRICT: GASABO SECTOR: GATSATA TEL: BUSINESS PLAN FOR RUSENYI-BITARE PERIMETER PROJECT FOR FOUR YEARS SUBMITTED TO THE MINISTRY OF NATURAL RESOURCES/RWANDA TURIKUNKIKO Salomon Managing Director of GEOSTAR AND BUSINESS Ltd

DESCRIPTION OF THE PROJECT AND BACK GROUND I.1. PROJECT NAME: Mining exploration I.2. EXECUTIVE SUMMARY OF THE PROJECT Mining sector in Rwanda is mostly a rural activity and occupies a very important place in ore production and national income, since it bears foreign currency. The mines of Rwanda are scattered throughout the country, but their contents or exact mineral deposits are still unknown GEOSTAR AND BUSINESS Ltd is a Rwandan company registered in RDB. Therefore the investment in this area looks like a positive adventure. Therefore that GEOSTAR AND BUSINESS Ltd has committed to invest in mining sector, with main mission of ore exploitation investor, is to develop local population. Particularly, investing in mining sector should make a subsequent contribution to poverty reduction in the country, in general and in local area in particular. I. 3. BACKGROUND OF THE PROJECT The Company managing team has sufficient experience, since its members have been working with several operators in mining business for more than many years and several artisanal miners. Therefore, they have great knowledge about mineral production countrywide

LOCATION AND DESCRIPTION OF RUSENYI-BITARE PERIMETER LOCATION AND DESCRIPTION OF RUSENYI-BITARE PERIMETER Rusenyi-Bitare perimeter is located at District Ngoma, Sectors Gashanda, Karembo & Zaza, cells Cyerwa, Akaziba, Nyagatunda and Ruhembe Eastern Province of Rwanda (The total area is 400 ha).

Location of Rusenyi-Bitare perimeter on topographic map

The altitude of the area is around 1500 m. The main part of the terrain is composed of medium and dissected mountain abrupt. Most of those deposits have been illegally exploited few years ago, using artisanal methods. Now, the company is ready to use the adequate mining exploration requires technical knowledge and appropriate equipment to maintain and protect the environment, and to maximize the damage.

BUDGET GEOSTAR AND BUSINESS Ltd is a company founded by Rwandan investors, who have enough experience in mining activities. To lead to end its mission in exploration and mining exploitation, the company has planned a functional investment of RWF for 4 years, and a technical qualified personnel using modern mining equipment since the year 2015

XI. EXPLORATION PLAN XI. EXPLORATION PLAN Office acquisition (Report & plan) Collection of the report, maps, plan, … Conceptual planning (plan of activities) Prepare the Field work Desktop study (Information on mining area) Collecting the data survey the perimeter (Field visit) Expropriation and equipment :Land acquisition; Environment, social, labor and community aspects; Health and safety Mapping :Topographic surveys

Exploration: Geophysical exploration Exploration: Geochemical exploration Exploration: Geological mapping Mapping and sampling Identify the mineralization area, Prospecting (surface mineralization and old workings) Physical exploration: Pitting and Trenching Laboratory assays Metallurgical studies (Analysis) Calculation of the estimation reserve: Reserves estimation

Personnel A geologist (Temporally) Technician Foreman Storekeeper Security guard miners(Mining extraction and processing costs) Secretary-Accountant (assistant) Research and laboratory analysis officer Environment protection officer

KEY EQUIPMENT TO BE USED Pans Spades Mattocks Boots Helmets (mines) Wheelbarrows Foils Masses of 3 kg (hummers) Masses of 5 kg Masses of 10 kg Pump Laboratory ( hiring) Compass GPS Computer GIS soft wear

CONTRIBUTION TO THE COMMUNITY DEVELOPMENT (CORPORATE SOCIAL RESPONSIBILITY) Sustainable Development of Human Settlement Sustainable improvement of Agriculture Support to vulnerable households Contributing in setting up of anti-erosion facilities

Environmental Protection The company has planned a capital of and EPP is available the project is a probable source of non-negligible number of negative environmental impacts that may arise from the project implementation. Therefore, an Environmental Protection Plan and recommendations will be taken into consideration by the developer in order to protect human being and the environment and it is necessary that the mitigation measures proposed in this Environmental Protection Plan will be implemented in efficient and effective way in order to achieve a sustainable development for today without forget the future.

PROJECT FUNDING MECHANISM Sources of fund 1. Debt form bank : (47%) 2. Owners equity : (53%)