GEOSTAR AND BUSINESS Ltd GEOSTAR AND BUSINESS Ltd DISTRICT: GASABODISTRICT: GASABOSECTOR: GATSATASECTOR: GATSATATEL: 0788836612TEL: 0788836612

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 DESCRIPTION OF THE PROJECT AND BACK PROJECT AND BACK GROUND 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 LOCATION AND DESCRIPTION OF RUSENYI-BITARE PERIMETER 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 Location of Rusenyi-Bitare perimeter on topographic maptopographic 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.

BUDGETBUDGET

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 81 136 600 RWF for 4 years, and a technical qualified personnel using modern mining equipment since the year 2015

XI.XI.

EXPLORATION PLAN 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 explorationExploration: Geochemical explorationExploration: Geological mappingMapping and samplingIdentify the mineralization area,

Prospecting (surface mineralization and old workings)

Physical exploration: Pitting and Trenching

Laboratory assaysMetallurgical studies (Analysis)Calculation of the estimation reserve:

Reserves estimation

Personnel Personnel A geologist (Temporally)TechnicianForeman Storekeeper Security guard miners(Mining extraction and

processing costs)Secretary-Accountant (assistant) Research and laboratory analysis

officerEnvironment protection officer

KEY EQUIPMENT TO BE USED 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 CONTRIBUTION TO THE COMMUNITY DEVELOPMENT (CORPORATE SOCIAL RESPONSIBILITY)(CORPORATE SOCIAL RESPONSIBILITY)

Sustainable Development of Human Settlement

Sustainable improvement of Agriculture

Support to vulnerable householdsContributing in setting up of anti-

erosion facilities

Environmental ProtectionEnvironmental Protection The company has planned a capital of 3 800 000

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 PROJECT FUNDING MECHANISMMECHANISMSources of fund

1. Debt form bank :38136000(47%)

2. Owners equity :43000000(53%)