A-CAP'S STRATEGY

+ Maintain A-Cap’s position as Botswana preeminent Uranium exploration company
+ Maintain and grow its extensive exploration Uranium portfolio in Botswana
+ Capitalise on its first mover advantage through aggressive “in ground” Uranium exploration
+ Become Botswanas first Uranium Producer
Exploration Portfolio

A-Cap holds six prospecting licences covering a total area of over 4,400km2 and three licences under application covering a further 3,000km2.
All of the ground held by A-Cap has been previously explored by major companies such as Falconbridge, BCL, Urangesellchaft and Union. All of A-Cap’s tenements have significant radiometric anomalies and indications of Uranium mineralisation exposed at surface. Significant discoveries have been made at the Letlhakane Project resulting in an Inferred Resource of 30 Million lb Uranium (at an 80ppm cut-off) that has been defined in accordance with the JORC code.

Botswana The Country and Economy

Botswana received its independence from Great Britain in 1966 and since that time a multi-party democratic system has operated successfully. Botswana has enjoyed continuous peace and economic stability since independence and has carefully avoided conflicts that have occurred in neighbouring countries.

TRANSPARENCY
The World Economic Forum (WEF) Public Institutions Survey 2006 that rated Botswana as the number one country in Africa in terms of Public Governance. In the 2005 Transparency International Corruptions Perception Index Botswana ranks as one of the least corrupt countries in the world (32 out of 159), and by far and away the least corrupt country in Africa.

GOVERNMENT
The Government has established an excellent infrastructure of sealed roads, grid power and piped water throughout the country. Education and health are also priorities for Government spending. Altogether, Botswana provides a very favourable environment in which to operate and to plan for a possible mine development.

OTHER PLAYERS
Importantly Botswana has also recognised the need to continue diversification in the mining industry away from diamonds, and actively encourages explorers to seek out other opportunities.
A number of listed Australian and International Companies have taken advantage of the Investment friendly environment in Botswana to establish operations there. These include BHP Ltd, Rio Tinto Ltd, Debeers, Albidon Ltd, Mt Burgess Ltd., African Energy Resources Ltd, African Copper PLC, IAMGOLD Corporation and Discovery Nickel Ltd.

Highlights

+ First company to report a Uranium Resource in Botswana
+ Aggressive Exploration Program Underway
+ Projects Adjacent to major Infrastructure
+ Strong Management and Operational Team
Letlhakane Projects
+ Interim Inferred Resource of 30 million lbs U3O8 (80ppm cut-off). Resource reported in accordance with JORC.
+ Exploration Target size of 100 million lbs of U3O8
Premium Exploration Portfolio in a stable mining Environment
+ Four tenements with historic Uranium exploration and mineralisation exposed at surface.
+ Three new PL’ s under application covering prospective Karoo Sandstones