Okolom Gold Mine

Olukunle AmooBestKamco Resources, Toronto, Canada

General Description

The mine is one of the richest known deposit in Nigeria with a recorded mining grade of 30g/ton

Assay results of up to 36g/ton were recorded for chip samples from Okolom

Extensive lenses and veins of quartz in faults and shear zone were found

Geophysical investigation identified a main quartz vein of approximately 2.8km. Two major sub parallel suspected veins of about 800m and 1.5km were delineated

It compares with the “pinch and swell” structures found in California

Location

Okolom/Isanlu, Yagba East local Government, Kogi, Nigeria.

Between Latitude 8 15’ and 8 30’ N and longitude 6 25’ and 6 55’ E

Structural Map showing Okolom Prospects

Okolom Prospect – Upper and Lower

q – Vein quartz a – Amphibolite ts –Talc schist bG – Biotite Gneiss UOP – Upper Okolom

Prospect LOP – Lower Okolom

Prospect

Property Owners

DAMCO Nigeria Ltd

and Nigerian Mining Corporation

Project Status

Reconnaisance scale mapping of the area including stream sediment sampling and panning (1: 50,000)

Semi detailed mapping and sampling of Okolom/Dogon Daji veins outcrops

Detailed mapping of veins (1: 2,000) and orientation soil sampling

Scout drilling of 10 boreholes to a cumulative depth of 339 meters

Infrasructure

Fairly accessible by untarred road at 23 km north from Isanlu which is connected to the national electricity grid

Water would be available all year round through the ponding of the Okolom river

Telephone facilities available

Exploration Results

Gold values in quartz veins are variable along strike from 0.1 to 36g/t Au in Okolom

Gold values also vary in weathered gneiss (up to 12.96g/t Au)

Five of the directional drilled holes showed mineralization at between 13.6m and 19.73m vertical depth

Exploration Expenditure

More than $0.8 million dollars up to date

Financial engagement as well as joint venture agreement to be determined with Prospective Investors

Potential

The potential of the Okolom Gold Deposit is estimated at 2 Moz of Gold.

Preliminary Operation Target

Exploration work until end of 2006 Feasibility study 2007 Construction 2008 Production start Up 2009

MINING - UndergroundOPERATION - 1,000 mt/d mining capacityPROCESSING - Cyanide Leaching, recovery +90 %

Contact

For further information, Please contact

Olukunle Amoo

Bestkamco Resources

Toronto Canada

416 301 6815

kunle222@mail.ciom

www.bestkamco.com

Preliminary Estimation of Economic Viability (scenario for a 0.75 Moz deposit (pessimistic approach) )

Initial Costs (Exploration, Feasibility Study) US$ 6 Million

Capital Investment for 1,000 mt/d operation US$ 10 Million

Estimated Operating costs Mining and beneficiation US$ 150 per oz