ANOORAQ PLATINUM MINING

Anooraq has a long-term objective of becoming a significant PGM producer in South Africa, through organic growth and project acquisitions, either as a stand-alone producer or through JVs

In line with this, Anooraq is currently pursuing two exploration PGM projects in South Africa, the Ga-Phasha Project and Boikgantsho JV where pre-feasibility studies, including associated drilling, will continue during 2007 in order to move the projects forward.