Our Strategy

• To undertake exploration for regional structures beneath the transported cover where potential diamondiferous kimberlites could be located;
• To undertake exploration for hard rock gold deposits potentially associated with shear structures within the greenstone belt or at the granite/greenstone boundaries; and
• To target areas where artisanal workings are evident with a view to identifying economic alluvial deposits that could be worked in the near term to generate cash flow to support longer term exploration for hard rock gold and diamond deposits.
• To achieve the above, the work plan was organised to include:
  - geological mapping;
  - airborne magnetic survey;
  - stream sediment sampling;
  - trenching; and
  - pitting

Golden Saint Resources has a two part strategy to establish the Company as a diamond and gold producer in Sierra Leone. Firstly to identify gold and diamond assets on all of the Exploration Licence areas; and secondly to generate near-term revenue through export of diamonds and gold.

The Group has acquired three Exploration Licences in Sierra Leone on which limited exploration activities have been conducted to date. For the first 12 months following Admission the Group concentrated its efforts on detailed data sampling and interrogation of the Exploration Licence areas. Activities included GIS software/high resolution satellite imagery, airborne magnetic surveys, mobilisation of airborne contractors, interpretation of geological data, desk-top studies, geological mapping and logistics, geochemical sampling, sample processing, bulk sampling of alluvial targets and upgrading access roads in preparation for further exploration and mining activities.

During the second year following Admission the Group commenced bulk sampling programs in strategic locations within the Exploration Licence areas. The Directors are however cognisant that the actual exploration programme will be finalised once the data analysis and survey works have been completed.

In addition throughout the 24 month period following Admission the Group built on its relationships with the local communities. To this effect the Group has informal agreements with local alluvial miners which move between the Exploration Licence areas, whereby the Group is given first refusal on any diamonds which they find. The Group has provided the alluvial miners with hand water pumps which the alluvial miners move between locations to assist them in the sifting of gravel. The Directors believe that these agreements will benefit the Company and also the local communities where alluvial mining is an important source of employment.

Our Values

Turning the dreams of Africa into reality.

Golden Saint respects the people on the ground. Most of Golden Saint’s teams are local Sierra Leones and that includes local directors, chief geologist, geologists, technicians, office employees and field employees. Golden Saint cares about the local’s standard of living and wants to work with them to improve their lives by offering them employment.

Golden Saint believes in giving back to the community. In February 2014, Golden Saint in partnership with Street Child of Sierra Leone, a UK based charity organization, helped build 13 schools in Baja area through donations.

Golden Saint is committed to do the right thing for its stakeholders by contributing positively through the mining activity. Golden Saint considers this mining venture as a partnership where all stakeholders, including the Investors, local villages, Golden Saint Board Members and staff, will progress together.

Why Invest in Us

Golden Saint Resources’ key strengths are:

• A strong local team in place in country;
• Three prospective diamond and gold tenements for exploration;
• A people orientated company with excellent relationships on the ground;
• Low cost focus due to its ability to generate near term revenue from its alluvial operations and sponsorship of artisanal miners;
• A common understanding of the Company’s vision between the Board and its employees;
• Highly experienced team of technical and exploration consultants.
• Promising diamond recoveries during the early stages of bulk sampling programs;
• Rough diamonds are ethically sourced and all exports are accompanied by Kimberley Certificates;
• The convertible loan is safe guarded by the Company's obligation to sell and deposit into an escrow account managed by an external law firm the first GBP 125,000 of any sale proceeds from the agreed list of GIA certified diamonds with an estimated total sale value of GBP 125,318. 

Our Target Sites

Baja

The Baja exploration licence is considered prospective for both gold and diamonds with some artisanal gold workings have been reported by GSR Africa to have been observed within the licence area and the Sewa River is currently worked for diamonds elsewhere.

The exploration licence covers a large area (240.11km2) and the initial focus should be on identifying the most prospective proportion in order that the less prospective area can be relinquished.

Tongo

The Tongo exploration licence is prospective for diamonds; locked in a region of closely related known occurrences of kimberlite dykes and pipes, some of which are reportedly visible at surface. The topography is characterised by flats and terraces that are reported to carry diamonds and the area is crossed by both regularly flowing rivers and seasonal streams, which not only assists with the exploration process but provide potential for near term alluvial deposits that, once proved up, have the potential to generate cash to find long term hard rock deposits.

The Tongo exploration licence has the greatest near term potential to identify economic diamond deposits.

Moa

The Moa exploration licence is considered highly prospective for both gold and diamonds. Field observations noted active alluvial mining with the gold not having been transported far from the source area due to poor drainage areas across the strike of the recorded mineralised areas.

Gold exploration is the major focus at Moa.

Airborne Magnetic Survey

• Greatly improved the geology and structural understanding;
• Identified strong ENE-WSW structural trends beneath transported cover at Tongo and Baja;
• Consistent with regional structures hosting kimberlite dykes and known diamond resources;
• Identified major structures and fine scale fabrics that may host or control gold mineralisation (Moa); 

Diamond Exploration Recoveries

• Ongoing bulk sampling exercise in Tongo has produced a diamond of 9.65 carats (in addition to the clear white diamond of 9.475 carats) and also a 0.775 carat stone that is very clear.
• Another 135 carats of smaller stones have also been recovered in Tongo since the start of May 2015. Gravel extraction in the next phase will go to a deeper level.
• Due to the commencement of the rainy season, which will last for several months and which causes the rivers to rise, the Explorer One has been moved to higher ground at the Tongo site, so that it can continue to wash during the rainy season.
• The relocation of the Explorer One means the Company will still be able to continue operations on the ground during what is traditionally a quieter period.  The Explorer One is easy to operate and has security devices to prevent theft of the production.  
• Recoveries of a total of 233 carats of diamonds during the first stage of the Company’s bulk sampling program in Baja have also been announced. The diamonds are mainly white with a mixture of sizes up to two carat pieces. 

Technical and Exploration Consultants

Pierre Fourie – Project Leader and Senior Mining Engineer

Pierre Fourie is currently CEO of Rock Forage Mining Ltd and is a Mining Engineer with over 20 years experience in the field of Resource/Reserve Estimation, Mineral Economics, Mine Construction and Operations. Pierre qualifies as a competent person for various commodities including gold and diamonds. With a BCom degree complimenting his BEng Mining degree his practical mining experience in both underground and open pit mining serves him well during the optimization and operational management of complex mining systems. Pierre has extensive experience in mining in Africa and projects that he’s worked on include the Kolwezi Tailings Project in the DRC, Anglo Platinum’s PPRUST open pit operations in South Africa, Anglo Gold Ashanti’s gold operations in Mali and Namakwa Diamonds’ mines in Lesotho and South Africa.

Dr John Ward FGGSA; Pr. Sci. Nat; PhD – Senior Consulting Geologist

Dr John Ward is based in South Africa and is an experienced, strongly field-oriented geologist with a proven ability to work in difficult terrains from desert to equatorial settings in Africa, viz. South America, Namibia, Lesotho, Botswana, Zimbabwe, Angola, Tanzania, DRC, CAR, Cameroon, Gabon, Guinea (Conakry), Mali, Mauritania and Algeria with more limited exposure to Indonesia (Kalimantan), India, Australia, Afghanistan, Canada and Israel. Together with this experience, a long-acquired knowledge of the post-Gondwana and Karoo geology is used to search for economic alluvial diamond deposits and primary (mostly kimberlite) sources in Africa. Dr John Ward qualifies as a competent person for various commodities including diamonds and gold.

About Rock Forage Consulting Services (RFM)

• Part of the Rock Forage Mining Ltd Group;
• Technical and exploration consultant appointed to guide GSR’s technical team on exploration and bulk sampling projects;
• RFCS scope to include regular site visits to Sierra Leone;
• Implementing appropriate procedures to monitor and record projects to ensure compliance to the relevant code;
• RCFS is an appropriate advisor for purposes of reviewing and signing off resource and or drilling in relation to gold and diamonds under the AIM Note for Mining and Oil & Gas Companies of June 2009.

Sierra Leone: A Strong Future

• Comparatively stable and investor-friendly environment;

• Encouraging fiscal regime – 3.5% royalty (precious stones) and no statutory free carry government interest;

• Democratic election process held in 2002, 2007 & 2012 with high
  voter turnout;

• Estimated GDP growth of 11.6% in 2015*;

• Mining contributed 20% of GDP until 1995 and is responsible for 90% of exports**

  * Source: African Economic Outlook database May 2015
  ** http://embassyofsierraleone.net/