Chevalier Resources

Chevalier Resources is a private mineral exploration and development company specializing in base metal projects in the Katanga Province of the Democratic Republic of Congo. The Company’s growth strategy is to generate cash flow by conducting small scale mining and mineral processing operations, in combination with the exploration and development of assets from a comprehensive

CHEVALIER is a Canadian private mineral exploration and development company involved in base metal projects in the Katanga Province of the Democratic Republic of Congo ("DRC"). CHEVALIER holds 57% of the shares of Luisha Mining Enterprises Sprl., a DRC company, which owns a 100% interest in the Luisha Permit, (the "Luisha Property"), including an open pit which was mined for high grade copper in the 1940s and waste piles. The Luisha Property covers an area of 16.2 km2 underlain by Roan Group sediments, which host most of the large and high grade copper-cobalt deposits in the Central African Copper belt of Zambia and the DRC. CHEVALIER's objective is to identify copper-cobalt mineralization of economic interest on the Luisha Property through a comprehensive exploration program. A NI-43-101 compliant report on the Luisha Property has been prepared on behalf of Chevalier by Strathcona Mineral Services Limited and will be made available on SEDAR in due course.

CHEVALIER also holds a 60% interest in the Busanga Tin Project (the "Busanga Project"). Located about 160 km to the north of the mining town of Kolwezi, the Busanga Project covers 74 km2 of prospective geology for high grade alluvial and hard rock tin mineralization. Alluvial mining in the early 20th Century extracted significant quantities of cassiterite (SnO2) from the alluvial terraces of the Lualaba River, a major waterway that crosses the Busanga Project.