Baobab Resources plc

Baobab Resources plc (BAO:AIM) is an AIM-listed company exploring for a variety of commodities in Mozambique. The company has a large land-holding covering six discrete project areas:

• Mundonguara copper/gold mine
  
• Tete iron ore (± vanadium)
  
• Changara Broken Hill Type base metals
  
• Bandire/Sussendenga gold
  
• Senga Senga gold
  
• Furancungo/Angonia base and precious metals

The two principal projects are the decommissioned Mundonguara copper/gold mine, where an initial resource has been declared, and the Tete iron ore project.

Mozambique is a country of abundant mineral wealth which has been hitherto under-exploited, good infrastructure and investor-friendly legislation which make it an attractive destination for mining companies.

Baobab's board and management have extensive technical and administrative operating experience in Africa and are confident of creating shareholder value from its assets.