Renegy Holdings Inc (RNGY)

Location, Access and Infrastructure

The Saxendrift project is located along the south bank of the middle Orange River between Douglas and Prieska in the Northern Cape Province of South Africa, which area has been the site of intense alluvial diamond activity since the 19^th century. Saxendrift Mine is situated approximately 66 km southwest of Douglas, which lies 110 km southwest of Kimberley, the administrative capital of the Northern Cape Province and the historic centre of the South African diamond mining industry. The Kwartelspan prospect is located some 4 km east of the mine property.

The Saxendrift Mine area is accessed via tarred route R357 from Douglas to Prieska. A well-maintained network of high-speed gravel roads and farm tracks provides ingress to all areas of the Saxendrift Mine and prospecting area. Rockwell has built a bridge across the Orange River to allow access between the operations on the south (Saxendrift) and north (Wouterspan) sides of the river. Water for the Saxendrift Mine is pumped from the Orange River. Power is accessed from the national power grid. To deal with power outages, maintenance is scheduled during power outages and a 1 megawatt generator was acquired to run the plant. A backup generator is retained at the administration centre in Barkley West. An unpaved airstrip and helipad are located on the property. A large, national, airport is located at Kimberley. Labour and services are available in Douglas and skilled labour and broader services are available in Kimberley.