COAL CONCESSION DUE DILLIGENCE

PROJECT EAGLE

28TH APRIL 2010

SITUATION MAP

Eagle Project Location : PT. Kencana Wilsa (KW) situated in

Kecamatan Barong Tongkok, PT. Bonboi Central Prima Coal (BCPC)

situated in Kecamatan Muara Lawa, PT. Central Coalindo Utama (CCU)

situated in Kecamatan Damai and Muara Lawa,

PT. Karya Pertama Prima (KPP) situated in Kecamatan Muara Lawa and Kecamatan Bantian Besar,

Kabupaten Kutai Barat, East Kalimantan

Situated 170 km west of Samarinda and 160 km northwest of Balikpapan.

FORESTRY MAP

Forestry zonation area:

Most of the concession situated in Other Land Use forestry zonation,

Approximately 60% of PT. Karya Permata Prima situated within Production Forest zonation in the southern and southeastern part.

For Other Land Use areas, no forestry permit required.

TOPOGRAPHIC & 3D MAP

GEOLOGICAL MAP

PT. KW

- Maragoh Formation

- Alluvial PT. CCU

- Pamaluan Formation

- Pulaubalang Formation

- Kampungbaru Formation PT. BCPC

- Pamaluan Formation

- Pulaubalang Formation

- Kampungbaru Formation PT. KPP

- Pamaluan Formation

- Pulaubalang Formation

OUTCROP MAPPING PT. KW

27 outcrops mapped, mainly in central southern area,

Orientation average strike 140/32 and 282/17,

Thickness 20 cm up to > 4 metres, Coal quality:

- TM : 9.10 – 49.28 %

- IM : 6.36 – 19.98 %

- Ash : 2.04 – 4.48 %

- VM : 38.74 – 41.11 %

- FC : 36.80 – 50.49 %

- TS : 0.25 – 1.93 %

- CV : 4,900 – 5,187 kcal/kg adb.

with one sample 7,100 kcal/kg.

- HG : 45 - 63

PROPOSED RELINQUISHMENT AREA FOR PT. KW

OUTCROP MAPPINGPT. BCPC

47 outcrop mapped, mainly in the southern area,

Orientation average strike 317/25 and 27/32,

Thickness 10 cm up to > 1 metre, Coal quality:

- TM : 6.70 – 29.71 %

- IM : 3.72 – 15.69 %

- Ash : 1.91 – 12.32 %

- VM : 35.04 – 43.22 %

- FC : 40.30 – 50.48 %

- TS : 0.34 – 2.47 %

- CV : 5,084 – 7,512 kcal/kg adb.

- HG : 49 - 71

OUTCROP MAPPING PT. CCU

13 outcrops mapped mainly in the southwest and northeast areas close to the concession boundary, Orientation average strike 279/43 and 48/31, Thickness 10 cm up to 78 cm, Coal quality:

- TM : 8.02 – 16.92 % - Ash : 1.69 – 8.74 % - VM : 34.19 – 41.52 %

- IM : 5.18 – 10.59 % - FC : 45.33 – 51.58 % - TS : 0.98 – 4.10 %

- CV : 5,887 – 7,273 kcal/kg adb. - HG : 51 - 69

OUTCROP MAPPING PT. KPP

17 outcrops mapped mainly in the western area, some near to the concession boundary, Orientation average strike 356/26 and 11/34, Thickness 10 cm up to 76 cm, No Coal quality data

COAL OUTCROP DESCRIPTION

COAL OUTCROP DESCRIPTION

COAL OUTCROP DESCRIPTION

COAL OUTCROP DESCRIPTION

COAL OUTCROP DESCRIPTION

ORIGINAL DRILL PLAN OF PT. BCPC

ACTUAL DRILL PROGRAMME OF PT. BCPC

BORE HOLE COMPILATION

BORE HOLE COMPILATION

BORE HOLE COMPILATION

BORE HOLE COMPILATION

Drill hole summary Total hole : 40 holes Maximum depth each hole : 65 meters Total open hole : 2,528.20 meters Total coring : 96.50 meters Total depth : 2,624.70 meters

LINES & CROSS SECTION INTERPRETATION