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PROSPECTING AGREEMENT

between

Libibing Mining and Construction


(No.59181)
(Hereinafter referred to as "Libibing")

and

VGN Mining Group Proprietary Limited


(No. 2020/691476/07)
(Hereinafter together with its successors in title, referred to as ("VGN")

PURPOSE
1. Libibing mining and construction grants VGN mining group proprietary limited
the prospecting rights to prospect on behalf of Libibing and submits all prospecting
report to Libibing.

2. Both parts agreed that VGN will take 70% and Libibing 30% of the net profit after
the selling of diamonds.

3. if VGN shall have not mobilised and started the prospecting on the project side by
the 09 January 2023 this agreement shall be automatically terminated without any
written notice.

4. Libibing shall have three (3) representatives in the project side at all time

DOMICILIUM AND ADDRESSES


The parties choose as their domicilium and as their addresses for purposes
of notices and payments in terms of these agreement, the following addresses:
the Libibing :

_Joang Molapo__Ha Mathata Pela Cd Molapo, Leribe, P.O BOX 1683, Maputose, 350,
Leribe-Lesotho

the VGN: Plot 49


Groenfontein
BRONKHORSTSPRUIT
PO Box 2323
BRONKHORSTSPRUIT 1020.

1 VG PS
EXECUTION

These agreements are signed on behalf of:

the Libibing by ______________ and ___________ in their capacities as


Directors of Libibing, duly authorised hereto by a resolution of
Directors of Libibing; For and on behalf of Libibing.

-----------------------------------------------------
DIRECTOR

the VGN by V.G. Ndabezitha in his capacity


as Director of VGN, being duly authorised thereto by a
resolution of Directors of VGN.

SIGNED at Groenfontein this 08 day of November 2022.

For and on behalf of VGN

-----------------------------------
DIRECTOR

2 VG PS

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