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ORECORP TANZANIA LIMITED

NEW EXPRESSION OF INTEREST FOR

GEOTECHNICAL DRILLING SERVICES TO THE NYANZAGA GOLD PROJECT

OreCorp Tanzania Limited (OreCorp Tanzania) and its subsidiary Nyanzaga Mining Company Limited
(NMCL), are both wholly owned subsidiaries of OreCorp Limited, a development and exploration company
listed on the Australian Securities Exchange (ASX:ORR) (together referred to as OreCorp).

OreCorp is developing the Nyanzaga Gold Project (Nyanzaga or the Project) located within the southern
area of the Lake Victoria Gold Fields, north-western Tanzania. Nyanzaga is in the Sengerema District within
the Mwanza Region of Tanzania. The Project area lies approximately 60 km southwest of Mwanza.

OreCorp Tanzania and NMCL wishes to undertake geotechnical, and condemnation drilling over proposed
areas of infrastructure and hereby invites all and any interested parties to submit their expression of
interest to be included in the list of potential vendors.

The drill sites are within 3 kilometres of each other, and include:

Further condemnation and regional target testing — up to 40,000m of aircore (vertical and angled holes up
to 100m in depth).

Geotechnical, plant and infrastructure drilling — up to 10,000m of diamond (PQ, HQ3 and NQ) including
the capability of undertaking standard penetration testing; with depths of holes to over 350m in depth.

Further resource drilling —up to 12,000m of reverse circulation (angled holes) to maximum depths of
200m.

Expression of interest should be accompanied by supporting documents confirming the following

requirements can be met:

a) Full compliance with Tanzanian Mining (Local Content Regulations) 2018.

b) A track record of a minimum of three years of continuous drilling operations in Tanzania.
c) A list of all drilling projects undertaken and a minimum of three references from reputable mining
companies operating in Tanzania.
d) A copy of their OHSE policy in line with international mining standards.
e) Proof of a well maintained and operational fleet of equipment, located in Tanzania and available
for immediate deployment, and supported by an OEM trained in-house technical team.
f) The ability to provide both aircore and diamond drilling services. Preference will be given to those
g) companies who can mobilise a single multi-purpose drilling rig with ability to provide both aircore
and diamond drilling.
h) Ability to provide technical support and spare parts to their drilling personnel and equipment
within 24 hours.
i) Ability to provide all required consumables (fuel, lubricants, oil).
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j) Ability to provide their own accommodation and catering facilities and be completely independent
for all board and lodging requirements. OreCorp will provide a fenced accommodation area
adjacent to the exploration camp.

Any interested parties are requested to submit electronically their expression of interest to the following
e-mail

address, quoting Ref. EOl/GTD/003/2108 in the subject heading, and marked for the attention of the
Geotechnical : Drilling Tender Evaluation team:

E-mail: procurement@orecorp.co.tz .

Last date for acceptance of Expression of Interests will be Friday 23 August 2021.

OreCorp is not bound to accept the lowest or any tender offer received, and the adjudication of the tender
will be based on both qualification and commercial aspects.

Source; Daily News

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