SURINAME Opportunities in Mining

Jim HokMINISTER OF NATURAL RESOURCESRepublic of SurinamePDAC, March 3th, Toronto, Canada 1

President of the Republic of SurinameH.E. Desire Delano Bouterse

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Area 163.000 km2

Population 535.000 Per Capita Income > US$ 7,100 Adult Literacy 94% Language Dutch, English, + Political system Democracy, Independence in 1975

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Rich Natural Resources• Annual influx of 200.000 tourist from North America, South America, the Caribbean and

Europe. • The country is covered for 90% with forest and therefore very suitable for ecotourism. • One of the largest nature reserves of the world with an acreage of 16.000 km2.

ICEP International Seminar 27 February 2008

• No Hurricanes• No Earthquakes

ICEP International Seminar 27 February 2008

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Mosque and Synagogue side by side

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Alumina, gold and oil account for 94% of export receipts and 40% of GDP.

Aluminum, Gold and Oil are the main sources of national income.

The Bauxite Industry is about 100 years old in Suriname

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Some of the most respected names in the extraction industries already found their way to Suriname

Hydro-carbons

Gold

Bauxite

The Oil Sector in SurinameINVESTMENT OPPORTUNITIES

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Discovery 09/2011: Zaedyus well:• Consortium Tullow Oil/Total/Shell• Net Pay 72 m• Water depth 2,000 m• Well depth: approx 5,000 m

Extension of Continental Shelf with ± 82,000km². No objection statement of the UN received.

Offshore Suriname

Mineral Potential

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The metallogenic map of Suriname shows various occurrences of minerals.

Of major economic importance is the greenstone belt for primary gold and other deposits.

The main metal bearing pegmatite bodies are found in north-east Suriname. Cassiterite, columbite-tantalite, beryl and amblygonite have been mined.

Other base metal occurrences such as: Fe, Al, Au, Cu, Fe, Mn, Cr and other minerals.

The Greenstone Belt

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Suriname's gold deposits are

part of the Guiana Shield, a

geological formation

Greenstone extending over

415,000 km2 of Venezuela, the

Guianas, and Brazil. In

Suriname, the Greenstone

belt covers 24,000 km2 in the

east of the country (Figure

left).

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Geological Map

What’s up ?

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Two mineral agreements: - IamGold - Newmont

A new mining code

Mineral Institute

A new Geological Map of Suriname

The Oil Sector in SurinameINVESTMENT OPPORTUNITIES

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