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Business Description: Vantage Goldfields Limited (VGO) holds mining and exploration rights to a large area within the Barberton Goldfield district, the second largest goldfield in South Africa. The Company has three projects and total estimated Mineral Resources of 4.5Moz, including estimated Ore Reserves of 0.7Moz. The projects are the Lily Mine, the Barbrook Mines Complex and the Worcester Project. Vantage's interest in each project is 74% (other than the Lily Project, in which the interest is currently 85%, but which will be reduced to 74% by 2014). The remaining interest in each project is held by Lomshiyo Investments.
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