ANNUAL INFORMATION FORM FOR FINANCIAL YEAR ENDED DECEMBER 31, 2007 MARCH 28, 2008 For personal use only TABLE OF CONTENTS CORPORATE STRUCTURE ..........................................................................................................................................4 CAUTION REGARDING FORWARD LOOKING STATEMENTS...........................................................................4 GENERAL DEVELOPMENT OF THE BUSINESS......................................................................................................5 NARRATIVE DESCRIPTION OF THE BUSINESS.....................................................................................................7 Business of the Anvil Mining Group ...................................................................................................................................7 Logistics ..............................................................................................................................................................................8 Employees ...........................................................................................................................................................................8 Mine Financing....................................................................................................................................................................9 Democratic Republic of Congo ...........................................................................................................................................9 Regulatory Matters ..............................................................................................................................................................10 Risk Factors .........................................................................................................................................................................12 THE DIKULUSHI MINE .................................................................................................................................................19 Mine Description and Location ...........................................................................................................................................19 Accessibility, Climate, Local Resources, Infrastructure and Physiography.........................................................................19 History .................................................................................................................................................................................20 Geological Setting ...............................................................................................................................................................23 Mineralization......................................................................................................................................................................23 Exploration and Drilling ......................................................................................................................................................24 Sampling and Analysis ........................................................................................................................................................27 Security of Samples .............................................................................................................................................................27 Mineral Resource and Mineral Reserve Estimates...............................................................................................................27 Mining Operations...............................................................................................................................................................28 Copper and Silver Production..............................................................................................................................................29 Exploration and Development .............................................................................................................................................29 Further Information .............................................................................................................................................................30 THE KULU MINE ............................................................................................................................................................30 Description and Location.....................................................................................................................................................30 Accessibility, Climate, Local Resources, Infrastructure and Physiography.........................................................................30 History .................................................................................................................................................................................31 Geological Setting ...............................................................................................................................................................31 Mineralization......................................................................................................................................................................31 Exploration ..........................................................................................................................................................................32 Drilling ................................................................................................................................................................................33 Sampling..............................................................................................................................................................................33 Security of Samples .............................................................................................................................................................34 Mineral Resource Estimate..................................................................................................................................................34 Copper Production...............................................................................................................................................................35 Mining and Processing Operations ......................................................................................................................................36 Further Information .............................................................................................................................................................36 THE KINSEVERE MINE.................................................................................................................................................36 Description and Location.....................................................................................................................................................36 Accessibility, Climate, Local Resources, Infrastructure and Physiography.........................................................................36 History .................................................................................................................................................................................37 Geological Setting ...............................................................................................................................................................37 Mineralization......................................................................................................................................................................38 Exploration Work Completed..............................................................................................................................................39 Drilling ................................................................................................................................................................................39 Sampling and Analysis ........................................................................................................................................................39 Further Drilling....................................................................................................................................................................40 Mineral Resource and Mineral Reserve Estimates...............................................................................................................40 Kinsevere Mine Development .............................................................................................................................................41 Copper Production...............................................................................................................................................................42 Further Information .............................................................................................................................................................42 For personal use only DIVIDEND POLICY.........................................................................................................................................................42 DESCRIPTION OF SHARE CAPITAL..........................................................................................................................42