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r6

No.

Subject

FEll'1 : r:rll'lllERr: I F{L tFF I itE _Trrtc.RFilrl

Fftii Ht:r. : E?t1f lStElTT Jr,rn. 15

c-EE'-l E-t:J-itHf.l F1

EMBASSY OF

THE ARAB REPUBLIC OF EGYPT COMMERCIAL OF'FICE

Jakartn, .func 23, 2009 Attn. l'o :

Mn Mohumad S. Hidayat Presidcnt

INDONESIAN

z0779lVIt0g

r 2fi19 Internrtional Gotd

Bid Rountl No, I

CI{AMBER OI.. COMMERCE AIYD INDUSTRY

.Inkarta,

lleer Mr. Mohamnd,

wc have the plcasure to inform you tbat

the Eryptian Mincral Recourccs

Authorirv (EMRA), Minrsrrv of petrofeu;,

ih;;b.R-?*Jbaf

Erypr is inviting the miner*l oxploration

*otp"oi."

,o eoog

tot*-stional Bio Rourfi

io

explorc

l

exploit for gokl and associgted ninerel

aud gora

i."riog

BIp in Erypt

under the

Production Sharing Agreement

eSll

Model,

The ltid Round includes ? (rwen) expfomtion

blocls. We enclose thc foflowing:

-

Bid Announcement

-

Mnp of the locrtion (erplontion blocks)

-

Bid procedure

Kindrv informcd that the bid crosing detc w'r be

at

12.00

noon timo (local time) , on 7(h of October 2009.

Thc birr documentg courd bc obhined from EMRA,'

pemissos.

It

would bo highly rpprccieted if you could dlsseminate

this information rmong your cstecTuj

T".beru rpeciclized in this field , in o"a"" -Jn..rruOy tho possihility of participating

in

the above

neotionJ

(2)

FEr:rl'1 : r- L-lf'11'1EFlt I f:lL L-IFF I

':E lFll':tlETFl FFiti l.tL-]. : E??1f 1llE177 Jr-ir-r. !-5 JIZEI UtlfJHl'1 F'l

lf

you need further inforurtion, plcase do not hesitale to contrct us or thg the Egypti*n Mlncrd Rcsources Authority (EMn+1ot the following details :

Dr. Abd El Aal H. Aftis Head of Mining Projects $ector

:3, Selrh Solcm Road, Abbasiya

Criro, Egryt (202) 268 30444

(202) 24820120

abdehal_h @egrma. gov.eg

2010

-

sffi724

www.egsma.gov.eg

'Ihrrnk you for your kind attention aud cooperrtiou.

Yours Sincerely,

Address

Tel

Fex Emsil Mobife Website

Commercirl Minirtcr plenipotentiary

fl5&-Tii.iufi nr,r*o

s.,i,

KADTN f NtnnNf stA

No. Ageno.

PctreilmA

Jl. Teuku Umrr No, 6gr Meuteng,l.f.rrt, phone

,

T0;;;

(3)

trtrnr,1 . r-r-'lr'lr4trEr- I Qr r_tFF I rlE JFknFTfi -Tr,irr. J5 :EEg FJ3:JJtll'l Ff

sft

ND. : E2!1J19?81;?

}IINISTRY OF PETROLEUM

EGYPTIAN MINERAL RESOURCES AUTT{ORITY (EMRA)

ANNOUNCEMENT

FOR

2OO9

INTERNATIONAL GOLD BID

ROUND

No.

1

The Egyptian Mineral

Resources

Author;ty

(EMRA)

invites

Mineral

Exploration

/ Exploitation

Gompanles

to

2009 International

Bid

Round

to

explore

/

exploit for

Gold and

associated minerals

and Gold

-bearing BIF

in Egypt

under

the

Production Sharing Agreement

(psA)

Model,

The

Bid

Round

includes

(7) seven

exploration

blocks.

All

of

them

are located in

the

Eastern Desert

of

Egypt- as

shown

in the attached

map.

Starting

.!rrne 7th ,

2009

Interested companies are invited

to

contact

EMRA

to

purchase

data

package

and/or

review

the

potentiality of

2009 bid round

blocks

.

Blocks Coordinates, available

Data,

Bid

Procedures, Main Contract

Terms and

conditions

and Model Agreement

could

be obtained frorn EIIIRA'S premises

or

through

EMRA website: www:gosma,qov,eg

It can be obtained also

from

EMRA'S premises:

Address!

3, Salah Salem Road. Abbaelya, Cairo

-

Egypt

Bid Closing

Date

will

be

at

12:00

noon

time

(local time),

on

7tn

of

October,

2009

For

further

information,

please

contact;

Dr. Abd El Aal H. Attia

Head of Mining Projects Sector

Tel

: +2A2- 26830444

email

:

abdelaal_h @egsma.gov.eg

Fax

:+202

-24820120

mobile :+2010 - 5684724

H

Y

P

(4)

!

I

I

I

FEtll"l : L;lll'1f'lERf, I FiL fFF I CE -Ttlti:l:iRTH FHt'l ftl. : E-;213192E1f? fr-u-r. t5 iEEg E-,r:J4f1f4 F4

UO

a

; )'8'0'0"N

a I

a

o g7o6rg.tr1

I

a

a

t

r 26.OtOuN I

a a o

. 8Jr0t0!rN

a

I

a

e

o n.r'0'0''N

t o I e

o 88'0'0'll a t il c a a a a o a tootoa t I t ? a I a a

8tr0'0'E g8'0tt'E El'0'0'E gg'o$nE 81.0,0'E $"0nU $"onu t,t'0t|rE t,t.ourE S0'0r0iln s0.ororrntfrtryhl i .

e

t-'.F=;f:'t!t*. 'a

t.Ge.eur .l.Um Serrre .S.Brnnryo 7. $hedlt :

'll.Unrrn El Rur 4.Buhrri 6.Hmrt-tl, .t

f oaoltf otoorttQo r ilaalof alrof rQaoaaooa

1-

Gasus

1220

kma

4-

Bukari

{480

km2

2- Um El

Rus

1680

kmz

5-

Baramya

975

kmz

3- Um

Samra

790

km2

6-

Hamata

1340

kmz

*I-'K,*

i

a I o a a a a a

- r-.-!--- .

l'

- -II

-

l-il:

I

(5)

trtrrri4 : f r-]Fr|'1trtr'- T*t t_tFF lf E JFII".HETH FFiti t'lr-r. : E?!1f 1'-f:E1?f

BID PROCEDURES

2009

Gold

BfD

ROUND

No,1

Each offer

shall

be

submltted

by the

closing

date in

two

sealed envelopes as

follows:

Ei/vE[oPE

/11

entitled

'jQuallficallsrn{

and

shail

contain:

1'

A preliminary depoelt in amount of 50,000 LE (for each bidding bloclr)

to

be

submitted

to

EMRA

by

lrrevocable bank

letter

of

Guarantee (ln

English

&

Arabic languages)

or

payable

cheque confirmed

by

in

Egyptian bank and

valid

for

at

least

eix

months

from the Bid

Round cfosing date.

Ihis

letter will be sent back

to

the unsuccessfsl btdder.

Within

flfteen

(151

daye

from

receivlng

EMRA'S

notification

to

the

company as a $uccessful biddgr, the amount

of

50,000 LE deposit will be

increased up to an amount equal

to

l0% of the flnancial obligation of the

first Exploration phase as specified in the offer.

EMRA shall liquidate without any legal procedure the 50,000 LE letter

of

guarantee in the followlng cte98t.

i)

In

case

the

company wlthdrew before

the

announcement

of

the

bid results;

ii) ln case the company failed

to

increase the preliminary bond of 50,000

LE up to the amount of 10% of the financial obligation of firet exploration

phase as specified in the offer;

iii)

In

ca$e

the

company

withdrew

or

falled

to

deliver

to

EMRA the

necessary documentation required before the final signature date which

will be determined by EMRA, the 10% letter of guarantee

will

be liquidate

by EMRA

.

Before

the

date

of

the

signature

of

the

concession agreement,

the

100/o

letter

of

guarantee

will be

sent

back

to

the

successful biddsr after recelving the lsfter of Guarantee for the minlmum financial commitment of the flrst exploration phase.

2- Article of Incorporation of the company wlth copies of all documents

that

prove

its

legal

exietEnce

ss

wefl

as

shareholders

and

their

nationalitles.

3- Previous exploration -experience and activities

of

the

company all

over

the world

includlng exploitation projects, mineral

production, reserves and latest used technology supplemented

by

the company's Annual Report.

4. Financial capability of the company

Jr-rn. t5 JlaEg E9:f5Fl"l F5

(6)

trtr'nt'1 : ,:l-rl.1l'1Enr: I FrL nFF i r:lE JF]I{HF:TF FFH r'1r1. : E!:1f 152E1fl Jur-r. 15 Jri.ll-]t ti!: fEHl'i PE

-f6

HIIVEIOPE

f2l entitlqf,

"Comr]Lercial"

shall contain:

Terms

and

condltlons

in

accordance

to

the

maln

contract terms as

attached.

These two envelopes wlll be submitted and hand delivered separately at

the same time and marked;

Envelope

-l

(Qualifications) Envelope

-2

( Commercial )

Both envelopes (1) A (2) should be entitled

200e INTERNATIONAL

GOtD

BID ROUND No1

and addressed to:

..

CONFIDENTIAL ''

EMRA

Chairman of the

Board

Addfess:

3 Salah Selem St, AbDasiya, Cairo

-

Egypt

THE CLOSING

DATE

WILL

BE

12:00 NOON TIME

(Local time),

ON

'7ili

of

October,200g

Envelope

(2)

"

Commercial"

wlll

not

be

open

ed

unless all

required documenfs

in

envelope

(l)

"

Qualifications

"

were,

found fulfilling

required

documents

and

the

hidder

is technically accepted.

N.B.

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