RESUME REPORT OF PT.

BORNEO OMEGA JAYA

Date Subject Location

: Mei 24, 2013 : Site Visit Report of PT. Borneo Omega Jaya : Tiwei Village, Long Ikis District, Paser Regency, East Kalimantan

1.

Introduction PT.Borneo Omega Jaya (PT.BOJ) located at Long Ikis District, Paser Regency, East Kalimantan. Legal status of IUP proposed is exploration but not yet registered on ESDM as Clean and Clear with wide coverage area of IUP Proposed is 2,120 Ha. PT.BOJ is a new IUP Licensed and had been mapping by IUP owner at November 12 2011. North direction of IUP proposed is PT.Pola Andika Reaktor (POLAR), had been mining less than 3 years later and produced 3 Coal barging with GCV maximum on 7,000 Kcal / Kg South direction of IUP Proposed is palm plantation area owned by local people and PT.Perkebunan (PTP). That Palm plantation area will build a CPO manufacture. Site Visit activities guide by Mr.Ervan, owner People who knows the location of PT.BOJ and PT.POLAR.

2.

Technical Data Based on site visit results, the local people showing the coal outcrops at PT.POLAR beside of BOJ

Pic 01, 02, 03 & 04 OutCrops at PT. Polar

PIT PT.Polar
Exposed at ex mine pit PT.Polar Strike Dip N 340 10 E / 25 32 Coal black, bright, brittle, Fe oxide This coal seams is the thickest coal around PT.Polar IUP Area

Pic 05 & 06. Coal exposed at ex PIT PT.Polar

Pic 05 & 06. Hauling Road and Jetty Conveyor around at BOJ

3. Coal Quality Based on information from Local people who had been working at PT.Polar, that coal quality from Mine Pit is around 6800 - 7000 Kcal / Kg.

4. Infrastructure Hauling Road is available to Telen River, using ex logging road. But no direct access to Adang River Distance from PT.BOJ is around 28 Km Jetty Located at Telen River Jetty located is ex Log pound of logging company Used by PT.POLAR

5. Summary Based on technical results site visit, owner data, and mining company active around IUP Area, that IUP

PT.BOJ is Need first step for Mapping and Test Pit (Next eksploration Detail include Drilling) at Consession Area that have been detected by geoscan 2D metode at 36 Hectare. Base on GeoScan Potential Reserves estimation 1.000.000 MT

Pic 07 GeoScan Line 2

Pic 08 GeoScan Line 3