PT Agincourt Resources

EXPRESSION OF INTEREST FOR DIAMOND DRILLING

SERVICES PACKAGE NO. M-0195-021

Martabe Gold Mine is managed and operated by PT Agincourt Resources. The mine falls under the sixth generation of Contract of Work (CoW) covering a total area of 1,303 km2 of South Tapanuli, Central Tapanuli, North Tapanuli and Mandailing Natal. The resource base on 31 December 2019 includes 7.8 Moz of gold and 64 Moz of silver. Production commenced at Martabe on 24 July 2012. The operating capacity of Martabe Gold Mine is in excess of 5.5 mtpa ore to produce in excess of 400,000 oz of gold and 2-3 Moz of silver per annum.

We hereby invite a single highly experienced Drilling Services Company (Contractor) to provide Diamond Drilllng Services.

1. Diamond Core Drilling:

a. Variable requirement between 8 to 15 heli-portablel diamond drill rigs

b. Fleet will consist of:

- 12 rigs capable of drilling to 700m depth NQ: 5 of which to have horizontal drilling capability.

- 1 rig capable of drilling to 1200 m NQ.

- 2 light reconnaissance rigs capable of drilling to 200m NQ.

2. Support Vechiles for personnel and light equipment

3. Provide On-Site Workshop & Storage Facility

Interested Contractor with a similar line of business that has experience in providing the similar scope of services in mining operations and proven experience in operating drill rigs (preferably in Gold Mining Company), may register to start from 11 January until 25 January 2021 at 5.00 pm by sending your Expression of lnterest letter and emailed to Tender Administrators (max 10 MB per email):

MTB-MDG-MariabeSuQp1yContract@agincourtresourcescom including the copy of company legal documents as follows:

1. NIB (Nomor lnduk Berusaha) and/or TDP (Tanda Daftar Perusahaan)

2. IUJP

3. NPWP

4. SPPKP

5. Company Deeds (both establishment and latest amendment)

6. List of Clients and Experiences

Only shortlisted candidate will be notified for further process.