Executive Summary
Ridge Mining plc was founded in 1996 following the acquisition of Cluff Resources plc by Ashanti Goldfields Company Ltd. During 2001, the Company acquired a number of highly prospective platinum group metal projects in and around the Bushveld Complex of South Africa through the acquisition of Sperrylite Resources (Pty) Limited. Successful exploration results, have led to the decision to focus the Company on developing the platinum properties. The Company's two most advanced Platinum Group Metal (PGM) projects are the 100% owned Blue Ridge Project on the eastern limb of the Bushveld where a feasibility study has recently been completed and the nearby Sheba's Ridge Project a joint venture with Anglo Platinum. Ridge Mining has, in addition, other earlier stage PGM projects in and around the Bushveld Complex. The Company has various gold and other metal projects elsewhere in Africa which the Company is in the process of disposing of.
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