FONON CORP

Fonon Corp is focused on the logistics, mining and commercial sale of barite and other minerals in Zimbabwe. Primary operations are at Dodge Mine, located on a rich hydrothermal mountain range, bearing not only superior grade barite, but also abundant limestone and talc. Along with its affiliate, Mabwe Minerals Zimbabwe (Private) Ltd., an indigenous Zimbabwe company, the company owns 100% of the mineral & metal rights to Dodge Mine. The mine will be managed by the company's minority owned partner, WGB Kinsey & Company, Zimbabwe's most experienced mining & construction company representing four generations of Kinsey leadership. Management believes WGB Kinsey & Company has all the necessary equipment and management experience to efficiently perform all the mining operations at Dodge Mine.