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3. Important Notice (Continued) & Insider Notice
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4. Company Snapshot Zimbabwe PROFILE Togo STRATEGY KEY PROJECTS VALUE 4
AIM-listed multi-commodity (tungsten, REE, lithium, tantalum, fluorspar, gold, nickel, zinc) exploration & development company, focused on Africa
Togo
Advance portfolio up the resource curve towards production, forming JV partnerships and/or corporate transactions to add value
Flagship RHA Tungsten Project, Zimbabwe
Katete REE & Zulu Lithium/Tantalum Projects, Zimbabwe
42% stake in TSX-V listed AgriMinco Corp.
Pipeline multi-commodity portfolio offering value upside
Near-term production and cash flow potential at RHA Tungsten Project
Exploration upside – Katete REE and Zulu Lithium/Tantalum Projects
Major shareholder of AgriMinco – exposure to potash, phosphates, clays 4

5. Company Activity since AIM Listing
London (AIM)
PREM
MAJOR SHAREHOLDERS
(as of 28 February 2014)
Company & % of issued shares
Coc’roach Ltd/ZRH Nominees Ltd* %
Alpha International Business Ltd %
Yorkville Advisors %
Paddington Commercial Ltd %
Richard Dollar %
Cumming Family Trust %
Ordinary Shares in Issue
432,283,126
Share Price (GBP)
0.72p (as of 24/03/2014)
Market Cap (GBP, millions)
3.11 (as of 24/03/2014)
*structures associated with G Roach 5

6. Board of Directors & Key Management
GEORGE ROACH
Chairman & CEO
Extensive experience in securing and establishing mineral exploration tenure and operations throughout Africa, including the Central African Republic, Zimbabwe, South Africa, Chad, Mali, Namibia, Zambia and Tanzania. Founding Director and former Managing Director Africa for UraMin Inc., a uranium resource company with operations in Namibia, South Africa and the CAR. UraMin was sold in 2007 for US$2.5 billion. Former President and CEO of Axmin Limited (TSX-V:AXM). Chairman and CEO of AgriMinco Corp. (TSX-V: ANO).
PAMELA HUESTON
Finance Director
Former CFO designate of AgriMinco Corp (TSX-V: ANO) and current non-executive director. Former CFO of G & B Central African Resources, former CFO of Virginia Diamond Field. Head Accountant with Caledonia Mining Corporation (TSX-V: CAL), a junior gold mining and exploration company with operations in South Africa, Zimbabwe and Zambia. Four years with Deloitte in various locations, working as a Senior Manager in Forensic Accounting. Canadian Chartered Accountant and MBA Graduate from the University of Cape Town.
NEIL HERBERT
Non Executive Director
Fellow of the Association of Chartered Certified Accountants and has over 20 years’ experience in finance. Worked in the management of mining and exploration companies for over 15 years and was Co-Chairman and Managing Director of AIM quoted Polo Resources Limited. Former Financial Director for UraMin Inc.
IAN STALKER
Non Executive Director
Over 30 years of development and operational mine experience in Europe, Africa, and Australia. Chairman and Director of TSX-listed Azincourt Resources Inc., Chairman and former CEO of TSX- listed Brazilian Gold Corp. before its recent trade sale and former CEO of Berkeley Resources, listed on ASX and AIM. Former CEO of UraMin Inc. and former Vice President of Gold Fields Ltd., the world’s fourth largest gold producer at the time.
ALEXANDER DU PLESSIS
Non Executive Director
Professional Engineer with extensive experience in management, development and operational roles, covering a range of commodities including diamonds, coal and gold in the African mining arena. Holds a BSc (Eng.) (Electrical) and MSc (Eng.) from the University of the Witwatersrand in South Africa. Consults with a wide range of mining industry clients around the world, and is also a Visiting Adjunct Professor at the Centre for Mechanised Mining at the University of the Witwatersrand.
BRUCE CUMMING
Consulting Geologist
A SACNASP registered geoscientist and member of the Geological Society of South Africa. Initial 26 years' work experience spent with Falconbridge Limited group companies through Southern and West Africa exploring for nickel, copper, gold, diamonds and uranium. Further work experience in Bushveld Igneous Complex, Zambian Copper Belt and Sierra Leone. Was Chief Operating Officer for G&B Group of companies between 2007 and 2012 and instrumental in generating many of the Group’s exploration projects, including the Danakil Potash project. Currently CEO and Director AgriMinco Corp.

7. RHA Tungsten Project Overview Zimbabwe
The RHA Tungsten Project (RHA) covers a 1,800-hectare land-holding in the prospective multi-commodity Kamativi Tin Belt in NW Zimbabwe. RHA has potential to be developed into a low capital and operational cost mine in the near-term, with proven mineralisation and good local infrastructure.
LOCATION
Kamativi Tin Belt, NW Zimbabwe
PRODUCT
Wolframite - WO3
Geological model focuses on 6 mineralised lodes. To date, SAMREC code compliant Resource declared only for Lode 2 (covering two areas, Lode 2A and Lode 2B):
Lode 2A: Inferred 1,093,000 tonnes at 8.7 kg/t WO3
Lode 2B: Indicated 147,000 tonnes at 4.7 kg/t WO3
RESOURCE
Open pit to at least 40m (improved with Whittle optimisation) followed by underground mining to 200m below surface, initially
MINING METHOD
LIFE-OF-MINE
6 years at annual production of 192,000 tonnes
DEVELOPMENT STAGE
Positive PEA and resource statement published Aug/Sept 2013
Additional drilling Lode 2A completed, metallurgical work, updated resource statement and geological model expected April 2014
Further information is contained in PREM’s News Release dated 28 August 2013, which is available on the Company’s website.

8. Historic Production at RHA mine
Exploration Overview
Total drilling campaign of seventeen holes, 2,603m with over 258m of trenching. Most recent drilling completed late December 2013.
Latest drilling confirmed presence of numerous quartz tourmaline veins highly mineralised with wolframite – not previously identified in the hanging wall, including best assays at up to 359kg per tonne
SAMREC code compliant Resource declared only for 1 of 6 lodes and based on the initial 6 drillholes:
Lode 2A - Inferred 8.7kg/t WO3
Lode 2B - Indicated 4.7 kg/t WO3
Resource update expected in April 2014
Ore body described in Lode 2A identified as expected in all additional drilling
Mineralogical work completed with metallurgical test work underway. Full specification of product expected April 2014
Off-take and marketing agreements to follow product specification
Historic Production at RHA mine

9. Exploration Overview (continued)
Updated Mining Study expected April 2014
Previous study indicates robust economics of a 192,000 tonnes per annum tungsten operation, LOM 6 years
Conventional open pit mining to 40m below surface (BS) followed by underground mining to 200m BS over strike length of 300m
Strong promise to be expanded in future with further exploration over known mineralised lodes
Underground mechanised mining using long hole open stoping with pillars; low strip ratio
Flow sheets and recoveries to be defined in updated Mining Study
Excellent infrastructure – accessibility via Bulawayo-Victoria Falls tar road 23km
Low OPEX due to visible upgrade of mineralised material
Diamond Drilling, Jan 2013

10. Mining Study - Robust Financial Model
Tungsten APT (Ammonium Paratungstate) price of $400/mtu, and a 20% discount factor for 65% WO3 concentrate, a price of $20,800/t (metric tonne) of WO3 concentrate sold
FINANCIAL EVALUATION SCHEDULE*
Year
Unit
Total 1 2 3 4 5 6
Mined Tonnes
t’000
907 52
192 87
(65%) WO3 concentrate t
8,908
511
1,887
851
Revenue
USDm
185.3
10.6
39.2
17.7
Capex
13.4
Opex
51.7
4.8
10.0
11.1
11.3
9.7
Undiscounted Pre Tax Real Cash Flow
120.1
-7.7
29.2
28.2
28.0
29.5
12.9
* These numbers are gross for the local company, and are undiscounted and pre-tax.
Pre-tax internal rate of return %
Production starts in year 1 and continues for 6 years. Full mine production of 192 ktpa (16,000 tpm) is reached within 12 months.
The average life of mine operating cost is estimated to be USD 59.3 per Run of Mine (ROM) tonne.
Source: Technical Report on the RHA Tungsten Project dated 10 September 2013

11. Why Tungsten? APT price chart, 2008-June 2013
World tungsten demand is growing at an annual rate of approximately 6%. World supply declined from 90,800 metric tonnes in 2006 to 72,000 tonnes in A strategic metal that is essential in such applications as steel tools and cutting blades, defence applications, alloys, lighting and electronics, tungsten is a natural resource with long-term upside potential.
150
250
350
450
550
US$/mtu
2009
2010
2011
2012
2013
APT price chart, 2008-June 2013
(Source: Bloomsburg)
Tungsten is one of few metals to have withstood the recent metals bear market
China produces approximately 85% of world tungsten supply but has greatly restricted tungsten exports to keep pace with its own industrial demand
Prices have shot up from US$50 per MTU in 2002 to c. US$400 in H2 2013
On-going supply/demand imbalances are expected to keep tungsten at historic high price levels, or to increase prices in the medium-term
Outlook is generally positive, with a tightening market likely to increase APT prices over the longer-term
Wolframite is easily bagged and shipped – no need for high logistics capex spend
Strong demand for primary tungsten: only 30% of tungsten is recycled back into the market
Strong demand and off-take potential. Off-take can underpin bank financing for project or mine development finance

12. Why Zimbabwe? WORKING WITH INDIGENISATION
Zimbabwe’s mining sector has shown a significant recovery over the last five years, with an overall upward trend in mineral production. Mining leads the economy in export earnings, rising from US$1.8 billion in 2011 to US$2 billion in Zimbabwe’s natural resource riches offer strong upside opportunities across many commodities.
WORKING WITH INDIGENISATION
Premier’s subsidiaries in Zimbabwe are fully indigenised with empowerment partner: National Indigenisation and Economic Empowerment Fund (NIEEF)
Shareholder agreements in place with NIEEF holding 51% of the RHA Tungsten Project. Premier appointed operator of the project.
All exploration loans made by Premier to be repaid as agreed with NIEEF
Profit distribution fixed with repayment of debt made first followed by 50/50 split of remaining profit between dividends and mine development
RHA Tungsten project responsible for funding mine development
Extensive mineral resource base of more than 60 different minerals
Ore bodies in Zimbabwe are generally present at shallower depths than comparable ore bodies in South Africa, lending themselves to lower operating costs
Premier is one of over 20 international companies successfully operating in Zimbabwe, including companies listed on the London, Australian and Toronto exchanges such as Aquarius Platinum, Rio Tinto, Caledonia Mining and Mwana
Zimbabwe has great infrastructure and a skilled and well-educated workforce
Premier holds its Zimbabwean assets through Mauritian subsidiaries, lending protection through SADC Treaty

13. Investment Summary
Near-term tungsten production investment - one of only three AIM listed tungsten plays
Mining Study outlines robust economics of RHA: low-capex investment, near-term cash flow, positive APT/tungsten demand and pricing scenarios
Off-take interest could secure future earnings
Potential exploration and/or transactional value creation via additional portfolio of mineral assets
PREM fully compliant with Zimbabwe indigenisation laws
Highly experienced Board with a proven track record of successful development of mineral projects on the African continent

14. Contacts PREMIER AFRICAN MINERALS George Roach, Chairman & CEO
Pamela Hueston, Finance Director E:

15. APPENDIX

16. Zulu Lithium & Tantalum Project, Zimbabwe
South-central Zimbabwe
LOCATION
Lithium & Tantalum
POTENTIAL PRODUCT
Structurally controlled lithium bearing pegmatites with historical data from trenches and diamond drillholes
Two types of pegmatite have been identified in the area, both with estimated grades of 1.2% lithium
CLAIMS AREA
Mapping and trenching has extended the pegmatite strike extent by approximately 5km
6 diamond drillhole programme completed with grab samples indicating tantalum content of between 220ppm and 1,037ppm and lithium contents ranging from 0.2% to 0.7% LiO2
RECENT WORK
Premier intends to commence a bulk sampling programme combined with further drilling and trenching to define a maiden code compliant mineral resource
DEVELOPMENT STAGE

17. Katete REEs Project, Zimbabwe
Province of Matabeleland North, Zimbabwe
LOCATION
Rare Earth Elements (REEs)
POTENTIAL PRODUCT
25 mineral claim blocks
Previous work identified prospective rare earth mineralisation including dysprosium, cerium, thorium, lanthanum, samarium and yttrium
CLAIMS AREA
Results from trenching programme undertaken in 2001 indicated highest total rare earth oxide (TREO) value was 14.6% with an average of 1.74%.
Completed 7 drillhole drilling campaign totaling 1,187m and assays of 4 holes indicate TREO distribution consistent with depth
RECENT WORK
Undertake mineralogical and metallurgical studies followed by definition of a maiden code compliant mineral resource
DEVELOPMENT STAGE

18. Pagala Zinc Project, Togo
Western Togo
LOCATION
Zinc
POTENTIAL PRODUCT
4 contiguous Exploration Permits issued for zinc and associated minerals
Mineralisation hosted in graphite-sericite schist and sideritic breccias within a volcano sedimentary sequence
PERMITS
Exploration began in BRGM and Anglo-American have undertaken drill testing
In 2000, Ambase Exploration Ltd recorded a non-SAMREC compliant ‘exploration target’ as defined in SAMREC code of % zinc
EXPLORATION
Initially, re-interpretation of existing data before decision on further exploration programme
DEVELOPMENT STAGE

19. Dapaong Gold Project, Togo
Northern Togo
LOCATION
Gold
POTENTIAL PRODUCT
2 Exploration Permits covering 400 sq km for gold and associated metals
Area underlain by volcanic and sedimentary Birimian-aged intrusive rocks with minor volcano-sedimentary sequences, quartz veins and pegmatites, forming part of larger West African Craton geologic region
PERMITS
Area has seen extensive artisanal activity but no systematic exploration as yet
EXPLORATION
Initial exploration - mapping, sampling, assays, data interpretation
DEVELOPMENT STAGE

20. Why Togo?
Politically stable and strategically located in West Africa with good enabling infrastructure and a deep-water port at Lomé, Togo has implemented a new investment code that improves ease of doing business and is a member state of the Extractive Industries Transparency Initiative.
Togo’s mining industry has been dominated by phosphates, marble and limestone, but there is strong prospectivity for other commercial minerals, including zinc, nickel, uranium, gold, diamonds and iron ore
Stable political environment and positive foreign investment business environment
Mining legislation framed to liberalise the mining and natural resources sector
Investment code in place to encourage investment and the development of mining activities
Improving infrastructure including expansion of the Port of Lomé. Two airports and an unsophisticated but operational road and rail network
Port of Lomé