URU Metals is exploring and developing a portfolio of high quality assets across a targeted spectrum of commodities in several geographic jurisdictions.

Zebediela Nickel Project in South Africa

URU Metals owns 74.4% of Zeb Nickel Corp traded on the TSX.V under the symbol ZBNI.V.

The project is located in the Limpopo Province of South Africa close to the platinum mining town of Mokopane.

A Preliminary Economic Assessment (“PEA”) completed in 2012 reported inferred and indicated resources (Non-JORC) totalling over 1.5 billion tonnes with an estimated Net Present Value of US$317 million and a post-tax IRR of 18.6% (assuming a post-tax discount rate of 10%, nickel price of US$8.50/lb, production of 20,000 tonnes of nickel per year over a 25 year mine life, a total capex cost of US$708 million, and an opex cost of US$3.35/lb Ni)