Joseph Hamilton

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Joseph Hamilton Chief Executive Officer July
2007 AIM/TSX ACU BSEAfrican Copper
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Forward Looking Statement
Except for historical information contained in
this presentation relating to African Copper,
certain disclosure statements and information
contained herein constitute forward-looking
statements. Forward-looking statements include,
but are not limited to, statements concerning
mineral resource estimates, exploration and mine
development plans, the future price of copper,
capital and operating cost estimates, timing of
the development of the Companys projects in
Botswana, exploration results, requirements for
additional capital, the impact of exchange rates
and the timing and possible outcome of pending
and future regulatory applications and other
statements which are not historical facts. When
used in this document, the words such as could,
plan, estimate, expect, intend, may,
potential, should, and similar expressions
are forward-looking statements. Although the
Company believes that its expectations reflected
in these forward-looking statements are
reasonable, such statements involve risks and
uncertainties and no assurance can be given that
actual results will be consistent with these
forward-looking statements. Important factors
that could cause actual results to differ from
these forward-looking statements include risks
related to failure to convert estimated mineral
resources to reserves, the grade and recovery of
ore which is mined varying from estimates, future
prices of copper, capital and operating costs
varying significantly from estimates, political
risks arising from operating in Africa,
uncertainties relating to the availability and
costs and availability of financing needed in the
future, changes in equity markets, inflation,
changes in exchange rates, fluctuations in
commodity prices, delays in the development of
projects, conclusions of economic evaluations,
changes in project parameters as plans continue
to be refined, uninsured risks and other risks
involved in the mineral exploration and
development industry. Although the Company has
attempted to identify important factors that
could cause actual actions, events or results to
differ materially from those described in
forward-looking statements, there may be other
factors that cause actions, events or results not
to be as anticipated, estimated or intended.
There can be no assurance that forward-looking
statements will prove to be accurate, as actual
results and future events could differ materially
from those anticipated in such statements.
Accordingly, readers should not place undue
reliance on forward-looking statements. These
forward-looking statements are made as of the
date hereof and the Company makes no
responsibility to update them or to revise them
to reflect new events or circumstances, except as
required by law.
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At a Glance

• Head office London, UKOperations office
  Francistown, Botswana
• AIM/TSXACU, BotswanaAfrican Copper
• Market cap approximately 140 mill (US280 mill)
• 139.6 million shares outstanding (151.8 million
  fully diluted)
• Estimated date of production Q1 2008
• Financial position
• Cash as at 31 March 2007 49 million (US96
  mill)
• Raised 92 million Botswana Pula (7.5 million) in
  June 2007
• No debt
• 5,850 tonnes copper hedged at US3 for Apr-Dec
  2008

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Share Structure
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African Copper Business Model
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Expand production
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1. Production from Mowana Mine Project
Overview

• 34 million tonne resource _at_ 1.5 copper
• 1 million tonnes-per-year concentrator under
  construction (plant construction cost approx
  US58.9 million)
• Projected 25-year mine life 6-8 year open pit
  followed by 15-20 year underground mine
• 44 million lbs/yr of copper in concentrate
  (estimate) for approx 20,000 tonnes per year
  copper production
• Production anticipated in Q1 2008

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June 2007 TOTAL Resource Estimate
Note Measured, Indicated and Inferred resources
comply with the definitions of SAMREC, JORC and
NI43-101.
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June 2007 Resources above 175 metres
Note Measured, Indicated and Inferred resources
comply with the definitions of SAMREC, JORC and
NI43-101.
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1. Production from Mowana Mine

• 25-year mining license granted expanded
• Crushers ball mills at port anticipate
  delivery to site Q3 2007
• June 2007 resource estimate to be used to
  re-evaluate pit optimization plan
• Botswana Power Corp. contracted to supply power
  from main grid
• 5-year mining contract signed

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Aerial View Pit Plant Sites
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Landsat and Local Geology
Far North Exploration
Area of Current Drilling
2 km
Erasmus Winze
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Resource Base
North
South
(looking East)
Total Cu with a 1.5cut off
1.5-2.0 2.0-3.0 gt3.0 gt4.0
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Estimated Operating Costs
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Meeting Construction Timelines
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High Quality Construction
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2. Expand Production Underground resource
Sulphide mineralization Chalcopyrite /-
Chalcocite /- Cuprite /- Bornite In
quartz-carbonate veins

• Substantial underground sulphide resource for
  supplying additional mill-feed
• Underground access plan with capital costs
  stoping outlines expected by end of 2007
• Trial mining may be required prior to conversion
  of reserves

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2. Expand Production Near-pit resources

• Mowana Mine mineralization extends north south
  of current open pit area
• Many coincident copper-in-soil geophysical
  anomalies to be drill-tested by end 2007
• Second open pit along strike is preferred option
  for additional resources lower capital costs

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Along-strike Exploration
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Geophysical Survey
Extent of Current Drilling
Excellent possibilities for extension of sulphide
mineralisation to south below 100-metre depth
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2. Expand Production Production optimisation

• Studies underway to increase recovery of copper
  from initial open pit
• Dense Media Separation (DMS)
• Solution Extraction Electrowinning (SX-EW)
• Pit slope studies underway to decrease strip
  ratio in initial open pit
• Studies to examine risk-adjusted angles for pit
  slopes

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3. Exploration Matsitama Projects Overview

• Matsitama prospecting licenses cover 2,000 km2
• Budget of US5 million for 2007
• Two prime areas of focus
• Thakadu-Makala
• Nakalakwana Hill
• Extensive geophysics done on both areas
• On-going drill programmes

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Regional Exploration

• Extensive geophysical surveys over prospective
  trends are now complete
• Drilling commenced at Nakalakawna Hill in March
  2007
• Drilling begun on Dukwe Shear Gold targets in
  late April 2007

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Thakadu Exploration Project

• 10,000-metre diamond drilling completed at
  Thakadu 70km SE of the Mowana Mine

3.53 copper and 40 g/t silver over 32.67
metres 3.49 copper and 36 g/t silver over 31.81
metres4.20 copper and 40 g/t silver over 24.44
metres2.41 copper and 24 g/t silver over 19.84
metres Surface trenches show outcropping
mineralisation including3.74 copper and 23 g/t
silver over 20 metres3.27 copper and 21 g/t
silver over 19 metres3.72 copper and 37 g/t
silver over 11 metres
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Thakadu Resource Estimate (as of July 25, 2007)
Note RSG Global Consulting (RSG) is an
independent consulting firm commissioned by
African Copper. The above RSG estimates were
prepared under the supervision of Ken Lomberg,
Pr. Sci. Nat.. who is an employee of RSG and a
Qualified Person for the purposes of NI 43-101
in Canada. The estimate has been completed to
SAMREC, JORC and NI 43-101 definitions and
standards. All sample preparation and analyses
were completed at ALS Chemex laboratories in
Johannesburg (ISO 17025 accredited and
independent of African Copper and RSG). Copper
and silver assays are completed using standard
preparation of crushing to 70 lt 2 mm followed by
splitting and pulverizing to 85 lt 75 micron.
Analyses were generally completed utilizing 27
element four-acid ICP-AES in addition to a
four-acid ore-grade element digestion followed by
ICP-AES. Any over-limit analyses were reanalyzed
using an ore-grade four-acid digestion with AA or
ICP-AES finish. QA/QC procedures included the
submission by RSG of systematic duplicates,
blanks and both low-grade and high-grade standard
samples within the sample batches submitted to
ALS Chemex. Control samples comprise 20 of all
samples submitted. Referee analysis for the
dataset has been completed. The results of the
QA/QC programme for copper analyses have been
reviewed by RSG. RSG utilized an ordinary
kriging methodology with block size of 10m x 10m
x 3m and 1 m composites to complete the
estimates. Indicated resources in this model are
the sum of those blocks that have a minimum of 3
composite samples and a maximum of 20 composites
contained within a maximum of six drillholes that
lie within a 135 metre distance of the centre of
the block estimated. Inferred resources are the
sum of those blocks, not in indicated category,
that have a minimum of 1 composite sample and a
maximum of 50 composite samples from a maximum of
6 drillholes that lie within 180 metres of the
centre of the block estimated. Omni-directional
variograms were utilized and major and semi-major
axes of the search ellipse were rotated 45
degrees from vertical and horizontal
respectively. Average oxide bulk density was
2.61 grams per cubic centimetre and average
sulphide bulk density was 2.75 grams per cubic
centimeter.
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Thakadu

• 10,000-metre diamond drilling completed

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Thakadu Copper- in-soils

• Good correlation with drilling
• Geophysical survey targets confirmed by surface
  geochemistry

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Thakadu Geophysical survey

• New targets
• Grid extended to SE

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Regional Exploration
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4. Mergers acquisitions

• African Copper will continue to examine potential
  acquisition opportunities in southern Africa and
  other areas where strategic fit with current
  projects is determined

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African Copper Business Model
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Production from Dukwe Mining Project (Mowana
Mine) in Q1 2008
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Expand production
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• Thank you
• www.africancopper.com
• info_at_africancopper.com
• AIM/TSX ACU