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Banro Foundation Ceremony, May 8, 2009
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 The new Naluwindja Secondary School - with six class rooms, office, library and staff common room
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 School children wait for ceremony to begin
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 School children in front of the new Naluhwindja Institute
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 Celestin Mbuya, DRC Minister of the Interior, arrives
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 Banro President Mike Prinsloo and Exec VP Johan Botha head toward the school
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 DRC Minister of the Interior greets tribal chiefs
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 Waiting for the speeches to begin
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 Celestin Mbuya, DRC Minister of the Interior, addresses the community
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 South Kivu Governor Louis Muderwa speaks to crowd
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 School children listening to speeches
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 Esperance Baharanyi, the "Mwamikazi" of Luhwindja, speaks to her people
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 Mike Prinsloo of Banro addresses the gathering
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 Colette Makila, South Kivu Minister of Mines
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 Banro VP Dan Bansah (far right) leads tour of a classroom
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 All desks and furniture were built by local carpenters
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 The Mwamizaki leads the way to the community water ceremony
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 Interior Minister and Governor cut ribbon to inaugurate water system
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 Mwamikazi and Mike Prinsloo help commemorate first potable water system in Luhwindja
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 Testing the new water system
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 Mike Prinsloo and Banro VP Martin Jones taking a ceremonial taste
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 Heading back to the Naluhwindja school
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 Luhwindja community elders
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 Central water tank for potable water system
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 Aerial view of the Naluhwindja Institute
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Lugushwa Project March 2008
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Field assistant Deogratius Kyakwimi (right) with Lugushwa core shed team |

Senior project geologist Abakari Jumanne with geologist Risasi Ombeni and project geologist Mulonda Matata |

Examining core samples at the Lugushwa core shack |
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Twangiza March 2008
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Vice-President Exploration, (fourth from left) and Exploration Manager Dr. Howard Fall (centre) briefing their senior team |

Examining core samples at the drill site |

Splitting the core with a core saw |

Drill crew at one of six rigs deployed at Twangiza |

Checking core in one of the three Twangiza core shacks |

A bird's eye view of drilling in Twangiza |
Namoya March 2008
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Field crew members Innocent Mbilzi and Jules Kilauri checking core a drill site: there drill rigs are currently deployed at Namoya |

Namoya Drilling Operations : 13,000 metres of drilling are planned for the project in 2008 |

Geologists inspect an adit on the Namoya property |

Technician recording rock chip samples |
Namoya June 2007
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Operations & Field Work

Earlier this year, Banro completed a geophysical survey of its four projects |

Stream sampling at Namoya |

Exploration Manager Dr. Howard Fall checks on drilling operations |

Drilling continues at Namoya to add and upgrade resources |

Checking and logging core |

Checking drill core |

Working on the Namoya scoping study |

Drilling at Namoya |
Community Relations

The Governor of Maniema Province and dignitaries visit the Namoya project |

Banro participates in the DRC Independence Day Celebrations |

Namoya children enjoy some free time after receiving school supplies and clothing |

Hosting a community visit at Namoya |

Martin Jones of Banro meets with Namoya community leaders and local Banro staff |

Touring the Namoya medical clinic - rehabilition of the clinic is a Banro Foundation priority |
Twangiza Project, June 2007
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Resource drilling on the Main Twangiza Deposit |

Nearby rivers have the potential to generate hydro-electric power for Banro's projects and local communities |

Financed by the World Bank, this new road through the Twangiza-Namoya gold belt is an example of the region's improving infrastructure |

Dr Peter Ruxton, Actis Capital, Banro founder Arny Kondrat, director Dr John Clarke and President Peter Cowley arriving for a visit at Twangiza |

Senior Project Geologist Chris Bawah discusses the 2007 drilling program with Banro investors and directors |

Banro's chief geologist Dr Howard Fall with Dr Peter Ruxton, Actis Capital |

Banro's two helicopters immediately below one of the four drilling sites at Twangiza |

Helicopter assisted drilling at Twangiza |

Senior project geologists Chris Bawah (l) and Mark Hannam (r) with geologist Manya Nyamukere examining drill core |

Four drilling rigs produce a lot of drill core! |

View of the Twangiza hills from the exploration camp |

Up, up and away! |

Senior project geologist Chris Bawah with Rob Edwards, Renaissance Capital, Chris Wozniki of RBC Capital Markets and director Richard Lachcik |

Banro director Bernard van Rooyen with Company founder Arny Kondrat |
Lugushwa Project, June 2007
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Aerial view of the Lugushwa field camp |

The "meeting place," heart of the Lugushwa field camp |

Diamond drilling at the D18 prospect |

Drilling at D18, as seen from a distance |

Checking core at the Carriere A prospect |

Logging core at the Lugushwa base camp |

Geologist Yogolelo Mukokya presents to Banro directors and investors |

President Peter Cowley with Lugushwa geologists and logistics staff |
Namoya Project, October 2006
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Drilling continues to expand and upgrade the Namoya resource |

Core cutting at Namoya |
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| Core from the Namoya drilling program being logged (left) and sampled. |
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| Soil sampling and trenching continues over geochemical and artisinal targets at the prospective Muviringu, Seketi and Filion B prospects. |
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| The Kimbaseke bridge, built by the Banro Foundation, shown under construction (left) and completed, spans the Kama River near Namoya. |
Twangiza Project, August 2006
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Aerial view of the Twangiza ridge |

One of four drilling rigs deployed at Twangiza |

Drilling high above the Twangiza field camp |

One of Banro's two Eurocopter B2s being used to move equipment |
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Banro plans 18,000 metres of drilling at Twangiza in 2006 |

Core samples from the Twangiza drilling program |

Banro President Peter Cowley inspects drill core |
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Banro President Peter Cowley, Mike Skead, VP Exploration, and the Twangiza team viewing core samples |
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This community road, recently built by Banro, serves the people of Mbwega
near Twangiza. |
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Employees and local residents pose proudly on the new bridge near Luhwinja, built by
the Banro Foundation. |
November 2005
Recent photos of Banro's exploration and related activities in the DRC
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Banro begins work at Twangiza, its most advanced project.
 Twangiza camp construction in progress |
 Trenching in progress |
 Baseline in progress |
 Establishing the baseline origin point |
 Banro Foundation distributing stationery to primary schools in Twangiza |
 Supporting basic education is a primary focus of the Banro Foundation |
 Previous kitchen facilites at Lubwinja hospital, near Twangiza |
 New kitchen facilities being built by the Banro Foundation |
 Constructing bridges and roads benefits Banro and its neighbours |
 Testing the new bridge at Twangiza |
 Kibuti Workings, approximately 3 km north of the main Twangiza Workings, on the Twangiza Anticline Axis |
 Looking south from Twangiza |
Photographs from Lugushwa
 Aerial view of Lugushwa camp |
 Trenches at the G20 - Prospect |
 Mapale Prospect |
 Kimbangu Trench, Lugushwa (39 m @ 8.67g/t) |
 Visible gold in bedding-parallel vein of grey quartz, Kilima Prospect, Lugushwa |
 Gold tail, Cariere A Prospect, Lugushwa |
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| Three generations of quartz mineralisation, Cariere A Prospect:, Lugushwa: (i) grey quartz, brecciated and contained within (ii) veins of sugary white quartz, cut by (iii) white glassy quartz. Host metasediment contains disseminated arsenopyrite. |
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