ALCHEMY RESOURCES LIMITED — Interim / Quarterly Report 2012

Oct 26, 2011

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

Appendix 5B

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001.

Name of entity

ALCHEMY RESOURCES LIMITED

ABN 17 124 444 122

Quarter ended (“current quarter”) 30 September 2011

Consolidated statement of cash flows

Consolidated statement of cash flows
Cash flows related to operating activities 1.1 Receipts from product sales and related debtors 1.2 Payments for (a) exploration and evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (provide details if material) Net Operating Cash Flows	Current quarter $A’000	Year to date (3.months) $A’000
	- (837) - - (429) - 132 (4) - -	- (837) - - (429) - 132 (4) - -
	(1,138)	(1,138)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets 1.10 Loans to other entities 1.11 Loans repaid by other entities 1.12 Other (provide details if material) Net investing cash flows 1.13 Total operating and investing cash flows (carried forward)	- - (20) - - - - - -	- - (20) - - - - - -
	(20)	(20)
	(1,158)	(1,158)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

1.13 Total operating and investing cash flows (brought forward)	(1,158)	(1,158)
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Dividends paid 1.19 Other (provide details if material) Net financing cash flows	- - - (14) - -	- - - (14) - -
	(14)	(14)
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end of quarter	(1,172) 4,674 -	(1,172) 4,674 -
	3,502	3,502

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.23 Aggregate amount of payments to the parties included in item 1.2 1.24 Aggregate amount of loans to the parties included in item 1.10	Current quarter $A'000
	114
	-

• 1.25 Explanation necessary for an understanding of the transactions Remuneration paid to directors.

Non-cash financing and investing activities

• 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

N/A

• 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

N/A

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

Financing facilities available Add notes as necessary for an understanding of the position.
3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	175	175
	-	-

Estimated cash outflows for next quarter

4.1 Exploration and evaluation 4.2 Development 4.3 Production 4.4 Administration	$A’000
	900
	400
Total	1,300

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.	Current quarter $A’000	Previous quarter $A’000
5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Bank overdraft 5.4 Other (provide details) – Term Deposit	1,262	283
	-	-
	-	-
	2,240	4,391
Total: cash at end of quarter(item 1.22)	3,502	4,674

Changes in interests in mining tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements acquired or increased	Tenement reference	Nature of interest (note (2))	Interest at beginning of quarter	Interest at end of quarter
	E20/772 E51/1044	Application withdrawn Partial surrender	Application 100%	- 100%

• See chapter 19 for defined terms.

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Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

	Total number	Number quoted	Issue price per security (see note 3) (cents)	Amount paid up per security (see note 3) (cents)
7.1 Preference +securities (description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy- backs,redemptions
7.3 +Ordinary securities 7.4 Changes during quarter (a) Increases through issues: - Conversion of options - Capital raising (b) Decreases through returns of capital, buy- backs	97,447,408	97,447,408
7.5 +Convertible debt securities(description) 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted
7.7 Options - Unlisted (1) - Unlisted (2) - Unlisted (3) 7.8 Issued during quarter 7.9 Exercised during quarter - Listed - Unlisted 7.10 Expired during quarter	1,000,000 1,050,000 750,000	- - -	Exercise price $0.37 $0.50 $0.25	Expiry date 30 June 2012 30 June 2013 30 September 2012
7.11 Debentures (totals only)
7.12 Unsecured notes(totals only)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Compliance statement

1 This statement has been p repared u n der accou n ting polici e s which comply wit h acc o unting stan d ards as defi n ed in the C orporations Act or othe r standards a cceptable t o AS X (see note 4 ) .

2 This statement d o es give a tr u e and fair v iew of the m atters discl o sed.

==> picture [5 x 36] intentionally omitted <==

==> picture [54 x 36] intentionally omitted <==

==> picture [34 x 36] intentionally omitted <==

S i gn here: .............................. . ............................. Date : 27 Octobe r 2011 ( ~~Direc~~ ~~t or/~~ Compan y Secretary)

P r int name: Bernar d Crawford

Notes

• 1 The quarterly re p ort provide s a basis for informing t h e market h o w the entit y ’s activitie s hav e been financed for the past quarte r and the ef f ect on its c a sh positio n . An entit y wan t ing to disc l ose additio n al information is enco u raged to d o so, in a note or note s atta c hed to this report.

• 2 The “Nature of interest” (it e ms 6.1 an d 6.2) inclu d es options in respect o f interests i n min i ng tenemen t s acquired, e xercised or lapsed duri n g the repor t ing period. If the entit y is i n volved in a joint ventu r e agreement and there a re conditio n s preceden t which wil l cha n ge its perc e ntage inter e st in a mi n ing teneme n t, it shoul d disclose the change o f perc e ntage inter e st and cond i tions prece d ent in the li s t required f o r items 6.1 a nd 6.2.

• 3 Issued and quoted securities The issue p rice and a m ount paid u p is not required in item s 7.1 a nd 7.3 for f u lly paid sec u rities .

• 4 The definitions i n, and pro v isions of, A A SB 1022: A ccounting f or Extracti v e Industrie s and A ASB 1026: Statement o f Cash Flows apply to this report.

• 5 Accounting Standards A S X will a c cept, for e xample, t h e use of I nternationa l Acc o unting Sta n dards for f o reign entiti e s. If the st a ndards use d do not ad d ress a topic , the A ustralian st a ndard on t h at topic (if any) must be complied w i th.

== == = = == ==

• S ee chapter 19 for defined ter m s.

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