ALCHEMY RESOURCES LIMITED — Interim / Quarterly Report 2014

Jan 30, 2014

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ASX RELEASE

DECEMBER 2013 QUARTERLY REPORT

31 JANUARY 2014

Highlights

CORPORATE

CODE: ALY

BOARD OF DIRECTORS

Mr Oscar Aamodt Non-Executive Chairman

Ms Sofia Bianchi Non-Executive Director

Mr Lindsay Dudfield Non-Executive Director

Mr Anthony Ho Non-Executive Director

ISSUED CAPITAL SHARES 156,852,955 OPTIONS 975,000 (Unlisted)

• Independence Group (ASX: IGO) to explore and earn an interest in base metal prospective tenements at Bryah Basin

• IGO may earn up to an 80% interest in all minerals, excluding iron ore, by sole funding $6.5M on exploration over 6 years

• Alchemy free-carried to completion of a Pre-Feasibility Study and carried on an interest free deferred basis for a further $5M of Definitive Feasibility Study expenditure

• Alchemy retains 100% interest in existing gold resources and to focus on drill testing high-grade gold targets

• Rights Issue to fund drilling of gold targets at Bryah Basin announced

BRYAH BASIN PROJECT

PROJECTS

BRYAH BASIN (80-100%) MURCHISON (80-100%)

• Pipeline of gold targets identified through advances in understanding of key controls on mineralisation

• Interpretation of ground magnetics delineates new gold targets in the Seaborg-Central Bore corridor

Level 2/72 Kings Park Road WEST PERTH WA 6005

Phone: +61 8 9481 4400 Facsimile: +61 8 9481 4404 www.alchemyresources.com.au

• Follow-up RC drilling program targeting high-grade gold at Seaborg and Central Bore West to commence on completion of fund raising

• Aircore and shallow geochemical drilling of priority areas at Winchester, Seaborg and Central Bore West planned for next quarter

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• First-pass drilling in December quarter extends Sandfires’ North Robinson Range multi-element anomaly over 15km into Magnus target area

• Multiple geophysical and geochemical copper-gold targets remain untested along +45km long VMS prospective corridor

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Bryah Basin Project

Alchemy’s Bryah Basin Project comprises a 630km[2] ground package, located 130km NE of Meekatharra, Western Australia. The project is located along strike and west of Sandfire Resources’ DeGrussa copper-gold mine and southeast of Horseshoe Metals’ Horseshoe Lights copper-gold project, and adjacent to Peak Hill where about 1Moz of gold has been mined from several deposits ( Figure 1 ). The Project currently has Indicated Resources of 300,000oz gold (4.7Mt @ 2.0g/t gold) at Hermes and Wilgeena ( see ASX announcement dated 22 October 2012 ).

Alchemy holds 100% interest in the landholding with the exception of several tenements held in joint-venture with Jackson Minerals Pty Ltd (20%), a subsidiary of Fe Ltd (ASX: FEL).

Alchemy is focussed on unlocking the gold and base metal potential across the Bryah Basin Project employing innovative geochemical and geophysical methods in conjunction with drill testing of priority targets.

In the December Quarter, systematic assessment and targeted exploration continued to unlock the broader potential of the Project region for base metal and gold deposits. Following the return of high-grade gold intercepts from initial drilling at the Seaborg Prospect ( see ASX announcement dated 15 October 2013 ), the Company is focusing near-term exploration objectives onto the Seaborg Prospect and the other gold targets in the Bryah Basin. Multiple bedrock conductors and geochemistry anomalies associated with prospective volcanogenic massive sulphide (VMS) horizons along the +45km long prospective corridor within remain untested across the Project.

Subsequent to the Quarter end, Alchemy signed a Letter Agreement with leading Australian base metal and gold producer Independence Group NL (ASX: IGO) (“ IGO ”) to explore and earn an interest in the Company’s Bryah Basin Project ( see ASX announcement dated 30 January 2014 ).

The Agreement covers all commodities, excluding iron ore, and relates to whole and part tenements that cover the base metal prospective part of the Bryah Basin Project ( Figure 1 ). Alchemy retains the remaining gold prospective landholding, including 100% interest in existing gold resources and significant exploration upside.

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Figure 1: Bryah Basin Project – Alchemy tenements, IGO Joint Venture Area and gold and base metal prospects.

Quarterly Report 1 October 2013 – 31 December 2013

2

The key terms of the Agreement include:

• Subject to and conditional upon completion of necessary consents and execution of certain deeds of assignment as may be required, IGO to spend a minimum of $500,000 on exploration expenditure (Initial Expenditure) over a period of 12 months on the whole and part base metal prospective tenements ( Joint Venture Area ), and has the right to continue exploring the Joint Venture Area after this point, or withdraw with no interest.

• If IGO elect to continue and enter into a farm-in and joint venture arrangement (the Joint Venture ), IGO may spend a further $6,000,000 on the Joint Venture Area ( Earn-in Expenditure ) within 5 years to earn:

• an 80% interest (excluding iron-ore rights) in the Joint Venture Area for the tenements held 100% by Alchemy,

• a 70% interest (excluding iron ore rights) in the Joint Venture Area for four tenements, E52/1668, E52/1678, E52/1722 and E52/1730, whereby IGO would hold 70%, Alchemy 10% and Jackson Minerals Pty Ltd (“ Jackson ”) would maintain its 20% interest free-carried to a decision to mine.

• If the Earn-In Expenditure is not incurred during the period, the agreement will terminate and IGO will retain no interest in the Joint Venture Area.

• Upon IGO fulfilling the Earn-In Expenditure, Alchemy (and Jackson on tenements where they retain an interest) will be free-carried on further exploration to completion of a Pre-Feasibility Study ( PFS ) within the meaning of the JORC Code 2012, which will include resources defined to at least Indicated Resource status.

• Following completion of the PFS, IGO will carry Alchemy on an interest free deferred basis to either completion of a Definitive Feasibility Study ( DFS ) within the meaning of the JORC Code 2012 or to expenditure by IGO of a further $5,000,000 towards the DFS on a 100% basis, whichever occurs sooner ( Deferred Carry Period ).

• Upon completion of the DFS or the expenditure of the further $5,000,000 towards the DFS, whichever occurs sooner, Alchemy will then contribute towards expenditure of the Joint Venture in accordance with its interest.

• Should both parties continue on from the DFS to production, Alchemy agrees to repay to IGO the deferred amount incurred during the Deferred Carry Period. Such payment will comprise an amount equal to 50% of Alchemy’s share of profits earned through production.

• Following the Deferred Carry Period, if either party elects not to contribute to expenditure of the Joint Venture, then industry standard dilution formulas will apply down to a 5% interest.

• If a party’s interest dilutes below 5%, it will revert to a 1% net smelter royalty ( NSR ).

Please refer to the ASX announcement dated 30 January 2014 for further information.

A significant benefit of the Agreement with IGO is that Alchemy will be joining forces with one of Australia’s leading base metal and gold mining companies to rapidly advance the exploration for base metals in the Bryah Basin. It also enables Alchemy to focus on drill testing high-grade gold targets, including Seaborg, as well as commencing to test historic gold intercepts and recently delineated high priority gold targets.

Advanced geological and structural understanding

A reappraisal of the Bryah Basin Project during the December Quarter has highlighted the potential of the district to host large gold deposits and established a pipeline of advanced to grass roots gold targets requiring further systematic exploration and targeted drilling campaigns. The comprehensive review generated a new geological model and a fresh understanding of the likely source and location of high-grade gold mineralisation within the Project area.

Quarterly Report 1 October 2013 – 31 December 2013

3

Detailed field mapping and geophysical studies undertaken by Alchemy indicate that there are multiple episodes and styles of gold mineralisation within the Bryah Basin. ‘Peak Hill-style’ gold mineralisation predominates with mineralisation mainly hosted in the multiply-deformed Peak Hill Schist, and includes the Hermes and Wilgeena deposits and Central Bore prospect. Mineralisation is thought to represent an early shear-hosted mineralisation style, typically best developed proximal to major lithological contacts.

The mineralised shear-zones are themselves strongly deformed by subsequent deformation events (folding and faulting), which has led to a strong ‘thickening’/plunge control of high-grade mineralisation, resulting in strong potential for ‘small-footprint’ and ‘blind’ mineralisation. Field mapping and interpretation of aeromagnetic and ground magnetic data has led to these mineralised shear-zones being able to be ‘mapped’, with mineralisation possibly localised at major lithological contacts, and which are now identifiable as curved or folded mineralised corridors ( Figure 2 ).

With the exception of Central Bore, all of the areas with known gold mineralisation (e.g., Hermes, Wilgeena) were discovered in ‘windows’ of outcropping geology using surface geochemistry. Away from these areas, the effectiveness of surface geochemistry has been hampered by widespread, typically thin, transported cover. It is now recognised that the potential gold mineralisation corridors extend under the transported cover and that shallow geochemical drilling is required to effectively test key areas along the concealed corridors.

Bearing this in mind, it is recognised that much of the Project area is effectively untested for gold mineralisation and a number of the mineralised corridors represent priority targets for systematic exploration and drill testing. In addition to follow-up RC drilling at Seaborg and Central Bore West, a number of the priority targets along these mineralised corridors will be tested with either Aircore drilling or with shallow geochemical drilling to effectively explore beneath the transported cover ( Figure 2 ). There are also some areas with historic gold intercepts and/or existing gold-in-soil anomalies that require a more advanced level of follow-up exploration.

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Figure 2. Bryah Basin Project – gold target areas – priority drilling programs outlined over gold mineralisation corridors.

Quarterly Report 1 October 2013 – 31 December 2013

4

Seaborg – Central Bore gold corridor

High-grade gold assay results (51m @ 3.71 g/t Au from surface in CBRB001 and 23m @ 3.16 g/t Au from 16m in CBRB002) returned from an initial RAB drilling program at the Seaborg gold prospect ( Figure 2 ) confirm and extend a high-grade gold intersection (27m @ 5.43g/t Au from 15m) in a historic hole drilled by Troy Resources ( see Quarterly Report for period ending 30 September 2013 ). The one-metre fire and screen fire results indicate a significant level of continuity in gold grade down-hole and that drilling stopped within the gold mineralised zone. The results also indicate that there are intervals with higher gold grade within the mineralised zone, including 5m @ 6.03 g/t Au from 1m and 14m @ 6.59 g/t Au from 23m in CBRB001.

In combination with limited historic drilling at Seaborg, the results indicate gold mineralisation is associated with quartz veins in sheared and fuchsite-pyrite altered wall-rock and is possibly a high grade shoot that plunges steeply to the east. The drilling suggests the shoot may lie within an east-northeast-trending gold mineralised zone ( Figure 3 ), interpreted from field mapping and images of recently completed ground magnetic surveys. The Seaborg prospect is also localised in a zone of demagnetisation, a feature attributed to the destruction of magnetic minerals during hydrothermal alteration associated with gold mineralisation.

Targeted RC drilling is planned to determine the orientation and plunge of the interpreted high-grade shoot as well as the strike and depth extent of mineralisation. This planned RC drilling will incrementally step-out both along-strike and down-plunge from the existing defined ‘lode’ and is scheduled to commence in February 2014.

Additional structural targets have been delineated from interpretation of the detailed ground magnetic surveys completed across the Seaborg – Central Bore corridor ( Figure 3 ). Many of these targets have coincident zones of demagnetisation and represent priority targets for shallow geochemical and/or aircore drill testing.

East of the Seaborg Prospect a large gold-in-soil anomaly has been identified in an area where the regolith environment is likely more amenable to surface sampling. This area has only been tested with very limited historic shallow drilling and represents a priority target area (Figure 3). Targeted shallow geochemical drilling is planned to commence in March 2014 to assist delineation of robust drilling targets in this area.

To the west of the Seaborg Prospect ( Figure 3 ), regolith mapping indicates that previous surface geochemistry along the interpreted mineralised corridor was likely ineffective. Shallow geochemical drilling to define gold anomalies along concealed sections of the corridor between Seaborg and Pelorus prospects is planned to commence in the first Quarter of 2014.

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Figure 3: Seaborg – Central Bore mineralisation corridor – RC, Aircore and shallow drilling targets over magnetic image.

Quarterly Report 1 October 2013 – 31 December 2013

5

Previous, broad-spaced Aircore and RC drill testing of gold targets at Central Bore West prospect returned highgrade gold intercepts, including 2m @ 8.75 g/t Au from 68m in CBAC090 and 1m @ 11.5 g/t Au from 62m and 1m @ 4.62 g/t Au from 78m in CBRC054. Follow-up RC drilling is planned to incrementally ‘step-out’ from known mineralisation to delineate mineralised shoots.

Exploration to date on the Central Bore area has shown that the mineralised corridor is also open to the east and west and much of the historic drilling may not have tested below the transported and/or leached regolith profiles. In this area the thickness of the transported cover is variable up to 25m, resulting in the previous shallow drilling (less than 20m depth) being largely ineffective. Additional targeted Aircore drilling along the mineralised corridor ( Figure 3 ) is planned in commence in March 2014 to test the major granite-sedimentary contact zone striking approximately east-west.

Hermes – Winchester gold corridor

Additional gold targets have been identified to the north-east and south-west of the Hermes resource area ( Figure 2 ). The Hermes deposits are effectively exposed at surface, with a strong soil anomaly over the deposits, which guided most of the subsequent exploration. Geological mapping indicates that the host structural corridor to the north-east and south-west is overlain by transported cover, which may have inhibited the surface geochemistry response. Limited historic stream sediment sampling returned elevated gold assays along this concealed mineralisation corridor to the north-east.

Shallow geochemical drilling is planned for the mineralisation corridor to the north-east of Hermes to obtain gold and multi-element geochemistry to identify zones for follow-up Aircore drilling ( Figure 4 ). The 4 km long Winchester target area is situated in an area of structural complexity with favourable lithological contacts and represents a priority target.

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Figure 4: Hermes – Winchester mineralisation corridor – proposed shallow drilling target zone. Top – target relative to areas of transported cover over gold-in-soil response. Bottom – target relative to aeromagnetic image.

Quarterly Report 1 October 2013 – 31 December 2013

6

Additional gold targets

A number of additional target zones have been delineated within the Peak Hill Schist ( Figure 2 ), and these represent key areas for further exploration. A regional, curved structure linking the Central Bore and Hermes mineralised trends is apparent from geological mapping and geophysical images. Historic gold exploration along this structure is limited, with best results returned from the Jones and Henry prospects, including 3m @ 250 g/t Au from OPAC126, and 3m @ 41 g/t Au from OPAC246.

The majority of the historic drilling did not test the structural corridor, with areas to the north-west (towards the south-west end of the Hermes mineralised trend) and to the south-east (towards the Central Bore – Seaborg mineralised corridor) increasingly affected by transported cover. Aircore drilling testing a historic gold-in-soil anomaly at Henry North and shallow geochemical drilling over a 5 km long section of the Tycho Prospect ( Figure 2 ) is planned.

Additional curvilinear gold target zones ( Figure 2 ) have been delineated between some of the other known prospects and mines, such as Wilgeena, Mount Pleasant and St Crispin, where they are generally associated with regional lithological boundaries and/or interpreted structural features. Interpretation of field mapping and historic surface geochemistry is continuing, taking into account the nature of regolith.

‘Pyritic conglomerate-style’ gold mineralisation at the Zosimos prospect ( Figure 2 ) is confined to highly deformed sulphidic quartzites and quartz-pebble conglomerates within the Peak Hill Schist. This mineralisation represents a poorly recognised style that to date has been identified from gold intercepts in historic exploration reports. Field mapping and targeted surface geochemistry sampling is continuing with the objective of delineating priority targets to be drill tested in the second Quarter of 2014.

Shallow drill testing of copper-gold targets

First-pass rotary air-blast (RAB) drill testing returned encouraging results that have extended Sandfire Resources’ North Robinson Range multi-element anomaly over 15km into the Magnus VMS target zone ( Figure 5 ). The approximately 10,000m broad-spaced (800m by 80-160m reconnaissance drill lines) shallow drilling program tested priority areas within the prospective Narracoota volcano-sedimentary sequence and contact with the overlying Ravelstone sequence.

The program collected regional geochemical samples, primarily to access the VMS potential within the Narracoota sequence, but also to test for gold along major structural contacts within this stratigraphic succession. Systematic 4m-composite gold and bottom-of-hole (BOH) multi-element assays in conjunction with readings from a portable XRF analyser and a field-portable spectral mineral analyser on drill spoil from 1m samples delineate a number of strike-extensive horizons with geochemical anomalies that require follow-up work ( see ASX announcement dated 11 November 2013 ).

Interpretation of the BOH multi-element data using a combination of elements generally associated with VMS mineralising systems (namely Cu-Au-Ag-Zn-Bi-Pb-Mo-Se-Te-W), as well as elements associated with distal VMS features (including Ba, As, Rb, Mn), suggests the North Robinson Range multi-element anomaly extends a further 15km across the southern and central Magnus areas ( Figure 5 ). The anomaly forms a strike-extensive zone associated with mafic volcanics and associated volcaniclastics and sediments in the ‘upper’ Narracoota and overlying Ravelstone sequences.

The BOH data also delineate a narrower, discontinuous ‘lower’ Narracoota position ( Figure 5 ), interpreted to be at the approximate stratigraphic position of Sandfire’s DeGrussa copper-gold deposit. Previous drilling in proximity to the eastern part of the anomaly returned copper anomalism, including 3m @ 0.25% Cu in MGDD005.

Quarterly Report 1 October 2013 – 31 December 2013

7

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Figure 5. Bryah Basin Project – strike-extensive, multi-element anomalism in the Magnus VMS target zone.

Assessment of the portable XRF readings and 4m-composite gold assays delineates a number of strike-extensive anomalies that, in general, overlap with the two anomalous areas identified in the BOH multi-element assays ( Figure 5 ). A strike-extensive anomaly coincides with the ‘upper Narracoota’ trend has been defined in two parts across the southern Magnus target zone, with the central part anomalous in Au-Cu-Ag±Zn and the eastern part, which abuts the western edge of the North Robinson Range anomaly, anomalous in Au-Cu-Pb±Zn. A second anomaly, coincident with the interpreted DeGrussa multi-element trend position within the Narracoota sequence, has also been defined in two parts with the central part is anomalous in Au-Cu-Pb±Ag and the eastern part anomalous in Au-Cu.

An additional strike-extensive anomaly is localised in the central Magnus target area between the two anomalies defined from the BOH multi-element data ( Figure 5 ) and is anomalous in Au-Cu-Zn±Pb. A fourth Au-Cu anomaly is not coincident with any multi-element trend.

The anomalous results are associated with volcanogenic sedimentary rocks, basalt and dolerite over a strike length exceeding 15km. In combination, the BOH multi-element and gold assays and portable XRF readings independently delineate strike-extensive anomalism in, at least, four stratiform positions. These positions are interpreted to represent horizons developed during episodic VMS-style base metal mineralising events. Importantly, two of these positions are interpreted to represent the stratigraphic positions of the DeGrussa and Horseshoe Lights copper-gold mineralisation.

Geophysical and geochemical copper – gold targets

As previously reported, a number of widespread multi-element geochemical anomalies and geophysical bedrock conductors associated with VMS prospective horizons within the +45km long Narracoota sequence corridor remain untested across the Bryah Basin Project.

Eight distinct conductors, including the MT-36 conductor in the Magnus target area, defined from the EM surveys remain untested. Two strong conductors identified in the Neptune area may be related to sulphide-bearing black shale horizons adjacent to the basal contact of the overlying Narracoota sequence. The stratigraphic position of the surface rocks and the associated bedrock conductors place the remaining six targets at or close to the contact

Quarterly Report 1 October 2013 – 31 December 2013

8

of sulphide-bearing black shale horizons with the lower-most Narracoota sequence, interpreted to be a prospective VMS mineralised horizon.

Widespread, anomalous base metal, gold and pathfinder assay results from shallow drilling have previously defined multiple coherent broadly anomalous horizons in the Neptune, Churchill and Fiddler areas ( Figure 1 ), and these are also interpreted to be related to VMS-style base metal mineralising processes at the DeGrussa and Horseshoe Lights positions.

The agreement with IGO provides an opportunity for the base metal exploration of the Bryah Basin Project to be accelerated. IGO intends to apply its proprietary state-of-the-art geophysical tools and renowned in-house geological team to comprehensively evaluate the prospective Narracoota stratigraphy on the farm-in tenements.

Murchison Projects

Assessment of the Company’s Murchison tenements continued with evaluation of the Big Bell North and Jeffery Well projects. Aircore drilling programs at Jeffery Well and Big Bell North (Alchemy 80%, Jindalee 20%) and Gidgee South (Alchemy 100%) in 2010 and 2011 delineated zones of gold anomalism localised in a structural corridor at the regional lithological contact between basaltic and felsic-intermediate volcaniclastic rocks. The Jeffery Well and Gidgee South prospect areas were initially targeted based on regional fault flexures identified from Alchemy’s 3D Murchison GOCAD model, which may represent the northern continuation of the highlymineralised Big Bell – Meekatharra shear zone, host to the Big Bell gold deposit (3.9 Moz). The Murchison District is prospective for not only large lode gold systems but also for narrow high grade gold systems, similar to the gold mineralisation identified north of Meekatharra at Andy Well by Doray Minerals Limited.

The Big Bell North (Alchemy 80-100%; Jindalee 20-0%) area hosts volcanic sequences with significant base metal potential. Historic exploration north and south of the eastern side of the Big Bell North project indicates base metal anomalism associated with felsic and mafic volcanic sequences in the Wattagee Hill area. Further interpretation is being undertaken prior to further exploration.

The Company is seeking joint venture partners to fund exploration of the prospective gold and base metal prospects and untested targets within the Murchison Project.

Corporate

The Agreement with IGO represents a substantial financial investment by IGO that reduces Alchemy’s financial risks to project advancement. Should a high-value base metal discovery be made, Alchemy retains the right to participate as a 20% partner, an equity position that should deliver significant value to shareholders.

Alchemy is conducting a pro-rata non-renounceable offer to all eligible shareholders to raise up to $1.96M (before costs) ( Offer ) ( see ASX announcement dated 11 December 2013 ). To allow eligible shareholders sufficient time to participate in the Offer, the Company has extended the closing date for the Offer to 14 February 2014 ( see ASX announcement dated 30 January 2014 ). The funds raised from the Offer will be primarily used to advance drilling activities at the Company’s Bryah Basin gold prospects.

The Company secured the support of Oscar Aamodt and Lindsay Dudfield, directors of the Company, who have agreed to partly underwrite the Offer up to $350,000.

Quarterly Report 1 October 2013 – 31 December 2013

9

The Annual General Meeting of Alchemy Resources was held on 26 November 2013, with all resolutions passed on a show of hands.

At 31 December 2013, the Company retains a cash balance of $0.6M and is continuing to carry out the Company’s exploration program for high-grade gold deposits on its Bryah Basin landholding.

Alchemy remains focussed on reducing its costs wherever possible so that it can maximise expenditure on costeffective gold exploration of the Bryah Basin Project.

Please direct enquiries to: Mr Oscar Aamodt – Chairman Dr Kevin Cassidy – Chief Executive Officer

Telephone: +61 8 9481 4400

The information in this report that relates to Exploration Results is based on information compiled by Dr Kevin Cassidy, who is a Fellow of the Australian Institute of Geoscientists and is a fulltime employee of Alchemy Resources Limited. Dr Cassidy has sufficient experience that is relevant to the style of mineralisation, type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration, Results, Mineral Resource and Ore Reserves’. Dr Cassidy consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

The information in this report that relates to Mineral Resources at the Hermes Gold Deposit and Wilgeena Gold Deposit is based on information compiled by Mr Simon Coxhell of CoxsRocks Pty Ltd, who is a Member of the Australian Institute of Geoscientists and a Member of the Australasian Institute of Mining and Metallurgy and is a consultant to Alchemy Resources Limited. Mr Coxhell has sufficient experience that is relevant to the style of mineralisation, type of deposit under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the ‘Australasian Code for Reporting of Exploration, Results, Mineral Resource and Ore Reserves’. Mr Coxhell consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

Alchemy confirms that the Exploration Results and the Indicated Mineral Resource at the Hermes Gold Deposit and Wilgeena Gold Deposit were prepared and first disclosed under JORC 2004. These have not been updated since to comply with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (‘JORC 2012’) on the basis that the information has not materially changed since it was last reported. Alchemy further confirms that since announcing the Indicated Mineral Resource at the Hermes Gold Deposit and Wilgeena Gold Deposit on 22 October 2012, it is not aware of any new information or data that materially affects the information included in that announcement and that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed.

Quarterly Report 1 October 2013 – 31 December 2013

10

Appendix 1: Schedule of Mining Tenements as at 31 December 2013

Project/Tenement	Location	Interest	Co-holder/Joint Venture Partner	Notes
Bryah Basin Project	Western Australia
E52/1668		80%	Jackson Minerals PtyLtd	1
E52/1678		80%	Jackson Minerals PtyLtd	1
E52/1722		80%	Jackson Minerals PtyLtd	1
E52/1723-I		100%*	PepinNini Robinson Range PtyLtd	2
E52/1730		80%	Jackson Minerals PtyLtd	1
E52/1731		100%
E52/1810		100%
E52/1852		100%
E52/1881		100%
E52/2360		100%*		3
E52/2361		100%*		3
E52/2362		100%*		3
L52/116		100%
L52/117		100%
L52/118		100%
M52/685		100%*		3
M52/722		100%*		3
M52/723		100%*		3
M52/737		100%*		3
M52/753		100%*		3
M52/795		100%*		3
M52/796		100%*		3
M52/797		100%*		3
M52/844-I		100%*		3
M52/1049		100%*		3
P52/1167		80%	Jackson Minerals PtyLtd	1
P52/1168		80%	Jackson Minerals PtyLtd	1
P52/1195		80%	Jackson Minerals PtyLtd	1
P52/1196		80%	Jackson Minerals PtyLtd	1
P52/1199		100%
P52/1200		100%
P52/1314		100%*		3
P52/1315		100%*		3
P52/1316		100%*		3
P52/1317		100%*		3
P52/1318		100%*		3
P52/1320		100%*		3
P52/1321		100%*		3
P52/1322		100%*		3
P52/1323		100%*		3
P52/1327		100%*		3
P52/1365		100%*		3
P52/1425		100%
P52/1427		100%
P52/1428		100%
P52/1429		100%
P52/1467		100%
P52/1468		100%
P52/1469		100%
P52/1470		100%

Quarterly Report 1 October 2013 – 31 December 2013

11

Project/Tenement	Location	Interest	Co-holder/Joint Venture Partner	Notes
Murchison Project	Western Australia
E20/507		80%	Jindalee Resources Ltd	4
E20/594		80%	Jindalee Resources Ltd	4
E20/610		80%	Jindalee Resources Ltd	5
E20/667		100%
E20/748		100%
E51/859		100%
E51/1476		100%

Notes:

• 100% mineral rights for all minerals, excluding iron ore.

• Jackson Minerals Pty Ltd retains a 20% interest free-carried to a decision to mine.

• 100% “Other” mineral rights (excludes iron ore); Robinson Range Iron Ore JV – 100% iron ore.

• 100% other minerals rights (excludes iron ore); Carey Mining Iron Ore JV – Alchemy Resources 50%, Carey Mining 50% iron ore.

• Jindalee Resources Ltd retains a 20% interest free-carried to a decision to mine.

• Alchemy Resources 80% legal and beneficial interest; in process of being transferred.

Quarterly Report 1 October 2013 – 31 December 2013

12