ALCHEMY RESOURCES LIMITED — Interim / Quarterly Report 2014

Jan 30, 2014

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

Rule 5.5

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013

Name of entity

ALCHEMY RESOURCES LIMITED

ABN17 124 444 122	Quarter ended (“current quarter”)
17 124 444 122	31 December 2013

Consolidated statement of cash flows

Cash flows related to operating activities1.1Receipts from product sales and relateddebtors1.2Payments for (a) exploration & evaluation(b) development(c) production(d) administration1.3Dividends received1.4Interest and other items of a similar naturereceived1.5Interest and other costs of finance paid1.6Income taxes paid1.7Other (provide details if material)Net Operating Cash Flows	Current quarter$A’000	Year to date(6 months)$A’000
	-(326)--(184)-11(1)--	-(727)--(345)-35(3)--
	(500)	(1,040)
Cash flows related to investing activities1.8Payment for purchases of: (a) prospects(b) equity investments(c) other fixed assets1.9Proceeds from sale of:(a) prospects(b) equity investments(c) other fixed assets1.10Loans to other entities1.11Loans repaid by other entities1.12Other (provide details if material)Net investing cash flows1.13Total operating and investing cash flows(carried forward)	---------	---------
	-	-
	(500)	(1,040)

• See chapter 19 for defined terms.

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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

1.13Total operating and investing cash flows(brought forward)Cash flows related to financing activities1.14Proceeds from issues of shares, options, etc.1.15Proceeds from sale of forfeited shares1.16Proceeds from borrowings1.17Repayment of borrowings1.18Dividends paid1.19Other (provide details if material)Net financing cash flowsNet increase (decrease) in cash held1.20Cash at beginning of quarter/year to date1.21Exchange rate adjustments to item 1.201.22Cash at end ofquarter	(500)---(12)--(12)(512)1,091-579	(1,040)---(23)--(23)(1,063)1,642-579

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

1.231.24	Aggregate amount of payments to the parties included in item 1.2Aggregate amount of loans to the parties included in item 1.10	Current quarter$A'000
		11
		-
1.25	Explanation necessaryfor an understandingof 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

• 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

• See chapter 19 for defined terms.

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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1Loan facilities3.2Credit standby arrangements	Amount available$A’000	Amount used$A’000
	73	73
	-	-

Estimated cash outflows for next quarter

4.1Exploration and evaluation4.2Development4.3Production4.4Administration	$A’000
	275
	-
	-
	180
Total	455

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (asshown 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
5.1Cash on hand and at bank5.2Deposits at call5.3Bank overdraft5.4Other (provide details) – Term Deposits	354	744
	-	-
	-	-
	225	347
Total: cash at end of quarter(item 1.22)	579	1,091

Changes in interests in mining tenements and petroleum tenements

6.1Interests in miningtenements and petroleumtenements relinquished,reduced or lapsed6.2Interests in miningtenements and petroleumtenements acquired orincreased	Tenementreference andlocation	Nature of interest(note (2))	Interest atbeginningofquarter	Interest atend ofquarter
	E20/549 (WA)	Expired	80%	-
	P52/1467 (WA)P52/1468 (WA)P52/1469 (WA)P52/1470(WA)	GrantedGrantedGrantedGranted	----	100%100%100%100%

• See chapter 19 for defined terms.

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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

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.

7.1Preference+securities(description)7.2Changes during quarter(a) Increases throughissues(b) Decreases throughreturns of capital, buy-backs,redemptions	Total number	Numberquoted	Issue price persecurity (seenote 3) (cents)	Amount paidup per security(see note 3)(cents)
	-	-
	--	--
7.3+Ordinary securities7.4Changes during quarter(a) Increases throughissues(b) Decreases throughreturns of capital, buy-backs	156,852,955	156,852,955
	--	--
7.5+Convertible debtsecurities(description)7.6Changes during quarter(a) Increases throughissues(b) Decreases throughsecurities matured,converted	-	-
	--	--
7.7Options (descriptionand conversion factor)7.8Issued during quarter7.9Exercised during quarter7.10Expired during quarter	975,000	-	Exercise price$0.40	Expiry date30 Apr 2015
	-	-
	-	-
	-	-
7.11Debentures(totals only)	-	-
7.12Unsecured notes(totals only)	-	-

• See chapter 19 for defined terms.

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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 5).

• 2 This statement does /does not* (delete one) give a true and fair view of the matters disclosed.

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Sign here:

............................................................ Date: 31 January 2014 ( Director /Company secretary)

Print name: Bernard Crawford

Notes

• 1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

• 2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements and petroleum tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement or petroleum tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

• 3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities .

• 4 The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Financial Reporting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

== == == == ==

• See chapter 19 for defined terms.

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