ASARA RESOURCES LIMITED — Capital/Financing Update 2019

May 16, 2019

ASX/Media Announcement 17 May 2019

Kouri Exploration Update

Highlights:

• Recently commenced 17,000m RC drilling and 4,000m diamond drilling program at Kouri progressing well.

• Drill holes completed to date include:

• 4 holes in the Footwall Shear area (river channel) to follow-up a recent high-grade drill intercept of 4m at 44.7g/t gold (BARC327); and

• 3 infill holes within a higher-grade area of mineralisation in the southern portion of the 1.4Moz gold Mineral Resource where previous holes returned intercepts of 3m at 20.8g/t gold and 8m at 3.6g/t gold (BARC284) and 14m at 3.3g/t gold (BARC111).

• First batch of assays from the drilling program expected within 2 - 3 weeks.

• Trenching at Red Hill delivers an intercept of 5m at 1.6g/t gold was obtained in NTR006.

• 30 rock chip samples collected from within the project area. Best results include:

• 2.2g/t gold from a zone of strong quartz veining exposed in an historical pit 175m along strike to the west of

• the intercept of 4m at 44.7g/t gold; and

• 3.4g/t gold from a newly identified zone of gold mineralisation located 2km west of Red Hill.

• Mapping and rock chip sampling has commenced in the Goueli and Margou permit area.

Emerging West African gold developer, Golden Rim Resources Ltd (ASX: GMR) ( Golden Rim or the Company ), is pleased to provide an update on its current mineral exploration program at its 100% owned Kouri Gold Project ( Kouri ) in Burkina Faso.

Reverse Circulation (RC) and Diamond Drilling

As previously reported, a 17,000m RC drilling and 4,000m diamond drilling program has commenced at Kouri, utilising Capital Drilling Limited’s multi-purpose rig.

The RC portion of the drilling program is being conducted first, with the diamond drilling to be conducted during the rainy season (July – August).

RC drilling commenced in the river channel area of the Footwall Shear, following-up a recently obtained high-grade drill intercept of 4m at 44.7g/t gold (BARC328) (Figure 1). Four holes (BARC337 – BARC340) have been completed at the Footwall Shear and the rig is now drilling infill holes (BARC341 – BARC343 completed to date) in an area of highergrade gold mineralisation situated in the southern portion of the Mineral Resource.

Golden Rim Resources Ltd I ABN 39 006 710 774 I Level 2, 609 Canterbury Road, Surrey HillsVIC3127, Australia I PO Box 124, Surrey Hills VIC 3127, Australia www.goldenrim.com.au I info@goldenrim.com.au I T + 61 3 9836 4146

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First assays are expected to be returned from the laboratory in Ouagadougou, Burkina Faso, in approximately 2 - 3 weeks.

This higher-grade zone of gold mineralisation within the Mineral Resource appears to be associated with a strong, eastwest trending cross-cutting structure, clearly visible as a chargeability high anomaly in the Induced Polarisation ( IP ) data (Figure 2). This zone was intersected in previous drill holes BARC284 ( 3m at 20.8g/t gold from 70m and 8m at 3.6g/t gold from 86m) and BARC111 ( 14m at 3.3g/t gold from 12m), which is located 100m to the east.

The objectives of the drilling program are to expand the current 1.4Moz gold Mineral Resource at Kouri and to upgrade additional areas of the Mineral Resource from the Inferred to the Indicated category. Specifically, the extensional portion of the drilling program will follow-up anomalous RC drilling and trenching results previously received from prospects located outside of the Mineral Resource area (Footwall Shear, Red Hill and within the Goueli and Margou permits that are being acquired by Golden Rim[1] ).

Currently, 86% of the Mineral Resource at Kouri is in the Inferred category. The existing drill hole spacing is 50m x 25m in the north (500m strike) and varies between 100m x 50m to 200m x 50m over the bulk of the Mineral Resource. Notably, similar gold deposits in Burkina Faso have been drilled at 25m x 25m spacing (IAMGold, Essakane).

To increase the drilling density within the Mineral Resource area, approximately 50% of the current drilling program will be directed to infill drilling. This will enable a greater portion of the Mineral Resource to be included in the Indicated category in the next Mineral Resource update.

New Geological Model

Golden Rim has commenced preparing a new geological model for the gold lodes that comprise the Mineral Resource. This new model incorporates a flatter interpretation of the gold lodes (which was confirmed by a structural study conducted by SRK Consulting) and a 0.3g/t gold cut-off grade.

Preliminary results from this modelling indicate the flatter interpretation improves the continuity of the gold lodes. In Figure 3, a new geological interpretation on cross section 11,150mN is provided as an example. The cross-section shows the multiple gold lodes that comprise the current Mineral Resource. These lodes clearly extend below 115m depth, which is the limit of the current Mineral Resource.

Trenching

New trenching results at Red Hill have confirmed the orientation of the mineralisation. The best results received were 5m at 1.6g/t gold (NTR006) and 3m at 1.1g/t gold (NTR004). Other significant results are shown in Table 2.

The completed trenching program has identified two parallel zones of mineralisation at Red Hill. Both zones trend northeast and extend for over 300m. RC drilling is planned to follow-up significant intercepts from the trenching and previous RC drilling (10m at 4.1g/t gold and 11m at 3.4g/t gold) on the southern line of the mineralisation (Figure 4).

Red Hill is located 4.5km southwest of the 1.4Moz Mineral Resource. The gold mineralisation at Red Hill is associated with extensive magnetic-high anomalies and anomalous auger results (up to 1.5g/t gold ).

1 Subject to satisfaction of certain conditions

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Rock Chip Sampling

A series of historic trenches and pits in the Footwall Shear area (river channel) were identified from recently acquired high-resolution satellite imagery (Figure 1). Areas of strong quartz veining were identified in these workings for over 1km west of the intercept of 4m at 44.7g/t gold along the Footwall Shear.

A total of 11 rock chip samples (grab and channel samples) were collected from the historical pits and trenches. The maximum value returned was 2.2g/t gold taken from quartz veins in an historic pit located 175m west of the intercept of 4m at 44.7g/t gold (Figure 1).

A total of 19 rock chip samples were collected from the Red Hill area. Eighteen of these returned anomalous gold values and the best results were: 3.4g/t gold, 1.6g/t gold and 1.4g/t gold . These samples were taken from a line of artisanal workings located about 2km to the west of the Red Hill gold discovery.

Goueli and Margou Permits

Golden Rim has signed a Share Purchase Agreement to indirectly acquire the neighbouring permits, Goueli and Margou. On 9 May 2019, shareholders approved the issue of shares in consideration for the permits. Completion of the acquisition is expected shortly.

Golden Rim has commenced mapping and rock chip sampling within the Goueli and Margou permit area. This work will focus over two areas. The first area is where the gold lodes in the Mineral Resource extend northeast into the Goueli and Margou permits (Figure 1), and the second area will be the Granite Target, which lies 10km northeast of the Mineral Resource, within the Margou Permit.

-ENDS-

For Further Information Please Contact:

Golden Rim Resources

Craig Mackay Managing Director Golden Rim Resources +61 3 9836 4146 craig@goldenrim.com.au

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About Golden Rim Resources

Emerging West African gold developer, Golden Rim Resources Limited (ASX: GMR), is focused on the discovery and development of gold projects in West Africa.

With a decade of experience working in Burkina Faso, the Company is well placed to turn discoveries into real value for shareholders.

The Kouri Gold Project, located in north-east Burkina Faso, contains over 1.4Moz in defined Mineral Resources, with significant upside potential to grow.

Kouri is traversed by a significant NE-trending fault splay that is connected to the major Markoye Fault system. This fault system controls a number of major gold deposits in Burkina Faso, including Kiaka (5.9 Moz gold), Bomboré (5.2 Moz gold), Essakane (7 Moz gold) and Sanbrado (2.8 Moz gold). The mineralised fault system extends into western Niger where the 2.5 Moz Samira Hill is located.

For more information: www.goldenrim.com.au

ASX Code: GMR Market Capitalisation: A$6.57m Issued Shares: 652m Cash (as at 30 March 2019): A$1.22m

Competent Persons Statements

The information in this report that relates to exploration results is based on information compiled by Mr Craig Mackay, a Competent Person who is a member of The Australasian Institute of Mining and Metallurgy. Mr Mackay is a full-time employee of Golden Rim Resources Ltd. Mr Mackay has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Mackay consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The information in this report relating to previous exploration results are extracted from the announcements: Large New Gold Anomalies Outlined at Korongou dated 15 January 2015; New High Grade Gold Lode Discovered at Kouri dated 30 April 2018; 1 Million Ounces of Gold in Maiden Mineral Resource at Kouri dated 3 May 2018; Highly Anomalous Gold Auger Results Demonstrate Regional Prospectivity at Kouri dated 6 July 2018; New Gold Discovery at Red Hill dated 16 July 2018; Strong Bedrock Gold Anomalies Indicate Potential 1.5km Extension to Mineralisation at Kouri dated 24 July 2018; Highly Anomalous Bedrock Gold Anomalies Continue to be Identified at Kouri dated 16 August 2018; and Additional Bedrock Gold Anomalies Identified at Kouri dated 27 August 2018 and has been reported in accordance with the 2012 edition of the JORC Code. These announcements are available on the Company’s website (www.goldenrim.com.au). The Company confirms that it is not aware of any new information or data that materially affects the information included in these announcements.

Forward Looking Statements

Certain statements in this document are or maybe “forward-looking statements” and represent Golden Rim’s intentions, projections, expectations or beliefs concerning among other things, future exploration activities. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Golden Rim, and which may cause Golden Rim’s actual performance in future periods to differ materially from any express or implied estimates or projections. Nothing in this document is a promise or representation as to the future. Statements or assumptions in this document as to future matters may prove to be incorrect and differences may be material. Golden Rim does not make any representation or warranty as to the accuracy of such statements or assumptions.

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Figure 1 Trenches (brown) and drilling (grey circles) into the Footwall Shear to the west of the 1.4Moz Mineral resource area. Base is a combination of the satellite data and magnetic analytical signal data. Planned drill holes are shown in yellow circles. New drill holes are shown in green circles.

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Figure 2. Planned infill drilling (yellow) over an IP base. The cross-cutting structure is shown in the dashed elipse.

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Figure 3. Cross-section 11,150mN (the location of the cross section is indicated on Figure 2).

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Figure 4. Location of the trenches at Red Hill, in relation to the RC drill holes (planned RC in yellow), over ground magnetics (analytical signal) data . Latest trenching assays in blue text box

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Table 1. New RC drill hole collar details

Hole ID	Easting (m)	Northing (m)	Zone	Dip (o)	Azimuth (o)	EOH (m)
BARC337	177,182	1,407,700	31N	-55	150	100
BARC338	177,113	1,407,718	31N	-55	150	120
BARC339	177,138	1,407,675	31N	-55	150	120
BARC340	177,163	1,407,631	31N	-55	150	120
BARC341	178,488	1,407,954	31N	-55	150	102
BARC342	178,439	1,408,040	31N	-55	150	150
BARC343	178,518	1,408,002	31N	-55	150	200

Notes:

• BARC prefix denotes reverse circulation (RC) drilling at Banouassi.

• Co-ordinate projection UTM, WGS 84 zone 31 North

Table 2. Significant intercepts from the Trench sampling at Kouri

Hole ID	From (m)	To (m)	Sample Type	Significant Intersections (≥0.3 g/t gold)
NTR004	117	118	Interval	1mat 0.3g/tAu
NTR004	128	129	Interval	3m at 1.1g/t Au
NTR004	136	137	Interval	1m at 0.6g/t Au
NTR004	141	142	Interval	1mat 0.4g/tAu
NTR005	51	52	Interval	1m at 0.6g/t Au
NTR005	61	62	Interval	4m at 0.7g/t Au
NTR006	162	163	Interval	5m at 1.6g/t Au
NTR006	185	186	Interval	1m at 0.3g/t Au

Notes:

• All reported intersections are assayed at 1m intervals.

• Intercept cut-off grade is 0.3 g/t gold.

• Intervals are reported with a maximum of 4m of internal dilution unless the total intercept grade falls below 0.3 g/t gold.

• Intercept intervals (From and To) are the horizontal distances from the trench start (origin) detailed in Table 1.

• Sample preparation and assaying conducted by BIGS Laboratory in Ouagadougou, Burkina Faso.

• Assayed by 50g charge fire assay with Atomic Absorption Spectrometry (AAS) finish.

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Appendix 1: JORC Code (2012 Edition), Assessment and Reporting Criteria

Section 1: Sampling Techniques and Data

Criteria	JORC Code Explanation	Explanation
Sampling Techniques	Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling.	The sampling described in this report refers to channel sampling of trenches and rockchip sampling of outcrop, pits and trenches. The trenches were prepared with an excavator to an average depth of 4m to expose weathered bedrock beneath transported cover. The channel samples were taken across the face of the trench (below the transported soil cover) in 1 metre intervals. Rock chip samples are random (grab) samples taken of quartz vein material in surface outcrop or in shallow artisanal mine workings carried out as part of a geological mapping exercise in areas of geological interest. Sample size is nominally 2 to 3 kilograms. Samples were all collected by qualified geologists or under geological supervision. The nature and quality of sampling is carried out under QAQC procedures as per industry standards.
	Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.	Sampling is guided by Golden Rim’s protocols and Quality Control procedures as per industry standards.
	Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30g charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.	Samples were submitted to BIGS Laboratory in Ouagadougou for preparation and analysis. Samples are crushed through a RDS Boyd crusher to -2mm and pulverised via LM2 to a nominal 90% passing -75μm. A 200g sub-sample is taken for analysis. A 50g charge weight is fused with litharge-based flux, cupelled and the prill dissolved in aqua regia and gold tenor is determined by AAS.
Drilling Techniques	Drill type (e.g. core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc.).	RC drilling is currently underway at the Kouri Project. The report lists location data for the holes that have been drilled to date. No drill samples are reported in this announcement.
Drill sample recovery	Method of recording and assessing core and chip sample recoveries and results assessed.	Sample recovery is not assessed for rock or trench sampling as they are classed as a geochemical method.
	Measures taken to maximise sample recovery and ensure representative nature of the samples.	Rock and trench samples are visually checked by a technician for geology, moisture and contamination.

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Criteria	JORC Code Explanation	Explanation
	Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	No relationship is seen to exist between sample recovery and grade.
Logging	Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.	Rockchip and trench samples are not used for Mineral Resource estimation. Each sample interval was geologically logged in a qualitative fashion. The geological logging was done using a standardised logging system. This information and the sampling details were transferred into Golden Rim’s drilling database. No RC sampling has been reported in this announcement.
	Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.	Logging is both qualitative and quantitative, depending on the field being logged.
	The total length and percentage of the relevant intersections logged.	100% of each relevant intersection is logged in detail.
Sub-sampling techniques and sample preparation	If core, whether cut or sawn and whether quarter, half or all core taken.	No drill core sampling was reported in this announcement
	If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.	The entire rockchip and trench sample were submitted for assay, so no sub-sampling is required. Samples were dry.
	For all sample types, the nature, quality and appropriateness of the sample preparation technique.	Samples were transported by road to BIGS Laboratory in Ouagadougou. The sample preparation for all samples follows industry best practice. At the laboratory, all samples were weighed, dried and crushed to -2mm in a jaw crusher. A split of the crushed sample was subsequently pulverised in a ping mill to achieve a nominal particle size of 90% passing 75μm.
	Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples.	Golden Rim has protocols that cover the sample preparation at the laboratories and the collection and assessment of data to ensure that accurate steps are used in producing representative samples. The crusher and pulveriser are flushed with barren material at the start of every batch.
	Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling.	Sampling is carried out in accordance with Golden Rim’s protocols as per industry best practice. Field QC procedures involve the use of certified reference material as assay standards and duplicates for the trench samples.
	Whether sample sizes are appropriate to the grain size of the material being sampled.	The sample sizes of approximately 3kg are considered appropriate to correctly represent the style of mineralisation, the thickness and consistency of the intersections.
Quality of assay data and laboratory	The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or	A 200g sub-sample is taken for analysis. A 50g charge weight is fused with litharge-based flux, cupelled and the prill dissolved in aqua regia and gold tenor is determined by AAS. The analytical method is considered appropriate for

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Criteria	JORC Code Explanation	Explanation
tests	total.	this mineralisation style and is of industry standard. The quality of the assaying and laboratory procedures are considered to be appropriate for this deposit type.
	For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.	No geophysical tools were used to determine any element concentrations.
	Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	Sample preparation checks for fineness were carried out by the laboratory as part of their internal procedures to ensure the grind size of 90% passing 75 microns.
Verification of sampling and assaying	The verification of significant intersections by either independent or alternative company personnel.	Reported results are compiled and verified by the Company’s Senior Geologist and the Managing Director.
	The use of twinned holes.	No twinned holes are reported in this document.
	Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.	Primary field data is collected by Golden Rim geologists on standardised logging sheets. This data is compiled and digitally captured. The compiled digital data is verified and validated by the Company’s database geologist.
	Discuss any adjustment to assay data.	The primary data is kept on file. There were no adjustments to the assay data.
Location of data points	Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.	The sample location of each Rockchip was recorded. The start and end positions of the trenches were recorded by hand held GPS with a positional accuracy of approximately +/- 5 metres. The collar position of each RC drill hole was collected by hand held GPS. These will be picked up more accurately by a DGPS at a later date.
	Specification of the grid system used.	Location data was collected in UTM grid WGS84, zones 30 and 31 North
	Quality and adequacy of topographic control.	Hand held GPS was used for topographic control
Data spacing and distribution	Data spacing for reporting of Exploration Results.	Trenches were excavated at right-angles (180 degrees) to the main trend of the mineralisation
	Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.	Rockchip and trench sampling are not appropriate for the calculation of any Mineral Resource estimate.
	Whether sample compositing has been applied.	There was no sample composting.
Orientation of data in relation to geological structure	Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.	Trenches are excavated vertically, along 180 degree orientated grid lines. The strike of mineralisation in the Kouri licence is approximately 050 degrees.

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Criteria	JORC Code Explanation	Explanation	Explanation
	If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	No orientation-based sampling bias has been identified in the data at this point.
Sample security	The measures taken to ensure sample security.	Samples are stored on site prior to road transport by Company personnel to the laboratory in Ouagadougou, Burkina Faso.
Audits or reviews	The results of any audits or reviews of sampling techniques and data.	There has been no external audit or review of the Company’s techniques or data.
Section 2: Reporting of Exploration Results
Criteria	JORC Code explanation		Explanation
Mineral tenement and land tenure status	Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.		The rockchip and trench sampling results are from the Kouri permit. Golden Rim owns 100% of the permit.
	The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.		Tenure is in good standing.
Exploration done by other parties	Acknowledgment and appraisal of exploration by other parties.		The area that is presently covered by the Kouri permit has undergone some previous mineral exploration.
Geology	Deposit type, geological setting and style of mineralisation.		The Kouri Project covers part of a highly prospective Lower Proterozoic Birimian, Samira Hill Greenstone belt and is traversed by a significant NE-trending fault splay which is connected to the major Markoye Fault system. This fault system controls several major gold deposits in Burkina Faso, including Kiaka (5.9 Moz), Bomboré (5.2 Moz) and Essakan (7 Moz). The mineralisation lies in a package of highly altered volcanic and volcaniclastic host rocks and is associated with a major gold-in-soil anomaly and a prominent dilational structural jog along a regional NE-trending shear zone.
Drill hole Information	A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:  easting and northing of the drill hole collar elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar  dip and azimuth of the hole  down hole length and interception depth  hole length.		Rockchip and trench sampling are both reconnaissance exploration techniques. Rockchip samling involves selectively sampling material of interest. For trenches, typically each metre of in-situ material (below soil cover) is face sampled. Appropriate locality maps for the trenches accompanies this announcement.
	If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of		Drill hole intersections are not reported in this announcement.

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Criteria	JORC Code explanation	Explanation
	the report, the Competent Person should clearly explain why this is the case.
Data aggregation methods	In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.	No weighting or high grade cutting techniques have been applied to the data reported. Assay results are generally quoted rounded to 1 decimal place.
	Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.	Not applicable in this document as no exploration results are announced.
	The assumptions used for any reporting of metal equivalent values should be clearly stated.	Metal equivalent values are not reported in this announcement.
Relationship between mineralisation widths and intercept lengths	These relationships are particularly important in the reporting of Exploration Results.	The reported trench results are from early stage reconnaissance exploration.
	If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.	Not applicable in this document as no drilling results are announced.
	If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known’).	Not applicable in this document as no drilling results are announced.
Diagrams	Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.	Appropriate location maps and sections are provided in the main text.
Balanced reporting	Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.	The accompanying document is considered to represent a balanced report.
Other substantive exploration data	Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	There is no other exploration data which is considered material to the results reported in the announcement.
Further work	The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).	Promising results will be followed up (where practicable) with RC or DD drilling. Exploration and infill drilling will continue to target projected lateral and depth extensions of the mineralisation and to increase the confidence in the Mineral Resource.
	Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	Refer to main body of this report.

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