BLACK ROCK MINING LIMITED — Director's Dealing 2016

Aug 2, 2016

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity: Black Rock Mining Limited ACN: 094 551 336

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Gabriel Chiappini
Date of last notice	13 May 2016

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect & Direct
Nature of indirect interest	Gabriel & Rosa Chiappini
(including registered holder)	<Gran Sasso Family a/c>
Note: Provide details of the circumstances	Beneficiary
giving rise to the relevant interest.
Date of change	1 August 2016
No. of securities held prior to change	Ordinary Shares:
	•3,483,335 fully paid ordinary
	shares
	Listed Options
	•250,000 $0.05, 20-March-2017
	•266,666, $0.075, 31-11-2018
	Unlisted Options:
	•75,000 unlisted options exercisable at
	$0.06 expiring on 28 November 2016
	Performance Rights
	•558,332 31-December-2017
	•491,666 31-December-2018
Class	ORD SHARES
	Performance Rights, 31-12-17
	Performance Rights, 31-12-18
Number acquired	1,049,998Shares
Number disposed	558,332 Performance Rights, 31-12-17
	491,666 Performance Rights, 31-12-18

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Ordinary Shares issued as part of achievement ofShare Price Milestone hurdles for PerformanceRights
No. of securities held after change	Ordinary Shares:•4,533,333 fully paid ordinarysharesListed Options•250,000 $0.05, 20-March-2017•266,666, $0.075, 31-11-2018Unlisted Options:•75,000 unlisted options exercisable at$0.06expiring on 28 November 2016
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Off Market as a result of milestones being achievedon PerformanceRights

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

in thispart.
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance wasrequired?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002