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CHALICE MINING LIMITED — Interim / Quarterly Report 2016
Oct 26, 2016
64649_rns_2016-10-26_c4929815-5a8f-46a5-bfb7-5ef5b3160e4d.pdf
Interim / Quarterly Report
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ASX Announcement
September 2016 Quarterly Report
27 October 2016
Highlights:
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Agreement with Red Hill Iron Limited (ASX: RHI) to explore the prospective West Pilbara Gold Project located in the Ashburton Basin in WA’s Pilbara region through a Farm-in and Joint Venture.
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Binding option and farm-in term sheet with Globex Mining Enterprises Inc. (TSX: GMX) to acquire Globex’s interest in the Nordeau Gold Project, located in the highly endowed Abitibi region of Quebec, Canada.
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Agreement with Traka Resources Limited (ASX: TKL) to explore the prospective Latitude Hill Project located in the West Musgrave Province of Western Australia through a Farm-in and Joint Venture. Latitude Hill represents a counter-cyclical investment opportunity in a greenfields nickel-copper-PGE sulphide project in an under-explored frontier igneous province in central Western Australia.
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Chalice completed first-pass surface geochemical sampling over the Kinebik Gold project.
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Low-cost and potentially high-impact exploration initiative continues to ramp-up with drilling planned to commence as soon as possible following the receipt of various access permissions.
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Chalice remains well funded with cash of A$31.2 million and 32.3 million shares held in First Mining Finance Corp (TSX-V: FF).
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Chalice continues to target additional high-potential opportunities globally.
Overview:
Chalice Gold Mines Limited (ASX: CHN: TSX: CXN – “Chalice” or “the Company”) is pleased to report on an active period in the September Quarter that saw the Company execute three prospective exploration joint ventures in Australia and Canada.
The West Pilbara Gold Project Farm-in and Joint Venture with Red Hill Iron Limited (ASX: RHI) (“Red Hill”) opens up an exciting new gold and base metal exploration opportunity for Chalice. The tenements are located in the highly prospective Ashburton Mineral Field in the Western Australia Pilbara region, which is significantly under-explored for gold and base metals and are located just 8km from the Paulsens Gold Mine, owned by Northern Star Resources (ASX: NST).
The Nordeau Gold Project option agreement with TSX-listed Globex Mining Enterprises (“Globex”) secures rights to a highly prospective advanced exploration asset showing strong indications of high grade gold mineralisation in the world class Abitibi gold district in Quebec, Canada.
The Latitude Hill Project Farm-in and Joint Venture with Traka Resources Limited (ASX: TKL) (“Traka”) in the west Musgrave province of Western Australia is considered prospective for massive and disseminated nickel-copper-PGE sulphide mineralisation in Giles Complex mafic to ultramafic intrusives. This investment provides Chalice with a counter-cyclical investment opportunity in an under-explored frontier province where there is excellent potential to make substantial new discoveries, similar to the discovery of the Nova-Bollinger nickel-copper sulphide deposit in the Albany-Fraser orogen.
These exploration initiatives are consistent with one of Chalice’s core strategies, which is to identify and pursue innovative and low-cost generative exploration opportunities which have the potential to deliver significant upside. With minimum
Chalice Gold Mines Limited, Level 2, 1292 Hay Street, West Perth, Western Australia T: +618 9322 3960 F: +618 9322 5800 E: [email protected] www.chalicegold.com
committed expenditures totaling A$2 million over a 12-month period, these opportunities can be advanced without detracting from the Company’s focus of acquiring a substantial resource asset.
1. West Pilbara Gold Project Farm-in Agreement
During the Quarter, Chalice and Red Hill entered into a binding Heads of Agreement allowing Chalice to farm-in to all minerals other than iron ore within Red Hill’s West Pilbara Gold Project (the “WPG Project”).
The Project area, covering 1,390km² (Figure 1), is located approximately 160km south-southwest of Karratha, and extends almost continuously some 90km north from the northern margin of the Wyloo Dome, an important regional geological feature which hosts the +3Moz Paulsens gold deposit. The Paulsen gold mine, which is owned and operated by successful mid-tier gold miner Northern Star Resources (ASX: NST), is located 8km south-west of the southern extent of the Project.
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Figure 1. Location of West Pilbara Gold Project.
Chalice can earn up to 70% interest in the West Pilbara Gold Project by funding A$3 million worth of exploration with a minimum commitment of A$500,000 within the first 12 months. Chalice may spend an aggregate of A$1 million within the first two years (including the minimum commitment) to earn 51%, at which point Red Hill has a one-off election to contribute to its 49% pro rata interest. If Red Hill elects not to contribute, Chalice may then spend further A$2 million to earn a further 19% within no set time period, or withdraw and retain no interest.
The WPG Project lies in the north-western sector of the Ashburton Basin and is dominated by volcanic and sedimentary successions comprising the Lower Wyloo Group. The eastern extent of the Project area is coincident with the western margin of the Hamersley Basin.
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The contact between the two basins is referred to as the Paraburdoo Hinge Zone, defined by major fault/shear structures paralleling the contact (including the Nanjilgardy Shear), proximal to the multi-million ounce gold deposits at Paulsens and Mt Olympus. The west-northwest orientation of the Nanjilgardy Shear on the southern margin of the Hamersley Basin flexes north-northwest at the Wyloo Dome where similar defining structures, the Urandy Shear and Bitherabooga Shear, pass through the Project area (see Figure 2), creating a potentially fertile area for the development of gold deposits.
==> picture [276 x 410] intentionally omitted <==
Figure 2. Regional geological setting.
Exploration for gold and base metals across the Project has been carried out in various periods since the 1980s, with the most recent work undertaken by Red Hill completed between 2006 and 2009. No gold or base metal exploration has been undertaken on the project since 2009.
Red Hill identified a number of targets, primarily Carlin-style and vein/shear-hosted gold mineralisation through regional soils and RAB drill programs, many of which require further exploration. Of the prospects identified, Derek’s Bore and Urandy are the most advanced, with Red Hill completing widely spaced follow-up RC drilling at both prospects.
At the Urandy Prospect, RC drilling returned a best intercept of 9m at 4.52 g/t Au from 46m in drill hole RCW007 and 9m at 1.79 g/t Au from 14m in drill hole RCW006, the up-dip projection of the RCW007 mineralised zone. Drill sections 50m to the north and south of drill holes RCW006 and 007 returned intercepts of 5m at 0.2 g/t Au from 14m (RCW005) and 4m at 0.8 g/t Au from 41m (RCW009) respectively.
Gold mineralisation at Urandy is associated with a zone of strong silicification within sediments of the Mt McGrath Formation (Wyloo Group) adjacent to major structures associated with the Bitherabooga Fault / Shear zone. RC drilling has defined the mineralised zone over 100 metres to date with surface mapping identifying the extent of silicification to over 1 km.
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Drilling at Derek’s Bore returned broad low-grade gold intersections associated with strong silica ± minor sulphide alteration within carbonaceous sediments in close proximity to the NNW trending Bitherabooga shear zone. Better drill intercepts include 20m at 0.47 g/t Au from surface including 1m at 2.2 g/t Au from 5m, in drill hole RBI009 and 5m at 0.64 g/t Au from surface in drill hole RB011. Broad spaced (400m x 400m) soil sampling, completed as part of a larger regional program returned disperse low level coincident Au, As, Ag and Sb results across a broader area requiring further work.
Refer to the announcements dated 20 and 21 September 2016 “Chalice and Red Hill to explore highly prospective WA gold exploration opportunity through farm-in agreement over West Pilbara Gold Project” for further details on previous drilling.
Planned Exploration
Chalice plans to complete an analysis of all data and undertake field work on the identified targets including prospect-scale mapping and rock-chip sampling. Drill programs will follow the field mapping program at the earliest opportunity. The Urandy and Kens Bore prospects will be prioritised for follow-up RC drilling.
2. Latitude Hill Project Farm-in Agreement
During the Quarter, Chalice and Traka entered into a binding Heads of Agreement to earn up to a 70% interest in the Latitude Hill Nickel-Copper-PGE Project, located in the west Musgrave Province of Western Australia. The Project covers an area of 1,007 km² and is centered approximately 40km south-west of the Wingellina nickel deposit (Figure 3).
Under the terms of the farm-in agreement, Chalice may earn up to 70% interest in the Latitude Hill Project, which consists of five tenement applications (Figure 4) by funding A$10 million worth of exploration with a minimum commitment of A$1 million within the first 12 months. Chalice may spend A$5 million within three years (including the minimum commitment) to earn 51%, at which point Traka have a one-off election to contribute to its 49% pro rata interest. If Traka elects not to contribute, Chalice may then spend another $5 million to earn a further 19% within an additional three years. If Chalice earns a 70% interest (or 51%, as the case may be), both parties will contribute proportionally to all expenditures going forward.
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Latitude Hill Project
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Figure 3. Location of the Latitude Hill Project.
The Latitude Hill Project represents an exciting opportunity for Chalice to capitalise on a high quality airborne Spectrum Electromagnetic (EM) survey completed in 2012, which identified seven priority conductors that are modelled as high-
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conductance bedrock anomalies (Figure 4). Importantly, none of these priority conductors have been followed-up with ground-based exploration as the tenements are held under application, which does not permit ground activity until the tenements are granted.
The Latitude Hill Project lies within the southern part of the west Musgrave Province in an area of widespread, but thin, colluvium and sand dune cover estimated at less than 10m thick. Along the eastern edge of the tenement package, the local geological sequence is dominated by the well-exposed Giles Complex Bell Rock Range layered mafic to ultramafic intrusives. Within the Project area, outcrop is poor but Geological Survey of Western Australia mapping has identified localised outcrops of mafic intrusive rock-types that have similar characteristics to the Bell Rock Range mafic intrusives.
Of the prioritised EM targets, six have associated subtle to strong linear magnetic anomalies with a morphology consistent with shallow-plunging chonolith intrusive bodies. Chonoliths represent pipe-like magma conduits that focused magma emplacement and are important host structures for orthomagmatic nickel-copper-PGE sulphide deposits. The significance of the interpreted magnetic bodies, associated with the EM conductors, is that chonolith-type intrusive bodies host the large Nebo-Babel nickel-copper-PGE deposits, located about 100km west of Latitude Hill in the west Musgrave Province.
An important observation from historical exploration in the west Musgrave Province is a lack of graphitic sediments, which can be the source of bedrock EM conductive responses. The priority EM targets in the Latitude Hill Project are modelled with a high conductance – which is consistent with a source from bedrock sulphides. This supports the interpretation that the priority EM conductors are highly prospective for massive nickel-copper-PGE sulphides.
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Figure 4. Aeromagnetic image showing location of Latitude Hill project tenements and priority EM conductors.
Planned Exploration Program
Chalice and Traka have initiated discussions with the Ngaanyatjarra Council to progress the tenements to grant. Once granted, Chalice will undertake ground EM surveying over all priority targets to better define the conductors and to identify stronger EM responses which may potentially indicate higher abundances of sulphides.
Follow-up exploration work will comprise a program of shallow aircore traverse drilling for regolith and bedrock geochemical sampling. The EM conductors will be tested by Reverse Circulation (RC) drilling to provide a definitive test of the stronger conductive responses.
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3. The Nordeau Gold Project Option and Joint Venture Agreement
Subsequent to the end of the Quarter, Chalice entered into a binding option and farm-in terms sheet allowing Chalice to acquire all of TSX listed Globex Mining Enterprises’ (“Globex”) interest in the Nordeau Gold Project (the “Nordeau Project”). The Project consists of claims owned 100% by Globex and certain claims where Globex has a 60% interest (see cross hatched area in Figure 5).
Chalice may acquire the interest in the Nordeau Project by making annual option payments totaling C$590,000 over four years to Globex (including an initial payment of C$120,000 in the first year) and undertaking exploration expenditures of C$2.5 million also over a four-year period as set out in Table 1. Upon exercising the option, Chalice will grant a 3% Gross Metal Royalty to Globex (there are currently no existing royalties in relation to the Nordeau Project and no government royalties). Chalice has the right to withdraw (with no minimum expenditure commitment) without earning an interest in the Nordeau Project at any time.
The agreement is subject to satisfactory completion of due diligence primarily in relation to matters of tenure.
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Figure 5. Location map of the Nordeau Gold Project (cross hatched are owned 60% by Globex)
The Nordeau Project is located about 40km east of Val d’Or and comprises approximately 1,450Ha of claims located over about 9km of strike length of the Larder Lake-Cadillac fault (see Figure 5). The Nordeau Project is located about 1km from the former Chimo gold mine that operated over three periods from the 1960s through to 1997. Underground mining at Chimo was undertaken on multiple gold lodes that extended up to 870m below surface, demonstrating that gold systems in the area have a significant vertical extent.
Previous exploration of the Nordeau Project has located gold mineralisation along structural trends on, or parallel to, the main lithological contacts between mafic volcanics, mafic intrusives, iron formation and Timiskaming sedimentary rock sequences.
Previous drilling of 121 diamond drill holes on the property has provided the basis for a historical and foreign mineral resource (the “Historical Mineral Resource”) which was compliant with the reporting standard of National Instrument 43101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) of the Canadian Securities Administrators at the time of disclosure. It was Plato Gold Corp. that commissioned, in 2009, the NI 43-101 technical report and mineral resource estimate for Nordeau West, following drilling undertaken up to 2006-2007.
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For further information on the Historical Mineral Resource refer to ASX announcements dated 12 October 2016 and 21 October 2016.
The Historical Mineral Resource is located on claims which are 100% owned by Globex. The mineralisation remains open at depth and Chalice considers the potential as excellent for locating additional gold mineralisation.
The Nordeau Project also contains a separate zone of gold mineralisation known as Nordeau East, however the reporting of this mineral resource was undertaken in 1988 prior to JORC or NI 43-101 and Chalice has not verified the mineral resource to report it in this report. However, the mineralisation appears open at depth and Chalice intends to undertake a detailed review of the drilling results as a priority.
Exploration undertaken elsewhere on the property has intersected gold mineralisation east of Nordeau East which appears poorly tested. Chalice is excited by the potential of the Nordeau Project and plans to undertake an immediate review of all previous exploration results and to commence a surface geochemical survey (soils and rock-chip) in the next quarter.
Option and farm-in commitments
| Timing | Option Payments |
Annual Expenditure Commitments |
|---|---|---|
| $C | $C | |
| Upon satisfactory completion of due diligence | 120,000 | - |
| Year 1 | 170,000 | 350,000 |
| Year 2 | 140,000 | 500,000 |
| Year 3 | 140,000 | 500,000 |
| Year 4 | - | 1,150,000 |
| Exercise of option | 20,000 | - |
| Total | 590,000 | 2,500,000 |
Table 1. Nordeau Gold Project option and farm in commitments
4. Kinebik Gold Project, Quebec (Chalice 100%)
Chalice also completed an extensive surface geochemical sampling program (1,389 soils, 186 rock-chip) over the Company’s Kinebik Gold Project in Canada during the Quarter and results are currently being assessed.
The sampling was undertaken to cover the entire project area on a 400m x 400m soil sample grid with in-fill sampling completed to 200m x 200m on defined anomalies. The geochemical sampling has identified anomalous responses which will be further evaluated and integrated with available geological data.
5. Warrego North Joint Venture
Chalice is progressing a Mine Management Plan (MMP) with the Department of Primary Industry and Resources for the proposed Warrego North drilling program. Once approval is obtained, drilling will commence.
6. TSX Listing Review
Chalice has been advised that, further to the announcement dated 16 June 2016, the Toronto Stock Exchange (“TSX”) has extended its listing review date by a further 30 days to further assess whether the Company continues to meet TSX listing requirements following the sale of the Cameron Gold Project.
The Company continues to be what is called a Designated Foreign Issuer on the TSX as it has less than 10% of its register held by Canadian residents. The volume of trading of the Company’s securities on the TSX is currently only a small percentage as compared to the volume traded on the Australia Securities Exchange (“ASX”).
The review undertaken by the TSX does not impact the Company’s listing on the ASX.
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7. Share buy-back
During the quarter, Chalice announced a discretionary on-market share buy-back of up to 28,271,080 ordinary shares as part of a capital management plan over the next 12 months. To date Chalice has purchased 12,930,000 shares at an average price of 16.83 cents.
The Board will continue to assess the merits of this capital management initiative and keep the market informed in accordance with ASX listing rules.
8. Nyanzaga Project, Tanzania – Entitlement to payment upon Commercial Mining
Following Chalice’s merger with Sub-Sahara Resources NL in 2009, Chalice became entitled to a payment of A$5 million upon commercial production at the Nyanzaga Project in Tanzania. Orecorp Limited (ASX: ORR), which is currently earning a 51% interest in Nyanzaga, have recently completed a positive Scoping Study. Chalice sees this as a positive step towards the development of the Nyanzaga Project and increases the potential for this payment to be made.
9. GeoCrystal Limited
The Company holds 9.68 million shares (~23%) in unlisted diamond explorer GeoCrystal Limited (www.geocrystal.com).
10. Tenement schedules
In accordance with ASX Listing Rule 5.3, please refer to Appendix 1 for listing of tenements.
11. Discussion on Quarterly Cash flow
Chalice’s cash was A$31.2 million at 30 June 2016 using a month end USD: AUD exchange rate of 0.76. In addition, Chalice held 32.3 million shares in First Mining Finance Corp (TSX-V: FF) with a market value of A$26.7 million at 30 September 2016.
During the Quarter, the Company spent A$0.5 million (YTD: A$0.5 million) on exploration and evaluation activities, A$0.4 million (YTD: $0.4 million) on administration and corporate and staff costs, A$0.8 million (YTD: A$0.8 million) on business development activities and A$2.4 million (YTD: A$2.4 million) under the on-market share buy-back facility.
The impact of foreign exchange rates on the Company’s USD cash balances was an exchange gain of A$0.6 million for the quarter (YTD: exchange gain – A$0.6 million).
Further details are available in the attached Appendix 5B.
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TIM GOYDER Managing Director 27 October 2016
For further information, please contact: Tim Goyder Chalice Gold Mines Limited Telephone +61 9322 3960
For media inquiries, please contact: Nicholas Read Read Corporate Telephone: +618 9388 1474
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Competent Persons and Qualifying Persons Statement
The information in this report that relates to the West Pilbara Gold Project is extracted from the announcement entitled “Chalice and Red Hill to explore highly prospective WA gold exploration opportunity through farm-in agreement over West Pilbara Gold Project” dated 20 September 2016.
The information in this report that relates to the Latitude Hill Project is extracted from the announcement entitled “Chalice secures farm-in agreement on west Musgrave Nickel-Copper-PGE Project, WA” dated 22 September 2016.
The information in this report that relates to the Nordeau Gold Project is extracted from the announcement entitled “Chalice enters option to acquire highly prospective Abitibi gold project in Quebec” and “Additional Information – Chalice enters option to acquire highly prospective Abitibi gold project” dated 12 October 2016 and 21 October 2016 respectively.
The above announcements are available to view on the Company’s website at www.chalicegold.com. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions in the market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s and Qualifying Persons findings are presented have not been materially modified from the original market announcement.
Forward Looking Statements
This document may contain forward-looking information within the meaning of Canadian securities legislation and forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, forward-looking statements). These forward-looking statements are made as of the date of this document and Chalice Gold Mines Limited (the Company) does not intend, and does not assume any obligation, to update these forward-looking statements.
Forward-looking statements relate to future events or future performance and reflect Company management’s expectations or beliefs regarding future events and include, but are not limited to, the results of business development activities which may result in a corporate transaction or investment, the actual number of shares and price which may be purchased pursuant to the share buy-back, the future share price performance of First Mining Finance Corp, the likelihood of exploration success, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage.
In certain cases, forward-looking statements can be identified by the use of words such as plans, expects or does not expect, is expected, will, may would, budget, scheduled, estimates, forecasts, intends, anticipates or does not anticipate, or believes, or variations of such words and phrases or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors may include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of mineral resources; possible variations in mineral resources or ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Company’s interim and annual financial statements, all of which are filed and available for review on SEDAR at sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements.
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Appendix 1 – Tenement schedules
The following information is provided in accordance with ASX Listing Rule 5.3 for the quarter ended 30 September 2016:
1. Listing of tenements held:
| Location | Project | Tenement No. |
Registered Holder | Nature of interest |
|---|---|---|---|---|
| Western Australia | E37/1250 | CGM (WA) Pty Ltd | 100% | |
| E39/1914 | CGM (WA) Pty Ltd | 100% | ||
| E77/2353 | CGM (WA) Pty Ltd | 100% | ||
| E77/2354 | CGM (WA) Pty Ltd | 100% | ||
| P39/5600 | CGM (WA) Pty Ltd | 100% | ||
| P39/5601 | CGM (WA) Pty Ltd | 100% | ||
| West Pilbara | E08/1227 | Red Hill Iron Limited – 40% API Management Pty Ltd – 60% |
0% - farm-in agreement, right to earn up to 51% or 70% as applicable (in all minerals other than iron ore) |
|
| E08/1283 | ||||
| E08/1289 | ||||
| E08/1293 | ||||
| E08/1294 | ||||
| E08/1295 | ||||
| E08/1430 | ||||
| E08/1473 | ||||
| E08/1516 | ||||
| E08/1537 | ||||
| E08/1141 | ||||
| E08/1693 | ||||
| Latitude Hill | ELA69/2817 | Traka Resources Limited (application holder) |
0% - farm-in agreement, right to earn up to 51% or 70% as applicable |
|
| ELA69/2610 | ||||
| ELA69/2592 | ||||
| ELA69/3421 | ||||
| ELA69/3399 | ||||
| Northern Territory | Warrego North | EL23764 | Meteoric Resources NL | 0% - farm-in agreement, right to earn up to 51% interest or 70% as applicable |
| Canada | Refer appendix 2. |
2. Listing of tenements acquired (directly or beneficially) during the quarter:
| Location | Project | Tenement No. |
Registered Holder | Nature of interest |
|---|---|---|---|---|
| Western Australia | E37/1250 | CGM (WA) Pty Ltd | 100% | |
| E39/1914 | CGM (WA) Pty Ltd | 100% | ||
| E77/2353 | CGM (WA) Pty Ltd | 100% | ||
| E77/2354 | CGM (WA) Pty Ltd | 100% | ||
| P39/5600 | CGM (WA) Pty Ltd | 100% | ||
| P39/5601 | CGM (WA) Pty Ltd | 100% | ||
| West Pilbara | E08/1227 | Red Hill Iron Limited – 40% API Management Pty Ltd – 60% |
0% - farm-in agreement, right to earn up to 51% or 70% as applicable (in all minerals other than iron ore) |
|
| E08/1283 | ||||
| E08/1289 | ||||
| E08/1293 | ||||
| E08/1294 | ||||
| E08/1295 | ||||
| E08/1430 | ||||
| E08/1473 | ||||
| E08/1516 |
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| Location | Project | Tenement No. |
Registered Holder | Nature of interest |
|---|---|---|---|---|
| E08/1537 | ||||
| E08/1141 | ||||
| E08/1693 | ||||
| Latitude Hill | ELA69/2817 | Traka Resources Limited (application holder) |
0% - farm-in agreement, right to earn up to 51% or 70% as applicable |
|
| ELA69/2610 | ||||
| ELA69/2592 | ||||
| ELA69/3421 | ||||
| ELA69/3399 | ||||
| Northern Territory | Warrego North | EL23764 | Meteoric Resources NL | 0% - farm-in agreement, right to earn up to 51% interest or 70% as applicable |
| Canada | Kinebik | 2454863 | Chalice Gold Mines (Quebec) Inc. | 100% |
| 2454864 | ||||
| 2454865 | ||||
| 2454866 | ||||
| 2454867 |
3. Tenements relinquished, reduced or lapsed (directly or beneficially) during the quarter:
| Location | Project | Tenement No. | Registered Holder | Nature of interest |
|---|---|---|---|---|
| Australia | Gnaweeda | E51/0926 | Chalice Gold Mines Limited and Teck Australia PtyLtd |
0% |
| E51/0927 | Chalice Gold Mines Limited and Teck Australia PtyLtd |
0% | ||
| Canada | Refer appendix 3. |
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Appendix 2 - Tenements held (Canada)
| Project | Claim Number | Registered Holder | Ownership interest |
|---|---|---|---|
| Kinebik | 2448108 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448109 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448110 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448111 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448112 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448113 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448114 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448115 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448116 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448117 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448118 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448119 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448120 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448121 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448122 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448123 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448124 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448125 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448126 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448127 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448128 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448129 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448130 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448131 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448132 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448133 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448134 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448135 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448136 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448137 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448138 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448139 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448140 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448141 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448142 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448143 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448144 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448145 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448146 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448147 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448148 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448149 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448150 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448151 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448152 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448153 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448154 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448155 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448156 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448157 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448158 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448159 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448160 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448161 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448162 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448163 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448164 | Chalice Gold Mines(Quebec)Inc. | 100% |
12
| Project | Claim Number | Registered Holder | Ownership interest |
|---|---|---|---|
| Kinebik | 2448165 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448166 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448167 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448168 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448169 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448170 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448171 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448172 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448173 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448174 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448175 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448176 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448177 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448178 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448179 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448180 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448181 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448182 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448183 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448184 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448185 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448186 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448187 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448188 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448189 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448190 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448191 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448192 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448193 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448194 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448195 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448196 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448197 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448198 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448199 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448200 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448201 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448202 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448203 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448204 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448205 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448206 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448207 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448409 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448410 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448411 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448412 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448413 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448414 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448415 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448416 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448417 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448418 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448419 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448420 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448421 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448422 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448423 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448424 | Chalice Gold Mines(Quebec)Inc. | 100% |
13
| Project | Claim Number | Registered Holder | Ownership interest |
|---|---|---|---|
| Kinebik | 2448425 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448426 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448427 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448428 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448429 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448430 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448431 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448432 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448433 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448434 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448435 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448436 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448437 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448438 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448439 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448440 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448441 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448442 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448443 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448444 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448445 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448446 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448447 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448448 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448449 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448450 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448451 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448452 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448453 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448454 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448455 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448456 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448457 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448458 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448459 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448460 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448461 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448462 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448463 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448464 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448465 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448466 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448467 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448468 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448469 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448470 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448471 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448472 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448473 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448474 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448475 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448476 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448477 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448478 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448479 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448480 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448481 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448482 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448483 | Chalice Gold Mines(Quebec)Inc. | 100% |
14
| Project | Claim Number | Registered Holder | Ownership interest |
|---|---|---|---|
| Kinebik | 2448484 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448485 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448486 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448487 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448488 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448489 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448490 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448491 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448492 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448493 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448494 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448495 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448496 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2448497 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449277 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449278 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449279 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449280 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449281 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449282 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449283 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449284 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449285 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449286 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449287 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449288 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449289 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449290 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449291 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449292 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449293 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449294 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449295 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449296 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449297 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449298 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449299 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449300 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449301 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449302 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449303 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449304 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449305 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449306 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449307 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449308 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449309 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449310 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449311 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449312 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449313 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449314 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449315 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449316 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449317 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449318 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449319 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449320 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449321 | Chalice Gold Mines(Quebec)Inc. | 100% |
15
| Project | Claim Number | Registered Holder | Ownership interest |
|---|---|---|---|
| Kinebik | 2449322 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449323 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449324 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449325 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449326 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449327 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449328 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449329 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449330 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449331 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449332 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449333 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449334 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449335 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449336 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449337 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449338 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449339 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449340 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449341 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449342 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449343 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449344 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449345 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449346 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449347 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449348 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449349 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449350 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449351 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449352 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449353 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449354 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449355 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449356 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449357 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449358 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449359 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449360 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449361 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449362 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449363 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449364 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449365 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449366 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449367 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449368 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449369 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449370 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449371 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449372 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449373 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449374 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2449375 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454112 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454113 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454308 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454309 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454310 | Chalice Gold Mines(Quebec)Inc. | 100% |
16
| Project | Claim Number | Registered Holder | Ownership interest |
|---|---|---|---|
| Kinebik | 2454311 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454312 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454313 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454314 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454315 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454316 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454317 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454318 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454319 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454320 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454863 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454864 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454865 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454866 | Chalice Gold Mines(Quebec)Inc. | 100% |
| Kinebik | 2454867 | Chalice Gold Mines(Quebec)Inc. | 100% |
17
Appendix 3 – Tenements relinquished, reduced or lapsed (directly or beneficially) during the quarter
| Project | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|
| Ardeen | 1022635 | Pele Gold Corporation | 0% |
| Ardeen | 1022636 | Pele Gold Corporation | 0% |
| Ardeen | 1022637 | Pele Gold Corporation | 0% |
| Ardeen | 1135465 | Pele Gold Corporation | 0% |
| Ardeen | 1135466 | Pele Gold Corporation | 0% |
| Ardeen | 1157496 | Pele Gold Corporation | 0% |
| Ardeen | 1157497 | Pele Gold Corporation | 0% |
| Ardeen | 1157666 | Pele Gold Corporation | 0% |
| Ardeen | 1157667 | Pele Gold Corporation | 0% |
| Ardeen | 1157668 | Pele Gold Corporation | 0% |
| Ardeen | 1157670 | Pele Gold Corporation | 0% |
| Ardeen | 1157671 | Pele Gold Corporation | 0% |
| Ardeen | 1164874 | Pele Gold Corporation | 0% |
| Ardeen | 1164875 | Pele Gold Corporation | 0% |
| Ardeen | 1164876 | Pele Gold Corporation | 0% |
| Ardeen | 1164877 | Pele Gold Corporation | 0% |
| Ardeen | 1172315 | Pele Gold Corporation | 0% |
| Ardeen | 1172316 | Pele Gold Corporation | 0% |
| Ardeen | 1172317 | Pele Gold Corporation | 0% |
| Ardeen | 1172340 | Pele Gold Corporation | 0% |
| Ardeen | 1172345 | Pele Gold Corporation | 0% |
| Ardeen | 1172346 | Pele Gold Corporation | 0% |
| Ardeen | 1172347 | Pele Gold Corporation | 0% |
| Ardeen | 1172348 | Pele Gold Corporation | 0% |
| Ardeen | 1172349 | Pele Gold Corporation | 0% |
| Ardeen | 1172350 | Pele Gold Corporation | 0% |
| Ardeen | 1172355 | Pele Gold Corporation | 0% |
| Ardeen | 1172356 | Pele Gold Corporation | 0% |
| Ardeen | 1172365 | Pele Gold Corporation | 0% |
| Ardeen | 1172366 | Pele Gold Corporation | 0% |
| Ardeen | 1172367 | Pele Gold Corporation | 0% |
| Ardeen | 1172368 | Pele Gold Corporation | 0% |
| Ardeen | 1172369 | Pele Gold Corporation | 0% |
| Ardeen | 1172375 | Pele Gold Corporation | 0% |
| Ardeen | 1172385 | Pele Gold Corporation | 0% |
| Ardeen | 1172386 | Pele Gold Corporation | 0% |
| Ardeen | 1172387 | Pele Gold Corporation | 0% |
| Ardeen | 1172388 | Pele Gold Corporation | 0% |
| Ardeen | 1172395 | Pele Gold Corporation | 0% |
| Ardeen | 1172396 | Pele Gold Corporation | 0% |
| Ardeen | 1195937 | Pele Gold Corporation | 0% |
| Ardeen | 1195940 | Pele Gold Corporation | 0% |
| Ardeen | 1196147 | Pele Gold Corporation | 0% |
| Ardeen | 1196239 | Pele Gold Corporation | 0% |
| Ardeen | 1196240 | Pele Gold Corporation | 0% |
| Ardeen | 1196870 | Pele Gold Corporation | 0% |
| Ardeen | 1196921 | Pele Gold Corporation | 0% |
| Ardeen | 1196923 | Pele Gold Corporation | 0% |
| Ardeen | 1196924 | Pele Gold Corporation | 0% |
| Ardeen | 1202036 | Pele Gold Corporation | 0% |
| Ardeen | 1202264 | Pele Gold Corporation | 0% |
| Ardeen | 1202265 | Pele Gold Corporation | 0% |
| Ardeen | 1202302 | Pele Gold Corporation | 0% |
| Ardeen | 1205201 | Pele Gold Corporation | 0% |
| Ardeen | 1205202 | Pele Gold Corporation | 0% |
| Ardeen | 1205203 | Pele Gold Corporation | 0% |
| Ardeen | 1205204 | Pele Gold Corporation | 0% |
18
| Project | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|
| Ardeen | 1205287 | Pele Gold Corporation | 0% |
| Ardeen | 1209440 | Pele Gold Corporation | 0% |
| Ardeen | 1209441 | Pele Gold Corporation | 0% |
| Ardeen | 1209470 | Pele Gold Corporation | 0% |
| Ardeen | 1209697 | Pele Gold Corporation | 0% |
| Ardeen | 1209698 | Pele Gold Corporation | 0% |
| Ardeen | 1209770 | Pele Gold Corporation | 0% |
| Ardeen | 1210243 | Pele Gold Corporation | 0% |
| Ardeen | 1210245 | Pele Gold Corporation | 0% |
| Ardeen | 1210776 | Pele Gold Corporation | 0% |
| Ardeen | 1210792 | Pele Gold Corporation | 0% |
| Ardeen | 1215147 | Pele Gold Corporation | 0% |
| Ardeen | 1215148 | Pele Gold Corporation | 0% |
| Ardeen | 1215149 | Pele Gold Corporation | 0% |
| Ardeen | 1215450 | Pele Gold Corporation | 0% |
| Ardeen | 1215451 | Pele Gold Corporation | 0% |
| Ardeen | 1215452 | Pele Gold Corporation | 0% |
| Ardeen | 1215453 | Pele Gold Corporation | 0% |
| Ardeen | 1215454 | Pele Gold Corporation | 0% |
| Ardeen | 1215751 | Pele Gold Corporation | 0% |
| Ardeen | 1215752 | Pele Gold Corporation | 0% |
| Ardeen | 1215758 | Pele Gold Corporation | 0% |
| Ardeen | 1215760 | Pele Gold Corporation | 0% |
| Ardeen | 1215831 | Pele Gold Corporation | 0% |
| Ardeen | 1215859 | Pele Gold Corporation | 0% |
| Ardeen | 1217105 | Pele Gold Corporation | 0% |
| Ardeen | 1224629 | Pele Gold Corporation | 0% |
| Ardeen | 3001505 | Pele Gold Corporation | 0% |
| Ardeen | 3001506 | Pele Gold Corporation | 0% |
| Ardeen | 3001507 | Pele Gold Corporation | 0% |
| Ardeen | 677468 | Pele Gold Corporation | 0% |
| Ardeen | 677469 | Pele Gold Corporation | 0% |
| Ardeen | 677470 | Pele Gold Corporation | 0% |
| Ardeen | 677471 | Pele Gold Corporation | 0% |
| Ardeen | 677472 | Pele Gold Corporation | 0% |
| Ardeen | 677473 | Pele Gold Corporation | 0% |
| Ardeen | 677474 | Pele Gold Corporation | 0% |
| Ardeen | 677475 | Pele Gold Corporation | 0% |
| Ardeen | 677476 | Pele Gold Corporation | 0% |
| Ardeen | 677477 | Pele Gold Corporation | 0% |
| Ardeen | 677478 | Pele Gold Corporation | 0% |
| Ardeen | 677479 | Pele Gold Corporation | 0% |
| Ardeen | 786521 | Pele Gold Corporation | 0% |
| Ardeen | 786522 | Pele Gold Corporation | 0% |
| Ardeen | 786523 | Pele Gold Corporation | 0% |
| Ardeen | 786524 | Pele Gold Corporation | 0% |
| Ardeen | 786525 | Pele Gold Corporation | 0% |
| Ardeen | 786526 | Pele Gold Corporation | 0% |
| Ardeen | 786527 | Pele Gold Corporation | 0% |
| Ardeen | 786528 | Pele Gold Corporation | 0% |
| Ardeen | 786529 | Pele Gold Corporation | 0% |
| Ardeen | 786541 | Pele Gold Corporation | 0% |
| Ardeen | 786542 | Pele Gold Corporation | 0% |
| Ardeen | 786543 | Pele Gold Corporation | 0% |
| Ardeen | 786544 | Pele Gold Corporation | 0% |
| Ardeen | 786545 | Pele Gold Corporation | 0% |
| Ardeen | 813157 | Pele Gold Corporation | 0% |
| Ardeen | 813158 | Pele Gold Corporation | 0% |
| Ardeen | 813159 | Pele Gold Corporation | 0% |
19
| Project | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|
| Ardeen | 813160 | Pele Gold Corporation | 0% |
| Ardeen | 813161 | Pele Gold Corporation | 0% |
| Ardeen | 813162 | Pele Gold Corporation | 0% |
| Ardeen | 813163 | Pele Gold Corporation | 0% |
| Ardeen | 813164 | Pele Gold Corporation | 0% |
| Ardeen | 813165 | Pele Gold Corporation | 0% |
| Ardeen | 813166 | Pele Gold Corporation | 0% |
| Ardeen | 835178 | Pele Gold Corporation | 0% |
| Ardeen | 835179 | Pele Gold Corporation | 0% |
| Ardeen | 835184 | Pele Gold Corporation | 0% |
| Ardeen | 835185 | Pele Gold Corporation | 0% |
| Ardeen | 835186 | Pele Gold Corporation | 0% |
| Ardeen | 835187 | Pele Gold Corporation | 0% |
| Ardeen | 835188 | Pele Gold Corporation | 0% |
| Ardeen | 835189 | Pele Gold Corporation | 0% |
| Ardeen | 835190 | Pele Gold Corporation | 0% |
| Ardeen | 835195 | Pele Gold Corporation | 0% |
| Ardeen | 835196 | Pele Gold Corporation | 0% |
| Ardeen | 835197 | Pele Gold Corporation | 0% |
| Ardeen | 835304 | Pele Gold Corporation | 0% |
| Ardeen | 835305 | Pele Gold Corporation | 0% |
| Ardeen | 835306 | Pele Gold Corporation | 0% |
| Ardeen | 835307 | Pele Gold Corporation | 0% |
| Ardeen | 835308 | Pele Gold Corporation | 0% |
| Ardeen | 835309 | Pele Gold Corporation | 0% |
| Ardeen | 835310 | Pele Gold Corporation | 0% |
| Ardeen | 835311 | Pele Gold Corporation | 0% |
| Ardeen | 835312 | Pele Gold Corporation | 0% |
| Ardeen | 835313 | Pele Gold Corporation | 0% |
| Ardeen | 863760 | Pele Gold Corporation | 0% |
| Ardeen | 873515 | Pele Gold Corporation | 0% |
| Ardeen | 873516 | Pele Gold Corporation | 0% |
| Ardeen | 873517 | Pele Gold Corporation | 0% |
| Ardeen | 873518 | Pele Gold Corporation | 0% |
| Ardeen | 873519 | Pele Gold Corporation | 0% |
| Ardeen | 873520 | Pele Gold Corporation | 0% |
| Ardeen | 873522 | Pele Gold Corporation | 0% |
| RainyRiver | 4254475 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4254476 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4254477 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4254478 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4254479 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4260559 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4260560 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4260561 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4260562 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4260563 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214439 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214438 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214440 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214441 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214442 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205814 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205815 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205816 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205817 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205818 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4250319 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205809 | CoventryRainyRiver Inc. | 0% |
20
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, 01/05/13, 01/09/16
Name of entity
Chalice Gold Mines Limited
ABN
ABN Quarter ended (“current quarter”) 47 116 648 956 30 September 2016
| Consolidated statement of cash flows | Current quarter $A’000 |
Year to date (3 months) $A’000 |
|---|---|---|
| 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) staff costs (e) administration and corporate costs 1.3 Dividends received (see note 3) 1.4 Interest received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Research and development refunds 1.8 Other – Business Development 1.9 Net cash from / (used in) operating activities |
38 (498) - - (196) (180) - 36 - - - (776) |
38 (498) - - (196) (180) - 36 - - - (776) |
| (1,576) | (1,576) | |
| 2. Cash flows from investing activities 2.1 Payments to acquire: (a) property, plant and equipment (b) tenements (see item 10) (c) investments (d) other non-current assets |
(14) - - |
(14) - - |
- See chapter 19 for defined terms
1 September 2016
Page 1
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
| Consolidated statement of cash flows | Current quarter $A’000 |
Year to date (3 months) $A’000 |
|---|---|---|
| 2.2 Proceeds from the disposal of: (a) property, plant and equipment (b) tenements (see item 10) (c) investments (d) other non-current assets 2.3 Cash flows from loans to other entities 2.4 Dividends received (see note 3) 2.5 Other (provide details if material) 2.6 Net cash from / (used in) investing activities |
- 25 - - - - - |
- 25 - - - - - |
| 11 | 11 | |
| 3. Cash flows from financing activities 3.1 Proceeds from issues of shares 3.2 Proceeds from issue of convertible notes 3.3 Proceeds from exercise of share options 3.4 Transaction costs related to issues of shares, convertible notes or options 3.5 Proceeds from borrowings 3.6 Repayment of borrowings 3.7 Transaction costs related to loans and borrowings 3.8 Dividends paid 3.9 Other (on-market share buy-back) 3.10 Net cash from / (used in) financing activities |
- - - - - - - - (2,365) |
- - - - - - - - (2,365) |
| (2,365) | (2,365) | |
| 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 4.2 Net cash from / (used in) operating activities (item 1.9 above) 4.3 Net cash from / (used in) investing activities (item 2.6 above) 4.4 Net cash from / (used in) financing activities (item 3.10 above) 4.5 Effect of movement in exchange rates on cash held 4.6 Cash and cash equivalents at end of period |
35,734 (1,576) 11 (2,365) (566) |
35,734 (1,576) 11 (2,365) (566) |
| 31,238 | 31,238 |
- See chapter 19 for defined terms 1 September 2016
Page 2
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
| 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts |
Current quarter $A’000 |
Previous quarter $A’000 |
|---|---|---|
| 5.1 Bank balances 5.2 Call deposits 5.3 Bank overdrafts 5.4 Other (provide details) 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) |
26,238 5,000 - - |
25,734 10,000 |
| 31,238 | 35,734 |
| 6. | Payments to directors of the entity and their associates | Current quarter |
|---|---|---|
| $A'000 | ||
| 6.1 | Aggregate amount of payments to these parties included in item 1.2 | 183 |
| 6.2 | Aggregate amount of cash flow from loans to these parties included | - |
| in item 2.3 | ||
| 6.3 | Include below any explanation necessary to understand the transactions included in | |
| items 6.1 and 6.2 |
Includes directors’ fees and salaries (including superannuation) of $156,325 and consulting services of Mr Kiernan ($27,000).
| 7. | Payments to related entities of the entity and their | Current quarter | |
|---|---|---|---|
| associates | $A'000 | ||
| 7.1 | Aggregate amount of payments to these parties included in item 1.2 | - | |
| 7.2 | Aggregate amount of cash flow from loans to these parties included | - | |
| in item 2.3 | |||
| 7.3 | Include below any explanation necessary to understand the transactions included in | ||
| items 7.1 and 7.2 |
| 8. Financing facilities available Add notes as necessary for an understanding of the position Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 8.1 Loan facilities - - 8.2 Credit standby arrangements - - 8.3 Other (please specify) - - 8.4 Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well. |
Total facility amount at quarter end $A’000 |
Amount drawn at quarter end $A’000 |
|
|---|---|---|---|
| - | - | ||
| - | - | ||
| - | - | ||
| N/A |
N/A
- See chapter 19 for defined terms 1 September 2016
Page 3
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
| 9. Estimated cash outflows for next quarter |
$A’000 |
|---|---|
| 9.1 Exploration and evaluation 9.2 Development 9.3 Production 9.4 Staff costs 9.5 Administration and corporate costs(1) 9.6 Other: Business development costs 9.7 Total estimated cash outflows |
(1,100) - - (230) (60) (360) |
| 1,750 | |
| (1)Administration and corporate is net of interest received and receipts from customers. |
- See chapter 19 for defined terms 1 September 2016
Page 4
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
| 10. Changes in tenements (items 2.1(b) and 2.2(b) above) |
Tenement reference and location |
Nature of interest | Interest at beginning of quarter |
Intere st at end of quart er |
|---|---|---|---|---|
| 10.1 Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced |
AUSTRALIA: E51/0926 E51/0927 CANADA: Refer appendix 1 |
12.03% Ownership | 12.03% | 0% |
| 10.2 Interests in mining tenements and petroleum tenements acquired or increased |
AUSTRALIA: E37/1250 E39/1914 E77/2353 E77/2354 P39/5600 P39/5601 Warrego North JV: EL23764 West Pilbara Gold Project: E08/1227 E08/1283 E08/1289 E08/1294 E08/1295 E08/1430 E08/1473 E08/1516 E08/1537 E47/1141 E47/1693 Latitude Hill Gold Project: ELA69/2817 ELA69/2610 ELA69/2592 ELA69/3421 ELA69/3399 CANADA Kinebik: 2454863 2454864 2454865 2454866 2454867 |
Owned Subject to farm-in agreement with Meteoric Resources NL, right to earn up to 51% interest or 70% as applicable. Subject to farm-in agreement with Red Hill Iron Limited, right to earn up to 51% interest or 70% as applicable (in all minerals other than iron ore). Subject to farm-in agreement with Traka Resources Limited, right to earn up to 51% interest or 70% as applicable. Owned |
0% 0% 0% 0% 0% |
100% 0% 0% 0% 100% |
- See chapter 19 for defined terms 1 September 2016
Page 5
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Compliance statement
-
1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
-
2 This statement gives a true and fair view of the matters disclosed.
Sign here: Date: 27 October 2016 (Company secretary)
Print name: Leanne Stevens
Notes
-
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 that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.
-
If this quarterly report has been prepared in accordance with Australian Accounting Standards, 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. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.
-
Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.
-
See chapter 19 for defined terms 1 September 2016
Page 6
Appendix 1 – Interests mining tenements lapsed, relinquished or reduced (Canada)
| Project | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|
| Ardeen | 1022635 | Pele Gold Corporation | 0% |
| Ardeen | 1022636 | Pele Gold Corporation | 0% |
| Ardeen | 1022637 | Pele Gold Corporation | 0% |
| Ardeen | 1135465 | Pele Gold Corporation | 0% |
| Ardeen | 1135466 | Pele Gold Corporation | 0% |
| Ardeen | 1157496 | Pele Gold Corporation | 0% |
| Ardeen | 1157497 | Pele Gold Corporation | 0% |
| Ardeen | 1157666 | Pele Gold Corporation | 0% |
| Ardeen | 1157667 | Pele Gold Corporation | 0% |
| Ardeen | 1157668 | Pele Gold Corporation | 0% |
| Ardeen | 1157670 | Pele Gold Corporation | 0% |
| Ardeen | 1157671 | Pele Gold Corporation | 0% |
| Ardeen | 1164874 | Pele Gold Corporation | 0% |
| Ardeen | 1164875 | Pele Gold Corporation | 0% |
| Ardeen | 1164876 | Pele Gold Corporation | 0% |
| Ardeen | 1164877 | Pele Gold Corporation | 0% |
| Ardeen | 1172315 | Pele Gold Corporation | 0% |
| Ardeen | 1172316 | Pele Gold Corporation | 0% |
| Ardeen | 1172317 | Pele Gold Corporation | 0% |
| Ardeen | 1172340 | Pele Gold Corporation | 0% |
| Ardeen | 1172345 | Pele Gold Corporation | 0% |
| Ardeen | 1172346 | Pele Gold Corporation | 0% |
| Ardeen | 1172347 | Pele Gold Corporation | 0% |
| Ardeen | 1172348 | Pele Gold Corporation | 0% |
| Ardeen | 1172349 | Pele Gold Corporation | 0% |
| Ardeen | 1172350 | Pele Gold Corporation | 0% |
| Ardeen | 1172355 | Pele Gold Corporation | 0% |
| Ardeen | 1172356 | Pele Gold Corporation | 0% |
| Ardeen | 1172365 | Pele Gold Corporation | 0% |
| Ardeen | 1172366 | Pele Gold Corporation | 0% |
| Ardeen | 1172367 | Pele Gold Corporation | 0% |
| Ardeen | 1172368 | Pele Gold Corporation | 0% |
| Ardeen | 1172369 | Pele Gold Corporation | 0% |
| Ardeen | 1172375 | Pele Gold Corporation | 0% |
| Ardeen | 1172385 | Pele Gold Corporation | 0% |
| Ardeen | 1172386 | Pele Gold Corporation | 0% |
| Ardeen | 1172387 | Pele Gold Corporation | 0% |
| Ardeen | 1172388 | Pele Gold Corporation | 0% |
| Ardeen | 1172395 | Pele Gold Corporation | 0% |
| Ardeen | 1172396 | Pele Gold Corporation | 0% |
| Ardeen | 1195937 | Pele Gold Corporation | 0% |
| Ardeen | 1195940 | Pele Gold Corporation | 0% |
| Ardeen | 1196147 | Pele Gold Corporation | 0% |
| Ardeen | 1196239 | Pele Gold Corporation | 0% |
| Ardeen | 1196240 | Pele Gold Corporation | 0% |
| Ardeen | 1196870 | Pele Gold Corporation | 0% |
| Ardeen | 1196921 | Pele Gold Corporation | 0% |
| Ardeen | 1196923 | Pele Gold Corporation | 0% |
| Ardeen | 1196924 | Pele Gold Corporation | 0% |
| Ardeen | 1202036 | Pele Gold Corporation | 0% |
| Ardeen | 1202264 | Pele Gold Corporation | 0% |
| Ardeen | 1202265 | Pele Gold Corporation | 0% |
| Ardeen | 1202302 | Pele Gold Corporation | 0% |
| Ardeen | 1205201 | Pele Gold Corporation | 0% |
| Ardeen | 1205202 | Pele Gold Corporation | 0% |
| Ardeen | 1205203 | Pele Gold Corporation | 0% |
| Ardeen | 1205204 | Pele Gold Corporation | 0% |
| Ardeen | 1205287 | Pele Gold Corporation | 0% |
Page 7
| Project | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|
| Ardeen | 1209440 | Pele Gold Corporation | 0% |
| Ardeen | 1209441 | Pele Gold Corporation | 0% |
| Ardeen | 1209470 | Pele Gold Corporation | 0% |
| Ardeen | 1209697 | Pele Gold Corporation | 0% |
| Ardeen | 1209698 | Pele Gold Corporation | 0% |
| Ardeen | 1209770 | Pele Gold Corporation | 0% |
| Ardeen | 1210243 | Pele Gold Corporation | 0% |
| Ardeen | 1210245 | Pele Gold Corporation | 0% |
| Ardeen | 1210776 | Pele Gold Corporation | 0% |
| Ardeen | 1210792 | Pele Gold Corporation | 0% |
| Ardeen | 1215147 | Pele Gold Corporation | 0% |
| Ardeen | 1215148 | Pele Gold Corporation | 0% |
| Ardeen | 1215149 | Pele Gold Corporation | 0% |
| Ardeen | 1215450 | Pele Gold Corporation | 0% |
| Ardeen | 1215451 | Pele Gold Corporation | 0% |
| Ardeen | 1215452 | Pele Gold Corporation | 0% |
| Ardeen | 1215453 | Pele Gold Corporation | 0% |
| Ardeen | 1215454 | Pele Gold Corporation | 0% |
| Ardeen | 1215751 | Pele Gold Corporation | 0% |
| Ardeen | 1215752 | Pele Gold Corporation | 0% |
| Ardeen | 1215758 | Pele Gold Corporation | 0% |
| Ardeen | 1215760 | Pele Gold Corporation | 0% |
| Ardeen | 1215831 | Pele Gold Corporation | 0% |
| Ardeen | 1215859 | Pele Gold Corporation | 0% |
| Ardeen | 1217105 | Pele Gold Corporation | 0% |
| Ardeen | 1224629 | Pele Gold Corporation | 0% |
| Ardeen | 3001505 | Pele Gold Corporation | 0% |
| Ardeen | 3001506 | Pele Gold Corporation | 0% |
| Ardeen | 3001507 | Pele Gold Corporation | 0% |
| Ardeen | 677468 | Pele Gold Corporation | 0% |
| Ardeen | 677469 | Pele Gold Corporation | 0% |
| Ardeen | 677470 | Pele Gold Corporation | 0% |
| Ardeen | 677471 | Pele Gold Corporation | 0% |
| Ardeen | 677472 | Pele Gold Corporation | 0% |
| Ardeen | 677473 | Pele Gold Corporation | 0% |
| Ardeen | 677474 | Pele Gold Corporation | 0% |
| Ardeen | 677475 | Pele Gold Corporation | 0% |
| Ardeen | 677476 | Pele Gold Corporation | 0% |
| Ardeen | 677477 | Pele Gold Corporation | 0% |
| Ardeen | 677478 | Pele Gold Corporation | 0% |
| Ardeen | 677479 | Pele Gold Corporation | 0% |
| Ardeen | 786521 | Pele Gold Corporation | 0% |
| Ardeen | 786522 | Pele Gold Corporation | 0% |
| Ardeen | 786523 | Pele Gold Corporation | 0% |
| Ardeen | 786524 | Pele Gold Corporation | 0% |
| Ardeen | 786525 | Pele Gold Corporation | 0% |
| Ardeen | 786526 | Pele Gold Corporation | 0% |
| Ardeen | 786527 | Pele Gold Corporation | 0% |
| Ardeen | 786528 | Pele Gold Corporation | 0% |
| Ardeen | 786529 | Pele Gold Corporation | 0% |
| Ardeen | 786541 | Pele Gold Corporation | 0% |
| Ardeen | 786542 | Pele Gold Corporation | 0% |
| Ardeen | 786543 | Pele Gold Corporation | 0% |
| Ardeen | 786544 | Pele Gold Corporation | 0% |
| Ardeen | 786545 | Pele Gold Corporation | 0% |
| Ardeen | 813157 | Pele Gold Corporation | 0% |
| Ardeen | 813158 | Pele Gold Corporation | 0% |
| Ardeen | 813159 | Pele Gold Corporation | 0% |
| Ardeen | 813160 | Pele Gold Corporation | 0% |
| Ardeen | 813161 | Pele Gold Corporation | 0% |
Page 8
| Project | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|
| Ardeen | 813162 | Pele Gold Corporation | 0% |
| Ardeen | 813163 | Pele Gold Corporation | 0% |
| Ardeen | 813164 | Pele Gold Corporation | 0% |
| Ardeen | 813165 | Pele Gold Corporation | 0% |
| Ardeen | 813166 | Pele Gold Corporation | 0% |
| Ardeen | 835178 | Pele Gold Corporation | 0% |
| Ardeen | 835179 | Pele Gold Corporation | 0% |
| Ardeen | 835184 | Pele Gold Corporation | 0% |
| Ardeen | 835185 | Pele Gold Corporation | 0% |
| Ardeen | 835186 | Pele Gold Corporation | 0% |
| Ardeen | 835187 | Pele Gold Corporation | 0% |
| Ardeen | 835188 | Pele Gold Corporation | 0% |
| Ardeen | 835189 | Pele Gold Corporation | 0% |
| Ardeen | 835190 | Pele Gold Corporation | 0% |
| Ardeen | 835195 | Pele Gold Corporation | 0% |
| Ardeen | 835196 | Pele Gold Corporation | 0% |
| Ardeen | 835197 | Pele Gold Corporation | 0% |
| Ardeen | 835304 | Pele Gold Corporation | 0% |
| Ardeen | 835305 | Pele Gold Corporation | 0% |
| Ardeen | 835306 | Pele Gold Corporation | 0% |
| Ardeen | 835307 | Pele Gold Corporation | 0% |
| Ardeen | 835308 | Pele Gold Corporation | 0% |
| Ardeen | 835309 | Pele Gold Corporation | 0% |
| Ardeen | 835310 | Pele Gold Corporation | 0% |
| Ardeen | 835311 | Pele Gold Corporation | 0% |
| Ardeen | 835312 | Pele Gold Corporation | 0% |
| Ardeen | 835313 | Pele Gold Corporation | 0% |
| Ardeen | 863760 | Pele Gold Corporation | 0% |
| Ardeen | 873515 | Pele Gold Corporation | 0% |
| Ardeen | 873516 | Pele Gold Corporation | 0% |
| Ardeen | 873517 | Pele Gold Corporation | 0% |
| Ardeen | 873518 | Pele Gold Corporation | 0% |
| Ardeen | 873519 | Pele Gold Corporation | 0% |
| Ardeen | 873520 | Pele Gold Corporation | 0% |
| Ardeen | 873522 | Pele Gold Corporation | 0% |
| RainyRiver | 4254475 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4254476 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4254477 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4254478 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4254479 | CoventryResources Ontario Inc. | 0% |
| RainyRiver | 4260559 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4260560 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4260561 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4260562 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4260563 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214439 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214438 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214440 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214441 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4214442 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205814 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205815 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205816 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205817 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205818 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4250319 | CoventryRainyRiver Inc. | 0% |
| RainyRiver | 4205809 | CoventryRainyRiver Inc. | 0% |
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