AI assistant
CHALICE MINING LIMITED — Interim / Quarterly Report 2016
Apr 26, 2016
64649_rns_2016-04-26_06a5a2d2-370e-4931-8545-19992e293db9.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer
ASX Announcement
March 2016 Quarterly Report
27 April 2016
Highlights:
-
The 2016 Cameron exploration targeting program completed this quarter has identified priority areas for followup exploration in the vicinity of known gold deposits (Cameron, Dubenski, Dogpaw) and areas of known gold mineralisation (Monte Cristo, Golden Triangle).
-
The identification of new structural controls within the broader Cameron project area has highlighted targets for further exploration follow-up including the new highly prospective fault system in the Brooks Lake area which shows similarities to the Pipestone-Cameron and Monte Cristo fault intersections that hosts the Cameron gold deposit.
-
As a result of the improved understanding of mineralisation controls, a total of 56 new claims totalling 12,976 hectares were staked to cover the majority of the Kakagi fault that extends west of the new Brooks Lake discoveries made in 2015.
-
The Kakagi fault trend is a classic greenstone-hosted orogenic gold fault array with late tectonic Timiskamingtype sediment panels, late tectonic intrusions and historic showings. Similar reconnaissance-type pathfinder geochemistry screening work is scheduled.
-
New Australian exploration initiative commenced this quarter with new tenement applications in the Western Australian goldfields.
-
Chalice’s 12% interest in the Gnaweeda Gold Project sold to Doray Minerals for 400,000 Doray shares.
-
Chalice continues to target additional high-potential opportunities globally.
-
Chalice’s balance sheet remains strong with cash of ~A$37M at 31 March 2016.
Overview:
Chalice Gold Mines Limited (ASX: CHN: TSX:CXN – “Chalice” or “the Company”) is pleased to report results for the quarter following a comprehensive review of exploration targets at its 100%-owned Cameron Gold Project (“Cameron” or “the Project”) in Ontario, Canada.
Priority exploration targets have been identified from a systematic project-wide review of 2015 Chalice exploration results and historic exploration data. Targets are located in the immediate vicinity of the Cameron gold deposit including gold mineralisation trends adjacent to and along strike of the Cameron gold deposit. In addition, a number of new targets have been identified in the broader project region including areas with previously identified gold mineralisation.
Chalice has also recently pegged an additional 56 new mining claims (with 4 in application) over an interpreted western extension of the prospective greenstone belt adjoining Cameron (Kakagi Lake).
In addition, subsequent to quarter end, Chalice’s non-core 12% interest in the Gnaweeda Gold Project in Western Australia was sold to joint venture partner Doray Minerals Limited (ASX: DRM) for 400,000 shares in Doray with a current value of approximately $382,000.
==> picture [521 x 20] intentionally omitted <==
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
1. Cameron Gold Project (Chalice 100%) The Cameron Gold Project is an advanced resource project located in the highly mineralised southern part of western Ontario in Canada, approximately 80km south-east of the town of Kenora. The Project has a number of attractive attributes, including good grades, low political risk in a mature mining jurisdiction with low costs, conventional metallurgy, and a midsized gold project that is well within Chalice’s funding and development capability
1.1 Kakagi Lake Recent Staking
A total of 56 new claims (with 4 in application) totaling 12,976 Hectares were staked in the current quarter along a newly recognised prospective fault trending west of the existing property (Figure 1). The new claims increase the property by approximately 30% to a total size of 43,974 Hectares. The claims cover the entire length of the Kakagi Lake fault where it has preserved fault panels of late tectonic sediments.
1.2 Data Integration
The 2016 winter program included a review of the current project database and recently acquired historic data from the West Cedartree acquisition and newly compiled historical data. New and existing data were merged with the 2015 data to produce property-wide datasets for the first time in three decades, including outcrop geology, diamond and reverse circulation drilling, rock chip and channel sampling, lake sediment and till sampling.
1.3 New Targeting
The new integrated geological and geophysical data allowed for a property-wide assessment of prospective geological settings with similar attributes to the newly recognised controls on the Cameron gold deposit. A total of seven high-priority exploration areas have been identified in the project as shown in Figure 1 and summarised below:
-
Cameron gold deposit; 2. Golden Triangle;
-
Dubenski gold deposit;
-
Dogpaw gold deposit;
-
Monte-Cristo;
-
Brooks Lake; 7. Wicks Lake.
==> picture [443 x 307] intentionally omitted <==
----- Start of picture text -----
Cameron Gold Deposit
----- End of picture text -----
Figure 1: Cameron Gold Project showing location of seven priority areas for follow-up exploration
2
Cameron Gold Deposit (refer “1” on Figure 1 for location)
A total of eight target areas are identified on and adjacent to the Cameron gold deposit (see Figure 2).
-
Down plunge and adjacent targets on the Cameron deposit including hanging wall and foot wall zones (Target Areas 1, 3).
-
Strike extension targets to the south of Cameron deposit (Target Area 6).
-
West margin of the footwall gabbro with anomalous top of bedrock RC (Target Area 2).
-
Subparallel strand of the Pipestone-Cameron fault with coincident MMI soil anomaly (Target Area 4).
-
Subparallel strands of the Pipestone-Cameron fault crosscutting gabbro sills with coincident lake sediment anomalies (Target Area 7).
-
Subparallel strands of the Pipestone-Cameron fault crosscutting gabbro sills with coincident rock chip gold plus pathfinder anomalies (Target Area 8).
Follow up work programs on these priority targets include surface stripping, mapping and sampling, detailed surface mapping, rock chip sampling and SWIR scanning. An additional program of detailed lake sediment sampling is planned to extend coverage on Cameron Lake.
==> picture [497 x 314] intentionally omitted <==
Figure 2: Cameron Gold Deposit exploration target areas.
Golden Triangle (refer “2” on Figure 1 for location).
High quality exploration targets have been identified in the Golden Triangle area including specific targets and zones in the East Cameron, Meston, Nolan, Sullivan and Roy areas (see Figure 3), including:
-
Multiple targets along the east contact of a major gabbro sill extending from Roy to Meston defined by anomalous to high grade rock chip, MMI soil, top of bedrock RC Au and historic showings.
-
A major fault intersection between the Pipestone-Cameron and Monte Cristo faults along strike to the south beneath Cameron Lake.
-
Recognition of at least one and possibly two new southwest-trending mineralised fault arrays defined by the presence of late tectonic porphyry dykes extending southwest from the Roy area.
3
Targets for follow-up include stripping several high priority areas including additional trenching along strike from 2015 gold mineralisation discoveries in the Kirlyew showing area near Roy, along the gabbro-tuff contact west of Sullivan and Meston, over additional MMI anomalies in the Nolan area. Geological mapping is also planned between Cameron Lake and Rowan Lake, as this has not been undertaken since the early 1980’s. Summer 2016 results will be merged with existing data, including merged IP data, to generate and prioritise follow-up diamond drilling programs.
==> picture [497 x 309] intentionally omitted <==
Figure 3: Golden Triangle showing exploration target areas
Dubenski Gold Deposit (refer “3” on Figure 1 for location):
Exploration targets at Dubenski include several down plunge and strike extension targets of the Dubenski gold deposit (Figure 4) and a series of untested soil sample anomalies along strike to the west (Target Area 1). A northwest trending strand of the Pipestone-Cameron fault in contact with a gabbro sill, very similar to the Cameron deposit setting, occurs immediately northeast of the Dubenski deposit beneath Flint Lake, which is flanked by historic gold showings (Target Area 4).
Follow-up exploration includes re-examination of the Dubenski drill core and undertaking selective sampling for multielement geochemistry and SWIR scanning, with comparable work along the trend of mineralisation at surface. Surface stripping along soil anomalies to the west will enhance historic structural interpretations from the 1990’s. Detailed lake sediment sampling in Flint Lake may assist with defining new targets for immediate follow-up. An induced polarisation (IP) survey is proposed for the Dubenski trend.
Dogpaw Gold Deposit (refer “4” on Figure 1 for location)
Strike extension potential exists southwest from the Dogpaw gold deposit on the west limb of the Emm Bay syncline along the contacts of two ultramafic-mafic sills (Figure 4). Exploration targets include untested high-grade gold values from surface channel sampling along strike to the northeast of the Dogpaw gold deposit (Target Area 2), and high grade intersections along a subparallel zone to the immediate southeast that was drilled in 1988 but not followed up. Multiple high grade values from 1940’s and 1980’s era drilling and rock chip anomalies occur between the Robertson showing and the north arm of Kakagi Lake (Target Areas 5, 3, 7 & 8) but no modern surface mapping or geochemistry (e.g. soil sampling) has been conducted along what appears to be a significant fault along the contact between the lower mafic volcanics and the upper volcaniclastic assemblage. Previous drilling at Angel Hill and McLennan is very shallow and limited strike length, is not closed off and plunge was not defined (Target Area 6) and no modern mapping or geochemistry work has been completed along this trend despite good historic gold results.
4
Follow-up exploration includes an examination of drill core and comprehensive rock chip and reconnaissance soil sampling along subparallel trends identified in the targeting exercise. The trend may represent a significant Emm Bay synform limbparallel fault system that is significantly underexplored.
==> picture [497 x 311] intentionally omitted <==
Figure 4: Dubenski & Dogpaw showing exploration target areas
Monte Cristo (refer “5” on Figure 1 for location)
The Monte Cristo and Victor Gold deposits occur along the Monte Cristo fault on the east side of Rowan Lake (Figure 5). The deposits, as well as additional showings to the immediate southwest occur with a periodicity of approximately 1 km, mostly at the intersection with NW trending cross faults. Down plunge and parallel zone targets are present beneath the shallow drilling on both deposits, as well as parallel targets to the northwest.
Follow-up exploration includes updating the surface mapping and rock chip geochemistry along the trend, including structural mapping to attempt to confirm interpreted plunge controls. Follow-up diamond drilling is proposed to test targets in the -50 to -200m levels, subject to confirmation from surface exploration results.
5
==> picture [469 x 321] intentionally omitted <==
Figure 5: Monte-Cristo exploration targets
Brooks Lake (refer “6” on Figure 1 for location)
Recognition of a new fault array along Brooks Lake with multiple geochemical footprint signatures (Figure 6). The fault is subparallel to the Monte Cristo fault to the north and similar potential is envisioned for its intersection with the PipestoneCameron fault as well as along the fault proper. Multiple areas with overlapping reconnaissance rock chip and soil sample anomalies were defined in 2015. Northeast trending zones, including one with gram level gold from rock chip sampling occur along Brooks Lake (Target Areas 1, 3). Pipestone-Cameron fault-related anomalies have also been defined north of Pipestone Lake (Target Areas 2, 5, 6). A setting similar to the Cameron gold deposit has been recognised west of Otterskin Lakes (Target Area 4) adjacent to a historic gold showing.
Follow-up exploration includes surface mapping and infill rock chip and soil sampling above prioritised anomalies. Encouraging results are proposed be tested with surface stripping, where appropriate. Induced Polarization surveys may be warranted as a follow-up of surface geochemical anomalies.
6
==> picture [477 x 301] intentionally omitted <==
Figure 6: Brooks Lake exploration targets
Wicks Lake (refer “7” on Figure 1 for location)
Reconnaissance rock chip and soil sampling surveys outlines an anomalous gold and pathfinder trend north and subparallel to, the Wicks Lake trend (Figure 7; Target Areas 1, 2, 3). Additional areas of structural complexity and rock chip pathfinder anomalism warrant surface follow-up (Target Areas 4, 5).
Follow up exploration includes infill mapping and soil sampling along current trends to define potential stripping targets.
==> picture [474 x 297] intentionally omitted <==
Figure 7: Wicks Lake Area exploration targets
7
2. New Exploration Initiative – Western Australia
The Company has commenced a new phase of target generation in the Western Australian goldfields with applications lodged with the DMP for seven Exploration Licences (“EL”) and three Prospecting Licences (“PL”) covering areas with indications of gold anomalism in surface sampling. Whilst this program of work is generative in nature the Company believes it has a unique position to leverage from a compilation of historic digital exploration data made available to the company under terms of a consulting agreement with a third party. More details will become available once the tenement applications are processed by the DMP.
3. Gnaweeda Project (12% Contributing Interest)
Subsequent to the end of the quarter, Chalice reached agreement with Doray Minerals Limited to sell Chalices residual 12% interest, and associated rights, in the Gnaweeda Project. The consideration paid for these rights is to be 400,000 ordinary shares in Doray Minerals Ltd. Satisfaction of the conditions precedent are underway.
4. Tenement schedules
In accordance with ASX Listing Rule 5.3, please refer to Appendix 1 for listing of tenements.
5. Discussion on Quarterly Cash flow
Chalice’s cash reserves were A$36.5 million as at 31 March 2016 using a month end USD:AUD exchange rate of 0.76.
During the Quarter, the Company spent $0.6 million (YTD: $4.5 million) on exploration and evaluation activities, $0.4 million (YTD: $1.0 million) on administration and overhead costs and $0.5 million (YTD: $1.0 million) on business development activities.
The impact of foreign exchange rates on the Company’s USD cash balances was an exchange loss of $1.6 million for the Quarter (YTD: exchange gain – $0.1 million).
Further details are available in the attached Appendix 5B.
==> picture [110 x 56] intentionally omitted <==
TIM GOYDER Managing Director 27 April 2016
For further information, please contact: For media inquiries, please contact: Tim Goyder Nicholas Read Chalice Gold Mines Limited Read Corporate Telephone +61 9322 3960 Telephone: +618 9388 1474
Competent Persons and Qualifying Persons Statement
The information in this report that relates to Exploration Results in relation to the Cameron Gold Project is based on information compiled by Mr Kevin Frost, a Competent Person who is a member of the Australian Institute of Geoscientists. Mr Frost is a full-time employee of the Company and has sufficient experience that is relevant to the style of mineralisation and 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 Frost 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 that relates to Exploration Results in relation to the Cameron Gold Project is based on information compiled by Mr J W Patrick Lengyel, who is a full-time employee of the Company and is a non-independent
8
“Qualified Person” as defined in National Instrument 43-101 – ‘Standards of Disclosure for Mineral Projects’. The Qualified Person has verified and approved the information disclosed in this report, including sampling, analytical and test data underlying the information contained in this release.
Forward Looking Statements
This document may contain forward-looking information within the meaning of Canadian securities legislation and forwardlooking 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 estimation of mineral reserve and mineral resources, the realisation of mineral reserve estimates, 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.
9
Appendix 1 – Tenement schedules
The following information is provided in accordance with ASX Listing Rule 5.3 for the quarter ended 31 March 2016:
1. Listing of tenements held:
| Location | Project | Tenement No. |
Registered Holder | Nature of interest |
|---|---|---|---|---|
| Australia | Gnaweeda | E51/0926 | Chalice Gold Mines Limited and Teck Australia PtyLtd |
12.03% |
| E51/0927 | Chalice Gold Mines Limited and Teck Australia PtyLtd |
12.03% | ||
| Canada | Refer appendix 2. |
2. Listing of tenements acquired (directly or beneficially) during the quarter:
| Location | Project | Tenement No. |
Registered Holder | Nature of interest |
|---|---|---|---|---|
| Canada | Refer appendix 3. |
3. Tenements relinquished, reduced or lapsed (directly or beneficially) during the quarter:
There were no tenements relinquished, reduced or lapsed (directly or beneficially) during the quarter.
10
Appendix 2 - Tenements held (Canada)
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| Cameron | Claim | 4283921 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283922 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283923 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283924 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283925 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283926 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283927 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283928 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283929 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283930 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283931 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283932 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283933 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283934 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283935 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283936 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283937 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283938 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283939 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283940 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283941 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283942 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283943 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283944 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283945 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283946 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283947 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283948 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283949 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4283950 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1105444 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1105445 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1161574 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1161575 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210120 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210121 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210122 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210123 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210124 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210125 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210126 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210128 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210129 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210130 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210131 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210132 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210133 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210134 | Cameron Gold Operations Ltd | 100% |
11
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| Cameron | Claim | 1210135 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 1210136 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4248906 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4254297 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4255667 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4255668 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4255669 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4257392 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258281 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258282 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258283 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258284 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258285 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258286 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258287 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258288 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258289 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258290 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258291 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258292 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258421 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258422 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258423 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258424 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258425 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258426 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258427 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258428 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258429 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258430 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258431 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258432 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258433 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258434 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258435 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258436 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258437 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258438 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258439 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258440 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258441 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258442 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258443 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258444 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258445 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258446 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258447 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258448 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Claim | 4258449 | Cameron Gold Operations Ltd | 100% |
12
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| Cameron | Claim | 4258450 | Cameron Gold Operations Ltd | 100% | |
| Cameron | Patented miningclaim |
PA8441, 42185-0720 (LT) |
K2766 | Cameron Gold Operations Ltd | 100% |
| Cameron | Patented miningclaim |
PA8442, 42185-0722 (LT) |
K2767 | Cameron Gold Operations Ltd | 100% |
| Cameron | Patented miningclaim |
PA8443, 42185-0724 (LT) |
K2768 | Cameron Gold Operations Ltd | 100% |
| Cameron | Patented miningclaim |
PA9901, 42185-0726 (LT) |
K4712 | Cameron Gold Operations Ltd | 100% |
| Cameron | MLO | 10384 | K4709 | Cameron Gold Operations Ltd | 100% |
| Cameron | MLO | 10405 | K4711 | Cameron Gold Operations Ltd | 100% |
| Cameron | MLO | 10406 | K4710 | Cameron Gold Operations Ltd | 100% |
| Cameron | MLO | 10407 | K4712 | Cameron Gold Operations Ltd | 100% |
| Cameron | MLO | 3366 | K2767 | Cameron Gold Operations Ltd | 100% |
| Cameron | MLO | 3367 | K2768 | Cameron Gold Operations Ltd | 100% |
| Cameron | MiningLease | 108466 | CLM289. Claims K527548- K527567,Nucanolan Property |
Cameron Gold Operations Inc. | 100% |
| Cameron | MiningLease | 108400 | CLM305. Claim K465069- K465075, K465351-K465358, K519950-K519965, K561022- K561025,K666295 |
Cameron Gold Operations Ltd | 100% |
| Cameron | MiningLease | 108400 | CLM306, Claim K386816- K386818, K386888-K386900, K533901-K533908,K666294 |
Cameron Gold Operations Ltd | 100% |
| West Cedar | Claim | 3000802 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Claim | 3000803 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Claim | 3000804 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Claim | 1149862 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Claim | 1196649 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Claim | 3001240 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Claim | 3001298 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Claim | 3010497 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Claim | 3012199 | Cameron Gold Operations Ltd | 100% | |
| West Cedar | Patented miningclaim |
42185-0208(LT) | K9990 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0586(LT) | K9991 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0585(LT) | K9992 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0577(LT) | K9993 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0587(LT) | K9994 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0578(LT) | K9995 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0579(LT) | K9997 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0583(LT) | K10010 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0796(LT) | K10024 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0799(LT) | K10025 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0801(LT) | K10026 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0803(LT) | K10027 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0593(LT) | K10028 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0594(LT) | K10029 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0595(LT) | K10030 | Cameron Gold Operations Ltd | 100% |
13
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| West Cedar | Patented miningclaim |
42185-0588(LT) | K9996 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0584(LT) | K10011 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0580(LT) | K10058 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0807(LT) | K10000 | Cameron Gold Operations Ltd | 100% |
| West Cedar | Patented miningclaim |
42185-0581(LT) | K9999 | Cameron Gold Operations Ltd | 100% |
| West Cedar | MLO | 11143 | K9990, K9992, K9993, K9996, K9999, K10000, K10011, K10058 |
Cameron Gold Operations Ltd | 100% |
| West Cedar | MiningLease | 107495 | K314926, K351875-K351876, K314928-K314931,K273821 |
Cameron Gold Operations Ltd | 100% |
| West Cedar | MiningLease | 107494 | K314927, K314932, K351873, K351874,K351877,K351878 |
Cameron Gold Operations Ltd | 100% |
| Cameron Gold | Claim | 4276513 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276514 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276515 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276516 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276517 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276518 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276519 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276522 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276523 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4267651 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4267652 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283119 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283120 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283731 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283732 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283734 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4267653 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4277987 | Rubicon Minerals Corp. | Earning, Option agreement |
|
| Cameron Gold | Claim | 4267654 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4267655 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4267656 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4267657 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283735 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283736 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283737 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283738 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276506 | Rubicon Minerals Corp. | Earning in, Option agreement |
14
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| Cameron Gold | Claim | 4276512 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283111 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283112 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283113 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283114 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283115 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283116 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283117 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4283118 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274088 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274089 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274090 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274091 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274092 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274093 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274094 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274095 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274096 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4274074 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Cameron Gold | Claim | 4276500 | Rubicon Minerals Corp. | Earning in, Option agreement |
|
| Ardeen | Claim | 1022635 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1022636 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1022637 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1135465 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1135466 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1157496 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1157497 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1157666 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1157667 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1157668 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1157670 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1157671 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1164874 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1164875 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1164876 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1164877 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172315 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172316 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172317 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172340 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172345 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172346 | Pele Gold Corporation | 51% |
15
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| Ardeen | Claim | 1172347 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172348 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172349 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172350 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172355 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172356 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172365 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172366 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172367 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172368 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172369 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172375 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172385 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172386 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172387 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172388 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172395 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1172396 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1195937 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1195940 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1196147 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1196239 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1196240 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1196870 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1196921 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1196923 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1196924 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1202036 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1202264 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1202265 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1202302 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1205201 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1205202 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1205203 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1205204 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1205287 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1209440 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1209441 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1209470 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1209697 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1209698 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1209770 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1210243 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1210245 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1210776 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1210792 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215147 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215148 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215149 | Pele Gold Corporation | 51% |
16
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| Ardeen | Claim | 1215450 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215451 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215452 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215453 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215454 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215751 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215752 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215758 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215760 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215831 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1215859 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1217105 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 1224629 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 3001505 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 3001506 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 3001507 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677468 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677469 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677470 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677471 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677472 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677473 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677474 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677475 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677476 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677477 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677478 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 677479 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786521 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786522 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786523 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786524 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786525 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786526 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786527 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786528 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786529 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786541 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786542 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786543 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786544 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 786545 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813157 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813158 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813159 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813160 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813161 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813162 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813163 | Pele Gold Corporation | 51% |
17
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| Ardeen | Claim | 813164 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813165 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 813166 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835178 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835179 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835184 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835185 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835186 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835187 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835188 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835189 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835190 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835195 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835196 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835197 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835304 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835305 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835306 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835307 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835308 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835309 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835310 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835311 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835312 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 835313 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 863760 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 873515 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 873516 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 873517 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 873518 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 873519 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 873520 | Pele Gold Corporation | 51% | |
| Ardeen | Claim | 873522 | Pele Gold Corporation | 51% | |
| South Cedartree | Claim | 4257501 | Rubicon Minerals Corp. | Earning in, option agreement |
|
| South Cedartree | Claim | 4257508 | Rubicon Minerals Corp. | Earning in, option agreement |
|
| South Cedartree | Claim | 4257510 | Rubicon Minerals Corp. | Earning in, option agreement |
|
| South Cedartree | Claim | 4257511 | Rubicon Minerals Corp. | Earning in, option agreement |
|
| South Cedartree | Claim | 4257515 | Rubicon Minerals Corp. | Earning in, option agreement |
|
| South Cedartree | Claim | 4257516 | Rubicon Minerals Corp. | Earning in, option agreement |
|
| South Cedartree | Claim | 4257517 | Rubicon Minerals Corp. | Earning in, option agreement |
|
| South Cedartree | Claim | 4260366 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4260514 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4266944 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4260515 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4260516 | Rubicon Minerals Corp. | Earning in , option agreement |
18
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| South Cedartree | Claim | 4263609 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4272273 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4266941 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4266942 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4266943 | Rubicon Minerals Corp. | Earning in , option agreement |
|
| South Cedartree | Claim | 4254638 | Rubicon Minerals Corp. | Earning in, option agreement |
|
| RainyRiver | Claim | 4254475 | CoventryResources Ontario Inc. | 100% | |
| RainyRiver | Claim | 4254476 | CoventryResources Ontario Inc. | 100% | |
| RainyRiver | Claim | 4254477 | CoventryResources Ontario Inc. | 100% | |
| RainyRiver | Claim | 4254478 | CoventryResources Ontario Inc. | 100% | |
| RainyRiver | Claim | 4254479 | CoventryResources Ontario Inc. | 100% | |
| RainyRiver | Claim | 4260559 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4260560 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4260561 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4260562 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4260563 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4214439 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4214438 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4214440 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4214441 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4214442 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4205814 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4205815 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4205816 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4205817 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4205818 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4250319 | CoventryRainyRiver Inc. | 100% | |
| RainyRiver | Claim | 4205809 | CoventryRainyRiver Inc. | 100% | |
| Kakagi Lake | Claim | 4260061 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4260065 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4260067 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4260068 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4260069 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282669 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282670 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282671 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282672 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282673 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282681 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282682 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282683 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282684 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282685 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282693 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282694 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282695 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282696 | Cameron Gold Operations Ltd | 100% |
19
| Project | Tenement **Type ** |
Patent, Pin Number | Claim Number | Registered Holder | Percentage Ownership |
|---|---|---|---|---|---|
| Kakagi Lake | Claim | 4282697 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282674 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282675 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282676 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282677 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282678 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282679 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282680 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282687 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282688 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282689 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282690 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282691 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282692 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282658 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4260059 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282651 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282652 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282653 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282654 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282655 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282659 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282660 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282661 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282662 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282663 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282664 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282665 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282666 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282667 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282668 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282699 | Cameron Gold Operations Ltd | 100% | |
| Kakagi Lake | Claim | 4282700 | Cameron Gold Operations Ltd | 100% |
20
Appendix 3 – Listing of tenements acquired (directly or beneficially) during the quarter
| Project | **Tenement Type ** | Claim Number |
Registered Holder | Interest at beginning of quarter |
Interest at end ofquarter |
|---|---|---|---|---|---|
| Kakagi Lake | Claim | 4260061 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260065 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260067 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260068 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260069 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282669 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282670 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282671 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282672 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282673 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282681 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282682 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282683 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282684 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282685 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282693 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282694 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282695 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282696 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282697 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282674 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282675 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282676 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282677 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282678 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282679 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282680 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282687 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282688 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282689 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282690 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282691 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282692 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282658 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260059 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282651 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282652 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282653 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282654 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282655 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282659 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282660 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282661 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282662 | Cameron Gold Operations Ltd | 0% | 100% |
21
| Project | **Tenement Type ** | Claim Number |
Registered Holder | Interest at beginning of quarter |
Interest at end ofquarter |
|---|---|---|---|---|---|
| Kakagi Lake | Claim | 4282663 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282664 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282665 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282666 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282667 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282668 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282699 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282700 | Cameron Gold Operations Ltd | 0% | 100% |
22
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
Rule 5.5
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013
Name of entity
Chalice Gold Mines Limited
| ABN 47 116 648 956 |
Quarter ended (“current quarter”) |
|---|---|
| 47 116 648 956 | 31 March 2016 |
Consolidated statement of cash flows
| Cash flows related to operating activities 1.1 Receipts from product sales and related debtors 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (provide details if material) Net Operating Cash Flows |
Current quarter $A’000 |
Year to date (9 months) $A’000 |
|---|---|---|
| 56 (576) - - (431) - 27 - - (534) |
108 (4,493) - - (1,012) - 76 - - (1,044) |
|
| (1,458) | (6,365) | |
| Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets 1.10 Loans to other entities 1.11 Loans repaid by other entities 1.12 Other (provide details if material) Net investing cash flows 1.13 Total operating and investing cash flows (carried forward) |
- - (22) 2,908 - - - - - |
- - (49) 2,908 - 1 - - - |
| 2,886 | 2,860 | |
| 1,428 | (3,505) |
- See chapter 19 for defined terms.
01/05/2010 Appendix 5B Page 1
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
| 1.13 Total operating and investing cash flows (brought forward) |
1,428 | (3,505) |
|---|---|---|
| Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Dividends paid 1.19 Other (provide details if material) Net financing cash flows |
- - - - - - |
- - - - - - |
| - | - | |
| Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end ofquarter |
1,428 36,701 (1,608) |
(3,505) 39,865 161 |
| 36,521 | 36,521 |
Payments to directors of the entity, associates of the directors, related entities of the entity and associates of the related entities
| 1.23 1.24 |
Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10 |
Current quarter $A'000 |
|---|---|---|
| 138 | ||
| - | ||
| 1.25 | Explanation necessaryfor an understandingof the transactions | |
| Item 1.7 - represents costs associated with business development activities. Item 1.9(a) – represents deferred consideration of US$2 million from China SFECO Group following first gold pour from the Zara Project in Eritrea. The US$2 million represents the final tranche for the sale of Chalice’s interest in the Zara Project. Item 1.22 – USD cash held at the end of quarter ($22.5 million) is converted using a month end USD:AUD exchange rate of 0.7670. Item 1.23 - Amounts paid to related parties includes remuneration, directors’ fees and consulting fees paid to directors. |
Non-cash financing and investing activities
- 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows
Nil
- See chapter 19 for defined terms.
Appendix 5B Page 2
01/05/2013
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
- 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest
Nil
Financing facilities available
Add notes as necessary for an understanding of the position.
| 3.1 Loan facilities 3.2 Credit standby arrangements |
Amount available $A’000 |
Amount used $A’000 |
|---|---|---|
| Nil | Nil |
|
| Nil | Nil |
Estimated cash outflows for next quarter
| 4.1 Exploration and evaluation 4.2 Development 4.3 Production 4.4 Administration |
$A’000 |
|---|---|
| (616) | |
| - | |
| - | |
| (267) | |
| Total | (883) |
Reconciliation of cash
| Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows. |
Current quarter $A’000 |
Previous quarter $A’000 |
|---|---|---|
| 5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Bank overdraft 5.4 Other (provide details) |
31,521 | 8,673 |
| 5,000 | 28,028 | |
| - | - | |
| - | - | |
| Total: cash at end of quarter(item 1.22) | 36,521 | 36,701 |
- See chapter 19 for defined terms.
01/05/2010 Appendix 5B Page 3
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
Changes in interests in mining tenements and petroleum tenements
| 6.1 Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements and petroleum tenements acquired or increased |
Tenement reference and location |
Nature of interest (note (2)) |
Interest at beginning of quarter |
Interest at end of quarter |
|---|---|---|---|---|
| Nil | ||||
| Canada: - Refer appendix 1. |
Issued and quoted securities at end of current quarter
Description includes rate of interest and any redemption or conversion rights together with prices and dates.
| Total number | Number quoted | Issue price per security (see note3) (cents) |
Amount paid up per security (see note3) (cents) |
|
|---|---|---|---|---|
| 7.1 Preference +securities (description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy- backs, redemptions |
Nil | Nil | N/A | N/A |
| N/A | N/A | N/A | N/A | |
| 7.3 +Ordinary securities 7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy- backs |
282,710,802 | 282,710,802 | N/A | N/A |
| Nil Nil |
Nil Nil |
N/A N/A |
N/A N/A |
- See chapter 19 for defined terms.
Appendix 5B Page 4
01/05/2013
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
| 7.5 +Convertible debt securities (description) 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted |
Nil | N/A | N/A | N/A |
|---|---|---|---|---|
| Nil Nil |
Nil Nil |
N/A N/A |
N/A N/A |
|
| 7.7 Options (unlisted) Performance Rights |
1,050,000 500,000 |
Nil Nil |
Exercise price $0.30 $0.25 |
Expiry date 30 June 2016 31 October 2017 |
| 1,747,682 4,069,554 |
Nil Nil |
N/A N/A |
30 June 2018 30 June 2019 |
|
| 7.8 Issued during quarter Options Performance Rights 7.9 Exercised during quarter Options Performance Rights 7.10 Expired during quarter Options Performance Rights |
Nil | Nil | N/A | N/A |
| Nil | Nil | N/A | N/A | |
| Nil | Nil | N/A | N/A | |
| Nil | Nil | N/A | N/A | |
| Nil | Nil | N/A | N/A | |
| 1,399,775 1,378,826 |
Nil | N/A | 30 June 2018 30 June 2019 |
|
| 7.11 Debentures (totals only) |
Nil | Nil | ||
| 7.12 Unsecured notes(totals only) |
Nil | Nil |
Compliance statement
-
1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 5).
-
2 This statement does give a true and fair view of the matters disclosed.
-
See chapter 19 for defined terms.
01/05/2010 Appendix 5B Page 5
Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report
Sign here:
==> picture [100 x 41] intentionally omitted <==
Date: 27 April 2016
(Company secretary) Print name: Leanne Stevens
Notes
-
1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.
-
2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements and petroleum tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement or petroleum tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.
-
3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities .
-
4 The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.
-
5 Accounting Standards ASX will accept, for example, the use of International Financial Reporting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.
-
== == == == ==
-
See chapter 19 for defined terms.
Appendix 5B Page 6
01/05/2013
Appendix 1 – Interests in mining tenements acquired or increased
| Project | Tenement Type | Claim Number |
Registered Holder | Interest at beginning of quarter |
Interest at end of quarter |
|---|---|---|---|---|---|
| Kakagi Lake | Claim | 4260061 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260065 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260067 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260068 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260069 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282669 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282670 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282671 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282672 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282673 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282681 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282682 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282683 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282684 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282685 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282693 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282694 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282695 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282696 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282697 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282674 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282675 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282676 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282677 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282678 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282679 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282680 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282687 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282688 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282689 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282690 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282691 | Cameron Gold Operations Ltd | 0% | 100% |
1
| Project | Tenement Type | Claim Number |
Registered Holder | Interest at beginning of quarter |
Interest at end of quarter |
|---|---|---|---|---|---|
| Kakagi Lake | Claim | 4282692 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282658 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4260059 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282651 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282652 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282653 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282654 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282655 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282659 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282660 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282661 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282662 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282663 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282664 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282665 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282666 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282667 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282668 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282699 | Cameron Gold Operations Ltd | 0% | 100% |
| Kakagi Lake | Claim | 4282700 | Cameron Gold Operations Ltd | 0% | 100% |
2