DART MINING NL — Interim / Quarterly Report 2009

Jul 20, 2009

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

Appendix 5B

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001.

Name of entity

DART MINING NL

	nrouceName oDARABN84 11	nrouceName oDARABN84 11	nrouceName oDARABN84 11	. rgf entity	: ppenx .	ene ,	,	.	.
			DAR	T MINING	NL
			ABN								Quarter ended		(“current quar	ter”)
			84 11	9 904 880									30 June 2	009
			Cons	olidated	statemen	t of cash	flows
									C	urrent quarter$A’000		Y(1	ear to date2 months)
			Cash f1.1	lows relateReceipts	d to operatifrom product	ng activitiessales and re	lated debto	rs					$A’000
			1.2Payments for (a) exploration and evaluation(b) development(c) production(d) administration1.3Dividends received1.4Interest and other items of a similar naturereceived1.5Interest and other costs of finance paid1.6Income taxes paid1.7Other (provide details if material)Net Operating Cash Flows						(28)--(92)2---			(1,721)--(525)74---
									(118)			(2,172)
			Cash flows related to investing activities1.8Payment for purchases of: (a) prospects(b)equity investments(c)other fixed assets1.9Proceeds from sale of: (a)prospects(b)equity investments(c)other fixed assets1.10Loans to other entities1.11Loans repaid by other entities1.12Other (provide details if material)Net investing cash flows1.13Total operating and investing cash flows(carried forward)						---------			--(36)--24---
									-			(12)
									(118)			(2,184)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

1.13	Total operating and investing cash flows(brought forward)	(118)		(2,184)
Cash	flows related to financing activities
1.14	Proceeds from issues of shares, options, etc.	271		271
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)–IPO Costs	-		-
Net financing cash flows		-		-
Net increase (decrease) in cash held		153		(1,913)
1.20	Cash at beginning of quarter/year to date	277		2,343
1.21	Exchange rate adjustments to item 1.20	-		-
1.22	Cash at end of quarter	430		430
Payments to directors of the entity and associates of the directors
Payments to related entities of the entity and associates of the related entities
				Current quarter
				$A'000
1.23	Aggregate amount of payments to the parties included in item 1.2			(62)
1.24	Aggregate amount of loans to the parties included in item 1.10			-

			Current quarter
			$A'000
1.23		Aggregate amount of payments to the parties included in item 1.2	(62)
1.24		Aggregate amount of loans to the parties included in item 1.10	-
1.25		Explanation necessaryfor an understandingof the transactions
		Payments to Directors and related entities
		North East Geological Contractors P/L–1.2 (a)	7
		B Hochwimmer and Associates–1.2 (a)	8
		Edrill P/L–1.2 (a)	-
		B Hochwimmer–1.2 (d)	16
		D Turnbull–1.2 (d)	16
		C Bain–1.2 (d)	6
		S Poke–1.2 (d)	5
		R Udovenya–1.2(d)	4
Non-cash financing and investing activities
2.1	Details of financing and investing transactions which have had a material effect on consolidated
	assets and liabilities but did not involve cash flows
	-
2.2	Details of outlays made by other entities to establish or increase their share in projects in which the
	reportingentityhas an interest
	-

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

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

Estimated cash outflows for next quarter

Estimated cash outflows for next quarter
4.1Exploration and evaluation4.2Administration	$A’000
	100
	90
Total	190

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (as	Current quarter	Previous quarter
shown in the consolidated statement of cash flows) to	$A’000	$A’000
the related items in the accounts is as follows.
5.1Cash on hand and at bank	390	225
5.2Deposits at call	10	22
5.3Bank overdraft
5.4Other (Tenement bonds)	30	30
Total: cash at end of quarter(item 1.22)	430	277

Changes in interests in mining tenements

		Tenement	Nature of interest	Interest at	Interest at
		reference	(note (2))	beginning	end of
				ofquarter	quarter
6.1	Interests in mining
	tenements
	relinquished, reduced
	or lapsed
6.2	Interests in mining
	tenements acquired or
	increased

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

	Total number	Number quoted	Issue price persecurity (seenote 3) (cents)	Amount paid up persecurity (see note 3)(cents)
7.1Preference+securities(description)7.2Changes during quarter(a) Increases through issues(b) Decreases throughreturns of capital, buy-backs,redemptions	-	-
	--	--
7.3+Ordinary securitiesFully paid7.4Changes during quarter(a) Increases through issues(b) Decreases throughreturns of capital, buy-backs(c)Off restriction	48,160,000	48,160,000
	5,410,000-	5,410,000-13,160,412
7.5+Partly Paid Ordinarysecurities(subject to 9centscall between 1 July 2009and 31 December 2009)7.6Changes during quarter(a) Increases through issues(b) Decreases throughsecurities matured,converted	8,875,000	-	1.0 cents	1.0 cents
	--	--	--	--
7.7Options (description andconversion factor)7.8Issued during quarter7.9Exercised during quarter7.10Expired during quarter	2,800,00021,375,008	-21,375,008	Exercise price20.0 cents20.0 cents	Expiry date31 December 201031 May2010
	-	-
	-	-
	-	-
7.11Debentures(totals only)	-	-
7.12Unsecured notes(totalsonly)	-	-

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).

• 2 This statement does give a true and fair view of the matters disclosed.

Sign here: .............................................. Date: (Company secretary) Print name: John Quayle

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 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, 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 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.

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

== == == == ==

• See chapter 19 for defined terms.

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