DGR GLOBAL LIMITED — Interim / Quarterly Report 2018

Jan 29, 2018

QUARTERLY ACTIVITIES REPORT

For the period ended 31 December 2017

HIGHLIGHTS

DGR Global Ltd (ASX : DGR)

• The company remains focussed on new project generation (see later sections) and reviewing investment opportunities.

• • Business model endorsed by the best performing hedge fund in the world for 2016 with Tribeca Investment Partners providing up to $10 million in converting note funding to further develop the resource company creation business¹.

• In association with Armour Energy, DGR secures an 83.18% interest in a highly prospective oil project in the Kanywataba Block, Uganda².

SolGold plc (LSE/TSX : SOLG) - DGR 12.04%, 204.1m shares

• Focus on high grade world class copper gold porphyry system at Cascabel in Ecuador. Cascabel is close to the capital and ports, is at low elevation, and has adequate water supplies and access to power.

• NI 43-101 compliant Alpala Maiden Mineral Resource Estimate released at the end of the quarter – refer SolGold announcement for details[3] .

• Further significant long high grade drill intersections were announced to the London Stock Exchange during the last quarter and can be viewed on the SolGold company website. Twelve (12) drilling rigs now operating at Cascabel[4] .

• Substantial treasury built to accelerate drilling and exploration after capital raisings that brought significant new shareholders on to the register. Most recent private placement raised £45 million[5] .

• SolGold granted 77 new Mineral Concessions in Ecuador (held in 4 wholly owned subsidiaries) to become the dominant explorer[6] .

• Extensive high grade copper, gold and zinc mineralisation already discovered in outcrops on several concessions in Southern Ecuador, particularly at the La Hueca Project[7] .

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DGR Share Price versus Net Tangible Assets
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
31 December 2017 CASH AND NET RECEIVABLES SOLG AJQ IRR ANW DHR OTHER
Cents per Share
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DGR Global Quarterly Report, period ended 31 December 2017

HIGHLIGHTS

Armour Energy Ltd (ASX : AJQ) - DGR 22.43%, 90.9m shares

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• The LPG system of the Kincora Gas Plant has been successfully recommissioned and the whole plant is now fully operational. Gas from existing production wells is being processed and sold, and LPG and condensate production has commenced[8] .

• Fully underwritten 1 for 6 rights issue @ 7.6 cents per share successfully completed[9] .

• Awarded further Roma Shelf petroleum acreage near the Kincora plant[10] .

• Government of Uganda issues Armour an Exploration Licence over the highly prospective Kanywataba Block in the Albertine Graben, Uganda. Less than 40% of the Albertine Graben has been subjected to exploration to date where 101 wells of approximately 115 wells drilled have encountered hydrocarbons[11] .

• Holds highly prospective whole basin oil and gas positions in Northern Territory and North West Qld covering 139,000 km², and a track record of exploration success.

• Wholly owned subsidiary Ripple Resources Pty Ltd emerges as a highly prospective lead-zinc explorer with extensive tenure in Northern Australia.

IronRidge Resources Ltd (LSE : IRR) - DGR 24.4%, 68.5m shares

• Completed acquisition of 100% of Tekton Minerals Pte. Ltd which has exclusive rights to an extensive land package and associated major new gold discovery in Chad , Central Africa[12] .

• Multiple gold intersections in trenching and gold in-soil anomalies defined at the Echbara prospect in Chad, only 25km from the Dorothe Project[13] .

• The multiple high grade gold intersections returned from fresh rock trenches at the Dorothe project, Chad during the previous quarter being followed up with an extensive expanded and in-fill exploration program that commenced in late November[14] .

• JV Agreement finalised with Gail Exploration in Cote d’Ivoire granting the company exclusive rights over a granted license covering 385 km² that is highly prospective for gold. The area is contiguous to 3 existing applications previously secured by the company and provides access to over 70 km strike of very prospective geology[15] .

• Multiple high-grade lithium pegmatite trenching and rock chip sampling results received for the Ewoyaa and Abonku prospects within the Mankessim licence area in Ghana , West Africa. A senior Ghanian geologist has been recruited to head up further exploration including a drilling programme[16] .

• Retaining highly prospective hematite rich iron targets evident in Tchibanga and Belinga Sud licence areas in Gabon – total tenure 5,400 km². Tchibanga is less than 70 km from the port of Mayumba.

• Wholly owned subsidiary Eastern Exploration Pty Ltd discovers high grade Direct Shipping Ore (DSO) bauxite mineralisation at the Monogorilby project in Queensland, Australia and announces JORC compliant inferred maiden resource estimate[17] .

• Further high grade bauxite discovered, and two new bauxite target areas defined at Koko , 25 km north-west of Monogorilby[18] .

• Initial drilling program at the May Queen gold prospect near Mongorilby confirms historical data and delivers multiple significant gold intersections[19] . Fresh field reconnaissance confirms historic gold extensions at May Queen[18] .

Dark Horse Resources Ltd (ASX : DHR) - DGR 19.44%, 311.2m shares

• Executed the acquisition and transfer agreements for the PROAR portfolio of gold prospective properties in Argentina. These are all located within the Deseado Massif which hosts numerous low sulphidation, epithermal deposits (including 6 operating mines), and includes a prospect adjacent the company’s Los Domos Gold project[20] .

• Completed the first stage lithium exploration (mapping and sampling of surface and underground workings) of the Las Tapias mine, with assay results confirming the lithium richness of the Las Tapias pegmatite[21] .

• Extensive pegmatite features discovered by remote sensing interpretation across a further 4 project areas in the company’s lithium tenement package[22] .

• Following completion of the sale of subsidiary NavGas Pty Ltd (includes 6 PELAs in South Australia and ATP 1183 on the Roma Shelf in Qld.) to Lakes Oil NL (LKO), DHR now holds 9.2 billion shares in LKO as well as 40,000 Convertible Notes.

DGR Global Quarterly Report, period ended 31 December 2017

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HIGHLIGHTS

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Aus Tin Mining Ltd (ASX : ANW) - DGR 18.71%, 360.8m shares

• Becomes the second listed tin producer listed on the ASX with resumption of tin production at the Granville Tin Project in Tasmania. First tin concentrate sales announced 6 October[23] .

• Maiden JORC resource estimate confirms Taronga as a world class tin project. The details of the resource (79% indicated) can be viewed on the ASX or on the company website.

• Metallurgical flow sheet completed for Taronga pre-feasibility study. Ore described as coarse grained, having simple metallurgy, and highly amenable to pre-concentration.

• Advancement of the Taronga Project with commitment to Stage 1 Development comprising trial mining and pilot plant operations approved by the Glen Innes Severn Council on 21 December[24] .

• New drilling program commenced early December to test extensions to cobalt mineralisation below the historic Smiths Mine at Mt Cobalt, west of Gympie. Initial test results are expected in the first quarter of 2018[25] .

Auburn Resources | 63% DGR owned

• Rejuvenation as a zinc-copper-gold-nickel-cobalt company exploring in Queensland.

• Potential for world class copper gold discoveries at Mt Abbott, Calgoa and Three Sisters Projects and large sulphide nickel cobalt copper discoveries near Hawkwood[26] .

• Exploration target defined for the Ban Ban Zinc Project – refer later section for details.

• Planning underway for IPO and ASX listing (subject to market conditions).

New Opportunities:

Coolgarra Minerals | 100% DGR owned

• 4 Exploration Permits (EPMs) and 1 EPM application for gold, nickel, cobalt and antimony in North Queensland. (refer later section)

Pinnacle Gold | 94% DGR owned

• 5 EPMs for gold near Charters Towers have now been granted.

Albatross Bauxite | 100% DGR owned

• Wholly owned subsidiary, with 1 granted EPM for bauxite in southern Queensland. Three (3) EPMs were surrendered during the quarter following disappointing exploration results.

Footnotes:	Footnotes:
1	DGR ASX Release 22/8 and 25/10/17	2	AJQ ASX Release 14/9/17
3	SOLG LSE & TSV Release 3/1/18	4	SOLG LSE & TSV Release 22/12/17
5	SOLG LSE & TSV Releases 16/6 and 8/11/17	6	SOLG LSE & TSV Releases 29/8 and 28/11/17
7	SOLG LSE & TSV Releases 31/10, 28/11, 29/11, 20/12/17	8	AJQ ASX Releases 29/9/17 and 2/1/18
9	AJQ ASX Release 14/9 and 18/10/17	10	AJQ ASX Release 30/10/17
11	AJQ ASX Release 19/9/17	12	IRR LSE:AIM Release 5/9/17
13	IRR LSE:AIM Release 2/11/17	14	IRR LSE:AIM Releases 21/9 and 23/11/17
15	IRR LSE:AIM Release 14/11/17	16	IRR LSE:AIM Release 9/11/17
17	IRR LSE:AIM Release 20/7/16	18	IRR LSE:AIM Release 24/11/17
19	IRR LSE:AIM Releases 20/9, 22/9, 4/11/16	20	DHR ASX Release 6/10/17
21	DHR ASX Releases 8/11 and 7/12/17	22	DHR ASX Release 16/11/17
23	ANW ASX Release 6/10/17	24	ANW ASX Releases 22/12/17
25	ANW ASX Releases 12/12, 19/12, 21/12/17	26	DGR ASX Releases 3/7, 5/7/17

DGR Global Quarterly Report, period ended 31 December 2017

3

DGR GLOBAL CREATES RESOURCE COMPANIES

DGR Global’s business is the creation of resource exploration development and mining companies. The business uses the skills of a core team of talented geoscientists to identify resource projects capable of yielding world class discoveries of attractive commodities. This is achieved through the identification of commodities with a favourable 20-year demand, growth and price outlook. Geological terranes with:

• A demonstrated strong endowment for that commodity in an historical under-explored region

• Opportunity for the application of recently developed exploration and metallurgy techniques to define economic resources

• Jurisdictions with improving socio-economic and regulatory frameworks

• Extensive available tenures

• Existing data sets which provide the basis for novel reinterpretation

DGR Global provides initial seed funding and management support to secure these assets in subsidiaries and develop these assets to more advanced funding stages. The Company has a pipeline of projects in daughter companies at various stages of emergence, and in 2015 crystalised a significant return through the sale of its 15% holding in Orbis Gold for $26Million. Further development of its holdings in LSE/TSX listed SolGold and AIM IronRidge Resources and ASX listed AusTin Mining, Dark Horse Resources and Armour Energy and unlisted Auburn Resources are expected over the coming years.

The previous resource exploration and funding activities of DGR’s key personnel underscore the opportunities provided by the DGR business model. DGR Global does not generally purchase its exploration projects. DGR’s in house generative capabilities gives the Company a strong competitive edge. DGR’s focus on provincial tenement positions covering entire sedimentary basins or structural blocks where possible, delivers capital, government and major resource corporate attention.

DGR Global holds key equity positions in its subsidary companies after listing. As shown in the DGR Global Group Corporate Structure (see Figure 1) at 31 December 2017, DGR Global holds:

• 22.43% Armour Energy Ltd (ASX : AJQ),

• 12.04% SolGold Plc (LSE/TSX : SOLG),

• 24.4% IronRidge Resources Ltd (LSE : IRR),

• 18.71% Aus Tin Mining Ltd (ASX : ANW),

• 19.44% Dark Horse Resources Ltd (ASX : DHR).

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Figure 1: DGR Global Group Corporate Structure at 31 December 2017

DGR Global Quarterly Report, period ended 31 December 2017

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Figure 2: Company Creative Process - demonstrates how DGR continues to build value for shareholders.

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Copper-Gold-Zinc-Nickel-Cobalt

Auburn Resources is focused on the discovery and development of copper, gold, nickel, cobalt and zinc deposits in Eastern Queensland.

The company holds a portfolio of 5 very prospective exploration project areas (including early-stage resources) with huge upside potential. The five project areas (shown in Figure 3) contain at least 16 prospects, with several drill ready targets.

As announced by DGR to the ASX on 3 July[26] , Auburn has delineated substantial nickel-copper-cobalt soil anomalies interpreted to be the tops of large sulphide deposits on several prospects in the north western section of the Hawkwood Project Area (see Figure 4). The central axis of the northernmost anomalies are up to 4,200 parts per million (ppm) nickel – 50 times background, with cobalt up to 1130 ppm and copper up to 1380 ppm (refer Figure 5). The Ni-Cu-Co has coincident gold, platinum and palladium typical of sulphide deposits (and not a characteristic of enrichment of silicates due to weathering processes). The prospects are zoned laterally with respect of these metals – typical of sulphides, and they do not have evidence of nickel silicates such as serpentinite. The prospects occur within a previously unexplored gabbro complex similar to Norilsk, Nova and Voiseys Bay (though of different geological age to Nova and Voiseys Bay), rather than in an ultrabasic complex rich in background nickel silicates. The iron rich laterites here are lower in nickel, copper and cobalt than the adjacent soils.

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Figure 3: Auburn Resources Project Locations

DGR Global Quarterly Report, period ended 31 December 2017

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Figure 5 shows the size of the surface soil anomalies (refer scale bar), with the light green shading showing > 1000 ppm Ni, medium green > 1600 ppm Ni and dark green > 2000 ppm Ni.

The maximum soil values are:

Nickel 4420 ppm – Copper 1380 ppm – Cobalt 1130 ppm – Platinum 0.049 ppm – Palladium 0.048 ppm – Gold 0.087 ppm.

Auburn currently has ten (10) copper gold prospects within the five project areas, including Main Top, Titi Creek and Nerangy Porphyry within the Hawkwood Project area. The following Figures 6 and 7 show just 2 of these prospects.

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Figure 4: Nickel Copper Cobalt Soil Anomalies within the Hawkwood Project Area

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Figure 5: Soil Sampling Grid across the Jack Shay Gabbro reveals five prospects – Red Hill – Western Plains – Jack Shay – Nerangy Gossans – Boundary

Auburn and DGR geoscientists have reviewed all the historical drill data for the Ban Ban Zinc Deposit held on MDL 409. The tenement has an orebody that has historically been deemed too small to be economic. For the first time, the historical drilling data has been digitised and modelled in modern powerful 3D software.

As shown in Figure 8, this reappraisal work has led to the identification of a drill ready exploration target at Ban Ban of approximately 2 million tonnes to approximately 5 million tonnes, grading approximately 7% zinc to approximately 10% zinc, and approximately 8 g/t silver to approximately 10 g/t of silver.

It should be noted that the potential grade and tonnage is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource, and that it is uncertain if future exploration will result in the estimation of an economic Mineral Resource. The Company is planning an exploration program to prove up the target in the next 12 months.

DGR Global Quarterly Report, period ended 31 December 2017

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Figure 6: Hawkwood – Main Top Prospect Gabbro and Diorite hosted deposit south of the historically drilled Hawkwood Magnetite Deposit. Soils and Rock Chip Samples – high Cu Au Co Pt Pd anomalies

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Figure 7: Hawkwood – Titi Creek Prospect Copper Gold Porphyry with outer Gold Zinc Cobalt Zoning. Target – arcuate mag feature with numerous mineralised dykes. High gold grades in rock samples, lesser copper and low molybdenum

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Figure 8: Reinterpretation of Ban Ban lines of lode based on new soil and rock sampling and 3D modelling of historic drill data. MDL 409 showing soil sampling and historical drilling. Image: Total Magnetic Intensity (TMI)

DGR Global Quarterly Report, period ended 31 December 2017

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As shown in Figure 9, Pinnacle Gold has now secured substantial and extensive gold exploration tenements south of Charters Towers, Qld. Most of the area is soil covered, with previous exploration efforts by earlier explorers largely confined to areas of outcrop and focussed on mapping and sampling known workings. Only two areas have been drilled.

No one has ever done a systematic geochemical survey yet the area clearly lies on potentially mineralising structures (Charters Towers – Black Jack – Mt Leyshon). It would appear that earlier explorers have been distracted by small high grade gold bearing quartz veins with no size potential. Significant steam anomalism (see Figure 10) may not all be due to “noise” from small veins.

After reviewing the historical exploration programs Pinnacle considers it is time to re-think how to explore this mostly soil covered area. Looking for large targets, Pinnacle will commence a field program of low gold detection limit soil lines on a grid pattern with infill gridding of any elevated results. Also, further investigation will be undertaken of some identified areas of high gold stream sediment geochemistry that have had limited follow up.

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Figure 9: Pinnacle Gold Exploration Holdings south of Charters Towers, QLD

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Figure 10: Overview of gold stream sediment geochemistry south of Charters Towers (compiled from historical data)

DGR Global Quarterly Report, period ended 31 December 2017

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Coolgarra Minerals holds 3 granted EPMs and 1 EPM application south of Greenvale, Qld and one EPM west of Theodore in Central Queensland as shown in Figure 11.

As announced to the ASX on 9 February 2017, Coolgarra has identified several strong gold and cobalt targets during recent field work. The initial exploration program was focused around several historical small scale mining areas, in particular Wally’s Hope and Janelle’s Hope Prospects in the southern section of EPM 19270, and what is recorded as a long (several kilometres) stratabound gold occurrence in the northern section now referred to as Wade’s Prospect.

Figure 11: Coolgarra Minerals Exploration Tenements

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Figure 12 is a satellite image of the southern section of EPM 19270 showing the soil grid lines, where each red diamond indicates a soil sample taken and assayed. A macro overview of the soil gold concentrations is evident by plotting the soil gold contours at >25 ppb (parts per billion), > 50 ppb, and > 100 ppb.

A highlight was a one metre wide surface exposure of non-veined sediments on the western side of the Wally’s Hope Prospect assaying 40.3 g/t gold (see Figure 13). The Wally’s Hope Prospect clearly presents several walk up gold drill targets which are accessible from existing tracks on the EPM. As evident from the underlying geology, the gold would seem to occur mainly as disseminations in calcareous sediments, and over several kilometres. The potential therefore exists for a large scale gold discovery.

Figure 12: Soil Sample Grid on southern section of EPM 19270

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Figure 14 shows an overview of the northern section of EPM 19270 on magnetic imagery. Again, the red diamonds indicates a soil sample taken and assayed. Stream sediments were also taken for cobalt, and several rock chip samples are shown by the blue dots. Coolgarra Minerals has an uncontested application for an exploration permit over the northern extension of the Wade’s Prospect where historical data suggests the gold mineralization continues stratabound for several kilometres beyond the recent exploration.

Figure 13: High grade gold in non-veined sediments - western section of Wally's Hope Prospect

DGR Global Quarterly Report, period ended 31 December 2017

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As revealed at the Wally’s Hope Prospect much further south, the soil sampling indicates that the gold occurs as disseminations within calcareous sediments. The highest gold in soil recorded was 1.1 ppm, or 1.1 g/t. The company considers this to indicate “Carlin” style potential.

Quartz veins did not return gold values over 0.3 g/t. Wade’s Prospect has equally demonstrated that it is highly prospective for cobalt. The soil sampling revealed extensive cobalt mineralization, with a maximum soil result of 0.13% Co.

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Figure 14: Wade's Prospect Soil Sample Grid on northern section of EPM 19270

To the north of the cobalt mineralized area revealed by the soil sampling, rock chip sampling of asbolite float assayed 1.1% Co, 0.13% Cu and 0.54% Ni.

As with the Wally’s Hope Prospect further south on EPM 19270, Wade’s Prospect clearly presents several walk up drill targets for gold and cobalt. DGR Global has budgeted for an extensive exploration program on EPM 19270 commencing at the start of the next quarter (after the wet season). The programme includes initial reverse circulation drilling on the identified cobalt, nickel and gold targets outlined above.

In late November Coolgarra Minerals was granted a new EPM 26386 Roebourne in Central Queensland (Figure 15). The Roebourne Project is west of Theodore and 60 km north of Taroom. Mafic rocks (mainly olivine gabbro) have intruded the Surat Basin, and have subsequently been deeply weathered within a lateritic plateau. Large scale very strong cobalt stream sediment anomalies appear to be sourced from the garnet altered contact between the intrusives and some of the iron rich sediments.

Previous exploration work was mainly for iron ore, but high cobalt assays to 1.2% were recorded from rock specimens away from the main cobalt area, which is on the lateritic plateau.

A prospecting program will commence in February on the Roebourne EPM involving completion of the stream sediment survey around the ultrabasic contacts, and more particularly, the sourcing of the very strong cobalt (>800 ppm in stream sediments) already known.

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Figure 15: Roebourne Project (now granted)

DGR Global Quarterly Report, period ended 31 December 2017

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QUARTERLY ACTIVITIES REPORT
For the period ended 31 December 2017
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Directors

Internet Address

William Stubbs (Chairman) Nicholas Mather (Managing Director) Brian Moller Vincent Mascolo Ben Cleary

Company Secretary Karl Schlobohm

All Company announcements, reports and presentations are posted on our website www.dgrglobal.com.au If you would like to receive news releases by email, please send an email to info@dgrglobal.com.au with the subject line “email alerts” or register your details on our website by clicking “Contact Us” and entering your details.

Issued Capital

Exploration Manager Neil Wilkins

At 31 December, DGR Global Ltd had the following securities on issue:

General Manager Greg Runge

Registered Office and Head Office

• 613,181,877 ordinary shares

• 40 million (unlisted) convertible notes

• 19.375 million (unlisted) 20 cent options expiring 8/11/20

• 17.5 million (unlisted) 20 cent options expiring 28/11/20

DGR Global Limited

Level 27, 111 Eagle Street Brisbane QLD 4000 Phone: +61 7 3303 0680 Fax: +61 7 3303 0681 Website: www.dgrglobal.com.au

Shareholding Enquiries

Link Market Services Limited manages DGR Global Ltd’s share registry.If you would like to monitor your shareholding online, you can do so by visiting Link Market Services website.

Australian Stock Exchange (“ASX”)

ASX Code: DGR (Ordinary shares)

Link Market Services Limited Locked Bag A14 SYDNEY Phone: 1300 554 474

Australian Business Number

ABN 67 052 354 837

Exploration and Mining Tenements

DGR Global interests in mining and exploration tenements at the end of the Quarter are as shown in the attached Appendix.

Competent Persons Statement

The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Nicholas Mather B.Sc (Hons) Geol., who is a Member of the Australian Institute of Mining and Metallurgy. Mr Mather is employed by Samuel Holdings Pty Ltd which provides certain consultancy services including the provision of Mr Mather as the Managing Director of DGR Global Ltd and a Director of its subsidiaries and associates. Mr Mather has sufficient experience which is relevant to the style of mineralisation and type of deposit being reported and to the activity which is he undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (the JORC Code). Mr Mather has consented in writing to the inclusion in this report of the matters based on information in the form and context in which it appears.

DGR Global Quarterly Report, period ended 31 December 2017

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Appendix

31-December-2017

DGR Global - Group Mining and Exploration Tenements

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Tenement Type Principal Holder Location
ML 3678 Mining Lease DGR Global Limited Qld, Australia
ML 3741 " " Qld, Australia
ML 3749 " " Qld, Australia
ML 3752 " " Qld, Australia
ML 3753 " " Qld, Australia
ML 50059 " " Qld, Australia
ML 50099 " " Qld, Australia
ML 50148 " " Qld, Australia
EPM 25976 Exploration Permit for Minerals Albatross Bauxite Pty Ltd¹ Qld, Australia
EPM 25977 " " Qld, Australia
EPM 25983 " " Qld, Australia
EPM 26000 " " Qld, Australia
EPM 19379 " Auburn Resources Limited² Qld, Australia
EPM 25607 " " Qld, Australia
EPM 25948 " " Qld, Australia
EPM 26012 " " Qld, Australia
EPM 26013 " " Qld, Australia
EPM 26245 " " Qld, Australia
EPM 26248 " " Qld, Australia
EPM 26529 " " Qld, Australia
EPM 15134 " Barlyne Mining Pty Ltd³ Qld, Australia
EPM 18451 " " Qld, Australia
EPM 19087 " " Qld, Australia
EPM26274 " " Qld, Australia
MDL 409 Mineral Development Licence Pennant Resources Pty Ltd⁴ Qld, Australia
EPM 19270 Exploration Permit for Minerals Coolgarra Minerals Pty Ltd⁵ Qld, Australia
EPM 26265 " " Qld, Australia
EPM 26382 " " Qld, Australia
EPM 26386 " " Qld, Australia
EPM 25525 " Pinnacle Gold Pty Ltd⁶ Qld, Australia
EPM 25963 " " Qld, Australia
EPM 25964 " " Qld, Australia
EPM 25965 " " Qld, Australia
EPM 25966 " " Qld, Australia
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Notes

1 100% owned by DGR Global 2 63% owned by DGR Global 3 100% owned by Auburn Resources 4 100% owned by Auburn Resources 5 100% owned by DGR Global 6 94% owned by DGR Global

Legend

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Granted or acquired during the quarter

Change in Ownership % (eg: Farm-in) or transfer during the quarter

Surrendered, Expired or Sale/Disposal during the quarter

DGR Global Quarterly Report, period ended 31 December 2017