EVOLUTION MINING LIMITED — Regulatory Filings 2016

Aug 1, 2016

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2016 Diggers & Dealers

2 August 2016

Jake Klein – Executive Chairman

Forward lookin statements g

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• These materials prepared by Evolution Mining Limited (or “the Company”) include forward looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.

• Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.

• Forward looking statements are based on the Company and its management’s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company’s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s control.

• Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the Company does not undertake any obligation to publicly update or revise any of the forward looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.

Production tar et g

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Production target FY17 – FY19	Production target FY17 – FY19	Production target FY17 – FY19	Production target FY17 – FY19	Production target FY17 – FY19
Period	Production (koz)	AISC (A$/oz)	Sustaining capital (A$/M)	Major project capital (A$M)
FY17	800–860	985– 1,045	90– 120	110– 140
FY18	800–860	930–990	80–110	110–230
FY19	810–870	910–980	75–105	75– 215

Material Assumptions

The material assumptions on which the production target is based are presented in ASX release Annual Mineral Resources and Ore Reserves Statement” released to the ASX on 21 April 2016 and available to view at www.evolutionmining.com.au. The material assumptions upon which on which the forecast financial information is based are: Silver A$20/oz

Copper A$6,000/t (A$2.72/lb)

Diesel A$90/bbl. (Gasoil 10ppm FOB Singapore)

Competent Persons Statement

The estimated Mineral Resources and Ore Reserves underpinning the production target have been prepared by Competent Persons in accordance with the requirements in Appendix 5A (JORC Code). The Company confirms that the form and context in which the Competent Persons findings are presented have not been materially modified from the original market announcement

Cautionary statement concerning the proportion of Inferred Mineral Resources

There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised

Cautionary statement concerning the proportion of Exploration Target

The Company believes there are reasonable grounds for reporting a proportion of the production target as an exploration target (Cracow) as historically unclassified material at Cracow has been converted and mined and is not formally reported in the annual Mineral Resources and Ore Reserves

The potential quantity and grade of an exploration target is conceptual in nature and there has been insufficient exploration to determine a Mineral Resource and there is no certainty that further exploration work will result in the determination of Mineral Resources or that the production target itself will be realised

Relevant proportions of Mineral Resources and Ore Reserves underpinning the production target

The production target comprises 86% Probable Ore Reserves, 12% Inferred Mineral Resources and 2% Exploration Targets

2016 Melbourne Cup Made with gold from Evolution’s Cowal Gold Mine

It’s reat to be an investor in old miners… g g

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US$/share

Van Eck Gold Miners Index (GDX:US)

30.00

25.00

20.00

15.00

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+145%
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10.00
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19-Jan-16

19-Feb-16

19-Mar-16

19-Apr-16

19-May-16

19-Jun-16

19-Jul-16

…if ou have the memor of a oldfish y y g

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US$/share
Van Eck Gold Miners Index (GDX:US)
70.00
60.00
50.00
-81%
40.00
30.00
20.00
10.00
0.00
2009 2010 2011 2012 2013 2014 2015 2016
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Evolution Minin overview g

	ASX: EVN	August 2014	August 2016
	Shares outstanding	712M	1,468M
	**Market capitalisation1 **	A$555M	A$4,110M
	Average daily share turnover	A$1.8M	A$30M
	**Cash2 **	A$41M	A$17M
	**Debt2 **	A$127M	A$285M
	Annualgoldproduction	428koz	803koz
	Forward sales	164,319oz at A$1,597/oz	706,989oz at A$1,624/oz
	**Dividendpolicy3 (Six dividends since Feb-13) **	2% of revenue	4% of revenue
	Major shareholders	Newcrest 32% Van Eck 9%	La Mancha 30% Van Eck 6%

	ajor sareoers Van Eck 9%
1.	Based on a share price of A$2.80 on 28 July 2016
2.	As at 30 June 2016
3.	Evolution’s dividendpolicywas increased to 4% of revenue on 28 June 2016. Prior to this date thepolicywas 2% of revenue

Australia’s 2[nd] lar est old miner g g

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1. FY17F production reflects midpoint of FY17 guidance released to ASX on 28 June 2016 Location bubble size denotes FY16 actual production

Information on Mineral Resources and Ore Reserves is extracted from the report entitled “Annual Mineral Resources and Ore Reserves Statement 2015” released to the ASX on 21 April 2016 and is available to view on www.evolutionmining.com.au . Please see slides 21 and 22 of this presentation for further details and footnotes

Production rowth g

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Group attributable production

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803,476
427,703 437,570
392,920
280,401
45,889
FY11 FY12 FY13 FY14 FY15 FY16
Gold equivalent production (oz)
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Deliverin results g

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Group AISC[1,2] (per ounce)

Net Mine Cash Flow (A$M)

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US$1,259
A$1,228 A$1,083
A$1,036
A$1,014
US$995
US$867
US$739
FY13 FY14 FY15 FY16
AISC (A$/oz) AISC (US$/oz)
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428
138
91
11
FY13 FY14 FY15 FY16
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1. All-in Sustaining Costs (AISC) reflects C1 cash cost plus royalty expenses, sustaining capital, general corporate and administration expenses. Calculated per ounce sold 2. US dollar costs calculated using the average AUD:USD exchange rate for each financial year

Ex andin mar ins p g g

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Group EBITDA Margin

Group AIC[1] Margin (A$/oz)

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1,597
1,582
48% 1,489
1,442
463
40%
35%
33%
196
138
(16)
FY13 FY14 FY15 FY16 Est FY13 FY14 FY15 FY16
AIC Margin (A$/oz) Achieved gold price (A$/oz)
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1. All-in Costs reflects AISC plus major project and exploration expenditure. Calculated per ounce sold

Outlook

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Production[1] (koz)

AISC[1] (A$/oz)

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860 860 870 1,045 990
980
803 800 800 810 1,036 1,014 985 930 910
438
FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19
Production Low Production High AISC Low AISC High
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1. Refer to slide 3 of this presentation for further information on the production target and forecast financial information of which this production target is based

Cowal

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Growth

• Ore Reserves increased from 1.56Moz to 2.85Moz (+83%) under Evolution ownership

• Expansion of E42 pit prioritised

• Current life of mine plan (LOMP) includes

• Stage H cutback to access an additional 1.4Moz (adding 5 – 6 years to LOMP)

• Prospects not included in LOMP:

• E42 cutbacks beyond stage H

• E41/E46/Galway-Regal satellite pits

• E46 deeps (underground)

• Cowal regional prospects

Transformation

• Asset optimisation feasibility studies targeting:

• Improvement to plant recovery (5 – 7%)

• Plant expansion to circa. 9Mtpa

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E46
E46 East
E42
Galway/Regal
Open at depth
E41 West
E41 East
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Cowal gold mineralisation and E42 open pit outline

1. See Evolution’s Group Mineral Resources and Ore Reserves and footnotes in the appendices of this presentation for details on Ore Reserve and Mineral Resource estimates

Mun ari g

Growth

• Significant potential to expand production and extend mine life

• ~880 km[2] land position in a world-class terrane with historic production of >10Moz gold

• Potential for the discovery of new high-grade underground resources

• Recent resource definition drilling has extended mineralisation at Frog’s Leg and White Foil beyond December 2015 Ore Reserve limits

Future business improvements

• Frog’s Leg and White Foil resource/reserve growth

• Optimising White Foil pit design and larger trucks

• Opportunity to improve recoveries and optimise plant

• New open pit oxide sources provide increased throughput options

• See Mungari Mineral Resources footnotes provided in the appendices of this presentation for details on Mineral Resource estimates

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Zuleika North
(49koz) Ora Banda
(312koz)
>1Moz
Carbine Red Dam
>500koz (100koz) (214koz)
>200koz
Broads Dam
< 200koz Castle Hill (170koz)
(1,460koz)
Burgundy
(65koz)
Kunanalling
(393koz)
Frog’s Leg
(648koz)
White Foil
(1,048koz)
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Tenement plan and Mungari Mineral Resources[1 ] at December 2015

Mt Carlton

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A quality asset

• One of the world’s highest grade open pit gold mines; developed by Evolution & commissioned in 2013

• Low mining strip ratio of 1.75:1 over LOMP

• Strong FY16 performance driven by improved efficiencies and positive grade reconciliations

• Upside opportunities from improving the performance of mining, processing and logistics

Growth

• Significant potential to extend mine life by adding to reserves below current V2 pit

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Schematic section of V2 Ore
Reserve pit, East, West and
Link zone target areas and
planned drill holes
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V2 Reserve Pit
West Zone
Link Zone
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Our eo le p p

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“Systems drive big mining companies, people drive Evolution”

- Andrew Millar, Cracow GM

• Talented and engaged workforce

• Strong safety culture

• Investing in developing our people

• Graduate program

• Guiding Our Leader’s Development program

• Creating career development opportunities

• Reward and recognition programs focused on innovation, continuous improvement and Acting Like Owners

Inspired people creating Australia’s premier gold company

Sta in on track y g

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Be sure of the strategic opportunity Improve the quality of the asset portfolio

Understand our value add

Build a business that prospers through the cycle

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Sportspeople, entrepreneurs and leaders are all lauded for their actions. ‘Watching and waiting’ are rarely considered valuable. However, there are times when the most valuable thing you can do is to wait for the right opportunity. In the face of the relentless pressure to do something, waiting patiently is often extremely difficult to do.

Allan Gray Gray Matters – Issue No. 22 June 2015

Executin a clear and sound strate g gy

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Operating in Australia First world jurisdiction[]  Gold miners currently experiencing strong tailwinds

Mid-tier

• 6 – 8 asset portfolio to ensure focus is maintained

Low cost

 Driving down costs and improving productivity  Upgrading the quality of the portfolio

Reliability

Organic growth

 Five consecutive years of meeting production and cost guidance  Optimising diversified open pit and underground asset base  Investing in near mine and regional exploration

 M&A  Balance sheet strength Superior returns  Capital growth and increased dividends

 Logical, opportunistic, value accretive acquisitions

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ASX code: EVN

www.evolutionmining.com.au

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Evolution Mineral Resources December 2015

Gold	Gold	Gold	Measured	Measured	Measured	Indicated	Indicated	Indicated	Inferred	Inferred	Inferred	Total Resource	Total Resource	Total Resource	Competent Person
Project	Type	Cut-Off	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)
Cowal1	Total	0.40	39.93	0.71	906	95.68	1.05	3,226	28.51	1.00	913	164.12	0.96	5,046	1
Cracow1	Total	2.80	0.34	10.57	115	1.00	6.53	210	1.08	5.15	178	2.42	6.48	504	2
Pajingo	Openpit	0.75	-	-	-	0.09	2.30	7	0.06	4.34	8	0.15	3.09	14
Pajingo1	Underground	2.50	0.09	11.54	32	0.63	7.91	161	1.67	6.82	367	2.39	7.28	560
Pajingo	Total		0.09	11.54	32	0.72	7.22	168	1.73	6.74	375	2.54	7.04	574	3
Edna May1	Openpit	0.40	-	-	-	15.38	0.97	479	2.53	0.73	59	17.92	0.94	539
Edna May	Underground	2.50	-	-	-	1.13	7.68	278	0.10	7.62	23	1.22	7.67	301
Edna May	Total		-	-	-	16.51	1.43	757	2.63	0.98	83	19.14	1.37	840	4
Mt Carlton1	Openpit	0.35	0.08	9.09	24	8.38	3.09	834	-	-	-	8.46	3.15	858
Mt Carlton	Underground	2.50	-	-	-	-	-	-	0.16	5.35	27	0.16	5.35	27
Mt Carlton	Total		0.08	9.33	24	8.38	3.10	834	0.16	5.35	27	8.62	3.19	885	5
Mt Rawdon1	Total	0.20	0.51	0.53	9	50.58	0.70	1,138	5.00	0.57	91	56.09	0.69	1,238	6
Mungari1	Open pit	0.50	0.67	1.16	25	9.10	1.54	451	-	-	-	9.77	1.52	476
Mungari1	Underground	2.5/1.2	1.80	6.94	403	7.99	2.51	645	4.02	1.85	236	13.81	2.90	1,287
Mungari1	Total		2.47	5.39	428	17.09	1.99	1,096	4.02	1.85	236	23.58	2.33	1,763	7
Mungari Regional	Total		0.49	1.96	31	27.43	1.46	1,289	26.85	1.60	1,385	55.75	1.54	2,767	8
Twin Hills+	Openpit	0.50	-	-	-	-	-	-	3.06	2.10	204	3.06	2.10	204
Twin Hills+	Underground	2.30	-	-	-	-	-	-	1.56	3.90	194	1.56	3.90	194
Twin Hills+	Total		-	-	-	-	-	-	4.62	2.68	398	4.62	2.68	398	8
Total			43.91	1.09	1,545	217.39	1.25	8,718	74.60	1.54	3,686	336.88	1.29	14,015

Full details are provided in the report entitled “Annual Mineral Resources and Ore Reserve Statement 2015” released to ASX on 31 April 2016 which is available to view at www.evolutionmining.com.au

Mungari Regional Mineral Resources: Evolution has updated Castle Hill Stage 1 only. Norton Gold has the right to mine Castle Hill Stage 1 and Evolution to receive 50% of the profits. Full details of the Phoenix Gold Limited Mineral Resources that have not materially changed since last reported and now included at Mungari Regional are provided in the report entitled “Phoenix’s Mineral Resources grow beyond 4 million ounces” released to ASX on 14 January 2015, and “Further information on updated total Resource” released on 19 January 2015 by Phoenix Gold Limited (“Phoenix”) and are available to view on www.evolutionmining.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in this presentation and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the Report

Group Mineral Resources Competent Person Notes refer to 1. Joseph Booth; 2. Shane Pike; 3. Andrew Engelbrecht; 4. Greg Rawlinson; 5. Matthew Obiri-Yeboah; 6. Hans Andersen; 7. Sam Hamilton; 8. Michael Andrew Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding Mineral Resources are reported inclusive of Ore Reserves

1Includes stockpiles + Twin Hills has not changed as it is being reported as 2004 JORC Code

Due to depletion of A39 at Mt Carlton and lower grade Ag, Cu for remaining resource at Mt Carlton, the 2015 Mineral Resources and Ore Reserves statement has been reported in gold ounces The Cowal mine was acquired on 24 July 2015 and the Mungari assets on 24 August 2015

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Evolution Ore Reserves December 2015

Gold	Gold	Gold	Proved	Proved	Proved	Probable	Probable	Probable	Total Reserve	Total Reserve	Total Reserve	Competent Person
Project	Type	Cut- Off	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)
Cowal1	Open pit	0.40	39.93	0.71	906	59.47	1.02	1,941	99.40	0.89	2,848	1
Cracow1	Underground	3.50	0.50	6.11	98	0.56	5.12	92	1.06	5.59	190	2
Pajingo1	Underground	3.30	0.17	6.82	37	0.39	5.60	70	0.55	5.97	107	2
Edna May1	Open pit	0.50	-	-	-	8.32	1.00	269	8.32	1.00	269	3
Edna May1	Underground	2.50	-	-	-	1.34	4.69	202	1.34	4.69	202	2
Edna May1	Total		-	-	-	9.66	1.51	471	9.66	1.51	471
Mt Carlton1	Open pit	0.80	-	-	-	4.62	4.78	709	4.62	4.78	709	4
Mt Rawdon1	Open pit	0.30	0.51	0.53	9	33.92	0.78	855	34.43	0.78	864	5
Mungari1	Underground	2.90	1.42	5.57	254	0.57	5.60	103	1.99	5.58	357
Mungari1	Open pit	0.70	0.65	1.00	21	5.28	1.69	288	5.93	1.62	309
Mungari1	Total		2.07	4.13	275	5.85	2.07	390	7.92	2.610	665	6
Total			43.18	0.95	1,325	114.47	1.23	4,528	157.64	1.15	5,853

Full details Of Evolution’s Mineral Resources and Ore Reserves are provided in the report entitled “Annual Mineral Resources and Ore Reserve Statement 2015” released to ASX on 31 April 2016 which is available to view at www.evolutionmining.com.au Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding

1Includes stockpiles

Due to depletion of A39 at Mt Carlton and lower grade Ag, Cu for remaining resource at Mt Carlton, the 2014 Mineral Resources and Ore Reserves statement has been reported in gold ounces The Cowal mine was acquired on 24 July 2015 and the Mungari assets on 24 August 2015

The Company confirms that it is not aware of any new information or data that materially affects the information included in the Report and that all material assumptions and technical parameters underpinning the estimates in the Report continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the Report Group Ore Reserve Competent Person Notes refer to: 1. Jason Floyd; 2. Ian Patterson; 3. Guy Davies; 4. Tony Wallace; 5. Ross McLellan; 6. Matt Varvari 22

Mun ari Mineral Resources g

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	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **	**Mungari Mineral Resources- December 20151 **
Mineral Resource	Measured			Indicated			Inferred			Total Resource
	Tonnes	Grade Au (g/t)	Cont. Metal Au (koz)	Tonnes	Grade Au (g/t)	Cont. Metal Au (koz)	Tonnes	Grade Au (g/t)	Cont. Metal Au (koz)	Tonnes	Grade Au (g/t)	Cont. Metal Au (koz)
	(Mt)			(Mt)			(Mt)			(Mt)
Open-Pit
White Foil	-	-	-	8.15	1.56	409	-	-	-	8.15	1.56	409
Cutters Ridge	-	-	-	0.95	1.36	42	-	-	-	0.95	1.36	42
Stockpiles	0.67	1.16	25	-	-	-	-	-	-	0.67	1.16	25
Sub Total	0.67	1.16	25	9.1	1.54	451	-	-	-	9.77	1.52	476
Underground
Frogs Leg	1.8	6.94	403	1.22	5.91	231	0.11	3.89	14	3.13	6.43	648
White Foil	-	-	-	6.77	1.9	414	3.91	1.79	225	10.68	1.86	639
Sub Total	1.8	6.94	403	7.99	2.51	645	4.02	1.86	239	13.81	2.9	1,287
Total	2.47	5.39	428	17.09	1.99	1,096	4.02	1.86	239	23.58	2.33	1,763

Notes:

Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding Open Pit Mineral Resource reported above cutoff of 0.5g/t Frogs Leg Underground Resource reported above cutoff of 2.5g/t White Foil Underground Resource reported above cutoff of 1.2 g/t Mineral Resources are reported inclusive of Ore Reserves

1. This information is extracted from the report entitled “Annual Mineral Resources and Ore Reserves Statement” released to ASX on 21 April 2016 and is available to view on www.evolutionmining.com.au. Further footnotes are provided on slide 141 of this presentation

Mun ari Re ional Mineral Resources g g

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				Mungari Regional Resources –	Mungari Regional Resources –	Mungari Regional Resources –	**December 20151 **	**December 20151 **
				Measured			Indicated			Inferred			Total Resource
Project	Prospect	Cut-Off	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)	Tonnes (Mt)	Gold Grade (g/t)	Gold Metal (koz)
**Broads Dam **	BroadsDam	0.80							1.92	2.21	136	1.92	2.21	136
	BlueFunnel	0.80				0.13	2.92	12	0.24	2.78	22	0.37	2.83	34
Broads Dam Subtotal						0.13	2.92	12	2.16	2.27	158	2.29	2.31	170
**Red Dam **	RedDam	1.00				2.05	2.12	140	1.04	2.21	74	3.10	2.15	214
Red Dam Subtotal						2.05	2.12	140	1.04	2.21	74	3.10	2.15	214
Carbine	Carbine North	0.80				1.70	1.58	86	0.21	2.07	14	1.90	1.63	100
Carbine Subtotal						1.70	1.58	86	0.21	2.07	14	1.90	1.63	100
**Zuleika-North **	Lady Jane	0.80							0.62	2.49	49	0.62	2.49	49
Zuleika-North Subtotal									0.62	2.49	49	0.62	2.49	49
Ora Banda	Backflip	0.80				0.77	2.41	60	0.54	2.16	38	1.31	2.30	97
	Boundary	0.80							1.58	1.83	93	1.58	1.83	93
	Nazzaris	0.80				1.59	1.75	89	0.37	1.64	19	1.96	1.73	109
	Whitehaven	0.80							0.30	1.36	13	0.30	1.36	13
Ora Banda Subtotal						2.36	1.96	149	2.79	1.82	163	5.15	1.88	312
Castle Hill	CastleHill 1	0.80				14.04	1.12	505	10.07	1.20	388	24.11	1.15	893
	Castle Hill 2	1.00				3.03	1.64	160	3.73	1.71	205	6.76	1.68	366
	Castle Hill 3	0.80				2.38	1.43	109	1.36	1.34	59	3.74	1.40	168
	Ridgeback	1.00							0.48	2.17	33	0.48	2.17	33
Castle Hill Subtotal						19.45	1.24	775	15.64	1.36	685	35.09	1.29	1,460
Burgundy	Burgundy	1.00	0.49	1.96	31	0.40	2.27	29	0.09	1.51	4	0.98	2.04	65
Burgundy Subtotal			0.49	1.96	31	0.40	2.27	29	0.09	1.51	4	0.98	2.04	65
Kunanalling	Telegraph	0.80							0.88	1.55	44	0.88	1.55	44
	Catherwood	0.80				0.46	2.36	35	1.13	1.84	67	1.59	1.99	102
	Premier	0.80							0.16	2.07	11	0.16	2.07	11
	Emu	0.80							0.54	2.00	35	0.54	2.00	35
	Rayjax	0.80							0.24	3.00	23	0.24	3.00	23
	Cutters Ridge	0.80							1.18	1.32	50	1.18	1.32	50
Kunanalling Subtotal						1.26	2.30	94	4.30	1.72	238	6.55	1.87	393
Stockpiles						0.08	1.45	4				0.08	1.45	4
Total			0.49	1.96	31	27.43	1.46	1,289	26.85	1.60	1,385	55.75	1.54	2,767

Note: Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding. Mineral Resources are reported inclusive of Ore Reserves

1. This information is extracted from the report entitled “Annual Mineral Resources and Ore Reserves Statement” released to ASX on 21 April 2016 and is available to view on www.evolutionmining.com.au. Further footnotes are provided on slide 141 of this presentation