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FOCUS MINERALS LTD Capital/Financing Update 2024

Mar 7, 2024

64932_rns_2024-03-07_bdbe0738-388c-4e36-b4b8-14bf04d800d1.pdf

Capital/Financing Update

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Market Announcement

8 March 2024

Laverton Gold Project Mineral Resource Updates

Highlights:

  • Review of Central Laverton resources improves geological confidence and delivers additional 233.9Koz Au

  • Total updated Mineral Resources for the Laverton Gold Project now comprise: 74.2Mt @ 1.7 g/t for 3.98Moz, a 6.2% gain

West Australia’s newest gold producer Focus Minerals ( ASX: FML ) ( Focus or the Company ) is pleased to announce a compilation of Mineral Resources updates at the Laverton Gold Project ( LGP ). The updated Mineral Resources include the following significantly mineralised structural trends: Craigiemore – Mary Mac, Gladiator, West Laverton – Bulldog, and the Chatterbox Shear.

The LGP covers 407.2km[2] of highly prospective tenements, including the historic Lancefield and Chatterbox trend mines, on the outskirts of the Laverton township in the Goldfields region. Focus’ strategy is to identify sufficient open pit Mineral Resources across the Laverton tenement package to update the Stage 1 Open Pit PFS announced in March 2021.

March quarter 2024 Mineral Resource updates have increased LGP contained gold ounces by 6.2%. The aggregate LGP Measured, Indicated and Inferred Mineral Resources now comprise:

Classification Tonnage
(Mt)		 Au Grade
(g/t)		 Au Contained
Moz
Total Measured 0.39 1.7 0.02
Total Indicated 49.29 1.5 2.33
Total Inferred 24.54 2.1 1.63
Total Mineral Resource 74.22 1.7 3.98

Market Announcement | Page 1 of 50

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Figure 1: Key Laverton project deposits with recent Mineral Resource Estimates.

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Table 1: Summary of Combined March Quarter 2024 LGP Mineral Resources updates and changes versus previously reported Mineral Resources

Market Announcement | Page 3 of 50

Central Laverton Location and Past Production

The Central Laverton mining area is located between 2 and 10km E to SSE from Laverton townsite (Figure 2). This mining area includes the following highly mineralised trends:

  • Craigiemore - Mary Mac Trend located 2km to 3.6km SSE of Laverton

  • West Laverton – Bull Dog Trend located 2.1 to 3.4km E and SE of Laverton

  • Gladiator Trend (includes Murrays, Cousin Murrays, Gladiator North, Gladiator UG and Gladiator West) located 4 – 4.5km E and ESE of Laverton

  • Chatterbox Trend (includes Innuendo, Eclipse, Apollo, Rumour) located 7.8 – 10km E and SE of Laverton

These deposits are linked by numerous roads including modern haul roads (Figure 2) and have had extensive historic production totalling at least 4,916,751 t @ 2.46 g/t for 389,168 oz stretching back to the turn of the century (Table 2).

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Table 2: Summary historic production from deposits under review in the March Quarter 2024

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Figure 2: Detailed location map for Central Laverton deposits with Mineral Resource Updates in the March quarter 2024. The map details location of Focus tenure and roads relative to the deposits and Laverton townsite. Drill collars are marked for holes extending beyond 60m depth. The collars for holes are coloured as per inset legend representing the best significant intersection for each hole exceeding 0.5g/t and including up to 3m internal dilution converted to GxM (grade x down hole interval). This helps to highlight the parts of the mineralised trends that have been drilled. Representative section locations for following figures are also marked.

Market Announcement | Page 5 of 50

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Figure 3: View North of representative 40m wide sections A-A’, B-B’, C-C’, D-D’, E-E’ as marked on Figure 2. The updated February 2024 block models cut off at 0.6 g/t are shown with centroids coloured for gold g/t as per the inset legend. Simplified geology is
marked up to the base of complete oxidisation for each deposit. Drill traces for RC, RC/DD and DD holes extending to at least 60m depth are shown.
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Central Laverton Deposit Summary Geology

The Craigiemore - Mary Mac Trend (Golden Pinnacles, Mary Mac North, Mary Mac South, Craigiemore deposits) broadly comprise N-S to NNE striking mineralisation that dips steeply to the E and ESE (Figures 2 and 3 A -A’). Predominantly mineralisation is strata bound within a BIF unit but in some locations gold mineralisation has extended into the hanging wall and footwall mafic rocks (tholeiitic basalts to the W and quartz dolerite to the E). The BIF has undergone significant deformation and structural thickening and is displaced by late-stage E-W faults. The central zone of mineralisation is associated with vein quartz and pyrite located along a sheared contact between faulted silicified cherty BIF and dolerite mafics. Other zones of mineralisation occur on shears within basalts and on the contacts of dolerites. Within the plane of the main mineralised structures, shoots of thicker and highergrade mineralisation plunge moderately to the NNE.

The West Laverton – Bulldog Trend (Rega, West Laverton and Bulldog deposits) comprises N-S striking mineralisation that dips at about 30 – 35 degrees towards the east (Figures 2 and 3 A -A’, B-B’ and C- C’). The central zone of mineralisation is shear hosted overprinting an ultramafic gabbro. In places the shear is also intruded by felsic porphyry. The footwall of the shear is dominated by a dolerite. The hanging wall comprises basalt. The mineralisation is open at depth, along strike and between deposits. Within the plane of the main mineralised structures shoots of thicker and higher grade mineralisation plunge to the NE.

The Gladiator Trend (Murrays, Cousin Murrays, Gladiator Pit and Gladiator West) comprises NNE, SW and NNW striking mineralisation that dips in a number of directions.

  • Murrays deposit dips moderately ESE. Along strike to the north the rich Gladiator underground is located on the northern extension of the Murrays structure (Figures 2 and 3 B-B’).

  • The Cousin Murrays deposit is located on a SE striking SW dipping splay/back fault structure that links into Murrays structure north of the pit (Figure 2). The mineralisation is best developed in the vicinity of a dolerite/basalt contact (Figure 3 B-B’)

  • The Gladiator Pit structure strikes ESE and dips steeply ESE (Figures 2 and 3 B-B’). A number of moderate NE dipping hanging wall splays nucleate at the north end of the pit with mineralisation extending into the east wall of the pit. The main structure extends at least 500m north of the pit along the hanging wall contact of a dolerite dyke.

  • Gladiator West comprises numerous moderate to shallow ESE dipping shears hosted by basalts and sub parallel intermediate porphyries. The mineralisation is developed footwall to the historic gladiator underground (northern extension of the Murrays structure). Where the low angle Gladiator west structures intersect steeper Gladiator UG the width and grade of the mined underground mineralisation locally increases

  • Multiple shoot orientations have developed on the Gladiator trend presumably due to the intersections of shears/splays and geology.

The Chatterbox Shear Trend (Innuendo, Apollo (Whisper), Eclipse (Garden Well), Rumour deposits – Figure 2) are located on two prominent aeromagnetic trends that generally strike NNE. These structures extend several km to the north and the Beasley Creek deposits. Chatterbox mineralisation generally dips moderately to the ESE (Figure 3 D-D’ and E-E’). The main zone of mineralisation at Innuendo, Apollo (Whisper) and Rumour is located in the same geological position as the Beasley Creek/Beasley South deposits. The main zone structure comprises intensely altered and sheared melange of hanging wall/footwall sediments and metasediment rocks. This structure is regularly exploited by felsic intrusives and is commonly very deeply weathered. Hanging wall and footwall mineralisation occurs adjacent to and with similar dips to main zone mineralisation. The Eclipse

Market Announcement | Page 7 of 50

(Garden Well) deposit exploits a hanging wall shear that includes intervals of meta sedimentary/BIF. The Garden Well mineralisation is located hanging wall to a dolerite dyke with significant strike that remains untested on Focus tenure.

Central Laverton March Quarter 2024 Updated Mineral Resources

Craigiemore - Mary Mac Trend

The updated Mineral Resources on the Craigiemore - Mary Mac Trend are reported on a dry tonnage basis using 0.6g/t cut off (previously 1.0g/t). Deposits are reported at various depths ranging from 170 - 195m below surface depending on the depth of resource quality drilling. An Ordinary Kriging (OK) estimation technique was selected and variograms were modelled in Supervisor. Each domain was estimated separately using its own sample data and applicable top cut. The updated total Mineral Resource Estimate for the Craigiemore - Mary Mac Trend is summarised with comparison to the previously reported Mineral Resource estimate.

Classification Tonnes
(Kt)
Change
(t)
Au Grade
(g/t)
Change
(g/t)
Au Contained
(Koz)		 Change
Oz
Indicated 2,533 104% 1.39 -29% 113.3 45%
Inferred 956.9 351% 1.34 -43% 41.2 158%
Total Craigiemore
- Mary Mac Trend
3,489.9
140%		 1.38 -32% 154.5 64%

West Laverton Trend

The updated Mineral Resources on the West Laverton Trend are reported on a dry tonnage basis using 0.6g/t cut off. Deposits are reported at various depths ranging from 150 -160m below surface depending on the depth of resource quality drilling. An OK estimation technique was selected and variograms were modelled in Supervisor. Each domain was estimated separately using its own sample data and applicable top cut. The updated total Mineral Resource Estimate for the West Laverton Trend is summarised with comparison to the previously reported Mineral Resource estimate.

Classification Tonnes
(Kt)
Change
(t)
Au Grade
(g/t)
Change
(g/t)
Au Contained
(Koz)		 Change
Oz
Indicated 1,113.3
-11%		 1.8 -14% 64.5 -24%
Inferred 2,502.1
2,057%		 1.5 -14% 120.7 1,757%
Total West
Laverton Trend		 3,615.4
164%		 1.59 -23% 185.2 104%

Gladiator Trend

The updated Mineral Resources on the Gladiator Trend are reported on a dry tonnage basis using 0.6g/t cut off. Deposits are reported at various depths ranging from 150 -160m below surface depending on the depth of resource quality drilling. An OK estimation technique was selected and variograms were modelled in Supervisor. Each domain was estimated separately using its own sample data and applicable top cut. The updated total Mineral Resource Estimate for the Gladiator Trend is summarised with comparison to the previously reported Mineral Resource estimate.

Classification Tonnes
(Kt)
Change
(t)
Au Grade
(g/t)
Change
(g/t)
Au Contained
(Koz)		 Change
Oz
Indicated 1,909.6
3,879%		 1.03 -47% 63 2,000%
Inferred 1,405.4
1,076%		 1.00 -34% 45.1 673%
Total Gladiator
Trend		 3,314.9
1,863%		 1.01 -38% 108.1 1,115%

Chatterbox Trend

The updated Mineral Resources on the Chatterbox Trend are reported on a dry tonnage basis using 0.6g/t cut off (previously 0.8 – 1.0g/t). Deposits are reported at various depths ranging from 120 -140m below surface depending on the depth of resource quality drilling. An OK estimation technique was selected and variograms were modelled in Supervisor. Each domain was estimated separately using its own sample data and applicable top cut. The updated total Mineral Resource estimate for the Chatterbox Trend is summarised with comparison to the previously reported Mineral Resource estimate.

Classification Tonnes
(Kt)
Change
(t)
Au Grade
(g/t)
Change
(g/t)
Au Contained
(Koz)		 Change
Oz
Measured 0 -100% 0 -100% 0 -100%
Indicated 4,208.5
53%		 1.6 -25% 215.8 15%
Inferred 3,541.1
65%		 1.32 -44% 150.0 -7%
Total West
Laverton Trend		 7,749.6
43%		 1.47 -34% 365.8 -5%

The release of this ASX announcement was authorised by Mr Wanghong Yang, Executive Chairman of Focus Minerals Ltd.

For further information please contact:

For media and investor enquiries please contact:

Alex Aaltonen Nicholas Ong General Manager Exploration Company Secretary Focus Minerals Ltd. Focus Minerals Ltd. Phone: +61 8 9215 7888 Phone: +61 8 9215 7888 Email: [email protected] Email: [email protected]

About Focus Minerals Limited (ASX: FML)

Focus is committed to delivering shareholder value from the Coolgardie Gold Operation, a 116.6km[2] tenement holding that includes a 1.2Mtpa processing plant at Three Mile Hill, with commencement of mining activities in mid2023. A new Life of Mine plan with 7-year production for 402,000oz of gold was announced to the ASX on 24 October 2022.

The Laverton Gold Project covers 407.2km[2] area of highly prospective ground that includes the historic Lancefield and Chatterbox Trend mines. Focus’ priority target is to confirm sufficient gold mineralisation to support production restart at Laverton.

Competent Person Statement

The information in this announcement that relates to Exploration Results is based on information compiled by Mr Alex Aaltonen, who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Aaltonen is an employee of Focus Minerals Limited. Mr Aaltonen has sufficient experience that is relevant to the style of

Market Announcement | Page 9 of 50

mineralisation and type of deposit under consideration and to the activity which he is undertaking 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.

The Mineral Resource estimates were undertaken by Ms Hannah Kosovich, an employee of Focus Minerals. Ms Hannah Kosovich is a member of Australian Institute of Geoscientists and has sufficient experience 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 Aaltonen and Ms Hannah Kosovich consent to the inclusion in the report of the matters based on the information in the form and context in which it appears.

ASX Listing Rule 5.19.2

The Central Laverton deposits with updated Mineral Resource estimates are not included in the Laverton Stage 1 Open Pit PFS Progressive Results announced on 11 March 2021. Therefore, the material assumptions underpinning the production target, or the forecast financial information derived from the PFS continue to apply and have not materially changed.

JORC Code, 2012 Edition – Table 1 Laverton deposits – Chatterbox Deposits (Apollo-Whisper, Eclipse-Garden Well, Innuendo, Rumor), West Laverton Deposits (West Laverton, Rega, Bulldog), Gladiator Deposits (Gladiator West, Murrays, Cousin Murray, Gladiator Pit), Craigiemore, Mary Mac to Mary Mac North and Golden Pinnacles.

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria Explanation
Sampling
techniques		 • This report relates to results from Reverse Circulation (RC) and diamond core
(DDH) drilling.
• Unless specifically mentioned Chatterbox deposits Apollo - Whisper, Eclipse –
Garden Well, Innuendo and Rumor are referred to the Chatterbox in this table.
West Laverton refers to the deposits West Laverton, Rega and Bulldog in this
table. Gladiator deposits Gladiator Pit, Murrays, Cousin Murray and Gladiator
West are referred to as Gladiator in this table. Deposits Craigiemore, Mary Mac,
Mary Mac North and Golden Pinnacles trend are referred to as CM/MM in this
report.
• The deposits covered in this release have been drilled by various companies
over the years. Most companies held multiple tenements during their tenure with
similar drill practices were applied at each deposit. This includes Focus Minerals
Ltd (FML), Crescent Gold NL (Crescent), Metex Resources (Metex) and its
Laverton Exploration Joint Venture (LEJV) with Delta Gold NL(DGL) and Placer
Dome Asia Pacific (PDAP), Sons of Gwalia Ltd (SOG), Western Mining
Corporation (WMC), Hillmin Gold Mines Pty Ltd (Hillmin), which was renamed
Ashton Gold Mines Pty Ltd (Ashton) in October 1989. This was dissolved in
December 1990 with all rights and obligations assumed by Ashton Gold (WA)
Ltd.
• Chatterbox Trend was drilled by FML, Crescent, Metex/LEJV and WMC.
• West Laverton trend was drilled by FML, Crescent, SOG and Hillmin/Ashton.
• Gladiator trend was drilled by FML, SOG, WMC, Hillmin/Ashton, Metex/LEJV,
Teck Explorations Ltd, Technomin Australia NL
• CM/MM trend was drilled by FML, Crescent, SOG and Hillmin/Ashton.
• Early Crescent RC holes were sampled at 1m intervals with the sample from the
cyclone being collected in a plastic bag then put through a 75/25 riffle splitter,
resulting in a 3-4kg sample. Later, larger programs collected 1m RC samples
automatically using a cone splitter off the drill rig producing 3kg samples.
• Crescent diamond core was sampled across geologically identified zones of
mineralisation, the sample lengths varied between a minimum of 0.1m and a
maximum of 1.3m. The diamond core was marked up for sampling by the
supervising geologist during the core logging process, with sample intervals
determined by the presence of lithology, alteration, and where applicable core
loss. The core was cut in half using a core saw and the same half of the core
(RHS looking downhole) was routinely sent to the laboratory for analysis.
Infrequent whole core samples were submitted at CM/MM.
• FML and more recent Crescent RC percussion drill chips were collected through
a cone splitter from the drill rig. The bulk sample from drilling was placed in neat
rows directly on theground(not bagged) with the nominal 2-3kg calico split sub-

Page 11 of 50

sample placed on top of the corresponding pile. RC chips were passed through a
cone splitter to achieve a nominal sample weight of approximately 3kg. The
splitter was levelled at the beginning of each hole. Geological logging defined
whether a sample was to be submitted as a 1m cone split sample or a 4m spear
composite sample. Split samples (1m) were transferred to sample numbered
calico bags for submission to the laboratory. Composite samples were spear
sampled using a scoop to obtain a small representative sample and deposited
into numbered sample bags. Mineralised 4m composite sampled where
resampled at 1m intervals using stored original 1m cyclone split samples.
• FML diamond core was sampled across identified zones of mineralisation and
vary from 0.2m to a maximum of 1.2m. The core was cut in half using a core saw
and the ½ core samples submitted for assay.
• WMC RC samples were collected on 1m intervals.
• Hillmin/Ashton collected 1m RC samples via a riffle splitter, some programs also
concurrently collected 4m composite samples. Where composite assays
exceeded 0.1 ppm Au, the corresponding 1m samples for the entire composite
interval were submitted for assay. Hillmin/Ashton recorded duplicate samples in
the assay files.
• Hillmin diamond core was sampled after diamond sawing to ½ core and
mineralised intervals sampled to lithological contacts while non ore grade host
rock was submitted as 4m filleted composites.
• Ashton diamond drilling was either with an RC pre-collar followed by HQ
diamond coring or PQ diamond core from surface, which was reduced to HQ in
earlier holes. Diamond core was either quarter or half core sampled in 1m
intervals within the mineralised zones or composited to 4m outside known
mineralisation zones.
• Teck Exploration collected samples in 1m intervals that were composited to 2m
for analysis with anomalous values and/or chert intersections assayed at 1m
intervals.
• Technomin submitted 1m or 2m samples for analysis.
• SOG RC holes were sampled as 1m samples from surface using a riffle splitter
to generate ~ 3kg samples with later programs collecting samples at 3m- 4m
composites and submitting 1m split samples where “significant gold” was
intersected.
• Metex / LEJV collected RC samples in 1m intervals in plastic bags. All dry
sample were riffle split to return a representative 1m split sample for analysis.
Any wet/Moist samples where 50mm PVC spear sampled. Samples were 4m
composites with corresponding 1m intervals resampled via the same method
from composites that returned assay values greater than 0.1ppm.
• Metex Diamond holes had an RC pre-collar that was generally composite
sampled in 4m intervals, the core was half core samples with sample lengths
from only a handful of 4m composites to 0.5m length with the majority of core
sampled to 1m intervals.
Drilling techniques • Only Reverse Circulation (RC) and Diamond drilling (DD) methods have been
included in the resource estimate.
• FML RC drilling was conducted using a 5 3/8inch face sampling hammer for RC
drilling or NQ2 triple tube diamond drilling. At hole completion, downhole surveys
for RC holes were completed at 30m intervals using a True North Seeking Gyro
tool.
• Crescent completed RC using a face sampling hammer or HQ diamond drilling.
• Hillmin used rotary mud pre-collars or existing RC holes for its diamond drilling
using a PQ or HQ diameter drill bit.
• Ashton RC reports state drilling was by a face sampling hammer RC rig.
• Ashton used a PQ or HQ diameter drill bit, with coring either from surface or with
an RC pre-collar.
• SOG used RC face sampling hammer drilling techniques.
• Metex/LEJV RC drilling was conducted using 5 3/8inch bits and face sampling
hammers with 900cfm/350psi of air boosted to 1200cfm/700psi where necessary
by an auxiliary compressor.
• Metex Diamond drilling was by NQ sized core barrels at Gladiator and PQ or HQ
triple tube core barrels at Chatterbox all with RC pre-collars.
• Metex reported that WMC RC holes were drilled using a conventional cross-over
sub.
• Teck used a variety of RC drilling hammers depending on the rock type using a
Schramm rig with 425cfm/250 psi.
Drill sample
recovery		 • Historic RC drill sample recovery is not well documented.
• FML/Crescent RC sample recovery was recorded by a visual estimate % during
the logging process.
• Crescent diamond core recovery was reported as a percentage of the core run.
• FML diamond core recovery was measured and recorded as a percentage of the
core “run”. That is, the length of core between the run blocks against the
increase in hole depth.
• Hillmin early RC drill logs do not document drill recovery, however later drill logs
have a percentage estimate recorded.
• Hillmin Diamond core recovery is recorded as a % of the core in the drill logs and
varies from 73% to 100% with majority of recovery above 90%.
• Ashton Diamond core recovery is recorded as a % of the core in the drill logs
and overall was good.
• Metex/LEJV sample recovery is not well documented in their WAMEX reports. In
a Chatterbox report diamond core recoveries were generally good. Core loss
was recorded in limited areas with significant jointing/fractures or weathered
clays.
• Along the Chatterbox trend the high water table issues prevalent at Beasley
Creek also impacted samples.
• Work by Crescent in 2011 to establish unreliable samples based on logging of
Wet samples or poor recovery from sample weights were flagged and excluded
from the Resource estimate.
• Metex developed a sample quality matrix to log sample return and moisture
when logging. Sample recovery/return was split into 0-25%, 25-65%, 65-100%;
whilst moisture was Wet, Damp, Dry. A record of 1 had the lowest recovery and
was wet, 9 was considered high recovery and dry. Samples logged with a Quality
ranking of wet, regardless of % return was set to absent and ignored during the
grade estimation process but used in the guidance of mineralisation.
Logging • FML/Crescent RC samples were geologically logged to record weathering,
regolith, rock type, colour, alteration, mineralisation, structure, texture and any
other notable features that are present. All data is entered directly into validating
digital software directly.
• In addition to parameters logged over RC chips, all diamond core was also
logged for structure. If an orientation line was available, structure orientation
measurements were taken and recorded.
• Core holes were oriented where possible and marked into metre intervals with
relation to hole depth. Any loss of core was noted and recorded in the drilling
database. Recovery and RQD measurements were recorded.
• The logging information was transferred into the company’s drilling database
once the log was complete.
• Logging was qualitative, however the geologists often recorded quantitative
mineral percentage ranges for the sulphide minerals present.
• Diamond core was photographed one core tray at a time wet and dry using a
standardised photography jig.
• The entire length of all holes was logged.
• Hillmin/Ashton logged the entire drill hole for colour, weathering, rock type,
texture, structure, alteration, veining and mineralisation.

Market Announcement | Page 13 of 50

• Ashton diamond holes were also geologically logged for colour, weathering, rock
type, texture, structure, alteration, veining and mineralisation.
• SOG logged holes from surface for weathering, lithology, texture, grain size,
colour, alteration and veining.
• WMC RC samples were logged to record colour, grain size, occasional
weathering, structural fabric and rock type.
• Metex/LEJV RC and DD holes were logged for colour, weathering, structural
fabric, alteration, veining, mineralisation, sample quality and lithology. Diamond
core was also logged for recovery and RQD.
• Teck and Technomin RC holes were logged for colour, weathering, rock type,
quartz veining.
Sub-sampling
techniques and
sample
preparation		 • FML All samples were collected in a pre-numbered calico bag bearing a unique
sample ID. Jinning Testing & Inspection completed the assay testing, with
sample preparation and assay completed in Kalgoorlie. All samples were oven
dried, crushed to a nominal 10mm using a jaw crusher (core samples only) and
weighed. Samples in excess of 3kg in weight were riffle split to achieve a
maximum 3kg sample weight before being pulverized to 90% passing 75μm.
Gold analysis was by 40g Fire Assay with an AAS Finish.
• Crescent submitted 1m RC samples or ½ core diamond samples. Samples were
collected in pre-numbered bags weighing approx. 3kg and submitted to various
laboratories for fire assay or screen fire assay with an ICP-OES or AAS Finish.
• Hillmin/Ashton submitted either 1m samples or 4m composite samples in
numbered bags that corresponded to the 1m intervals they’d composited.
Samples were sent to AAL Laboratories in Leonora, SGS in Kalgoorlie or
Ultratrace in Perth for Fire Assay on a 50g charge with an AAS finish. Where the
composite sample exceeded 0.1 ppm Au, the pre-numbered individual 1m
samples were submitted for Fire Assay to a lower detection limit of 0.01ppm Au.
• Ashton reports state samples submitted to SGS Kalgoorlie, samples were dried,
jaw crushed, hammer milled, split and pulverised. Samples were analysed for
gold by fire assay on a 50g charge to a lower limit of detection of 0.01 ppm Au.
Where the composite assay exceeded 0.1 ppm, the relevant 1m interval was
submitted to SGS for analysis.
• Hillmin/Ashton diamond core was sampled as either 4m filleted composites or a
sawn core sampled to lithological contacts. Samples were submitted to
Genalysis or SGS Kalgoorlie for gold analysis by screen fire assay method.
• WMC sub-sampling and assay preparation not documented. Samples were
submitted to WMC labs at its Windarra or Kalgoorlie operations.
• SOG submitted 1m or 2-4m composite samples for analysis to ALS Laboratories
for analysis by aqua regia digest with an AAS finish or Ultra Trace Perth for fire
assay.
• Teck submitted 2m composite samples to Analabs Kalgoorlie by aqua regia
digest with an AAS, subsequent 1m samples submitted were analysed by fire
assay.
• Technomin submitted 1m or 2m composite samples weighing approx. 2-3kg to
Australian Assay Laboratories for a 50g fire assay.
• Metex/ LEJV RC samples were submitted to Amdel or Genalysis Kalgoorlie for
analysis with either an aqua regia digest or 50g fire assay. At Gladiator a
multielement analysis was run on samples.
• Metex diamond samples were submitted to Genalysis for multielement analysis
with Aqua regia analysis and fire assay on the re-split.
Quality of assay
data and
laboratory tests		 • FML inserted 2 standards and collected 4 duplicates for every 100 samples.
Diamond core field duplicates were not taken. Laboratory replicates were also
taken in the sample preparation stage by the responsible laboratory.
• All results from assay standards, duplicates and lab repeats were scrutinised to
ensure they fell within acceptable tolerances.
• Crescent submitted Certified Standards, blanks, field duplicates and laboratory
repeats at regular intervals over the drill programme.
• Crescent logged the sample quality as wet, moist or dry and reviewed sample
weights to flag holes as being unreliable and excluded from the estimation.
• Crescent also twinned 5 RC holes at Innuendo with diamond to ascertain the
effects of the high water content encountered whilst drilling. The report
concluded there is reliability issues with down hole contamination in wet
samples. This has been taken into account with the estimation by removing all
samples logged as wet or unreliable.
• All results from assay standards, duplicates and lab repeats were scrutinised to
ensure they fell within acceptable tolerances.
• Crescent resource geologists also reviewed the available QAQC data for pre-
Crescent drilling and generated Q-Q plots to compare the data within flagged
lodes and filtered by reliability. The data distribution between companies was
comparable and considered acceptable to use.
• Hillmin/Ashton took field duplicate samples in the RC.
• Hillmin ran a laboratory comparison check during the 1987 drill program
comparing RDL Assay results to SGS Assay results for selected drill hole
intervals. Then comparing with Minlab.
• At CM/MM Hillmin twinned a selection of RC holes with Diamond holes in 1988.
• Ashton also ran a laboratory comparison check during the 1989 drill program
comparing SGS Assay results for selected drill hole intervals another laboratory,
Minlab using a 50g fire assay. Results were found to be comparable.
• SOG used Field duplicates and laboratory replicates to check repeatability of
results.
• WMC sample checks and laboratory information is not well documented however
the drilling techniques and assay method are appropriate for this style of
mineralisation. Previous Crescent and Metex resource estimates have reviewed
and plotted QQ plots to confirm the tenor of mineralisation is comparable.
• Teck minerals also ran a re-assaying program with comparable results.
• Technomin submitted duplicates as a check on repeatability.
• Metex submitted field duplicates at a rate of 1:50 for RC drilling and also used
laboratory repeats and standards in their quality checks.
• In 1998 along the Chatterbox trend Metex drilled diamond holes to twin
previously drilled Metex RC holes as a check. Results showed similar widths and
grades of mineralisation were intersected by both drilling methods.
• No geophysical tools, spectrometers or handheld XRF instruments were used.
Verification of
sampling and
assaying		 • Historic sampling and assaying have been checked against hard copy WAMEX
reports.
• FML primary data is sent in digital format to the company’s Database
Administrator (DBA) as often as was practicable. The DBA imports the data into
an acQuire database, with assay results merged into the database upon receipt
from the laboratory. Once loaded, data was extracted for verification by the
geologist in charge of the project.
• No adjustments were made to any current or historic data. If data could not be
validated to a reasonable level of certainty it was not used in any resource
estimations.
Location of data
points		 • FML utilises Landgate sourced regional topographic maps and contours as well
as internally produced survey pick-ups produced by the mining survey teams
utilising DGPS base station instruments.
• FML drill collars were surveyed upon completion, using a DGPS instrument. Drill
core was oriented by the drilling contractor using an Ezy-mark system. For RC a
north-seeking gyroscope tool was used to survey down hole. For DDH a
magnetic single shot survey was completed at 30m intervals on advance.
• The majority of Crescent Gold holes were surveyed by Electronic Multi-shot
down hole orgyroscopic survey with collar’s surveyed by site survey personnel.

Market Announcement | Page 15 of 50

Drill core was oriented by the drilling contractor using an Ezy-mark system.
• Hillmin WAMEX reports note the use of registered surveyors to record the drill
hole collars in a local grid.
• Ashton collar survey methods are unknown and reported in local grid.
• SOG holes were surveyed using an Eastman Single Shot camera at the base of
holes over 60m depth.
• WMC holes were collar surveyed by WMC survey staff in a local grid.
• Teck and Technomin do not state their survey methods. Down hole dips are the
planned dip.
• Metex/LEJV holes were surveyed by a consultant survey company. Diamond
core samples were surveyed by Single Shot Eastman camera. Later RC holes
drilled in the JV were gyroscopic down-hole surveyed.
• All coordinates and bearings use the MGA94 Zone 51 grid system.
• Historic holes have been converted to MGA94 Zone 51 grid system in Acquire.
• Historic hole collars were sometimes still visible and re-surveyed to check the
accuracy of the grid conversion. The comparison was considered within
acceptable error limits of using a DGPS unit.
Data spacing and
distribution		 • Drill spacing along the Chatterbox Trend within the deposit areas is nominally on
a grid spacing of 25m x 25m, although at Rumor the grid spacing is closer to
50m x 25m. Apollo within and proximal to the existing open pits has been drilled
down to 12.5m x 12.5m spacing in places. Between deposits spacing increases
to 50m x 25m and 100m x 50m at the extremes.
• West Laverton drill spacing within and immediately surrounding the existing open
pits is tight grid spacing 10m x 10m to 25m x 15m. Further out from the pits it
extends to a more irregular spacing 25m x 30m-60m. Between West Laverton
and Bulldog the drill spacing is irregular, a 350m gap in RC or DD drilling exists
between the West Laverton and Bulldog deposits.
• Gladiator drill spacing within the existing open pits of Gladiator and Murrays is
15m x 25m, extending out along strike of the pits to 15m x 35m – 50m for a
couple of drill lines before becoming a single drill line. Cousin Murray has a 25m
x 25m spaced drill pattern. Gladiator West is more irregular spaced pattern of ~
25m x 25m to 40m x 50m.
• CM/MM trend drill spacing is tightly spaced within pit area’s along known
mineralisation trends. Within the pit area’s drill spacing is 10m x 15m. Near pit
drill spacing extends to an irregular 25m x 20m, which has been infilled down to
12.5m x 10m in certain target areas.
• Between Craigiemore and Mary Mac deposits the drill spacing is irregular. There
is an 80m gap at the end of the known Craigiemore trend before a small 140m
strike of two RC “fence lines” of drilling 25m x 50m spaced. It is then another
90m from the end of the small cluster of RC to the start of the Mary Mac trend
and more regular spaced drilling. A gap of 200m exists between the end of Mary
Mac Hill and the Golden Pinnacles drilling which focuses on two out-crops and
has an irregular drill spacing.
Orientation of
data in relation to
geological
structure		 • Drilling was designed based on known geological models, field mapping, verified
historical data and cross-sectional interpretation.
• Drill holes were oriented at right angles to strike of deposit, with dip optimised for
drill capabilities and the dip of the ore body.
Sample security • All samples were reconciled against the sample submission with any omissions
or variations reported to FML.
• All samples were bagged in a tied numbered calico bag, grouped into green
plastic bags. The bags were placed into bulka bags with a sample submission
sheet and kept within the Laverton yard until ready for transport to Kalgoorlie by
transport courier.
• Historic sample security is not recorded.

Audits or reviews

  • Early Crescent Resource Models were completed by external consultants who undertook data validation as part of the scope of works.

  • • No external audit or review of the Resource Models has been undertaken.

Market Announcement | Page 17 of 50

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section)

Criteria Explanation
Mineral tenement
and land tenure
status
• All exploration was conducted on tenements 100% owned by FML or its subsidiary companies Focus
Operations Pty Ltd and Focus Minerals Laverton. All tenements are in good standing.
• Various royalties may be in place as documented in the FML Annual Report.
• Native title determination for Nyalpa Pirniku was announced on 31 October 2023. The Laverton Gold
Project includes regions that are variously classified in this determination. The Central Laverton
deposits and Mineralised Trends detailed in this report are within regions now classified as: Native
title exists (non exclusive).
• Chatterbox deposits occur across tenements M 38/535 and M 38/101.
• West Laverton deposits are within tenement M 38/345.
•
Adjacent Gladiator deposits occur across tenements M 38/363, M 38/364, M 38/342, E 38/3424.
• CM/MM deposits are within tenement M38/270
Exploration
done by other
parties		 • Various stakeholders over the years have engaged in activities over the deposits including but not
limited to geological mapping, ground magnetic surveys, soil sampling, aeromagnetic surveys,
costean sampling and rock chip sampling.
• Drilling campaigns have been completed over the area by various parties detailed in Section 1.
• Along with RC and DD drilling, Air Core and RAB drilling methods have been used to delineate the
deposits.
• Focus Minerals Laverton successful acquired Crescent Gold in October 2012.
• Along the Chatterbox, in 2004 the JV between Metex Resources and PDAP mined a trial pit at
Apollo (formerly known as Whisper at time of mining) as part of a pre-feasibility study. A figure of
68Kt @ 2.44g/t Au for 5,351 ounces has been recorded. Crescent Gold commenced open cut
mining along the Apollo trend as four discrete pits, separate from the original Whisper pit, from
November 2011 to September 2012. The pits varied from 20m deep to 75m total depth. A total of
1.05Mt @ 1.76g/t Au for 59,500 ounces was mined from the four pits. Eclipse (Garden Well) was
also mined by Crescent during this time to a depth of 60m for a total of 103Kt @ 2.86g/t Au for
9,443 ounces.
• All three deposits along the West Laverton trend have been historically mined as discrete open pits
by Ashton Gold in the early 1990’s, with West Laverton the largest. West Laverton was excavated
from December 1990 through to May 1992. A reported 116Kt @ 3.15g/t Au for 11,791 ounces was
mined from the pit. The final pit reached a depth of 61m. Whilst mining West Laverton, Rega Pit
was mined by Ashton from November 1991 until May 1992. A total of 120Kt @ 3.53g/t Au for
13,709 ounces was extracted. The final pit depth was 62.5m. Bulldog was also mined during this
period producing 158Kt @ 2.15g/t Au for 10,940 ounces. The final pit reached a depth of 50m. In
November 2010 Crescent Gold commence pre-strip waste mining in the 230m long region between
West Laverton and Rega open pits. A 247-drill hole campaign of 10m x 10m grid shallow RC grade
control was conducted in the region prior to waste mining commencing. In December 2010, trial of
mining mineralised waste for two benches was conducted to test the proposed mining methods to
account for the shallow dip of the mineralisation. A reported 9Kt @ 0.57g/t Au of mineralised waste
was excavated and stockpiled. No further mining was conducted at West Laverton.
• Gladiator open pit was mined as a North and South pit by Ashton from Sept 1990 through until
February 1992 to a depth of 72.5m. Milling data reports 409Kt @ 2.49g/t Au for 32,771 ounces was
processed from both pits. Nearby Murrays open pit was also mined by Ashton from January 1991
to May 1992 for a final depth of 35m. Milling data for Murrays reported 144Kt @ 1.94g/t Au for
8,967 ounces processed. A historic underground mine also known as Gladiator (at the southern
extent of Gladiator West) was actively mined between 1897 and 1942 when WW2 impacted mining.
It was reportedly mined to about 200m vertically with a strike length of ~ 200m producing 139Kt @
12g/t Au for 53,600 ounces.
• The Craigiemore deposit has been historically mined as underground drives and shafts in the early
1900’s through to the late 1930’s, with a recorded production of 135Kt @ 9.60g/t Au for 41,774
ounces. Minor open cut mining occurred by a private entity in the late 1970’s to early 1980’s with a
recorded production of 4Kt @ 1.84g/t Au for 240 ounces. In 1988 Hillmin commenced mining
Craigiemore by open cut methods until 1993producing 592Kt@ 2.13g/t Au for 38,000 ounces.
Criteria Explanation
Crescent Gold recommenced open cut mining at Craigiemore in June 2010 through until July 2011.
An unreconciled mining production of 619Kt @ 1.67g/t Au for 33,178 ounces was recorded in the
Crescent mining database.
• The Mary Mac deposit was historically mined in the early 1900’s by underground drives and shafts
mostly from 1909 until 1913, a figure of 42Kt @ 9.21g/t Au for 12,440 ounces has been reported. In
August 2010, Crescent commenced open cut mining at Mary Mac South (MMS) until April 2011,
reportedly mining 692Kt @ 1.26g/t Au for 28,034 ounces. Whilst still mining MMS, open pit
excavation of Mary Mac Hill (MMH) to the North of MMS commenced in February 2011. Mining
open pit continued until July 2012, reportedly 494Kt @ 1.84g/t Au for 29,230 ounces was open cut
excavated from MMH.
• Numerous historical shafts exist on the Golden Pinnacles deposit, production figures are unknown.
Geology • Regionally the deposits are part of the Laverton Greenstone Belt in the Eastern Yilgarn Craton. Lying
within the Kurnalpi Terrane which is dominated by andesitic volcanics with erosional remnants of
siliclastic sequences, the deposits are located on N to NE striking shear zones between the Mt
Margaret Dome in northwest and the Kirgella Dome in the southeast.
• Locally the Chatterbox Trend of deposits is hosted by a large-scale structural feature of the region –
the Chatterbox Shear Zone, from which its name is derived. This moderately ESE dipping
ductile/brittle fault zone separates the Laverton Lithostructural domains from the Mount Margaret
Lithostructural domains. Rock units within the deposit areas are strongly altered and sheared
sediments and metasediment rocks, felsic intrusives and ultramafics to the east, in the footwall.
Mineralisation is commonly associated with increased goethite/manganese/hematite alteration or the
intrusions.
• The West Laverton deposits consists of two north-south trending banded iron formation (BIF) ridges
within a sequence of mafic and ultramafic volcanic and intrusive rocks with interflow sediments. The
Laverton Shear Zone, a major north-south trending shear that delineates the western boundary of the
Laverton Tectonic Zone, is interpreted as extending through the West Laverton trend from Rega in
the North to Bulldog in the south. The footwall of the shear is dominated by a dolerite. The hanging
wall comprises basalt. Gold mineralisation is associated with the shear zone overprinting an
ultramafic gabbro. West Laverton mineralisation is generally associated within dilational jogs along
the shear zone and shallowly dipping quartz veins. Rega mineralisation is interpreted as hosted
within two shear zones within massive mafic and pillow basalt units. Bulldog mineralisation is hosted
within ductile shear zones with quartz veining.
• Gladiator Underground and Murrays deposits are closely related to a bending NNE, SW to NNW
striking, east dipping banded iron formation (BIF). Mineralisation is associated with quartz reefs
parallel to the BIF and dips in multiple directions. The stratigraphy is dominated by a basalt unit on
the west and gabbroic units of varying compositional and granulometry on the east with felsic
porphyry units intruding sporadically. Gladiator West sits on the basaltic footwall of Gladiator
Underground. Cousin Murray is within the gabbroic hanging wall of Murrays Open Pit and is striking
NW, mineralization is associated with silica-sericite alteration. Gladiator Open pit mineralization is
associated with quartz feldspar porphyry intrusives. Geology is dominated by basalt with a corridor of
dolerite and a felsic tuff on the SW side of the pit and a NE striking BIF on the NE side of the pit. The
Central BIF between Cousin Murray and Gladiator South and the NE BIF on the NE of Gladiator
South hold mineralization.
•
The CM/MM trend is hosted in a meta-sedimentary/ mafic volcanic package of rocks that has been
highly deformed through late stage folding and faulting. A central steeply dipping Banded Iron
Formation (BIF) unit has been associated with the gold mineralisation. Gold commonly occurring
within the quartz veining and disseminated pyrite of the silicified chert horizons of the BIF. Evidence
of a supergene enrichment zone near the vicinity of the water table was noted during mining by
Crescent. The BIF horizon strikes north south and has been traced northwards to Laverton townsite,
approximately 4km away.
Drill hole
Information		 Chatterbox:
Historic drilling information has been validated against publicly available WAMEX reports. Not all drill
_holes can be found referenced in the WAMEX reports. However, cross-checking of original drill surveys _

Market Announcement | Page 19 of 50

Criteria Explanation Explanation
was verified against the database. WAMEX
Report
Date
Jun-89
Feb-92
Mar-98
Mar-99
Feb-02
Company Drill Hole Number WAMEX
Report
A-
Number		 WAMEX
Report
Date
WMC GDWC009, GDWC010, GDWC012, GDWC013, GDWC014, GDWC030,
GDWC031, GDWC034, GDWC035, GDWC037, GDWC038, GDWC048,
GDWC049,GDWC052,GDWC053,GDWC056,GDWC057,GDWC058		 31396 Jun-89
GDWC086, GDWC091, GDWC093, GDWC094, GDWC100, GDWC101,
GDWC102, GDWC103, GDWC105, GDWC106, GDWC107, GDWC109,
GDWC110, GDWC111, GDWC113, GDWC114, GDWC115, GDWC125,
GDWC121, GDWC122, GDWC123, GDWC126, GDWC127, GDWC128,
GDWC130, GDWC131, GDWC132, GDWC133, GDWC134, GDWC135,
GDWC136, GDWC137, GDWC138, GDWC139, GDWC140, GDWC145,
GDWC146,GDWC147		 35126 Feb-92
METEX
RESOURCES		 GWD001_W, GWD002_W, GWRC004, GWRC005, GWRC007, GWRC008,
GWRC009, GWRC010, GWRC015, GWRC018, GWRC019, GWRC020,
GWRC021, GWRC025, GWRC026, GWRC027, GWRC028, GWRC029,
GWRC031, GWRC032, GWRC033, GWRC034, GWRC035, GWRC036,
GWRC037, GWRC038, GWRC039, GWRC040, GWRC041, GWRC042,
GWRC043, GWRC045, GWRC046, GWRC047, GWRC048, GWRC049,
GWRC050, GWRC051, GWRC052, GWRC055, GWRC056, GWRC057,
GWRC058, GWRC059, GWRC060, GWRC061, GWRC062, GWRC063,
GWRC064, GWRC065, GWRC066, GWRC067, GWRC068, GWRC069,
GWRC070, GWRC072, GWRC074, GWRC075, GWRC076, GWRC077,
GWRC078, GWRC079, GWRC080, GWRC081, GWRC082, GWRC084,
GWRC085, GWRC087, GWRC088, GWRC089, GWRC090, GWRC092,
GWRC093, GWRC094, GWRC095, GWRC097, GWRC099, GWRC100,
GWRC101, GWRC102, GWRC103, GWRC104, GWRC105, GWRC106,
GWRC107		 54899 Mar-98
GWD004_W, GWD005_W, GWD006_W, GWD007_W, GWD008_W,
GWD009_W, GWD010_W, GWD011_W, GWD012_W, GWD013_W,
GWD014_W, GWD015_W, GWD016_W, GWD017_W, GWD018_W,
GWD019, GWRC108, GWRC109, GWRC110, GWRC111, GWRC113,
GWRC114, GWRC117, GWRC120, GWRC121, GWRC122, GWRC124,
GWRC125, GWRC126, GWRC127, GWRC128, GWRC129, GWRC132,
GWRC133, GWRC137, GWRC138, GWRC140, GWRC141, GWRC142,
GWRC143, GWRC145, GWRC146, GWRC147, GWRC148, GWRC149,
GWRC150, GWRC151, GWRC152, GWRC153, GWRC154, GWRC155,
GWRC157, GWRC158, GWRC159, GWRC160, GWRC161, GWRC163,
GWRC164, GWRC165, GWRC166, GWRC167, GWRC168, GWRC170,
GWRC171, GWRC173, GWRC174, GWRC175, GWRC176, GWRC177,
GWRC178, GWRC179, GWRC180, GWRC185, GWRC186, GWRC187,
GWRC189, GWRC190, GWRC191, GWRC192, GWRC193, GWRC194,
GWRC195, GWRC196, GWRC197, GWRC198, GWRC199, GWRC200,
GWRC201, GWRC202, GWRC204, GWRC205, GWRC207, GWRC210,
GWRC211, GWRC212, GWRC213, GWRC217, GWRC218, GWRC219,
GWRC220, GWRC221, GWRC223, GWRC225, GWRC226, GWRC227,
GWRC229, GWRC230, GWRC231, GWRC232, GWRC233, GWRC234,
GWRC236, GWRC237, GWRC239, GWRC240, GWRC241, GWRC242,
GWRC243, GWRC244, GWRC245, GWRC246, GWRC247, GWRC248,
GWRC249, GWRC250, GWRC251, GWRC252, GWRC253, GWRC254,
GWRC255, GWRC256, GWRC257, GWRC258, GWRC259, GWRC260,
GWRC261, GWRC263, GWRC264, GWRC266, GWRC267, GWRC268,
GWRC269, GWRC270, GWRC271, GWRC272, GWRC273, GWRC277,
GWRC281, GWRC282, GWRC283, GWRC285, GWRC286, GWRC289,
GWRC290, GWRC291, GWRC292, GWRC293, GWRC294, GWRC295,
GWRC296, GWRC297, GWRC298, GWRC299, GWRC300, GWRC301,
GWRC302, GWRC303, GWRC304, GWRC305, GWRC306, GWRC307,
GWRC308, GWRC309, GWRC310, GWRC311, GWRC313, GWRC314,
GWRC315, GWRC316, GWRC317, GWRC318, GWRC320, GWRC321,
GWRC322, GWRC323, GWRC324, GWRC325, GWRC326, GWRC329,
GWRC330, GWRC331, GWRC332, GWRC333, GWRC334, GWRC335,
GWRC336, GWRC338, GWRC340, GWRC341, RFRC002, RFRC005, RFRC006,
RFRC008,RFRC009,RFRC010,RFRC011		 57921 Mar-99
GWD023, GWD024 65027 Feb-02
Criteria Explanation Explanation Explanation Explanation Explanation Explanation Explanation
GWD025, GWD027, GWD028, GWD030, GWD031, GWD032, GWRC410,
GWRC411		 66477 May-03
GWD035 68953 Mar-04
METEX /
AURION
GOLD		 GWRC348, GWRC349, GWRC350, GWRC352, GWRC355, GWRC356,
GWRC357, GWRC358, GWRC359, GWRC360, GWRC361, GWRC362,
GWRC363, GWRC364, GWRC365, GWRC366, GWRC367, GWRC368,
GWRC369, GWRC370, GWRC371, GWRC372, GWRC373, GWRC374,
GWRC375, GWRC376, GWRC378, GWRC379, GWRC380, GWRC381,
GWRC383, GWRC384, GWRC385, GWRC386, GWRC387, GWRC388,
GWRC389, GWRC391, GWRC392, GWRC393, GWRC394, GWRC395,
GWRC397, GWRC398, GWRC399, GWRC400, GWRC401, GWRC403,
GWRC404,GWRC405,GWRC406		 65027 Feb-02
GWRC420, GWRC421, GWRC422, GWRC423, GWRC424, GWRC425,
GWRC426, GWRC427, GWRC428, GWRC429, GWRC430, GWRC431,
GWRC432, GWRC433, GWRC434, GWRC435, GWRC436, GWRC437,
GWRC438,GWRC439		 68953 Jul-04
CRESCENT
GOLD		 WHDD001, WHDD002, WHDD003, WHDD004, GWRC468, GWRC469,
GWRC470, GWRC471, GWRC472, GWRC475, GWRC476, INRC005, INRC006,
INRC007, INRC008, INRC009, INRC010, INRC011, INRC013, INRC015,
INRC016, INRC017, INRC018, INRC021, INRC022, INRC023, INRC024,
INRC025, INRC026, INRC027, INRC028, INRC029, INRC030, INRC031,
INRC032, INRC033, INRC034, INRC035, INRC036, INRC037, INRC040,
INRC041, INRC042, INRC043, INRC044, INRC046, INRC048, INRC049,
INRC053, INRC054, WHRC018, WHRC019, WHRC020, WHRC022, WHRC023,
WHRC024, WHRC025, WHRC026, WHRC027, WHRC028, WHRC029,
WHRC030, WHRC031, WHRC032, WHRC033, WHRC034, WHRC035,
WHRC036, WHRC037, WHRC038, WHRC039, WHRC040, WHRC041,
WHRC042, WHRC043, WHRC044, WHRC045, WHRC046, WHRC047,
WHRC048, WHRC049, WHRC050, WHRC051, WHRC052, WHRC053,
WHRC054, WHRC055, WHRC056, WHRC059, WHRC060, WHRC061,
WHRC062, WHRC063, WHRC064, WHRC065, WHRC066, WHRC067,
WHRC068, WHRC069, WHRC070, WHRC071, WHRC072, WHRC073,
WHRC074, WHRC075, WHRC076, WHRC077, WHRC078, WHRC079,
WHRC080, WHRC081, WHRC082, WHRC083, WHRC085, WHRC086,
WHRC087, WHRC088, WHRC090, WHRC091, WHRC092, WHRC093,
WHRC094, WHRC095, WHRC096, WHRC098, WHRC100, WHRC101,
WHRC102, WHRC103, WHRC104, WHRC105, WHRC106, WHRC107,
WHRC109, WHRC110, WHRC111, WHRC113, WHRC114, WHRC117,
WHRC118, WHRC119, WHRC120, WHRC121, WHRC122, WHRC123,
WHRC124,WHRC125,WHRC126		 90143 Apr-11
APDD004, APDD005, AUDD001, AUDD002, AUDD003, AUDD004, AUDD005,
ECDD001, ECDD002, ECDD003, INDD001, INDD002, APRC001, APRC002,
APRC003, APRC004, APRC005, APRC006, APRC007, APRC008, APRC009,
APRC010, APRC011, APRC012, APRC013, APRC014, APRC015, APRC016,
APRC017, APRC019, APRC020, APRC021, APRC023, APRC024, APRC025,
APRC026, APRC027, APRC028, APRC029, APRC030, APRC031, APRC032,
APRC033, APRC034, APRC035, APRC036, APRC037, APRC038, APRC039,
APRC040, APRC041, APRC042, APRC043, APRC044, APRC045, APRC046,
APRC047, APRC048, APRC049, APRC050, APRC051, APRC052, APRC053,
APRC054, APRC055, APRC056, APRC057, APRC058, APRC059, APRC060,
APRC061, APRC062, APRC063, APRC064, APRC065, APRC066, APRC067,
APRC068, APRC069, APRC070, APRC071, APRC072, APRC072A, APRC080,
APRC081, APRC085, APRC086, APRC096, APRC097, APRC098, APRC100,
APRC101, APRC102, APRC103, APRC104, APRC105, APRC106, APRC107,
APRC108, APRC109, APRC110, APRC111, APRC113, APRC114, APRC115,
APRC116, APRC118, APRC120, APRC121, APRC122, APRC123, APRC125,
APRC126, APRC127, APRC128, APRC129, APRC130, APRC131, APRC132,
APRC133, APRC134, APRC135, APRC136, APRC137, APRC138, APRC139,
APRC140, APRC142, APRC144, APRC145, APRC146, APRC147, APRC148,
APRC149, APRC150, APRC151, APRC152, APRC153, APRC154, ECRC001,
ECRC002, ECRC003, ECRC004, ECRC005, ECRC006, ECRC007, ECRC009,
ECRC013, ECRC014, ECRC015, ECRC016, ECRC017, ECRC018, ECRC019,
ECRC020,ECRC021,ECRC022		 93988 Jun-12
ECRC024, EMRC001 98404 Jun-13
Chatterbox collar details of holes not previously externally reported:
COMPANY
BHID
EAST
NORTH
RL
AZIMUTH
COMPANY BHID EAST NORTH RL AZIMUTH DIP DEPTH

Market Announcement | Page 21 of 50

Criteria Explanation Explanation
FOCUS
GWRC478
433639.44
6830109.6
441.61
262.6
-60
152
METEX

GWRC001
434067.78
6831338.3
440.77
270
-60
20
GWRC002
434137.79
6831338.3
442.8
270
-60
90
GWRC003
434157.79
6831338.3
442.8
270
-60
96
GWRC006
434087.79
6831378.3
441.82
270
-60
30
METEX /
PDAP

GWRC450
433637.55
6830432.5
438.18
270
-60
60
GWRC451
433668.63
6830482.5
437.8
270
-60
60
GWRC452
433638.63
6830483.3
437.59
90
-60
60
GWRC453
433697.76
6830833.2
434.8
270
-60
65
GWRC454
433709.15
6830833.3
434.88
270
-60
69
GWRC455
433721.06
6830832.8
434.94
270
-60
80
GWRC456
433697.49
6830858.3
434.12
270
-60
65
GWRC457
433709.94
6830858
434.39
270
-60
70
GWRC458
433721.67
6830858.1
434.4
270
-60
80
GWRC459
433662.87
6830858
434.05
90
-60
65
GWRC460
433697.56
6830883.5
434.19
270
-60
65
GWRC461
433709.58
6830882.9
434
270
-60
75
GWRC462
433693.32
6830908.2
434.33
270
-60
60
GWRC463
433702.43
6830908.3
434.35
270
-60
70
GWRC464
433647.76
6830908.2
434.13
270
-60
50
Chatterbox RC Grade control holes drilled by Crescent / FML remaining beneath the current pit floors are
tabulated below:
BHID
EAST
NORTH
RL
AZIMUTH
DIP
DEPTH
AP410101
433722.71
6831508.7
435.34
270
-60
18
AP410102
433712.81
6831507.5
435.27
270
-60
12
AP410105
433743.4
6831522.6
435.68
270
-60
36
AP410106
433735.37
6831522.6
435.58
270
-60
24
AP410107
433727.38
6831522.7
435.51
270
-60
24
AP410108
433718.52
6831522.4
435.43
270
-60
21
AP410109
433709.16
6831522.6
435.28
270
-60
15
AP410110
433758.02
6831532.8
435.35
270
-60
30
AP410111
433749.71
6831533
435.71
270
-60
30
AP410113
433733.59
6831532.9
435.55
270
-60
30
AP410114
433717.84
6831532.9
435.34
270
-60
24
AP410115
433761.75
6831545.4
435.85
270
-60
27
AP410116
433754.12
6831545.4
435.78
270
-60
27
AP410118
433737.73
6831545.5
435.54
270
-60
30
AP410119
433729.6
6831545.6
435.46
270
-60
30
AP410120
433721.26
6831545.7
435.44
270
-60
24
AP410121
433745.44
6831559.1
435.65
270
-60
36
AP410122
433727.25
6831556.8
435.47
270
-60
30
AP410123
433701.15
6831557.4
435.14
270
-60
18
AP410124
433693.1
6831557.4
435.11
270
-60
18
AP410128
433735.04
6831569.5
435.65
270
-60
30
AP410129
433726.72
6831569.5
435.48
270
-60
30
AP410132
433748.39
6831583.5
435.78
270
-60
24
AP410134
433720.18
6831583.4
435.33
270
-60
24
AP410136
433691.92
6831509.6
435.04
270
-90
10
AP410138
433696.29
6831522.4
435.15
0
-90
10
AP410140
433680.43
6831522.5
434.98
0
-90
10
AP410149
433688.77
6831545.8
435.05
0
-90
10
AP410163
433746.96
6831596.2
435.82
0
-90
12
AP410164
433739.47
6831595.5
435.7
0
-90
12
AP410165
433731.62
6831595.3
435.56
0
-90
15
AP410166
433723.63
6831595.5
435.56
0
-90
15
AP410169
433699.82
6831595.5
435.14
0
-90
12
AP410172
433744.17
6831608.4
435.68
0
-90
10
AP410173
433729.85
6831608.1
435.56
0
-90
10
AP410174
433720.32
6831608.1
435.43
0
-90
10
AP410175
433704.95
6831608.3
435.21
0
-90
10		 FOCUS GWRC478 433639.44 6830109.6 441.61 262.6 -60 152
METEX
 GWRC001 434067.78 6831338.3 440.77 270 -60 20
GWRC002 434137.79 6831338.3 442.8 270 -60 90
GWRC003 434157.79 6831338.3 442.8 270 -60 96
GWRC006 434087.79 6831378.3 441.82 270 -60 30
METEX /
PDAP
 GWRC450 433637.55 6830432.5 438.18 270 -60 60
GWRC451 433668.63 6830482.5 437.8 270 -60 60
GWRC452 433638.63 6830483.3 437.59 90 -60 60
GWRC453 433697.76 6830833.2 434.8 270 -60 65
GWRC454 433709.15 6830833.3 434.88 270 -60 69
GWRC455 433721.06 6830832.8 434.94 270 -60 80
GWRC456 433697.49 6830858.3 434.12 270 -60 65
GWRC457 433709.94 6830858 434.39 270 -60 70
GWRC458 433721.67 6830858.1 434.4 270 -60 80
GWRC459 433662.87 6830858 434.05 90 -60 65
GWRC460 433697.56 6830883.5 434.19 270 -60 65
GWRC461 433709.58 6830882.9 434 270 -60 75
GWRC462 433693.32 6830908.2 434.33 270 -60 60
GWRC463 433702.43 6830908.3 434.35 270 -60 70
GWRC464 433647.76 6830908.2 434.13 270 -60 50
Criteria Explanation Explanation
AP410177 433731.21 6831620.8 435.61 0 -90 10
AP410180 433706.91 6831620.3 435.27 0 -90 10
AP410188 433699.02 6831645.6 435.14 0 -90 10
AP410191 433731.51 6831527.7 435.48 270 -60 18
AP410192 433739.35 6831527.7 435.56 270 -60 21
AP410193 433746.95 6831527.7 435.34 270 -60 25
AP410195 433762.97 6831527.4 435.62 270 -60 25
AP410196 433770.89 6831527.6 435.93 270 -60 25
AP410202 433754.61 6831539 435.7 270 -60 25
AP410203 433762.33 6831538.8 435.52 270 -60 25
AP410204 433770.56 6831538.8 435.96 270 -60 25
AP410208 433739.35 6831551.3 435.47 270 -60 25
AP410209 433747.52 6831551.1 435.71 270 -60 25
AP410210 433755.26 6831551.1 435.6 270 -60 25
AP410214 433749.82 6831557.1 435.73 270 -60 25
AP410216 433723.68 6831562.9 435.36 270 -60 21
AP410217 433731.58 6831562.8 435.36 270 -60 25
AP410218 433739.69 6831563 435.54 270 -60 25
AP410226 433702.89 6831627 435.14 0 -90 6
AP410229 433727.77 6831626.9 435.52 0 -90 6
AP410232 433717.14 6831614.2 435.36 0 -90 6
AP410234 433732.44 6831614.3 435.59 0 -90 6
AP410236 433701.39 6831602 435.18 0 -90 6
AP410237 433717.02 6831602.1 435.4 0 -90 6
AP410238 433725.34 6831602.5 435.44 0 -90 10
AP410240 433740.75 6831602.1 435.67 0 -90 10
AP410244 433679.38 6831589.5 434.72 0 -90 7
AP410250 433727.8 6831589.5 435.15 0 -90 10
AP410251 433735.54 6831589.4 435.21 0 -90 10
AP410252 433743.01 6831589.4 435.38 0 -90 10
AP410261 433676.81 6831516 434.75 0 -90 6
AP410263 433691.52 6831515.8 434.82 0 -90 6
AP410437 433635.65 6830443.1 437.86 289 -50 41
AP410443 433652.62 6830463.4 437.77 290 -50 45
AP410457 433652.94 6830504.7 437.1 279.6 -60 35
AP410462 433675.25 6830512.9 437.19 280 -50 48
AP410464 433670.05 6830527.5 437.03 280 -50 36
AP410465 433680.36 6830524.5 437.19 279.6 -50 45
AP410467 433670.33 6830540.2 436.91 280 -50 29
AP410468 433677.38 6830540 437.09 279.6 -50 36
AP410469 433683.14 6830539.6 437.03 279.6 -50 44
AP410471 433685.75 6830550.6 436.93 280 -50 48
AP410476 433692.86 6830561.8 436.81 279.6 -50 46
AP410481 433697.57 6830572.9 436.76 280 -50 48
AP410485 433695.69 6830585.8 436.67 280 -50 45
AP410503 433225.77 6829388.3 439.65 290 -50 48
AP410504 433233.79 6829385.4 439.78 290 -50 54
AP410505 433226.18 6829401.3 439.64 290 -50 36
AP410506 433233.92 6829398.3 439.67 290 -50 46
AP410507 433248.01 6829393.3 439.74 289.6 -50 60
AP410510 433241.1 6829409.3 439.54 290 -50 48
AP410511 433248.92 6829406.5 439.59 290 -50 54
AP410515 433256.38 6829416.6 439.38 290 -50 54
AP410516 433264.53 6829413.6 439.54 290 -50 60
AP410520 433256.77 6829430.6 439.38 289.6 -50 46
AP410523 433258.43 6829442.8 439.15 289.6 -50 40.19
AP410524 433265.68 6829440.4 439.33 289.6 -50 43
AP410526 433258.78 6829456.2 439.01 289.6 -50 36
AP410527 433265.88 6829453.8 439.11 289.6 -50 39
AP410528 433269.61 6829452.1 439.19 289.6 -60.1 42
AP410531 433274.19 6829464.1 439.01 289.6 -50 42
AP410533 433271.96 6829478 438.9 289.6 -60 35
AP410536 433282.85 6829487.3 438.84 289.6 -50 36
AP410537 433289.28 6829484.9 438.93 289.6 -50 44
AP410538 433281.03 6829500 438.99 289.34 -60.29 36.33
AP420105 433655.87 6830520.8 419.77 270 -60 24

Market Announcement | Page 23 of 50

Criteria Explanation Explanation
AP420106 433664.68 6830520.6 419.51 270 -60 36
AP420107 433672.83 6830520.6 419.81 270 -60 36
AP420108 433680.46 6830520.2 419.93 270 -60 36
AP420110 433657.7 6830508.1 419.57 270 -60 36
AP420111 433669.66 6830508.1 419.81 270 -60 48
AP420113 433696.79 6830505.9 422.24 270 -60 54
AP420115 433680.9 6830495.7 422.38 270 -60 42
AP420116 433685.85 6830495.3 422.3 270 -60 42
AP420117 433692.98 6830495.3 422.28 270 -60 48
AP420118 433701.53 6830495.2 422.42 270 -60 48
AP420119 433646.22 6830482.9 422.37 270 -60 36
AP420120 433679.61 6830482.7 422.38 270 -60 42
AP420121 433688.03 6830482.5 422.35 270 -60 48
AP420122 433646.91 6830470.9 422.49 270 -60 36
AP420124 433680.03 6830470.6 422.47 270 -60 48
AP420125 433687.7 6830470.4 422.45 270 -60 48
AP420126 433651.67 6830458.1 422.39 270 -60 48
AP420130 433665.79 6830445.8 422.7 270 -60 48
AP420131 433672.9 6830445.6 422.68 270 -60 48
APC420002 433713.91 6830989.1 419.5 280 -55 21
APC420003 433723.22 6830987.5 419.72 280 -55 28
APC420004 433758.45 6830979.8 419.57 280 -60 19
APC420007 433722.82 6830974.2 419.9 280 -50 29
APC420008 433730.42 6830973.2 420.05 280 -50 38
APC420015 433684.96 6830968.6 419.71 280 -70 25
APC420017 433699.91 6830966.4 419.77 280 -70 27
APC420018 433707.84 6830965 419.79 280 -65 29
APC420019 433719.69 6830963 420.01 280 -60 30
APC420020 433738.04 6830959.4 420 277.2 -59.7 46
APC420022 433766.5 6830953.9 420.42 280 -65 30
APC420023 433652.99 6830962.5 419.52 0 -90 25
APC420026 433718.69 6830950.1 419.96 280 -50 39
APC420027 433726.45 6830948.7 420 272.9 -49 41
APC420028 433735.17 6830947.3 419.91 272 -49 44
APC420029 433743.12 6830945.8 419.9 268.8 -49.4 47
APC420030 433750.13 6830944.5 419.9 270.5 -50 52
APC420034 433644.2 6830951.7 419.77 0 -90 31
APC420035 433651.72 6830949.7 419.55 0 -90 34
APC420036 433659.98 6830947.8 419.71 0 -90 34
APC420037 433667.23 6830946.5 419.77 0 -90 34
APC420038 433676.9 6830944.4 419.75 280 -80 34
APC420039 433686.93 6830942.9 419.84 280 -70 35
APC420040 433698.12 6830940.6 419.7 280 -60 38
APC420041 433706.89 6830939.1 419.96 280 -60 39
APC420042 433720.43 6830936.5 420.02 270 -60 44
APC420043 433733.22 6830934.7 419.96 270 -60 48
APC420046 433659.4 6830935.5 419.61 270 -60 38
APC420047 433670.49 6830932.9 420.04 270 -60 41
APC420048 433682.73 6830930.3 420.21 270 -60 43
APC420051 433714.38 6830925.5 420.09 270 -50 49
APC420052 433721.11 6830924.1 420.09 270 -50 53
APC420053 433730.41 6830922.4 420.26 270 -50 56
APC420054 433736.89 6830921.4 420.27 270 -50 53
APC420056 433754.7 6830918.5 421.08 270 -50 58
APC420057 433762.68 6830916.9 420.93 270 -50 65
APC420059 433657.92 6830922.9 419.85 270 -60 37
APC420060 433665.2 6830921.9 419.97 270 -60 39
APC420061 433672.53 6830920.7 419.66 270 -60 40
APC420062 433680.32 6830919.1 419.8 270 -60 42
APC420063 433695.61 6830915.5 420.57 270 -60 43
APC420065 433711.92 6830913.2 419.96 270 -60 43
APC420066 433737.42 6830908.1 419.89 270 -60 51
APC420071 433718.29 6830904.1 419.84 250 -55 48
APC420072 433732.66 6830902.9 419.64 250 -50 57
APC420073 433745.12 6830894.7 420.11 270 -50 60
APC420074 433756.69 6830892.4 420.03 270 -50 61
Criteria Explanation Explanation
APC420076 433645.54 6830900.3 419.87 270 -65 31
APC420077 433655.88 6830899.2 419.78 270 -65 34
APC420078 433664.92 6830897 419.77 270 -65 38
APC420079 433675.87 6830895.1 419.77 270 -64 41
APC420080 433695.74 6830890.7 419.78 270 -60 50
APC420081 433705.15 6830889.5 419.88 270 -60 54
APC420082 433723.98 6830885.5 419.98 270 -60 56
APC420083 433737.48 6830883.5 420.08 270 -60 52
APC420084 433745.61 6830881.9 420 270 -60 55
APC420087 433673.03 6830882.3 419.28 270 -60 38
APC420088 433682.02 6830880.9 419.33 270 -60 42
APC420090 433730.83 6830871.9 420.18 270 -60 57
APC420091 433740.88 6830870.1 419.98 270 -60 59
APC420094 433767.85 6830865.1 419.84 270 -60 41
APC420098 433703.73 6830863.7 419.79 280 -60 51
APC420100 433721.91 6830860.6 420.13 270 -60 58
APC420101 433735.59 6830857.8 420.36 270 -60 65
APC420104 433735.23 6830845.7 420.25 270 -60 68
APC420107 433761.81 6830840.9 420.2 280 -60 40
APC420111 433695.02 6830838.8 420 280 -50 52
APC420112 433702.88 6830837.5 420.02 280 -50 59
APC420113 433710.41 6830836.3 420.08 280 -50 66
APC420114 433718.57 6830834.6 420.18 279 -50 72
APC420115 433724.04 6830834.1 420.19 280 -60 67
APC420120 433761.28 6830762.1 420.13 280 -55 56
APC420122 433702 6830695.9 419.94 280 -50 17
APC420123 433698.83 6830687.9 419.74 280 -50 23
APC425001 433714.29 6830684.5 424.64 280 -50 38
APC425003 433723.73 6830695.4 424.92 280 -50 40
APC425004 433733.63 6830693.1 425.11 280 -50 36
APC425007 433736.03 6830705.2 424.91 280 -60 44
APC425012 433738.62 6830717.6 424.84 280 -50 44
APC425013 433746.09 6830716.5 424.8 280 -50 51
APC425014 433754.51 6830714.8 424.92 280 -50 58
APC425018 433736.12 6830731.2 424.95 280 -60 43
APC425019 433747.12 6830729.2 424.97 280 -60 50
APC425027 433759.23 6830739.5 425.18 280 -50 57
APC425042 433691.41 6830790.5 424.88 280 -50 38
APC425043A 433699.26 6830788.4 424.97 280 -60 42
APC425051 433708.62 6830799.6 424.85 280 -50 53
APC425062 433701.86 6830813.2 424.86 280 -50 62
APC425063 433709.96 6830811.8 424.85 280 -50 63
APC425064 433726.01 6830809.3 425.05 280 -50 74
APC425071 433708.14 6830824.8 425.07 280 -60 62
APC425072 433711.17 6830823.9 424.77 280 -70 65
APC425079 433771.99 6830813.9 424.77 280 -50 46
APD410103 433521.59 6830120.5 409.88 270 -60 42
APD410104 433529.04 6830120.5 409.99 270 -60 42
APD410106 433519.9 6830107.9 409.87 270 -60 42
APD410107 433527.04 6830107.9 409.89 270 -60 42
APD410111 433521.6 6830095.6 409.63 270 -60 48
APD410112 433528.93 6830095.4 409.7 270 -60 54
APD410114 433524.69 6830082.9 409.78 270 -60 60
APD410115 433532.41 6830082.8 409.87 270 -60 66
APD410118 433526.02 6830070.3 409.9 270 -60 66
APD410119 433533.17 6830070.4 410.1 270 -60 73
APD410122 433525.55 6830058 410.19 270 -60 66
APD410123 433540.58 6830058.1 410.23 270 -60 66
APD410127 433513 6830045.5 410 270 -60 60
APD410128 433529.91 6830045.4 409.96 270 -60 72
APD410133 433522.62 6830032.9 410.09 270 -60 66
APD410139 433512.63 6830020.5 410.05 270 -60 60
APD410140 433519.79 6830020.4 410 270 -60 60
APD410141 433526.81 6830020.5 410.12 270 -60 60
APD410144 433501.74 6830008.1 409.56 270 -60 60
APD410147 433486.61 6829995.5 409.81 270 -60 48

Market Announcement | Page 25 of 50

Criteria Explanation Explanation
APD410148 433501.15 6829995.5 409.9 270 -60 60
APD410149 433509.59 6829995.4 409.98 270 -60 60
APD410151 433499.14 6829983.2 409.9 270 -60 60
APD410152 433507.69 6829983.3 410.02 270 -60 60
APD410154 433475.86 6829970.5 409.98 270 -60 30
APD410155 433483.81 6829970.5 410.05 270 -60 36
APD410156 433491.67 6829970.5 410.14 270 -60 36
APD410157 433499.62 6829970.5 410.01 270 -60 45
APD415101 433669.13 6830530.4 415.17 270 -60 30
APD415102 433678.86 6830508.2 414.76 270 -59.1 50
APD415103 433654.18 6830495.3 414.83 270 -60 30
APD415106 433631.7 6830483 414.9 270 -60 18
APD415107 433697.18 6830482.9 414.82 270 -60.9 48
APD415108 433691.38 6830470.2 414.92 270 -59 42
APD415109 433678.14 6830458 414.73 270 -58.7 42
APD415111 433675.76 6830445.7 414.72 270 -58.7 42
APD415113 433654.94 6830433.2 414.94 270 -60 36
APD415116 433647.99 6830420.5 414.82 270 -60 36
APD415117 433656.14 6830420.5 414.9 270 -57.3 42
APD415118 433664.07 6830420.4 414.91 270 -59.1 54
APD415120 433607.05 6830408 414.82 270 -60 24
APD415121 433622.95 6830408 414.54 270 -60 36
APD415123 433651.61 6830407.9 414.66 270 -60 60
APD415124 433666.93 6830407.8 415.07 270 -60 60
APD415125 433681.44 6830407.9 414.92 270 -60 60
APD415127 433604.5 6830395.3 414.69 270 -60 30
APD415128 433612.81 6830395.4 414.63 270 -60 30
APD415135 433663.79 6830395.6 414.76 270 -60 60
APD415137 433605.93 6830383 414.79 270 -60 36
APD415138 433612.56 6830382.9 414.75 270 -60 36
APD415141 433652.84 6830383 414.86 270 -60 60
APD415142 433667.12 6830382.8 414.92 270 -60 60
APD415143 433678.7 6830382.9 414.96 270 -59.1 42
APD415146 433594.01 6830370.4 414.81 270 -60 30
APD415147 433601.74 6830370.4 414.68 270 -60 30
APD415153 433649.72 6830370.4 415.07 270 -59.1 54
APD415156 433673.86 6830370.5 414.97 270 -60 30
APD415157 433681.61 6830370.4 414.98 270 -60 30
APD415163 433641.71 6830358 414.56 270 -60 60
APD415168 433587.26 6830345.5 414.7 270 -60 30
APD415173 433628.62 6830345.7 414.71 270 -60 54
APD415174 433636.39 6830345.8 414.8 270 -60 54
APD415180 433583.66 6830333.1 414.71 270 -60 36
APD415181 433591.42 6830333.5 414.81 270 -60 42
APD415182 433598.24 6830333.3 414.86 270 -60 42
APD415183 433615.49 6830333.2 414.99 270 -60 54
APD415184 433632.23 6830333.2 414.9 270 -60 60
APD415189 433575.42 6830320.5 414.88 270 -60 36
APD415190 433584.09 6830320.5 414.83 270 -60 42
APD415191 433592.09 6830320.5 414.81 270 -60 54
APD415192 433599.8 6830320.5 414.86 270 -60 54
APD415194 433615.95 6830320.6 414.68 270 -60 54
APD415195 433624.03 6830320.4 414.81 270 -60 54
APD415199 433581.4 6830308.1 414.81 270 -60 48
APD415200 433600.15 6830308 414.88 270 -60 48
APD415208 433572.04 6830295.6 414.54 270 -60 42
APD415209 433579.82 6830295.4 414.67 270 -60 54
APD415210 433588.23 6830295.5 414.72 270 -60 60
APD415211 433595.66 6830295.4 414.69 270 -60 60
APD415212 433603.8 6830295.3 414.83 270 -60 48
APD415217 433575 6830283 415 270 -60 42
APD415218 433585.48 6830283.1 414.49 270 -60 54
APD415219 433597.44 6830283.1 414.62 270 -60 48
APD415220 433606 6830283 415 270 -60 48
APD415224 433568.99 6830270.5 414.42 270 -60 42
APD415225 433576.97 6830270.4 414.43 270 -60 54
Criteria Explanation Explanation
APD415226 433585.1 6830270.5 414.55 270 -60 48
APD415227 433592.75 6830270.4 414.65 270 -60 48
APD415232 433554.74 6830257.8 414.5 270 -60 36
APD415233 433566.99 6830257.8 414.61 270 -60 48
APD415234 433579.7 6830257.9 414.34 270 -60 48
APD415235 433587.04 6830258 414.61 270 -60 54
APD415237 433611.35 6830258.1 414.71 270 -60 12
APD415241 433548.06 6830245.4 414.8 270 -60 36
APD415242 433554.89 6830245.5 414.92 270 -60 42
APD415243 433562.02 6830245.4 414.77 270 -60 42
APD415244 433568.94 6830245.3 414.6 270 -60 42
APD415245 433575.76 6830245.4 414.52 270 -60 42
APD415246 433582.81 6830245.4 414.47 270 -60 36
APD415247 433590.84 6830245.3 414.54 270 -60 36
APD415250 433539.38 6830233.3 414.65 270 -60 30
APD415251 433558.18 6830233.1 414.86 270 -60 42
APD415255 433532.7 6830220.4 414.54 270 -60 30
APD415256 433540.24 6830220.8 414.79 270 -60 36
APD415257 433547 6830220.5 414.99 270 -59.1 42
APD415258 433554.32 6830220.4 414.92 270 -60 42
APD415259 433561.07 6830220.4 414.85 270 -58.7 42
APD415260 433568.16 6830220.4 414.8 270 -58.4 42
APD415263 433542.03 6830207.8 414.5 270 -60 36
APD415264 433556.1 6830207.9 414.49 270 -59.4 42
APD415267 433537.85 6830195.4 414.55 270 -60 36
APD415268 433546.05 6830195.4 414.52 270 -58.8 42
APD415269 433553.73 6830195.3 414.48 270 -57.9 42
APD415272 433536.86 6830183 415.04 270 -60 36
APD415273 433547.74 6830182.9 414.84 270 -58.1 42
APD415276 433535.8 6830170.4 414.94 270 -59.1 42
APD415277 433543.68 6830170.3 414.83 270 -59.3 42
APD415278 433551.92 6830170.5 414.88 270 -58.5 42
APD415281 433533.37 6830157.9 415.11 270 -60 36
APD415282 433546.07 6830157.9 414.8 270 -58.5 42
APD415285 433530.87 6830145.4 415.09 270 -59.7 42
APD415286 433538.66 6830145.5 415 270 -60 42
APD415289 433525.84 6830133.1 414.82 270 -60.5 42
APD415290 433537.04 6830133 414.91 270 -59.4 42
APD415291 433544.94 6830132.9 414.83 270 -59.2 48
APD415305 433575.93 6830083 414.72 270 -60 24
APD415309 433577.96 6830070.5 414.97 270 -60 24
APD415310 433559.81 6830057.8 414.94 282 -89.2 54
APD415311 433579.7 6830057.9 415.14 270 -60 30
APD415320 433568.06 6830020.5 414.8 270 -60 36
APD415323 433528.92 6829995.5 410.89 270 -60 36
APD415324 433544.19 6829995.7 414.82 270 -59.5 42
APD415325 433556.9 6829995.7 414.92 270 -59.6 42
APD415326 433529.47 6829982.9 412.03 270 -60 36
APD415327 433551.52 6829983.7 411.28 270 -60 36
APD415329 433529.7 6829970 412.75 270 -60 40
APD415330 433540.83 6829970.4 412.34 270 -60 40
ECGC0007 434102.07 6831327.6 441.48 270 -60 48
ECGC0029 434112.15 6831387.4 442.67 270 -60 48
ECGC0030 434101.8 6831387.8 442.4 270 -60 48
ECGC0044 434084.84 6831417.6 442.25 270 -60 30
ECGC41505 434105.98 6831310.9 414.28 270 -60 24
ECGC41506 434098.84 6831311.8 414.47 270 -60 24
ECGC41508 434114 6831319.4 414.6 270 -70 36
ECGC41509 434105.98 6831320 414.5 270 -60 33
ECGC41510 434098.18 6831320.5 414.66 270 -60 30
ECGC41513 434111.51 6831329.4 414.86 270 -65 38
ECGC41515 434102.44 6831329.5 415.02 270 -60 30
ECGC41516 434098.02 6831329.4 414.98 270 -60 30
ECGC41517 434091.43 6831329.8 414.99 270 -60 24
ECGC41520 434114.89 6831340.1 415.22 270 -65 36
ECGC41521 434098.54 6831339.8 415.18 0 -90 36

Market Announcement | Page 27 of 50

Criteria Explanation Explanation
ECGC41526
434115.64
6831350
415
270
-60
40
ECGC41527
434109.64
6831350
415
270
-60
36
ECGC41532
434116.79
6831359.8
415.09
270
-60
36
ECGC41534
434094.33
6831360.2
414.89
270
-60
24
ECGC41536
434109.56
6831369.6
414.82
270
-60
30
ECGC41537
434104.2
6831369.9
414.82
270
-60
30
ECGC41538
434098.63
6831370.2
414.93
270
-60
24
ECGC41541
434102.26
6831380.1
415.04
270
-60
24
ECGC41542
434095.6
6831379.8
414.78
270
-60
24
ECGC41544
434102.3
6831390
414.96
270
-60
24
ECGC41545
434090.75
6831390
414.93
270
-60
18
ECGC41548
434086.08
6831399.5
414.85
270
-60
12
West Laverton
Historic drilling information has been validated against publicly available WAMEX reports. Not all drill
holes can be found referenced in the WAMEX reports. However, cross-checking of original drill surveys
was verified against the database.
Company
Drill Hole Number
WAMEX
Report
A-
Number
WAMEX
Report
Date
HILLMIN
WL10, WL11, WL12, WL13, WL15, WL18, WL7, WL8, WL9
17871
Dec-85
WL26, WL30, WL31, WL32, WL33
20650
Feb-87
BD1, BD3, BD4, BD5
23452
Feb-88
WL34, WL35, WL36, WL37, WL38, WL39, WL40, WL41, WL42, WL43, WL44
23455
Feb-88
BD8, BD9, BD10, BD11, BD12, BD13, BD14, BD15, BD16, BD17, BD18, BD19,
BD20, BD21, BD22, BD23, BD24, BD25, BD26, BD27, BD28, BD31, BD32, BD33,
BD34, BD35, BD37, BD38, BD39, BD40, BD41, BD42, BD7, WL101, WL102,
WL103, WL105, WL106, WL107, WL110, WL111, WL112, WL113, WL114,
WL115, WL116, WL117, WL118, WL119, WL120, WL121, WL51, WL52, WL53,
WL54, WL55, WL56, WL58, WL59, WL60, WL61, WL62, WL63, WL64, WL65,
WL66, WL67, WL68, WL70, WL71, WL72, WL73, WL75, WL76, WL77, WL78,
WL80, WL81, WL82, WL83, WL84, WL86, WL88, WL89, WL90, WL91, WL92,
WL95, WL96, WL97, WL98, WL99, WLD1, WLD10, WLD11, WLD12, WLD2,
WLD3, WLD4, WLD5, WLD6, WLD7, WLD8, WLD9
27622
Jun-88
ASHTON
BD100_WESTLA, BD101_WESTLA, BD103_WESTLA, BD105_WESTLA,
BD107_WESTLA, BD108_WESTLA, BD109_WESTLA, BD110_WESTLA,
BD111_WESTLA, BD112_WESTLA, BD113_WESTLA, BD114_WESTLA,
BD115_WESTLA, BD116_WESTLA, BD117_WESTLA, BD118_WESTLA,
BD121_WESTLA, BD122_WESTLA, BD123_WESTLA, BD126, BD127, BD45,
BD46, BD47, BD50, BD51, BD52, BD56, BD57, BD58, BD59, BD62, BD67, BD69,
BD70, BD73, BD74, BD75, BD76, BD78, BD79, BD80, BD81, BD82, BD83, BD85,
BD86, BD91, BD94, BD95, BD97, BD98, BDD1, BDD2, BDD3, BDD4, WL122,
WL123, WL124, WL125, WL126, WL127, WL128, WL129, WL130, WL131,
WL132, WL133, WL134, WL135, WL136, WL137, WL138, WL139, WL140,
WL141, WL142, WL143, WL144, WL145, WL146, WL147, WL148, WL149,
WL150, WL151, WL152, WL163, WL164, WL165, WL166, WL167, WL168,
WL169, WL170, WL171, WL172
30496
Jan-90
WL173, WL174, WL175, WL176, WL177, WL178, WL180, WL181, WL183,
WL186, WL187, WL188, WL190, WL191, WL192, WL193, WL194, WL196,
WL197, WL198, WL200, WL201, WL202, WL203, WL204, WL210, WL211,
WL212, WL213, WL214, WL215, WL216, WL217, WL218, WL219, WL220,
WL221, WL222, WL223, WL225, WL226, WL227, WL228, WL229, WL230,
WL232, WL233, WL234, WL235, WL236, WL237, WL238, WL239, WL240
35703
Dec-91
SOG
ENC002, ENC003, ENC004, ENC005, ENC006, ENC007, ENC008, ENC009,
ENC011, ENC012, ENC013
51454
May-97		 ECGC41526 434115.64 6831350 415 270 -60 40
ECGC41527 434109.64 6831350 415 270 -60 36
ECGC41532 434116.79 6831359.8 415.09 270 -60 36
ECGC41534 434094.33 6831360.2 414.89 270 -60 24
ECGC41536 434109.56 6831369.6 414.82 270 -60 30
ECGC41537 434104.2 6831369.9 414.82 270 -60 30
ECGC41538 434098.63 6831370.2 414.93 270 -60 24
ECGC41541 434102.26 6831380.1 415.04 270 -60 24
ECGC41542 434095.6 6831379.8 414.78 270 -60 24
ECGC41544 434102.3 6831390 414.96 270 -60 24
ECGC41545 434090.75 6831390 414.93 270 -60 18
ECGC41548 434086.08 6831399.5 414.85 270 -60 12
Company Drill Hole Number WAMEX
Report
A-
Number		 WAMEX
Report
Date
HILLMIN WL10, WL11, WL12, WL13, WL15, WL18, WL7, WL8, WL9 17871 Dec-85
WL26, WL30, WL31, WL32, WL33 20650 Feb-87
BD1, BD3, BD4, BD5 23452 Feb-88
WL34, WL35, WL36, WL37, WL38, WL39, WL40, WL41, WL42, WL43, WL44 23455 Feb-88
BD8, BD9, BD10, BD11, BD12, BD13, BD14, BD15, BD16, BD17, BD18, BD19,
BD20, BD21, BD22, BD23, BD24, BD25, BD26, BD27, BD28, BD31, BD32, BD33,
BD34, BD35, BD37, BD38, BD39, BD40, BD41, BD42, BD7, WL101, WL102,
WL103, WL105, WL106, WL107, WL110, WL111, WL112, WL113, WL114,
WL115, WL116, WL117, WL118, WL119, WL120, WL121, WL51, WL52, WL53,
WL54, WL55, WL56, WL58, WL59, WL60, WL61, WL62, WL63, WL64, WL65,
WL66, WL67, WL68, WL70, WL71, WL72, WL73, WL75, WL76, WL77, WL78,
WL80, WL81, WL82, WL83, WL84, WL86, WL88, WL89, WL90, WL91, WL92,
WL95, WL96, WL97, WL98, WL99, WLD1, WLD10, WLD11, WLD12, WLD2,
WLD3, WLD4, WLD5, WLD6, WLD7, WLD8, WLD9		 27622 Jun-88
ASHTON BD100_WESTLA, BD101_WESTLA, BD103_WESTLA, BD105_WESTLA,
BD107_WESTLA, BD108_WESTLA, BD109_WESTLA, BD110_WESTLA,
BD111_WESTLA, BD112_WESTLA, BD113_WESTLA, BD114_WESTLA,
BD115_WESTLA, BD116_WESTLA, BD117_WESTLA, BD118_WESTLA,
BD121_WESTLA, BD122_WESTLA, BD123_WESTLA, BD126, BD127, BD45,
BD46, BD47, BD50, BD51, BD52, BD56, BD57, BD58, BD59, BD62, BD67, BD69,
BD70, BD73, BD74, BD75, BD76, BD78, BD79, BD80, BD81, BD82, BD83, BD85,
BD86, BD91, BD94, BD95, BD97, BD98, BDD1, BDD2, BDD3, BDD4, WL122,
WL123, WL124, WL125, WL126, WL127, WL128, WL129, WL130, WL131,
WL132, WL133, WL134, WL135, WL136, WL137, WL138, WL139, WL140,
WL141, WL142, WL143, WL144, WL145, WL146, WL147, WL148, WL149,
WL150, WL151, WL152, WL163, WL164, WL165, WL166, WL167, WL168,
WL169, WL170, WL171, WL172		 30496 Jan-90
WL173, WL174, WL175, WL176, WL177, WL178, WL180, WL181, WL183,
WL186, WL187, WL188, WL190, WL191, WL192, WL193, WL194, WL196,
WL197, WL198, WL200, WL201, WL202, WL203, WL204, WL210, WL211,
WL212, WL213, WL214, WL215, WL216, WL217, WL218, WL219, WL220,
WL221, WL222, WL223, WL225, WL226, WL227, WL228, WL229, WL230,
WL232, WL233, WL234, WL235, WL236, WL237, WL238, WL239, WL240		 35703 Dec-91
SOG ENC002, ENC003, ENC004, ENC005, ENC006, ENC007, ENC008, ENC009,
ENC011, ENC012, ENC013		 51454 May-97
Criteria Explanation Explanation Explanation Explanation Explanation Explanation
ENC286, ENC289
ENC457, ENC458, ENC459, ENC460, ENC461, ENC462		 55360 Nov-97
62396 Feb-01
APOLLO WV018, WV019, WV020, WV021, WV023, WV024, WV025, WV026, WV027 68420 Apr-04
CRESCENT WV029, WV030, WV031, WV032, WV033, WV034, WV035, WV036, WV037,
WV038, WV039, WV040, WV041, WV044, WV045, WV046, WV047
WLDD001, WLDD002, WLDD003, WLRC200, WLRC201, WLRC202, WLRC203,
WLRC204, WLRC205, WLRC207
WLRC209, WLRC210, WLRC211, WLRC212, WLRC213, WLRC215, WLRC217,
WLRC218, WLRC219, WLRC220, WLRC222, WLRC223, WLRC224, WLRC225,
WLRC226, WLRC227, WLRC228, WLRC229, WLRC230, WLRC231, WLRC232,
WLRC233, WLRC234, WLRC235, WLRC240, WLRC241, WLRC242, WLRC243,
WLRC244, WLRC245, WLRC246
WLRC247, WLRC248, WLRC249, WLRC250, WLRC251, WLRC252, WLRC253,
WLRC254, WLRC255, WLRC256, WLRC257, WLRC258, WLRC259, WLRC260,
WLRC261, WLRC262, WLRC263, WLRC264, WLRC265, WLRC266, WLRC267,
WLRC268
WLRC269, WLRC270, WLRC271, WLRC272, WLRC273, WLRC274, WLRC275,
WLRC276, WLRC277		 74767 Mar-07
81229 Feb-09
86387 Feb-10
90143 Apr-11
98404 Jun-13
FOCUS WLDD004, WLDD005, WLDD006 102282 Jun-14
West Laverton collar details of holes not previously externally reported:
COMPANY DRILL HOLE ID MGA 94 Zone 51 DEPTH (m)
TYPE EAST NORTH RL AZIMUTH DIP
WMC RC RGAC1 438822.98 6833124.1 453.06 255 -60 20
WMC RC RGAC12 438845.71 6833090.8 453.81 255 -60 30
WMC RC RGAC13 438864.36 6833096.6 453.94 255 -60 40
WMC RC RGAC18 438892.72 6833194.8 452.85 255 -60 40
WMC RC RGAC22 439007.55 6833208.9 453.99 255 -60 20
WMC RC RGAC23 439026.74 6833215.8 454.28 255 -60 30
WMC RC RGAC24 439010.96 6833168.3 454.61 255 -60 20
WMC RC RGAC25 439029.13 6833176.5 454.81 255 -60 30
WMC RC RGAC26 439044.89 6833222.4 454.58 255 -60 40
WMC RC RGAC27 438994.8 6833184.4 454.19 255 -60 20
WMC RC RGAC28 439013.41 6833190.5 454.32 255 -60 30
WMC RC RGAC29 439032.79 6833196.9 454.64 255 -60 40
WMC RC RGAC31 439007.94 6833146.2 454.9 255 -60 30
WMC RC RGAC32 439027.06 6833152.3 455.06 255 -60 40
WMC RC RGAC33 439045.81 6833158.9 455.38 255 -60 40
SOG RC WLRC023 439043.34 6832760.2 454.1 0 -90 65
SOG RC WLRC025 438882.88 6832784.5 453.18 0 -90 25
SOG RC WLRC026 438903.53 6832784.7 453.31 0 -90 35
SOG RC WLRC027 438923.04 6832784.4 453.48 0 -90 45
SOG RC WLRC028 438942.93 6832785.9 453.45 0 -90 50
SOG RC WLRC030 438887.98 6832809.2 453.05 0 -90 25
SOG RC WLRC032 438879.23 6832834.3 453.02 0 -90 30
SOG RC WLRC033 438899.81 6832834.8 453.17 0 -90 40
SOG RC WLRC034 438917.8 6832835 453.47 0 -90 50
SOG RC WLRC035 438938.08 6832834.8 453.74 0 -90 60
SOG RC WLRC036 438958.76 6832834.7 453.98 0 -90 70
SOG RC WLRC037 438977.87 6832834.6 453.97 0 -90 85
SOG RC WLRC038 438998.21 6832834.9 454 0 -90 40
SOG RC WLRC039 438858.82 6832859.8 453.51 0 -90 15
SOG RC WLRC040 438902.92 6832859.5 453.55 0 -90 40
SOG RC WLRC041 438925.04 6832859.5 453.63 0 -90 50

Market Announcement | Page 29 of 50

Criteria Explanation Explanation Explanation Explanation
SOG RC WLRC042 438943.5 6832859.1 453.65 0 -90 60
SOG RC WLRC043 438963.12 6832859.9 453.58 0 -90 70
SOG RC WLRC044 438988.07 6832859.6 453.38 0 -90 85
SOG RC WLRC045 439033.54 6832860.1 453.52 0 -90 100
SOG RC WLRC046 438858.12 6832884.9 453.11 0 -90 25
SOG RC WLRC047 438877.91 6832884.7 453.42 0 -90 35
SOG RC WLRC048 438898.49 6832885 453.44 0 -90 35
SOG RC WLRC049 438918.35 6832885 453.17 0 -90 45
SOG RC WLRC050 438938.73 6832884.7 452.91 0 -90 55
SOG RC WLRC051 438958.4 6832885.1 452.99 0 -90 65
SOG RC WLRC052 438979.52 6832887.2 453.05 0 -90 75
SOG RC WLRC053 438997.35 6832883.2 453.16 0 -90 85
SOG RC WLRC054 439019.66 6832884.9 453.27 0 -90 100
SOG RC WLRC055 439037.9 6832884.8 453.36 0 -90 40
SOG RC WLRC056 438867.66 6832908.7 452.77 0 -90 30
SOG RC WLRC058 438912.23 6832909.4 452.82 0 -90 40
SOG RC WLRC060 438988.39 6832909.9 452.89 0 -90 40
SOG RC WLRC061 438867.93 6832934.8 452.24 0 -90 30
SOG RC WLRC062 438888.32 6832934.7 452.38 0 -90 40
SOG RC WLRC063 438908.54 6832934.9 452.47 0 -90 40
SOG RC WLRC064 438928.1 6832934.5 452.58 0 -90 55
SOG RC WLRC065 438947.95 6832934.4 452.73 0 -90 65
SOG RC WLRC066 438968 6832935.2 452.83 0 -90 80
SOG RC WLRC067 438988.23 6832934.5 452.86 0 -90 60
SOG RC WLRC068 439007.92 6832935.5 453 0 -90 70
SOG RC WLRC069 438873.1 6832960.3 451.91 0 -90 30
SOG RC WLRC070 438893.63 6832959.6 452.17 0 -90 35
SOG RC WLRC071 438912.73 6832959.9 452.44 0 -90 45
SOG RC WLRC072 438948.24 6832959.5 452.65 0 -90 65
SOG RC WLRC073 438967.95 6832959.5 452.93 0 -90 75
SOG RC WLRC076 438957.9 6832984.4 452.51 0 -90 35
SOG RC WLRC077 438978.24 6832984.7 452.74 0 -90 50
SOG RC WLRC078 438998.02 6832985 452.85 0 -90 60
SOG RC WLRC079 439017.8 6832988.4 452.88 0 -90 70
SOG RC WLRC084 438962.64 6833036.5 452.32 0 -90 35
SOG RC WLRC086 438871.56 6832990.6 451.97 0 -90 35
SOG RC WLRC087 438877.12 6833040.5 451.78 0 -90 35
SOG RC WLRC100 439062.68 6832985.9 453.01 0 -60 102
SOG RC WLRC101 439041.76 6832992.7 452.93 0 -60 90
SOG RC WLRC102 439019.58 6833006.8 452.74 0 -60 74
SOG RC WLRC103 439001.03 6833007.5 452.77 0 -60 66
SOG RC WLRC104 438967.14 6833011.1 452.34 0 -60 54
SOG RC WLRC106 438877.48 6832861.5 453.22 0 -90 25
SOG RC WLRC107 439012.66 6832834.9 454.26 0 -90 100
SOG RC WLRC108 439050.07 6832985.9 452.94 0 -90 90
West Laverton shallow Crescent RC grade control holes not externally reported:
COANY DRILL HOLE ID MGA 94 Zone 51 DEPTH
MP TYPE EAST NORTH RL AZIMUTH DIP
WMC RC RGAC1 438822.98 6833124.1 453.06 255 -60 20
WMC RC RGAC12 438845.71 6833090.8 453.81 255 -60 30
WMC RC RGAC13 438864.36 6833096.6 453.94 255 -60 40
Criteria Explanation Explanation
WMC RC RGAC18 438892.72 6833194.8 452.85 255 -60 40
WMC RC RGAC22 439007.55 6833208.9 453.99 255 -60 20
WMC RC RGAC23 439026.74 6833215.8 454.28 255 -60 30
WMC RC RGAC24 439010.96 6833168.3 454.61 255 -60 20
WMC RC RGAC25 439029.13 6833176.5 454.81 255 -60 30
WMC RC RGAC26 439044.89 6833222.4 454.58 255 -60 40
WMC RC RGAC27 438994.8 6833184.4 454.19 255 -60 20
WMC RC RGAC28 439013.41 6833190.5 454.32 255 -60 30
WMC RC RGAC29 439032.79 6833196.9 454.64 255 -60 40
WMC RC RGAC31 439007.94 6833146.2 454.9 255 -60 30
WMC RC RGAC32 439027.06 6833152.3 455.06 255 -60 40
WMC RC RGAC33 439045.81 6833158.9 455.38 255 -60 40
SOG RC WLRC023 439043.34 6832760.2 454.1 0 -90 65
SOG RC WLRC025 438882.88 6832784.5 453.18 0 -90 25
SOG RC WLRC026 438903.53 6832784.7 453.31 0 -90 35
SOG RC WLRC027 438923.04 6832784.4 453.48 0 -90 45
SOG RC WLRC028 438942.93 6832785.9 453.45 0 -90 50
SOG RC WLRC030 438887.98 6832809.2 453.05 0 -90 25
SOG RC WLRC032 438879.23 6832834.3 453.02 0 -90 30
SOG RC WLRC033 438899.81 6832834.8 453.17 0 -90 40
SOG RC WLRC034 438917.8 6832835 453.47 0 -90 50
SOG RC WLRC035 438938.08 6832834.8 453.74 0 -90 60
SOG RC WLRC036 438958.76 6832834.7 453.98 0 -90 70
SOG RC WLRC037 438977.87 6832834.6 453.97 0 -90 85
SOG RC WLRC038 438998.21 6832834.9 454 0 -90 40
SOG RC WLRC039 438858.82 6832859.8 453.51 0 -90 15
SOG RC WLRC040 438902.92 6832859.5 453.55 0 -90 40
SOG RC WLRC041 438925.04 6832859.5 453.63 0 -90 50
SOG RC WLRC042 438943.5 6832859.1 453.65 0 -90 60
SOG RC WLRC043 438963.12 6832859.9 453.58 0 -90 70
SOG RC WLRC044 438988.07 6832859.6 453.38 0 -90 85
SOG RC WLRC045 439033.54 6832860.1 453.52 0 -90 100
SOG RC WLRC046 438858.12 6832884.9 453.11 0 -90 25
SOG RC WLRC047 438877.91 6832884.7 453.42 0 -90 35
SOG RC WLRC048 438898.49 6832885 453.44 0 -90 35
SOG RC WLRC049 438918.35 6832885 453.17 0 -90 45
SOG RC WLRC050 438938.73 6832884.7 452.91 0 -90 55
SOG RC WLRC051 438958.4 6832885.1 452.99 0 -90 65
SOG RC WLRC052 438979.52 6832887.2 453.05 0 -90 75
SOG RC WLRC053 438997.35 6832883.2 453.16 0 -90 85
SOG RC WLRC054 439019.66 6832884.9 453.27 0 -90 100
SOG RC WLRC055 439037.9 6832884.8 453.36 0 -90 40
SOG RC WLRC056 438867.66 6832908.7 452.77 0 -90 30
SOG RC WLRC058 438912.23 6832909.4 452.82 0 -90 40
SOG RC WLRC060 438988.39 6832909.9 452.89 0 -90 40
SOG RC WLRC061 438867.93 6832934.8 452.24 0 -90 30
SOG RC WLRC062 438888.32 6832934.7 452.38 0 -90 40
SOG RC WLRC063 438908.54 6832934.9 452.47 0 -90 40
SOG RC WLRC064 438928.1 6832934.5 452.58 0 -90 55
SOG RC WLRC065 438947.95 6832934.4 452.73 0 -90 65
SOG RC WLRC066 438968 6832935.2 452.83 0 -90 80
SOG RC WLRC067 438988.23 6832934.5 452.86 0 -90 60
SOG RC WLRC068 439007.92 6832935.5 453 0 -90 70
SOG RC WLRC069 438873.1 6832960.3 451.91 0 -90 30
SOG RC WLRC070 438893.63 6832959.6 452.17 0 -90 35
SOG RC WLRC071 438912.73 6832959.9 452.44 0 -90 45
SOG RC WLRC072 438948.24 6832959.5 452.65 0 -90 65
SOG RC WLRC073 438967.95 6832959.5 452.93 0 -90 75
SOG RC WLRC076 438957.9 6832984.4 452.51 0 -90 35
SOG RC WLRC077 438978.24 6832984.7 452.74 0 -90 50
SOG RC WLRC078 438998.02 6832985 452.85 0 -90 60
SOG RC WLRC079 439017.8 6832988.4 452.88 0 -90 70
SOG RC WLRC084 438962.64 6833036.5 452.32 0 -90 35
SOG RC WLRC086 438871.56 6832990.6 451.97 0 -90 35
SOG RC WLRC087 438877.12 6833040.5 451.78 0 -90 35
SOG RC WLRC100 439062.68 6832985.9 453.01 0 -60 102

Market Announcement | Page 31 of 50

Criteria Explanation Explanation
SOG RC WLRC101 439041.76 6832992.7 452.93 0 -60 90
SOG RC WLRC102 439019.58 6833006.8 452.74 0 -60 74
SOG RC WLRC103 439001.03 6833007.5 452.77 0 -60 66
SOG RC WLRC104 438967.14 6833011.1 452.34 0 -60 54
SOG RC WLRC106 438877.48 6832861.5 453.22 0 -90 25
SOG RC WLRC107 439012.66 6832834.9 454.26 0 -90 100
SOG RC WLRC108 439050.07 6832985.9 452.94 0 -90 90
Gladiator
Historic drilling information has been validated
holes can be found referenced in the WAMEX
was verified against the database.
Company Drill Hole Number WAMEX
Report A-
Number		 WAMEX
Report Date
Teck Exploration
Ltd		 GP1,GP2 11969 01-Jan-83
Technominerals GRC1,GRC3 20213 01-Mar-87
Hill Minerals GP7,GP8 15071 01-Mar-85
GP11,GP12,GP14,GP16,GP17,GP18 17467 01-Feb-86
GP25,GP26,GP27,GP28,GP29,GP30 27702 01-Dec-88
GP31,GP32,GP33,GP34,GP35,GP36,GP37,GP38,GP39,GP40 27703 01-Feb-89
WMC TWP107, TWP108, TWP109, TWP110, TWP111, TWP112, TWP113,
TWP114		 22647 31-Jan-88
TWP175,TWP176,TWP177,TWP178,TWP179,TWP180 35126 01-Feb-92
Ashton GP100, GP101, GP116, GP119, GP120, GP123, GP126, GP127, GP130,
GP131, GP132, GP135, GP142, GP143, GP144, GP145, GP146, GP147,
GP148, GP149, GP151, GP152, GP161, GP162, GP163, GP164, GP168,
GP41, GP42, GP43, GP44, GP45, GP46, GP47, GP48, GP49, GP50, GP51,
GP52, GP53, GP54, GP55, GP56, GP57, GP58, GP59, GP60, GP61, GP62,
GP63, GP64, GP65, GP66, GP67, GP68, GP69, GP70, GP71, GP72, GP73,
GP74, GP82, GP83, GP84, GP85, GP86, GP87, GP88, GP89, GP90, GP93,
GP94,GP95,GP96,GP97,GP98,GP99,GSD1,GSD2,GSD4,GSD5		 17957 01-Jan-90
GP102, GP103, GP105, GP106, GP107, GP109, GP110, GP111, GP112,
GP113, GP114, GP115, GP118, GP121, GP122, GP124, GP125, GP128,
GP129, GP133, GP134, GP136, GP137, GP138, GP139, GP141, GP150,
GP153, GP155, GP156, GP157, GP158, GP159, GP160, GP165, GP169,
GP76,GP77,GP78,GP79,GP80,GP81,GSD3,GSD6,GSD7		 30488 01-Jan-90
GP174,GP175,GP176 34630 01-Sep-91
GP171, GP177, GP178, GP179, GP180, GP181, GP182, GP183, GP184,
GP185, GP186, GP187, GP188, GP189, GP190, GP191, GP192, GP193,
GP194, GP195, GP196, GP197, GP199, GP200, GP201, GP202, GP203,
GP204, GP205, GP206, GP207, GP208, GP209, GP210, GP211, GP212,
GP213, GP214, GP215, GP216, GP217, GP218, GP219, GP220, GP221,
GP222, GP224, GP225, GP226, GP227, GP228, GP229, GP230, GP231,
GP232, GP233, GP234, GP235, GP236, GP237, GP238, GP239, GP240,
GP241,GP242		 34657 01-Sep-91
GP244, GP245, GP249, GP251, GP252, GP255, GP256, GP257, GP258,
GP259,GP265,GP266,GP270,GP271,GP277		 35680 01-Jan-92
SOG ENC298, ENC299, ENC301, ENC302, ENC303, ENC306, ENC307, ENC308,
ENC310,ENC311,ENC312		 55360 30-Nov-97
ENC465 62396 28-Feb-01
Metex
Resources		 GMDH001, GMDH002, GMDH003, GMRC001, GMRC004, GMRC005,
GMRC006, GMRC007, GMRC008, GMRC009, GMRC010, GMRC012,
GMRC013, GMRC014, GMRC015, GMRC016, GMRC018, GMRC019,
GMRC020, GMRC021, GMRC023, GMRC024, GMRC026, GMRC029,
GMRC030		 69813 01-Feb-05
GMDH004,GMRC049,GMRC031,GMRC032 72705 01-Mar-06
Metex/Barrick
(Granny Smith)
PtyLtd		 LJC0014,LJC0015,LJC0016,LJC0017,LJC0018,LJC0032 72705 01-Mar-06
LJC0033, LJC0034, LJC0035, LJC0036 75073 01-Mar-07
Criteria Explanation Explanation Explanation Explanation Explanation Explanation Explanation Explanation
Drill Hole ID ASX Release Title Date
19GLRC001, 19GLRC002, 19GLRC003, 19GLRC004,
19GLRC005,19GLRC006,19GLRC007		 Strong gold hits from Laverton
regional drillingcampaign		 29-Jan-20
21GLRC001, 21GLRC002, 21GLRC003, 21GLRC004,
21GLRC005, 21GLRC006, 21GLRC007, 21GLRC008,
21GLRC009,21GLRC010,21GLRC011		 Exploration Update - Laverton
Gold Project		 28-Apr-21
Gladiator Ashton drilled RC holes not externally reported:
HOLE ID MGA 94 Zone 51 DEPTH (m)
EAST NORTH RL AZIMUTH DI
P
GP304 437617.25 6832650.1 457.72 0 -90 100
GP306 437679.17 6832638.7 456.53 0 -90 100
GP307 437676.68 6832816.9 457.76 270 -60 65
GP308 437701.83 6832867.9 463.12 270 -60 65
GP309 437743.55 6832840.4 464.29 270 -60 60
GP310 437727.69 6832791.5 461.85 270 -60 60
GP311 437724.41 6832816.9 462.2 270 -60 60
GP312 437698.71 6832742.9 460.19 270 -60 60
GP313 437668.3 6832793.9 457.33 270 -60 68
GP314 437699.83 6832892.8 466.25 270 -60 60
GP315 437675.8 6832868.7 460.29 270 -60 80
GP316 437670.48 6832844 459.37 270 -60 70
GP317 437584.32 6832999.1 459.19 0 -90 94
GP318 437613.39 6833000.1 458.24 0 -90 118
GP320 437722.97 6832817.6 462.11 270 -60 105
GP321 437707.93 6832793.5 460.55 270 -60 93
GP322 437686.76 6832835.1 458.37 225 -60 81
GP323 437699.04 6832769.6 460.72 270 -60 60
GP324 437749.16 6832766.8 460.07 270 -60 80
GP325 437749.66 6832791.6 461.16 270 -60 100
GP326 437750.8 6832816.6 462.37 270 -60 150
GP329 437730.26 6832792.3 461.75 270 -60 90
GP5 437184.81 6832777.8 461.74 272 -60 42
Company Drill Hole Number WAMEX
Report
A-
Number		 WAMEX
Report
Date
Hillmin SL16, SL17, SL18, SL19, SL20, SL21, SL22, SL23, SL26, SL27, SL28,
SL29_WESTLAV, SL31, SL32_WESTLAV, SL33, SL34, SL35, SL36, SL37, SL38,
SL39,SL40,SL41,SL42,SL43,SL44,SL46		 14966 Apr-85
SL80,SLD1,SLD2,SLD4,SLD6,SLD7,SLD8 17424 Feb-86
SL106,SL107,SL108,SL109 20572 Dec-86
SL117, SL118, SL119, SL120, SL121, SL122, SL123, SL126, SL127, SL128, SL129,
SL130, SL131, SL132, SL133, SL134, SL135, SL136, SL137, SL138, SL140, SL141,
SL142, SL143, SL144, SL146, SL147, SL148, SL149, SL150, SL151, SL152, SL153,
SL154, SL155, SL156, SL157, SL158, SL159, SL160, SL161, SL162, SL164, SL166,
SL167, SL168, SL169, SL171, SL173, SL174, SL175, SL176, SL180, SL181, SL182,
SL183, SL184, SL185, SL186, SL187, SL188, SL190, SL191, SL192, SL193, SL194,
SL195,SL196,SL197,SL198,SL199		 23452 Jan-88
SL206, SL207, SL208, SL209, SL210, SL212, SL213, SL214, SL215, SL216, SL217,
SL218, SL219, SL220, SL221, SL222, SL223, SL224, SL227, SL228, SL229, SL230,
SL231, SL232, SL233, SL234, SL235, SL236, SL237, SL238, SL239, SL240, SL241,
SL242, SL247, SL248, SL249, SL250, SL251, SL252, SL253, SL254, SL256, SL257,
SL258,SL259,SL261,SL262,SL263,SL265,SL266,SL267,SL268,SL270,SL271,		 27853 Feb-89

Market Announcement | Page 33 of 50

Criteria Explanation Explanation Explanation Explanation Explanation Explanation Explanation
SL272, SL273, SL274, SL275, SL276, SL278, SL279, SL281, SL282, SL283, SL284,
SL285, SL286, SL287, SL288, SL289, SL291, SL292, SL297, SL298, SL299, SL301,
SL302, SL314, SL315, SL316, SL317, SL319, SL320, SL324, SL325, SL326, SL327,
SL328, SL329, SL332, SL334, SL358, SL359, SL360, SL368, SL369, SL371, SL372,
SL374, SL375, SL383, SL386, SL388, SL389, SL390, SL391, SL393, SL394, SL395,
SL396, SL397, SL398, SL399, SL400, SL401, SL402, SL403, SL405, SL406, SL407,
SL408, SL409, SL410, SL411, SL419, SL420, SL421, SL422, SL423, SL424, SLD11,
SLD12, SLD13, SLD14, SLD16, SLD17, SLD19, SLD21, SLD22, SLD23, SLD24,
SLD25,SLD27
Ashton SL547,SL548,SL549,SL550 35678 Jan-92
Sons of
Gwalia		 ENC316,ENC317,ENC318,ENC319,ENC320,ENC321,ENC323 59191 Nov-99
Apollo WV001, WV002, WV004, WV008, WV009, WV012, WV013, WV014, WV015,
WV016,WV028		 68420 Apr-04
Crescent CMRC001,CMRC002A,CMRC004,CMRC005,CMRC006,CMRC007 74767 Mar-07
CMD001, CMRC008, CMRC009, CMRC010, CMRC011, CMRC012, CMRC013,
CMRC014, CMRC015, CMRC016, CMRC017, CMRC018, CMRC019, CMRC020,
CMRC021, CMRC022, CMRC023, CMRC024, CMRC025, CMRC026, CMRC027,
CMRC028, CMRC029, CMRC030, CMRC031, CMRC032, CMRC033, CMRC034,
CMRC035, CMRC036, CMRC037, CMRC038, CMRC039, CMRC040, CMRC041,
CMRC046, CMRC047, CMRC049, CMRC050, CMRC051, CMRC052, CMRC053,
CMRC054, CMRC055, CMRC056, CMRC057, CMRC058, CMRC059, CMRC060,
CMRC061, CMRC062, CMRC063, CMRC064, CMRC065, CMRC067, CMRC068,
CMRC069, CMRC070, CMRC071, CMRC072, CMRC073, CMRC076, CMRC077,
CMRC078,CMRC079		 77949 Apr-08
CMRC082,CMRC083,CMRC084,CMRC085,CRNRC001 81229 Feb-09
CMRC201, CMRC202, CMRC203, CMRC204, CMRC205, CMRC206, CMRC207,
CMRC208, CMRC209, CMRC210, CMRC211, CMRC212, CMRC213, CMRC214,
CMRC215, CMRC216, CMRC217, CMRC219, CMRC221, CMRC222, CMRC223,
CMRC224,CMRC225,CMRC226,CMRC227,CMRC228		 86387 Feb-10
CMRC229, CMRC230, CMRC231, CMRC232, CMRC233, CMRC234, CMRC235,
CMRC236, CMRC237, CMRC238, CMRC239, CMRC240, CMRC241, CMRC242,
CMRC243, CMRC245, CMRC246, CMRC247, CMRC248, CMRC249, CMRC251,
CMRC252, CMRC253, CMRC255, CMRC256, CMRC257, CMRC258, CMRC259,
CMRC260, CMRC261, CMRC262, CMRC263, CMRC264, CMRC265, CMRC266,
CMRC267, CMRC268, CMRC269, CMRC270, CMRC271, CMRC272, CMRC273,
CMRC274, CMRC276, CMRC277, CMRC278, CMRC279, CMRC280, CMRC281,
CMRC282, CMRC284, CMRC285, CMRC286, CMRC287, CMRC295, CMRC296,
CMRC297, CMRC298, CMRC299, CMRC300, CMRC303, CMRC304, CMRC310,
CMRC311, CMRC312, CMRC313, CMRC314, CMRC315, CMRC316, CMRC317,
CMRC318, CMRC319, CMRC320, CMRC321, CMRC322, CMRC323, CMRC325,
CMRC326,CMRC328,CRADD001		 90143 Apr-11
CMRC329, CMRC330, CMRC332, CMRC333, CMRC334, CMRC335, CMRC336,
CMRC337,CMRC338		 93988 Jun-12
CM/MM FML holes ASX announcements:
Drill Hole Number ASX Release Title ASX Release Date
Focus Confirms Strong Results from Coolgardie and
Laverton Exploration Campaigns		 30-July-14
CMDD348, CMRC341, CMRC342
CM/MM historic Collar details of holes not previously externally reported:
Hole ID MGA 94 Zone 51 Depth
(m)		 Company
Easting Northing RL Azimuth Dip
SL10 440357.68 6829668.2 478.33 277 -60 93 Hillmin
SL14 440317.25 6829956.1 474.58 106 -56 50 Hillmin
Criteria Explanation Explanation Explanation
SL5 440404.13 6829942.9 478.08 287 -60 63 Hillmin
SL6 440371.95 6829937.7 477.86 280 -60 69 Hillmin
SL7 440365.44 6829870.9 477.98 288 -60 33 Hillmin
SL8 440351.28 6829874.9 477.6 288 -60 63 Hillmin
CM002 440311.56 6829547.3 471.33 256.7 -60 42 SOG
CM003 440307.18 6829566.8 472.4 256.7 -60 30 SOG
CM004 440311.3 6829582.9 469.62 256.7 -60 40 SOG
CM005 440308.45 6829590.4 469.52 256.7 -60 50 SOG
CM007 440318.17 6829613.8 467.79 256.7 -60 42 SOG
CM008 440322.5 6829625.4 467 256.7 -60 54 SOG
CM010 440407.48 6829541.8 469.99 285.7 -60 50 SOG
CM012 440329.14 6829616.2 467 256.7 -60 60 SOG
CM013 440334.25 6829627.5 467 256.7 -60 60 SOG
CM015 440404.77 6829532.4 469.66 285.7 -60 46 SOG
CM016 440401.59 6829515.9 468.58 285.7 -60 46 SOG
CM017 440309.71 6829612.3 468.24 256.7 -60 54 SOG
CM018 440310.7 6829623 467 256.7 -60 54 SOG
CM019 440390.54 6829504.2 468.79 285.7 -60 50 SOG
CM020 440321.34 6829583.7 469 256.7 -60 60 SOG
CM021 440306.41 6829583.4 470.21 256.7 -60 36 SOG
CM022 440318.56 6829593.3 469.19 261.7 -60 54 SOG
CM023 440301.3 6829589.1 470.27 256.7 -60 30 SOG
CM024 440308.1 6829566.4 472.27 286.7 -60 60 SOG
CM025 440307.14 6829548.1 471.59 256.7 -60 34 SOG
CM026 440319.25 6829546.6 471 256.7 -60 72 SOG
CM027 440312.91 6829597.5 469.64 286.7 -60 39 SOG
CM028 440324 6829593.8 468.52 291.7 -60 72 SOG
CM029 440322.1 6829627.9 467 286.7 -60 40 SOG
CM030 440311.34 6829626.7 467 286.7 -60 75 SOG
CM032 440309.49 6829547.7 471.48 256.7 -60 39 SOG
Hole ID MGA 94 Zone 51 Depth (m)
Easting Northing RL Azimuth Dip
CR410002 440344.34 6829679.5 409.42 285 60 36
CR410003 440348.93 6829678.6 409.51 285 60 36
CR410004 440342.37 6829690.1 409.44 285 60 36
CR410006 440356.26 6829696.9 409.29 285 60 42
CR410008 440339.92 6829711.6 408.84 285 50 36
CR410009 440356.08 6829706.2 409.39 285 60 42
CR410011 440345.71 6829720.1 409.16 285 50 40
CR410012 440354.46 6829717.3 409.16 285 60 42
CR410014 440347.43 6829730.1 409.62 285 60 42
CR410021 440344.45 6829749.3 409.46 285 65 40
CR410023 440312.52 6829771.5 409.59 285 60 28
CR410026 440314.5 6829767.8 409.34 105 60 36
CR410029 440313.16 6829781.9 409.64 105 65 36
CR410032 440317.92 6829791 409.65 105 80 33
CR410035 440355.27 6829780 409.54 285 60 24
CR410040 440354.46 6829790.6 409.66 285 60 36
CR410042 440317.57 6829810.8 410.01 285 85 33
CR410045 440350.97 6829802.1 409.69 105 55 36
CR410048 440318.87 6829822.1 410.21 105 85 33

Market Announcement | Page 35 of 50

Criteria Explanation Explanation Explanation Explanation
CR410055 440321.73 6829841.9 410 0 90 33
CR410056 440324.37 6829841.4 409.98 0 50 24
CR410057 440350.41 6829834 409.95 285 60 24
CR420005 440302.55 6829660.2 420 105 60 24
CR420016 440293.05 6829600.5 420 105 60 12
CR420017 440300.76 6829598.4 420 105 60 12
CR425005 440361.47 6829685.1 424.7 285 55 54
CR425006 440360.21 6829695.7 424.96 285 60 54
CR425008 440306.18 6829711.2 425.06 105 60 54
CR425010 440361.07 6829706 424.95 285 60 54
CR425012 440307.06 6829721.4 425.01 105 60 54
CR425013 440304.97 6829732.4 424.87 105 60 54
CR425017 440307.57 6829741.8 424.95 105 60 54
CR425018 440305.71 6829752.7 424.95 105 55 54
CR425027 440375.36 6829764.2 424.94 285 60 54
CR425028 440378.94 6829773.6 424.97 285 60 24
CR425031 440380.01 6829783.9 424.82 285 60 54
CR425033 440377.76 6829794.8 424.95 285 60 24
CR425035 440381.39 6829804.3 424.76 285 60 24
CR425036 440376.16 6829815.9 425 285 50 55
CR425037 440374.52 6829827.1 425.19 285 60 24
CR425038 440374.42 6829837.5 425.07 285 60 24
CR425045 440366.74 6829870.6 425.1 285 60 24
CR425048 440333.05 6829900.9 425.17 285 60 24
CR425051 440328.76 6829901.9 425.15 285 60 24
CR470001 440378.67 6829463.4 469.7 285 60 15
CR470002 440383.34 6829461.2 469 285 60 25
CR470004 440380.57 6829472.1 469.29 285 60 20
CR470005 440384.8 6829470.8 468.61 285 60 30
CR470006 440385.61 6829481 468.6 285 60 22
CR470009 440402.57 6829486.6 467.87 285 60 40
CR470012 440401.85 6829497.4 468.25 285 60 40
CR470026 440318.92 6829551.9 471.04 285 60 54
CR470090 440390.43 6829947.5 473.05 285 60 38
CR470093 440375.86 6829940.1 465.83 285 60 15
CR470094 440382.08 6829928.6 465.65 285 60 34
CR470104 440427.7 6829812.1 466.79 285 60 46
CR470106 440419.59 6829803.8 467.17 285 60 39
CR470110 440420.32 6829782.8 467.19 285 60 48
CR470113 440423.46 6829771.7 467.43 285 60 48
CR470116 440423.83 6829761.2 467.63 285 60 47
CR470121 440426.9 6829749.8 467.86 285 60 47
Mary Mac:
Hole ID MGA 94 Zone 51 Depth (m)
Easting Northing RL Azimuth Dip
MMHFPR14 440753.26 6831356.5 494.86 285 87 65
MMHFPR19 440767.15 6831353.6 494.27 285 50 54
MMHGC0028 440648.2 6831204.3 487.32 286 60 54
MMHGC0122 440769.7 6831377.9 497.31 286 60 50
MMHGC0123 440774.52 6831376.5 495.56 286 60 40
MMHGC0124 440779.33 6831375.1 495 286 60 40
MMHGC0129 440766.4 6831347.6 492.98 286 60 40
MMHGC0130 440771.21 6831346.3 492 286 60 40
MMHGC0131 440776.03 6831344.9 491.5 286 60 40
MMHGC0134 440764.29 6831358.6 495.05 286 60 40
MMHGC0135 440759.48 6831359.9 496.12 286 60 41
MMHGC0140 440758.88 6831339.3 493.1 286 60 50
MMHGC0157 440744.9 6831405.3 507.44 234 60 35
MMHGC0159 440742.71 6831400.7 507.28 236 60 35
MMHGC0218 440745.08 6831384.8 497.78 287 60 18
MMHGC0219 440745.08 6831384.8 497.78 0 90 18
MMHGC0221 440773.52 6831384.2 495 0 90 30
MMHGC0222 440773.52 6831384.2 495 105 63 30
MMHGC0224 440730.13 6831368.3 500 0 90 48
Criteria Explanation Explanation Explanation
MMHGC0225 440728.13 6831358.5 500.16 285 60 54
MMHGC0228 440715.86 6831351.6 500 285 70 48
MMHGC0259 440713.19 6831248.7 487.72 285 60 42
MMHGC0260 440721.12 6831246.3 486.49 285 60 36
MMHGC0283 440647.18 6831187.8 470.02 285 60 30
MMHGC0284 440639.6 6831179.6 475 285 80 36
MMHGC45001 440726.03 6831318.3 449.79 285 60 30
MMHGC45002 440696.84 6831326.3 450.09 285 60 12
MMHGC45005 440699.18 6831303.1 450.13 285 60 24
MMHGC45008 440676.35 6831310.9 450.54 285 60 12
MMHGC45010 440698.27 6831284.4 450.29 285 60 30
MMHGC45011 440690.63 6831285.8 450.31 285 60 24
MMHGC45012 440676.09 6831287.2 450.03 285 60 18
MMHGC45015 440689.93 6831276.3 450 285 60 30
MMHGC45016 440683.17 6831278.1 450 285 60 24
MMHGC45017 440675.36 6831281.1 450.03 285 60 18
MMHGC45019 440658.17 6831284.9 450 285 60 18
MMHGC45020 440678.73 6831269.3 450.12 285 60 30
MMHGC45021 440673.73 6831270.2 450.13 285 60 24
MMHGC45022 440666.88 6831272.1 450.02 285 60 24
MMHGC45023 440660.55 6831273.9 449.96 285 60 24
MMHGC45024 440653.36 6831275.8 450.05 285 60 24
MMHGC45025 440646.68 6831277.5 449.92 285 60 24
MMHGC45032 440650.41 6831255.5 450.06 285 60 26
MMHGC45035 440628.05 6831261.4 449.96 285 60 15
MMHGC45037 440639.23 6831248.6 449.84 285 60 24
MMHGC45038 440632.02 6831249.1 449.86 285 60 24
MMHGC45040 440650.69 6831235.2 450.01 285 60 30
MMHGC45041 440640.01 6831238 449.86 285 60 24
MMHGC45042 440629.41 6831240.7 449.81 285 60 24
MMHGC45044 440636.33 6831228.7 449.95 285 60 24
MMHGC45046 440649.33 6831214.2 450.28 0 90 15
MMHGC45047 440641.74 6831216.4 450.12 285 60 18
MMHGC45048 440635 6831218.5 450.02 285 60 18
MMHGC45051 440633.85 6831213.6 449.89 285 80 30
MMHGC45054 440618.44 6831208.5 450.13 285 80 30
MMHGC45056 440622 6831191 452.52 285 60 30
MMHGC45058 440618.22 6831182.7 452.66 285 60 30
MMHGC45059 440602.46 6831186.5 452.52 285 60 30
MMHGC45060 440612.99 6831174 452.52 285 80 30
MMHGC465009 440650.69 6831222 464.64 285 60 45
MMHGC465013 440632.36 6831228.8 465 285 60 36
MMHGC465014 440657.86 6831221.4 464.59 285 60 53
MMHGC465016 440647.93 6831235.3 464.8 285 60 46
MMHGC465026 440621.33 6831263.5 464.68 0 90 30
MMHGC465057 440681.11 6831329.8 464.95 105 85 24
MMHGC470005 440741.69 6831333.5 469.63 285 70 30
MMHGC470008 440738.19 6831324.4 469.46 285 60 36
MMHGC470009 440730.55 6831326.4 469.65 285 60 36
MMHGC470010 440722.93 6831328.6 470.1 285 60 36
MMHGC470015 440736.19 6831304 469.61 285 60 36
MMHGC470017 440728.89 6831295.8 469.64 285 60 45
MMHGC470018a 440712.1 6831300 469.78 285 60 48
MMHGC470022 440720.1 6831277.9 469.88 285 60 36
MMHGC470034 440706.95 6831260.5 469.93 285 60 36
MMHGC470039 440687.67 6831245.1 469.95 285 60 24
MMHSPR02 440632.01 6831195.8 469.92 285 50 36
MMHSPR08 440624 6831176 470 285 50 30
MMHSPR09 440594 6831175 470 105 70 36
MMSGC001 440474.35 6830411.8 466.39 286 60 45
MMSGC002 440467.53 6830413.6 466.42 286 60 45
MMSGC003 440460.82 6830415.5 466.62 286 60 20
MMSGC004 440454.04 6830417.4 466.81 286 60 10
MMSGC005 440477.08 6830421.4 466.13 286 60 45
MMSGC006 440470.29 6830423.3 466.08 286 60 45
MMSGC007 440456.83 6830427 466.27 286 60 20

Market Announcement | Page 37 of 50

Criteria Explanation Explanation Explanation
MMSGC009 440479.66 6830430.9 465.65 286 60 45
MMSGC010 440473.04 6830432.9 465.85 286 60 45
MMSGC011 440466.24 6830434.8 465.79 286 60 30
MMSGC012 440459.49 6830436.6 465.74 286 60 20
MMSGC014 440489.15 6830438.6 466.23 286 60 45
MMSGC015 440482.42 6830440.5 466.42 286 60 45
MMSGC016 440475.35 6830442.5 466.08 286 60 45
MMSGC017 440468.51 6830444.9 466.03 286 60 20
MMSGC019 440455.46 6830448.2 465.69 286 60 10
MMSGC020 440485.13 6830450.3 466.27 286 60 45
MMSGC021 440478.44 6830451.3 469.08 286 60 49
MMSGC022 440471.38 6830454.1 469.37 286 60 24
MMSGC023 440465.07 6830455.9 469.19 286 60 14
MMSGC024 440457.41 6830457.8 465.9 286 60 10
MMSGC025 440487.95 6830459.9 466.2 286 60 45
MMSGC026 440481.26 6830461.6 466.06 286 60 45
MMSGC027 440474.16 6830463.7 466.12 286 60 45
MMSGC028 440467.58 6830465.5 466.04 286 60 20
MMSGC029 440460.78 6830467.1 465.9 286 60 10
MMSGC030 440490.51 6830469.5 466.41 286 60 45
MMSGC031 440470.35 6830475.2 466.3 286 60 45
MMSGC032 440463.54 6830477.1 466.2 286 60 45
MMSGC033 440450.15 6830480.8 466.12 286 60 20
MMSGC034 440443.39 6830482.8 466.02 286 60 10
MMSGC035 440486.52 6830481 466.56 286 60 45
MMSGC036 440479.7 6830482.9 466.54 286 60 45
MMSGC037 440473.01 6830484.8 466.5 286 60 45
MMSGC038 440466.26 6830486.8 466.38 286 60 45
MMSGC039 440459.51 6830488.6 466.36 286 60 45
MMSGC040 440452.86 6830490.5 466.39 286 60 20
MMSGC041 440446.13 6830492.4 466.35 286 60 10
MMSGC042 440489.16 6830490.6 466.85 286 60 45
MMSGC043 440475.71 6830494.4 466.61 286 60 45
MMSGC044 440469 6830496.3 466.63 286 60 45
MMSGC045 440455.55 6830500 466.64 286 60 20
MMSGC046 440448.79 6830502 466.57 286 60 10
MMSGC047 440491.93 6830500.3 467.13 286 60 45
MMSGC048 440485.16 6830502.2 466.93 286 60 45
MMSGC049 440478.46 6830504.1 466.88 286 60 45
MMSGC050 440471.67 6830506 466.89 286 60 45
MMSGC0500 440540.91 6830855.5 475.7 285 60 24
MMSGC0501 440548.13 6830854.3 475.06 285 60 24
MMSGC0502 440554.24 6830851.6 474.79 285 60 24
MMSGC051 440464.92 6830507.9 466.81 286 60 45
MMSGC0512 440585.12 6830962.3 474.85 285 60 24
MMSGC0514 440570.11 6830997.7 475.45 285 60 24
MMSGC0515 440577.31 6830995.8 475.51 285 60 24
MMSGC0516 440585.47 6830993.5 475.5 285 60 24
MMSGC0517 440593.14 6830991.3 475.37 285 60 24
MMSGC0518 440600.94 6830989.2 475.34 285 60 24
MMSGC0519 440572.82 6831007.6 475.78 285 60 24
MMSGC052 440458.31 6830509.8 466.75 286 60 20
MMSGC0520 440580.42 6831005.1 475.7 285 60 24
MMSGC0521 440588.24 6831003 475.7 285 60 24
MMSGC0522 440595.97 6831000.9 475.52 285 60 24
MMSGC0523 440603.6 6830998.8 475.49 285 60 24
MMSGC0524 440583.12 6831014.8 475.91 285 60 24
MMSGC0525 440585.78 6831024.5 476.16 285 60 24
MMSGC0526 440593.66 6831022.2 476.17 285 60 24
MMSGC0527 440601.27 6831020.1 476.15 285 60 24
MMSGC0528 440608.78 6831017.8 476.01 285 60 24
MMSGC0529 440616.64 6831015.7 475.83 285 60 24
MMSGC053 440451.49 6830511.6 466.68 286 60 10
MMSGC0530 440588.69 6831034.1 476.41 285 60 24
MMSGC0531 440602.02 6831030.5 476.33 285 60 24
MMSGC0532 440595.9 6831052.8 477.1 286 60 24
Criteria Explanation Explanation Explanation
MMSGC0533 440603.41 6831050.7 477.06 286 60 24
MMSGC0534 440611.22 6831048.5 476.97 286 60 24
MMSGC0535 440619.06 6831046.3 476.94 286 60 24
MMSGC054 440494.64 6830510 467.33 286 60 45
MMSGC055 440481.11 6830513.7 467.28 286 60 45
MMSGC056 440474.47 6830515.5 467.18 286 60 45
MMSGC057 440461.01 6830519.4 467.14 286 60 30
MMSGC058 440454.16 6830521.2 467.01 286 60 10
MMSGC059 440497.4 6830519.5 467.9 286 60 30
MMSGC060 440490.65 6830521.4 467.72 286 60 45
MMSGC061 440483.84 6830523.4 467.69 286 60 45
MMSGC062 440477.08 6830525.2 467.6 286 60 45
MMSGC063 440470.37 6830527.1 467.76 286 60 45
MMSGC064 440463.63 6830529 467.64 286 60 45
MMSGC065 440456.89 6830530.9 467.57 286 60 20
MMSGC066 440450.15 6830532.8 467.41 286 60 10
MMSGC067 440493.25 6830531.1 468.23 286 60 45
MMSGC068 440486.49 6830533 468.2 286 60 45
MMSGC069 440479.79 6830534.9 468.15 286 60 45
MMSGC070 440473.05 6830536.8 468.05 286 60 45
MMSGC071 440466.31 6830538.6 468.08 286 60 45
MMSGC072 440459.68 6830540.5 468.05 286 60 45
MMSGC073 440452.77 6830542.5 467.96 286 60 20
MMSGC074 440446.1 6830544.3 467.79 286 60 10
MMSGC075 440482.44 6830544.6 468.64 286 60 45
MMSGC076 440475.73 6830546.3 468.71 286 60 35
MMSGC077 440462.24 6830550.1 468.65 286 60 45
MMSGC078 440455.6 6830552.1 468.68 286 60 20
MMSGC079 440498.68 6830550.3 469.07 286 60 45
MMSGC080 440492.04 6830552.2 469.17 286 60 45
MMSGC081 440485.26 6830554.1 469.18 286 60 25
MMSGC084 440465.06 6830559.8 469.24 286 60 25
MMSGC085 440458.27 6830561.7 469.17 286 60 25
MMSGC091 440474.42 6830567.5 469.76 286 60 45
MMSGC092 440460.98 6830571.3 469.71 286 60 45
MMSGC094 440544.55 6830558.2 468.63 286 60 45
MMSGC098 440490.63 6830573.3 470.17 286 60 45
MMSGC099 440483.92 6830575.2 470.21 286 60 45
MMSGC100 440477.16 6830577.2 470.27 286 60 45
MMSGC101 440470.38 6830579 470.14 286 60 45
MMSGC105 440547.25 6830567.8 468.37 286 60 45
MMSGC106 440540.51 6830569.7 468.81 286 60 45
MMSGC129 440552.66 6830587.1 468.8 286 60 45
MMSGC331 440558.29 6830865.9 474.58 286 60 25
MMSGC332 440551.53 6830867.8 474.97 286 60 25
MMSGC333 440544.76 6830869.6 475.26 286 60 20
MMSGC334 440538.09 6830871.7 475.76 286 60 10
MMSGC335 440561.02 6830875.5 474.78 286 60 25
MMSGC336 440554.32 6830877.5 474.96 286 60 25
MMSGC337 440547.46 6830879.4 475.32 286 60 20
MMSGC338 440540.81 6830881.2 477.08 286 60 25
MMSGC340 440557 6830887.1 474.94 286 60 25
MMSGC341 440543.52 6830890.9 475.67 286 60 25
MMSGC342 440536.81 6830892.9 476.19 286 60 20
MMSGC343 440530.09 6830894.7 477.52 286 60 10
MMSGC344 440566.41 6830894.9 474.58 286 60 25
MMSGC345 440559.53 6830896.6 474.72 286 60 45
MMSGC346 440552.85 6830898.6 475.04 286 60 45
MMSGC347 440546.13 6830900.5 475.52 286 60 45
MMSGC348 440539.45 6830902.4 475.83 286 60 45
MMSGC427 440478.88 6830410.4 466.34 286 60 50
MMSGC428 440483.55 6830419.6 466.13 286 60 55
MMSGC429 440495.74 6830436.8 466.31 286 60 70
MMSGC430 440492.58 6830448.2 466.21 286 60 65
MMSGC431 440495.37 6830457.9 466.04 286 60 65
MMSGC432 440497.95 6830477.8 466.49 286 60 65

Market Announcement | Page 39 of 50

Criteria Explanation Explanation Explanation
MMSGC433 440507.33 6830485.6 467.05 286 60 75
MMSGC434 440506.16 6830496.4 467.09 286 60 70
MMSGC435 440499.72 6830498.3 467.06 286 60 55
MMSGC436 440501.45 6830508 467.76 286 60 65
MMSGC437 440506.95 6830516.8 467.54 286 60 70
MMSGC438 440505 6830548.3 468.86 286 60 65
MMSGC439 440468.84 6830558.7 469.1 286 60 40
MMSGC440 440504.99 6830558.9 469.33 286 60 70
MMSGC441 440498.39 6830560.8 469.43 286 60 50
MMSGC442 440490.43 6830562.8 469.55 286 60 60
MMSGC443 440490.98 6830386.2 467.14 286 60 60
MMSGC444 440497.75 6830384.4 467.15 286 60 70
MMSGC446 440556.6 6830575.6 468.61 286 60 70
MMSGC447 440482.19 6830399.1 466.73 286 60 55
MMSGC448 440488.86 6830397.3 466.76 286 60 65
MMSGC449 440495.64 6830395.4 466.77 286 60 70
MMSGC450 440484.98 6830408.8 466.53 286 60 65
MMSGC451 440490.52 6830417.6 466.12 286 60 70
MMSGC452 440497.09 6830426.1 466.07 286 60 70
MMSGC453 440504.26 6830434.9 466.3 286 60 70
MMSGC454 440502.35 6830455.8 466.83 286 60 65
MMSGC458 440553.99 6830565.9 468.44 286 60 60
MMSGC459 440560.73 6830564 468 286 60 70
MMSGC461 440585.19 6830858.4 473.6 286 60 35
MMSGC462 440571.75 6830862.1 473.96 286 60 50
MMSGC463 440578.44 6830860.3 473.69 286 60 60
MMSGC464 440565.11 6830864.1 474.33 286 60 70
MMSGC465 440583.18 6830869.3 473.59 286 60 70
MMSGC466 440570.37 6830883.3 474.31 286 60 65
MMSGC467 440573.19 6830893 474.42 286 60 10
MMSGC468 440532.82 6830904.4 476.4 286 60 20
MMSGC470 440530.63 6830915.3 476.08 286 60 15
MMSGC471 440537.32 6830913.4 475.76 286 60 25
MMSGC472 440554.67 6830908.6 475.1 286 60 55
MMSGC473 440538.21 6830923.6 475.2 286 60 20
MMSGC474 440544.89 6830921.6 475.2 286 60 40
MMSGC475 440551.65 6830919.8 475.06 286 60 45
MMSGC476 440566.07 6830915.8 474.78 286 60 60
MMSGC477 440572.73 6830913.9 474.62 286 60 70
MMSGC479 440540.74 6830943.6 475.25 286 60 20
MMSGC480 440547.33 6830941.7 475.19 286 60 30
MMSGC481 440554.13 6830939.9 475.15 286 60 40
MMSGC482 440560.84 6830937.9 474.96 286 60 55
MMSGC483 440575.23 6830933.8 474.75 286 60 70
MMSGC484 440547.28 6830952.2 475.29 286 60 35
MMSGC485 440558.78 6830948.9 475.16 286 60 40
MMSGC486 440567.47 6830946.5 474.98 286 60 50
MMSGC487 440574.15 6830944.6 474.82 286 60 55
MMSGC488 440551.85 6830961.2 475.45 286 60 15
MMSGC489 440580.68 6830953.1 474.78 286 60 70
MMSGC490 440573.62 6830975.9 475.28 286 60 40
MMSGC491 440589.98 6830971.3 475.03 286 60 70
MMSGC492 440596.79 6830969.4 474.96 286 60 50
MMSGC493 440603.51 6830967.6 474.9 286 60 50
MMSGC494 440610.14 6830965.7 474.76 286 60 40
MMSGC495 440582.07 6830984 475.33 286 60 60
MMSGC496 440600.39 6830978.7 475.18 286 60 70
MMSGC497 440591.22 6831012.5 475.9 286 60 50
MMSGC498 440596.91 6831011 475.89 286 60 70
MMSGC499 440613.37 6831006.2 475.74 286 60 70
Data aggregation
methods
•
Mineralised intersections are reported at a 0.5g/t Au cut-off with a minimum reporting width of 1m for
RC holes and 0.2m for diamond holes, composited to 1m.

Data aggregation • Mineralised intersections are reported at a 0.5g/t Au cut-off with a minimum reporting width of 1m for methods RC holes and 0.2m for diamond holes, composited to 1m.

Criteria Explanation
Relationship
between
mineralisation
widths and
intercept lengths		 •
Holes were drilled orthogonal to mineralisation as much as possible, however the exact relationship
between intercept width and true width cannot be estimated exactly in all cases.
Diagrams • Refer to Figures and Tables in body of the release.
Balanced
reporting		 • All drill assay results used in this estimation are published in previous news releases.
• Historic drill hole results available on WAMEX.
Other
substantive
exploration data		 • There is no other material exploration data to report at this time.
Further work • The company is designing drill programs to follow up on the results of these re-models.

Market Announcement | Page 41 of 50

Section 3 Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section)

Criteria Explanation
Database integrity • Data was geologically logged electronically; collar and downhole surveys were
also received electronically as was the laboratory analysis results. These
electronic files were loaded into an acQuire database by the company in-house
Database Administrator. Data was routinely extracted to Microsoft Access
during the drilling program for validation by the geologist in charge of the
project.
• FML’s database is a Microsoft SQL Server database (acQuire), which is case
sensitive, relational and normalised to the Third Normal Form. Because of
normalisation, the following data integrity categories exist:
• Entity Integrity: no duplicate rows in a table, eliminated redundancy and chance
of error.
• Domain Integrity: Enforces valid entries for a given column by restricting the
type, the format or a range of values.
• Referential Integrity: Rows cannot be deleted which are used by other records.
• User-Defined Integrity: business rules enforced by acQuire and validation
codes set up by FML.
• Additionally, in-house validation scripts are routinely run in acQuire on FML’s
database and they include the following checks:
• Missing collar information
• Missing logging, sampling, downhole survey data and hole diameter
• Overlapping intervals in geological logging, sampling, down hole surveys
• Checks for character data in numeric fields
• Data extracted from the database were validated visually in GEOVIA Surpac
software and ARANZ Geo Leapfrog software. Also, when loading the data any
errors regarding missing values and overlaps are highlighted.
• Historic data has been validated against WAMEX reports where possible.
Site visits • Alex Aaltonen, the Competent Person for Sections 1 and 2 of Table 1 is FML’s
General Manager - Exploration and conducts regular site visits.
• Hannah Kosovich, the Competent Person for Section 3 of Table 1 is FML’s
Resource Geologist and last visited site in September 2019.
Geological interpretation • All available drill hole and historic mining data was used to guide the geological
interpretation of the mineralisation.
• The mineralised geological interpretation was completed using Seequent
Leapfrog software on a section-by-section basis. All available drill hole and pit
mapping data was used with an approximate 0.5g/t Au value cut-off to guide
the interpretation.
• Mineralisation along the Chatterbox Trend has previously been modelled as
discrete and discontinuous individual deposits. Not with a view of the structural
controls over the whole trend. The aim of this remodel was to look at the shear
zone as one large deposit that is later sub-divided into the historically defined
individual deposits.
o
A total of 56 individual lodes have been modelled along the Chatterbox
trend.
o
10 closely spaced lodes were modelled within the Rumor deposit that
strike NNE curving towards the NE to the north, dipping 60° to the East.
The three most southern lodes have a flatter 45° easterly dip.
o
Apollo is the longest of the three deposits and had 32 individual lodes
modelled along its strike. The mineralisation has been interpreted from
the end of what is considered the Rumor footprint striking NE before
curving to a Northerly trend at the northern extents. Two corepervasive
lodes have been modelled dipping 65° to the east, with numerous
closely spaced smaller lodes in the footwall and hanging wall dipping
from 30° to 70° to the east along the entire Apollo strike. To the west of
the main Apollo trend two NNE trending lodes dipping 45° to the east
have been modelled.
o
Slightly offset to the East from Apollo in the north lies the Eclipse
(Garden Well) deposit that has one N-S, 60° dipping lode modelled
through the historic pit area and to the east, two N-NNW trending
closely spaced lodes dipping 55° to the east.
o
Innuendo to the north has ten lodes modelled, in the south five stacked
lodes trend NNE and dipping 60°to the east. The mineralisation then
swings to the NNW where four stacked lodes dip ~ 55° to the NE.
Approx 150m to the North of this a further two NNW trending 60°
dipping lodes have been interpreted.
•
Along the West Laverton Trend, a total of 13 individual lodes were modelled.
o
At Rega two lodes were modelled, one main lode within the existing pit
and a second lode ~ 150m to the west. Both strike NNW with a gentle
~25° dip to the ESE and gently plunging to the east. Within the main in-
pit lode, two higher grade internal “core” lodes were modelled. These
HG core lodes have hard boundaries between themselves and the
surrounding main lode. There is no defined northing or cut-off for the
Rega / West Laverton mineralisation extents and the two deposits
interlace each other at the southern edge of the Rega pit wall.
o
Six lodes were modelled at West Laverton, two hanging wall and two
footwall lodes adjacent to two splay lodes. All lodes are closely spaced
and sub-parallel to each other, striking NNE, gently dipping ~ 25° to the
ESE and gently plunging to the east, similarly to Rega. Bulldog sits
some 900m along strike to the south of West Laverton and consists of
five lodes. All are closely spaced, sub-parallel with similar orientations
to West Laverton and Rega.
o
Bulldog sits some 900m along strike to the south of West Laverton and
consists of five lodes. All are closely spaced, sub-parallel with similar
orientations to West Laverton and Rega.
•
Gladiator Trend had a total of 54 individual lodes have been modelled.
o
Gladiator West is closely associated with Gladiator Underground
footwall, 21 closely spaced lodes were modelled within the Gladiator
West deposit that strike NNE, dipping 45° to the East. The three most
southern lodes have a flatter 27° easterly dip.
o
Murrays deposit was modelled in 4 lodes striking NNE, dipping 51° to
the East.
o
Cousin Murray was modelled in 7 lodes striking NW, dipping 75° to the
SW.
o
Gladiator south was modelled in 19 lodes overall striking North, dipping
70° to the East with northeastern lodes striking NNW.
o
Central BIF was modelled in 1 lode striking NNW dipping 53° to the
East. NE BIF was modelled in 1 lode striking north, dipping 79° to the
East.
•
Mineralisation at Craigiemore and Mary Mac is commonly associated with
quartz veining and disseminated pyrite within the silica altered chert horizons
of the BIF. It can also be found in the mafic host rocks near the BIF contact.
Understanding the relationship between gold mineralisation and the BIF was
used to guide the interpretation. Lithological logging of BIF and mafic host
rocks was consistent across drill holes and allowed for an accurate lithological
model to be constructed. This model highlighted the contacts and thickened
zones of BIF where gold mineralisation is prevalent. Geophysics was also used
to guide the interpretation with the BIF highlighted by regional and project scale
surveys. A site visit and pit analysis confirmed the vein orientation.
o
At Craigiemore and Mary Mac numerous tightly spaced sub vertical

Market Announcement | Page 43 of 50

lodes were identified striking north-south with a moderate plunge to the
north. Minor northwest striking sub vertical splays were also identified.
o
Increased thrust faulting and drag folding enhances the structural
complexity at Mary Mac Hill. Two orientations were identified, north
south striking BIF hosted lodes that dip steeply to the east and more
moderate east dipping quartz and shear hosted lodes.
o
A total of 23 individual lodes were modelled at Craigiemore. Two sets
of closely spaced north trending sub-vertically dipping lodes that gently
plunge to the north.
o
In the “gap” between Craigiemore and Mary Mac, two NNW trending,
sub-vertical lodes have been interpreted.
o
A remnant ROM Pad stockpile exists and has been modelled to the
immediate East of the current open pit berm. The triangular shaped
stockpile extends 275m at its longest, 190m at its widest and averages
5m thick.
o
Covering the entire CM-MM-GP resource area a thin continuous
Supergene layer of mineralised enrichment has been modelled as a
surface. However, lack of RC/DD drilling away from the pits has
affected its estimation.
o
A total of 59 individual lodes have been modelled along the MM/GP
trend.
o
Mary Mac South consists of 12 stacked, NNW trending, sub-vertically
dipping lodes that extend over 470m from near surface to approx.
210m below ground.
o
Mary Mac North consists of 5 stacked NW trending sub-vertical lodes
intersected by 5 flatter dipping lodes modelled over 270m from near
surface to 180m below.
o
Mary Mac Hill consists of 11 stacked flat dipping lodes intersected by
20 steep NNW trending lodes that has been modelled over 385m from
near surface to 150m below surface.
o
Golden Pinnacles consists of 6 lodes of variable orientations and
limited strike that has been modelled from near surface to approx.
100m below.
•
Dimensions •
The entire Chatterbox Trend was remodelled as one project in Leapfrog, over a
5.7 km NNE – North - NNW strike length.
o
Rumor has been interpreted over a 1.5km NE – NNE trending strike
from near surface to 230m below ground, however the average depth
modelled is 120m. Widths vary from 1m to 17m.
o
Apollo trends NNE over a 1.5km strike before swinging to the North for
a further 900m. Lodes average 150m depth but have been interpreted
to 330m at the deepest point of drill penetration. Lode widths vary from
1m to 20m wide.
o
Eclipse is the smallest of the deposits – inferred over a 600m N to
NNW strike from near surface to 150m below ground with 1m – 10m
wide lodes.
o
Innuendo extends over 1.4km, 300m striking to the NNE before swinging
to the NNW for 1.1km. Mineralisation has been modelled from near
surface to 230m below surface and vary from 1m 10 16m wide.
•
Overall, the West Laverton Trend has been modelled over a 2.2km strike
length.
o
West Laverton/Rega has been modelled over 850m with a gap of 900m
before Bulldog has been interpreted over 500m strike. The lodes are
interpreted from near surface to approximately 150m below surface,
limited by depth of drilling. Lodes have been interpreted from 1m to
25m thick.
•
The Gladiator deposits were remodelled as one project in Leapfrog, over a 2
km NNE – North - NNW strike length.
o
Gladiator West has been interpreted over 570m NNW trending strike
from near surface to 300m below ground level, however the average
depth approximates 170m. Width vary from 2.5m to 15m.
o
Murrays has been interpreted over 950m NNE trending strike from near
surface to 130m below ground level. Widths vary from 2.5m to 25m.
o
Cousin Murray has been interpreted over 275m NNW trending strike
from near surface to 167m below ground level. Widths vary from 1m to
8m.
o
Gladiator South has been interpreted over 1080m NNW trending strike
from near surface to 160m below ground level. Widths vary from 1m to
15m.
o
Central BIF and NE BIF have been interpreted over 800m and 500m
respectively North trending strike from near surface to 150m and 50m
below ground level Width vary from 1m to 4m.
•
The entire Craigiemore – Mary Mac – Golden Pinnacles Trend was remodelled
as one project in Leapfrog, over a 2.8km N to NNW strike length. The lodes are
interpreted from near surface to approximately 230m below surface, limited by
depth of drilling. Lodes have been interpreted from 1m to 15m thick.
o
Craigiemore has been modelled over 960m with a gap of 75m before a
further two lodes have been interpreted over 185m strike.
o
Mary Mac South through to Golden Pinnacles (MM/GP) extends over
1.6km NNW trending strike.
Estimation and modelling
techniques		 • All deposits used an Ordinary Kriging (OK) estimate run in Datamine software.
Snowden Supervisor software was used for geostatistical analysis and
variography of the individual lode composited samples.
Chatterbox:
•
Drill hole data was selected within mineralised lodes. Boundaries between
lodes were considered hard boundaries and no data is shared between lodes.
All drill hole data was composited to 1m downhole intervals – 1m is the
dominant raw sampling interval.
•
Samples flagged as unreliable or wet were set to absent and ignored in the
estimation process.
•
A review of histograms, probability plots and mean/variance plots for the
individual lodes revealed outlier sample values. A maximum top-cut of 20ppm
Au and an average of 7ppm Au was used for Apollo, only two lodes were top-
capped at Eclipse – 25ppm and 8ppm Au, a max of 15ppm Au and average of
9ppm Au for Rumor and a max of 8ppm and average of 4ppm Au for
Innuendo. Assays above the top-cut are set to the top-cut value.
•
Variography was modelled on data transformed to normal scores, the
variogram models were back transformed to original units before exporting.
•
Variography was performed on the individual lodes with larger sample
numbers, a total of 26 variograms were modelled along the Chatterbox trend.
•
These models were shared with the other lodes of similar orientation and
proximity.
•
The back-transformed variogram models had moderate nugget effects (12%
to 48% of total sill), with a range from 28m for the smaller lodes through to
170m for the largest lodes at Apollo.
•
Estimation (via Ordinary Kriging) was into a non-rotated block model in
MGA94 grid, with a parent block size about the average drill spacing within the
deposit areas, Apollo and Eclipse was 5 mE x 10 mN x 5 mRL with the infill
RC grade control holes; Rumor and Innuendo was 10 mE x 25 mN x 5 mRL.
Sub-blocking was used to best fill the wireframes and inherit the grade of the
parent block.

Market Announcement | Page 45 of 50

  • The ellipsoid search parameters used the variogram ranges, with a minimum of 6 and maximum of 16-18 samples per block estimate was used. After the first pass for un-estimated blocks, the search distance was expanded by a factor of two and the minimum number of samples dropped to 4. A third pass was then run with an increased search distance by a factor of four and the same minimum number of samples. A few lodes across all deposits had blocks not fill after the third pass, this was in areas at the extents of strike or in outside the main strike in the FW and HW lodes. For a small number of missing blocks in a lode, the average of the surrounding blocks was used. This was below cut-off grade and the blocks assigned sub-inferred, unclassified. For large numbers of absent blocks, a 0.01ppm Au was assigned.

  • Along the main strike, lodes had high numbers of blocks filling in the first pass, 99% in a few lodes at Apollo. Smaller lodes along FW or HW had lower first pass estimation ~ 50% of blocks had estimated. In the second pass an average of 46% of blocks estimated. an average of 11% of blocks estimated in the third search pass.

  • The estimate was validated by visually stepping through the estimated blocks and sample data in Datamine. Comparing the estimated block statistics with composited sample data and generate trend (Swath) plots to ensure the estimate was honouring the trends of the data. Also, a review of the output parameters from the estimation process like kriging variance, negative weights, search distances and sample numbers.

  • Following a review of estimated lode grades vs composite lode grades, a “distance limited search” was applied to lodes that had high grades being spread into areas of fewer lower grade samples artificially influencing the grades of these blocks.

  • The process is to apply a distance limit, 10m for Eclipse, 20m for Apollo and 25m for Rumor and Innuendo, to samples above a cut-off grade. Outside the 10m – 25m search ellipse, assays above cut-off are removed from the estimation, resulting in blocks better honouring the low grades in areas of less drilling. Different grades were used for different deposits, Apollo = 10ppm Au, Rumor = 8ppm Au, Eclipse = 6ppm and Innuendo = 4.5ppm Au top-cut applied.

West Laverton:

  • Drill hole data was selected within mineralised domains and then within the internal vein set lodes. Boundaries between veins and the surrounding domain were considered hard boundaries and no data is shared between lodes or between domains and lodes. All drill hole data was composited to 1m downhole intervals – 1m is the dominant raw sampling interval.

  • outlier sample values. A maximum top-cut of 15ppm Au and an average of 10ppm Au was used for the different lodes, with assays above the top-cut set to the top-cut value.

  • Normal scores variography was performed on the individual lodes with larger sample numbers, in total 9 variograms were modelled and shared with the other lodes of similar orientation and proximity.

  • The back-transformed variogram models had moderate to high nugget effects (26 to 36% of total sill), with a range from 20m to 100m for the lodes. In general, the ranges for the variograms were quite short, averaging 40m.

  • • Estimation (via Ordinary Kriging) was into a non-rotated block model in MGA94 grid, with a parent block size of 10 mE x 10 mN x 5 mRL – this is about the average drill spacing in the deposit. Sub-blocking was used to best fill the wireframes and inherit the grade of the parent block.

  • The ellipsoid search parameters used the variogram ranges, with a minimum of 8 and maximum of 14 samples per block estimate was used. After the first pass 57% of blocks had estimated, primarily due to the short search range used. For un-estimated blocks after this first pass, the search distance was

  • expanded by a factor of two and the minimum number of samples dropped to 4. In the second pass 30% of blocks estimated. A third pass was then run with an increased search distance by a factor of four and the same minimum number of samples, 13% of blocks estimated in the third search pass.

  • The estimate was validated by the same process described above.

  • Following the review, a “distance limited search” described in Chatterbox was applied to 5 lodes that had high grades being spread into areas of fewer lower grade samples artificially influencing the grades of these blocks. A distance limit of 20m was selected based on a visual review of sample spacing in affected lodes and a grade cut-off above 5ppm.

Gladiator:

  • Drill hole data was selected within mineralised lodes. Boundaries between lodes were considered hard boundaries and no data is shared between lodes. All drill hole data was composited to 1m downhole intervals – 1m is the dominant raw sampling interval.

  • A review of histograms, probability plots and mean/variance plots for the individual lodes revealed outlier sample values. A maximum top-cut of 12ppm Au was applied to a Gladiator lode, an average of 5ppm Au was used for Gladiator and Murrays with an average of 4ppm Au at Cousin Murray. Topcapping was lower at Gladiator West with an average of 2.75ppm Au used. Assays above the top-cut are set to the top-cut value.

  • Variography was performed on the individual lodes with larger sample numbers. The skewed data sets were transformed to normal scores, the variogram models were back transformed to original units before exporting. Nine variograms were modelled at Gladiator, three at Murrays, one at Cousin Murray and two variograms modelled at Gladiator West. The variogram models were shared with the other lodes of similar orientation and proximity. The back-transformed variogram models had moderate to high nugget effects (18% to 48% of total sill), with a range from 31m for the smaller lodes through to 100m for the largest lodes at Gladiator.

  • Estimation (via Ordinary Kriging) was into a non-rotated block model in MGA94 grid, with a parent block size of 5 mE x 10 mN x 5 mRL – this is about the average drill spacing in the deposit. Sub-blocking was used to best fill the wireframes and inherit the grade of the parent block.

  • The ellipsoid search parameters used the variogram ranges, with a minimum of 6 and maximum of 12 - 18 samples per block estimate was used. The variable maximum sample numbers used depended on size of the lode and drill spacing. After the first pass 60% of blocks had estimated, for unestimated blocks after this first pass, the search distance was expanded by a factor of two and the minimum number of samples dropped to 4. In the second pass 35% of blocks estimated. A third pass was then run with an increased search distance by a factor of four and the same minimum number of samples, 5% of blocks estimated in the third search pass.

  • The estimate was validated by the same process described in the Chatterbox estimate.

  • Following a review of estimated lode grades vs composite lode grades, the “distance limited search” method was applied to 2 lodes that had high grades being spread into areas of fewer lower grade samples artificially influencing the grades of these blocks. A distance limit of 10m was selected and a grade cut-off above 5ppm.

Craigiemore/Mary Mac:

  • Drill hole data was selected within mineralised lodes. Boundaries between lodes were considered hard boundaries and no data is shared between lodes. All drill hole data was composited to 1m downhole intervals – 1m is the dominant raw sampling interval.

Market Announcement | Page 47 of 50

•
A review of histograms, probability plots and mean/variance plots for the
individual lodes revealed outlier sample values. A maximum top-cut of 25ppm
Au and an average of 9.5ppm Au was used for Craigiemore and an average of
7ppm Au for Mary Mac. Assays above the top-cut are set to the top-cut value.
•
Normal Scores variography was performed on the individual lodes with larger
sample numbers, 17 variograms were modelled at Craigiemore and 37
variograms at Mary Mac. These models were shared with the other lodes of
similar orientation and proximity.
•
The back-transformed variogram models had low to moderate nugget effects
(6% to 35% of total sill), with a range from 25m for the smaller lodes through
to 127m for the largest lodes.
•
Estimation (via Ordinary Kriging) was into a non-rotated block model in
MGA94 grid, with a parent block size of 5 mE x 10 mN x 5 mRL – this is about
the average drill spacing in the deposit. Sub-blocking was used to best fill the
wireframes and inherit the grade of the parent block.
•
The ellipsoid search parameters used the variogram ranges, with a minimum
of 6 and maximum of 14 samples per block estimate was used. After the first
pass 88% of blocks had estimated, for un-estimated blocks after this first
pass, the search distance was expanded by a factor of two and the minimum
number of samples dropped to 4. In the second pass 11% of blocks
estimated. A third pass was then run with an increased search distance by a
factor of four and the same minimum number of samples, 1% of blocks
estimated in the third search pass.
•
The estimate was validated by methods described above at Chatterbox.
•
Following the review, a “distance limited search” was applied to 5 lodes that
had high grades being spread into areas of fewer lower grade samples
artificially influencing the grades of these blocks. A distance limit of 10m and a
grade cut-off above 5ppm was used.
Moisture •
Tonnages are estimated on a dry basis.
Cut-off parameters •
The mineral resource has been reported above a 0.6g/t Au cut-off for open pit
for all deposits.
Mining factors or
assumptions		 • It has been assumed in this report that all deposits would be mined by open pit
methods, with most requiring a cut-back on existing open pits before continuing
to extend the pits deeper.
•
Maiden pits would be at Rumor, Innuendo, Cousin Murray Gladiator West and
Golden Pinnacle.
Metallurgical factors or
assumptions		 •
Various test work has been conducted across all the deposit trends over the
years by various companies.
•
At the Chatterbox as part of the PFS trial pit by PDJV, metallurgical test work
was carried out on Apollo ore with excellent recovery (94.4%) and fast
leaching observed. In November 2011 Crescent Gold submitted samples from
Eclipse to ALS Ammtec that represented the 3 different weathering profile ore
types. Overall gravity gold recovery was moderate, gravity separation/cyanide
leach recovery was good (92.7-98.6%) with low cyanide consumption.
•
Historical metallurgical test work has been carried out at West Laverton prior
to mining by Ashton. Test work on oxide samples reported 9.8% gravity Au
recovery and high (+92%) recovery from cyanidation. Transitional samples
had an 89.9% recovery post 24hr cyanidation. Milling data was unavailable as
ore had been blended with other sources. In 2009 Crescent gold
commissioned a series of test work on oxide, transitional and fresh ore
samples from West Laverton. Test work included gravity separation and direct
cyanidation, rock properties for mill performance on two diamond composite
samples and mineralogical studies on gold bearing samples by thin section
and XRD. The samples for gold extraction indicated gravity gold recovery ~
20% and high total extraction of +94% for all ore weathering types.
•
Gladiator test work was conducted on samples by Asthon prior to mining in
1989 using Normet Pty Ltd and again in April 1991 using Ammtec and Murrays
was tested in May 1991 but was not included in the WAMEX reports.
Gladiator/Murrays ore was blended during milling and data is unavailable.
•
At Craigiemore and Mary Mac metallurgical test work was carried out by
AMMTEC on behalf of Hill Minerals NL in February 1989. Crescent Gold also
carried out test work through AMMTEC prior to mining commencing at both
Craigiemore and Mary Mac. With recoveries over 94%. A mineralogical analysis
was conducted in June 2010 through AMMTEC. A total of 4 samples from
Craigiemore, representing the main lode and SE lode’s oxide layer and fresh
rock were submitted and showed high gold liberation.
Environmental factors or
assumptions		 •
All deposits have been historically mined by either open pit or underground
methods and existing ground disturbances including haul roads and waste
dumps exist in the area. There are no unforeseen environmental considerations
that would prevent open pit mining from re-commencing in the area.
Bulk density • Density values used across the deposits comes from a mix of diamond core
testing to rock sample test work conducted during the mining process, all test
work using the water immersion SG test.
• Density values were assigned based on weathering profile and/or
mineralisation or waste classification.
• Along the Chatterbox within the mineralised lodes an average t/m3 of 1.82 was
used in oxide, 2.54 Transitional and 2.75 Fresh. In the waste an average t/m3
of 1.8 was used in oxide, 2.34 Transitional and 2.75 Fresh.
• At West Laverton density values were assigned based on weathering profile
using the average results from 2008 test work. The water immersion SG test
work was conducted on diamond core samples collected from two Crescent
diamond holes. However, no fresh rock was encountered and an average SG
for fresh basalt was applied. An average SG of 2.1t/m3 for oxidised, 2.24 t/m3
for transitional material and 2.70 t/m3 for Fresh rock were applied.
• Gladiator used average densities applicable to the region after a review of the
figures used by Ashton during mining to be too high given the more recent
mining by Crescent at nearby deposits. An average SG of 1.80t/m3 for
oxidised, 2.40 t/m3 for transitional material and 2.75 t/m3 for Fresh rock were
applied.
•
CM/MM density values were assigned based on weathering profile and rock type
using water immersion SG test work on rock samples collected during Crescent
mining operations. In the Mafic units an average t/m3 of 1.84 was used in oxide,
2.49 Transitional and 2.78 Fresh. In the BIF formation an average t/m3 of 2.2
was used in oxide, 2.5 Transitional and 3.1 Fresh.
Classification • Material has been classified Indicated and Inferred based on a number of
criteria such as geological continuity, drill hole spacing, estimation pass and
proximity to the existing open pits.
• Chatterbox blocks within the 12.5m x 12.5m to 25m x 25m close spaced drill
pattern that estimated in the first pass was classified as Indicated. Blocks
where drill spacing increased to 25m x 50m to 50m x 50m and estimated in the
second or third pass were classified as Inferred. Inferred resources are
predominantly at the extents of the deposits and at depth. Rumor was
classified as Inferred given the wet sampling issues and lack of more recent
Crescent/FML drilling. Blocks in areas where the drilling extends to 100m
spacing blocks have not been classified and are used for target generation for
future drill programs.
• Resources along the West Laverton Trend have been classified as Indicated
and Inferred. West Laverton/Rega resources that are within the tight drill
spacing of 10m x 10m to 20m x 15m that primarily filled in the first search pass
have been classified as Indicated. These blocks are mostly in the transitional
weathering zone between and beneath the existing openpits. Inferred

Market Announcement | Page 49 of 50

resources at West Laverton/Rega are the fringe blocks where the drill spacing has increased to 30m x 30m to 30m x 60m and blocks at depth (~ below 85m from surface) with less drill penetration. Bulldog has been classified as Inferred and requires follow up drilling by FML to confirm the historic Ashton drilling.

  • Gladiator resources within the 25m grid drill spacing that predominantly estimated in the first pass were assigned as Indicated. Blocks at depth where drill coverage was patchy and smaller hanging wall lodes supported by less drill holes were assigned Inferred category. Cousin Murray was assigned Inferred given the lack of recent drilling and mining activity. A shape was created at Gladiator West to classify blocks in the predominantly 25m grid drill pattern.

  • Along the entire CM/MM trend Indicated Resources were those unmined blocks within the close drill spacing of 10m x 10m and 20m x 10m, these blocks primarily filled in the first search pass. Blocks that were either in areas of less drill density or at depth along the fringes of the lodes where follow up deeper holes are required were classified as Inferred. The two “gap” lodes north of Craigiemore were primarily assigned Inferred status. Golden Pinnacles resource area has been classified as Inferred and warrants further drilling.

Audits or reviews

  • No external Audits of the mineral resource have been conducted.

  • Discussion of relative • This is addressed in the relevant paragraph on Classification above. accuracy/ confidence • The Mineral Resource relates to global tonnage and grade estimates.

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