G11 RESOURCES LIMITED — Interim / Quarterly Report 2015

Apr 28, 2015

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Highlights

• The Company continues to preserve cash funds to the extent possible

• The Company is actively looking for new investment opportunities

March Quarter Activities

The Company continues, to the extent possible, the minimisation of ongoing expenditure, to preserve funds whilst the Board assess the strategic development of the Company moving forward. The Board are actively exploring new investment opportunities with strong growth potential. The Company is in a strong position to attract new projects having a tight shareholding, low expenditure obligations and with a solid cash position. The tenement exploration portfolio contains attractive nickel and gold targets in the world-class Kalgoorlie mining district of Western Australia. Total expenditure for the period was $46,000 and the Company’s cash position at the end of the period is $836,000.

As previously announced in the December 2014 Quarterly Activities Report, the Company has several drill-ready, strong electromagnetic targets to test for nickel mineralisation near the Black Swan Nickel Deposit. In addition the Company has drill-ready gold targets to follow up at its advanced Lawson Gold Prospect (refer to 9/2/11 ASX release for background). The Company has held talks and exchanged data with third parties interested in joint venture farmin arrangement to test these targets as a means of leveraging ongoing future exploration costs. No new ground exploration activities were undertaken by the Company during the reporting period.

Competent Persons Statement: The information in this report that relates to Exploration Targets and Exploration Results is based on information compiled by Mr Peter Reid, who is a Competent Person, and a Member of the Australian Institute of Geoscientists. Mr Reid is an Executive Director and part time contractor to Lawson Gold Ltd. Mr Reid has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Reid consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.