GLOBE METALS & MINING LIMITED - Capital/Financing Update 2014

ASX RELEASE

ASX RELEASE 30 June 2013

9 October 2014

Chiziro Graphite Project (100% owned)

Investment Summary

ASX listed resources company (ASX:GBE)
100% interest held on projects in Malawi including niobium, graphite and rare earths
Malawi Kanyika Niobium project in feasibility optimisation

Directors and Management

Non‐Executive Chairperson Ms Alice Wong
Managing Director Mr Alistair Stephens
Executive Director & Deputy CEO
Ms Shasha Lu

Globe Metals & Mining (“ Globe ” or “ the Company ”; ASX:GBE) has completed a trenching programme at the Chimutu Prospect within the Chiziro Graphite Project, situated approximately 25 kilometres northeast of Lilongwe in Malawi. Globe is reporting progressive results of geological, mineralogical and metallurgical analysis.

Seventeen exploration trenches have been completed. The results of the first eight trenches (CZTR001‐CZTR008) were reported to the ASX on the Wednesday 17 September 2014.

Assay results for the next three trenches (CZTR009‐CZTR011) have been received and are now reported.

Highlights

Non‐Executive Director
Mr Jingbin Tian
Independent Non‐executive Director
Mr William Hayden Mr Bo Tan Mr Alex Ko
CFO & Company Secretary Ms Kerry Angel

FPOS 469,729,062 OPTIONS 9,100,000 (various)

Contact

Alistair Stephens Managing Director [email protected] T: +61 08 9327 0700

Best result of 25 m @ 11.9% TGC,
including 10 m @ 19.7% TGC
Intervals greater than 10 metres grading more than 8% total graphitic carbon (TGC) have been identified from three additional trenches
Assay results confirm graphite mineralisation over four kilometres
Visible graphite mineralisation is identified in 17 trenches over six kilometres
Mineralisation remains open‐ended to the northeast
The project is located next to existing road, rail and power infrastructre
Coarse 2‐4mm premium quality graphite flake has been identified from preliminary mineralogical analysis
Concentrate grade of 93% TGC is achievable based on a single metallurgical flotation test

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Location

Globes’ C hiziro Gra p hite project (EPL0299 ) is located approximately 25 kil o metres northeast of Lilongwe, the capital c ity of Mala w i (Figure 1). Globe has identified multiple pote n tial prospe c ts of large scale gra p hite miner a lisation and is currentl y assessing t he Chimutu Prospect i n the south w est of the project area.

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Figure 1: The location of the Chiziro Graphite Project in Malawi.

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Program Designed to Define Graphite Mineralisation

Globe undertook a trench programme of 17 trenches (CZTR001 – CZTR016 & CZTR005A) designed to define graphite mineralisation over a six kilometre strike. A total of 6,266 metres of trenching is complete.

The assays for the remaining three trenches (CZTR009‐ CZTR011) of the Main Trend have been returned and the results are considered encouraging (refer Table 1). The results from an extension Trench CZTR005A and the Musinda Trend trenches (CZTR012 – CZTR016) are yet to be received.

Summary of best graphite results

The trench assays returned to date demonstrate mineralisation of more than 5% TGC over approximately 4,000 metres of strike for the Main Trend, and remains open‐ended to the northeast. Within the 5% TGC envelope, five trenches contain one or more zones of higher grade mineralisation of greater than 8% TGC, (refer Table 1 : Assay Results and Figure 3). The best results over the Main Trend are listed below:

Trench Identity	Selected	intervals of the best graphite mineralisation	intervals of the best graphite mineralisation	(in %TGC)
CZTR002	3m @ 13.9%
CZTR003	9m @ 13.7%	3m @ 10.7%
CZTR004	4m@ 11.0%	4m @ 11.9%	15m @ 11.0%	5m @ 12.4%
CZTR005	3m @ 12.2%	4m @11.3%	4m @11.7%	4m @ 12.7%
CZTR006	13m @ 11.5%
CZTR007	4m @ 12.0%	6m @ 10.3%
CZTR008	4m @ 11.8%	5m @ 11.2%	4m @ 14.5%	5m @ 16.3%
CZTR009	7m @ 10.7%
CZTR010	25m @ 11.9%	including 10m @ 19.7%
CZTR011	8m @ 14.0%

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Graphite Mineralisation extends over 4 kilometres

Figure 2, below, illus t rates the location of tr e nches in the Chimutu P rospect area and the envelope of graphite m ineralisati o n. Assay re s ults comfir m graphite m ineralisation for the M a in Trend o v er a strike length of 4 kilometre s . All assays f rom the M u sinda trend are yet to b e received f r om the lab o ratory and will be re p orted in du e course.

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Figure 2: Plan showing the outline of visible graphite mineralisation in the Main Trend and the Musinda Trend, and the location of trenches.

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Extent of graphite mineralisation over 8% TGC

Figure 3 illustrates th e location and tenor of t h e graphite intersection s to date for the Main Tr e nd. Globe has identified from t renches m o re than 4, 0 00 metres strike length of graphi t e mineralisation with greater t h an 8.0% TG C .

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Figure 3: Plan of the trenches illustrating the extent of graphite mineralisation for the Main Trend at the Chimutu Prospect (also refer Table 1). NB: Newly reported trenches in bold red outline.

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The Project is located close to existing rail and power infrastructure

Globe sta t ed in its rel e ase to the A SX on 17 S e ptember 2 0 14 that the Company is continuing t o evaluate infrastruc t ure and lo g istics options for the C hiziro Proj e ct. It has b e en determ i ned that the Chimutu prospect is located w ithin 10 k i lometres o f a main hi g hway, an o perating r a ilway line c onnecting Lilongwe to the port of Nacala in Mozamb i que and al s o an existi n g 132 kV h igh voltage electricial transmiss i on line (illustrated in Figure 4). Th e availability and close p roximity of this infrastructure will aid devel o pment of a n d support a potential m ining opera t ion.

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Figure 4: Supporting Infrastructure nearby to the Chimutu Prospect.

Preliminary Mineralogical and Metallurgical Analysis

A single r o ck sample w as collected from the C hiziro proj e ct during the Chimutu t renching pr o gram and submitte d for prelim i nary miner a logical and metallurgic a l analysis. T his was undertaken to provide a prelimina r y indicatio n of the lik e ly econom i c potential of the pro j ect by est a blishing th e expected graphite product ty p e and the nature of p rocessing t echniques r equired fo r a potenti a l graphite operation at Chiziro.

Chiziro Flake Size is Indicatively 2‐4mm – Premium Value Product

Mineralo g ical analysis – involvi n g examination of poli s hed sectio n samples u sing a refl e cted light microsco p e – showe d that graphite is presen t as flakes g e nerally 2‐4 mm in leng t h. A photo m icrograph taken du r ing mineralogical examination is s h own in Figure 5. The presence o f these rela t ively large flakes su g gests that a graphite product cont a ining large f lakes is ach i evable by processing t h e Chimutu prospect m ineralisati o n. This has a marked e f fect on the v iability of a potential m ining proje c t, with the

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price of large‐flake graphite products generally yielding significant premiums over small‐flake or amorphous graphite products.

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Figure 5: Photomicrograph of Chimutu Prospect Mineralisation. (bright areas are graphite)

Graphite Concentrate Grade 93%

A single stage rougher‐cleaner flotation test was undertaken where generic test conditions for graphite flotation were adapted. The results showed a concentrate grade of 92.8% TGC is achievable, indicating that a simple and generic graphite processing route is suitable for Chimutu mineralisation. Further metallurgical testwork will allow further development and optimisation of the process, thereby allowing for potential improvements in concentrate grade to be quantified as well as allow an undertstanding of the concentrate grade – graphite recovery relationship.

The sample on which this work was conducted, as well as the mineralogical and metallurgical results from testing cannot be considered representative of the Chimutu prospect mineralisation. The sample was selected on the basis that it appeared to be representative of graphite mineralisation in trenches, however the sample is limited to one sample. The sample is not representative for the extent mineralisation identified but indicative of potential.

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Further Works

Globe has defined a large area of graphite mineralization with high enough grades and indicative metallurgical recovery that warrant further assessment for the possibility of commercial extraction. Globe has designed a drill program to define the tenor and extent of mineralization at depth and along strike and a representative metallurgical sampling program for the optimisation of processing techniques with larger scale test work and potential pilot plant. These programs will be subject to Board budget approval and the accessibility to the project area during the African wet season. The Globe Board has a policy of no exposure and no harm and is monitoring the health risks of its employees and contractors in Africa in consideration of its works programs.

For further information:

Contact:

Alistair Stephens

Managing Director Globe Metals & Mining Ltd Tel: +61 (0) 8 9327 0700

Shasha Lu

Deputy CEO and Executive Director Globe Metals & Mining Ltd Tel: +61 (0) 8 9327 0700

Relevant data and information follows

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Table 1 : Assay Results

Table 1: Summary of Chimutu Prospect TGC Intersections to date

(NB: Results from CZTR001‐008 – in italics – were reported to the ASX on 17 September 2014)

Trench No	Easting	Northing	Azimuth	Length	Intersection	Intersection	Interval	Grade TGC	Highest individual assay (%)	Trend
			(TN)	(m)	From (m)	To (m)	(m)	(%)

CZTR001	607825	8465941	132.0	225.0	12	24	12	5.4	8.6	Main
					202	224	22	5.2	7.4
CZTR002	608187	8466155	127.0	180.0	45	56	11	5.7	11.6	Main
					117	179	62	6.3	19.5
					incl 148	173	25	9.0
CZTR003	608505	8466409	123.0	222.0	13	20	7	5.1	10.4	Main
					67	87	20	5.0	10.6
					114	140	26	10.0	24.9
CZTR004	608799	8466685	133.0	440.0	7	25	18	7.7	12.6	Main
					47	71	24	7.1
					incl 47	53	6	9.3
					incl 62	70	8	9.1
					89	158	69	7.3	18.5
					incl 129	155	26	10.5
					174	209	35	8.0	13.8
					212	244	32	7.0	14.9
CZTR005	609034	8467007	130.0	324.0	6	36	30	8.4	18.8	Main
					139	250	111	6.6	16.2
					incl 157	188	31	8.7
					incl 211	221	10	10.2
CZTR005A	608838	8467164	129.0	253.0			Awaiting Results			Main
CZTR006	609419	8467187	130.0	350.0	83	336	253	5.4	20.9	Main
					incl 83	95	12	9.7
					incl 214	239	25	9.1
					incl 279	292	13	11.5
CZTR007	609693	8467482	128.0	482.0	57	161	104	5.4	18.3	Main
					incl 75	89	14	8.5
					incl 109	127	18	8.1
					incl 155	161	6	10.3
					202	233	31	5.0	10.7
					278	293	15	7.5	16.2
					370	397	27	6.2	16.6
CZTR008	609975	8467769	129.0	290.0	73	85	12	9.3	13.6	Main
					89	103	14	6.9	10.5
					137	159	22	8.1	14.4

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Trench No	Easting	Northing	Azimuth	Length	Intersection	Intersection	Interval	Grade TGC	Highest individual assay (%)	Trend
			(TN)	(m)	From (m)	To (m)	(m)	(%)

					173	188	15	7.5	17.8
					201	217	16	8.3	18.1
					268	280	12	7.9	15.4
CZTR009	610279	8468022	130.0	345.0	72	97	25	8.6	17.4	Main
					145	158	13	7.0	11.4
					186	193	7	5.3	9.3
					272	326	54	5.7	10.8
CZTR010	610493	8468377	135.0	535.0	2	22	20	8.8	18.3	Main
					99	124	25	6.9	11.3
					138	165	27	7.6	13.2
					212	235	23	6.9	12.2
					266	309	43	6.0	8.5
					397	412	15	8.0	16.6
					438	463	25	11.9	31.5
					incl 451	461	10	19.7
					476	486	10	7.2	10.2
CZTR011	610729	8468694	129.0	312.0	19	30.5	11.5	7.4	14.4	Main
					50	66	16	10.7	23.1
					127	150	23	7.5	14.5
					196	207	11	7.1	10.5
					218	239	21	6.5	15.8
CZTR012	609636	8466460	085	900.0	Awaiting Results					Musinda
CZTR013	610052	8466061	086	504.0	Awaiting Results					Musinda
CZTR014	610160	8465656	085	332.0	Awaiting Results					Musinda
CZTR015	610213	8465258	085	316.0	Awaiting Results					Musinda
CZTR016	610250	8464860	084	256.0	Awaiting Results					Musinda

Competent person: The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Fergus Jockel, a competent person who is a Member of The Australasian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists. Fergus Jockel is a full‐time employee of the company and 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’. Fergus Jockel consents to the inclusion in the report of matters based on his information in the form and context in which it appears.

Competent person: The information in this ASX release relating to mineralogical and metallurgical evaluation is based on information compiled by Dr Marc Steffens. Dr Steffens is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and is a full‐time employee of Globe Metals and Mining. Dr Steffens consents to the inclusion in the report of matters based on his information in the form and context in which it appears.

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JORC TABLE 1

Section 1 : Sampling Techniques and Data

Criteria	Explanation	Commentary	Commentary
*Sampling*	• Nature and quality of sampling (eg cut channels,		Channel samples were collected by
*techniques*	random chips, or specific specialised industry		Globe Metals &Mining Ltd on the
	standard measurement tools appropriate to the		floor of each trench. Most of the
	minerals under investigation, such as down hole		samples were derived from saprock.
	gamma sondes, or handheld XRF instruments,		Samples were collected and assayed
	etc). These examples should not be taken as		for Total Graphite Carbon (TGC)
	limiting the broad meaning of sampling.		analysis at the Bureau Veritas
	• Include reference to measures taken to ensure		Inspectorate Laboratories Pty Ltd (BV)
	sample representivity and the appropriate		in Rustenburg, South Africa.
	calibration of any measurement tools or systems		Approximately 2kg samples were
	used.		collected. Bagging and numbering
	• Aspects of the determination of mineralisation		were done in the field to ensure
	that are Material to the Public Report. In cases		representivity of the sampling
	where ‘industry standard’ work has been done		process.
	this would be relatively simple (eg ‘reverse		Sample preparation was carried out
	circulation drilling was used to obtain 1 m		by BV. The samples were acidified and
	samples from which 3 kg was pulverised to		roasted to remove carbonate and
	produce a 30 g charge for fire assay’). In other		organic carbon. The residual carbon
	cases more explanation may be required, such as		was determined by Total Combustion
	where there is coarse gold that has inherent		Analysis (TCA).
	sampling problems. Unusual commodities or
	mineralisation types (eg submarine nodules) may
	warrant disclosure of detailed information.
*Drilling* *techniques*	• Drill type (eg core, reverse circulation, open‐hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or		No Drilling was undertaken as part of this release
	standard tube, depth of diamond tails, face‐
	sampling bit or other type, whether core is
	_oriented and if so, by what method, etc). _
*Drill sample* *recovery*	• Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and		No drilling was undertaken as part of this release
	ensure representative nature of the samples.
	• Whether a relationship exists between sample
	recovery and grade and whether sample bias may
	have occurred due to preferential loss/gain of
	fine/coarse material.
*Logging*	• Whether core and chip samples have been		All trenches were geologically logged
	geologically and geotechnically logged to a level		following Globe Metals and Mining
	of detail to support appropriate Mineral Resource		procedures.
	estimation, mining studies and metallurgical
	studies.
	• Whether logging is qualitative or quantitative in
	nature. Core (or costean, channel, etc)
	photography.
	• The total length andpercentage of the relevant

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	intersections logged.
*Sub‐sampling*	• If core, whether cut or sawn and whether quarter,	•	Field Duplicates were collected from
*techniques and*	half or all core taken.		all trenches averaging an interval
*sample*	• If non‐core, whether riffled, tube sampled, rotary		spacing of 50 samples.
*preparation*	split, etc and whether sampled wet or dry.		At BV the samples were sorted, dried
	• For all sample types, the nature, quality and		and weighed. Primary preparation
	appropriateness of the sample preparation		involved crushing the whole sample.
	technique.		Sample splitting was done through a
	• Quality control procedures adopted for all sub‐		riffle splitter to obtain a sub‐fraction
	sampling stages to maximise representivity of		later pulverised in a vibrating
	samples.		pulveriser.
	• Measures taken to ensure that the sampling is
	representative of the in situ material collected,
	including for instance results for field
	duplicate/second‐half sampling.
	• Whether sample sizes are appropriate to the grain
	size of the material being sampled.
*Quality of*	• The nature, quality and appropriateness of the		All channel samples were assayed for
*assay data and*	assaying and laboratory procedures used and		TGC at the ISO 17025 accredited
*laboratory*	whether the technique is considered partial or		Bureau Veritas Inspectorate
*tests*	total.		Laboratories Pty Ltd in South Africa.
	• For geophysical tools, spectrometers, handheld		Internal Laboratory Standards were
	XRF instruments, etc, the parameters used in		assayed every 25 samples and
	determining the analysis including instrument		Internal Repeats were performed on
	make and model, reading times, calibrations		every 16 samples.
	factors applied and their derivation, etc.		Quality control procedures adopted
	• Nature of quality control procedures adopted (eg		by BV are considered to be adequate.
	standards, blanks, duplicates, external laboratory		The preliminary mineralogical and
	checks) and whether acceptable levels of accuracy		metalurgical tests were undertaken at
	(ie lack of bias) and precision have been		ALS Metallurgy in Perth WA. The tests
	established.		were undertaken using established
			techniques and procedures, and
			undertaken by professionals with
			appropriate expertise.
*Verification of*	• The verification of significant intersections by		Globe Metal& Mining geologists will
*sampling and*	either independent or alternative company		verify all graphite intersections in the
*assaying*	personnel.		field before back‐filling of trenches.
	• The use of twinned holes.		Geological data was initially collected
	• Documentation of primary data, data entry		on paper logs. The collected field data
	procedures, data verification, data storage		was entered by the Exploration
	(physical and electronic) protocols.		geologist into MS Excel spread sheets
	• Discuss any adjustment to assay data.		and emailed to the GIS and Database
			Geologist in Perth for collation and
			storage. This data was categorised
			into: Coordinates, Sample inventory,
			and Geologylog.
*Location of*	• Accuracy and quality of surveys used to locate drill		The start point of all trenches was
*data points*	holes (collar and down‐hole surveys), trenches,		initially determined using a Garmin
	mine workings and other locations used in		GPS. Later all trenches were
	Mineral Resource estimation.		resurveyed by DGPS to an accuracy of
	• Specification of the grid system used.		0.01 metre
	• Quality and adequacy of topographic control.		The grid system is UTM Zone 36
			Southern Hemisphere (WGS84)
			Points alongtrenches were also

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			surveyed for height asl to 0.01 metre
			by DGPS.
			The azimuth of the trenches was
			determined using a compass.
			Sampling locations along trenches
			were determined bymeasuringtape.
*Data spacing*	• Data spacing for reporting of Exploration Results.		The trenches are at 400m spacing and
*and*	• Whether the data spacing and distribution is		samples were collected at 1m interval
*distribution*	sufficient to establish the degree of geological and		in graphitic zones and at 2 m interval
	grade continuity appropriate for the Mineral		in zones considered to be non‐
	Resource and Ore Reserve estimation		mineralised or not of economic
	procedure(s) and classifications applied.		interest (medium grained graphite,
	• Whether sample compositing has been applied.		etc.).
*Orientation of*	• Whether the orientation of sampling achieves	•	Trenching was conducted across two
*data in*	unbiased sampling of possible structures and the		geological structures: Main Zone and
*relation to*	extent to which this is known, considering the		Musinda Zone. The former strikes NE‐
*geological*	deposit type.		SW and the trenches were oriented
*structure*	• If the relationship between the drilling orientation		perpendicular to the structure.
	and the orientation of key mineralised structures		Musinda Zone trends north‐south and
	is considered to have introduced a sampling bias,		the trenches run east‐west.
	this should be assessed and reported if material.
*Sample*	• The measures taken to ensure sample security.		Chain of custody for Globe Metal and
*security*			Mining trench samples samples was
			managed in the field by the geology
			manager. Samples were collected
			from the Lilongwe office in Malawi by
			MANICA (a freight company in
			Malawi) for delivery to Bureau Veritas
			in South Africa.
*Audits or*	• The results of any audits or reviews of sampling		No audit of data has been completed
*reviews*	techniques and data.		to date

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Section 2 : Reporting of Exploration Results

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

Criteria Explanation	Commentary
*Mineral* *tenement and* *land tenure* *status* • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	Chiziro Graphite Project  Exploration is conducted within EPL0299/10 which is 100% held by Globe Metals and Mining Ltd. The EPL covers an area of 1,098km2.  The tenement is in good standing and no known impediments exist.
*Exploration* *done by other* *parties* • Acknowledgment and appraisal of exploration by other parties.	 A feasibility study concluded at Katengeza prospect during the early 1990s (though the workers could not be established) delineated 2 700 000 t of graphite ore averaging 5.8% carbon (157 000t contained carbon) and of this resource 1 700 000 t is proven. The methodology applied during resource estimation remains unknown and it does not comply with best practice international standards, e.g., JORC, NI43‐101.  In 1995 Little Belt Consulting Services on behalf of Industrix (Malawi) and Cachet (Canada) estimated 1 300 000 t probable and 650 000 t proven in Chimutu prospect. Compliance with criteria for public reporting of mineral resources and mineral reserves could not be verified and it does not comply with best practice international standards, e.g., JORC, NI43‐101.
*Geology* • Deposit type, geological setting and style of mineralisation.	The licence area is underlain by gneisses, schists and granulites which belong to the Basement Complex, and forming part of the Malawi Province of the Mozambique belt. Graphitic granulites and graphitic schists have been mapped throughout the licence area. This basement package was intruded by pegmatite bodies (dykes and sills). Metamorphosed mafic and ultramafic rocks have been observed in very few areas. Field evidence has supported that the basement rocks were subjected to upper amphibolite metamorphism as well asgranulite

==> picture [141 x 51] intentionally omitted <==

facies.

			facies.
			The majority of the Chiziro project is
			covered by thick surficial deposits
			including residual soils, alluvium and
			colluvium which are believed to have
			formed due to prolonged weathering
			since mid‐Tertiary.
			The basement rocks are complexly
			deformed but the pegmatite bodies
			are massive and undeformed.
*Drill hole* *Information*	• A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: • easting and northing of the drill hole collar • elevation or RL (Reduced Level – elevation		MAT Consulting, based in Malawi, was contracted to carry out precise surveying of the trenches using a DGPS. The survey work was completed by mid‐August 2014.
	above sea level in metres) of the drill hole
	collar
	• dip and azimuth of the hole
	• down hole length and interception depth
	• hole length.
	• If the exclusion of this information is justified on
	the basis that the information is not Material
	and this exclusion does not detract from the
	understanding of the report, the Competent
	Person should clearly explain why this is the
	case.
*Data*	• In reporting Exploration Results, weighting	For determining the reported intersections the
*aggregation*	averaging techniques, maximum and/or		following criteria was used;
*methods*	minimum grade truncations (eg cutting of high		8% TGC average.
	grades) and cut‐off grades are usually Material		Minimum width 10m
	and should be stated.		Maximum internal dilution 5m <8%, as
	• Where aggregate intercepts incorporate short		long as overall intersection averages
	lengths of high grade results and longer lengths		>8%
	of low grade results, the procedure used for such		Rounding off to one decimal place
	aggregation should be stated and some typical		after calculation.
	examples of such aggregations should be shown		No top cut was applied
	in detail.
	• The assumptions used for any reporting of metal
	equivalent values should be clearly stated.
*Relationship*	• These relationships are particularly important in		The relationship between the reported
*between*	the reporting of Exploration Results.		intersections and the dip of the
*mineralisation*	• If the geometry of the mineralisation with		mineralisation is unknown as the
*widths and*	respect to the drill hole angle is known, its		results are from horizontal trenches
*intercept*	nature should be reported.		with no inclination.
*lengths*	• If it is not known and only the down hole lengths
	are reported, there should be a clear statement
	to this effect (eg ‘down hole length, true width
	_not known’). _
*Diagrams*	• Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These		Appropriate maps are included in the body of the report
	should include, but not be limited to a plan view
	of drill hole collar locations and appropriate

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	sectional views.
*Balanced* *reporting*	• Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high		Reporting of results in this report is considered balanced.
	grades and/or widths should be practiced to		All results have been reported
	avoid misleading reporting of Exploration
	Results.
*Other*	• Other exploration data, if meaningful and
*substantive*	material, should be reported including (but not
*exploration data*	limited to): geological observations; geophysical
	survey results; geochemical survey results; bulk
	samples – size and method of treatment;
	metallurgical test results; bulk density,
	groundwater, geotechnical and rock
	characteristics; potential deleterious or
	contaminating substances.
*Further work*	• The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large‐scale step‐out drilling).		Follow up programs depends on the results of the current trenching
	• Diagrams clearly highlighting the areas of		program.
	possible extensions, including the main
	geological interpretations and future drilling
	areas, provided this information is not
	commercially sensitive.

ENDS

AI assistant

GLOBE METALS & MINING LIMITED Capital/Financing Update 2014

64965_rns_2014-10-08_a77c8213-c0d6-4f18-ba28-9e0ad97b4520.pdf

ASX RELEASE

ASX RELEASE 30 June 2013

9 October 2014

Chiziro Graphite Project (100% owned)

Investment Summary

Directors and Management

Highlights

Contact

Location

Program Designed to Define Graphite Mineralisation

Summary of best graphite results

Graphite Mineralisation extends over 4 kilometres

Extent of graphite mineralisation over 8% TGC

The Project is located close to existing rail and power infrastructure

Preliminary Mineralogical and Metallurgical Analysis

Chiziro Flake Size is Indicatively 2‐4mm – Premium Value Product

Graphite Concentrate Grade 93%

Further Works

For further information:

Contact:

Alistair Stephens

Shasha Lu

Table 1 : Assay Results

JORC TABLE 1

Section 1 : Sampling Techniques and Data

Section 2 : Reporting of Exploration Results

AI assistant

GLOBE METALS & MINING LIMITED — Capital/Financing Update 2014

64965_rns_2014-10-08_a77c8213-c0d6-4f18-ba28-9e0ad97b4520.pdf

ASX RELEASE

ASX RELEASE 30 June 2013

9 October 2014

Chiziro Graphite Project (100% owned)

Investment Summary

Directors and Management

Highlights

Contact

Location

Program Designed to Define Graphite Mineralisation

Summary of best graphite results

Graphite Mineralisation extends over 4 kilometres

Extent of graphite mineralisation over 8% TGC

The Project is located close to existing rail and power infrastructure

Preliminary Mineralogical and Metallurgical Analysis

Chiziro Flake Size is Indicatively 2‐4mm – Premium Value Product

Graphite Concentrate Grade 93%

Further Works

For further information:

Contact:

Alistair Stephens

Shasha Lu

Table 1 : Assay Results

JORC TABLE 1

Section 1 : Sampling Techniques and Data

Section 2 : Reporting of Exploration Results

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GLOBE METALS & MINING LIMITED Capital/Financing Update 2014