ASX: ONX ANNOUNCEMENT

LIMITED

2 September 2021

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ORMINEX SECURES TRANSFORMATIONAL ACQUISITION OF HIGH-GRADE GOLD PROJECTS IN WORLD-CLASS LOCATION OF QUEBEC, CANADA

Two significant high-grade exploration properties in the prolific Abitibi Greenstone Belt and including an historic underground mine

Orminex Limited (ASX: ONX) (‘the Company ’ or ‘ Orminex ’) is pleased to announce it has entered into definitive agreement with Nippon Dragon Resources Inc. (TSX-V: NIP) (‘the Vendor ’ or ‘ Nippon ’) to acquire a 100% interest in the Rocmec gold project and the Denain gold project, located in the highly sought-after and mining-friendly Abitibi Belt region of Tier-1 jurisdiction Quebec, Canada.

HIGHLIGHTS

➢ Historic NI43-101 resource at Rocmec of 2.1Mt @ 7.1g/t for 479koz gold, including 570kt @ 6.52g/t for 120koz classified as measured/indicated (note: non-JORC “foreign estimate”)[1]
➢ Immediate follow-up drill targets identified at both Rocmec and Denain to unlock the significant upside which remains open at depth and along-strike
➢ Projects introduced by highly-regarded mining executive and geologist - Simon Lawson, a proven “finder” and developer of company-making assets who joins the Company as an adviser with a particular focus on project geology
➢ Projects underexplored, with no significant exploration conducted over past decade
➢ Multiple lode systems at Rocmec associated with the Labyrinthe Lake Fault, a regional structure hosting significant mineralisation over strike of 4.6km
➢ Historic high-grade Rocmec underground mine that remains ventilated and dewatered for immediate access to drill platforms and resource growth potential
➢ Established and experienced in-country team well-advanced on drill permitting and to facilitate Canadian operations rapidly
➢ Additional emerging Denain project, host to two prominent lodes outcropping at surface
➢ Company to complete placement of $8m and share purchase plan of $1.5m to fund acquisition and aggressive exploration, expected to commence in December quarter 2021

1 Cautionary Statement: the estimates of mineralisation in respect to the Rocmec and Denain gold projects reported in this announcement are “foreign estimates” for the purposes of the ASX Listing Rules, and accordingly:

the estimates are not reported in accordance with the JORC Code;

• a competent person has not done sufficient work to classify the foreign estimates as mineral resources or ore reservices in accordance with the JORC Code; and

• it is uncertain that following evaluation and/or further exploration work that the foreign estimates will be able to be reported as mineral resources or ore reserves in accordance with the JORC Code.

Full disclosures required by Listing Rule 5.12 are contained in Schedule 3 to this announcement.

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Non-Executive Chairman of Orminex, Mr Dean Hely, commented that the acquisition of the Rocmec and Denain gold projects has established the platform for an exciting period of growth for the Company.

“Over the past 6 months, Orminex has worked hard to introduce these gold assets to our portfolio to complement the existing joint ventures at Comet Vale and Penny’s Find.

Securing the purchase of Rocmec and Denain aligns with our strategy of acquiring assets in Tier-1 jurisdictions that allow us to use the proven skillset of our current team in unlocking previously unrealised value from high-grade gold projects.

We are excited by the ability to rapidly commence exploration at both projects and have identified a swift pathway to generate JORC 2012 resource estimates for Rocmec and Denain.

As a result of our diligence process, we are confident about our ability to deliver significant resource upside opportunities we have recognised.

The increased level of activity we see from both small and large cap companies in the Abitibi Belt region of Ontario and Quebec, both in exploration and M&A, is an indication of the value of the Orminex acquisitions in this world-class jurisdiction.”

LOCATION, INFRASTRUCTURE AND TENURE

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Figure 1 - Project Locations in Quebec, Canada

The Projects are 230km apart along Highway 117 and situated in a world class mining jurisdiction with numerous proximal towns, including the renowned Timmins, readily providing skilled labour and

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support services to mining and exploration activities. Multiple toll-milling opportunities have been identified within acceptable haulage distances of both Projects.

The Rocmec Project is located 35km west of the town of Rouyn-Noranda, situated at the Ontario/Quebec border, and comprises 34 Claims and 1 Mining Lease across an area of 14.1sqm. Yearround access is readily provided by a 16km all-weather road off Highway 117 and neighbouring historical mine Kerr-Addison produced over 11Moz of gold prior to closure in 1996. The historical Rocmec underground mine is dewatered, powered and ventilated, with all three developed levels remaining accessible and many stoping blocks still existing in-situ. Surface infrastructure includes a workshop, office facilities, diesel generators and compressors that are form part of the acquisition.

The Vendor, Nippon Dragon Resources Inc., is a Canadian company currently listed on the TSX Venture Exchange (TSX-V) under ticker code ‘NIP’. Nippon specializes in the exploration of precious metals in mining sites located in Quebec, Canada.

Nippon currently holds an 85% interest in the Denain gold project, with the ability to earn the remaining 15% interest by undertaking qualifying expenditure on the project. The CAD$1,085,000 which is to be employed for expenditure under the terms of the acquisition will be qualifying expenditure, and therefore will enable Nippon to acquire a 100% interest in the Denain gold project, then to be acquired by Orminex. Nippon holds a 100% interest in the Rocmec project.

Nippon has owned the Project since 2005 and invested over CAD$33m into rehabilitation, infrastructure, exploration and primarily the development of their hybrid mining technology involving ‘thermal fragmentation’.

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Figure 2 - Rocmec underground mine portal access (current)

The Denain Project is located 60km east of the town of Val d’Or, a gold camp that has produced over 20Moz to date. The tenure comprises 13 Claims across an area of 3.6km and neighbouring historical

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mine Chimo produced 380koz of gold, with current owners Cartier Resources (TSX-V: ECR) declaring a 2021 updated resource of over 2Moz (refer to Cartier Resources TSX announcement 23 March 2021).

ROCMEC GEOLOGICAL SETTING

Regional Geology

The Rocmec Mine (or Russian Kid Mine) is located within the Abitibi Terrane (specifically the Abitibi Greenstone Belt) part of the large crustal-scale Superior Craton. The property is specifically located on the eastern side of the Quebec border, Canada within the Abitibi greenstone belt roughly halfway between Kirkland Lake, Ontario and Rouyn-Noranda, Quebec.

The immediate area is composed of rhyolites and andesites of the Blake River Group of Archean age (2.7Ga) part of the larger Noranda Complex. According to Goodwin (1977) the area is part of the Misema sub-group of calc-alkalic composition and of predominantly mafic to intermediate rocks. The rocks are cut by pre- and syn-tectonic masses of intrusives with regionally gabbroic-dioritic to locally syenitic composition. Peak metamorphism appears to be greenschist facies within the area and numerous younger Proterozoic diabase dykes cut across all the geological formations.

The Rocmec property is located between the regional-scale east-west Destor-Porcupine fault zone to the north and the equally extensive Cadillac-Larder Lake fault zone to the south. The high-grade goldbearing mineralisation around the property and host to the mine is associated with the kilometrescale east-northeast west-southwest (ENE-WSW) trending Labyrinthe Fault system which appears to a subordinate structure to the larger systems to the north and south or possibly even an extension to the Larder Lake fault system itself.

Local Geology of the Rocmec Mine

The host rock is a differentiated intrusive sill of several kilometres in known length and almost 600 metres in width. The sill is oriented ENE-WSW along the axis of Labyrinthe Fault system and is made up of several lithological faces passing from gabbro to diorite and quartziferous diorites to felsic rocks of granodioritic to tonalitic composition. In general, the more mafic facies are encountered along the northern extent of the sill. Gold mineralisation is mainly distributed in the altered and sheared diorite roughly parallel to E-W fractures/shears within the rock-mass. Mineralisation is cross-cut in several places by transverse N-S faults with predominantly weak displacements. A few more important transverse faults produce relative displacements of more than 30m (e.g. El Coco fault). Diorites, representing 80% of the total rock-mass at Rocmec, are coarse-grained, massive to porphyritic containing feldspars and prismatic amphibole automorphs and sometimes magnetic due to the presence of inherent magnetite content (up to 10%).

Orientation of the mineral-bearing structures varies from 070 to 090 with dips ranging from 55 to 80 to the south. The dislocations caused by the N-S transverse faults coupled with intense E-W shearing forces acting along planes of weakness within and between the various layered lithologies explains the formation of stacked lodes or panelled mineralisation within the adjacent rock-mass. These panelled lodes consist of fractures and tension veins within the shear zones and are highly silicified, foliated and characterized by fine-grained cataclastic to mylonitic textures containing visible or pulverized fragments. The mineral-bearing zones are generally strongly silicified and consist of finegrained and foliated rocks where hydrothermal fluids rich in sulphur have modified the chemistry of the host diorites into quartziferous diorites and rocks of tonalitic and trondhjemitic composition.

Alteration is characterised by strong silicification, carbonatization and moderate sericitization, as well as weak chloritization in the pyritized shear zones. Seritization is more prevalent in the granodioritic

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and tonalitic facies while chloritization is more often found in gabbroic facies. Alteration envelopes vary from a few metres to up to 40 metres into the surrounding rock-mass adjacent the mineralised shear structures. Quartz veining associated with mineralised shear zones is commonly marked by silicification, epidotization and chloritization. Pyrite-rich zones are altered to limonite in the oxidised environment close to surface.

Mineral Deposit characterisation

The gold-bearing veins of the Rocmec mine are typical of many shear-hosted narrow-vein gold deposits in Archean greenstone belts from across the world (Abitibi, Flin Flon, Yellowknife belts, Canada; Rattlesnake Hills and Seminoe Mountains belts in the United States; and the Pilbara and Norseman-Wiluna belts in Australia). At Rocmec quartz-carbonate veins hosting gold mineralisation form tabular to lenticular clusters in the central portions of pre- to syn-tectonic emplaced shear zones with the veins oriented parallel or slightly oblique to the structural host.

The shear zones hosting Rocmec are regionally continuous on kilometre-scale with a local-scale anastomosing nature meaning splays and vein intersections are common. Early work defined several apparently discontinuous vein systems, however, with further drilling and mining of the deposit during the latter part of the last century the true scale of the deposit has evolved into the regional-scale opportunity it now represents. For simplicity, the deposit is considered a structure-dominant shearhosted narrow-vein gold deposit.

Mineralisation

In general, gold mineralisation is associated with fine to medium-grained disseminated pyrite in the shear zones and breccias affecting the diorite, with pyrite content ranging from 2% to 10%. Numerous weakly pyritized small quartz veins are found in the metre-scale shear zones and range from a few centimetres to metre-scale containing visible gold as well as variable accessory scheelite and minor chalcopyrite and silver mineralisation.

Gold mineralisation is typically highest in concentration in massive pyritised bands commonly found vein parallel on or immediately adjacent to the margin of quartz veining within the host shear zones. Visible gold is typically found associated with the massive pyrite bands in quartz veining containing finely disseminated pyrite grains and chlorite alteration.

Mineralisation is open along-strike to the east and west of the mine and down-dip below the current workings and drilled extent. As with many other global examples there appears to be several highgrade concentrations or broad (100’s metre-scale) plunging mineralised shoots apparent within the available data. These mineral concentrations are most likely associated with broad longitudinal flexures within the axis of the deposit creating favourable depositional conditions during the mineralising event(s).

Additionally, the last major drilling campaign at Rocmec in 2006 defined a mineralised structural system to the north of the main mine area striking more southerly in orientation back towards the projected western extension of the main WSW-ENE oriented shear zone. This system is known as the Boucher structure and consists of several parallel mineralised veins possibly hosted in its own unique shear system running slightly oblique to the main mine shear system. The regional-scale Labyrinthe Fault situated somewhere to the north of the Rocmec mine runs parallel to the Boucher structure orientation and it may be that Boucher is a subordinate structure of the Labyrinthe Fault. The Labyrinthe Fault, its extensions and subordinate structures extend west across the border into Ontario with many known gold and polymetallic deposits along its extent. If Boucher is truly part of that

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broader regionally mineralised system, it links to the local-scale Rocmec mine which in turn has implications for true regional-scale gold camp potential around the Rocmec mine.

The first holes into the Boucher structure intercepted it at around 165m into the footwall of the main mine rock-mass with subsequent intercepts defining the WSW-ESE orientation. The mineralisation is very similar to that seen at the Rocmec mine but with higher gold grades, wider mineralised zones, and a higher volume of quartz veining. Visible gold is very commonly seen in the Boucher structure veins so much so that specialised sampling procedures were implemented to accommodate the far higher variability in gold assays.

Exploration work

From first discovery in 1924 to 1985, 23,200m of drilling across 166 drillholes were conducted across the Rocmec property. For the next 20 years to 2005 no further significant exploration work was conducted as the Russian Kid (now Rocmec) mine was developed and ownership changed several times. From 2005 to 2010 the current owners conducted approximately 12,300m of exploration drilling, including discovery of the significant high-grade Boucher structure in 2006.

Over the last decade there has been little exploration work conducted at Rocmec as the current owners focussed on funding and optimising their proprietary mining technology using the Rocmec 1 mine as a demonstration platform.

For relevance, in 2006 the gold price was approximately USD$600 per ounce and currently the gold price is approximately USD$1,800 per ounce. This threefold increase in the price of gold over the preceding 15 years since the last major exploration campaign elicited a significant discovery at the property strongly illustrates a multiplier opportunity for potential exploration success at Rocmec.

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Figure 3 - Visible gold in Boucher core

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DENAIN GEOLOGICAL SETTING

The Denain property is underlain mainly by volcanic and sedimentary rocks of the South-eastern Abitibi Greenstone belt, near the eastern termination at the Grenville Front and is situated on the Cadillac-Larder Lake fault that hosts multiple significant gold operations including Canada’s largest operating open pit gold mine, Canadian Malarctic.

The volcanic rocks consist of an assemblage of coarse rhyolitic fragmental quartz-feldspar porphyry (both intrusive and extrusive), epiclastic sediments and water lain felsic tuffs. Mafic to intermediate flow rocks are described as polymictic agglomerates which contain a variety of angular clasts of dominantly felsic composition including quartz porphyry and numerous sulphide-rich lithologies.

Mineralisation consists of narrow dark grey smoky quartz veins typically containing from 5 to 20% combined pyrite and chalcopyrite but locally exceeding 50% and becoming essentially massive sulphide. These veins were emplaced within fractures or late shears in the felsic volcanics developed parallel to the principal schistosity.

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Figure 4 - Denain significant historical results

TRANSACTION SUMMARY

Orminex has entered into definitive agreements to acquire 100% interest in the Rocmec gold project and the Denain gold project from Nippon. The key acquisition terms are as follows:

Total cash consideration of CAD$5,000,000 (approximately A$5,420,000)[2] payable to Nippon in three tranches:
CAD$2,000,000 on the Commencement Date (anticipated for approximately 29 October 2021) (the Initial Amount);
CAD$1,500,000 payable 6 months thereafter (the Second Amount); and
CAD$1,500,000 payable 6 months thereafter (the Final Amount).

2 Based on the prevailing Reserve Bank of Australia CAD:AUD conversion rate of 0.9227 : 1.

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Orminex will take operational control of the projects immediately at Commencement Date
Legal ownership will transfer upon payment of the Final Amount; from the Commencement Date, transfer deeds will be executed and kept with a third-party escrow agent in accordance with Canadian mining exploration industry practice
Standard termination provisions apply in the case of non-performance or default by the parties
In order to satisfy Canadian-law expenditure requirements, Orminex will pay CAD$1,085,000 (approximately A$1,180,000) into an escrow account at the Commencement Date, to be employed at Orminex’s direction for exploratory drilling on the projects prior to 31 December 2022
Orminex will grant Nippon a 1% net smelter royalty on revenue received from certain individual veins present on the gold projects. Orminex will have the ability to purchase one half of this royalty for CAD$1,000,000
Orminex will provide Nippon with 4,500 oz of gold within 48 months of Commencement Date, which may be satisfied from gold extracted from the projects, physical gold obtained from another source (for example from purchase on the open market), or by cash equivalent (calculated by reference to the prevailing 28-day moving average gold price published by the London Bullion Market Association)
Nippon will be granted access to the projects, at the discretion of Orminex, for a period of 48 months to enable Nippon to demonstrate its patented ‘thermal fragmentation’ technology. Nippon may extract product from the existing stockpile (estimated at approximately 3,000 tonnes) on the Rocmec project (with no maximum on the amount which may be extracted) and to retain 100% of any revenue received on the sale product so extracted (less any costs incurred by the Company in relation to such extraction, if any), in return for granting the Company a net smelter royalty of 10% on any gold extracted from the projects after the first 900 ounces
ASX has confirmed to the Company that Chapter 11 approvals are not required
The transaction is conditional on receipt by Nippon of all necessary third party, shareholder and regulatory consents or approvals. It is expected that the necessary approvals will be obtained by the end of October 2021

As discussed on page 1 of this announcement, Mr Simon Lawson introduced the project to the Company, and is to be engaged as an adviser to the Company going forward. The Company and Mr Lawson are in discussions regarding the terms on which Mr Lawson will be engaged, including with respect to his remuneration. No agreement as to these matters has yet been reached. If any agreement contemplates the issue of securities, it will remain subject to all necessary ASX and shareholder approvals. The Company will make an announcement to the market when any agreement is reached.

CAPITAL RAISE

Orminex is pleased to advise that it has received firm commitments to raise $8 million (before costs) via the issue of 266,666,667 new ordinary shares at an issue price of $0.03 per share ( Placement ).

The Placement was oversubscribed with the Company receiving strong support from existing major shareholders and new sophisticated investors.

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Further demonstrating the strong support for the project, each of the Company’s directors have subscribed under the Placement, for a collective total of $580,000, subject to shareholder approval at the Company’s upcoming 2021 annual general meeting.

In addition, PT Amman Mineral Internasional ( AMI ) has subscribed for $1 million in shares under the Placement. As announced to ASX on 19 August 2020, AMI previously paid a deposit of $1 million to the Company in relation to a potential transaction with respect to an epithermal gold project asset in Indonesia. As announced to ASX on 29 July 2021, after having extended the exclusivity period for the potential transaction to 30 July 2021, the parties agreed to let the exclusivity period lapse, meaning that the deposit was to be paid back by the Company to AMI within 30 days. AMI has now elected to apply the deposit to subscribe under the Placement.

Canaccord Genuity (Australia) Limited ( Canaccord ) acted as Lead Manager to the Placement. Fees to Canaccord include a capital raising fee of 4% and management fee of 2% of the gross proceeds of the offer. In addition, the Company has agreed to issue Canaccord 15,000,000 options with an exercise price equal to a 50% premium to the price of the offer (i.e., $0.045), and expiring 3 years from issue date. The issue of the options are subject to shareholder approval.

The Placement is subject to shareholder approval under Listing Rule 7.1 (and, with respect to the shares proposed to be issued to directors, Listing Rule 10.11), with the Company expected to release a Notice of Meeting for requisite approvals within the coming weeks.

A share purchase plan ( SPP ) will also be offered to existing shareholders to raise up to an additional $1.5 million at an issue price of $0.03 per share. It is expected that the SPP will be completed at the same time as the settlement of the Placement. An SPP Offer Booklet will be released to ASX and sent to Shareholders in the coming weeks with further details as to the details of the SPP, including its opening date.

The proposed timetables for the Placement and the share purchase plan are as follows:

Event	Timeline
Record Date for SPP	1 September 2021
Announcement of Placement and SPP and lodgement of Appendix 3B	2 September 2021
Closing date under SPP*	27 October 2021
*Annual General Meeting **	28 October 2021
Issue of securities under Placement and SPP and lodgement of Appendix 2A*	29 October 2021

*Note: the closing date for the SPP, the AGM date, and the date for the issue of securities are estimated dates only. If these dates change, the Company will make an announcement to ASX.

The proposed use of funds from the capital raising is as follows:

Funds raised	$AUD	%
Placement	8,000,000	84.2%
SPP	1,500,000	15.8%
Total	9,500,000	100%
Allocation of Funds	$AUD	%
Acquisition of Rocmec and Denain tenements	5,420,000	57.0%
Exploration commitment	1,180,000	12.4%
Costs of the offers	490,000	5.2%
Exploration, Development and Working Capital	2,410,000	25.4%
Total	9,500,000	100%

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ANNOUNCEMENT

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The Company’s pro forma capital structure based on the effect of the Placement, SPP, and issue of options to Canaccord, is as follows:

	Ordinary shares	Options
Existing	547,894,524	-
Placement	266,666,667	-
SPP	50,000,000	-
Canaccord options		15,000,0003
Total	864,561,191	15,000,000

Note: as mentioned above, the Company and Mr Simon Lawson are in discussions regarding Mr Lawson’s remuneration as an adviser to the Company, which may result in a proposed issue of securities to Mr Lawson. The Company will make an announce to the market when any agreement is reached.

– END –

Announcement authorised for release by the Board of Orminex Limited.

Investor queries:

Matthew Nixon Chief Operating Officer +61 8 6149 1550

FORWARD-LOOKING INFORMATION

This presentation contains forward-looking information about the Company and its operations. In certain cases, forward-looking information may be identified by such terms as "anticipates", "believes", “should”, "could", "estimates", “target”, “likely”, “plan”, "expects", "may", “intend”, "shall", "will", or "would". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements are subject to risk factors associated with the Company’s business, many of which are beyond the control of the Company. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements.

3 Having an exercise price of $0.045 and expiring 3 years from the issue date.

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– SCHEDULE A LIST OF MINERALISED INTERSECTS OF THE ROCMEC 1 PROPERTY


Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
67Ͳ1	160.42	160.82	0.4	Boucher	12.63	RUͲ03Ͳ08	256.03	256.45	0.42	Boucher 2	0.03
42	247.53	247.83	0.3	Boucher	0.03	RUͲ04Ͳ08	226.77	229.21	2.44	Boucher 2	14.6
RSͲ01Ͳ07	268.22	269.7	1.48	Boucher	0.01	RUͲ06Ͳ30A	248.87	249.32	0.45	Boucher 2	0.01
RSͲ01Ͳ09	342.75	343.56	0.81	Boucher	18.96	RUͲ07Ͳ08	197.21	197.55	0.34	Boucher 2	0.46
RSͲ02Ͳ07	207.57	210.31	2.74	Boucher	3.42	RSͲ11Ͳ10	78.6	79.1	0.5	Boucher 2	0.01
RSͲ02Ͳ09	291	291.5	0.5	Boucher	2.23	RSͲ10Ͳ10	132.85	133.65	0.8	Boucher 2	0.05
RSͲ02Ͳ10	393.56	394.6	1.04	Boucher	6.05	RSͲ03Ͳ10	68.92	69.3	0.38	Boucher 2	0.32
RSͲ03Ͳ07	218.54	219	0.46	Boucher	0.08	RSͲ04Ͳ10	163	163.7	0.7	Boucher 2	0.01
RSͲ03Ͳ09	357.75	358.56	0.81	Boucher	1.13	RSͲ14Ͳ10	52.6	52.9	0.3	Boucher 2	0.21
RSͲ04Ͳ07	199.64	201.17	1.53	Boucher	0.4	35	151	151.5	0.5	Front West	0
RSͲ04Ͳ09	497.86	499	1.14	Boucher	0.41	67Ͳ3	116.13	117.23	1.1	Front West	1.03
RSͲ05Ͳ09	212.4	213.56	1.16	Boucher	5.63	85Ͳ10	84.76	85.1	0.34	Front West	9.08
RSͲ06Ͳ01	490.75	492.2	1.45	Boucher	29.08	85Ͳ12	121.98	123.26	1.28	Front West	8.38
RUͲ01Ͳ08	193.55	194.16	0.61	Boucher	0.07	85Ͳ13	24.87	25.3	0.43	Front West	0.09
RUͲ02Ͳ08	201.17	202.08	0.91	Boucher	13.35	NBͲ17	84.12	85.65	1.53	Front West	1.37
RUͲ03Ͳ08	245.06	245.67	0.61	Boucher	44.91	NBͲ18	63.76	65.2	1.44	Front West	45
RUͲ04Ͳ08	222.81	224.03	1.22	Boucher	22.33	NBͲ20	96.44	100.1	3.66	Front West	0.03
RUͲ06Ͳ30	218.11	218.54	0.43	Boucher	0.45	NBͲ23	85.8	86.87	1.07	Front West	0.34
RUͲ07Ͳ08	190.2	192.02	1.82	Boucher	14.88	RSͲ01Ͳ10	72.46	72.78	0.32	Front West	1.86
RSͲ03Ͳ10	65.36	65.7	0.34	Boucher	0.03	RSͲ02Ͳ10	75	75.35	0.35	Front West	0
RSͲ04Ͳ10	151.33	152.15	0.82	Boucher	0.58	RSͲ03Ͳ09	81.15	81.57	0.42	Front West	3.73
RSͲ05Ͳ10	77.7	78.23	0.53	Boucher	0.84	RUͲ10Ͳ08	59.74	60.05	0.31	Front West	6.33
RSͲ06Ͳ10	105.6	106.05	0.45	Boucher	0.01	RUͲ11Ͳ08	62.64	62.94	0.3	Front West	1.47
RSͲ07Ͳ10	76	77.2	1.2	Boucher	1.48	RUͲ14Ͳ09	68.7	69	0.3	Front West	0.77
RSͲ08Ͳ10	109.1	114.5	5.4	Boucher	2.13	RUͲ15Ͳ09	48.17	48.77	0.6	Front West	0.2
RSͲ09Ͳ10	81.9	82.4	0.5	Boucher	0.32	TFͲ83Ͳ08	72.76	73.12	0.36	Front West	0
RSͲ10Ͳ10	124.35	125.35	1	Boucher	2.19	1	43.56	44.14	0.58	McDowell	0.34
RSͲ11Ͳ10	73	73.55	0.55	Boucher	0.29	3	35.42	35.97	0.55	McDowell	2.06
RSͲ12Ͳ10	45	46.5	1.5	Boucher	0.39	4	31.73	32.95	1.22	McDowell	2.54
RSͲ13Ͳ10	57.6	57.95	0.35	Boucher	0.01	5	37	38.44	1.44	McDowell	3.11
RSͲ14Ͳ10	45.3	45.95	0.65	Boucher	0.58	7	32.86	33.77	0.91	McDowell	2.06
29	91.23	91.63	0.4	Boucher	0.17	10	67.91	68.64	0.73	McDowell	4.11
RSͲ01Ͳ07	285.29	285.75	0.46	Boucher 2	0	11	63.95	64.56	0.61	McDowell	0.03
RSͲ01Ͳ09	401.48	401.92	0.44	Boucher 2	0.04	21	60.05	60.96	0.91	McDowell	12.51
RSͲ02Ͳ07	218.85	220.62	1.77	Boucher 2	35.16	22	40.93	41.76	0.83	McDowell	0.03
RSͲ02Ͳ09	299.02	299.52	0.5	Boucher 2	1.24	24	68.12	68.58	0.46	McDowell	0.69
RSͲ02Ͳ10	405.24	406.07	0.83	Boucher 2	0.31	25	70.41	71.17	0.76	McDowell	0.69
RSͲ03Ͳ07	229.51	230.12	0.61	Boucher 2	1.19	26	70.87	71.63	0.76	McDowell	1.03
RSͲ03Ͳ09	375.42	376.99	1.57	Boucher 2	5.68	29	12.19	12.95	0.76	McDowell	0.03

11 | P a g e

Orminex Limited

ASX: ONX ANNOUNCEMENT

==> picture [51 x 44] intentionally omitted <==

==> picture [119 x 37] intentionally omitted <==

LIMITED 2 September 2021


Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
RSͲ04Ͳ07	206.65	207.42	0.77	Boucher 2	0.54	34	33.04	33.83	0.79	McDowell	1.03
RSͲ04Ͳ09	507.79	508.15	0.36	Boucher 2	0.04	42	162.23	162.76	0.53	McDowell	2.06
RSͲ05Ͳ09	226.2	226.5	0.3	Boucher 2	0.03	51	21.95	22.56	0.61	McDowell	0.03
RSͲ06Ͳ01	519.03	522.8	3.77	Boucher 2	3.92	68	74.68	75.29	0.61	McDowell	2.74
RUͲ01Ͳ08	204.52	204.9	0.38	Boucher 2	0.03	71	56.05	56.45	0.4	McDowell	15.08
RUͲ02Ͳ08	204.83	205.44	0.61	Boucher 2	44.65	81	143.1	143.55	0.45	McDowell	3.8
82	123.6	124.08	0.48	McDowell	14.4	ECHͲ150Ͳ1020	0	1.19	1.19	McDowell	37.32
83	83.64	84.12	0.48	McDowell	0.34	ECHͲ150Ͳ1021	2.8	3.41	0.61	McDowell	31.1
150Ͳ11	41.51	42.43	0.92	McDowell	0.7	ECHͲ150Ͳ1022	1.31	2.23	0.92	McDowell	3.73
150Ͳ9	44.81	45.87	1.06	McDowell	6.3	ECHͲ150Ͳ1023	0.91	2.38	1.47	McDowell	0.31
300Ͳ14	0	0.4	0.4	McDowell	2.74	ECHͲ150Ͳ1024	1.1	2.16	1.06	McDowell	2.49
300Ͳ17	1.22	1.52	0.3	McDowell	23.66	ECHͲ150Ͳ1025	0	1.25	1.25	McDowell	1.24
300Ͳ28	0	0.35	0.35	McDowell	10.58	ECHͲ150Ͳ1026	0	1.01	1.01	McDowell	45
300Ͳ29	0	0.4	0.4	McDowell	3.09	ECHͲ150Ͳ1101	2.16	3.08	0.92	McDowell	2.49
300Ͳ5	83.18	83.5	0.32	McDowell	6.83	ECHͲ150Ͳ1102	2.93	3.38	0.45	McDowell	3.73
300Ͳ6	5.03	5.79	0.76	McDowell	4.2	ECHͲ150Ͳ1103	2.96	3.57	0.61	McDowell	1.55
67Ͳ2	55.44	55.85	0.41	McDowell	1.04	ECHͲ150Ͳ1104	2.19	3.02	0.83	McDowell	20.22
67Ͳ3	259	259.5	0.5	McDowell	0	ECHͲ150Ͳ1105	0	1.62	1.62	McDowell	0.31
67Ͳ4	301.17	302.79	1.62	McDowell	1.03	ECHͲ150Ͳ1106	1.34	2.56	1.22	McDowell	2.94
67Ͳ5	178.03	178.5	0.47	McDowell	4.92	ECHͲ150Ͳ1107	2.32	2.71	0.39	McDowell	6.22
67Ͳ6	207.87	208.7	0.83	McDowell	5.83	ECHͲ150Ͳ1108	1.49	1.98	0.49	McDowell	24.26
67Ͳ7	104.82	107.75	2.93	McDowell	2.06	ECHͲ150Ͳ1109	2.16	2.8	0.64	McDowell	2.73
67Ͳ8	111.92	112.78	0.86	McDowell	1.71	ECHͲ150Ͳ1111	1.74	2.04	0.3	McDowell	0.62
85Ͳ01	153.8	154.81	1.01	McDowell	6.77	ECHͲ150Ͳ1112	0.37	1.1	0.73	McDowell	1.24
85Ͳ02	163.68	164.9	1.22	McDowell	1.37	ECHͲ150Ͳ1113	0.73	1.49	0.76	McDowell	3.11
85Ͳ03	198.09	198.52	0.43	McDowell	7.2	ECHͲ150Ͳ1114	1.25	1.55	0.3	McDowell	3.55
85Ͳ04	179.89	180.9	1.01	McDowell	3.43	ECHͲ150Ͳ1115	0.76	1.62	0.86	McDowell	26.75
85Ͳ05	182.33	185.75	3.42	McDowell	4.85	ECHͲ150Ͳ1133	2.99	3.3	0.31	McDowell	2.17
85Ͳ06	167.15	167.85	0.7	McDowell	3.77	ECHͲ150Ͳ1134	3.23	3.75	0.52	McDowell	4.98
85Ͳ07	140.24	140.6	0.36	McDowell	0.1	ECHͲ150Ͳ1135	1.89	2.65	0.76	McDowell	4.04
85Ͳ08	138.59	139	0.41	McDowell	0.26	ECHͲ150Ͳ1136	1.62	2.32	0.7	McDowell	11.82
85Ͳ10	141.21	141.55	0.34	McDowell	0	ECHͲ150Ͳ1137	0	1.34	1.34	McDowell	2.49
85Ͳ11	100.49	100.98	0.49	McDowell	10.63	ECHͲ150Ͳ1139	1.22	2.1	0.88	McDowell	1.55
85Ͳ12	184.5	184.86	0.36	McDowell	1.71	ECHͲ150Ͳ1140	0.91	1.49	0.58	McDowell	0
85Ͳ13	114.91	115.43	0.52	McDowell	2.4	ECHͲ150Ͳ1141	1.37	2.29	0.92	McDowell	1.55
85Ͳ14	155.3	156	0.7	McDowell	18.51	ECHͲ150Ͳ1142	1.22	1.77	0.55	McDowell	4.35
85Ͳ18	201	201.5	0.5	McDowell	0	ECHͲ150Ͳ1143	1.22	1.62	0.4	McDowell	30.79
CRͲ10	160.81	161.97	1.16	McDowell	2.06	ECHͲ150Ͳ1144	0	0.58	0.58	McDowell	5.29
CRͲ8	67.24	67.79	0.55	McDowell	2.74	ECHͲ150Ͳ1145	0.43	1.28	0.85	McDowell	6.84
CRͲ9	80	80.5	0.5	McDowell	0	ECHͲ150Ͳ1146	0.37	1.37	1	McDowell	1.24

12 | P a g e

Orminex Limited

ASX: ONX ANNOUNCEMENT

==> picture [51 x 44] intentionally omitted <==

==> picture [119 x 37] intentionally omitted <==

LIMITED 2 September 2021


Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
ECHͲ150Ͳ1007	1.74	3.02	1.28	McDowell	2.8	ECHͲ150Ͳ1147	0	0.79	0.79	McDowell	1.24
ECHͲ150Ͳ1008	1.86	2.68	0.82	McDowell	14.93	ECHͲ150Ͳ1148	0	0.7	0.7	McDowell	0.93
ECHͲ150Ͳ1009	2.5	3.35	0.85	McDowell	3.42	ECHͲ150Ͳ1149	0	1.16	1.16	McDowell	0.93
ECHͲ150Ͳ1010	0.98	1.83	0.85	McDowell	8.09	ECHͲ150Ͳ1150	0.82	1.92	1.1	McDowell	1.24
ECHͲ150Ͳ1011	0.94	1.46	0.52	McDowell	1.24	ECHͲ150Ͳ1151	0.61	1.28	0.67	McDowell	1.24
ECHͲ150Ͳ1012	1.83	2.59	0.76	McDowell	0	ECHͲ150Ͳ1156	0.94	2.1	1.16	McDowell	1.55
ECHͲ150Ͳ1013	0	1.77	1.77	McDowell	0.62	ECHͲ150Ͳ1157	0.88	1.65	0.77	McDowell	1.87
ECHͲ150Ͳ1014	0	0.98	0.98	McDowell	31.1	ECHͲ150Ͳ1159	0.64	1.58	0.94	McDowell	21.15
ECHͲ150Ͳ1015	2.29	4.63	2.34	McDowell	45	ECHͲ150Ͳ1160	0.73	1.74	1.01	McDowell	1.55
ECHͲ150Ͳ1016	1.25	2.47	1.22	McDowell	0.31	ECHͲ150Ͳ1161	0	0.55	0.55	McDowell	4.35
ECHͲ150Ͳ1017	1.1	2.1	1	McDowell	0	ECHͲ150Ͳ1162	0	0.46	0.46	McDowell	0.31
ECHͲ150Ͳ1018	1.22	2.1	0.88	McDowell	0	ECHͲ150Ͳ1163	0.58	1.13	0.55	McDowell	1.24
ECHͲ150Ͳ1019	1.16	1.86	0.7	McDowell	0.93	ECHͲ150Ͳ1164	1.43	2.26	0.83	McDowell	1.24
ECHͲ150Ͳ1166	0.98	2.32	1.34	McDowell	1.87	ECHͲ300Ͳ2115	0.55	1.49	0.94	McDowell	3.11
ECHͲ300Ͳ1202	0.64	1.4	0.76	McDowell	14.93	ECHͲ300Ͳ2117	0.37	1.4	1.03	McDowell	9.56
ECHͲ300Ͳ1203	1.28	1.58	0.3	McDowell	5.88	ECHͲ300Ͳ2120	0.4	0.7	0.3	McDowell	45
ECHͲ300Ͳ1204	1.92	2.23	0.31	McDowell	12.44	ECHͲ300Ͳ2123	0	0.88	0.88	McDowell	2.49
ECHͲ300Ͳ1205	1.19	1.5	0.31	McDowell	3.61	ECHͲ300Ͳ2125	0.76	1.74	0.98	McDowell	0.31
ECHͲ300Ͳ1206	2	2.32	0.32	McDowell	3.64	ECHͲ300Ͳ2127	0.61	1.25	0.64	McDowell	2.49
ECHͲ300Ͳ1207	0.79	1.1	0.31	McDowell	40.12	ECHͲ300Ͳ2129	1.58	2.32	0.74	McDowell	17.73
ECHͲ300Ͳ1208	0.73	1.03	0.3	McDowell	6.97	ECHͲ300Ͳ2132	0	0.85	0.85	McDowell	3.42
ECHͲ300Ͳ1209	0.98	1.31	0.33	McDowell	43.85	ECHͲ300Ͳ2134	0	1.22	1.22	McDowell	10.16
ECHͲ300Ͳ1210	1.07	1.65	0.58	McDowell	7.78	ECHͲ300Ͳ2136	0.67	1.71	1.04	McDowell	0.93
ECHͲ300Ͳ1211	2.07	2.5	0.43	McDowell	0.62	ECHͲ300Ͳ2139	0.55	3.11	2.56	McDowell	6.15
ECHͲ300Ͳ1212	2.1	2.65	0.55	McDowell	1.24	ECHͲ300Ͳ2143	0	2.62	2.62	McDowell	6
ECHͲ300Ͳ1213	0.76	1.4	0.64	McDowell	1.55	ECHͲ300Ͳ2147	0	3.54	3.54	McDowell	8.82
ECHͲ300Ͳ1214	0	1.07	1.07	McDowell	1.87	ECHͲ300Ͳ2152	0	0.46	0.46	McDowell	10.26
ECHͲ300Ͳ1215	0.76	1.4	0.64	McDowell	1.55	ECHͲ300Ͳ2154	0	0.52	0.52	McDowell	17.42
ECHͲ300Ͳ1216	0.46	0.82	0.36	McDowell	10.26	ECHͲ300Ͳ2156	0	0.61	0.61	McDowell	18.66
ECHͲ300Ͳ1217	1.34	1.71	0.37	McDowell	6.53	ECHͲ300Ͳ2157	0	1.4	1.4	McDowell	1.24
ECHͲ300Ͳ1218	0	0.34	0.34	McDowell	1.87	ECHͲ300Ͳ2162	0	0.88	0.88	McDowell	3.42
ECHͲ300Ͳ1219	1.34	1.89	0.55	McDowell	0.31	ECHͲ300Ͳ2163	1.83	3.6	1.77	McDowell	2.8
ECHͲ300Ͳ1220	2.2	2.53	0.33	McDowell	1.84	ECHͲ300Ͳ2213	0	0.91	0.91	McDowell	7.78
ECHͲ300Ͳ1221	0.85	1.43	0.58	McDowell	14.31	ECHͲ300Ͳ2214	0	0.76	0.76	McDowell	8.11
ECHͲ300Ͳ1222	0.3	0.85	0.55	McDowell	6.69	ECHͲ300Ͳ2218	0	0.52	0.52	McDowell	8.09
ECHͲ300Ͳ1223	0.94	1.46	0.52	McDowell	3.27	ECHͲ300Ͳ2223	0	0.7	0.7	McDowell	6.84
ECHͲ300Ͳ1224	2	2.32	0.32	McDowell	2.46	ECHͲ300Ͳ2228	0	0.91	0.91	McDowell	0
ECHͲ300Ͳ1225	0.61	1.07	0.46	McDowell	44.17	ECHͲ300Ͳ2229	0	0.91	0.91	McDowell	0.31
ECHͲ300Ͳ1226	2.35	3.05	0.7	McDowell	6.22	ECHͲ300Ͳ2230	0	0.76	0.76	McDowell	34.84
ECHͲ300Ͳ1227	1.71	2.01	0.3	McDowell	2.55	ECHͲ300Ͳ2231	0	0.3	0.3	McDowell	0.31

13 | P a g e

Orminex Limited

ASX: ONX ANNOUNCEMENT

==> picture [51 x 44] intentionally omitted <==

==> picture [119 x 37] intentionally omitted <==

LIMITED 2 September 2021


Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
ECHͲ300Ͳ1228	1.55	2.32	0.77	McDowell	0.31	ECHͲ300Ͳ2232	0	1.01	1.01	McDowell	2.49
ECHͲ300Ͳ1229	1.49	1.89	0.4	McDowell	7.78	ECHͲ300Ͳ2234	0.3	1.52	1.22	McDowell	5.6
ECHͲ300Ͳ1230	2.26	2.62	0.36	McDowell	8.4	ECHͲ300Ͳ2236	1.1	1.98	0.88	McDowell	10.57
ECHͲ300Ͳ1231	1.46	1.98	0.52	McDowell	0.62	ECHͲ300Ͳ2239	0.24	1.46	1.22	McDowell	1.87
ECHͲ300Ͳ1232	0.61	0.91	0.3	McDowell	3.7	ECHͲ300Ͳ2242	1.13	1.55	0.42	McDowell	4.98
ECHͲ300Ͳ1233	0.61	0.91	0.3	McDowell	7.93	ECHͲ300Ͳ2244	0	1.4	1.4	McDowell	5.9
ECHͲ300Ͳ1234	0.7	1.1	0.4	McDowell	21.15	ECHͲ300Ͳ2246	0	0.3	0.3	McDowell	3.73
ECHͲ300Ͳ1235	2.26	2.71	0.45	McDowell	18.66	ECHͲ300Ͳ2248	0	0.3	0.3	McDowell	1.55
ECHͲ300Ͳ1239	0.46	1.74	1.28	McDowell	15.3	ECHͲ300Ͳ2250	0	0.67	0.67	McDowell	0.62
ECHͲ300Ͳ1240	0	0.3	0.3	McDowell	1.62	ECHͲ300Ͳ2252	0.61	1.92	1.31	McDowell	4.54
ECHͲ300Ͳ1241	0	0.52	0.52	McDowell	0.62	ECHͲ300Ͳ2258	0	0.46	0.46	McDowell	0.31
ECHͲ300Ͳ1244	1.22	2.13	0.91	McDowell	0.62	ECHͲ300Ͳ2259	0	1.13	1.13	McDowell	5.55
ECHͲ300Ͳ1245	0.67	1.07	0.4	McDowell	4.67	ECHͲ300Ͳ2261	0.7	1.25	0.55	McDowell	7.15
ECHͲ300Ͳ1246	0	0.34	0.34	McDowell	28.3	ECHͲ300Ͳ2263	0.34	0.82	0.48	McDowell	8.71
ECHͲ300Ͳ1247	0	0.3	0.3	McDowell	2.55	ECHͲ300Ͳ2265	0.37	1.04	0.67	McDowell	42.3
ECHͲ300Ͳ1248	0.49	1.01	0.52	McDowell	3.11	ECHͲ300Ͳ2267	0	0.79	0.79	McDowell	15.8
ECHͲ300Ͳ1249	1.7	2.04	0.34	McDowell	3.33	ECHͲ300Ͳ2269	0	0.37	0.37	McDowell	3.42
ECHͲ300Ͳ2106	0.85	1.46	0.61	McDowell	1.24	ECHͲ300Ͳ2271	0	1.07	1.07	McDowell	12.08
ECHͲ300Ͳ2109	0	1.19	1.19	McDowell	9.84	ECHͲ300Ͳ2273	0	0.43	0.43	McDowell	0.31
ECHͲ300Ͳ2112	0.76	2.01	1.25	McDowell	9.6	ECHͲ300Ͳ2275	0	0.3	0.3	McDowell	2.36
ECHͲ300Ͳ2277	0	0.46	0.46	McDowell	0.31	ECHͲ425Ͳ1311	0	1.83	1.83	McDowell	23.02
ECHͲ300Ͳ2279	0	0.58	0.58	McDowell	3.11	ECHͲ425Ͳ1312	2.68	3.23	0.55	McDowell	3.73
ECHͲ300Ͳ2280	0	0.64	0.64	McDowell	2.8	ECHͲ425Ͳ1313	2.64	3.25	0.61	McDowell	1.87
ECHͲ300Ͳ2281	0	0.46	0.46	McDowell	0	ECHͲ425Ͳ1314	1.52	2.23	0.71	McDowell	26.13
ECHͲ300Ͳ2282	0	0.73	0.73	McDowell	1.24	ECHͲ425Ͳ1315	1.83	3.14	1.31	McDowell	14.82
ECHͲ300Ͳ2284	0	0.85	0.85	McDowell	4.98	ECHͲ425Ͳ1316	1.83	3.08	1.25	McDowell	9.33
ECHͲ300Ͳ2285	0	0.98	0.98	McDowell	5.03	ECHͲ425Ͳ1317	1.37	3.54	2.17	McDowell	8.19
ECHͲ300Ͳ2287	0.46	1.25	0.79	McDowell	1.55	ECHͲ425Ͳ1318	2.1	2.8	0.7	McDowell	11.2
ECHͲ300Ͳ2290	0.91	1.43	0.52	McDowell	18.04	ECHͲ425Ͳ1319	2.04	2.93	0.89	McDowell	1.24
ECHͲ300Ͳ2292	0.91	2.38	1.47	McDowell	9.58	ECHͲ425Ͳ1320	1.28	1.89	0.61	McDowell	1.87
ECHͲ300Ͳ2295	0	1.58	1.58	McDowell	7.21	ECHͲ425Ͳ1321	1.01	1.58	0.57	McDowell	4.35
ECHͲ300Ͳ2298	1.34	2.99	1.65	McDowell	13.06	ECHͲ425Ͳ1322	0.34	1.04	0.7	McDowell	21.51
ECHͲ300Ͳ2302	4.75	8.02	3.27	McDowell	3.4	ECHͲ425Ͳ1323	0	0.76	0.76	McDowell	3.73
ECHͲ300Ͳ2308	0.7	1.89	1.19	McDowell	8.9	ECHͲ425Ͳ1324	0	0.55	0.55	McDowell	1.87
ECHͲ300Ͳ2311	2.1	2.8	0.7	McDowell	6.84	ECHͲ425Ͳ1325	1.22	1.8	0.58	McDowell	1.87
ECHͲ300Ͳ2313	1.4	2.1	0.7	McDowell	1.87	ECHͲ425Ͳ1326	0	1.28	1.28	McDowell	1.87
ECHͲ300Ͳ2315	0	1.4	1.4	McDowell	8.09	ECHͲ425Ͳ1328	1.07	1.52	0.45	McDowell	0.31
ECHͲ300Ͳ2317	1.22	2.65	1.43	McDowell	7.78	ECHͲ425Ͳ1329	0.27	1.25	0.98	McDowell	6.22
ECHͲ300Ͳ2319	0	1.04	1.04	McDowell	1.24	ECHͲ425Ͳ1330	0	0.4	0.4	McDowell	2.8
ECHͲ300Ͳ2321	1.25	1.8	0.55	McDowell	3.11	ECHͲ425Ͳ1331	2.29	2.99	0.7	McDowell	0.31

14 | P a g e

Orminex Limited

ASX: ONX ANNOUNCEMENT

==> picture [51 x 44] intentionally omitted <==

==> picture [119 x 37] intentionally omitted <==

LIMITED 2 September 2021


Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
ECHͲ300Ͳ2324	0	0.64	0.64	McDowell	25.5	ECHͲ425Ͳ1332	2.9	3.51	0.61	McDowell	0.31
ECHͲ300Ͳ2326	0.67	1.43	0.76	McDowell	19.28	ECHͲ425Ͳ1333	1.58	2.44	0.86	McDowell	1.55
ECHͲ300Ͳ2329	0	1.01	1.01	McDowell	1.24	ECHͲ425Ͳ1334	0.37	0.67	0.3	McDowell	4.98
ECHͲ300Ͳ2331	0	0.49	0.49	McDowell	4.67	ECHͲ425Ͳ1335	1.16	1.77	0.61	McDowell	3.73
ECHͲ300Ͳ2333	0.24	1.89	1.65	McDowell	3.73	ECHͲ425Ͳ1336	0.94	1.24	0.3	McDowell	2.94
ECHͲ300Ͳ2339	0	0.46	0.46	McDowell	1.87	ECHͲ425Ͳ1401	1.68	2.04	0.36	McDowell	0
ECHͲ300Ͳ2340	0	1.68	1.68	McDowell	2.18	ECHͲ425Ͳ1402	0.4	0.85	0.45	McDowell	0.62
ECHͲ300Ͳ2341	0	0.58	0.58	McDowell	0.93	ECHͲ425Ͳ1403	0.46	1.25	0.79	McDowell	0.31
ECHͲ300Ͳ2343	0	0.3	0.3	McDowell	0.87	ECHͲ425Ͳ1404	0.3	1.52	1.22	McDowell	4.67
ECHͲ300Ͳ2344	0	0.43	0.43	McDowell	2.49	ECHͲ425Ͳ1405	2.04	2.44	0.4	McDowell	3.73
ECHͲ300Ͳ2345	3.11	3.63	0.52	McDowell	8.4	ECHͲ425Ͳ1406	1.77	2.29	0.52	McDowell	1.24
ECHͲ300Ͳ2349	0	0.67	0.67	McDowell	12.44	ECHͲ425Ͳ1407	0.98	2.5	1.52	McDowell	3.71
ECHͲ300Ͳ2350	0	1.31	1.31	McDowell	1.24	ECHͲ425Ͳ1408	1.58	2.35	0.77	McDowell	0
ECHͲ300Ͳ2352	0	0.76	0.76	McDowell	3.73	ECHͲ425Ͳ1409	2.65	3.14	0.49	McDowell	2.8
ECHͲ300Ͳ2355	0	0.3	0.3	McDowell	1.55	ECHͲ425Ͳ1410	1.95	2.41	0.46	McDowell	3.11
ECHͲ300Ͳ2358	0	0.79	0.79	McDowell	0.31	ECHͲ425Ͳ1411	1.55	2.71	1.16	McDowell	3.42
ECHͲ300Ͳ2360	0	0.98	0.98	McDowell	2.8	ECHͲ425Ͳ1412	0	0.67	0.67	McDowell	2.49
ECHͲ425Ͳ1301	1.46	1.86	0.4	McDowell	5.6	ECHͲ425Ͳ1414	1.77	3.35	1.58	McDowell	11.56
ECHͲ425Ͳ1302	1.37	1.86	0.49	McDowell	1.87	ECHͲ425Ͳ1419	3.02	3.78	0.76	McDowell	0
ECHͲ425Ͳ1303	0	1.83	1.83	McDowell	2.49	ECHͲ425Ͳ1420	1.98	2.44	0.46	McDowell	4.04
ECHͲ425Ͳ1304	1.71	2.32	0.61	McDowell	5.6	ECHͲ425Ͳ1421	0.79	1.31	0.52	McDowell	13.69
ECHͲ425Ͳ1305	1.83	2.29	0.46	McDowell	4.04	ECHͲ425Ͳ1422	0	0.67	0.67	McDowell	3.42
ECHͲ425Ͳ1306	1.71	2.01	0.3	McDowell	4.01	ECHͲ425Ͳ1441	0.76	1.89	1.13	McDowell	4.26
ECHͲ425Ͳ1307	2.13	2.62	0.49	McDowell	2.49	ECHͲ425Ͳ1442	1.31	2.16	0.85	McDowell	3.11
ECHͲ425Ͳ1308	1.83	2.29	0.46	McDowell	7.46	ECHͲ425Ͳ1443	0.91	1.83	0.92	McDowell	1.55
ECHͲ425Ͳ1309	1.34	1.86	0.52	McDowell	17.84	ECHͲ425Ͳ1444	1.28	1.83	0.55	McDowell	1.87
ECHͲ425Ͳ1310	1.1	1.8	0.7	McDowell	10.17	ECHͲ425Ͳ1445	0.58	1.77	1.19	McDowell	5.17
ECHͲ425Ͳ1446	2.07	2.74	0.67	McDowell	3.11	TFͲ83Ͳ04	99.64	100	0.36	McDowell	41.39
ECHͲ425Ͳ1447	0.76	1.16	0.4	McDowell	3.11	TFͲ83Ͳ05	117.2	117.7	0.5	McDowell	0.62
ECHͲ425Ͳ1448	0.61	1.16	0.55	McDowell	3.11	TFͲ83Ͳ06	103.42	103.75	0.33	McDowell	36
ECHͲ425Ͳ1449	1.65	2.35	0.7	McDowell	7.46	TFͲ83Ͳ07	117.2	118.05	0.85	McDowell	3.09
ECHͲ425Ͳ1450	1.49	2.74	1.25	McDowell	20.71	TFͲ83Ͳ08	161.7	162	0.3	McDowell	5.76
ECHͲ425Ͳ1451	1.34	3.6	2.26	McDowell	4.09	TFͲ83Ͳ09	113.39	114.03	0.64	McDowell	8.23
ECHͲ425Ͳ1452	0	2.35	2.35	McDowell	8.25	TFͲ83Ͳ10	119.85	120.43	0.58	McDowell	1.71
ECHͲ425Ͳ1453	0.73	2.74	2.01	McDowell	5.36	TFͲ83Ͳ11	133.17	134.84	1.67	McDowell	5.42
ECHͲ425Ͳ1456	1.1	1.46	0.36	McDowell	6.53	TFͲ83Ͳ12	62.09	62.39	0.3	McDowell	0.72
ECHͲ425Ͳ1457	1.52	1.83	0.31	McDowell	1.55	TFͲ83Ͳ13	83.73	84.34	0.61	McDowell	24.34
ECHͲ425Ͳ1458	1.65	2.26	0.61	McDowell	0	TFͲ83Ͳ15	112.26	112.87	0.61	McDowell	2.22
ECHͲ425Ͳ1459	2.56	3.17	0.61	McDowell	0	TFͲ83Ͳ17	124.54	125.46	0.92	McDowell	3.26
ECHͲ425Ͳ1460	1.98	2.38	0.4	McDowell	0.93	TFͲ83Ͳ20	77.33	78.33	1	McDowell	11.31

15 | P a g e

Orminex Limited

LIMITED 2 September 2021

ASX: ONX ANNOUNCEMENT

==> picture [51 x 44] intentionally omitted <==

==> picture [119 x 37] intentionally omitted <==


Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
ECHͲ425Ͳ1461	1.58	2.07	0.49	McDowell	2.18	TFͲ83Ͳ22	71.32	72.24	0.92	McDowell	0.17
ECHͲ425Ͳ1462	1.13	1.89	0.76	McDowell	0.31	TFͲ83Ͳ24	304.43	306.11	1.68	McDowell	3.8
ECHͲ425Ͳ1463	1.49	2.01	0.52	McDowell	0.16	TFͲ83Ͳ25	68.03	68.95	0.92	McDowell	0.17
ECHͲ425Ͳ1464	1.52	1.98	0.46	McDowell	0	TFͲ83Ͳ26	101.99	103.02	1.03	McDowell	10.6
ECHͲ425Ͳ1465	1.34	1.86	0.52	McDowell	0	TFͲ83Ͳ27	78.43	78.82	0.39	McDowell	2.91
ECHͲ425Ͳ1466	1.92	2.38	0.46	McDowell	0	TFͲ83Ͳ28	127.1	127.56	0.46	McDowell	22.29
ECHͲ425Ͳ1467	1.8	2.56	0.76	McDowell	7.15	TFͲ83Ͳ29	51.51	52.15	0.64	McDowell	4.8
ECHͲ425Ͳ1468	1.16	1.92	0.76	McDowell	3.42	TFͲ83Ͳ30	125.52	126.28	0.76	McDowell	4.8
ECHͲ425Ͳ1469	2.16	2.87	0.71	McDowell	1.55	TFͲ83Ͳ35	44.26	45.14	0.88	McDowell	3.43
ECHͲ425Ͳ1480	2.1	2.71	0.61	McDowell	5.29	TFͲ83Ͳ37	44.81	45.23	0.42	McDowell	6.17
NBͲ1	145.69	147.46	1.77	McDowell	0.03	TFͲ83Ͳ46	0.3	1.49	1.19	McDowell	0.03
NBͲ15	149.93	150.85	0.92	McDowell	13.37	TFͲ83Ͳ49	44.81	46.02	1.21	McDowell	2.4
NBͲ16	168.19	169.04	0.85	McDowell	3.77	TFͲ83Ͳ50	35.11	36.27	1.16	McDowell	0.17
NBͲ18	175.41	176.27	0.86	McDowell	0.03	TFͲ83Ͳ51	0.46	1.22	0.76	McDowell	0.17
NBͲ20	225.5	226	0.5	McDowell	0	THͲ07	9.3	10.67	1.37	McDowell	2.02
NBͲ21	271.7	272.61	0.91	McDowell	1.71	THͲ08	8.69	9.6	0.91	McDowell	0.27
NBͲ22	115	115.5	0.5	McDowell	0	THͲ09	11.28	12.34	1.06	McDowell	0.03
NBͲ23	146.88	148.62	1.74	McDowell	6.86	THͲ13	9.14	9.81	0.67	McDowell	1.85
NBͲ25	268.25	271.3	3.05	McDowell	6.73	THͲ15	4.82	5.27	0.45	McDowell	0.55
NBͲ6	194.61	195.86	1.25	McDowell	7.88	THͲ16	41.82	42.73	0.91	McDowell	4.05
NBͲ7	199.4	200.74	1.34	McDowell	5.83	THͲ17	42	42.4	0.4	McDowell	0
RSͲ01Ͳ09	180	180.35	0.35	McDowell	0.01	THͲ18	27.58	28.65	1.07	McDowell	1.85
RSͲ01Ͳ10	134.1	134.42	0.32	McDowell	1.34	THͲ19	22.1	22.45	0.35	McDowell	30.86
RSͲ02Ͳ09	150.32	150.69	0.37	McDowell	1.73	THͲ21	32	32.3	0.3	McDowell	0
RSͲ02Ͳ10	145.08	145.45	0.37	McDowell	14.57	THͲ22	26	27.8	1.8	McDowell	6.92
RSͲ03Ͳ09	150.08	150.38	0.3	McDowell	0.01	THͲ25	29.05	29.6	0.55	McDowell	5.18
RSͲ06Ͳ01	282	282.47	0.47	McDowell	0.01	THͲ26	14.54	14.84	0.3	McDowell	0.03
RSͲ06Ͳ02	405.7	406.1	0.4	McDowell	0.18	THͲ27	15.79	16.22	0.43	McDowell	4.97
RSͲ06Ͳ03	350.85	351.35	0.5	McDowell	1.06	THͲ28	23.62	24.54	0.92	McDowell	5.62
RUͲ06Ͳ08	9.91	10.25	0.34	McDowell	1.04	81	293.98	294.74	0.76	Shaft	0.03
RUͲ17Ͳ09	24.9	25.5	0.6	McDowell	0.15	82	163.68	164.41	0.73	Shaft	7.54
TFͲ83Ͳ01	88.79	93.79	5	McDowell	1.37	83	172.3	172.73	0.43	Shaft	0.03
TFͲ83Ͳ02	105.77	106.5	0.73	McDowell	3.68	300Ͳ22	49	49.45	0.45	Shaft	0
TFͲ83Ͳ03	95.4	95.83	0.43	McDowell	1.04	300Ͳ24	48.55	48.9	0.35	Shaft	3.02
67Ͳ6	271.18	272.61	1.43	Shaft	4.46	TFͲ83Ͳ18	89.64	90.25	0.61	Shaft	4.97
CRͲ1	44.68	45	0.32	Shaft	9.64	TFͲ83Ͳ21	87.78	89.31	1.53	Shaft	18.15
CRͲ2	38.89	39.26	0.37	Shaft	9.94	TFͲ83Ͳ24	474.51	476.92	2.41	Shaft	5.49
CRͲ3	43.5	44	0.5	Shaft	0	TFͲ83Ͳ27	140.09	140.6	0.51	Shaft	0
CRͲ4	33.5	34	0.5	Shaft	0	TFͲ83Ͳ28	178.61	179.22	0.61	Shaft	0.03
CRͲ7	20.57	21	0.43	Shaft	0.03	TFͲ83Ͳ29	131.55	132.07	0.52	Shaft	5.49

16 | P a g e

Orminex Limited

ASX: ONX ANNOUNCEMENT

==> picture [51 x 44] intentionally omitted <==

==> picture [119 x 37] intentionally omitted <==

LIMITED 2 September 2021


Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
ECHͲ150Ͳ2361	0	0.3	0.3	Shaft	3.55	TFͲ83Ͳ30	152.74	153.14	0.4	Shaft	0.51
ECHͲ150Ͳ2362	0	0.49	0.49	Shaft	3.73	TFͲ83Ͳ33	27.58	28.19	0.61	Shaft	0.03
ECHͲ150Ͳ2363	0	0.37	0.37	Shaft	5.6	TFͲ83Ͳ38	24.99	26.4	1.41	Shaft	8.24
ECHͲ150Ͳ2364	0	0.35	0.35	Shaft	11.2	TFͲ83Ͳ39	34.47	35.2	0.73	Shaft	21.26
ECHͲ150Ͳ2365	0	0.46	0.46	Shaft	3.73	TFͲ83Ͳ40	81.9	82.91	1.01	Shaft	0.17
ECHͲ150Ͳ2375	0	0.3	0.3	Shaft	0.75	TFͲ83Ͳ41	7.65	7.95	0.3	Shaft	0
ECHͲ150Ͳ2377	0	0.46	0.46	Shaft	6.84	TFͲ83Ͳ43	47.3	47.79	0.49	Shaft	3.77
ECHͲ150Ͳ2378	0	0.64	0.64	Shaft	0.62	TFͲ83Ͳ44	71.08	71.75	0.67	Shaft	5.14
ECHͲ150Ͳ2379	0	0.4	0.4	Shaft	5.91	TFͲ83Ͳ45	76.5	77.11	0.61	Shaft	0.03
ECHͲ150Ͳ2380	0	0.3	0.3	Shaft	1.87	TFͲ83Ͳ46	62.36	62.7	0.34	Shaft	1.37
ECHͲ150Ͳ2381	0	0.49	0.49	Shaft	4.35	TFͲ83Ͳ47	32.92	33.22	0.3	Shaft	0.34
ECHͲ425Ͳ1470	1.49	1.79	0.3	Shaft	5.24	TFͲ83Ͳ48	50.75	51.36	0.61	Shaft	1.03
ECHͲ425Ͳ1471	0.34	0.76	0.42	Shaft	4.04	TFͲ83Ͳ53	51.97	52.7	0.73	Shaft	1.37
ECHͲ425Ͳ1472	0.28	0.58	0.3	Shaft	4.85	THͲ10	8.75	9.75	1	Shaft	6.86
ECHͲ425Ͳ1474	0	0.49	0.49	Shaft	13.69	THͲ11	7.01	7.92	0.91	Shaft	3.12
ECHͲ425Ͳ1475	0	0.3	0.3	Shaft	4.11	THͲ12	12.44	13.41	0.97	Shaft	7.17
ECHͲ425Ͳ1476	0.37	0.67	0.3	Shaft	0.09	RSͲ01Ͳ10	151.05	151.45	0.4	T1	10.58
ECHͲ425Ͳ1477	0.61	0.91	0.3	Shaft	4.35	RSͲ02Ͳ09	182.65	183	0.35	T2	18.42
ECHͲ425Ͳ1478	0	0.3	0.3	Shaft	6.38	RSͲ01Ͳ09	223.96	224.4	0.44	T3	4.36
NBͲ1	237.01	237.68	0.67	Shaft	3.43	71	61.9	62.51	0.61	Talus	7.2
NBͲ15	255.54	256.76	1.22	Shaft	19.88	81	226.31	227.08	0.77	Talus	3.43
NBͲ16	243.2	243.65	0.45	Shaft	12.49	82	138.87	139.54	0.67	Talus	1.03
NBͲ2	288.86	290.08	1.22	Shaft	21.25	83	115.06	115.52	0.46	Talus	0.34
NBͲ6	220.58	221.35	0.77	Shaft	12.68	67Ͳ3	305.29	306.38	1.09	Talus	1.37
RSͲ01Ͳ07	25.91	26.36	0.45	Shaft	18.85	67Ͳ5	217.93	218.75	0.82	Talus	0.69
RSͲ02Ͳ07	13.72	14.33	0.61	Shaft	1.81	85Ͳ10	176.33	176.66	0.33	Talus	10.29
RSͲ02Ͳ10	283	283.35	0.35	Shaft	0	85Ͳ11	132.8	133.59	0.79	Talus	3.59
RSͲ03Ͳ07	16.92	17.22	0.3	Shaft	0.03	85Ͳ12	225	225.5	0.5	Talus	0
RSͲ05Ͳ09	27.43	28	0.57	Shaft	1.17	150Ͳ9	2.13	2.74	0.61	Talus	0.34
RSͲ06Ͳ01	390.7	392.05	1.35	Shaft	0	300Ͳ1	32.46	34.81	2.35	Talus	6.92
RSͲ06Ͳ02	500.6	501	0.4	Shaft	0.01	300Ͳ10	43.46	43.98	0.52	Talus	14.7
RSͲ06Ͳ03	390.3	390.7	0.4	Shaft	0.41	300Ͳ15	17.68	18.9	1.22	Talus	6.51
RUͲ03Ͳ08	128.5	128.85	0.35	Shaft	0	300Ͳ16	14.39	15.24	0.85	Talus	7.12
RUͲ04Ͳ08	106.68	107.29	0.61	Shaft	0.03	300Ͳ17	3.35	3.9	0.55	Talus	8.91
RUͲ06Ͳ23A	27.28	27.89	0.61	Shaft	0.03	300Ͳ19	36.94	37.55	0.61	Talus	6.51
RUͲ06Ͳ24A	31.18	31.49	0.31	Shaft	7.54	300Ͳ2	39.56	40.36	0.8	Talus	32.57
RUͲ06Ͳ30A	31.78	32.13	0.35	Shaft	0	300Ͳ20	47.15	47.6	0.45	Talus	5.26
TFͲ83Ͳ12	159.59	160.02	0.43	Shaft	0	300Ͳ21	52.94	53.34	0.4	Talus	0.03
TFͲ83Ͳ13	184.4	185.17	0.77	Shaft	0.69	300Ͳ5	18.9	19.2	0.3	Talus	11.2
TFͲ83Ͳ14	114.3	114.91	0.61	Shaft	6.51	85Ͳ13	160.42	160.85	0.43	Talus	0.13

17 | P a g e

Orminex Limited

ASX: ONX ANNOUNCEMENT

==> picture [51 x 44] intentionally omitted <==

==> picture [119 x 37] intentionally omitted <==

LIMITED 2 September 2021


Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
TFͲ83Ͳ16	124.11	124.57	0.46	Shaft	15.09	85Ͳ14	188.73	189.95	1.22	Talus	2.23
85Ͳ18	234.64	235.4	0.76	Talus	13.71	ECHͲ300Ͳ2202	0	1.37	1.37	Talus	3.11
CRͲ2	12.8	13.15	0.35	Talus	2.35	ECHͲ300Ͳ2203	0	0.61	0.61	Talus	0.31
CRͲ3	7.01	7.41	0.4	Talus	1.71	ECHͲ300Ͳ2204	0	0.76	0.76	Talus	6.84
ECHͲ150Ͳ2001	1.04	1.65	0.61	Talus	0.31	ECHͲ300Ͳ2205	0	0.76	0.76	Talus	1.24
ECHͲ150Ͳ2003	0	0.55	0.55	Talus	7.78	ECHͲ300Ͳ2206	0	0.91	0.91	Talus	0.93
ECHͲ150Ͳ2005	0	1.07	1.07	Talus	0.31	ECHͲ300Ͳ2207	0	0.61	0.61	Talus	0.93
ECHͲ150Ͳ2006	0.61	1.4	0.79	Talus	4.98	ECHͲ300Ͳ2208	0	0.76	0.76	Talus	0.93
ECHͲ150Ͳ2010	0	0.82	0.82	Talus	0.62	ECHͲ300Ͳ2209	0	0.91	0.91	Talus	4.67
ECHͲ150Ͳ2012	0	0.49	0.49	Talus	1.87	ECHͲ300Ͳ2210	0	0.46	0.46	Talus	7.78
ECHͲ150Ͳ2015	0	0.73	0.73	Talus	4.35	ECHͲ300Ͳ2211	0	0.76	0.76	Talus	5.29
ECHͲ150Ͳ2017	0	0.67	0.67	Talus	0.31	ECHͲ300Ͳ2212	0	0.76	0.76	Talus	2.49
ECHͲ150Ͳ2018	0	1.92	1.92	Talus	6.91	ECHͲ300Ͳ2255	0	0.88	0.88	Talus	29.24
ECHͲ150Ͳ2021	0	2.83	2.83	Talus	9.95	ECHͲ300Ͳ2302	2.04	4.08	2.04	Talus	3.73
ECHͲ150Ͳ2024	0	1.37	1.37	Talus	6.06	FEͲ1	14.39	14.94	0.55	Talus	2.27
ECHͲ150Ͳ2026	0	1.34	1.34	Talus	5.99	FEͲ2	11.37	11.95	0.58	Talus	9.04
ECHͲ150Ͳ2028	0	0.61	0.61	Talus	3.11	FEͲ2 NQ	12.19	12.77	0.58	Talus	17.15
ECHͲ150Ͳ2030	0	0.52	0.52	Talus	6.84	M1HͲ3A	8.08	8.84	0.76	Talus	0.83
ECHͲ150Ͳ2032	0.24	1.1	0.86	Talus	1.24	M1HͲ3B	18.84	20.12	1.28	Talus	5.67
ECHͲ150Ͳ2034	0.73	1.34	0.61	Talus	3.42	NBͲ1	223.33	224.55	1.22	Talus	37.02
ECHͲ150Ͳ2036	0	0.43	0.43	Talus	0.31	NBͲ17	213.33	214.55	1.22	Talus	5.48
ECHͲ150Ͳ2038	0	1.07	1.07	Talus	3.11	NBͲ18	229.91	231.13	1.22	Talus	12.34
ECHͲ150Ͳ2040	0	0.82	0.82	Talus	5.91	NBͲ2	252.98	253.62	0.64	Talus	3.43
ECHͲ300Ͳ1256	0.37	1.01	0.64	Talus	20.86	NBͲ20	268	268.5	0.5	Talus	0
ECHͲ300Ͳ2052	0	0.91	0.91	Talus	32.04	NBͲ22	159.5	161.03	1.53	Talus	5.14
ECHͲ300Ͳ2054	0	0.98	0.98	Talus	1.87	NBͲ23	177.61	180.65	3.04	Talus	0.03
ECHͲ300Ͳ2056	0	0.4	0.4	Talus	0.62	RSͲ01Ͳ09	210.37	210.8	0.43	Talus	4.6
ECHͲ300Ͳ2058	0	0.58	0.58	Talus	8.09	RSͲ01Ͳ10	168.85	169.3	0.45	Talus	6.08
ECHͲ300Ͳ2061	0.52	0.98	0.46	Talus	7.15	RSͲ02Ͳ09	183.73	184.56	0.83	Talus	5.66
ECHͲ300Ͳ2064	0	0.4	0.4	Talus	15.55	RSͲ02Ͳ10	183.55	184	0.45	Talus	0.61
ECHͲ300Ͳ2067	0	0.76	0.76	Talus	4.98	RSͲ03Ͳ09	195.36	195.97	0.61	Talus	2.93
ECHͲ300Ͳ2069	1.34	2.38	1.04	Talus	1.24	RSͲ04Ͳ09	367.3	368.3	1	Talus	5.86
ECHͲ300Ͳ2072	0	0.4	0.4	Talus	0.93	RSͲ06Ͳ01	325.77	327.2	1.43	Talus	0.31
ECHͲ300Ͳ2074	0	0.7	0.7	Talus	0.62	RSͲ06Ͳ02	443.5	444	0.5	Talus	0.06
ECHͲ300Ͳ2076	0	0.91	0.91	Talus	5.29	RUͲ03Ͳ08	26.75	27.05	0.3	Talus	3.08
ECHͲ300Ͳ2078	1.25	2.01	0.76	Talus	0.31	RUͲ04Ͳ08	28.65	29.11	0.46	Talus	2.18
ECHͲ300Ͳ2080	0	0.73	0.73	Talus	45	RUͲ05Ͳ08	29.26	30.02	0.76	Talus	8.66
ECHͲ300Ͳ2082	0	0.43	0.43	Talus	0.93	RUͲ06Ͳ08	28.35	28.7	0.35	Talus	4.16
ECHͲ300Ͳ2084	0	1.22	1.22	Talus	0.31	RUͲ07Ͳ08	36.58	37.1	0.52	Talus	0.65
ECHͲ300Ͳ2086	0.91	1.8	0.89	Talus	4.35	RUͲ08Ͳ08	69.2	69.65	0.45	Talus	1.82

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Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt	Hole Name	From(m)	To(m)	Core Length(m)	Zone	Augt
ECHͲ300Ͳ2089	0.58	1.8	1.22	Talus	10.57	TFͲ83Ͳ04	138.81	139.81	1	Talus	6.73
ECHͲ300Ͳ2195	0	0.76	0.76	Talus	8.71	TFͲ83Ͳ06	130.91	132.04	1.13	Talus	4.34
ECHͲ300Ͳ2196	0	0.61	0.61	Talus	12.44	TFͲ83Ͳ08	194.89	195.25	0.36	Talus	0.51
ECHͲ300Ͳ2197	0	0.61	0.61	Talus	4.98	TFͲ83Ͳ10	150.94	151.58	0.64	Talus	3.09
ECHͲ300Ͳ2198	0	0.76	0.76	Talus	0.31	TFͲ83Ͳ12	88.45	89.06	0.61	Talus	0.17
ECHͲ300Ͳ2199	0	0.79	0.79	Talus	0.62	TFͲ83Ͳ13	112.17	112.9	0.73	Talus	4.8
ECHͲ300Ͳ2200	0	1.07	1.07	Talus	1.87	TFͲ83Ͳ14	79.25	82.11	2.86	Talus	3.65
ECHͲ300Ͳ2201	0	0.76	0.76	Talus	17.11	TFͲ83Ͳ16	105.89	106.92	1.03	Talus	0.69
TFͲ83Ͳ18	50.32	51.54	1.22	Talus	1.03	THͲ16	0.4	1.31	0.91	Talus	0.03
TFͲ83Ͳ23	113.9	114.6	0.7	Talus	2.74	THͲ18	7.86	9.66	1.8	Talus	7.02
TFͲ83Ͳ26	169.77	170.58	0.81	Talus	10.92	THͲ19	8.02	8.53	0.51	Talus	1.37
TFͲ83Ͳ35	21.52	22.13	0.61	Talus	2.4	THͲ20	5.94	6.25	0.31	Talus	1.51
TFͲ83Ͳ36	2.29	3.2	0.91	Talus	3.09	RSͲ01Ͳ10	162.29	164.39	2.1	Talus2	2.69
TFͲ83Ͳ53	17.04	17.59	0.55	Talus	3.43	RSͲ01Ͳ09	205.41	206.38	0.97	Talus2	8.07
TFͲ83Ͳ54	41.39	42.37	0.98	Talus	19.34	RSͲ02Ͳ09	179.95	181.75	1.8	Talus2	4.12

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Orminex Limited

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ASX: ONX ANNOUNCEMENT

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– SCHEDULE 3 FOREIGN ESTIMATE INFORMATION

Reporting in Accordance with ASX Listing Rule 5.12

Nippon Dragon (TSX.V:NIP), formerly Rocmec Mining Inc, released a NI 43-101-compliant resource for the Rocmec 1 Project in June 2010 based on a combination of current owner and historical drilling by previous owners of the property of 2.08Mt @ 7.16g/t for 479koz of contained gold.

The Resource estimate was carried out by independent industry consultants Geostat, a division of SGS Canada Inc. The estimate is based on verified digital drill hole data sets provided by Nippon Dragon. Geostat compiled and verified the contents of the dataset and conducted its resource estimation in accordance with the CIM Mineral Resource and Mineral Reserve definitions referred to in NI 43-101, Standards of Disclosure of Mineral Projects .

The references in this announcement to the publicly quoted resource tonnes and grade of the Project are foreign in nature and not reported in accordance with the JORC Code 2012. A competent person has not yet done sufficient work to classify the resource estimate as a mineral resource in accordance with the JORC Code 2012. It is uncertain that following evaluation and/or further exploration work that the foreign resource estimates of mineralisation will be able to be reported as mineral resources or ore reserves in accordance with the JORC Code 2012.

Under ASX Listing Rule 5.12, an entity reporting foreign non-JORC (2012) compliant mineral resource estimates in relation to a material mining project must include all of the information shown in Listing Rule 5.12. Orminex considers the Project to be a material mining project and as such provides the following information regarding the Rocmec Project in accordance with Listing Rule 5.12.

It is the opinion of the Company (and the Competent Person for this announcement) that the data quality and validation criteria, as well as the resource methodology and check procedures, are reliable and consistent with criteria as defined by JORC 2012.

Orminex currently intends to commence a suitable program of work to obtain additional information which will satisfy the Competent Person named in this report to generate a mineral resource under the JORC 2012 Code.

1. The source and date of the foreign resource estimates of mineralisation (LR 5.12.1).

The resource estimate referred to in this announcement is sourced from NI 43-101 Technical Report: Technical Report, Resource Update, Rocmec 1 Mineral Deposit, Abitibi West, Quebec, Canada for Rocmec Mining Inc. This report can be sourced directly from SEDAR via the link www.sedar.com under the Company name “Nippon Dragon Resources Inc. (Formerly Rocmec Mining Inc.)”, June 1, 2010 - “Amended & restated technical report” (NI 43-101)

This report was prepared by independent consultant, Maxime Dupere, P.Geo of Geostat, a division of SGS Canada Inc. on behalf of Rocmec Mining Inc and has an effective date of June 1st 2010.

The independent mineral resources estimate was prepared in accordance with requirements set out under National Instrument 43-101 (NI 43-101), and the Canadian Institute of Mining, Metallurgy and Petroleum Standards for Mineral Resources and Reserves Definitions and Guidelines (CIM Standards).

2. Whether the foreign resource estimates of mineralisation use categories of mineralisation other than those defined in JORC Code 2012 and if so, an explanation of the differences (LR 5.12.2)

The estimate has been classified as either Indicated or Inferred. The category defined is different to those defined in JORC Code 2012. The relative accuracy of the Mineral Resource estimate is reflected

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in the reporting of the Mineral Resources under the guidelines of NI 43-101. The definitions of Indicated and Inferred Resources under the NI 43-101 guidelines are as follows:

Inferred Mineral Resource

An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity.

An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

An Inferred Mineral Resource is based on limited information and sampling gathered through appropriate sampling techniques from locations such as outcrops, trenches, pits, workings and drill holes. Inferred Mineral Resources must not be included in the economic analysis, production schedules, or estimated mine life in publicly disclosed Pre-Feasibility or Feasibility Studies, or in the Life of Mine plans and cash flow models of developed mines. Inferred Mineral Resources can only be used in economic studies as provided under NI 43-101.

There may be circumstances, where appropriate sampling, testing, and other measurements are sufficient to demonstrate data integrity, geological and grade/quality continuity of a Measured or Indicated Mineral Resource, however, quality assurance and quality control, or other information may not meet all industry norms for the disclosure of an Indicated or Measured Mineral Resource. Under these circumstances, it may be reasonable for the Qualified Person to report an Inferred Mineral Resource if the Qualified Person has taken steps to verify the information meets the requirements of an Inferred Mineral Resource.

Indicated Mineral Resource

An Indicated Mineral Resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of Modifying Factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit. Geological evidence is derived from adequately detailed and reliable exploration, sampling and testing and is sufficient to assume geological and grade or quality continuity between points of observation.

An Indicated Mineral Resource has a lower level of confidence than that applying to a Measured Mineral Resource and may only be converted to a Probable Mineral Reserve. Mineralisation may be classified as an Indicated Mineral Resource by the Qualified Person when the nature, quality, quantity and distribution of data are such as to allow confident interpretation of the geological framework and to reasonably assume the continuity of mineralisation. The Qualified Person must recognize the importance of the Indicated Mineral Resource category to the advancement of the feasibility of the project. An Indicated Mineral Resource estimate is of sufficient quality to support a Pre-Feasibility Study which can serve as the basis for major development decisions.

At this stage, Orminex has not done sufficient work to reclassify the resource estimate as a mineral resource in accordance with the JORC Code 2012. Indicated and Inferred Mineral Resources as defined by the JORC Code 2012 can be directly sourced from JORC (www.jorc.org).

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The Company aims to convert the foreign resource into a JORC compliant resource during the 2022 calendar year.

Given the lack of additional data available to assist in informing the resource estimate, the resource should be considered as approximate to an inferred resource for comparison purposes with the JORC Code 2012 categories of resources.

3. The relevance and materiality of the foreign resource estimates of mineralisation to the entity (LR 5.12.3)

The Company considers the foreign estimates in this announcement to be both material and relevant to the Rocmec and Denain projects they provide an indication of their size and scale.

4. The reliability of the foreign resource estimates of mineralisation, including reference to any criteria in Table 1 of JORC Code 2012 which are relevant to understanding of the reliability of the foreign resource estimates of mineralisation (LR 5.12.4)

It is the opinion of Orminex and the Competent Person that these estimates are reliable and represent the results of work done to reasonable standards, using reasonable quality sampling, testing and geological interpretation.

Schedule 4 to this announcement contains further information with reference to the criteria in Sections 1, 2, and 3 of Table 1 of the JORC Code, to the extent considered relevant to understanding the reliability of the foreign estimates reported in this announcement.

5. To the extent known, a summary of the work programs on which the foreign resource estimates

of mineralisation are based and a summary of the key assumptions, mining and processing parameters and methods used to prepare foreign resource estimates of mineralisation (LR 5.12.5)

Several programmes of surface diamond drilling at the Rocmec 1 Project have been completed. Abundant data is available in publicly available reporting as part of statutory reporting to the Toronto Stock Exchange on the SEDAR filing website.

Several phases of metallurgical testing have been completed. Bottle roll tests indicate that conventional gold recovery techniques, including gravity, are appropriate. The resources reported on a global basis above 3.0 g/t Au cut-off grade and over a minimum width of 0.5m. Underground extraction methods are the most likely and appropriate mining method.

Orminex is in the process of acquiring a digital database of all previous assays and geological sampling and gaining the necessary permissions to access primary assay data from assay labs to assist in compliance with JORC Code reporting of resources.

6. Any more recent estimates or data relevant to the reported mineralisation available to the entity (LR 5.12.6)

No further estimates or data relevant to the resource estimation are available.

7. The evaluation and/or exploration work that needs to be completed to verify the foreign resource estimates of mineralisation as mineral resources or reserves in accordance with JORC Code 2012 (LR 5.12.7)

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Orminex intends to undertake a review of historical drilling data, conduct resampling of historic core (where possible), re-survey historical drillhole collars by DGPS to validate their location, complete metallurgical sampling, and drill infill and “twin” holes to further ensure and upgrade the integrity of the data. This will be followed by re-estimation of the resource, with updated classification based on the level of information available.

No Mineral Reserves exist and as such, modifying factors have not been considered at this stage.

8. The proposed timing of any evaluation and/or exploration work that the entity intends to undertake and a comment on how the entity intends to fund that work (LR 5.12.8)

A summary of the proposed exploration activities that Orminex intends to undertake relation to the Rocmec and Denain projects is available in the body of this announcement.

Orminex will have sufficient cash to undertake the work program above following the completion of the Placement. If the work program above provides promising results, Orminex may consider raising further capital at a future point in time but has no plans to undertake a further raising in the near term.

9.A cautionary statement proximate to, and equal prominence as, the reported foreign resource estimates of mineralisation (LR 5.12.9)

The estimates of mineralisation in respect to the Rocmec and Denain gold projects reported in this announcement are “foreign estimates” for the purposes of the ASX Listing Rules, and accordingly:

the estimates are not reported in accordance with the JORC Code;
a competent person has not done sufficient work to classify the foreign estimates as mineral resources or ore reservices in accordance with the JORC Code; and
it is uncertain that following evaluation and/or further exploration work that the foreign estimates will be able to be reported as mineral resources or ore reserves in accordance with the JORC Code.

This cautionary statement is contained on page 1 of this announcement, proximate to and with equal prominence as the first reference to the foreign estimate.

10. A statement by a named competent person or persons that the information in the market announcement provided under LR 5.12 to 5.12.7 is an accurate representation of the available data (LR 5.12.10)

The information in this announcement that relates to historic mineral resource estimate at the Rocmec1 gold project was first reported under the NI43-101 Code. Mr Simon Lawson, a consultant to the Company, states that the information in this announcement provided under ASX Listing Rules 5.12.2 to 5.12.7 is an accurate representation of the available data and studies for the Denain and Rocmec projects. Mr Lawson is a professional geoscientist and Member of the Australian Institute of Mining and Metallurgy and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Lawson consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears.

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– SCHEDULE D JORC CODE, 2012 EDITION

Section 1. Sampling Techniques and Data

Note: the below information is provided under Listing Rule 5.12.4, as it is considered relevant to understanding the reliability of the foreign estimates contained in this announcement. It should not be understood as the reporting of exploration results under Listing Rule 5.7.1, mineral resources under Listing Rule 5.8.2 or ore reserves under Listing Rule 5.9.2.

All references to “exploration results” in the second column are to be treated as references to the foreign estimates contained in this announcement for the purposes of the commentary in the third column.

Criteria	JORC Code explanation	Commentary
Sampling techniques	•Nature and quality of sampling (eg cut channels, random chips, or specific specialized industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. •Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. •Aspects of the determination of mineralisation that are Material to the Public Report. •In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverized to produce a 30 g charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	•Drill samples assayed for use in the resource estimate quoted herein and from historic drilling up to 2009 was BQ (36.5mm) core diameter from diamond drilling. •Drill samples assayed for use in the resource estimate quoted herein and from historic drilling post 2009 was NQ (47.6mm) core diameter from diamond drilling. •Sample intervals from the BQ core was whole-core sampled following logging and submitted for analysis on nominal 0.5m intervals or as defined by geological boundaries determined by the logging geologist. •Sample intervals from the NQ core was sawn down a geologist-defined cut-line and half- core sampled following logging and submitted for analysis on nominal 1m intervals or as defined by geological boundaries determined by the logging geologist. •Samples from 2006 onward were submitted to Expert Laboratory, Rouyn-Noranda, Quebec and SGS Lakefield laboratory in Lakefield, Ontario. •Samples were prepared for analysis by Expert using a jaw crusher resulting in 90% of the sample passing through a 10 mesh screen. A split of the crushed sample weighing 300g is then pulverized to 90% passing a 200 mesh screen. The sample pulp was then analysed for gold by Fire Assay using 30g sample charge with a gravimetric finish. •Samples pulps sent through SGS Lakefield were crushed to 85% passing a 10 mesh screen, pulverized to recover at least 30g passing 150 mesh and analysed for gold by Screen Fire Assay using a 30g sample charge.
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 standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so,bywhat method,etc).	•All drilling quoted is from diamond drilling methods. •Drilling from prospect discovery in 1924 through to 2009 was BQ (36.5mm) core diameter. • Drilling from 2009 to 2011 was NQ (47.6mm) core diameter.

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Drill sample recovery	•Method of recording and assessing core and chip sample recoveries and results assessed. •Measures taken to maximize sample recovery and 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.	•Drill core from pre-2006 at the Rocmec 1 property appears to have been whole core sampled and the “waste” discarded. Available records suggest variable core recovery. •Surface drill core from 2006, 2009 and 2010 drilling under Rocmec Mining ownership and SGS supervision had the most stringent core handling/sampling procedures applied and records show better than 90% core recovery. •Underground drill core and surface drill core from 2007 under Rocmec ownership was whole core sampled and the “waste” discarded. Records show upward of 90% recovery.
Logging	•Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource 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 intersections logged.	•All drill core samples were geologically logged. Lithology, veining, alteration, mineralisation, sulphide percentage and weathering are all recorded in the geology table of the drill hole database. This logging is quantitative. •Some diamond drill core was geotechnically logged, specifically the most recent campaigns in 2006, 2009 and 2010. This logging is quantitative. •The predominant sample length(s) is 0.5m.
Criteria	JORC Code explanation	Commentary
Sub-sampling techniques and sample preparation	•If core, whether cut or sawn and whether quarter, half or all core taken. •If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. •For all sample types, the nature, quality and appropriateness of the sample preparation technique. •Quality control procedures adopted for all sub-sampling stages to maximize representivity of samples. •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.	•Drill sample recovered pre-2009 was BQ diameter (36.5mm) drill core and post-2009 was NQ diameter (47.6mm). •BQ core was whole-core sampled as determined by company geologists with a minimum sample length of 0.15m and maximum sample length of 0.5m. •NQ core was sawn and half-core sampled as determined by company and consultant geologists with a minimum sample length of 0.15m and maximum sample length of 0.5m. •These sampling procedures are appropriate for the narrow-vein style of deposit. •All QAQC protocol relied on laboratory internal QAQC procedures and protocols. •SGS conducted a number of re-logging campaigns to verify previous logging and assay results during the verification stage of the independent resource estimate. •SGS gave the opinion that “the sample preparation, security and analytical procedures of the 2006, 2009 and 2010 surface drilling campaigns are adequate and were done according to industry standards”. •The Competent Person for this statement has visited the site, viewed the geological logs and photographic evidence of sampling, and reviewed the sampling procedures and assay results and considers the historic sampling techniques to be adequate but recommends a stringent in-house sampling and QAQC protocol be employed with all future drilling.

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Quality of assay data and laboratory tests	•The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. •For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. •Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	•Samples from 2006 onward were submitted to Expert Laboratory, Rouyn-Noranda, Quebec and SGS Lakefield laboratory in Lakefield, Ontario. •Samples were prepared for analysis by Expert using a jaw crusher resulting in 90% of the sample passing through a 10 mesh screen. A split of the crushed sample weighing 300g is then pulverized to 90% passing a 200 mesh screen. The sample pulp was then analyzed for gold by Fire Assay using 30g sample charge with a gravimetric finish. •Samples pulps sent through SGS Lakefield were crushed to 85% passing a 10 mesh screen, pulverized to recover at least 30g passing 150 mesh and analyzed for gold by Screen Fire Assay using a 30g sample charge. •The Competent Person for this statement has reviewed the historic assay techniques employed and considers them appropriate for the style of mineralisation under review however, recommends that future assay work utilizes a whole sample crush, split 500g, pulverize whole sub-split and take a 50g charge for Fire Assay with regular Screen Fire Assay checks. This methodology will reduce the “nugget” effect of the coarse gold seen at the property by analyzing as large a sample as practical.
Criteria	JORC Code explanation	Commentary
Verification of sampling and assaying	•The verification of significant intersections by either independent or alternative company personnel. •The use of twinned holes. •Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. •Discuss any adjustment to assay data.	•In 2007 SGS compiled and verified the contents of the Rocmec 1 drill-hole database. All the information was checked and corroborated with original logs and maps. Only the drill- holes with verifiable coordinates were incorporated in the database. •In 2010 SGS verified the database assay table against the paper logs, sections, and location plans for 646 drill-hole records and channel sample records crossing the mineralized structures of the Rocmec 1 deposit. SGS verified 3,838 sample assay results. The error rate was less than 1% between paper logs and the database records. •Some assay results were converted from CAD$/sample and oz/ton to gram/ton to standardize the dataset. This conversion process may have resulted in minor conversion errors for assays accounting for the different units of measure utilized at the time. •SGS considered all the 2009 and 2010 surface diamond drilling campaign assay results as independent samples as SGS personnel supervised both campaigns. •SGS verified the presence of visible gold in the western part of the Rocmec 1 property. •The Competent Person for this statement has visited the site, reviewed the underground workings in relation to several historical drill-hole intercepts and verifies that the historic data represents the actual and also verified the presence of visible gold in various areas of the mine, including the western extents.

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	Location of data points	•Accuracy and quality of surveys used to locate drill holes (collar and down- hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. •Specification of the grid system used. •Quality and adequacy of topographic control.	•In 2007 SGS compiled and verified the contents of the Rocmec 1 drill-hole database. All the information was checked and corroborated with original logs and maps. Only the drill- holes with verifiable coordinates were incorporated in the database. •SGS verified in 2010 that all Rocmec Mining surface and underground drill-hole collars were considered reliable. •SGS extracted historic drill-hole information from historical maps. The maps were digitized and georeferenced with a reliable Georeferencing Information System (GIS). A certain error persists in the historical information ranging from 5m to 30m radius. Aberrant drill-hole coordinates were corrected and unreliable drillhole information was discarded from the resource estimation. When possible, the survey record, assay records, lithological records of the historical drill-hole data were verified against the paper logs. If any difference occurred between the coordinates of the paper log and historic digitized collar location map, SGS considered the paper log written information as the most reliable.

Criteria	JORC Code explanation	Commentary
Data spacing and distribution	•Data spacing for reporting of Exploration Results. •Whether the data spacing, and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. •Whether sample compositing has been applied.	•Due to the nature of mineralisation the hole spacing is highly variable. •Data spacing is sufficient to establish geological and grade continuities for Mineral Resource estimation to Inferred Category in the NI-43-101 classification. •Please refer to the body of this ASX release for further details regarding relevance and appropriateness of this foreign resource estimate. •No sample compositing was applied.
Orientation of data in relation to geological structure	•Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. •If the relationship between the drilling orientation and the orientation of key mineralized structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	•Drill hole orientations were designed to test perpendicular or sub-perpendicular to the orientation of the intersected mineralisation. Drilling was typically oriented perpendicular to the trend and mapped strike and dip of observed mineralisation on surface and elsewhere in the project area. •Due to the density of drilling and the orientation of drilling perpendicular to mineralized bodies there is limited bias introduced bydrillhole orientation.
Sample security	•The measures taken to ensure sample security.	•The core samples were cut, bagged and sealed with numbered security tags. Once samples arrived at the laboratory the security tags and corresponding samples were verified against onsite logs. Prior to shipment samples were stored in a locked building onsite. Site was always occupied, and no samples were left at the project during field breaks.
Audits or reviews	•The results of any audits or reviews of sampling techniques and data.	•An audit and review of sampling techniques and data was conducted as part of NI-43-101 resource estimation by Geostat, a division of SGS Canada Inc.

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Section 2. Reporting of Exploration Results

Criteria	JORC Code 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 license to operate in the area.	•The mineral concessions of the Rocmec 1 project consist of 34 unpatented claims and 1 mining lease covering approximately 1,411ha. An NSR royalty is payable to Globex Mining of 5% for the first 25,000 ounces produced from the existing mining claim and 3% thereafter from the existing mining claim. •A full list of tenements is given in Schedule C contained in the body of this release. •Orminex has entered into a binding term sheet agreement to acquire 100% of the Rocmec 1 and Denian properties from Nippon Dragon (formerly Rocmec Mining Inc). Subject to the completion of a formal agreement, the consideration for acquisition of the assets are as follows: Upon signing a formal agreement: C$2,000,000 will be paid to Nippon Dragon. 6 months from signing a further C$1,500,000 will be paid to Nippon Dragon. 12 months from signing a further C$1,500,000 will be paid. Orminex will also pay 4,500 ounces of gold to Nippon over an agreed 48 month period from Commencement Date. Further details are included in the body of this ASX release. •For a more complete discussion of 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 relating to the Rocmec 1 project please refer to document NI 43-101 Technical Report: Technical Report, Resource Update, Rocmec 1 Mineral Deposit, Abitibi West, Quebec, Canada for Rocmec Mining Inc. dated 1st June 2010 and available from System for Electronic Document Analysis and Retrieval (www.sedar.com)for Nippon Dragon (formerly Rocmec Mining Inc).

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	Exploration done by other parties	•Acknowledgment and appraisal of exploration by other parties.	•From the first discovery in 1924 to 1985 a total of 23,200m from 166 historical drill-holes were drilled over the Rocmec 1 property. Most of the information was validated from historical paper sections as well as paper logs when possible. The coordinates were transferred into the metric local grid using GIS software. •From 2006 to 2010 a further 10,300m of diamond drilling was drilled by Rocmec Mining both on surface and underground on the Rocmec 1 property. •Since the initial discovery in the 1920s, constant exploration work has been undertaken on the property. More than 30,000m of diamond drilling, a 98m shaft, 844m of ramp, 1,729m of underground galleries and 187m of raises were carried out between 1934 and 1983. Historical exploration summary •In October 1924, A.W. Balzimer and M. Mitto claimed the area with the gold discovery near the actual ramp. Exploration work was concentrated in this part of the property and consisted especially of work of stripping and trench sampling. In 1934-35, Sylvanite Mines drilled 1,111m on the property. Later, Erie Canadian Mines drilled 10 holes before Bordulac Mines bought the property in 1945. Between November 1946 and September 1947, Bordulac Mines drilled several holes totalling 4,208m. Core recovery for this program did not exceed 70% and reached hardly 30% locally. In 1946 geologist H.S. Scott published a geological report on the property. A 46m shaft with two (2) compartments was sunk in 1948-49. Approximately 308m of drifts were dug at level 150 (ft), now called level 45, to explore the Talus vein previously discovered during a surface drilling campaign totalling 2,225m. Another diamond drilling campaign of 640m led to the discovery of the McDowell vein. The shaft was deepened to a 97.5m depth and an additional 494m of drift were dug at level 300 (ft), now called level 90, to intercept the McDowell vein. In 1952, underground work was suspended and the mine was flooded. In 1956-57, an electromagnetic survey was carried out to the eastern end of the gold bearing corridor. From 1961 to 1963, 30 diamond drill holes totalling 7,650 meters verified the in-depth extension of the mineral-bearing structures. Mr. C.W. Archibald prepared a study for North Bordulac Mines, (previously Bordulac Mines) for future mine production of the deposit. In 1967, a diamond drilling campaign totalling 2,114m was conducted to define targets close to surface. In 1969, Gold Hawk Exploration optioned the property and carried out 10 diamond drill holes from surface. In 1972, Gold Hawk Mines bought the mine. It built an access road, pumped out the mine and carried out a sampling program at level 300 (ft), now called level 90. In 1972, Kerr Addison Mines optioned the most part of the property and carried out a vast ground geophysical survey (magnetic and electromagnetic) in the sectors located apart from the known gold bearing zones. The same year, Somed Mines of Montreal optioned the remainder of the property and dug a ramp of 134m to extract the Russian Kid vein (original discovery). It also prepared a detailed study of the geological resources in place but decided not to execute its option. The Somed Report is yet to be located. In 1978, Explorations El Coco acquired the property and built an all-year access road, set up buildings including offices and a machine shop, and installed compressors and generators. From 1979 to 1981, the company extended the access ramp down to level 425 (ft) now called level 130, totalling 814m. It also dug 454m of drifts at level 150 (ft), now called level 45, 202m at level 300 (ft), now called level 90, and 203m at level 425 (ft) now called level 130 (m) and prepared six shrinkages at level 300 (ft), now called level 90 (m), for bulk sampling. Bulk sampling was carried out from January 1981 to January 1982. Gold prices dropped to less than USD$325 during the following months.

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Criteria	JORC Code explanation	Commentary
		During this period, 9,366t of ore was sent to the mill of the Belmoral Mines. At the end of production year 1982, an evaluated quantity of 15,622t was left on the property of which 4,313t was on surface. In 1983, Metalor (in joint venture with El Coco) drilled 30 surface diamond drill holes totalling 5,443m and 24 underground diamond drill holes totalling 1,634m. Also, development work totalling 187m of raises (levels 150(ft), 300(ft) and Q5), 562m of drifts (levels 300(ft) and 425(ft)) and the ramp was extended by a further 31m (level 425(ft)). In March 1984, Asselin, Benoit, Boucher, Ducharme, Lapointe, Inc (ABBDL - TECSULT) submitted a feasibility study on the property. Metallurgical tests were carried out at the Centre de recherche minérale du Québec (CRM) in 1984. In 1985, Dassen Gold Resources Ltd. acquired a 90% interest on the property, the 10% remainder belonging to Consolidated Gold Hawk Resources Inc. A diamond drill campaign totalling 4,095m was carried out to investigate the possible extensions of the known gold bearing veins.0 No work was undertaken on the property after 1986. Dassen Gold Resources Ltd. had a legal conflict with the lender and the company was sued. Dassen was bankrupted in January 2000 and KPMG Inc was appointed as liquidator at the request of the Royal Bank of Canada, the applicant. In April 2003, Les enterprises Minières Globex Inc. bought the current property from KPMG Inc. In April 2005, Mirabel Resources Inc. made an agreement with Les enterprises Minières Globex Inc. for an interest of 100% of the Russian Kid property in exchange of cash and shares. In January 2006, Mirabel Resources Inc changes name to Rocmec Mining Inc. In April 2014, Rocmec Mining Inc changes name to Nippon Dragon Resources Inc (TSX.V:NIP) focused primarily on developing their proprietary thermal fragmentation mining method (Dragon) using the Rocmec 1 property as a test bed and demonstration facility.
Geology	•Deposit type, geological setting and style of mineralisation.	•The Rocmec 1 mineral deposit is an Archean low-sulphide gold-quartz vein type deposit, also known as shear-hosted gold, Archean quartz-carbonate vein gold deposit, Archean lode gold, Archean mesothermal gold deposit or simply an orogenic gold deposit. The deposit occurs primarily within a heavily sheared intrusive mafic, predominantly diorite, sill unit of the Abitibi Greenstone belt within the Abitibi Terrane of the Superior Craton of the Canadian Shield.

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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: `o`easting and northing of the drill hole collar `o`elevation or RL (Reduced Level – elevation above sea level in meters) of the drill hole collar `o`dip and azimuth of the hole `o`down hole length and interception depth `o`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.	•Refer to Appendix A for drill hole information for all reported drill holes for this JORC 2012 Table 1 and in accordance with ASX listing rule 5.7.2.

Criteria	JORC Code explanation	Commentary
Data aggregation methods	•In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. •Where aggregate intercepts incorporate short lengths of high- grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. •The assumptions used for any reporting of metal equivalent values should be clearly stated.	•All drill hole intersections are reported in Table 1, above a lower cut-off grade of 0.5g/t gold and no upper cut off grade has been applied. A maximum of 1m internal waste was allowed. Tabulated results are presented in the main body of this release. •Metal equivalent values are not used.
Relationship between mineralisation widths and intercept lengths	•These relationships are particularly important in the reporting of Exploration Results. •If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. •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’).	•All intersections reported in Table 1 are down hole. •The majority of drill holes are drilled as close to orthogonal to the plane of the mineralized lodes as possible. It is noted that a few “discovery holes” have intersected the mineralisation at a low angle due to unknown geometry prior to intercept and this has been accounted for.
Diagrams	•Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.	•An exploration plan is included in the body of this release as deemed appropriate by the Competent Person.

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Balanced reporting	•Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.	•All results above 0.5g/t lower cutoff are reported in Table 1. •The reported results are considered comprehensive and representative of grades and widths as visually inspected and verified by the Competent Person during site visits to the Rocmec 1 project.
Other substantive exploration data	•Other exploration data, if meaningful and material, should be reported including (but not 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.	•Appropriate exploration plans are included in the body of this release.
Further work	•The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling). •Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	•Orminex intends to rapidly advance the Rocmec 1 project towards drill testing and bringing the NI- 43-101 estimated resources into JORC 2012 compliance. The company also intends to drill the early- stage Denain project, also being acquired with the Rocmec 1 property, and establish a mineral resource estimate there to JORC 2012 compliance. •Appropriate exploration plans are included in the body of this release.

Section 3. Estimation and Reporting of Mineral Resources (NI43-101 Foreign Estimate commentary from Competent Person)

Note: the below information is provided under Listing Rule 5.12.4, as it is considered relevant to understanding the reliability of the foreign estimates contained in this announcement. It should not be understood as the estimation or reporting of mineral resources under Listing Rule 5.8.2 or ore reserves under Listing Rule 5.9.2.

All references to “Mineral Resource(s)” in the second column are to be treated as references to the foreign estimates contained in this announcement for the purposes of the commentary in the third column.

Criteria	JORC Code explanation		Commentary
Database integrity	• Measures taken to ensure that data has not been corrupted by, for example, transcription or keying errors, between its initial collection and its use for Mineral Resource estimation purposes. • Data validationprocedures used.	• To the extent possible the Competent Person has assessed the quality of the data contained within the available database and considers it to be appropriate and of reasonable quality for use in the historical foreign estimate.
Site visits	• Comment on any site visits undertaken by the Competent Person and the outcome of those visits. • If no site visits have been undertaken indicate why this is the case.	• The Competent Person visited the Rocmec property in February 2020 and viewed the hard copy mine plans, exploration maps and available samples, as well as visiting all areas of the Rocmec underground mine to view the infrastructure and areas of extensive in-situ mineralisation. Visible gold was noted in several historical areas of the mine and several areas were identified as suitable drillplatforms for underground

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drilling at existing un-mined footwall and hangingwall lodes.

		drilling at existing un-mined footwall and hangingwall lodes.
Geological interpretation	• Confidence in (or conversely, the uncertainty of ) the geological interpretation of the mineral deposit. • Nature of the data used and of any assumptions made. • The effect, if any, of alternative interpretations on Mineral Resource estimation. • The use of geology in guiding and controlling Mineral Resource estimation. • The factors affecting continuity both of grade and geology.	• The Competent Person is confident in the geological interpretation. The extensive exploration history of the Rocmec asset (almost 100 years) has evolved understanding of the mineralisation to the current interpretation. • The mineralised system at Rocmec is a typical Archean greenstone shear-hosted narrow-vein quartz-carbonate gold deposit, such as those seen in Western Australia, the central-northern United States and north, central and eastern Canada. • The Rocmec mine is hosted in a regional-scale mineralised system hosted by large faults and shears introduced by differential tectonic forces affecting the regional rock- mass. • Local-scale variables including rock-type, fluid chemistry and pressure give rise to variations in mineralisation assemblage and tenor, structural continuity and alteration intensity. • The Competent Person holds the view that the geological interpretation used in the foreign estimate accounts for the variables present in the local area of Rocmec and represents a robust geological model.
Dimensions	• The extent and variability of the Mineral Resource expressed as length (along strike or otherwise), plan width, and depth below surface to the upper and lower limits of the Mineral Resource.	• The extent of the foreign mineral estimate is 1,500m (along-strike) x 600m (width) x 425m (below surface) • There are width and grade variations in all modelled and estimated structures along- strike and down-dip within the foreign mineral estimate. • There is also notable statistical variation in raw sample statistics of sample data from the different modelled and estimated structures within the foreign mineral estimate e.g. the Boucher lodes exhibit higher grades overall than the McDowell or Talus structures. • The Competent Person has reviewed the available data and the blocks against drillhole intercept grades/widths and believes the variability observed is typical of the style of mineralisation and type of deposit that hosts the Rocmec mine.
Estimation and modelling techniques	• The nature and appropriateness of the estimation technique(s) applied and key assumptions, including treatment of extreme grade values, domaining, interpolation parameters and maximum distance of extrapolation from data points. If a computer assisted estimation method was chosen include a description of computer software and parameters used. • The availability of check estimates, previous estimates and/or mine production records and whether the Mineral Resource estimate takes appropriate account of such data. • The assumptions made regarding recovery of by-products. • Estimation of deleterious elements or other non-grade variables of economic	• The foreign mineral estimate was predominantly interpolated using an ordinary inverse of the distance using the 2D composites with the grade thickness method (GT). For structures with limited data a 2D polygonal method was used to interpolate between data points. • Two different orientations were used to estimate along the longitudinal axis of the two predominant structural orientations e.g. McDowell and Talus, while a slight 10deg offset was used to estimate along the longitudinal axis of the Boucher structures. This is an example of how the geological interpretation was used to control the resource estimate. • The foreign mineral estimate used a top-cut of 45g/t for allgradepopulations to

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	significance (eg sulphur for acid mine drainage characterisation). • In the case of block model interpolation, the block size in relation to the average sample spacing and the search employed. • Any assumptions behind modelling of selective mining units. • Any assumptions about correlation between variables. • Description of how the geological interpretation was used to control the resource estimates. • Discussion of basis for using or not using grade cutting or capping. • The process of validation, the checking process used, the comparison of model data to drill hole data, and use of reconciliation data if available.	restrict statistical outliers during the estimation process. • The foreign estimate was conducted only on gold grades and there was no estimation of any other elements, potential by-products or deleterious elements. • The block size employed for the foreign estimate was 5m (X) x 5m (Z) x variable thickness (Y). • 5m x 5m was selected due to its relativity to Selective Mining Units in underground mining and also relative to the average drill spacing of approximately 10m x 20m. • The Competent Person considers the estimation methods used in the foreign mineral estimate as very basic but appropriate.
Moisture	• Whether the tonnages are estimated on a dry basis or with natural moisture, and the method of determination of the moisture content.	• The Specific Gravity of all material in the foreign estimate was 2.7. • It is unclear from the available records as to whether this was wet (natural moisture) or dry.
Cut-off parameters	• The basis of the adopted cut-off grade(s) or quality parameters applied.	• The foreign mineral estimate was reported using a 3.0g/t cut-off. • The Competent Person views this cut-off as reasonable given the prevailing gold price and underground mining as the most likely and appropriate mining method for potential extraction of the mineral resource.
Mining factors or assumptions	• Assumptions made regarding possible mining methods, minimum mining dimensions and internal (or, if applicable, external) mining dilution. It is always necessary as part of the process of determining reasonable prospects for eventual economic extraction to consider potential mining methods, but the assumptions made regarding mining methods and parameters when estimating Mineral Resources may not always be rigorous. Where this is the case, this should be reported with an explanation of the basis of the mining assumptions made.	• The foreign mineral estimate was prepared with underground mining as the most likely and appropriate method of extracting the mineral resource (existing underground mine). • The Competent Person views underground mining as the most likely and appropriate mining method for potential extraction of the mineral resource.
Metallurgical factors or assumptions	• The basis for assumptions or predictions regarding metallurgical amenability. It is always necessary as part of the process of determining reasonable prospects for eventual economic extraction to consider potential metallurgical methods, but the assumptions regarding metallurgical treatment processes and parameters made when reporting Mineral Resources may not always be rigorous. Where this is the case, this should be reported with an explanation of the basis of the metallurgical assumptions made.	• The foreign mineral estimate report outlines a 1984 metallurgical study from ABBDL- TECSULT on recoveries of material mined from the Rocmec mine at 94%-96% recovery utilising standard flotation and cyanidation, although they had not sighted the actual report. • In December 2006, SGS (creator of foreign mineral estimate) was given a Camflo mill report from Rocmec illustrating 92.5%-93.6% recovery from Rocmec mine material.
Environmental factors or assumptions	• Assumptions made regarding possible waste and process residue disposal options. It is always necessary as part of the process of determining reasonable prospects for eventual economic extraction to consider the potential environmental impacts of the mining and processing operation. While at this stage the determination of potential environmental impacts, particularly for a greenfields project, may not always be well advanced, the status of early	• In 2006 Rocmec Mining contracted Laboratoire LTM Inc of Val D’Or who detailed a report that adding 50kg of dolomitic material to every ton of ore from the Rocmec mine would be sufficient to neutralise potential acid generation from ore material during transport for processing and exceeded the Ministry’s rules and regulations. • Rocmec received a Certificate of Authorization to mine and transport ore in July 2007 from MDDEP.

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	consideration of these potential environmental impacts should be reported. Where these aspects have not been considered this should be reported with an explanation of the environmental assumptions made.
Bulk density	• Whether assumed or determined. If assumed, the basis for the assumptions. If determined, the method used, whether wet or dry, the frequency of the measurements, the nature, size and representativeness of the samples. • The bulk density for bulk material must have been measured by methods that adequately account for void spaces (vugs, porosity, etc), moisture and differences between rock and alteration zones within the deposit. • Discuss assumptions for bulk density estimates used in the evaluation process of the different materials.	• The foreign mineral estimate utilises a Specific Gravity of all material of 2.7. • It is unclear from the available records as to whether this was wet (natural moisture) or dry. • Given the relatively high mafic content of the host rock material the Competent Person considers the SG used in the foreign estimate as reasonable.
Classification	• The basis for the classification of the Mineral Resources into varying confidence categories. • Whether appropriate account has been taken of all relevant factors (ie relative confidence in tonnage/grade estimations, reliability of input data, confidence in continuity of geology and metal values, quality, quantity and distribution of data). • Whether the result appropriately reflects the Competent Person’s view of the deposit.	• The Competent Person recognises the variations in the definitions of classification between NI43-101 and JORC 2012 but considers the basis for classification used in the foreign estimate as reasonable and appropriate. • The Competent Person believes that appropriate account has been taken of all relevant factors. • The Competent Person believes that the result of the foreign estimate appropriately reflects the CP’s view of the deposit.
Audits or reviews	• The results of any audits or reviews of Mineral Resource estimates.	• There have been no audits or reviews of the foreign mineral estimates except the Due Diligence conducted by the Competent Person in assessing Rocmec Project.
Discussion of relative accuracy/ confidence	• Where appropriate a statement of the relative accuracy and confidence level in the Mineral Resource estimate using an approach or procedure deemed appropriate by the Competent Person. For example, the application of statistical or geostatistical procedures to quantify the relative accuracy of the resource within stated confidence limits, or, if such an approach is not deemed appropriate, a qualitative discussion of the factors that could affect the relative accuracy and confidence of the estimate. • The statement should specify whether it relates to global or local estimates, and, if local, state the relevant tonnages, which should be relevant to technical and economic evaluation. Documentation should include assumptions made and the procedures used. • These statements of relative accuracy and confidence of the estimate should be compared with production data, where available.	• The Competent Person believes that the foreign estimate is a reasonable representation of the Rocmec mineralisation using the available data and a basic but appropriate estimation methodology. • The Competent Person has conducted a comparative visual review on a long- and cross-sectional basis of the foreign estimate with drill intercepts and considers the foreign estimate block grades to be a fair representation of the drillhole grades. • The Competent Person recommends a more statistically robust sampling process and assaying methodology be implemented for underground sampling and drill-core sampling, including QAQC processes, to ensure that new data is as representative and as high-quality as possible. • The Competent Person also recommends a more advanced interpolation methodology be employed for subsequent mineral resource estimations to address potential spatial bias (clustering) and potential high-grade “smearing”, both known weaknesses of Inverse Distance methods. • Overall (globally) the Competent Person considers the foreign estimate to be a relatively accurate and high-confidence representation of mineralisation at Rocmec.

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GORILLA GOLD MINES LTD — Capital/Financing Update 2021

64983_rns_2021-09-01_5faf5688-6e72-4b7f-a8d7-e6355281e06a.pdf

ORMINEX SECURES TRANSFORMATIONAL ACQUISITION OF HIGH-GRADE GOLD PROJECTS IN WORLD-CLASS LOCATION OF QUEBEC, CANADA

HIGHLIGHTS

LOCATION, INFRASTRUCTURE AND TENURE

ROCMEC GEOLOGICAL SETTING

Regional Geology

Local Geology of the Rocmec Mine

Mineral Deposit characterisation

Mineralisation

Exploration work

DENAIN GEOLOGICAL SETTING

TRANSACTION SUMMARY

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Investor queries:

FORWARD-LOOKING INFORMATION

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Reporting in Accordance with ASX Listing Rule 5.12

1. The source and date of the foreign resource estimates of mineralisation (LR 5.12.1).

2. Whether the foreign resource estimates of mineralisation use categories of mineralisation other than those defined in JORC Code 2012 and if so, an explanation of the differences (LR 5.12.2)

Inferred Mineral Resource

Indicated Mineral Resource

3. The relevance and materiality of the foreign resource estimates of mineralisation to the entity (LR 5.12.3)

4. The reliability of the foreign resource estimates of mineralisation, including reference to any criteria in Table 1 of JORC Code 2012 which are relevant to understanding of the reliability of the foreign resource estimates of mineralisation (LR 5.12.4)

5. To the extent known, a summary of the work programs on which the foreign resource estimates

6. Any more recent estimates or data relevant to the reported mineralisation available to the entity (LR 5.12.6)

7. The evaluation and/or exploration work that needs to be completed to verify the foreign resource estimates of mineralisation as mineral resources or reserves in accordance with JORC Code 2012 (LR 5.12.7)

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8. The proposed timing of any evaluation and/or exploration work that the entity intends to undertake and a comment on how the entity intends to fund that work (LR 5.12.8)

9.A cautionary statement proximate to, and equal prominence as, the reported foreign resource estimates of mineralisation (LR 5.12.9)

10. A statement by a named competent person or persons that the information in the market announcement provided under LR 5.12 to 5.12.7 is an accurate representation of the available data (LR 5.12.10)

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– SCHEDULE D JORC CODE, 2012 EDITION

Section 1. Sampling Techniques and Data

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Section 2. Reporting of Exploration Results

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Section 3. Estimation and Reporting of Mineral Resources (NI43-101 Foreign Estimate commentary from Competent Person)

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