KINGSROSE MINING LIMITED — Interim / Quarterly Report 2013

Oct 25, 2012

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

**Appendix

5B Mining
exploration
entity
quarterly
report**

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10

NameofEntity KingsroseMiningLimited	Quarterended:	Quarterended:
ABN 49112389910	30September2012
Consolidatedstatementofcashflows Cashflowsrelatedtooperatingactivities	Currentquarter $A’000	Yeartodate (3months) $A’000
1.1 Receiptsfromproductsalesandrelateddebtors 1.2 Paymentsfor (a)explorationandevaluation (b)development (c)production (d)administration 1.3 Dividendsreceived 1.4 Interestandotheritemsofasimilarnaturereceived	7,619 (4,418) (2,092) (4,419) (1,450) R 271	7,619 (4,418) (2,092) (4,419) (1,450) R 271
1.5 Interestandothercostsoffinancepaid	(6)	(6)
1.6 Incometaxespaid 1.7 Other(providedetailsifmaterial)	(3,563) R	(3,563) R
NetOperatingCashFlows	(8,058)	(8,058)
Cashflowsrelatedtoinvestingactivities
1.8 Paymentforpurchasesof: (a)prospects (b)equityinvestments (c)otherfixedassets 1.9 Proceedsfromsaleof: (a)prospects (b)equityinvestments (c)otherfixedassets 1.10 Loanstootherentities 1.11 Loansrepaidbyotherentities 1.12 Other(providedetailsifmaterial)	R R (728) R R 22 R R R	R R (728) R R 22 R R R
Netinvestingcashflows	(706)	(706)
1.13 Totaloperatingandinvestingcashflows	(8,764)	(8,764)
Cashflowsrelatedtofinancingactivities
1.14 Proceedsfromissuesofshares,options,etc. 1.15 Proceedsfromsaleofforfeitedshares 1.16a Intercompanyborrowings 1.16 Proceedsfromborrowings 1.17 Repaymentofborrowings 1.18 Dividendspaid 1.19a Other(RoyaltySettlement)	36 R R R R (12,568) R	36 R R R R (12,568) R
1.19b Other(Repaymentofhirepurchases)	(71)	(71)
Netfinancingcashflows	(12,603)	(12,603)
Netincrease/(decrease)incashheld	(21,367)	(21,367)
1.20 Cashatbeginningofperiod/yeartodate 1.21 Exchangerateadjustmentstoitem1.20	30,125 (139)	30,125 (139)
1.22 Cashatendofquarter	8,619	8,619

• See chapter 19 for defined terms.

Appendix 5B Page 1

Appendix 5B Mining exploration entity quarterly report

Payments)to)directors)of)the)entity)and)associates)of)the)directors Payments)to)related)entities)of)the)entity)and)associates)of)the)related)entities

1.23	Aggregateamountofpaymentstothepartiesincludedinitem1.2	Currentquarter $A'000
		267
1.24	Aggregateamountofloanstothepartiesincludedinitem1.10	0
1.25 2.1	Explanationnecessaryforanunderstandingofthetransactions
	Nil
	60,015ouncesofsilverweredeliveredtoCreditSuisseduringthequarteraspartofthe Company'sobligationundertheprepaidsilverforwardsaletransactionenteredintoinDecember 2010.
2.2 3.1 3.2	Details of outlaysmade by other entities to establish or increase their sharein projectsinwhichthereportingentityhasaninterest
	Nil
	Financingfacilitiesavailable Loanfacilities Creditstandbyarrangements Estimatedcashoutflowsfornextquarter Subsequentto30September2012,ashorttermloanfacilityofUS$5,000,000 wasarrangedon19October2012withAdvanceConceptHoldingsPtyLtd (“ACH”),acompanyinwhichMr.Phillips,anonLexecutivedirectorofthe Company,isassociated.
		Amountavailable $A’000	Amount used $A’000
		4,778 L L L
		$A’000
		$A’000
4.1 4.2 4.3 4.4	Explorationandevaluation Development Production Administration	850 765 8,346 1,666
	Total	11,627

• See chapter 19 for defined terms.

Appendix 5B Page 2

Appendix 5B Mining exploration entity quarterly report

Reconciliation'of'cash

Reconciliationofcash
Reconciliationofcashattheendofthequarter(asshownin theconsolidatedstatementofcashflows)totherelateditems intheaccountsisasfollows.	Currentquarter $A'000	Previous quarter $A'000
5.1 Cashonhandandatbank	4,619	15,225
Depositsatcall 5.3 Bankoverdraft Other(providedetails) 5.2 5.4	4,000 F F	14,900 F F
Total:cashatendofquarter(item1.22)	8,619	30,125

Changes'in'interests'in'mining'tenements

		Tenement	Natureof	Interestat	Interestatend
		reference	interest	beginningof	ofquarter
			(Note2)	quarter
6.1	Interestsinminingtenementsrelinquished,reducedor	Nil
	lapsed
6.2	Interestsinminingtenementsacquiredorincreased	Nil

• See chapter 19 for defined terms.

Appendix 5B Page 3

Appendix 5B Mining exploration entity quarterly report

Issued(and(quoted(securities(at(end(of(current(quarter

Issuedandquotedsecuritiesatendofcurrentquarter	Issuedandquotedsecuritiesatendofcurrentquarter	Issuedandquotedsecuritiesatendofcurrentquarter	Issuedandquotedsecuritiesatendofcurrentquarter	Issuedandquotedsecuritiesatendofcurrentquarter	Issuedandquotedsecuritiesatendofcurrentquarter	Issuedandquotedsecuritiesatendofcurrentquarter
Descriptionincludesrateofinterestandanyredemptionorconversionrightstogetherwithpricesanddates.
		Totalnumber		Numberquoted	Issuepriceper security (SeeNote3)($)	Amountpaidup persecurity (SeeNote3)($)
7.1 7.2	+Preferencesecurities Changesduringquarter (a)Increasesthroughissues (b)Decreasesthroughreturnsofcapital,buy6backs, redemptions	6	6	6	6	6
		6 6	6 6	6 6	6 6	6 6
7.3 7.4	+Ordinarysecurities Changesduringquarter (a)Increasethroughexerciseofoptions (b)Increasethroughissues (c)Releasefromescrow (d)Decreasesthroughreturnsofcapital,buy6backs	KRM	289,388,617	289,388,617	6	6
		KRMO 6 6 6	177,772 6 6 6	177,772 6 6 6	6 6 6 6	6 6 6 6
7.5	+Convertibledebtsecurities	6	6	6	6	6
7.6	Changesduringquarter
	(a)Increasesthroughissues	6	6	6	6	6
	(b)Decreasesthroughredemptionofsecurities.	6	6	6	6	6
7.7	Options	Unlisted	Unlisted		Exerciseprice ($)	Expirydate
		KRMAK KRMAM KRMAO KRMAQ KRMAU KRMAY KRMAW	75,000 150,000 1,500,000 2,000,000 3,000,000 250,000 1,000,000	6 6 6 6 6 6 6	1.59 0.73 0.25 1.59 1.54 1.42 1.53	31/12/12 8/03/15 31/12/12 various various 22/12/13 various
		KRMAW(2) KRMAW KRMAI	500,000 500,000 100,000		1.53 1.26 1.27	22/02/14 various 14/02/15
7.8 7.9 7.10			9,075,000
		Listed KRMO	Listed 1,136,413	1,136,413	0.20	31/12/12
			1,136,413
	Issuedduringquarter
		Unlisted KRMAW KRMAI	Unlisted 500,000 100,000		1.26 1.27	various 14/02/15
	Exercisedduringquarter Expired(cancelled)duringquarter	KRMO	177,772	177,772	$0.20	31/12/12
		6	6	6	6	6
7.11	Debentures(totalsonly)	6	6	6	6	6
7.12	Unsecurednotes(totalsonly)	6	6	6	6	6

• See chapter 19 for defined terms.

Appendix 5B Page 4

Appendix 5B Mining exploration entity quarterly report

**Compliance

statement**

1 This
statement
has
been
prepared
under
accounting
policies
which
comply
with
accounting
standards
as defined
in
the
Corporations
Act
or
other
standards
acceptable
to
ASX
(see
note
5).

• 2 This
  statement
  does
  give
  a
  true
  and
  fair
  view
  of
  the
  matters
  disclosed.

==> picture [25 x 14] intentionally omitted <==

==> picture [103 x 66] intentionally omitted <==

Sign
here: ............................................................
Date:
26
OCTOBER
2012 (Company
Secretary)

Print
name: JEANNETTE
P
SMITH

Notes

1 The
quarterly
report
provides
a
basis
for
informing
the
market
how
the
entity’s
activities
have
been
financed
for the
past
quarter
and
the
effect
on
its
cash
position.
An
entity
wanting
to
disclose
additional
information
is encouraged
to
do
so,
in
a
note
or
notes
attached
to
this
report.

• 2 The
  “Nature
  of
  interest”
  (items
  6.1
  and
  6.2)
  includes
  options
  in
  respect
  of
  interests
  in
  mining
  tenements acquired,
  exercised
  or
  lapsed
  during
  the
  reporting
  period.
  If
  the
  entity
  is
  involved
  in
  a
  joint
  venture
  agreement and
  there
  are
  conditions
  precedent
  which
  will
  change
  its
  percentage
  interest
  in
  a
  mining
  tenement,
  it
  should disclose
  the
  change
  of
  percentage
  interest
  and
  conditions
  precedent
  in
  the
  list
  required
  for
  items
  6.1
  and
  6.2.

• 3 Issued
  and
  quoted
  securities The
  issue
  price
  and
  amount
  paid
  up
  is
  not
  required
  in
  items
  7.1
  and
  7.3
  for
  fully paid
  securities .

• 4 The
  definitions
  in,
  and
  provisions
  of, AASB
  6:
  Exploration
  for
  and
  Evaluation
  of
  Mineral
  Resources and AASB
  107: Statement
  of
  Cash
  Flows apply
  to
  this
  report.

• 5 Accounting
  Standards ASX
  will
  accept,
  for
  example,
  the
  use
  of
  International
  Financial
  Reporting
  Standards
  for foreign
  entities.
  If
  the
  standards
  used
  do
  not
  address
  a
  topic,
  the
  Australian
  standard
  on
  that
  topic
  (if
  any)
  must be
  complied
  with.

==
==
==
==
==

• See chapter 19 for defined terms.

Appendix 5B Page 5