MEEKA METALS LIMITED — Capital/Financing Update 2014

Jul 7, 2014

ASX Release ASX Release 31 January 2014 8 July 2014

Ground Floor Ground Floor, 16 Ord Street, 16 Ord Street, West Perth WA 6005

PO BOX 902 West Perth WA 6872

P + 61 8 9482 0500 F + 61 8 9482 0505 E investor@integratedresources.com.au W www.integratedresources.com.au

Contact:

Michael EdwardsContact:

Chief Executive Officer (CEO) Morgan Barron E medwards@irglimited.com.au Director M 0427 001 819 E mbarron@ventnorcapital.com

Nathan Sabao Directors: Country / Exploration Manager - Zambia Timothy Moore - Chairman

Plot No 9722/C Central Street, Morgan Barron - Director

Jesmondine, Lusaka John Richards - Director

Roger Steinepreis - Director P +260 976 448 530

Brett Tucker - Company Secretary Non-Executive Directors: Timothy Moore – Non Exe Chairman Mike Edwards – Consultant Geologist Morgan Barron - Non Exe Director John Richards - Non Exe Director Roger Steinepreis - Non Exe Director

Issued Capital:

Brett Tucker - 1,408,499,328 Ordinary Shares (IRG) Company Secretary 400,000,000 Unlisted Options

(0.225 cents to 30/06/15) Mike Edwards – Chief Executive Officer (CEO)

ASX Code:

IRG (Fully Paid Ordinary Shares) Issued Capital: 1,408,499,328 Ordinary Shares (IRG) 400,000,000 Unlisted Options

Progress on Re-logging of Historical Cores Including Initial XRF Results

Integrated Resources Group Limited (ASX : IRG, “IRG”, “the Company ”) is pleased to announce that re-logging of historical diamond drill cores from the Kalengwa South project has progressed with two holes now re-logged to date. XRF readings from a historical core section were also undertaken to validate high grade historical results and has furthered the Company’s understanding of the target geology.

Core re-logging to date has focused on diamond holes MR415 and MR418 from the Karibarembi prospect, with historic results previously reported as 7.3% Cu over 3.2m (incl. 23% over 0.75m) and 2.44% over 0.30m respectively.

Readings from a Handheld X-Ray Flourescence (XRF) analyser were taken from the archived half-core of MR415 in order to validate the reported historic assay results, with XRF readings given at Appendix 1. The XRF readings were taken at varying sample intervals based on visual characteristics over a 9m section of core from 11m drill depth confirming significant copper mineralisation.

The Company Exploration Manager was unable to take XRF readings from representative intervals of diamond drill core MR418 for reporting as the core was too badly damaged.

Mike Edwards, CEO, commented “These initial XRF readings are important in verifying historical drill results at Kalengwa South and highlight the prospectivity of this project. We are continuing to develop our understanding of the project geology as core re-logging and desktop studies progress.”

Re-logging of the cores has so far shown that the ore bearing zone is moderately brecciated, the main alteration assemblages include iron oxide, potassic alteration, minor scapolitization within breccia clasts and albitization which is an end member of the potassic alteration. Copper minerals include chalcocite and supergene malachite. Further, minor sulphides, being mostly pyrite, were noticed in a few localities.

(0.225 cents to 30/06/15) 38,000,000 Unlisted Options (Management) (0.3 - 0.4 cents to 31/12/16)

ASX Code:

IRG (Fully Paid Ordinary Shares)

Photo of the core tray for diamond drill core MR415

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From initial geological modelling, it appears that the depth and thickness of the ore bearing brecciated zone is increasing to the south of the tenement. This model will be tested and defined further through geochemical and geophysical programs, and eventually drilling which is planned for August / September after the required environmental approvals are received.

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Map of Kalengwa South Project showing Prospect Areas and Historic Exploration Results

Environmental Approvals

The Company has submitted revised Environmental Project Brief (EPB) reports following feedback received from ZEMA as part of the approval process. Approvals are expected to be received towards the end of July.

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Map of Kalengwa South Project showing Location of Select Historic Diamond Drill Holes

Kind regards

On behalf of Integrated Resources Group Limited

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Tim Moore

Chairman

Kalengwa Projects

The ‘Kalengwa South’ Project has been determined as the flagship project in the portfolio, located on Prospecting Licence 17212, with an area totalling 557km[2] . The other three permits are contiguous and together comprise the ‘Kalengwa East’ project totalling 2,632km[2] (Prospecting Licences 18211, 17211 & 18162).

Historical drilling has been conducted on the Kalengwa South project and a significant database has been developed including over 300 shallow holes, 120 percussion holes, and 21 diamond holes which have identified four highly prospective targets. Refer to ASX announcement on 4 February 2014 for details of the project and JORC reporting. The Kalengwa East project is located in an area that is prospective for IOCG style mineralisation, similar to that of First Quantum’s Kansanshi mine to the north. Several exploration targets have already been identified from the regional magnetics.

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Map showing Kalengwa Project Location

Competent Person Statement:

The information included in this report that relates to Historical Exploration Results is based on information compiled by Michael Edwards, B.Sc, B.Bus, Grad dip OEN, a competent person who is a member of the Australian Institute of Geoscientists. Mr Edwards is a consultant for the Company and holds a direct interest in Integrated Resources. Mr Edwards has worked as a geologist in regional exploration, mine evaluation and resource estimation roles for over 10 years in precious and base metal deposits. Mr. Edwards has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Edwards consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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Appendix 1 – XRF Results from Diamond Drill Core MR415

Results are reported in parts per million (ppm).

Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K	Reading No SAMPLE LOCATION INSPECTOR Mo U Th Pb Zn Cu Ni Co Fe Mn K
1	MR 415-1	20-41	SABAO	8.81	< LOD	18.77	7.25	18.54	369.31	108.96	< LOD	34200.98	226.08	21014.39
2	MR 415-2	20-41	SABAO	10.92	< LOD	24.16	19.97	67.68	1695.01	167.62	< LOD	44765.46	< LOD	1477.57
3	MR 415-3	20-41	SABAO	11.52	< LOD	21.72	< LOD	41.6	1281.73	87.55	848.79	105972.64	< LOD	9915.88
4	MR 415-4	20-41	SABAO	6.32	< LOD	8.49	< LOD	< LOD	269.11	63.62	177.79	40950.49	235.96	11150.02
5	MR 415-5	20-41	SABAO	6.14	6.99	16.74	7.18	20.14	202.71	67.67	343.33	54432.06	280.5	13872.11
6	MR 415-6	20-41	SABAO	6.37	< LOD	19.56	< LOD	< LOD	255.68	112.8	282.52	68306.13	276.76	19636.14
7	MR 415-7	20-41	SABAO	8.51	8.43	12.3	< LOD	< LOD	243.73	52.37	184.64	29412.39	116.12	5308.85
8	MR 415-8	20-41	SABAO	8.36	7.99	6.8	< LOD	< LOD	421.89	44.76	< LOD	22726.53	106.59	7745.37
9	MR 415-9	20-41	SABAO	7.43	< LOD	20.66	< LOD	< LOD	771.97	83.8	180.16	47782	313.8	11681.25
10	MR 415-10	20-41	SABAO	3.58	< LOD	< LOD	< LOD	< LOD	7717.47	56.23	< LOD	16033.65	92.77	1147.07
11	MR 415-11	20-41	SABAO	< LOD	< LOD	< LOD	< LOD	< LOD	878.85	< LOD	< LOD	1300.17	98.69	629.18
12	MR 415-12	20-41	SABAO	< LOD	< LOD	< LOD	< LOD	133.6	223561.2	108.26	< LOD	11627.45	< LOD	1877.68
13	MR 415-13	20-41	SABAO	< LOD	< LOD	< LOD	< LOD	< LOD	72682.77	< LOD	284.39	18395.57	530.82	1078.27
14	MR 415-14	20-41	SABAO	33.63	46.17	2132.27	49.38	60.37	7655.18	357.49	< LOD	121513.93	< LOD	33223.81
15	MR 415-15	20-41	SABAO	< LOD	100.37	< LOD	323.7	14728.77	51709.71	< LOD	< LOD	370877.59	< LOD	6096.87
16	MR 415-16	20-41	SABAO	44.47	14	< LOD	< LOD	< LOD	82751.45	152.71	745.67	250074.39	< LOD	5031.2
17	MR 415-17	20-41	SABAO	51.14	< LOD	< LOD	< LOD	< LOD	304225.3	184.5	< LOD	235451.88	< LOD	< LOD
18	MR 415-18	20-41	SABAO	11.87	< LOD	< LOD	< LOD	< LOD	49338.49	< LOD	< LOD	86017.98	< LOD	5167.41
19	MR 415-19	20-41	SABAO	< LOD	< LOD	< LOD	792.92	< LOD	368083.4	< LOD	416.22	85465.99	< LOD	7465.26
20	MR 415-20	20-41	SABAO	< LOD	< LOD	< LOD	< LOD	< LOD	573.66	57.82	< LOD	12626.71	81.64	12444.77
21	MR 415-21	20-41	SABAO	5.68	< LOD	19.65	< LOD	34	3437.71	153.53	< LOD	179334.67	< LOD	27256.78
22	MR 415-22	20-41	SABAO	4.63	< LOD	< LOD	< LOD	< LOD	2683.37	74.07	< LOD	75025.3	385.97	21187.66
23	MR 415-23	20-41	SABAO	< LOD	< LOD	< LOD	< LOD	38.66	1089.49	100.29	< LOD	158028.77	< LOD	39413.84
24	MR 415-24	20-41	SABAO	7.33	< LOD	< LOD	< LOD	< LOD	5887.02	< LOD	1418.98	142026.58	< LOD	27151.44
25	MR 415-25	20-41	SABAO	22.92	17.71	< LOD	< LOD	171.84	31856.65	< LOD	1483.76	484820.25	< LOD	3825.1
26	MR 415-26	20-41	SABAO	6.27	< LOD	< LOD	< LOD	< LOD	1263.2	48.71	325.52	46882.26	313.75	5740.88
27	MR 415-27	20-41	SABAO	< LOD	< LOD	< LOD	< LOD	< LOD	478202.4	< LOD	< LOD	85350.92	< LOD	589.75
28	MR 415-28	20-41	SABAO	< LOD	< LOD	< LOD	< LOD	< LOD	3467.57	69.91	273.36	49048.82	300.83	20973.32
29	MR 415-29	20-41	SABAO	6.86	< LOD	< LOD	< LOD	< LOD	5161.37	< LOD	785.27	99656.59	< LOD	21663.04
30	MR 415-30	41-60	SABAO	6.63	< LOD	19.43	< LOD	30.85	376.01	< LOD	< LOD	11033.73	< LOD	1213.21
31	MR 415-31	41-60	SABAO	< LOD	< LOD	< LOD	5	< LOD	228.54	< LOD	< LOD	4617.01	91	822.77
32	MR 415-32	41-60	SABAO	14.4	< LOD	< LOD	< LOD	< LOD	255966.9	< LOD	661.23	214395.58	< LOD	< LOD
33	MR 415-33	41-60	SABAO	< LOD	< LOD	< LOD	< LOD	< LOD	69640.2	< LOD	546.09	59939.14	< LOD	8639.34
34	MR 415-34	41-60	SABAO	5.14	< LOD	< LOD	< LOD	< LOD	1347.77	102.06	477.82	73877.08	126.54	21608.95
35	MR 415-35	41-60	SABAO	5.03	< LOD	< LOD	8.36	32.74	3584.93	107.07	478.07	46317.75	3862.85	10809.38
36	MR 415-36	41-60	SABAO	4.32	< LOD	< LOD	< LOD	40.1	10219.14	92.57	< LOD	109115.83	< LOD	30071.08
37	MR 415-37	41-60	SABAO	5.98	< LOD	14.88	17.94	< LOD	8526.99	107.37	713.36	79685.7	1703.52	12491.01
38	MR 415-38	41-60	SABAO	5.67	< LOD	< LOD	< LOD	< LOD	11210.85	58.3	< LOD	130956.52	< LOD	9147.56
39	MR 415-39	41-60	SABAO	4.97	< LOD	< LOD	< LOD	< LOD	1619.62	136.33	314.58	93184.24	441.72	21973.16
40	MR 415-40	41-60	SABAO	3.61	< LOD	13.22	< LOD	24.15	754.22	119.86	< LOD	123329.16	< LOD	33651.46
41	MR 415-41	41-60	SABAO	8.16	12.44	< LOD	< LOD	160.42	84155.28	224.21	2913.25	55499.11	88137.88	5304.96
42	MR 415-42	41-60	SABAO	< LOD	< LOD	< LOD	15.6	< LOD	4253.98	89.42	315.79	90879.16	1300.24	37790.95
43	MR 415-43	41-60	SABAO	< LOD	13.59	< LOD	< LOD	31.99	1820.68	71.53	< LOD	141116.09	< LOD	43488.77
44	MR 415-44	41-60	SABAO	4.92	< LOD	< LOD	< LOD	< LOD	16709.57	262.51	1608.6	135537.97	3279.15	21193.27
45	MR 415-45	41-60	SABAO	< LOD	13.17	< LOD	< LOD	< LOD	152094.5	< LOD	1004.98	14759.84	20555.96	2659.85
46	MR 415-46	41-60	SABAO	< LOD	< LOD	< LOD	< LOD	< LOD	1698.76	124.64	< LOD	80224.7	455.08	11755.91
47	MR 415-47	41-60	SABAO	6.79	< LOD	< LOD	< LOD	< LOD	1203.96	116.17	504.09	87002.77	385.91	26511.33
48	MR 415-48	41-60	SABAO	4.34	< LOD	< LOD	< LOD	< LOD	2593.88	137.13	< LOD	101509.48	< LOD	17143.9
49	MR 415-49	41-60	SABAO	< LOD	< LOD	< LOD	< LOD	30.75	4283.01	74.97	< LOD	135615.3	< LOD	21826.15
50	MR 415-50	41-60	SABAO	< LOD	< LOD	10.72	< LOD	< LOD	582.47	98.92	205.54	59144.1	250.57	20216.88
51	MR 415-51	41-60	SABAO	5.24	< LOD	< LOD	< LOD	< LOD	124.46	104.9	< LOD	63678.33	266.83	33894.06
52	MR 415-53	41-60	SABAO	6.66	7.93	14.59	8.5	< LOD	218.34	160.27	325.84	82912.63	379.32	36206.25
53	MR 415-54	41-60	SABAO	5.07	< LOD	< LOD	< LOD	27.81	881.09	< LOD	< LOD	107767.87	< LOD	32296.27
54	MR 415-55	41-60	SABAO	5.42	< LOD	< LOD	< LOD	67.4	1906.59	140.02	< LOD	151227.84	< LOD	28258.76
55	MR 415-56	41-60	SABAO	8.78	< LOD	21.19	< LOD	38.95	1101.31	197.55	< LOD	369198.66	< LOD	8135.1
56	MR 415-57	41-60	SABAO	6.14	< LOD	< LOD	< LOD	63.51	4681.57	183.54	< LOD	140508.31	< LOD	9533.2
57	MR 415-58	41-60	SABAO	5.12	11.3	< LOD	< LOD	< LOD	403.95	99.1	< LOD	175535.39	< LOD	22893.1
58	MR 415-59	41-60	SABAO	3.76	8.25	< LOD	82.67	< LOD	386.71	65.24	< LOD	110224.53	< LOD	28708.17
Average Cu values of 58 readings from a length of 9m in PPM									40522.63
Average Cu values of 58 readings from a length of 9m in %									4.05%

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Appendix 2: JORC Code, 2012 Edition Table 1 Reporting, Sections 1 & 2

Section 1 Sampling Techniques and Data

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

Criteria	JORC Code explanation	Commentary
Sampling techniques	 Nature and quality of sampling (eg cut channels, random chips, or specific specialised 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 pulverised 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.	A Portable Niton XL3T handheld X-Ray fluorescence (XRF) analyser was used to estimate base metal content on competent retained ½ core material for initial verification of historical assay results from previously reported historical drilling programs. Reported sampling was completed on dried ½ core previously washed with water and brush. The face of the instrument was cleaned after ever reading. Instrument self-calibrated between readings. Readings taken from evenly measured intervals of 20cm in zones with no visible mineralization identified in geological logging, and sampling density increased to 10cm in zones with visible mineralization.
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, by what method, etc).	No drilling completed in reported exploration results Historical diamond drilling completed on Kalengwa South project recovering NQ (47.6mm diameter) core from standard core tubes with no further drilling technique information currently available for historical datasets.
Drill sample recovery	 Method of recording and assessing core and chip sample recoveries and results assessed.  Measures taken to maximise 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.	Refer to JORC Table 1 information located in Appendix A of ASX Announcement released on 4 February 2014

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Criteria	JORC Code explanation	Commentary
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 and percentage of the relevant intersections logged.	Previous disclosure for historical diamond drilling at the time of project acquisition indicated that the Historic geological logging was not of a quality to support mineral resource estimation and historical exploration results are not to be relied upon for mineral resource estimation. Historical diamond core material has been located and geology is being re- logged to a level of detail to increase confidence in historical datasets to a level appropriate to support mineral resource estimation.
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 maximise 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.	 Historical cut core has been cleaned and length of core measured for comparison to previous logs to assure that sample integrity and quantity of recovered material is appropriate.  Sample spacing of XRF measurements down-hole completed on evenly measured intervals of 20cm in zones with no visible mineralization identified in logging, and sampling density increased to 10cm in zones with visible mineralizationNo study of heterogeneity or grain size of material being sampled has been undertaken to date.
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 (ie lack of bias) and precision have been established.	The XRF results reported are considered to be semi-quantitative, with the purpose of verification of historical assay results and are used to evaluate the tenor but not absolute value of the contained mineralisation. The XRF results are not formal assays and are an estimate of Cu grades only and are not to be taken as quantitative for the purpose of mineral resource estimation. The XRF hand-held device is a Niton XL3T  Readings are taken on flat cut surface of washed and dried core material  Device is self-calibrated  Each sample location is comprised of 3 separate 20 second readings totalling 60 seconds per reading averaged for each sample location  The face of the instrument is cleaned

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Criteria	JORC Code explanation	Commentary
		after every reading
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.	 The XRF results are an initial step in the verification process of historical exploration results to increase confidence in previous analytical work.  Data is managed by IRG exploration manager  Primary data is both manually and digitally recorded and results downloaded from the handheld device by the on-site geologist and data transferred to Joint Venture partners for offsite back- ups  No adjustment to assay data
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.	 No data reported is intended for Mineral Resource  WGS 84 Zone 35S  Topographic control derived from remote sensing datasets is adequate for early stage nature of exploration activities
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.	Refer to JORC Table 1 information located in Appendix A of ASX Announcement released on 4 February 2014 Current data spacing and distribution is insufficient for mineral resource estimation No sample compositing has been 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 mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	 Nature and geometry of the mineralisation is the subject of further exploration work.
Sample security	 The measures taken to ensure sample security.	 No assessment made for historical exploration results
Audits or reviews	 The results of any audits or reviews of sampling techniques and data.	None available

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Section 2 Reporting of Exploration Results

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

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 licence to operate in the area.	 The Company holds rights to earn an 85% interest in an incorporated Joint Venture that holds a 100% interest in 4 granted exploration tenements in Zambia by completing an earn-in expenditure of US$825,000 by 30 Nov 2016 (refer to ASX release dated 7 May 2014 for terms of agreement). The 4 granted tenements include the Kalengwa South project located on Prospecting Licence 17212, with an area totalling 557km2. The Kalengwa East project is comprised of three contiguous permits which total 2,632km2 (Prospecting Licences 18211, 17211 & 18162)
Exploration done by other parties	 Acknowledgment and appraisal of exploration by other parties.	 Refer to JORC Table 1 information located in Appendix A of ASX Announcement released on 4 February 2014
Geology	 Deposit type, geological setting and style of mineralisation.	Refer to ASX Announcement released on 4 February 2014
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 metres) 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 B of ASX Announcement released on 4 February 2014
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.	Reported XRF include a summary of 58 measurements made in varying sample spacing over the 9m interval. All readings are reported and the average of the 58 reading collected does not take into account the varying sampling interval lengths.

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Criteria	JORC Code explanation	Commentary
	 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.	Reported intersections of historical assay results are based on a 0.5% Cu lower cut-off, no upper-cut applied and no internal dilution on nominal 1.5m interval sampling. No metal equivalent values reported, and no metal equivalency 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’). _	 Historical exploration results provide only indications of extensive mineralisation within the project area and are not relied upon to quantify grade or define geometry of mineralisation
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.	 Included in body of report as deemed appropriate by the Competent Person
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.	 Comprehensive reporting of handheld XRF results for all diamond core interval tested to validate previous exploration results are included in the report.
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.	 Refer to JORC Table 1 information located in Appendix A of ASX Announcement released on 4 February 2014
Further work	 The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).  Diagrams clearly highlighting the areas ofpossible extensions,	Refer top Body of Report

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Criteria	JORC Code explanation	Commentary
	including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.

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