METRO MINING LIMITED — Capital/Financing Update 2016

Jun 9, 2016

10 June 2016

Metro Mining Enters into an Agreement to Acquire 80% of the Mahar San Copper/VMS Project in Myanmar

Key Points

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Via its 100% owned Myanmar subsidiary, Metro Mining Limited (Metro) has signed a joint venture agreement (JVA) to acquire 80% of the Mahar San copper project in Myanmar.

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The Mahar San project is highly prospective for copper, gold and base metal mineralization in Volcanic Massive Sulphide (VMS) settings.

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The project requires minimal cash commitments over the coming 6 months and Metro is engaged in discussions with potential funding parties who have a focus on Myanmar.

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Metro’s key focus is the development of the Bauxite Hills project in Cape York which is on track to commence construction in early 2017 subject to project approvals and funding, both of which are progressing well.

Myanmar Background

Myanmar is one of Asia's great unexplored mineral frontiers with yet to be realized potential for worldclass porphyry copper-gold systems as well as a variety of styles of base metal and tin/tungsten mineralisation all contained within a central volcanic belt that stretches for over 1,000km. There has been virtually no modern exploration targeting these commodities and deposit styles undertaken in Myanmar.

As previously announced, Metro has been reviewing greenfields and brownfields exploration opportunities in Myanmar over the past few years. To enable this activity to continue without intruding on management’s commitment to progressing the Bauxite Hills project in the most timely manner, an Australian led, Myanmar based geological consulting company was engaged to conduct technical reviews of potential opportunities. This process has led to the identification of Mahar San as a very prospective project.

Mahar San Project

The Mahar San project is located in the Sagaing Region of northern Myanmar, approximately 220 km north-northwest of Mandalay (Figure 1). It lies within the Mesozoic to Tertiary Central Volcanic Magmatic Arc that is prospective for various styles of copper, gold and base metal mineralisation.

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ASX Announcement | 10 June 2016 | Page 1

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Mahar San
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Figure 1. Location of Mahar San project. (Source Google Maps)

The project consists of four concessions: three ‘small mining’ concessions for copper (16 to 20 hectares each) and an enveloping, larger copper exploration concession covering 7.5 km2 (Figure 2). Smallscale mining of gold and copper mineralisation has been intermittently undertaken from three small open-pits since 2010. Gold mining ceased in 2013 and the mining of deeper copper sulphide mineralisation was commenced with a small amount copper metal produced from small leach pads.

Metro believes that the application of modern exploration techniques to better assess the area for gold, copper and other base metal mineralisation provides an attractive opportunity for the company which, with the introduction of funding participants, can be executed without distracting management or diverting funds from the development of the Bauxite Hills project which is the company's primary focus.

Geology

Work undertaken to date by Metro’s exploration consultants consists of:

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prospect-specific and grid-based geological mapping,

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• rock-chip and channel sampling of outcropping gossans and sulphide mounds,

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• logging and sampling of three drill holes completed by the Mahar San company,

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• grid-based soil sampling,

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grid-based ground magnetic surveying, and

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ground-based TDEM (Time Domain Electromagnetic) surveying.

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ASX Announcement | 10 June 2016 | Page 2

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Figure 2. Mahar San exploration concession area showing locations of prospects. (Grid lines are spaced at 1 km).

High grades of copper, gold, silver, lead and zinc were returned from rock-chip and channel sampling of sulphide mounds within the Mahaga open pit with the best result being a channel sample of 4m at 6.7 g/t Au, 261 g/t Ag, 1.35% Cu, 2.63% Pb and 11.6% Zn. Resampling and assaying of core from a pre-existing drill hole (DH2) at the south end of the open pit, returned 4m at 10.1 g/t Au, 254 g/t Ag, 0.58% Cu, 0.7% Pb and 9.96% Zn from 13.6m to 17.6m (Figure 3). The poly-metallic nature of the mineralisation, as well as its geological setting in andesitic volcanic rocks, is indicative of a Volcanic Massive Sulphide (VMS) system. Examples of VMS deposits within Australia are the Hellyer and Que River mines in western Tasmania and the Woodlawn mine in central NSW.

	SUMMARY OF THEROCKCHIPSAMPLING ANDCHANNELSAMPLINGRESULTS	SUMMARY OF THEROCKCHIPSAMPLING ANDCHANNELSAMPLINGRESULTS	SUMMARY OF THEROCKCHIPSAMPLING ANDCHANNELSAMPLINGRESULTS	SUMMARY OF THEROCKCHIPSAMPLING ANDCHANNELSAMPLINGRESULTS	SUMMARY OF THEROCKCHIPSAMPLING ANDCHANNELSAMPLINGRESULTS	SUMMARY OF THEROCKCHIPSAMPLING ANDCHANNELSAMPLINGRESULTS	SUMMARY OF THEROCKCHIPSAMPLING ANDCHANNELSAMPLINGRESULTS	SUMMARY OF THEROCKCHIPSAMPLING ANDCHANNELSAMPLINGRESULTS
Sample from	Sample to	Site	Sample **Type **	Channel, Drill Hole	From (m)	To (m)	Interval (m)	Average Grade
277102	277105	Mahaga	Channel	MSCH_1	2	10	8	0.48 g/t Au, 1.33% Cu
277109	277110	Mahaga	Channel	MSCH_1	16	20	4	6.7 g/t Au, 261 g/t Ag, 1.35% Cu,2.63%Pb,11.6%Zn
2777111	277112	Mahaga	Channel	MSCH_2	0	4	4	0.68 g/t Au
2777127		Mahaga	Channel	MSCH_3	16	18	2	0.79 g/t Au, 1.78% Cu
277129	277131	Mahaga	Channel	MSCH_3	20	26	6	0.95 g/t Au
277135		Managa	Grab					1.51 g/t/Au
277136	277145	Thit Set Te	Channel	MSCH_4			2	1 g/t Au, 0.68% Cu
277146	277152	Shwe Mon	Channel	MSCH_6			2	0.39 g/t Au, 1.01% Cu
277154	277156	Mahaga South	Drill Core	DH_2	13.6	17.6	4	10.1 g/t Au, 254 g/t Ag, 0.58% Cu, 0.7%Pb, 9.96%Zn
277159	277168	Other prospects	Grab, channel					Maximum 0.45 g/t Au, 0.24% Cu

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ASX Announcement | 10 June 2016 | Page 3

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4m at 6.7 g/t Au, 261 g/t Ag, 1.35% Cu,
2.63% Pb, 11.6% Zn
8m at 1.33% Cu, 0.48 g/t Au
4m at 10.1 g/t Au, 254 g/t Ag, 0.58% Cu,
0.7% Pb, 9.96% Zn
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Figure 3. Locations of selected high grade sample results from the Mahaga open pit (shaded green)

Given the poor outcrop within the concession area and the nature of the VMS-style mineralisation, Metro commissioned a ground magnetic survey to assist in understanding the structure and geology; a grid-based soil sampling program to outline any geochemical anomalism; and a ground-based Time Domain Electromagnetic (EM) survey to detect conductive sulphides that may be associated with polymetallic mineralisation. The soil sampling and EM survey were focused on a northeast-trending corridor that included the existing open pits as well as other areas of gossan and sulphide mineralisation within the andesitic volcanic sequence. EM is regarded as one of the most effective tools for detecting VMS mineralisation, particularly in areas where outcrop is poor.

Interpretation of the EM data has highlighted several anomalies which may represent mineralisation (Figure 4). The most significant conductive response is Anomaly A which is regarded as a high-priority drill target. Anomaly A lies at depth within the general area of the small open pits. Anomalies B, D and G are other conductors that warrant drill testing. Anomaly G is further enhanced by its association with soil geochemistry anomalous in copper, zinc, lead and gold.

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ASX Announcement | 10 June 2016 | Page 4

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Figure 4. A coloured image of channel 20 of the EM data against a greytone image of the magnetic data showing the defined conductors.

Mahar San Joint Venture Agreement (JV)

A Summary of the JVA between Metro Myanmar and Mahar San Company is below:

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Covers exploration and mining of Yar Taung Mine project, comprising1853.5 acres.

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• A joint venture company will be established, with Metro to contribute US$62,500 for an 80% interest and Mahar San to contribute its tenements.

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Metro will loan at least US$100K per year to the JV company to undertake drilling, resource definition, feasibility studies and other evaluations.

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The Parties may not sell, transfer, pledge, encumber or transmit any of their rights or obligations arising out of this Agreement except in certain cases.

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ASX Announcement | 10 June 2016 | Page 5

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• Significant obligations of Metro are:

• to make necessary capital contributions as set out in the JVA;

• to carry on the relevant exploration activities and pre-feasibility study including Environmental Impact Assessment, Social Impact Assessment and Mine Closure Plan at the relevant time;

• to report exploration results, mineral resources, ore reserves and feasibility study of the Project in accordance with the JORC Code 2012; and

• to perform all the activities in relation to the public, regulatory and corporate affairs of the Company.

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Metro is able to terminate the JVA at any time if exploration results are deemed unsatisfactory.

The JVA is subject to certain conditions precedent which include the transfer of the Mahar San tenements to the joint venture company and the completion of technical due diligence.

Metro will carry out its joint venture activities through a number of contractors. This will enable Metro to keep its immediate focus on the development of the Bauxite Hills project in Cape York, which is on track to commence construction in early 2017 subject to project approvals and funding, which are both progressing.

Metro will also seek to involve other investors who have a focus on Myanmar at certain points throughout the Mahar San project development.

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For further Information Contact: Chief Executive Officer Mr Simon Finnis |Company Sec Mr Scott Waddell T: +61 (0) 7 3009 8000 F: +61 (0) 7 3221 4811 | E: info@metromining.com.au W: www.metromining.com.au ASX : MMI Registered Office Lvl 8, 300 Adelaide St, Brisbane GPO Box 10955, Brisbane Q 400

DISCLAIMER : Statements and material contained in this Announcement, particularly those regarding possible or assumed future performance, production levels or rates, commodity prices, resources or potential growth of Metro Mining Limited, industry growth or other trend projections are, or may be, forward looking statements . Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Graphs used in the Announcement (including data used in the graphs) are sourced from third parties and Metro Mining has not independently verified the information. Metro Mining is at an early development stage and while it does not currently have an operating bauxite

mine it is taking early and preliminary steps (such as but not limited to Feasibility studies etc.) that are intended to ultimately result in the building and construction of an operating mine at its project areas. Although reasonable care has been taken to ensure that the facts stated in this Announcement are accurate and or that the opinions expressed are fair and reasonable, no reliance can be placed for any purpose whatsoever on the information contained in this document or on its completeness. Actual results and developments may differ materially from those expressed or implied by these forward looking statements depending on a variety of factors. Nothing in this Announcement should be construed as either an offer to sell or a solicitation of an offer to buy or sell shares in any jurisdiction.

Competent Person Statement: The information in this report that relates to Exploration Results is based on information compiled by Neil McLean who is a consultant to Metro Mining and a Fellow of the Australian Institute of Mining and Metallurgy (F.AusIMM).Mr McLean has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activities 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 McLean consents to the inclusion in the report of the matters based on information in the form and context in which it appears.

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ASX Announcement | 10 June 2016 | Page 6

JORC Code, 2012 Edition – Table 1 report

Mahar San Project – Exploration Results

Section 1 Sampling Techniques and Data

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

Criteria	JORC Code explanation - DSO (“Direct Shipping Ore”)	JORC Code explanation - DSO (“Direct Shipping Ore”)	Commentary
Sampling		Nature and quality of sampling (eg cut channels, random chips, or	Sampling consists of 57 channel samples, 6 grab and rock chip samples, 5
Techniques		specific specialised industry standard measurement tools appropriate	drill core samples and 222 soil samples.
		to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not	Channel samples are between 1m and 2m in length and were collected by
		be taken as limiting the broad meaning of sampling.	pick over a continuous interval. Grab and rock sample samples were
		Include reference to measures taken to ensure sample representivity	collected by geological hammer or pick. The drill core samples were
		and the appropriate calibration of any measurement tools or systems	selectively collected by hand from very broken and pre-sampled drill core.
		used.	Soil samples were collected from the B to C soil horizons from holes
		Aspects of the determination of mineralisation that are Material to the	approximately 20cm to 40cm deep.
		Public Report.
		In cases where ‘industry standard’ work has been done this would be	Channel, rock chip and grab samples were selectively collected from
		relatively simple (eg ‘reverse circulation drilling was used to obtain 1	gossaneous and sulphide-rich material where it was exposed in open pits or
		m samples from which 3 kg was pulverised to produce a 30 g charge	observed during geological mapping and as such are only representative
		for fire assay’). In other cases more explanation may be required,	of mineralised material.
		such as where there is coarse gold that has inherent sampling
		problems. Unusual commodities or mineralisation types (eg submarine	Soil samples were collected systematically on a 200m by 50m grid except
		nodules) may warrant disclosure of detailed information.	from areas where obvious surface disturbance had occurred. As such they
			are regarded as being representative.
Drilling		Drill type (eg core, reverse circulation, open-hole hammer, rotary air	The company has not undertaken any drilling. Selective sampling of drill
Techniques		blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple	core from 1 of 3 existing diamond drill holes was undertaken.
		or standard tube, depth of diamond tails, face-sampling bit or other
		type, whether core is oriented and if so, by what method, etc).
Drill Sample		Method of recording and assessing core and chip sample recoveries	Although the company has not undertaken any drilling selective drill core
Recovery		and results assessed.	sampling was undertaken from 1 of 3 existing diamond holes. The core was
		Measures taken to maximise sample recovery and ensure	broken and core loss was evident therefore the results from the sampling
		representative nature of the samples.	cannot be taken as being fully representative of the interval that was drilled
		Whether a relationship exists between sample recovery and grade	and subsequently sampled.
		and whether sample bias may have occurred due to preferential
		loss/gain of fine/coarse material.
Logging		Whether core and chip samples have been geologically and	The company has not undertaken any drilling. Core from 3 existing diamond
		geotechnically logged to a level of detail to support appropriate	drill holes were qualitatively logged.
		Mineral Resource estimation, mining studies and metallurgical studies.
		Whether logging is qualitative or quantitative in nature. Core (or
		_costean, channel, etc) photography. _

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Criteria

JORC Code explanation - DSO (“Direct Shipping Ore”)

Commentary

		The total length and percentage of the relevant intersections logged.
Sub-Sampling		If core, whether cut or sawn and whether quarter, half or all core	Core from 1 of the existing 3 diamond drill holes was selectively sampled by
Techniques		taken.	hand picking from broken core that had been pre-sampled. As a result of
and Sample		If non-core, whether riffled, tube sampled, rotary split, etc and	the pre-disturbance it was not possible to apply appropriate quality control
Preparation		whether sampled wet or dry.	procedures.
		For all sample types, the nature, quality and appropriateness of the
		sample preparation technique.
		Quality control procedures adopted for all sub-sampling stages to
		2maximize 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.
Quality of		The nature, quality and appropriateness of the assaying and	All samples were prepared at SGS’s laboratory in Yangon, Myanmar. 150g
Assay Data &		laboratory procedures used and whether the technique is considered	pulps were then transported to SGS’s Perth, Australia laboratory where
Laboratory		partial or total.	analyses were carried out.
Tests		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	Au was assayed by Fire Assay on a 30g charge (SGS code FAA303). All other elements were analysed by ICPAES (SGS code ICP40Q). Over limit grade samples were reanalysed by AAS42S. These analytical techniques are
		their derivation, etc.	regarded as being total.
		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	No analytical results have been quoted using geophysical tools and other handheld instruments.
		established.	Two standard reference samples for gold-copper were obtained from Ore
			Research & Exploration (OREAS 504b and OREAS 602). Four of the reference
			samples were submitted with the initial batch of 65 rock samples and 8 were
			submitted with the soil sample batch. This was regarded as an appropriate
			measure of the accuracy of the laboratory. For the soil samples the results
			were all within two standard deviations of the certified values. For the rock
			samples although some of the non copper and gold elements were just
			outside tolerance limits, the overall results were considered reliable.
			No blanks or field duplicates were submitted with any of the batches.
Verification of		The verification of significant intersections by either independent or	No drilling has been undertaken by the company and hence verification
Sampling and		alternative company personnel.	protocols do not apply.
Assaying	 	The use of twinned holes. Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.	Digital data received from the laboratory has been merged with locational data. No assay data has been adjusted.
		Discuss any adjustment to assay data.
Location of		Accuracy andquality of surveys used to locate drill holes(collar and	All geochemical sample locations have been located using handheld

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Criteria	JORC Code explanation - DSO (“Direct Shipping Ore”)	JORC Code explanation - DSO (“Direct Shipping Ore”)	Commentary
Data Points		down-hole surveys), trenches, mine workings and other locations used	Garmin GPS units. The coordinate system used is WGS84 Zone 46. X and Y
		in Mineral Resource estimation.	coordinate data is regarded as being acceptable for the purposes of
		Specification of the grid system used.	locating the sample sites. Topographic control is not regarded as being
		Quality and adequacy of topographic control.	critical at this stage of exploration.
			For the ground magnetic survey the instrument used (GSM -19W
			Overhausen Fast Sampling Magnetometer) has an integrated GPS receiver
			system.
			The TDEM survey was undertaken on grid lines that were put in using
			handheld GPS units.
Data Spacing		Data spacing for reporting of Exploration Results.	Soil samples were collected at 50m intervals along north-south oriented lines
& Distribution		Whether the data spacing and distribution is sufficient to establish the	200m apart over an area of 1.65km2.
		degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and	Ground magnetic data were collected on north-south lines 200m apart.
		classifications applied.	TDEM data were collected at 50m intervals on north-south lines 100m apart
		Whether sample compositing has been applied.	using 100m by 100m transmitter/receiver loops. Lines were closed to 50m
			apart over Anomaly A.
			None of the data collected is appropriate for use in calculating Mineral
			Resources and Ore Reserves.
Orientation of		Whether the orientation of sampling achieves unbiased sampling of	Soil sampling, magnetic surveying and TDEM surveying were undertaken on
Data in		possible structures and the extent to which this is known, considering	north-south oriented lines on the basis of structures that potentially control
Relation to		the deposit type.	mineralisation trend northeast and northwest.
Geological		If the relationship between the drilling orientation and the orientation
Structure		of key mineralized structures is considered to have introduced a
		sampling bias, this should be assessed and reported if material.
Sample		The measures taken to ensure sample security.	Adequate security was employed in the collection, storage and transport of
Security			samples.
Audits or		The results of any audits or reviews of sampling techniques and data.	No independent audits have been undertaken of the sampling techniques
reviews			and data as it is not deemed necessary at this stage of exploration.

Section 2 Reporting of Exploration Results

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

Criteria	JORC Code explanation - BH6 DSO (“Direct Shipping Ore”)	JORC Code explanation - BH6 DSO (“Direct Shipping Ore”)	Commentary
Mineral		Type, reference name/number, location and ownership including	The Mahar San project consists of one Mining Exploration concession of
Tenement and		agreements or material issues with third parties such as joint ventures,	7.5km2and three enclosed Small Mining concessions of 0.16km2, 0.18km2
Land Tenure		partnerships, overriding royalties, native title interests, historical sites,	and 0.2km2owned by a small Myanmar company called Mahar San.

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Criteria	JORC Code explanation - BH6 DSO (“Direct Shipping Ore”)	JORC Code explanation - BH6 DSO (“Direct Shipping Ore”)	Commentary
Status		wilderness or national park and environmental settings.	Metro has signed a joint venture agreement that entitles it, after a payment
		The security of the tenure held at the time of reporting along with any	of US$100,000 to 80% of the JV company that owns the property.
		known impediments to obtaining a licence to operate in the area.
Exploration		Acknowledgment and appraisal of exploration by other parties.	The Mahar San company, that owns the concessions, has undertaken small-
Done by			scale mining in three small open pits and produced small quantities of
Other Parties			copper (reported to be around 4 tonnes) and gold (reported to be around
			4 to 5kg) from leaching operations. Three diamond drill holes were
			completed by the Mahar San company with one hole intersecting poly-
			metallic Au-Cu-Pb-Zn-Ag mineralisation.
Geology		Deposit type, geological setting and style of mineralization.	On the basis of geological mapping, poly-metallic mineral associations and
			the presence of pods of massive sulphides the style of mineralisation is
			interpreted as Volcanic Massive Sulphide (VMS). The host geology is
			dominated by andesitic and dacitic volcanic rocks and associated
			volcaniclastic rocks.
Drill Hole		A summary of all information material to the understanding of the	The company has not drilled any holes. Information pertaining to the three
Information		exploration results including a tabulation of the following information	holes drilled by the Mahar San company is incomplete.
		for all Material drill holes:
		 easting and northing of the drill hole collar
		 elevation or RL (Reduced Level – elevation above sea level in
		metres) of the drill hole collar
		 dip and azimuth of the hole
		 down hole length and interception depth
		 hole length.
		If the exclusion of this information is justified on the basis that the
		information is not Material and this exclusion does not detract from
		the understanding of the report, the Competent Person should clearly
		explain why this is the case.
Data		In reporting Exploration Results, weighting averaging techniques,	For the reporting of the channel sampling results normal weighted
Aggregation		maximum and/or minimum grade truncations (eg cutting of high	averaging has been used where sample lengths vary from 1m to 2m. High
Methods		grades) and cut-off grades are usually Material and should be stated.	values have not been truncated. A lower cut-off grade has not been
		Where aggregate intercepts incorporate short lengths of high grade	applied; instead a visual cut-off has been applied as the mineralisation
		results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of	boundaries appear to be quite sharp.
		such aggregations should be shown in detail.
		The assumptions used for any reporting of metal equivalent values
		should be clearly stated.
Relationship		These relationships are particularly important in the reporting of	The company has not drilled any holes.
between Mineralization		Exploration Results. If the geometry of the mineralization with respect to the drill hole angle is known, its nature should be reported.	The channel sampling of sulphide mounds exposed in the open pits is controlled more by the distribution of the outcrop than the geology of the

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Criteria	JORC Code explanation - BH6 DSO (“Direct Shipping Ore”)	JORC Code explanation - BH6 DSO (“Direct Shipping Ore”)	Commentary
Widths and		If it is not known and only the down hole lengths are reported, there	mineralisation. The quoted length of the mineralisation from channel
Intercept		should be a clear statement to this effect (eg ‘down hole length, true	sampling results does not necessarily reflect the true thickness of the
Lengths		width not known’).	mineralisation.
Diagrams		Appropriate maps and sections (with scales) and tabulations of	See diagrams in the report.
		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.
Balanced		Where comprehensive reporting of all Exploration Results is not	A table is included in the report presenting a range of results from the rock
Reporting		practicable, representative reporting of both low and high grades	chip and channel sampling.
		and/or widths should be practiced to avoid misleading reporting of
		Exploration Results.
Other		Other exploration data, if meaningful and material, should be	A ground magnetic survey of 54.4 line km was undertaken over the entire
Substantive		reported including (but not limited to): geological observations;	concession area on 200m spaced north-south lines. The data has provided
Exploration		geophysical survey results; geochemical survey results; bulk samples –	information on the geological structures and potential trends of
Data		size and method of treatment; metallurgical test results; bulk density,	mineralisation.
		groundwater, geotechnical and rock characteristics; potential
		deleterious or contaminating substances.	Time Domain Electromagnetic (TDEM) surveying was undertaken on north-
			south lines over an area of 1.65km2. The survey indentified at least 4
			conductors that could represent massive sulphide mineralisation and
			warrant drilling.
			Soil sampling was undertaken at 200m by 50m centres on north-south lines
			over the same 1.65km2area as the TDEM survey. The survey produced areas
			of multi-element anomalism that, in part, coincided with the TDEM
			conductors.
Further Work		The nature and scale of planned further work (eg tests for lateral	The next stage of work that is proposed is the drill testing of the most high-
		extensions or depth extensions or large-scale step-out drilling).	priority of the TDEM conductors.
		Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas,	Additional soil sampling is proposed to close off some anomalous areas.
		provided this information is not commercially sensitive.

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