ORA BANDA MINING LTD — Investor Presentation 2016

Nov 28, 2016

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Driving Value Through Production and Exploration

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November 2016

Disclaimer

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Competent Persons Statement

• The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Mr Michael Thomson, an employee of Eastern Goldfields Limited, who is a Member of the Australian Institute of Mining and Metallurgy. Mr Thomson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking 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 Thomson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

• The information in this presentation that relates to Mineral Resources is based on, and fairly represents, information and supporting documentation compiled by or under the supervision of Mr Michael Thomson, a Competent Person who is a member of the Australasian Institute of Mining and Metallurgy, a ‘Recognised Professional Organisation’ (‘RPO’) included in a list that is posted on the ASX website from time to time. Mr Thomson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 and 2012 Editions of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Eastern Goldfields Limited confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources, all material assumptions and technical parameters underpinning the estimates in the initial announcement continue to apply and have not materially changed. Eastern Goldfields Limited confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

• The information in the presentation is extracted from the report entitled “Presentation” created on 28 January 2016 and is available to view on www.asx.com.au. Eastern Goldfields Limited confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, all material assumptions and technical parameters underpinning the estimates in the January 28 announcement continue to apply and have not materially changed. Eastern Goldfields Limited confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.

Forward Looking Statements

• Eastern Goldfields Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. To the maximum extent permitted by law, none of Eastern Goldfields Limited, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it. This announcement is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this announcement nor anything in it shall form the basis of any contract or commitment whatsoever. This announcement may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. 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, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. Eastern Goldfields Limited undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events other than required by the Corporations Act and ASX Listing Rules. Accordingly you should not place undue reliance on any forward looking statement.

2

Investment Highlights

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1 2 3 4	Turnaround Complete	• Debt free • $5.5m in cash (at 30 September) • Advanced clear development program • Experienced board and management
	Production Restart Imminent	• On track for restart of mining and processing Mar Q 2017 • Key infrastructure already in place (replacement value ~$120m, refurb. cost ~$17m) • Refurbishment of 1.2Mtpa Davyhurst Processing Plant underway • Targeting rapid ramp up in production
	Large Resource Base	• Resource base of 1.5Moz at an average grade of 2.5 g/t1 • Strong potential to increase near mine resource ounces – supported by recent drilling results • Multiple high grade underground targets identified
	Significant exploration upside	• Dominant ground position over extensive greenstone belt in Eastern Goldfields region • Approximately 170km strike length in total; significant organic growth potential on 1,365 km2tenements • No significant regional drilling undertaken in last 20 years outside boundaries of historical resources

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1. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

3

Corporate Overview

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Capital Structure (ASX:EGS)

Share Chart

Issued Capital	489.53m
Options On Issue1	50.2m
Share Price	$0.21
Market Capitalisation	~$102.8m
Cash in bank(30 Sept 2016)	~$5.5m
Debt	Nil
Enterprise Value (A$m)	~$165.6m

• 1 25.1m options exercisable at 16.8 cents expiring 8 March 2018 and 25.1 million options exercisable at 18.9 cents expiring 8 March 2020 subject to vesting conditions

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Board

Shareholder Breakdown

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Michael Fotios Executive Chairman
Board & Management
16%
Alan Still Non-Executive Director
Institutional Investors
39%
Craig Readhead Non-Executive Director 20%
High Net Worths
25% Other
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4

Project Overview

• Located ~120km north west of Kalgoorlie within the North Eastern Goldfields of Western Australia

• Coverage of ~150 strike kms of greenstone sequences prospective for gold

• 236 tenements covering ~1,365km[2] containing multiple mining centres

• Aggregation of 5 former standalone projects

• Each project area hosts multiple o/p and u/g opportunities

• 1.2Mtpa CIL processing plant and associated infrastructure located at Davyhurst

• Project on care and maintenance since 2008

• Company currently focused on two key hubs:

• Priority 1 – Davyhurst Hub

• Priority 2 – Mt Ida Hub

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Strategic Joint Venture – Menzies and Goongarrie

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• Binding Heads of Agreement executed with Intermin Resources Ltd (ASX: IRC)

• Earn-in joint venture on IRC’s Menzies and Goongarrie projects

• EGS to sole fund and manage A$5.5m of exploration and development studies over 4 years to earn a 65% interest in the Menzies and Goongarrie project areas

• EGS to subscribe for A$1.5m of IRC shares

• EGS to work toward building sufficient mining inventory to enable the construction of a high grade mill in the Mount Ida / Menzies region

• EGS to focus on grassroots exploration and resource growth at Goongarrie while providing a potential toll treatment option for IRC’s 100% owned Goongarrie Lady Resource

• IRC will now accelerate exploration, development and production activities within its Kalgoorlie project area focussing on Teal Stage 1 development

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Broad Arrow
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Our Strategy - Three Stage Approach

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1

Near Term Mining Opportunities

Focused on two hubs: 1. Davyhurst Project Hub (Priority 1) 2. Mt Ida Project Hub (Priority 2)

2

Resource Development Drilling out of near mine ounces underway

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3

Exploration to Drive Next Phase of Resource Growth

Focusing on known mineralisation as well as grassroots exploration

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Davyhurst Hub – Near Term Gold Production

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• Large existing resource base - 18.6Mt @ 2.3g/t

• Past production +500,000ozs

• Includes the Siberia area, Davyhurst area (Golden Eagle deposit and LOI Mining Centre), Callion area, Waihi area, Mulline area and Riverina area

• Substantial production infrastructure, including 1.2Mtpa CIL processing plant and associated infrastructure currently being refurbished

• Mining operations expected to recommence March Qtr 2017 at:

• Open pit resources at Siberia (Sand King and Missouri deposits);

• Underground resources within the Davyhurst area (Lights of Israel & Golden Eagle)

• Significant number of development opportunities within the Davyhurst hub

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8

Davyhurst Hub – Production Potential

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• Targeting 80,000 ounces p.a. by June 2017

• Targeting step change to +100,000 ounces p.a. by December 2017

• Based on 800,000tpa throughput – potential to lift to +1.2mtpa

• Strong potential to lift production profile through increased throughput rate and increased throughput grade

• Production profile increased with ore sourced from:

• Riverina

• Callion

• Waihi

Indicative Project Development Plan – by Deposit + est. capex

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The production targets stated are based on the economic evaluation of Inferred and Indicated JORC 2004 compliant Resources. All evaluation work has utilised industry standard costs and production rates.

There is an inherent lower level of geological confidence with the inferred Resources and there is no certainty that further exploration will result in the determination of Indicated Mineral Resources.

9

Davyhurst Hub – Resource Development Program

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• Significant number of exploration opportunities within the Davyhurst hub:

• Current focus on extension of existing resources

• Hosts some of the largest deposits within the entire portfolio with considerable potential for the discovery of new gold deposits

• Drilling currently focused on:

• Sand King Completed

• Missouri Completed

• LOI (Makai) Completed

• Callion Ongoing

• • Riverina Ongoing

• Waihi Proposed

• Results to date demonstrate potential to increase near mine resources

• Intended outcomes for drilling program include:

• JORC 12 compliance

• Completion of a mining study

• Resource additions

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Davyhurst Hub – Plant Refurbishment Underway

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• Refurbishment of the 1.2Mtpa Davyhurst Plant underway

• Targeting re-commissioning in Mar Q 2017

• Existing infrastructure includes:

• 1.2Mtpa processing facility

• Mains power via Goldfields grid

• 180 person camp and associated buildings at Davyhurst

• Water supplied from existing borefields

• Haul roads

• Extensive spares inventory

• Tailings storage facility

• Estimated refurbishment cost ~$17m consisting of:

• Plant upgrade - $13m

• Plant refurbishment - $1m

• Site services - $1m

• Plant power & water - $2m

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Mt Ida Project Hub - Overview

• High grade, low tonnage (e.g. Andy Well, Paulsens) - 317kt @ 13.8g/t

• Potential for stand alone operation

• Historic production: +500kt @ +15g/t Au

• Drilling commenced in June 2016

• Exploration focus now shifts to building high quality mineral resource base

• Feasibility study in 2017

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Exploration - Regional Reconnaissance Program

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• Objectives – generate new discoveries within the belt

• Systematic exploration program to be pursued

• • Historically fractured tenure led to a disjointed approach to exploration across the project area

• Method – generate regionally consistent datasets for:

• 1:10,000 or 1:5,000 detailed geological outcrop mapping

• Detailed air magnetic survey

• Regional advanced 3D modelling where appropriate

• Soil Geochemistry – auger drilling to generate regionally consistent dataset

• This process has commenced:

• Detailed geological outcrop mapping – Siberia, Mulline/Riverina

• Regional advanced 3D modelling – Siberia

• Soil Geochemistry (Auger) – Mulline

• Ongoing budget commitment of approximately $1m per year

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EGS mid tier vs. ASX listed gold peers

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Source: Hartleys Limited as at 28 November 2016

14

Appendix

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Davyhurst & Waihi Mining Centres

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16

Davyhurst & Waihi

• New geological models for mineralisaton being developed – focus on LOI complex & Waihi Lode System

• Underground evaluation work looks to the system rather than individual lodes

• LOI Complex - multiple ore sources with shared existing capital infrastructure

• Waihi Lode System - multiple ore sources of shared planned capital infrastructure

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17

Lights Of Israel (LOI) Complex – 3D View

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Note: The potential quantity and grade of the Exploration Targets are conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

Note : Refer to ASX announcements dated 28 January 2016 and 10 August 2016 for further information .

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LOI Mining Centre Exploration Targets – Additional Information

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The Exploration Targets are based upon a comprehensive geological and mineralisation review conducted by Eastern Goldfields Limited. This modelling utilised a combination of exploration drilling data, underground sampling along with detailed geologic observations. A high proportion of the LOI deposit was drilled with diamond core and as such there has been significant data available to compile geologic models and justify the projection of mineralisation down plunge.

Historical survey, geology and assay records reviewed, validated and were utilised to create a 3-dimensional geological and mineralisation model. RC drill diameter was 5 ½ inch and diamond core size was NQ. RC drill sample were collected at 1m intervals and diamond core was cut to geological intervals. Assay methods of drill hole samples was by aqua regia or fire assay using accredited laboratories.

The grades of these exploration targets has been assigned by detailed assessment of previous production from the Lights Of Israel and Great Ophia Deposits along with detailed statistical modelling ( ID2 and Ordinary Kriging) of sample grades from within the mineralised systems. In areas where there is little or no existing data the grade has been derived from the geological investigations into continuity of existing mineralisation and geology (projecting down plunge) and are conceptual in nature with confirmatory RC and DD drilling required to validate these targets which is scheduled for completion in 2016. Samples will be submitted to accredited laboratories for gold assay (fire assay) with a full suite of QAQC samples (blanks, standards and field duplicates).

Planned Exploration work:

In the short term (2016) Eastern Goldfields Limited plans to drill RC and diamond holes to evaluate the geology, grade and width of the target. Drilling will target remnant pillars and areas below current mining depths. Samples will be submitted to accredited laboratories for gold assay with a full suite of QAQC samples (blanks, standards and field duplicates). If this drill program is deemed successful a geological and resource model will be produced. The resource model will be classified as inferred/indicated as deemed appropriate.

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LOI Complex – New Drilling Location

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• Results from Lights of Israel Complex confirm gold mineralisation at Makai and Great Ophir, enhancing underground mining opportunities

• LOI Complex located within 1 kilometre of the Davyhurst processing plant

• Significant drilling results

• 5.5m @ 5.95g/t Au from 122.2m

• 7.0m @ 4.05g/t Au from 218.0m, including 4.3m @ 5.90g/t Au

• 7.0m @ 3.60g/t Au from 134.0m, including 2.1m @ 7.98g/t Au

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Note: Results released in ASX announcement dated 10 August 2016

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Makai Schematic Long Section looking East

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Note: Results released in ASX announcement dated 10 August 2016

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Golden Eagle

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Note: Results released in ASX announcement dated 19 May 2016

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Davyhurst – Waihi Complex

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Note: Results released in ASX announcement dated 26 May 2016

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Davyhurst - Dexy Prospect

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• Encouraging drilling results returned at the Dexy Prospect:

• 5.00m @ 11.04g/t Au from 65.00m 8.00m @ 2.94g/t Au from 35.00m 6.00m @ 3.08g/t Au from 12.00m 2.00m @ 5.45g/t Au from 20.00m

• Dexy mineralisation has been defined over a strike length of greater than 300 metres, while the structure itself remains open to the north and south and is prospective for over 500 metres

• Further infill and extensional drilling planned

Plan View – Showing hole positions and historical open pit

Note: Results released in ASX announcement dated 26 May 2016

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Davyhurst - Dexy Prospect

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Looking North – Oblique Section 6673700N showing mineralised trend

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Looking North – Oblique Section 6673725N showing mineralised trend

Note: Results released in ASX announcement dated 26 May 2016

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Walhalla Complex

• Encouraging gold results from diamond drilling.

• Results confirm the presence of significant mineralisation identified by recent RC drilling.

• Potential to provide near term oxide mill feed.

• Significant drilling results:

• 3.30m @ 5.96g/t Au, including 0.50m @ 30.29g/t Au

• 9.80m @ 5.57g/t Au, including 0.80m @ 44.10g/t Au &

• 0.70m @ 17.36g/t Au

• 25.60m @ 1.57g/t Au including 0.70m @ 12.00g/t Au

• 7.00m @ 3.70g/t Au from 98.00m

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Note: Results released in ASX announcement dated 15 June 2016 and 18 July 2016

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Walhalla North Prospect

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Location Setting, plan view - showing WNP in relation to the

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Plan View – drill hole location plan –

Note: Results released in ASX announcements dated 15 June 2016 and 18 July 2016

27 Round Dam mineralised trend

Walhalla North Prospect

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Cross section E-F -

Note: Results released in ASX announcements dated 15 June 2016 and 18 July 2016

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Callion Location

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29

Callion Mining Centre

• Historic high grade underground producer

• Recent drilling confirms underground mining potential

• Significant new drilling results

7.7m @ 9.35g/t Au from 232.05m - Including 2.50m @ 20.67g/t Au (Main Lode)

& 2.90m @ 6.35g/t Au

0.30m @ 19.97g/t Au from 191.8m (Hanging Wall Lode) 0.5m @ 8.78g/t Au from 250.5m (Hanging Wall Lode) 6.7m @ 11.03g/t Au from 269.3m

• Exploration potential

• Down plunge continuations

• Parallel lode structures

• Repetitions along strike

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Note: Results released in ASX announcement dated 28 July 2016 & 24 November 2016

30

Callion

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Callion Cross section 6665360mN, looking NNW showing recent drill results

Callion plan view showing drill hole locations and open pit

Note: Results released in ASX announcement dated 28 July & 24 November 2016

31

Callion

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Note: The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Refer to slide 29: Callion Exploration target – Additional Information

Note: Drill results released to ASX on 29 August 2014, 28 July 2016 & 24 November 2016.

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Callion Exploration Target - Additional Information

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Basis for the Callion Exploration Target:

The Exploration Targets were calculated using historic data that was collated by Eastern Goldfields Limited. The data consisted principally of channel sample assays and ore thicknesses and RC and diamond drill intersections. Lubbock compiled these data into mine blocks with associated grades and tonnages. Historical survey, geology and assay records were used to create a 3-dimensional model of the underground workings. The channel samples were collected across the width of the drive and/or stope face, generally perpendicular to the strike of the structure that controls mineralisation. Sample and assay methods of underground channel samples is unknown. RC drill sample were collected at 1m intervals and diamond core was cut to geological intervals. Assay methods of drillhole samples was by aqua regia or fire assay using accredited laboratories. In total, there are 1608 stope samples, 947 face samples and 13 drill hole samples used within the area of calculated Exploration Target.

Techniques for Calculating the Grade and Tonnage Ranges for the Callion Exploration Target:

Hard copy survey and geology plans and long sections were digitised and registered in 3-dimensional space. A 3- dimensional model of the ore zones was constructed from the registered plans and drillhole data. Gold assay grades and widths were digitised from the plans. Due to the narrow and variable width of the orebody the estimation was based on an accumulation method. The accumulation varible (GramMetres = Width*Au Grade) and the Width were estimated (Ordinary Kriging) into a block model. The grade was back-calculated by dividing the estimated GramMetres by the estimated Width. A specific gravity of 2.7 t/m3 for fresh rock was applied based on 22 core samples.

Planned Exploration work:

In the short term (2016) Eastern Goldfields Limited plans to drill RC and diamond holes to evaluate the geology, grade and width of the target. Drilling will target remnant pillars and areas below current mining depths. Samples will be submitted to accredited laboratories for gold assay with a full suite of QAQC samples (blanks, standards and field duplicates). If this drill program is deemed successful a geological and resource model will be produced. The resource model will be classified as inferred/indicated as deemed appropriate.

33

Riverina & Mulline

• Shear hosted vein sets in Basalts and Porphyries, past production approx. 290,000 ozs

• Lady Gladys largest historical producer in the field; comprises multiple vein sets

• Company has identified similar prospectivity at Peach Tree, Lady Jane North

• Multiple geochemical and drill targets defined; POWs approved for drill testing

• Giles – a single point soil anomaly under cover

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34

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Riverina & Mulline Section Locations

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Lady Gladys & Peachtree Exploration Prospect

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A
C
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Note: Drill results previously released to ASX in “Updated Corporate Presentation“ on 29 August 2014. 36

Riverina Complex

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Siberia Mining Centre

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Siberia

• Sulphide shears within Basalt on Ultramafic contact, past production approx. 110,000 ozs

• Sand King and Missouri deposits major producers in district

• Recent pit mapping has defined mineralisation controls within open cuts and regional setting

• Exploration for similar settings along 15km strike of Siberia Trend at Bonnie Doon, Siberia Consols

• Theil Well Trend considered highly prospective

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Siberia Complex

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Siberia Complex

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Siberia Complex

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Siberia Complex

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Siberia Complex

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Siberia Complex

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Siberia Complex

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46

Siberia – Sand King to Black Rabbit

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Note: Drill results previously released to ASX in “Updated Corporate Presentation“ on 29 August 2014.

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Mt Ida

• Gabbro and Basalt shear hosted systems past production approx. 300,000 ozs

• High grade existing resource: 317kt @ 13.8g/t

• Multiple advanced gold targets present in high grade system

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48

Mt Ida Complex

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Mt Ida

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Note: Refer to ASX announcement dated 28 January 2016 for further information .

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Mt Ida – Bombay Prospect

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• Located 7 kilometres north-west of the Mt Ida Mine on the Timoni Trend

• Drilling confirms Mt Ida Mine style mineralisation at the Bombay Prospect

• Results highlight the potential to delineate further high grade mineralisation

• 4.00m @ 4.95g/t Au from 6.70m; including 1.00m @ 12.58g/t Au

• 1.75m @ 3.52g/t Au from 128.60m

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Location setting, plan view - showing Bombay in relation to the Timoni mineralised trend

Note: Results released in ASX announcement dated 29 July 2016

51

Mt Ida – Bombay Prospect

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Plan View – drill hole location plan

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Bombay Cross section 6783450mN

Note: Results released in ASX announcement dated 29 July 2016

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Mineral Resources Table

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PROJECT	('000t) (g/t Au) MEASURED	('000t) (g/t Au) MEASURED	('000t) (g/t Au) INDICATED	('000t) (g/t Au) INDICATED	('000t) (g/t Au) INFERRED	('000t) (g/t Au) INFERRED	('000t) (g/t Au) ('000oz.) TOTAL MATERIAL	('000t) (g/t Au) ('000oz.) TOTAL MATERIAL	('000t) (g/t Au) ('000oz.) TOTAL MATERIAL
GOLDEN EAGLE	0	0.0	345	2.5	311	2.6	656	2.5	54
LIGHTS OF ISRAEL UNDERGROUND	0	0.0	74	4.3	180	4.2	254	4.2	35
MAKAI SHOOT	0	0.0	1,985	2.0	153	1.7	2,138	2.0	136
WAIHI	0	0.0	805	2.4	109	2.4	914	2.4	71
Central Davyhurst Subtotal	0	0.0	3,200	2.2	800	2.6	4,000	2.3	300
LADY GLADYS	0	0.0	1,858	1.9	190	2.4	2,048	1.9	128
RIVERINA AREA	0	0.0	941	2.4	1,644	2.5	2,585	2.5	205
FOREHAND	0	0.0	386	1.7	436	1.9	822	1.8	48
SILVER TONGUE	0	0.0	155	2.7	19	1.3	174	2.5	14
Mulline Subtotal	0	0.0	3,300	2.1	2,300	2.4	5,600	2.2	390
SAND KING	0	0.0	516	3.1	935	3.0	1,451	3.0	142
MISSOURI	98	1.7	831	2.0	909	2.2	1,838	2.1	123
PALMERSTON/CAMPERDOWN	0	0.0	118	2.3	174	2.4	292	2.4	22
BERWICK MOREING	0	0.0	0	0.0	50	2.3	50	2.3	4
BLACK RABBIT	0	0.0	0	0.0	434	3.5	434	3.5	49
THIEL WELL	0	0.0	0	0.0	18	6.0	18	6.0	3
Siberia Subtotal	98	1.7	1,500	2.4	2,500	2.8	4,100	2.6	340
CALLION	0	0.0	86	2.8	83	2.3	169	2.6	14
FEDERAL FLAG	32	2.0	112	1.8	238	2.5	382	2.3	28
SALMON GUMS	0	0.0	199	2.8	108	2.9	307	2.8	28
WALHALLA	0	0.0	448	1.8	216	1.4	664	1.7	36
WALHALLA NORTH	0	0.0	94	2.4	13	3.0	107	2.5	9
MT BANJO	0	0.0	109	2.3	126	1.4	235	1.8	14
MACEDON	0	0.0	0	0.0	186	1.8	186	1.8	11
IGUANA	0	0.0	690	2.1	2,032	2.0	2,722	2.0	177
LIZARD	106	4.0	75	3.7	13	2.8	194	3.8	24
Davyhurst Regional Subtotal	138	35.0	1,800	2.2	3,000	2.0	5,000	2.1	340
Davyhurst Total	236	2.8	9,800	2.2	8,600	2.4	18,700	2.3	1,370
BALDOCK	0	0.0	136	18.6	0	0.0	136	18.6	81
BALDOCK STH	0	0.0	0	0.0	0	0.0	0	0.0	0
METEOR	0	0.0	0	0.0	143	9.3	143	9.3	43
WHINNEN	0	0.0	0	0.0	39	13.3	39	13.3	17
Mount Ida Subtotal	0	0.0	140	18.6	180	10.2	320	13.8	140
Combined Total	236	2.8	9,900	2.4	8,800	2.5	19,000	2.5	1,510

1. This information was prepared and first disclosed under the JORC Code 2004 ( refer to ASX release “ Swan Gold Prospectus ”, 13/2/2013) . It has not been updated since to comply with JORC Code 2012 on the basis that the information has not materially changed since it was last reported 2. The First Hit, Sunraysia and Lady Bountiful Resources are no longer held by Eastern Goldfields and as such have been omitted form the above table. 3. The above table contains rounding errors.

53

Michael Fotios

Executive Chairman Eastern Goldfields Limited Ph: +61 8 6241 1866 Website: www.easterngoldfields.com.au

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