ORBMINCO LIMITED — Interim / Quarterly Report 2016

Nov 1, 2015

APPENDIX 5B

Mining exploration entity quarterly report

(Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001).

Name of Entity

Name of Entity	Name of Entity
AusROC Metals Limited
ABN 99 073 155 781	Quarter Ended (“current quarter”)
99 073 155 781	30 September 2015

Consolidated Statement of Cash Flows

Cash Flows Related to Operating Activities 1.1 Receipts from product sales and related debtors 1.2 Payments for (a) exploration and evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (provide details if material) Net Operating Cash Flows	Current Quarter $A’000	Year to Date (12 months) $A’000
	- - - - (35) - - - - -	- - - - (35) - - - - -
	(35)	(35)
Cash Flows Related to Investing Activities 1.8 Payment for purchases of: (a) prospects (b) investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) investments (c) other fixed assets 1.10 Loans to other entities 1.11 Loans repaid by other entities 1.12 Contributions from joint venture 1.13 Payments for joint venture operations 1.14 Refund of tenement bonds Net Investing Cash Flows	- - - 40 - - - - - - -	- - - 40 - - - - - - -
	40	40
1.15 Total operating and investing cash flows (brought forward) Cash Flows Related to Financing Activities 1.16 Proceeds from issues of shares, options, etc. 1.17 Proceeds from auction of partly paid shares 1.18 Proceeds from borrowings 1.19 Repayment of borrowings 1.20 Proceeds from convertible notes 1.21 Other (share issue costs)	- - - - - -	- - - - - -

Net Increase (Decrease) in Cash Held	5	5
1.22 Cash at beginning of quarter/year to date 1.23 Exchange rate adjustments to item 1.20 1.24 Cash at End of Quarter	30 -	30 -
	35	35
Net Financing Cash Flows	-	-

Payments to Directors of the Entity and Associates of the Directors Payments to Related Entities of the Entity and Associates of the Related Entities

Entities
1.25 Aggregate amount of payments to the parties included in item 1.2 1.26 Aggregate amount of loans to the parties included in item 1.10 1.27 Explanation necessary for an understanding of the transactions 1.28 Payments to directors for services to the group.	Current Quarter $A'000
	-
	-
	-
	-

Non-Cash Financing and Investing Activities

• 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

None.

• 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

None.

Financing Facilities Available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount Available $A’000	Amount Used $A’000
	-	-
	-	-

Estimated Cash Outflows for Next Quarter

Estimated Cash Outflows for Next Quarter
4.1 Exploration and evaluation 4.2 Development 4.3 Production 4.4 Administration Total	$A’000
	1,000
	500
	500
	250
	2,250

Reconciliation of Cash

Reconciliation of Cash
Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows. 5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Commercial Bills 5.4 Other Total Cash at End of Quarter(item 1.22)	Curent quarter $A’000	Previous quarter $A’000
	35	35
	-	-
	-	-
	-	-
	35	35

Changes in Interests in Mining Tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed-Rio Puerco	Tenement Reference	Nature of Interest	Interest at Beginning of Quarter	Interest at End of Quarter
	Syncline No. 1 to 8	20%	20%	0%
	Betty No. 1 to 2, 4 to 8, 21 to 28, 42,44, 59 to 62, 64, 66, 68, 70, 72, 74, 76 to 106	20%	20%	0%
	Betty A and B	20%	20%	0%
	Sam No. 1 to 40	20%	20%	0%
	Lily No. 1 to 64	20%	20%	0%
Blue Bell and De Soto	Northside No. 3 to 18, 20, 22, 24, 26, 28, 30, 32, 34, 36, 38 to 92, 94, 96, 98, 100, 102, 104, 110, 112, A	20%	20%	0%
	Victory 3 and 4	Option to purchase 100%	Option to purchase 100%	Nil
	Only 3 and 4	Option to purchase 100%	Option to purchase 100%	Nil
	Blue Copper	Option to purchase 100%	Option to purchase 100%	Nil
	Blue Fawn	Option to purchase 100%	Option to purchase 100%	Nil

	Blue Pants	Option to purchase 100%	Option to purchase 100%	Nil
	Blue Thunder	Option to purchase 100%	Option to purchase 100%	Nil
	Blue Coat	Option to purchase 100%	Option to purchase 100%	Nil
	Water	Option to purchase 100%	Option to purchase 100%	Nil
	Copper Link Mill Site	Option to purchase 100%	Option to purchase 100%	Nil
	Homestake	Option to purchase 100%	Option to purchase 100%	Nil
	Washington	Option to purchase 100%	Option to purchase 100%	Nil
	Anchor	Option to purchase 100%	Option to purchase 100%	Nil
	Whale	Option to purchase 100%	Option to purchase 100%	Nil
	Copper Bar	Option to purchase 100%	Option to purchase 100%	Nil
	Hot Number	Option to purchase 100%	Option to purchase 100%	Nil
	Grand View	Option to purchase 100%	Option to purchase 100%	Nil
	Elephant	Option to purchase 100%	Option to purchase 100%	Nil
	McKinley	Option to purchase 100%	Option to purchase 100%	Nil

	Arizona Chief	Option to purchase 100%	Option to purchase 100%	Nil
	Enterprise	Option to purchase 100%	Option to purchase 100%	Nil
	Garfield	Option to purchase 100%	Option to purchase 100%	Nil
	Tidal Wave	Option to purchase 100%	Option to purchase 100%	Nil
	Favorite	Option to purchase 100%	Option to purchase 100%	Nil
	Iron Clad	Option to purchase 100%	Option to purchase 100%	Nil
	Fortune	Option to purchase 100%	Option to purchase 100%	Nil
	Copper Link	Option to purchase 100%	Option to purchase 100%	Nil
	Blue Bell	Option to purchase 100%	Option to purchase 100%	Nil
	Blue Buck	Option to purchase 100%	Option to purchase 100%	Nil
San Marcos	Victory No. 6 and 7	Option to purchase 100%	Option to purchase 100%	Nil
	SM #45 to SM#186	100% (optioned to Pelican Resources)	100% (optioned to Pelican Resources)	nil
6.2 Interests in mining tenements acquired or increased- Nil

Issued and Quoted Securities at End of Current Quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

dates.
	Total Number	Number Quoted	Issue Price Per security (see note 3)	Amount Paid Up Per Security (see note 3)
7.1Preference+Securities(description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy-backs, redemptions	- - -	- - -	- - -	- - -
7.3Ordinary Securities Fully Paid 7.4 Changes during quarter (a) Fully paid Increases through issues	286,185,210 -	286,185,210 -	- -	- -
7.5Convertible Debt Securities (description) 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities converted	- -	- -	- -	- -
7.7Options Unlisted Expired during the quarter-Unlisted	Number		Exercise Price	Expiry Date
	56,465,880 60,000		$0.05 $0.295	31 May 17 2 July 2015
Performance Rights (totals only)	4,400,000	-	-	-
7.8Unsecured notes 7.9_(totals only)_	- -	- -	- -	- -
7.10
7.11
7.12

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 4).

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

Sign here: Date: 30 October 2015 Print name: Jim Malone

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 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows applies to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Accounting 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.

Appendix 1: Tenement information required by listing rule 5.3.3

Project	Claim Name	Ownership
La Paz The Gap Muda River
	LP1 to LP36	100%
	GAP1 to GAP156	100%
	697L	JV - earn up to 75%
	749L	JV - earn up to 75%
	698L	JV - earn up to 75%
	699L	JV - earn up to 75%