ORBMINCO LIMITED — Interim / Quarterly Report 2015

Jul 30, 2015

AusROC Metals Ltd

31 July, 2015

ASX Release

By e-lodgement

Quarterly Activities Report June 2015

The Directors of AusROC Metals Limited (ASX: ARK) (“AusROC” or “the Company”) are pleased to present the quarterly activities statement for the quarter ended 30 June 2015.

Shenglong Acquisition

As has been previously announced, the company has been trying to secure finance to secure an interest in Shenglong International Investment Limited (“Shenglong”).

AusROC has paid US$2 million in deposit to the vendor for an exclusive option to purchase up to 77.58% of Shenglong, which in turn owns 90% of two exploitation permits M’Passa-Moubiri 2011-471 and Mindouli 2011-472 in the Republic of Congo. The remaining 10% is held by the Congolese Government.

Throughout the June quarter the company continued discussions with potential financiers with respect to trying to raise the necessary debt funding to complete the transaction. The company remains in advanced discussions with a number of parties regarding the securing of this financing but to date has not been able to finalise a funding package. The company remains confident that a funding package can be obtained in the very near future and is hopeful to make an announcement on this by 15[th] August 2015.

As a result of the company missing a number of payment deadlines to the vendor, the option to purchase the project is no longer exclusive.

Recompliance with Chapters 1 &2

Once the financing has been secured and transaction consummated, the company will need to re-comply under chapters 1 & 2 of the ASX listing rules. This involves inter alia, a capital raising of $4.28 million by issuing 214 million shares at 2 cents per share (on a consolidated basis). At this stage the Company will have approximately 500 million ordinary shares on issue at a re-compliance price of 2 cents. The Company still plans to have this raising fully underwritten and is currently in the process of finalising the prospectus and the underwriting agreement.

Once the transaction is finalised, the Company will lodge the prospectus as soon as possible and the re-listing process will take 5-6 weeks from the date the prospectus is lodged.

AusROC Metals Ltd

ABN 99 073 155 781 Ground Floor, 1 Havelock Street, West Perth, WA 6005 PO Box 1788, West Perth, WA, Australia, 6872 Telephone: (08) 9488 5220 Facsimile: (08) 9324 2400 Web: www.ausamerican.com

The company understands the frustration of its shareholders in the delay in completing the transaction and in being re-listed.

The Directors share these frustrations but remain committed to securing the Shenglong project. We are confident and remain determined to see this through and believe all shareholders will benefit greatly and be rewarded once this process is completed.

Sincerely,

Jim Malone CEO & Company Secretary

For further information, please contact: Jim Malone CEO/Company Secretary +61 8 9488 5220

AusROC Metals Ltd

Appendix 1: Tenement information required by listing rule 5.3.3

Project	Claim Name	Ownership
San Marcos La Paz The Gap Rio Puerco	SM #45 to SM#186	100% (optioned to Pelican Resources)
	LP1 to LP36	100%
	GAP1 to GAP156	100%
	Syncline No. 1 to 8	100%
	Navajo No. 1 to 19	100%
	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	100%
	Betty A and B	100%
	Sam No. 1 to 40	100%
	Lily No. 1 to 64	100%
	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	100%
Blue Bell/De Soto	Victory 3 and 4	Option to purchase 100%
	Only 3 and 4	Option to purchase 100%
	Blue Copper	Option to purchase 100%
	Blue Fawn	Option to purchase 100%
	Blue Pants	Option to purchase 100%
	Blue Thunder	Option to purchase 100%
	Blue Coat	Option to purchase 100%
	Water	Option to purchase 100%
	Copper Link Mill Site	Option to purchase 100%
	Homestake	Option to purchase 100%
	Washington	Option to purchase 100%
	Anchor	Option to purchase 100%
	Whale	Option to purchase 100%
	Copper Bar	Option to purchase 100%
	Hot Number	Option to purchase 100%
	Grand View	Option to purchase 100%
	Elephant	Option to purchase 100%
	McKinley	Option to purchase 100%
	Arizona Chief	Option to purchase 100%
	Enterprise	Option to purchase 100%
	Garfield	Option to purchase 100%
	Tidal Wave	Option to purchase 100%
	Favorite	Option to purchase 100%
	Iron Clad	Option to purchase 100%
	Fortune	Option to purchase 100%
	Copper Link	Option to purchase 100%
	Blue Bell	Option to purchase 100%
	Blue Buck	Option to purchase 100%
	Victory No. 6 and 7	Option to purchase 100%
Muda River	697L	JV - earn up to 75%
	749L	JV - earn up to 75%

AusROC Metals Ltd

ABN 99 073 155 781 Ground Floor, 1 Havelock Street, West Perth, WA 6005 PO Box 1788, West Perth, WA, Australia, 6872 Telephone: (08) 9488 5220 Facsimile: (08) 9324 2400 Web: www.ausamerican.com

AusROC Metals Ltd

698L	JV - earn up to 75%
699L	JV - earn up to 75%

AusROC Metals Ltd

ABN 99 073 155 781 Ground Floor, 1 Havelock Street, West Perth, WA 6005 PO Box 1788, West Perth, WA, Australia, 6872 Telephone: (08) 9488 5220 Facsimile: (08) 9324 2400 Web: www.ausamerican.com