ORBMINCO LIMITED — Interim / Quarterly Report 2015

Jul 30, 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 June 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
	- - - (52) - - - - -	(1,551) - - (746) - - - - 32
	(52)	(2,265)
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	- - - - - - - - - - -	- - - - - 212 - - 23 - -
	-	235
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)	40 - 30 (50) - -	1,567 - 630 (315) - (111)

Net Increase (Decrease) in Cash Held	(32)	(259)
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	62 -	291 (2)
	30	30
Net Financing Cash Flows	20	1,771

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
	8,000
	500
	500
	250
	9,250

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
	30	62
	-	-
	-	-
	-	-
	30	62

Changes in Interests in Mining Tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements acquired or increased	Tenement Reference	Nature of Interest	Interest at Beginning of Quarter	Interest at End of Quarter

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 Unlisted Expired during the quarter - Unlisted Expired during the quarter - Unlisted	Number		Exercise Price	Expiry Date
	60,000 56,465,880 3,000,000 56,465,880		$0.295 $0.05 $0.15 $0.03	2 July 2015 31 May 17 30 June 15 31 May 15
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: 31 July 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.