PATERSON RESOURCES LTD - Capital/Financing Update 2018

==> picture [77 x 71] intentionally omitted <==

HARDEY RESOURCES LIMITED

==> picture [147 x 77] intentionally omitted <==

ASX ANNOUNCEMENT 23[rd] January 2018

REVIEW OF GRACE GOLD PROJECT HIGHLIGHTS SIGNIFICANT GOLD SYSTEM AND MULTIPLE UNTESTED IP ANOMALIES

Highlights:

Review of recently acquired 100% owned Grace Project demonstrates significant high grade intersections and multiple IP anomalies along the regional Grace-Bemms Shear.
Historic intersections from prior drilling include:

10.0m at 20.95 g/t gold and 0.25% copper from 6.0m GPB0801

33.0m at 1.55 g/t gold and 0.05% copper from 53.0m GR124502

12.0m at 14.38 g/t gold from 56.0m GR037

3.1m at 8.28 g/t gold and 0.03% copper from 17.1m GPC9106

22.0m at 1.31 g/t gold from 71.0m GR124002

6.0m at 5.61 g/t gold and 0.04% copper from 34.0m GR128001

4.0m at 7.04 g/t gold and 0.04% copper from 38.0m GR124501

16.0m at 2.64 g/t gold from 34.0m BR8-5

4.0m at 5.13 g/t gold from 30.0m HK3-4

Grace deposit drilled along 450-500 metres of strike and 90m across strike and remains open in all directions and at depth.
Rock chip sampling demonstrates gold and copper potential with individual samples as high as 52.3 g/t gold and 29.49% copper respectively, refer to Table 1.
Large IP anomalies remain untested along the Grace-Bemms shear
Outcropping mineralisation identified at the Bemms Gossan
Grace Gold Proejct is located close to the Telfer Mine (32Moz gold 1Bt copper) and processing mill – 25km away, although no formal approach regarding future toll agreement has been discussed at present.
Considerable regional greenfields potential due to extensive tenement applications covering 1,594km² in the Paterson Province to compliment the Grace Gold Project.

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hardey Resources Limited (“Hardey” or “the Company”) (ASX: HDY) is pleased to announce the positive review of the 100% owned Grace Project which demonstrates significant untested IP anomalies and open ended gold mineralisation at the Grace deposit. In the fourth quarter of 2017 the Company acquired 100% ownership of the Grace tenements which includes multiple gold prospects located 25km southeast of Newcrest’s 32Moz Telfer gold-copper mine. The most advanced of these being the Grace deposit, owned by Newcrest since the 1970’s. A detailed geological review was initiated to capture all existing drilling and geophysical exploration data relating to the Grace tenements representing the first time in over 40 years that the Grace Project has been consolidated under the ownership of an ASX junior. On review of the historical exploration data, the Company believes it has acquired an extremely valuable asset with strong geological support for significant additional discovery of both gold and copper mineralisation.

Terence Clee, Hardey Resources Executive Director, commented;

“The technical team at Hardey are excited by the outcome of the desktop review, which highlights the high grade nature of mineralisation at the Grace Gold Project and appears to remain open in all directions and at depth. While the project area is still in its early stages we see huge upside through diligently exploring one of Newcrest’s forgotten gems.

The re-processed IP data has come up with some big targets, and combined with our new tenement applications taking our overall landholding to 1,651km ² in a major gold province, its shaping up to be an exciting area play in the mineral rich Telfer Region.”

==> picture [436 x 325] intentionally omitted <==

Figure 1. Hardey’s Telfer District tenements identifying major deposits and mines overlayed with Regional Magnetics Image.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Grace Gold Project - Overview

The Grace Project area is located approximately 25 km southeast of the Telfer gold mine in Western Australia and consists of a sub-greenschist facies regional stratigraphic sequence of quartz rich sandstones and interbedded siltstone/dolomite units of the Malu and Isdell Formations. Hydrothermal breccia’s cut the layered stratigraphy and gold mineralisation is associated with quartz-dolomite-pyrite veins and hydrothermal breccias. Highly altered metosamatised dolerite intrusives, occur locally throughout the project area and play an important role in overall fluid architecture and ultimately gold deposition.

The Grace deposit has been drilled along 450-500 metres of strike and 90m across strike to an average depth of 73.4m. High grade shallow oxide gold mineralisation commences from surface and in general transported cover (i.e. sand dune and/or colluvium) is thin over the project area. Drilling has been on a close spaced drill pattern (i.e. 25 to 100m, generally 50m,“northeast-southwest” sections with 10m to 20m “northwest-southeast” spacing on section). The base of complete oxidation generally occurs between 20 to 60m below the surface, below which transitional and primary sulphide gold-copper mineralisation occurs.

Grace oxide mineralisation is variably open along strike and at depth associated with shallow dipping en-echelon stacked vein sets and a large vertical stockwork of hydrothermal breccias along the Grace-Bemms shear. At the Grace deposit high grade primary gold remains open in all directions and the relationship for further high grade copper mineralisation remains prospective. Drilling is generally shallow and any deeper drilling is broad spaced – resulting in the data suffering from ‘information effect’ as many holes stop within the mineralised zone at Grace and the deeper drilling is insufficient to have adequately tested the continuity of gold mineralisation at depth.

Further Highlights

Compelling exploration opportunity
Mineralisation intersected to a depth of 510m vertically below surface at the Grace deposit;
Regional Dome structure and mineralised Grace-Bemms Shear central to project area, including the Bemms, Grace, Grace East, Genoa, Kestral, Halls Knob and Lakes prospects;
Drill intersected mineralisation along a 3.9km of strike and remains open;
Potential for an additional parallel fault structure not yet tested;
Bimodal vein distribution evident – series of stacked vein sets and a vertical stockwork of hydrothermal breccias;
Predominantly shallow drilling to date – average drill hole depth of 73.4m
Grace deposit within a large regional dome structure is interpreted to be of the same large mineralised system as the Telfer gold – copper – silver deposit 25km to the north;
Existing Induced Polarisation (IP) survey data correlates strongly with existing drilling and mineralisation showing multiple additional high order anomalies that remain untested.
100% owned by Hardey and not subject to any net smelter royalties.
Further multiple exploration targets outside of Grace Project area identified by Newcrest Mining – Trane, Lincoln.
Metallurgical test work confirmed up to 98.6% recovery.
POW approved to begin drilling – upon heritage clearance.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

==> picture [539 x 304] intentionally omitted <==

Figure 2. Regional Dome structures and location of key Malu (Telfer Member) and Isdell Formations.

Limited Deeper Drilling – Exploration Potential

At the Grace deposit the total number of drill holes is 362 at an average depth of 73.4m (excluding 5 +500m deep drill holes); consisting of 22 Diamond, 73 Reverse Circulation, 251 RAB and 16 Aircore drill holes, Table 2. The large number of shallow RAB and Aircore drill holes were ‘pattern’ drilled over vast majority of the project area are considered to have been largely ineffective for primary mineralisation exploration along the Grace shear due to their widespread nature and shallow drill depth.

Of the 5 deeper +500m diamond drill holes all intersected gold mineralisation greater than 0.5g/t gold indicating a large gold mineralised system at depth. Of note drill holes GC0502 and GC0403 hit significant gold mineralisation from 526m and 281m respectively, which are 1100m apart along strike of the major regional Grace-Bemms shear, and approximately 400m and 200m vertically below the limits of the next closest drill hole (see significant intersections listed below).

With extremely limited and widespread deeper drilling all intersecting gold mineralisation major exploration upside exists for high grade primary, and also oxide, mineralisation not just at Grace but along the major Grace-Bemms shear and broader regional dome structure. This significant potential is also supported by geophysical surveys of the project area (refer to subsequent section of this announcement).

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

==> picture [522 x 223] intentionally omitted <==

Figure 3. Grace Project Long Section (north looking azimuth 017) view showing historical drilling along the Grace-Bemm shear and Leapfrog interpolant using a cut-off of >0.5g/t, for location of cross section refer to Figure 4 .

Table 1. Grace Project Area Significant Rock Chip Results.

Rock Chip ID	AMG_East Zone 51	AMG_North Zone 51	Gold (g/t)	Copper (%)
A1442	430123	7574579	1.5	11.1
A1443	430123	7574579	1.06	9.8
AW03_004(Kestral)	427241	7575139	52.3	ND
AW03_016(Bemms)	430091	7574560	4.22	29.49
AW03_018	430186	7574165	0.08	1.73
MM044	428558	7573903	5.6	ND

Note: numerous high grade (up to 80g/t gold) rock chips recorded in Newcrest Wamex reports however are not included in Table 1 due to missing coordinates.

Table 2. Grace Project Area Historical Exploration Statistics.

Locality	No. DDH Holes/Metres	No. RC Holes/Metres	No. RAB Holes/Metres	No. AC Holes/Metres	No. Rock Chip Samples	No. Lag Samples	No. Grab Samples
Grace	22/4057.3	73/10851.5	251/12509	16/289	171

Grace Drilling Results

Grace deposit drill intersection highlights are numerous and include the following small selection of significant drill hits (refer also to Appendix 1):

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

HOLE ID	Depth From (m)	Depth To (m)	Interval (m)	Gold (g/t)	Copper (%)
BR8-5	34	50	16	2.64	ND
including	34	42	8	3.96	ND
GPB0801	6	16	10	20.95	0.25
including	10	12	2	89.60	0.00
GPC9106	17.1	20.2	3.1	8.28	0.03
GPC9106	39.1	39.4	0.3	94.40	0.29
GPC9201	67.7	68.2	0.5	103.00	ND
GR037	56	68	12	14.38	ND
including	58	63	4	22.05	ND
GR124002	71	93	22	1.31	ND
including	71	72	1	7.75	ND
including	77	80	3	3.02	ND
GR124501	38	42	4	7.04	0.04
including	40	41	1	23.40	0.04
GR124502	53	86	33	1.55	0.05
GR128001	18	20	2	8.93	0.03
GR128001	28	29	1	7.48	0.35
GR128001	34	40	6	5.61	0.04
GR128001	59	73	14	1.04	0.16
GR128002	87	89	2	10.43	0.06
including	87	88	1	19.20	0.30
HK3-4	30	34	4	5.13	ND

The Grace deposit also includes the following +250m deep downhole intersections (refer also to Appendix 1):

HOLE ID	Depth From (m)	Depth To (m)	Interval (m)	Gold (g/t)	Copper (%)
GC0502	526	528	2	5.68	0.00
including	526	527	1	10.5	0.00
GC0403	287	305	18	2.77	0.01
including	290	293	3	8.74	0.01

ND: No data or in the process of collating and verifying historical assays.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Geophysics - Induced Polarisation

Newcrest Mining completed two Induced Polarisation dipole-dipole (DPIP) surveys at Grace during 1988 and 1997. In 1988 a 50m DPIP survey was undertaken over the Grace East Prospect (WAMEX Report A24465) and in 1997 100m DPIP survey was undertaken over the Lakes Prospect (WAMEX Report A53741).

The survey locations are shown in Figure 4 below with the re-processed survey lines 11300mE 14500mE and 14800mE shown in Figures 5, 6 and 7. No digital data has been recovered so the data were digitised from the reports plans. The data was then modelled using Zonge 2D inversion software (TS2DIP). All lines were modelled with sections 14500mE, 14800mE and 11300mE shown in Figures 5, 6 and 7 respectively.

The IP response of a chargeability high in all cross sections re-modelled suggests the presence of sulphides (predominately pyrite/arsenopyrite) within the dolomitic siltstones. Gold-copper mineralisation is associated with sulphide zones and the chargeability anomaly clearly shown in Figure 5, 6 and 7. Furthermore, the sulphide zones are generally associated with higher resistivity values (intense quartz and carbonate brecciation/silica alteration). A depth slice at 225m RL was generated from the 2D inversion models. The mineralised Grace/Bemms shear corridor is clearly defined by a chargeability high with a similar zone evident over the Lakes area.

The IP anomalies have not been fully drilled both along strike and at depth. The IP has limited depth extent with the 50m DPIP “seeing” approximately 125m in depth and the 100m DPIP approximately 200m in depth. Better quality and depth penetration can be achieved with modern IP systems. The company is planning further IP surveys over the project area to comprehensively map the two parallel chargeability corridors and identify the scale of deeper geophysical responses and the implications that a much larger scale gold-copper mineralised system may be present.

==> picture [471 x 256] intentionally omitted <==

Figure 4. Plan view of the two historic IP surveys extent at the Grace Project.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

==> picture [551 x 286] intentionally omitted <==

˚ Figure 5. Grace Historic IP Line 14500mE, looking towards azimuth 300 .

==> picture [551 x 252] intentionally omitted <==

˚ Figure 6. Grace Historical IP Line 14800mE, looking towards azimuth 300 .

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

==> picture [558 x 256] intentionally omitted <==

˚ Figure 7. Grace Historical IP Line 11300mE, looking towards azimuth 300 .

TELFER and MINYARI ANALOGUE

The world-class Paterson Province is known to host huge economic gold, copper and uranium deposits such as Newscrest’s 32Moz Telfer gold-copper-silver mine and O’Callaghans tungsten-base metal deposit, Metals X’s Nifty copper mine and Cameco and Mitsubishi Development’s Kintyre uranium deposit. The Grace deposit, and dome structure at Grace, is interpreted by the Company to be a direct analogue in style of gold – copper mineralisation as the Telfer mine located 25km to the north. Further gold discoveries in the Paterson Province include Antipa Minerals 867Koz Calibre deposit and 723Koz MinyariWACA deposits. The Grace gold mineralisation is outcropping at the Bemms Gossan and throughout the remainder of the project area a thin veneer of transported material including sand dunes and colluvium is present.

Similarities between Grace, Telfer and Minyari mineral systems include:

Domal fold structure setting (i.e. Telfer Dome, Minyari Dome);
Host rocks; i.e. the Malu and Isdell Formations including favourable (chemically and structurally) carbonate bearing units (e.g. the Telfer member);
Gold-copper sulphide mineralisation style;
“ ”
Structural controls on the distribution of mineralisation involving blind thrust-tip controlled “monocline” fold structures and hydrothermal breccia shear zones; and
Proximity to dolerites, granites and deep NE trending crustal architecture.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

2018 GRACE TELFER PROJECT SUMMARY

The Company’s focus is to systematically explore the Telfer District projects which includes the advanced Grace asset and the considerable regional greenfields tenement applications covering 1,594km².

On review of existing drill hole data it is evident that a series of shallow dipping en-echelon stacked vein sets occur which have not yet been adequately tested at Grace. There is a strong geological case that supports further gold mineralisation to be found in additional stacked vein sets along strike and at depth. Furthermore, the vertical stockwork hydrothermal breccias present an exciting gold target that has the potential to drastically increase the resource tonnage potential of the Grace deposit.

The Company is currently working up an exploration programme for the area which will include IP geophysical surveys and drill targeting to be announced on its finalisation shortly.

For further information, please visit www.hardeyresources.com.au or contact:

Sarah Smith Tom Langley Company Secretary Exploration Manager +61 8 6559 1792 +61 431 020 984

==> picture [354 x 239] intentionally omitted <==

ABOUT HARDEY RESOURCES:

Hardey Resources (ASX:HDY) is a publicly listed, junior mineral resources company focused on the exploration and development of gold and copper projects. The Company’s current focus is in discovering Paleo-placer Witwatersrand style mineralisation in the Pilbara region of Western Australia. The Pilbara conglomerate-hosted gold projects consist of three exploration licences (E47/3578, E47/3827, and E45/5020). Hardey has aggregated a diversified portfolio of assets that are at multiple stages, commodities and jurisdictions. The Grace Gold Project located in the world class Paterson mineral province in Western Australia consists of one granted exploration licence and five granted prospecting licences

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

(E45/4524, P45/2905, P45/2906, P45/2907, P45/2908, and P45/2909) with additional applications pending (E45/5130, E45/5131, E45/5132). The Burraga Copper-Gold Project, located in the world class minerals province of the East Lachlan Fold Belt in central western New South Wales consists of three contiguous exploration licences (EL6463, EL6874 and EL7975) and one exploration licence application (EL5454) covering a total area of approximately 221km². Hardey is an active explorer with the aim of discovering a valuable mineral resource and delivering shareholder value. The Company also seeks to pursue other value accretive project opportunities.

Disclaimer and Competent Person Statement

COMPETENT PERSON’S STATEMENT: The information in this announcement that relates to Exploration Results complies with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) and has been compiled and assessed under the supervision of Mr Bill Oliver, a consultant to Hardey Resources Pty Ltd and director of Billandbry Consulting Pty Ltd. Mr Oliver is a Member of the Australasian Institute of Mining and Metallurgy and the Australasian Institute of Geoscientists. He has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC Code. Mr Oliver consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears. The Exploration Results are based on standard industry practises for drilling, logging, sampling, assay methods including quality assurance and quality control measures as detailed in Appendix 3.

Some of the statements appearing in this announcement may be in the nature of forward looking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to the industries in which Hardey operates and proposes to operate as well as general economic conditions, prevailing exchange rates and interest rates and conditions in the financial markets, among other things. Actual events or results may differ materially from the events or results expressed or implied in any forward looking statement. No forward looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outside Hardey Resources (HDY) control.

The Company does not undertake any 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. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of HDY, its Directors, employees, advisors or agents, nor any other person, accepts any liability for any loss arising from the use of the information contained in this announcement. You are cautioned not to place undue reliance on any forward looking statement. The forward looking statements in this announcement reflect views held only as at the date of this announcement.

This announcement is not an offer, invitation or recommendation to subscribe for, or purchase securities by HDY. Nor does this announcement constitute investment or financial product advice (nor tax, accounting or legal advice) and is not intended to be used for the basis of making an investment decision. Investors should obtain their own advice before making any investment decision.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Appendix 1. Significant Intersections from Drilling at the Grace Project.

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
BD1-1	RAB	431672	7573904	50	-70	16.0	No Significant Intersection				0.02
BD1-2	RAB	431702	7573986	64	-70	16.0	28	34	6	1.09	0.00
BD1-3	RAB	431715	7574026	50	-70	16.0	No Significant Intersection				0.00
BD1-4	RAB	431728	7574112	50	-70	16.0	No Significant Intersection				0.00
BD2-1	RAB	431559	7574021	70	-70	16.0	44	70	26	1.60	0.02
BD2-2	RAB	431566	7574047	56	-70	16.0	38	46	8	0.87	0.00
BD2-3	RAB	431574	7574074	50	-70	16.0	No Significant Intersection				0.00
BD3-1	RAB	431508	7574040	50	-70	16.0	No Significant Intersection				0.00
BD3-2	RAB	431515	7574064	64	-70	16.0	16	20	4	1.17	0.00
BD3-3	RAB	431523	7574089	50	-70	16.0	NoSignificant Intersection				0.00
BD4-1	RAB	431392	7573995	50	-70	16.0	No Significant Intersection				0.00
BD4-2	RAB	431407	7574051	50	-70	16.0	No Significant Intersection				0.00
BD4-3	RAB	431417	7574100	50	-70	16.0	4	10	6	1.26	0.00
BD4-4	RAB	431437	7574149	50	-90	16.0	No Significant Intersection				50
BMC9001	DDH	431561	7574022	99.5	-70	17.0	29.9	33	3.1	0.95	0.00
							41.9	51.7	9.8	1.16	0.00
							65	69	4	0.96	0.00
							74.5	77	2.5	2.07	0.00
BP1	RAB	430148	7574595	52	-70	16.0	No Significant Intersection				0.00
BR1-1	RAB	429801	7574464	48	-70	16.0	No Significant Intersection				0.01
BR1-2	RAB	429819	7574528	46	-70	16.0	No Significant Intersection				0.07
BR1-3	RAB	429844	7574615	50	-70	16.0	10	12	2	8.80	0.01
BR1-4	RAB	429856	7574663	60	-70	16.0	20	22	2	1.69	0.04
BR2-1	RAB	429933	7574586	50	-70	16.0	46	48	2	0.65	0.00
BR2-2	RAB	429947	7574632	50	-70	16.0	No Significant Intersection				0.00
BR2-3	RAB	429962	7574683	40	-70	16.0	No Significant Intersection				0.00
BR2-4	RAB	429975	7574729	40	-70	16.0	No Significant Intersection				0.00
BR2-5	RAB	429909	7574505	40	-70	16.0	10	12	2	0.73	0.00
BR2A-1	RAB	430211	7574482	40	-70	331.0	No Significant Intersection				0.00
BR2A-2	RAB	430178	7574550	40	-70	331.0	0	2	2	0.66	0.00
BR2A-3	RAB	430158	7574597	40	-70	331.0	No Significant Intersection				0.00
BR3-1	RAB	430241	7574479	50	-70	16.0	20	24	4	0.79	0.01
							32	36	4	7.59	0.01
BR3-2	RAB	430259	7574538	50	-70	16.0	No Significant Intersection				50
BR3-3	RAB	430204	7574375	40	-70	16.0	No Significant Intersection				40
BR3-4	RAB	430189	7574325	40	-70	16.0	No Significant Intersection				0.00
BR3-5	RAB	430173	7574268	40	-70	16.0	No Significant Intersection				0.00
BR4-1	RAB	430436	7574314	46	-70	16.0	6	12	6	0.73	0.02
							40	44	4	1.22	0.03
BR4-10	RAB	430439	7574563	50	-70	16.0	No Significant Intersection				50
BR4-11	RAB	430374	7574081	50	-70	16.0	No Significant Intersection				0.00
BR4-12	RAB	430360	7574022	50	-70	16.0	2	4	2	1.02	0.00
							26	28	2	0.76	0.00
BR4-13	RAB	430282	7574303	50	-70	16.0	24	26	2	2.39	0.00
BR4-14	RAB	430316	7574099	50	-70	16.0	No Significant Intersection				0.00
BR4-2	RAB	430448	7574361	50	-70	16.0	No Significant Intersection				50
BR4-3	RAB	430460	7574399	60	-70	16.0	26	32	6	0.96	0.02
							44	60	16	1.68	0.09
BR4-4	RAB	430413	7574242	40	-70	16.0	16	18	2	0.57	0.00
BR4-5	RAB	430400	7574192	38	-70	16.0	4	6	2	1.10	0.00

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
BR4-6	RAB	430386	7574135	40	-70	16.0	34	36	2	2.47	0.00
BR4-7	RAB	430480	7574465	50	-70	16.0	No Significant Intersection				0.00
BR4-8	RAB	430492	7574510	50	-70	16.0	No Significant Intersection				0.00
BR4-9	RAB	430507	7574569	50	-70	16.0	No Significant Intersection				0.00
BR5-1	RAB	430720	7574123	50	-70	16.0	18	28	10	0.91	0.07
							38	42	4	1.08	0.02
BR5-1A	RAB	430732	7574162	60	-70	16.0	No Significant Intersection				0.00
BR5-2	RAB	430745	7574203	50	-70	16.0	No Significant Intersection				0.06
BR5-2A	RAB	430766	7574258	40	-70	16.0	No Significant Intersection				0.00
BR5-3	RAB	430781	7574304	50	-70	16.0	No Significant Intersection				0.01
BR5-4	RAB	430677	7574019	60	-70	16.0	No Significant Intersection				0.00
BR5-5	RAB	430658	7573959	40	-70	16.0	NoSignificant Intersection				0.00
BR5-6	RAB	430638	7573898	40	-70	16.0	No Significant Intersection				0.00
BR5A-1	RAB	430746	7573872	38	-70	16.0	No Significant Intersection				0.00
BR5A-2	RAB	430766	7573937	40	-70	16.0	No Significant Intersection				0.00
BR5A-3	RAB	430783	7573993	60	-70	16.0	No Significant Intersection				0.00
BR5A-4	RAB	430814	7574085	60	-70	16.0	24	26	2	0.83	0.00
							36	40	4	1.28	0.00
BR5A-5	RAB	430829	7574139	16	-70	16.0	NoSignificant Intersection				0.00
BR5A-5-1	RAB	430823	7574141	60	-70	16.0	22	24	2	1.37	0.00
BR5A-6	RAB	430844	7574193	60	-70	16.0	No Significant Intersection				60
BR5A-7	RAB	430861	7574252	40	-70	16.0	No Significant Intersection				0.00
BR5A-8	RAB	430880	7574319	38	-70	16.0	No Significant Intersection				0.00
BR6-1	RAB	430969	7574027	50	-70	16.0	14	16	2	0.67	0.04
BR6-1A	RAB	430979	7574063	40	-70	16.0	No Significant Intersection				0.00
BR6-2	RAB	430989	7574103	50	-70	16.0	0	12	12	0.64	0.04
							48	50	2	0.87	0.24
BR6-2A	RAB	431000	7574147	40	-70	16.0	No Significant Intersection				0.00
BR6-3	RAB	431012	7574191	48	-70	16.0	No Significant Intersection				0.02
BR6-4	RAB	431044	7574308	50	-70	16.0	No Significant Intersection				0.00
BR6A-1	RAB	431053	7573754	40	-70	16.0	No Significant Intersection				40
BR6A-2	RAB	431070	7573810	40	-70	16.0	No Significant Intersection				0.00
BR6A-3	RAB	431087	7573868	44	-70	16.0	No Significant Intersection				0.00
BR6A-4	RAB	431110	7573955	48	-70	16.0	24	38	14	0.89	0.00
BR6A-5	RAB	431124	7574000	40	-70	16.0	No Significant Intersection				0.00
BR6A-6	RAB	431139	7574046	40	-70	16.0	No Significant Intersection				40
BR6A-7	RAB	431158	7574104	40	-70	16.0	No Significant Intersection				0.00
BR6A-8	RAB	431179	7574168	40	-70	16.0	26	28	2	0.55	0.00
BR6A-9	RAB	431196	7574218	48	-70	16.0	No Significant Intersection				0.00
BR7-1	RAB	431246	7573920	50	-70	16.0	No Significant Intersection				0.00
BR7-1A	RAB	431258	7573965	40	-70	16.0	No Significant Intersection				0.00
BR7-2	RAB	431269	7574006	50	-70	16.0	8	10	2	0.63	0.01
BR7-2A	RAB	431281	7574053	40	-70	16.0	No Significant Intersection				0.00
BR7-3	RAB	431293	7574096	50	-70	16.0	No Significant Intersection				0.01
BR8-1	RAB	431473	7573818	36	-70	16.0	No Significant Intersection				0.00
BR8-2	RAB	431485	7573863	27	-70	16.0	No Significant Intersection				0.00
BR8-3	RAB	431505	7573927	40	-70	16.0	No Significant Intersection				0.00
BR8-4	RAB	431522	7573988	40	-70	16.0	No Significant Intersection				0.00
BR8-4A	RAB	431534	7574030	60	-70	16.0	No Significant Intersection				0.00
BR8-5	RAB	431541	7574055	50	-70	16.0	34	50	16	2.64	0.00
BR8-6	RAB	431548	7574082	50	-70	16.0	No Significant Intersection				50
BR8-7	RAB	431568	7574150	50	-70	16.0	No Significant Intersection				0.00

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
BR8-8	RAB	431584	7574217	50	-70	16.0	No Significant Intersection				0.00
GA001	AC	430080	7573281	18	-90	359.0	No Significant Intersection				0.00
GA002	AC	430627	7572995	21	-90	359.0	No Significant Intersection				0.00
GA016	AC	431052.6	7572792	7	-90	359.0	No Significant Intersection				0.00
GA017	AC	430536.4	7572813	7	-90	359.0	No Significant Intersection				0.00
GA018	AC	430559.7	7572889.5	27	-90	359.0	No Significant Intersection				0.05
GA019	AC	430500.1	7572693	9	-90	359.0	No Significant Intersection				0.00
GA020	AC	430052	7572842	27	-90	359.0	No Significant Intersection				0.03
GA021	AC	429600	7572790	21	-90	359.0	No Significant Intersection				0.00
GA022	AC	429520	7572840	24	-90	359.0	No Significant Intersection				0.00
GA023	AC	429420	7572880	24	-90	359.0	No Significant Intersection				0.00
GA024	AC	429325	7572910	25	-90	359.0	NoSignificant Intersection				0.00
GA025	AC	429230	7572950	21	-90	359.0	No Significant Intersection				0.00
GA026	AC	429120	7572960	22	-90	359.0	No Significant Intersection				0.00
GA033	AC	430434.8	7572478	6	-90	359.0	No Significant Intersection				6
GA034	AC	430463.8	7572573.5	9	-90	359.0	No Significant Intersection				9
GA035	AC	429962	7572473	21	-90	359.0	No Significant Intersection				0.01
GC0401	RC_DD H	430060	7574700	582.8	-70	196.0	305	306	1	0.66	0.00
							306	307	1	0.24	0.00
							307	308	1	0.54	0.00
							316	319	3	0.51	0.00
							379	380	1	0.75	0.00
GC0402	RC_DD H	429462	7574108	604.35	-70	16.0	279	280	1	0.90	0.89
							320	323	3	1.69	0.01
							349	352	3	0.65	0.01
GC0403	RC_DD H	430535	7574542	552.7	-70	196.0	287	305	18	2.77	0.00
							320	323	3	0.66	0.00
GC0501	DDH	430402	7574243	672.8	-70	13.5	268	270	2	3.26	0.00
							288	289	1	2.86	0.01
							298	299	1	2.70	0.00
GC0502	DDH	431606	7574202	656.3	-68	195.0	526	528	2	5.68	0.00
							566	567	1	1.62	0.00
GPB0101	RAB	428511	7575613	60	-60	196.0	No Significant Intersection				0.00
GPB0102	RAB	428474	7575487	60	-60	196.0	No Significant Intersection				0.00
GPB0103	RAB	428441	7575377	60	-60	196.0	2	6	4	0.71	0.00
GPB0201	RAB	428690	7575502	58	-60	196.0	No Significant Intersection				0.00
GPB0202	RAB	428653	7575380	60	-60	196.0	No Significant Intersection				0.00
GPB0203	RAB	428627	7575295	62	-60	196.0	No Significant Intersection				0.00
GPB0203B	RAB	428635	7575323	60	-60	196.0	No Significant Intersection				0.00
GPB0301	RAB	428860	7575382	60	-60	196.0	No Significant Intersection				0.00
GPB0302	RAB	428828	7575273	60	-60	196.0	32	34	2	1.73	0.00
GPB0302B	RAB	428819	7575242	70	-60	196.0	No Significant Intersection				0.01
GPB0401	RAB	429205	7575131	60	-60	196.0	No Significant Intersection				0.00
GPB0402	RAB	429190	7575078	60	-60	196.0	No Significant Intersection				0.01
GPB0403	RAB	429170	7575007	60	-60	196.0	No Significant Intersection				0.01
GPB0501	RAB	429375	7575009	60	-60	16.0	No Significant Intersection				0.01
GPB0502	RAB	429352	7574925	60	-60	16.0	No Significant Intersection				0.01
GPB0503	RAB	429337	7574882	60	-60	16.0	32	34	2	4.12	0.01
GPB0504	RAB	429315	7574809	60	-60	16.0	No Significant Intersection				0.01
GPB0601	RAB	429563	7574922	60	-60	16.0	No Significant Intersection				0.00

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
GPB0602	RAB	429541	7574848	59	-60	16.0	8	10	2	0.69	0.02
GPB0603	RAB	429497	7574702	50	-60	16.0	No Significant Intersection				0.01
GPB0701	RAB	429821	7574750	60	-60	16.0	No Significant Intersection				0.00
GPB0702	RAB	429801	7574689	60	-60	16.0	No Significant Intersection				0.00
GPB0703	RAB	429787	7574645	60	-60	16.0	22	24	2	1.52	0.02
GPB0704	RAB	429757	7574548	59	-60	16.0	40	42	2	6.36	0.15
							56	59	3	1.21	0.05
GPB0705	RAB	429732	7574443	40	-60	16.0	4	6	2	0.95	0.04
							18	20	2	3.51	0.03
GPB0801	RAB	429992	7574467	32	-60	16.0	6	16	10	20.95	0.25
GPB0802	RAB	429988	7574454	36	-60	16.0	12	20	8	1.10	0.18
GPB0803	RAB	430034	7574536	60	-60	106.0	10	12	2	2.02	0.00
							18	26	8	1.15	0.00
							30	34	4	1.66	0.00
GPB0804	RAB	430028	7574537	62	-60	196.0	14	16	2	0.72	0.00
GPB0805	RAB	430082	7574567	58	-60	106.0	6	8	2	0.83	0.00
							22	26	4	1.11	0.00
GPB0901	RAB	430225	7574528	60	-60	16.0	No Significant Intersection				0.02
GPB0902	RAB	430216	7574500	60	-60	16.0	12	16	4	2.10	0.03
GPB0903	RAB	430215	7574475	60	-60	16.0	42	44	2	1.21	0.05
							48	52	4	0.82	0.04
GPB0904	RAB	430171	7574377	60	-60	16.0	No Significant Intersection				0.01
GPB0905	RAB	430158	7574326	60	-60	16.0	42	44	2	0.82	0.04
GPB1001	RAB	430672	7574473	58	-60	196.0	No Significant Intersection				0.00
GPB1002	RAB	430653	7574413	73	-60	196.0	56	73	17	1.92	0.10
GPB1005	RAB	430653	7574412	64	-50	196.0	No Significant Intersection				0.02
GPB1101	RAB	431301	7574121	50	-60	16.0	No Significant Intersection				50
GPB1102	RAB	431511	7574046	60	-60	16.0	28	30	2	0.63	0.01
							44	46	2	1.30	0.02
GPB1103	RAB	431522	7574088	58	-60	196.0	No Significant Intersection				0.00
GPB1201	RAB	431655	7573844	60	-60	16.0	No Significant Intersection				0.01
GPB1301	RAB	431815	7574090	66	-60	196.0	No Significant Intersection				0.00
GPB1302	RAB	431790	7573996	46	-60	196.0	36	38	2	0.62	0.00
GPB1303	RAB	431743	7573835	56	-60	16.0	No Significant Intersection				0.02
GPB1304	RAB	431722	7573759	70	-60	16.0	No Significant Intersection				0.00
GPB1305	RAB	431696	7573676	60	-60	16.0	No Significant Intersection				0.00
GPB1401	RAB	432007	7574018	49	-60	196.0	No Significant Intersection				0.00
GPB1402	RAB	431983	7573934	60	-60	196.0	26	28	2	0.60	0.01
GPB1403	RAB	431970	7573894	54	-60	196.0	No Significant Intersection				0.01
GPB1404	RAB	431917	7573709	60	-60	16.0	No Significant Intersection				0.01
GPB1502	RAB	432192	7573937	69	-60	196.0	No Significant Intersection				0.00
GPB1503	RAB	432168	7573850	60	-60	196.0	12	14	2	0.60	0.02
							28	30	2	0.50	0.05
GPB1504	RAB	432158	7573821	60	-60	196.0	4	10	6	0.65	0.03
GPB1901	RAB	430460	7574398	75	-60	16.0	44	46	2	3.03	0.07
							50	52	2	0.85	0.05
							60	68	8	2.20	0.04
GPB1902	RAB	430455	7574383	75	-60	16.0	36	40	4	1.01	0.07
							50	52	2	1.12	0.06
GPB2001	RAB	431435	7573672	61	-60	16.0	No Significant Intersection				0.00
GPB2101	RAB	431706	7574002	70	-60	196.0	No Significant Intersection				0.01
GPB2201	RAB	431739	7573652	24	-60	16.0	No Significant Intersection				0.01

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
GPB2202	RAB	431734	7573628	62	-60	16.0	No Significant Intersection				0.01
GPB2203	RAB	431772	7573621	60	-60	16.0	No Significant Intersection				0.01
GPB2204	RAB	431803	7573622	60	-60	16.0	44	46	2	0.51	0.01
GPB2205	RAB	431835	7573594	62	-60	16.0	34	48	14	0.96	0.01
							56	58	2	8.92	0.01
GPB2206	RAB	431879	7573601	60	-60	16.0	No Significant Intersection				0.01
GPB2207	RAB	431808	7573644	64	-60	196.0	No Significant Intersection				0.02
GPB2208	RAB	431872	7573577	56	-60	16.0	No Significant Intersection				0.01
GPC001	DDH	428776	7574582	249.6	-60	16.0	No Significant Intersection				0.00
GPC9101	DDH	430385	7574393	122.6	-50	16.0	19	20	1	0.75	0.02
							25	26	1	0.87	0.12
							30	31	1	1.24	0.04
GPC9102	DDH	430665	7574448	148.7	-50	196.0	113	116	3	0.56	0.59
							129	130	1	5.50	0.01
GPC9103	DDH	430765	7574099	112	-50	16.0	96	98	2	2.89	0.00
GPC9104	DDH	432524	7573567	94	-60	196.0	32	33	1	0.65	0.00
GPC9105	DDH	430041	7574449	205.5	-50	16.0	94.7	96	1.3	1.17	0.00
							156	158	2	3.08	0.00
							165.5	166.7	1.2	3.16	0.00
							185.7	188.2	2.5	0.86	0.01
GPC9106	DDH	430021	7574579	138	-60	135.0	2.2	3.2	1	18.20	0.12
							17.1	20.2	3.1	8.28	0.03
							31.2	35	3.8	2.48	0.03
GPC9107	DDH	431528	7574016	118.8	-55	16.0	72	74	2	0.82	0.02
GPC9201	DDH	429969	7574621	193	-60	131.0	24.1	29	4.9	1.28	0.01
							47.4	53.1	5.7	1.41	0.00
							67.7	68.2	0.5	103	0.00
							159.4	168.6	9.2	2.50	0.00
							180	181	1	1.12	0.00
GPC9202	DDH	429962	7574504	114.5	-60	132.0	37.4	40	2.6	0.69	0.10
							92	94.4	2.4	1.35	0.04
GPC9203	DDH	430445	7574430	118.2	-60	138.0	No Significant Intersection				0.02
GPC9204	DDH	430196	7574524	134.9	-60	133.0	94.2	97.8	3.6	3.65	0.21
GPC9205	DDH	429787	7574613	120.5	-60	133.0	No Significant Intersection				0.02
GPC9206	DDH	429573	7574446	185.2	-60	196.0	142	144.4	2.4	4.95	0.03
GPEC001	DDH	431831	7573646	96.2	-65	196.0	65	80	15	1.00	0.00
GPEC002	DDH	431831	7573646	111	-80	196.0	No Significant Intersection				0.00
GPEC003	DDH	431821	7573596	83	-50	16.0	21.5	27.5	6	0.83	0.00
GPEC004	DDH	431808	7573549	148	-50	16.0	86.8	88.1	1.3	1.17	0.00
GPEC005	DDH	431765	7573590	135	-50	16.0	97.3	106	8.7	1.40	0.00
GR001	RC	428455	7574573	126	-60	196.0	No Significant Intersection				0.00
GR002	RC	428484	7574669	102	-60	196.0	No Significant Intersection				0.00
GR003	RC	428513	7574764	144	-60	196.0	24	28	4	0.86	0.01
GR004	RC	428542	7574860	150	-60	196.0	No Significant Intersection				0.01
GR005	RC	428571	7574956	119	-60	196.0	No Significant Intersection				0.02
GR006	RC	428629	7575147	150	-60	196.0	146	150	4	0.93	0.01
GR007	RC	428107	7575149	132	-60	196.0	No Significant Intersection				0.00
GR008	RC	428078	7575053	90	-60	196.0	No Significant Intersection				0.00
GR009	RC	428049	7574957	150	-60	196.0	No Significant Intersection				0.06
GR010	RC	428020	7574862	151	-60	196.0	No Significant Intersection				0.00
GR011	RC	427991	7574766	150	-60	196.0	No Significant Intersection				0.00
GR021	RC	428563.9	7573923.5	120	-60	196.0	No Significant Intersection				0.00

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
GR022	RC	428568.4	7573945	120	-60	196.0	No Significant Intersection				0.00
GR023	RC	428665.1	7573878	120	-60	196.0	103	104	1	1.35	0.00
GR024	RC	428757.1	7573823	125	-60	196.0	No Significant Intersection				0.00
GR025	RC	428491.7	7573995.5	121	-60	196.0	No Significant Intersection				0.00
GR026	RC	429733	7575116	160	-60	194.0	No Significant Intersection				160
GR027	RC	430111	7574798	160	-60	194.0	No Significant Intersection				0.00
GR028	RC	430308	7574621	160	-60	196.0	No Significant Intersection				0.00
GR029	RC	430680	7574484	160	-60	196.0	No Significant Intersection				160
GR030	RC	430056	7574712	160	-60	134.0	No Significant Intersection				160
GR031	RC	429949	7574775	160	-60	134.0	No Significant Intersection				0.00
GR032	RC	429371.1	7574138.5	160	-60	134.0	No Significant Intersection				0.00
GR033	RC	429255	7573755.5	166	-60	16.0	NoSignificant Intersection				0.00
GR034	RC	428713.0	7573839.5	160	-60	219.0	96	100	4	1.04	0.00
GR035	RC	428587.9	7573761.5	160	-60	39.1	No Significant Intersection				160
GR036	RC	428499.0	7573809.5	160	-60	39.1	No Significant Intersection				0.00
GR037	RC	428617.5	7573921	160	-60	219.0	56	68	12	14.38	0.00
							72	76	4	2.94	0.00
GR038	RC	428356.1	7574237.5	160	-60	16.0	No Significant Intersection				0.00
GR045	RC	429863.4	7572317	148	-60	16.0	NoSignificant Intersection				0.00
GR054	RC	431110.7	7572983.5	160	-90	16.0	No Significant Intersection
GR056	RC	430081.25	7573034.5	178	-90	16.0	No Significant Intersection				0.00
GR057	RC	429965.0	7572652	160	-60	16.0	No Significant Intersection				0.01
GR061	RC	429124.3	7573325	200	-90	16.0	No Significant Intersection				0.00
GR062	RC	430220.6	7573494	160	-60	16.0	No Significant Intersection				0.01
GR063	RC	430328.0	7573848	160	-60	339.0	No Significant Intersection				0.00
GR064	RC	431226.9	7573366	160	-60	16.0	No Significant Intersection				0.00
GR073	RC	428608.4	7574035.5	160	-60	196.0	No Significant Intersection				0.00
GR074	RC	428634.5	7574121.5	180	-60	196.0	No Significant Intersection				0.00
GR075	RC	428667.9	7574231.5	180	-60	196.0	No Significant Intersection				0.00
GR076	RC	428437.3	7574160.5	180	-60	196.0	No Significant Intersection				0.00
GR077	RC	428463.4	7574246.5	180	-70	196.0	No Significant Intersection				0.00
GR078	RC	428496.8	7574356.5	180	-60	196.0	144	147	3	1.49	0.01
GR079	RC	428641.1	7573947	162	-60	219.0	No Significant Intersection				0.00
GR080	RC	428598.3	7573906	162	-60	219.0	52	58	6	5.69	0.00
GR081	RC	428583.1	7573917.5	160	-60	219.0	No Significant Intersection				160
GR082	RC	428562.1	7573966	160	-60	219.0	No Significant Intersection				0.00
GR083	RC	428649.2	7573905	108	-60	219.0	No Significant Intersection				0.00
GR121001	RC	429556	7574395	108	-60	196.0	No Significant Intersection				0.02
GR124001	RC	429934	7574619	60	-60	196.0	13	17	4	0.97	0.08
GR124002	RC	429943	7574649	114	-60	196.0	71	93	22	1.31	0.01
							98	103	5	0.90	0.01
GR124501	RC	429982	7574611	100	-60	196.0	20	21	1	2.85	0.43
							38	42	4	7.04	0.04
GR124502	RC	429991	7574642	100	-60	196.0	53	86	33	1.55	0.05
							90	92	2	1.82	0.01
							96	97	1	1.15	0.01
GR125001	RC	430023	7574568	100	-60	196.0	36	37	1	13.70	0.02
							69	70	1	1.30	0.01
GR125002	RC	430036	7574614	100	-60	196.0	0	1	1	1.10	0.00
							35	38	3	2.61	0.63
							47	49	2	0.94	0.04
GR125501	RC	430076	7574571	82	-60	196.0	11	13	2	1.34	0.04

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
							13	38	25	0.15	0.07
							38	39	1	1.07	0.02
GR125502	RC	430082	7574592	146	-70	196.0	42	44	2	2.48	0.17
							133	134	1	1.27	0.03
GR126001	RC	430124	7574552	130	-60	196.0	12	16	4	3.18	0.05
							87	88	1	2.10	0.01
GR126002	RC	430135	7574593	144	-60	196.0	3	5	2	1.19	0.16
							135	142	7	1.06	0.01
GR126501	RC	430171	7574540	120	-60	196.0	23	24	1	0.66	0.02
							105	110	5	1.16	0.03
GR126502	RC	430178	7574568	126	-60	196.0	52	53	1	11.40	0.02
							67	71	4	0.83	0.00
							84	85	1	1.26	0.00
							90	99	9	1.12	0.03
							109	113	4	1.50	0.06
GR127001	RC	430215	7574515	100	-60	196.0	67	68	1	2.60	0.03
							68	78	10	0.14	0.03
							78	80	2	7.35	0.16
							88	100	12	1.33	0.06
GR127002	RC	430224	7574546	115	-60	196.0	55	58	3	3.76	0.15
							63	75	12	1.29	0.05
							84	97	13	2.22	0.04
							103	115	12	0.59	0.04
GR127501	RC	430263	7574500	84	-60	196.0	14	15	1	9.50	0.02
							29	31	2	1.81	0.22
							48	54	6	1.14	0.03
							61	62	1	3.59	0.01
							70	79	9	2.22	0.09
GR127502	RC	430271	7574527	110	-60	196.0	70	82	12	1.93	0.25
							108	109	1	1.55	0.00
GR128001	RC	430309	7574480	100	-60	196.0	18	20	2	8.93	0.03
							28	29	1	7.48	0.35
							34	40	6	5.61	0.04
							59	73	14	1.04	0.06
GR128002	RC	430315	7574499	100	-70	196.0	87	89	2	10.43	0.16
							89	100	11	0.09	0.01
GRC04_001	RC	429437	7574015	300	-60	16.0	264	268	4	0.50	0.00
GRC04_002	RC	429265	7574144	300	-60	16.0	No Significant Intersection				0.00
GRC04_003	RC	429351	7574431	300	-60	196.0	No Significant Intersection				0.00
GRC04_004	RC	429617	7573929	300	-60	16.0	No Significant Intersection				0.00
GRC04_005	RC	429709	7574218	300	-60	196.0	No Significant Intersection
HK1-1	RAB	428921	7575186	68	-70	16.0	8	10	2	1.14	0.00
HK1-10	RAB	428713	7574460	40	-70	16.0	No Significant Intersection				0.00
HK1-11	RAB	428686	7574362	30	-70	16.0	No Significant Intersection				0.00
HK1-12	RAB	428659	7574263	64	-70	16.0	No Significant Intersection				0.00
HK1-13	RAB	428632	7574167	50	-70	196.0	No Significant Intersection				0.00
HK1-14	RAB	428619	7574119	40	-70	196.0	No Significant Intersection				0.00
HK1-15	RAB	428605	7574071	40	-70	196.0	No Significant Intersection				0.00
HK1-16	RAB	428577	7573974	30	-70	196.0	No Significant Intersection				0.00
HK1-17	RAB	428566	7573937	52	-70	196.0	No Significant Intersection				0.00
HK1-2	RAB	428909	7575145	70	-70	16.0	No Significant Intersection				0.00
HK1-3	RAB	428887	7575063	62	-70	16.0	No Significant Intersection				0.00

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
HK1-4	RAB	428881	7575043	82	-70	16.0	14	20	6	0.59	0.00
HK1-5	RAB	428854	7574945	40	-70	16.0	No Significant Intersection				0.00
HK1-6	RAB	428819	7574824	60	-70	16.0	No Significant Intersection				0.00
HK1-7	RAB	428798	7574752	40	-70	16.0	No Significant Intersection				0.00
HK1-8	RAB	428769	7574653	60	-70	16.0	No Significant Intersection				0.00
HK1-9	RAB	428742	7574556	78	-70	16.0	No Significant Intersection				0.00
HK2-1	RAB	429726	7575002	36	-70	16.0	No Significant Intersection				0.00
HK2-10	RAB	429522	7574282	40	-70	16.0	No Significant Intersection				0.00
HK2-11	RAB	429494	7574182	50	-70	16.0	No Significant Intersection				0.00
HK2-12	RAB	429471	7574096	40	-70	16.0	No Significant Intersection				0.00
HK2-13	RAB	429458	7574051	68	-70	16.0	No Significant Intersection				68
HK2-14	RAB	429443	7574002	40	-70	16.0	NoSignificant Intersection				0.00
HK2-15	RAB	429429	7573953	60	-70	16.0	No Significant Intersection				0.00
HK2-16	RAB	429410	7573884	40	-70	16.0	No Significant Intersection				40
HK2-17	RAB	429371	7573751	60	-70	196.0	No Significant Intersection				34
HK2-18	RAB	429344	7573655	40	-70	196.0	No Significant Intersection				0.00
HK2-2	RAB	429704	7574925	34	-70	16.0	No Significant Intersection				0.00
HK2-3	RAB	429676	7574828	30	-70	16.0	No Significant Intersection				0.00
HK2-4	RAB	429662	7574778	46	-70	16.0	NoSignificant Intersection				10
HK2-5	RAB	429648	7574728	22	-70	16.0	8	10	2	0.78	0.00
HK2-6	RAB	429643	7574711	42	-70	16.0	No Significant Intersection				0.00
HK2-7	RAB	429606	7574576	40	-70	16.0	14	16	2	0.63	0.00
HK2-8	RAB	429579	7574479	50	-70	16.0	No Significant Intersection				0.00
HK2-9	RAB	429558	7574379	72	-90	16.0	No Significant Intersection				0.00
HK3-1	RAB	430107	7574675	32	-70	16.0	No Significant Intersection				32
HK3-10	RAB	429921	7574034	66	-70	16.0	No data
HK3-11	RAB	429907	7573986	60	-70	16.0	No data
HK3-12	RAB	429889	7573929	70	-70	16.0	No data
HK3-13	RAB	429854	7573814	32	-70	16.0	No data
HK3-14	RAB	429834	7573747	30	-70	16.0	No data
HK3-2	RAB	430093	7574625	40	-70	16.0	No Significant Intersection				0.00
HK3-3	RAB	430077	7574575	40	-70	16.0	10	18	8	0.69	0.00
HK3-4	RAB	430066	7574539	40	-70	16.0	8	18	10	0.82	0.00
							30	34	4	5.13	0.00
HK3-5	RAB	430044	7574461	30	-70	16.0	No Significant Intersection				0.00
HK3-6	RAB	430026	7574397	40	-70	16.0	No Significant Intersection				0.00
HK3-7	RAB	429998	7574300	40	-70	16.0	No Significant Intersection				0.00
HK3-8	RAB	429968	7574197	44	-70	16.0	No Significant Intersection				0.00
HK3-9	RAB	429940	7574098	40	-70	16.0	No Significant Intersection				0.00
HK4-1	RAB	430529	7574153	60	-70	16.0	No Significant Intersection				0.00
HK4-2	RAB	430513	7574102	60	-70	16.0	No Significant Intersection				0.00
HK4-3	RAB	430483	7574000	60	-70	16.0	No Significant Intersection				0.00
HK4-4	RAB	430454	7573901	46	-70	16.0	No Significant Intersection				0.00
HK4-5	RAB	430439	7573854	42	-70	16.0	No Significant Intersection				0.00
HK4-6	RAB	430438	7573846	60	-70	16.0	No data
HK4-7	RAB	430423	7573798	24	-70	16.0	No data
HK4-8	RAB	430383	7573664	52	-70	16.0	No data
HK4-9	RAB	430354	7573568	60	-70	16.0	No data
HK5-1	RAB	430945	7573925	62	-70	16.0	22	24	2	1.91	0.00
HK5-2	RAB	430925	7573855	36	-70	16.0	No Significant Intersection				0.00
HK5-3	RAB	430912	7573806	40	-70	16.0	No Significant Intersection				0.00
HK5-4	RAB	430898	7573758	60	-70	16.0	No Significant Intersection				0.00

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Hole Type	Easting (AMG z50)	Northing (AMG z50)	Total Depth	Dip	Azimuth	From	To	Length	Au (g/t)	Cu (%)
HK5-5	RAB	430882	7573711	50	-70	16.0	No data
HK5-6	RAB	430859	7573634	40	-70	16.0	No data
HK6-1	RAB	431207	7573760	30	-70	16.0	No Significant Intersection				0.00
HK6-2	RAB	431193	7573710	12	-70	16.0	No Significant Intersection				0.00
HK6-3	RAB	431182	7573668	40	-70	16.0	No Significant Intersection				0.00
HK6-4	RAB	431164	7573615	26	-70	16.0	No data
HK7-1	RAB	431449	7573724	22	-70	16.0	No Significant Intersection				0.00
HK7-2	RAB	431440	7573696	18	-70	16.0	10	14	4	1.84	0.00
HK7-3	RAB	431425	7573647	34	-70	16.0	No Significant Intersection				0.00
HK7-4	RAB	431412	7573604	34	-70	16.0	No Significant Intersection				0.00
HK8-1	RAB	430185	7574618	60	-70	57.0	No Significant Intersection				0.00
HK8-2	RAB	430164	7574606	40	-70	57.0	NoSignificant Intersection				0.00
HK8-3	RAB	430141	7574591	40	-70	57.0	4	6	2	0.55	0.00
HK8-4	RAB	430123	7574579	40	-70	57.0	No Significant Intersection				0.00
HK8-5	RAB	430100	7574564	36	-70	57.0	22	24	2	0.63	0.00
HK8-6	RAB	430083	7574553	50	-70	57.0	16	22	6	0.66	0.00
							32	34	2	6.00	0.00
HK8-7	RAB	430091	7574557	38	-70	57.0	2	6	4	1.28	0.00
							20	26	6	0.81	0.00
LP1	RAB	428531	7573932	42	-70	106.0	No Significant Intersection				0.00
LP2	RAB	428544	7573921	50	-70	106.0	No Significant Intersection				0.00
LR1-6	RAB	428151	7574080	50	-70	16.0	No Significant Intersection				0.00
LR2-1	RAB	429873	7573056	50	-70	16.0	No Significant Intersection				0.00
LR2-2	RAB	429907	7573150	50	-70	16.0	No Significant Intersection				0.00
LR2-3	RAB	429938	7573235	50	-70	16.0	No Significant Intersection				0.00
LR2-4	RAB	429967	7573330	50	-70	16.0	No Significant Intersection				0.00
LR2-5	RAB	429998	7573415	50	-70	16.0	No Significant Intersection				0.00
LR3-1	RAB	428941	7573171	50	-70	16.0	No Significant Intersection				0.00
LR3-2	RAB	428974	7573245	50	-70	16.0	No Significant Intersection				0.00
LR3-3	RAB	429010	7573328	50	-70	16.0	No Significant Intersection				0.00
LR3-4	RAB	429046	7573411	50	-70	16.0	No Significant Intersection				0.00
LR3-5	RAB	429132	7573490	50	-70	16.0	No Significant Intersection				0.00
LR3-6	RAB	429180	7573579	50	-70	16.0	No Significant Intersection				0.00

Notes:

All intersections > 1m at 0.5g/t gold are shown.
Internal waste has been included.
These results should be reviewed in conjunction with the information detailed in Appendix 3.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Appendix 2. Results from Rock chip Sampling at the Grace Project.

Hole ID	Easting (AMG z50)	Northing (AMG z50)	Au (g/t)	Cu (ppm)
AW03_010	429459	7574222	0.004	9
AW03_011	429554	7574150	0.001	13
AW03_012	429497	7574181	0.004	18
AW03_013	429002	7574904	0.002	15
AW03_014	429885	7574629	0.005	120
AW03_015	430091	7574557	0.016	505
AW03_016	430091	7574560	4.221	294971
AW03_017	430156	7574181	0.015	740
AW03_018	430186	7574165	0.083	17288
AW03_019	431809	7573608	0.623	731
AW03_020	431826	7573605	0.372	435
AW03_022	429858	7572715	0.003	112
AW03_023	430215	7572579	0.004	28
AW03_024	429204	7573263	0.003	78
AW03_025	429195	7573270	0.002	77
AW03_026	430880	7572955	0.005	90
AW04_013	430560	7572358	-0.001	6
AW04_014	430320	7572599	-0.001	12
AW04_050	429450	7574425	0.318	14
AW04_051	429450	7574450	0.023	11
AW04_052	429500	7574425	0.014	13
AW04_053	429500	7574400	0.01	19
AW04_054	429500	7574375	0.011	16
AW04_055	429550	7574375	0.033	14
AW04_056	429550	7574425	0.006	28
AW04_057	429200	7574350	0.001	6
AW04_058	429200	7574325	0.001	7
AW04_059	429200	7574300	0.004	11
AW04_060	429200	7574250	0.001	14
AW04_061	429250	7574275	0.001	112
AW04_062	429250	7574200	-0.001	11
AW04_063	429200	7574150	0.004	72
AW04_064	429300	7574175	0.001	15
AW04_065	429300	7574200	0.001	6
AW04_066	429300	7574225	0.003	166
AW04_067	429350	7574275	0.02	13
AW04_068	429350	7574300	0.065	12
AW04_069	429350	7574325	0.057	8
AW04_070	429350	7574350	0.003	5
AW04_071	429350	7574200	0.006	86
AW04_072	429350	7574175	0.004	115
AW04_073	429350	7574150	0.003	134
AW04_074	429400	7574225	0.002	42

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Easting (AMG z50)	Northing (AMG z50)	Au (g/t)	Cu (ppm)
AW04_075	429450	7574275	0.002	9
AW04_076	429450	7574250	-0.001	11
AW04_077	429450	7574225	-0.001	9
AW04_078	429450	7574200	0.01	11
AW04_079	429500	7574300	0.005	9
AW04_080	429500	7574325	0.068	37
AW04_081	429500	7574250	0.018	15
AW04_082	429500	7574225	0.002	8
AW04_083	429500	7574200	0.007	11
AW04_084	429500	7574175	0.003	12
AW04_085	429500	7574150	0.003	9
AW04_086	429550	7574350	0.079	18
AW04_087	429550	7574325	0.03	12
AW04_088	429550	7574300	0.036	10
AW04_089	429550	7574275	0.003	9
AW04_090	429550	7574175	0.004	20
AW04_091	429550	7574150	0.002	11
AW04_092	429550	7574125	0.001	11
AW04_093	429600	7574380	0.098	27
AW04_094	429600	7574355	0.028	11
AW04_095	429600	7574300	0.028	16
AW04_096	429600	7574275	0.022	7
AW04_097	429600	7574250	0.021	9
AW04_098	429600	7574225	0.024	3
AW04_099	429650	7574350	0.023	6
AW04_100	429650	7574300	0.01	5
AW04_101	429650	7574275	0.008	6
AW04_102	429650	7574250	0.009	5
AW04_103	429650	7574225	0.01	16
AW04_104	429650	7574200	0.016	5
AW04_105	429700	7574300	0.003	5
AW04_106	429700	7574275	0.002	2
AW04_107	429650	7573850	0.002	6
AW04_108	429700	7573825	0.014	3
AW04_109	429700	7573850	0.032	5
AW04_110	429750	7573875	0.001	-1
AW04_111	429750	7573850	0.002	4
AW04_112	429750	7573825	0.011	3
AW04_113	429750	7573800	0.004	3
AW04_114	429800	7573925	-0.001	4
AW04_115	429800	7573900	0.003	3
AW04_116	429800	7573875	0.002	1
AW04_117	429800	7573850	0.008	2
AW04_118	429800	7573825	0.001	3
AW04_119	429800	7573800	0.004	7
AW04_120	429850	7573925	0.001	-1
AW04_121	429850	7573900	-0.001	4

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Easting (AMG z50)	Northing (AMG z50)	Au (g/t)	Cu (ppm)
AW04_122	429850	7573875	-0.001	2
AW04_123	429850	7573850	0.001	3
AW04_124	429850	7573825	-0.001	-1
AW04_125	429850	7573800	0.002	3
AW04_126	429850	7573775	0.001	4
AW04_127	429850	7573750	0.002	3
AW04_128	429900	7573900	0.002	2
AW04_129	429900	7573875	0.01	2
AW04_130	429900	7573850	0.005	2
AW04_131	429900	7573825	0.004	5
AW04_132	429900	7573800	-0.001	2
AW04_133	429900	7573775	0.002	3
AW04_134	429900	7573750	0.001	2
AW04_135	429950	7573850	0.02	6
AW04_136	429950	7573825	0.002	29
AW04_137	429950	7573800	0.019	5
AW04_138	429950	7573775	0.004	3
AW04_139	429950	7573750	0.002	5
AW04_140	429950	7573725	-0.001	2
AW04_141	430000	7573825	0.008	46
AW04_142	430000	7573800	0.001	3
AW04_143	430000	7573775	0.029	4
AW04_144	430000	7573750	0.009	3
AW04_145	430000	7573725	-0.001	6
AW04_146	430050	7573825	0.002	15
AW04_147	430050	7573800	0.007	8
AW04_148	430050	7573775	0.005	6
AW04_149	430050	7573750	0.002	12
AW04_150	430100	7573775	-0.001	11
AW04_151	430100	7573750	0.002	10
AW04_152	430050	7574225	0.014	14
AW04_153	430050	7574200	0.016	5
AW04_154	430050	7574175	0.013	1
AW04_155	430050	7574150	0.003	8
AW04_156	430100	7574225	0.023	10
AW04_157	430100	7574200	0.01	5
AW04_158	430100	7574175	0.003	3
AW04_159	430100	7574150	0.001	5
AW04_160	430100	7574125	0.003	3
AW04_161	430100	7574100	0.002	4
AW04_162	430150	7574200	0.003	590
AW04_163	430150	7574175	0.013	11
AW04_164	430150	7574150	-0.001	10
AW04_165	430150	7574125	0.002	9
AW04_166	430150	7574100	0.002	8
AW04_167	430150	7574075	0.005	7
AW04_168	430150	7574050	-0.001	9

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Easting (AMG z50)	Northing (AMG z50)	Au (g/t)	Cu (ppm)
AW04_169	430200	7574175	0.007	12
AW04_170	430200	7574150	0.008	13
AW04_171	430200	7574125	0.008	14
AW04_172	430200	7574100	0.006	7
AW04_173	430200	7574075	0.008	6
AW04_174	430200	7574050	0.004	7
AW04_175	430200	7574025	-0.001	79
AW04_176	430250	7574100	0.024	14
AW04_177	430250	7574075	0.037	15
AW04_178	430250	7574025	0.036	7
JM0043	430630	7574520	0.001	7
JM0044	430690	7574515	0.001	3.5
JM0047	430445	7574575	0.001	9.5
JM0076	430605	7572965	-0.001	3.4
JM0077	430415	7573015	-0.001	8.2
JM0078	430145	7572915	0.018	5.6
JM0079	429180	7573290	0.001	50.1
JM0080	429270	7573320	-0.001	15.3
JM0081	430250	7572865	-0.001	3.7
JM0082	430370	7572755	0.001	106.8
JM0083	430530	7572695	-0.001	21.2
JM0084	430630	7572620	-0.001	20.2
JM0094	427915	7574325	0.003	6.1
MM042	428628.8	7573855	0.026	13
MM043	428634.1	7573859	0.003	10
MM044	428558.8	7573903	5.6	20
MM045	428568.3	7573904	0.28	62
MM046	428582.1	7573897	0.015	40
MM047	428597	7573885	0.001	13
MM048	428584.9	7573876	0.002	22
MM049	428621.3	7573865	0.002	12
MM050	428690.2	7573854	0.003	22
MM051	428495.6	7573960	0.02	5
MM052	428624.3	7573778	0.008	9
A340	428650	7575300	-0.01	6
A341	428550	7575350	-0.01	6
A342	428700	7575300	-0.01	8
A343	428800	7575300	-0.01	3
A344	428900	7575300	-0.01	6
A348	428800	7575165	0.36	42
A349	428980	7575000	-0.01	14
A350	428940	7575000	-0.01	13
A351	428925	7575043	-0.01	5
A353	430450	7574850	-0.01	12
A354	430400	7574800	-0.01	5
A355	430350	7574800	-0.01	4
A356	430350	7574950	-0.01	2

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Hole ID	Easting (AMG z50)	Northing (AMG z50)	Au (g/t)	Cu (ppm)
A357	428875	7575040	-0.01	13
A357	430350	7575000	-0.01	3
A358	430250	7575050	-0.01	7
A359	430250	7574950	-0.01	2
A360	430300	7574800	-0.01	14
A361	430250	7574800	-0.01	11
A362	430200	7574850	-0.01	12
A363	430200	7575000	-0.01	7
A1418	429450	7574200	-0.01	35
A1419	429494	7574182	-0.01	26
A1420	429494	7574182	-0.01	12
A1421	429494	7574182	-0.01	8
A1422	429494	7574182	-0.01	6
A1423	429494	7574182	-0.01	-2
A1428	429375	7574150	-0.01	5
A1429	429400	7574150	-0.01	92
A1430	429400	7574100	-0.01	24
A1431	429400	7574100	-0.01	20
A1432	429350	7574150	0.02	33
A1433	429400	7574200	0.03	24
A1434	429400	7574200	0.02	40
A1435	429875	7573850	-0.01	20
A1436	429875	7573850	-0.01	21
A1437	428475	7573937	4.57	52
A1438	428475	7573937	27.1	48
A1439	428475	7573937	3.3	93
A1440	428525	7573937	1.61	33
A1441	428475	7573937	0.65	46
A1442	430123	7574579	1.5	111000
A1443	430123	7574579	1.06	98000
A1444	430123	7574579	0.1	3100
A1452	429450	7574300	1.02	58
A1453	429450	7574300	0.94	396
A1454	430150	7574675	0.06	33
A1455	429726	7575002	0.00	67

Note:

These results should be reviewed in conjunction with the information detailed in Appendix 3.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Appendix 3 . The following tables are provided to ensure compliance with the JORC Code (2012) requirements for the reporting of Exploration Results for the Grace Project.

Section 1 Sampling Techniques and Data

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

Criteria	JORC Code explanation	Commentary
Sampling techniques	 Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.  Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.  Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of	 RAB, RC, and diamond core drilling completed by Newcrest Mining Limited (Newcrest) along with rock chip sampling and geophysical surveys.  RAB drilling (BR, GPB prefixes) sampled on 2m intervals  RC drilling (GR, GRC04 prefixes) sampled on 1m intervals  Aircore drilling (GA prefix) sampled on 1m and 4m intervals  Diamond drill holes (BMC, GPC, GC prefixes) – recovered core normally sampled on 1m intervals except where adjusted for geological features.  Rock chip sampling completed at geologists discretion.  IP survey completed on 200m spaced lines at 100m dipole spacing  Gravity survey completed on 100m x 100m grid

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
	detailed information.
Drilling techniques	 Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.).	 RAB drilling inclined and drilled to blade refusal  DDH drilling inclined, mostly using HQ core size  RC drilling using standard equipment.  AC drilling inclined and vertical, to blade refusal
Drill sample recovery	 Method of recording and assessing core and chip sample recoveries and results assessed.  Measures taken to maximise sample recovery and ensure representative nature of the samples.  Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	 For RAB drilling acceptable recovery assumed as no poor recovery recorded in logs or discussed in text. Not material assumption given follow up drilling has been completed.  For DDH drilling recovery was recorded for each interval including intervals of poor recovery. Reports note that steps were taken (increasing core size) to improve recoveries after the initial DDH holes.  RC drilling returned acceptable recoveries.  No relationship observed between sample recovery and mineralised intersections.
Logging	 Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.  Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography.  The total length and percentage of the relevant intersections logged.	 Geological logging completed on a 2m basis for RAB holes and 1m for RC holes including lithology, alteration, weathering/oxidation and other key parameters. Both qualitative and quantitative logging utilised.  Historical diamond drilling (BMC, GPC series) logged in detail using graphic logs which are included with historical reports. More recent diamond drilling logged using Newcrest logging codes to geological intervals.  All logging was compiled into Newcrest codes and information available from surrender report.  Logging would be in sufficient detail to support a MRE once compiled and standardised.  100% of all metres drilled has been logged.
Sub- sampling techniques and sample preparation	 If core, whether cut or sawn and whether quarter, half or all core taken.  If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled	 RAB sampling completed on 2m composites (assumed not split).  Diamond core samples taken by slabbing core in half with one half sent for analysis. Core normally sampled on 1m intervals except where adjusted for geological features  RC samplingcompleted byriffle splittingeach 1m interval.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
	wet or dry.  For all sample types, the nature, quality and appropriateness of the sample preparation technique.  Quality control procedures adopted for all sub- sampling stages to maximise 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.	From 1996 onwards a four metre composite samples was also taken and submitted as a preliminary indicator of mineralisation, with corresponding 1m samples then submitted for those intervals containing mineralisation.  Aircore sampling completed by collecting a 4m composite sample. 1m samples were then collected and submitted for intervals returning mineralisation.  All samples believed to be representative except for rock chip samples which by their nature are selective.  QA/QC protocols detailed below based on review of reports they are deemed to be industry standard and appropriate.  Laboratory duplicates (sample preparation split) were also completed to assess the analytical precision of the laboratory. Acceptable level of repeatability and precision has been noted.
Quality of assay data and laboratory tests	 The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.  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 their derivation, etc.  Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	 Samples were sent to ALS, Amdel and Genalysis Laboratories, industry accepted and recognised commercial laboratories.  RAB samples were assayed at ALS for Au by fire assay (method PM209) and Cu, Pb, Zn, As, Co, Bi by AAS (method G001 AAS).  DDH samples from 1992 (BMC, GPC series) were sent to ALS and analysed for Au, Cu, Pb, Zn, As, Ni, Co, Bi  DDH samples from 2004 (G04 series) were sent to Genalysis and analysed for Au by AAS with carbon rod finish (method B/ETA) and Bi, Te, W, As, Co, Cu, K, Mo, Na, Ni, Pb, S, Sn, Zn by AAS (AT/OES).  DDH samples from 2005 (GC05 series) were sent to Amdel and analysed for Au by fire assay and As, Ca, Cu, K, Mg, Na, Pb, S, Zn, Bi, Co, Mo, Ni, Sn, and W by ICP.  1992 RC samples were sent to ALS and analysed for Au and Cu only  RC samples from 1996 - 2000 were sent to Genalysis and analysed for Au by AAS with carbon rod finish (method B/ETA) and Cu, As, Pb, Bi by AAS.  RC samples from 2004 were sent to Genalysis and analysed for Au by AAS with carbon rod finish (method B/ETA) and Bi, Te, W, As, Co, Cu, K, Mo, Na, Ni, Pb, S, Zn by AAS (AT/OES).  Aircore samples were sent to Genalysis and analysed for Au by AAS with carbon rod finish (method B/ETA) and Cu, As, Pb, Bi by AAS.  Rock chipsamples from 1989(A series)were assayed for Au

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
		and Cu, Pb, Zn, As, Co, Bi.  Rock chip samples from 2004-2005 (AW, MM series) were sent to Genalysis and analysed for Au by AAS with carbon rod finish (method B/ETA) and Bi, Te, W, As, Co, Cu, K, Mo, Na, Ni, Pb, S, Zn by AAS (AT/OES).  The laboratory inserted its own standards and blanks and completed its own QAQC for each batch of samples. For the Genalysis samples checks on the analysis method were also done by analysing selected samples by fire assay. No significant discrepancies were noted save for the 2004 drilling (GC, GRC004 series) where significant upgrade was noted in the fire assay results.  Certified Reference Materials (CRMs, or standards) were inserted approximately every 100 samples in first pass RAB drilling, then in every hole for follow up drilling. 20 samples in RC drilling and every 10 samples in DD drilling.  Duplicate field samples were approximately every 100 samples in first pass RAB drilling, then in every hole for follow up drilling.  IP surveys carried out using Scintrex receiver and transmitter at a frequency of 0.125Hz and variable current (1 – 10 A). Dipole spacing was 100m on lines spaced 200m along strike.
Verification of sampling and assaying	 The verification of significant intersections by either independent or alternative company personnel.  The use of twinned holes.  Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.  Discuss any adjustment to assay data.	 Significant intersections generated by previous explorers were re-calculated as part of this review.  Drilling data was reviewed by inspection of statutory reporting to the WA Department of Mines (now the Department of Mines, Industry Regulation and Safety). In most cases these included the original log sheets. All data has been loaded into Leapfrog and Micromine software, with validation checks completed prior to use.
Location of data points	 Accuracy and quality of surveys used to locate drill holes (collar and down- hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.  Specification of the grid system used.  Quality and adequacy of topographic control.	 All drill holes except GR26 – 31 were drilling on the Grace local grid, which is oriented to 014 magnetic.  GR26 – 31 were laid out using AMG grid (Zone 51).  All holes have been converted to AMG grid.  The datum is used is AMG 1984 Zone 51.  Open file topographic data is being utilised. Relief in the deposit is minimal therefore this is considered adequate.
Data spacing	 Data spacing for reporting of Exploration Results.	 RAB drilling was initially completed on irregular spacing, approx. 100m spaced over areas of interest.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
and distribution	 Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.  Whether sample compositing has been applied.	 RC drilling was carried out on regular grid spacing over RAB anomalies, GR series were drilled at spacing of 100 – 150m on sections 500m along strike.  DDH holes were drilled on irregular spacing to test below anomalous RAB/RC intersections. 2004-2005 diamond holes were drilled approximately 1km apart to test continuity.  The data spacing is not considered sufficient for Mineral Resource Estimation.  Sample compositing was not used for Exploration Results
Orientation of data in relation to geological structure	 Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.  If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	 Drilling has been completed perpendicular to the NW- trending regional stratigraphy, which is also the orientation of the main structure.  There is support for mineralisation to be hosted in shallow NW- dipping lodes as well as in S-plunging shoots, which may not have been tested adequately by the historical drilling.  Further drilling will increase the understanding of the distribution of mineralisation and its grades.
Sample security	 The measures taken to ensure sample security.	 No measures have been detailed with regards to sample security. It is understood the samples were submitted by personnel of the entity which collected them to either the laboratory or to a contractor to be freighted to the laboratory.
Audits or reviews	 The results of any audits or reviews of sampling techniques and data.	 No reviews or audits have been conducted.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Section 2 Reporting of Exploration Results

Criteria	JORC Code explanation	Commentary
Mineral tenement and land tenure status	 Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.  The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	 E45/4524, P45/2905-2909 are held by entities controlled by Thomas Edwards Langley in agreement with Hardey Resources.  Hardey Resources has legally executed agreement with Thomas Edward Langley to acquire 100% interest in the tenements.  All tenements are contained completely within land where the Martu People have been determined to hold native title rights. To the Company’s knowledge no historical or environmentally sensitive sites have been identified in the area of work.  The tenements are in good standing and no known impediments exist.
Exploration done by other parties	 Acknowledgment and appraisal of exploration by other parties.	 Previous exploration was completed by Newcrest Mining Limited (Newcrest), including its predecessor Newmont Mining Australia, owners of the Telfer Gold Mine.  Exploration completed included geological mapping, geophysical surveys (IP, ground magnetics and ground gravity), rock chip sampling and drilling (RAB, RC and diamond core drilling).  WAMEX reports reviewed and utilised to complete the data compilation include A29118, A30479, A31642, A34922, A37495, A43922, A46877, A50323, A53741, and A79774.  Open file data available from the Geological Survey of Western Australia and Geoscience Australia has also been reviewed.
Geology	 Deposit type, geological setting and style of mineralisation.	 The geological setting is the Paterson Province Proterozoic aged meta-sediment hosted hydrothermal shear, fault and strata/contact controlled precious and/or base metal mineralisation which is typically sulphide bearing. The mineralisation in the region is interpreted to be granite related. The Paterson is a low grade metamorphic terrane but local hydrothermal alteration and/or contact metamorphic mineral assemblages and styles are indicative of a high-temperature local environment. Mineralisation styles include vein, stockwork, breccia and skarns.  The Grace Gold-Copper Project, gold-copper mineralisation is hosted by laminated and banded carbonaceous pyritic dolomitic siltstones and micritic dolomite. Intrusive dolerite units are also known to be associated with mineralisation within the

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
		sequence. The host rocks are variably contorted and brecciated with intense albite alteration. High grade gold, chalcopyrite, +/-arsenopyrite, +/- pyrite occurs as veins which appear linear features and are spaced up to 50 m apart. Based on recent Leapfrog modelling of past work undertaken by Criterion there appears to be ore shoots associated with secondary structures cutting the veins that have a plunge and have not been adequately tested.  Two principal targets are being targeted. Stacked reef’s associated with domal structure similar to the Telfer Gold– Copper Mine. The second target is gold mineralisation associated with shear zones cross cutting dolerite units intruding the sedimentary sequence.
Drill hole Information	 A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: `o` easting and northing of the drill hole collar `o` elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar `o` dip and azimuth of the hole `o` down hole length and interception depth `o` 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.	 All location data is included in Appendix 1
Data aggregation methods	 In reporting Exploration Results, weighting averaging techniques, maximum and/or	 Reported aggregated intervals have been length weighted.  No density or bulk density is available and so no density weighting has been applied when calculating aggregated

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Criteria	JORC Code explanation	Commentary	Commentary
	minimum grade truncations (e.g. cutting of high grades) and cut- off grades are usually Material and should be stated.  Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.  The assumptions used for any reporting of metal equivalent values should be clearly stated.	   	intervals. No top-cuts have been applied. A nominal 0.50g/t gold lower cut-off grade is applied. Higher grade intervals of mineralisation internal to broader zones of mineralisation are reported as included intervals. Metal equivalence is not used in this report.
Relationship between mineralisation widths and intercept lengths	 These relationships are particularly important in the reporting of Exploration Results.  If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.  If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known’).	  	Grace Deposit:The interpreted stratabound/reef vein breccia (oxide and primary) mineralisation is interpreted to be dominantly shallow to moderate northwest dipping (and west- northwest striking) and all drill holes are typically vertical or less frequently inclined between -50˚ and -60˚toward the southwest and northeast. In general the intersection angles for the variety of drilling programs appear to be at a moderate angle to the overall mineralised zones. Therefore the reported downhole intersections are estimated to approximate 60-80% true width. All intersections reported are down hole intervals no suggestion of true widths is implied.
Diagrams	 Appropriate maps and sections (with scales) and tabulations of 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		Refer to figures in the text which show plans and sections of drilling, interpretation and resource model.

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
	views.
Balanced reporting	 Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.	 All drilling intersections have been reported in Appendix 1.  All rock chip data available and able to be verified has been reported in Appendix 2.
Other substantive exploration data	 Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	 All meaningful and material information has been included in the body of the text or can sometimes be found in previous WA DMP WAMEX publically available reports. Data from these reports is still being compiled and verified.  The details of the Grace Project area Induced Polarisation surveys, including IP Chargeability and resistivity anomalies can be found in the WA DMP publically available WAMEX reports A24465 (1988) and A53751 (1997).  Zones of mineralisation and associated waste material have not been measured for their bulk density.  Multi element assaying was conducted variously for a suite of potentially deleterious elements including arsenic, sulphur, lead, zinc and magnesium.  No Geotechnical logging (e.g. Recovery, RQD and Fracture Frequency) was obtained from the WAMEX reports.  No information on structure type, dip, dip direction, alpha angle, beta angle, gamma angle, texture and fill material was obtained from the WAMEX reports.  Metallurgical test-work results available for the Grace Project area include metallurgical tests conducted by Oretest Pty Ltd in December 1997 outlined in WAMEX report A53751 (1997). `o` Bottle roll cyanidation test were conducted on two (2) samples of gold bearing ore from the Lakes prospect that graded 26.1g/t gold (sample 4129) and 8.72g/t gold (sample 4130). Gold recoveries were excellent at 96.1% and 98.5% respectively. Leach kinetics curves for both samples displayed continuing leaching beyond the 24 our period which suggests the presence of coarse/slow leaching gold which is consistent with the spotty head assays. A gravity pre-treatment step was advised for these ores to increase initial cyanide and/or oxygen concentration.
Further work	 The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale	 At this stage mineralisation identified by diamond, RC, Aircore and RAB drilling within the Grace Project area (i.e. Grace, Bemms, Grace East, Genoa, Lakes and Halls Knob) have a range of drill defined limits along strike, across strike and down dipand each remain open in all directions and require further

www.hardeyresources.com.au

ASX Announcement 23[rd] January 2018

==> picture [58 x 44] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
	step-out drilling).  Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	work/drilling to test for lateral (in particular west-northwest) and vertical extensions and continuity beyond the limits of existing historic drilling limits.

AI assistant

PATERSON RESOURCES LTD Capital/Financing Update 2018

65618_rns_2018-01-22_c0972a32-136c-494d-ba6c-bb7489395c80.pdf

HARDEY RESOURCES LIMITED

REVIEW OF GRACE GOLD PROJECT HIGHLIGHTS SIGNIFICANT GOLD SYSTEM AND MULTIPLE UNTESTED IP ANOMALIES

Highlights:

4.0m at 5.13 g/t gold from 30.0m HK3-4

Terence Clee, Hardey Resources Executive Director, commented;

Grace Gold Project - Overview

Further Highlights

Limited Deeper Drilling – Exploration Potential

Grace Drilling Results

ND: No data or in the process of collating and verifying historical assays.

Geophysics - Induced Polarisation

TELFER and MINYARI ANALOGUE

2018 GRACE TELFER PROJECT SUMMARY

ABOUT HARDEY RESOURCES:

Disclaimer and Competent Person Statement

Note:

Section 1 Sampling Techniques and Data

AI assistant

PATERSON RESOURCES LTD — Capital/Financing Update 2018

65618_rns_2018-01-22_c0972a32-136c-494d-ba6c-bb7489395c80.pdf

HARDEY RESOURCES LIMITED

REVIEW OF GRACE GOLD PROJECT HIGHLIGHTS SIGNIFICANT GOLD SYSTEM AND MULTIPLE UNTESTED IP ANOMALIES

Highlights:

4.0m at 5.13 g/t gold from 30.0m HK3-4

Terence Clee, Hardey Resources Executive Director, commented;

Grace Gold Project - Overview

Further Highlights

Limited Deeper Drilling – Exploration Potential

Grace Drilling Results

ND: No data or in the process of collating and verifying historical assays.

Geophysics - Induced Polarisation

TELFER and MINYARI ANALOGUE

2018 GRACE TELFER PROJECT SUMMARY

ABOUT HARDEY RESOURCES:

Disclaimer and Competent Person Statement

Note:

Section 1 Sampling Techniques and Data

More from PATERSON RESOURCES LTD

PATERSON RESOURCES LTD Capital/Financing Update 2018