PRODIGY GOLD NL — Interim / Quarterly Report 2012

Jul 5, 2012

QUARTERLY REPORT

For the 3 Months Ended 30 June 2012

CORPORATE

• $23M Cash Position and No Debt - 30th June 2012.

BUSINESS – GOLD EXPLORATION AND DISCOVERY

• Resource Upgrade Across 3 Northern Territory Projects:
  • 3.3 Million Ounces Gold in total resources across Old Pirate, Buccaneer and Hyperion.
• Old Pirate Deposit Maiden Resource, Scoping Study and new extensions:
  • 427,400 ounces averaging 7.95g/t gold (top cut) at Old Pirate in Inferred and Indicated Resource.
  • $257M cash flow potential indicated by open pit only scoping study. Not yet taking into account underground or extensional surface vein potential.
  • 185 metres strike length averaging 30.96g/t gold discovered in new "East Side" vein at surface not yet included in the resource or scoping study.
  • Coarse Visible Gold discovered in new "The Golden Hind" Prospect at surface pending assay.
• Buccaneer Porphyry Deposit Updated Inferred & Indicated Resource:
  • 2.67Moz averaging 0.65g/t gold (0.2g/t cut-off), including higher grade of:
    • 1.566Moz averaging 1.1g/t gold (0.6g/t cut-off).
• Hyperion Gold Project Maiden Resource:
  • 202,200 ounces of gold averaging 2.11g/t gold (0.8g/t cut-off) Inferred Resource.
• Pending Results:
  • >12000 metres of drilling pending assay from Old Pirate and Buccaneer with drilling on-going.
  • >2400 metres of surface longitudinal sampling pending from Old Pirate extensions.
• Regional Exploration:
  • 2012 regional geochemistry and geophysics programs underway to provide the next pipeline of drill targets for discovery.

PROJECTS

ABM Resources NL ("ABM" or the "Company") is focused on gold projects in the Northern Territory of Australia.

The Twin Bonanza Gold Camp with its multiple targets has both high-grade gold deposits and porphyry style (bulk tonnage) deposits. During the Quarter, the Company released a resource upgrade, results of a scoping study for Old Pirate, commenced the 2012 field season and announced first drilling and surface sampling results.

ABM is the largest exploration license holder in the Tanami – Arunta regions of the Northern Territory. The Company firmly believes that the region is capable of further world-class gold discoveries. ABM continues to prioritise its targets and a full target summary can be found in Appendix 1.

Figure 1. ABM Project Location Map in the Northern Territory.

Exploration Summary from June Quarter

During the Quarter, ABM:

• 1. Nearly doubled its overall resource estimation from 1.67Million ounces to 3.3Million ounces gold in multiple categories across 3 deposits including:
  • 565,000 ounces of gold averaging 10.65g/t gold (uncut) at Old Pirate or 427,400 ounces averaging 7.95g/t gold (top cut).
• 1. An initial Scoping Study at Old Pirate indicated potential for:
  • 261,000 ounces extractable in open pit.
  • Low capital expenditure requirement of $27.1 Million.
  • Low cash cost of $383 per ounce ($511 per ounce total cost).

• $257 Million positive cash flow.

• Expansion with further surface discovery and underground design work.

• 1. Discovered a new high grade "East Side" vein during a surface sampling program at Old Pirate with surface longitudinal samples of 185 metres strike length averaging 30.96g/t gold.
• 1. Observed coarse visible gold at the Golden Hind Prospect located 800 metres south of Old Pirate.
• 1. Completed an initial 44 hole program at Old Pirate with assay results pending.
• 1. Completed >2400 metres of longitudinal surface sampling with results pending.
• 1. Drilled new high grade gold intersection at Buccaneer of 31 metres averaging 3.68g/t gold.
• 1. Commenced regional geophysics and geochemistry programs for next round of targets.

Twin Bonanza Gold Camp

The Twin Bonanza Gold Camp contains more than thirty targets, including the Buccaneer Porphyry Gold Deposit and the Old Pirate Gold Prospect.

Twin Bonanza is centred approximately 22 kilometres south of the Tanami Road and 14 kilometres east of the Western Australia – Northern Territory border. The Project spans the highly prospective "Trans Tanami Structure" – an inferred regional / tectonic geological feature which hosts numerous gold deposits including Newmont's multi-million ounce Callie Gold Mine.

Old Pirate Gold Prospect (High Grade)

The Old Pirate High Grade Gold Prospect sits within a 4 kilometre long gold anomaly located approximately 2 kilometres from the Buccaneer Porphyry Gold Deposit.

Old Pirate consists of outcropping gold bearing quartz veins hosted by folded shales and sandstones with quartz veins preferentially developed in the thicker shale units. Multiple veins have been mapped covering an overall area of 700 metres by 300 metres and range from a few centimetres to several metres in width. Drill results indicate gold extends from surface to a depth of at least 200 metres. Gold is very coarse and can be extremely high grade in the veins.

During the Quarter ABM released the JORC compliant maiden resource for Old Pirate, scoping study results and first results of the continued Old Pirate surface sampling program.

(a) The Old Pirate Resource

All Vein Models	Tonnes	Gold (g/t)	Ounces
Indicated	347,000	5.31	59,200
Inferred	1,327,000	11.86	505,800
Total	1,673,000	10.50	565,000
High Grade VeinModels Only	Tonnes	Gold (g/t)	Ounces
Indicated	132,000	7.74	32,800
Inferred	354,000	22.64	257,600
Total	486,000	18.60	290,400

Table 1 Old Pirate Resource Estimation without utilising a top-cut

*Note - totals may vary due to rounding.

Table 2 Old Pirate Resource Estimation with utilising 300g/t top-cut

All Vein Models	Tonnes	Gold (g/t)	Ounces
Indicated	347,000	5.25	58,500
Inferred	1,327,000	8.65	368,900
Total	1,673,000	7.95	427,400
High Grade VeinModels Only	Tonnes	Gold (g/t)	Ounces
Indicated	132,000	7.62	32,200
Inferred	354,000	17.52	199,400
Total	486,000	14.84	231,600

*Note - totals may vary due to rounding.

Figure 2. Plan view of the Old Pirate Grade / Vein Shell Model.

(b) The Old Pirate Scoping Study

Entech Pty Ltd Mining Consultants compiled a scoping study based only on open pit Indicated and Inferred resource estimates to a depth of 100 metres. The Stage 1 Old Pirate open pit is modelled to contain 832,000t averaging 11.5g/t gold and is based on both Inferred and Indicated Resource Estimations. The presence of high grade coarse free gold at Old Pirate suggests the construction of a simple Gravity Processing Plant with savings on capital expenditure and processing compared to conventional cyanide leach processing.

On-site Gravity Processing Plant. Assumes a 350,000 to 450,000 tonnes per annum gravity gold recovery plant is installed at Old Pirate and assumes a $1600 per ounce realised gold price:

• 261,000 ounces gold recovered (85% recovery) in Stage 1 open pit via gravity gold extraction methods. Stage 1 does not include cyanide leach, underground scenarios or integration of other gold bearing veins identified but not in the resource estimation.

• $27.1M capital expenditure (gravity plant, camp and associated infrastructure) paid back in the first 5 months of production.

• $257M Net Present Value (NPV) applying 0% discount rate (equivalent to cash flow over 2 years mine life).

• $228M NPV applying 9.8% discount rate.

• $511 per ounce of gold total operating cost inclusive of mining, processing, royalties and administration (cash cost ~$383 per ounce).

Figure 3. Oblique 3D view (view to NE) showing resource model and open pit design.

(c) The Old Pirate Surface Sampling Extension

First results of the 2012 field season surface sampling program uncovered a new high grade vein located to the east of the main Old Pirate Resource. Systematic sampling returned 185m strike length averaging 30.96g/t gold (Table 3).

Table 3. Statistics from 2012 Phase 1 sampling on the new eastside vein
Total number of samples (including duplicates)	342 samples
Cumulative strike length projected / sampled	185 metres
Total weight of samples	1792kg
Total surface area of quartz sampled	72.9 sq m
Average vein width	0.42m
Maximum individual value	1150g/t gold
Number of samples >100g/t	27 (8%) averaging 289g/t gold
Number of samples >10g/t gold	104 (30%) averaging 98.43g/t gold
Average of all assays (including duplicates)	30.96g/t gold

Figure 4. The New East Side Vein - surface sampling results with samples >10g/t labelled.

Figure 5. Visible gold in hand-specimen from new East Side vein. Top Left – hand specimen (Au grains ~3mm). Top right, bottom left, bottom right photos through x30 microscope (Au grains 0.2 to 3mm).

The first phase of the 2012 program also included the sampling of a vein on the western limb of the main Old Pirate resource. The current resource model does not extend to surface in this area and this newly sampled vein section is also considered potentially extensional to the existing resource. This vein links to the north with a vein reported in 2011 with a strike length of 102 metres averaging 32.62g/t gold (08/02/2012). The width of the vein is up to 6 metres. Table 4 contains details of this sampling.

Table 4. Statistics from 2012 Phase infill sampling on the western limb
Total Number of Samples (including duplicates)	218
Cumulative strike length projected / sampled	52
Total weight of samples	1453kg
Total area of quartz sampled	103 sq m
Average vein width	2.0m
Maximum value	121g/t gold
Number of samples >100g/t	1 (0.4%) grading 121g/t gold
Number of samples >10g/t	24 (11%) averaging 29.8g/t gold
Arithmetic mean of assays (including duplicates)	4.28g/t gold

(d) Visible gold at The Golden Hind Prospect

The Golden Hind Prospect is a single outcropping vein ranging from 3 metres to 30cm in width. The vein has been mapped over a strike length of approximately 400 metres and continues under shallow cover to the northwest and southeast. To the southeast the vein is interpreted to wrap around an anticline (an arch shaped geological structure) and is structurally analogous to the main Old Pirate deposit.

Figure 6. Coarse Visible Gold in Quartz from The Golden Hind Vein. Field of view approximately 0.8cm.

Figure 7. Location of Golden Hind Prospect relative to Old Pirate.

Buccaneer Porphyry Gold Prospect

(a) The Buccaneer Resource

On 16 April 2012 ABM announced a 60% increase on previous resource estimates at the Buccaneer Porphyry Deposit. The Buccaneer Porphyry Gold Deposit is a bulk-tonnage intrusive-related gold deposit. An overall resource model was constructed in 3 domains (Buccaneer, Caribbean Zone, and Cypress Zone). The Buccaneer Porphyry deposit remains open in several directions with the Eastern Contact Zone, Cypress Zone and the Caribbean Zone forming key targets for the 2012 field season.

0.2g/t cut off	Million Tonnes	Gold (g/t)	Million Ounces
Indicated	34.0	0.64	0.702
Inferred	93.9	0.65	1.970
Total	127.9	0.65	2.672
0.4g/t cut-off	Million Tonnes	Gold (g/t)	Million Ounces
Indicated	24.2	0.77	0.600
Inferred	64.1	0.801.657
Total	88.3	0.80	2.257
0.6g/t cut-off	Million Tonnes	Gold (g/t)	Million Ounces
Indicated	12.3	1.04	0.412
Inferred	31.8	1.13	1.154
Total	44.1	1.10	1.566

Table 5. Buccaneer Porphyry Gold Deposit Resource Update at varying cut-offs

*Note - totals may vary due to rounding.

Figure 8. View east of the Buccaneer Porphyry Deposit resource model.

(b) First drilling results of the 2012 field season from Buccaneer

During the Quarter ABM received drill results for the first 4 extensional drill holes at the Buccaneer Porphyry Gold Deposit including:

• High grade intercepts on the south east extensions of Buccaneer in BCRC100090 ending in mineralisation with:
  • 31 metres averaging 3.68g/t gold (0.5g/t cut-off) including:
    • 14 metres averaging 7.56g/t gold (1.1g/t cut-off).

Figure 9. Updated schematic composite contour map of the Buccaneer Porphyry showing all 2012 drill holes to date.

(c) Geological review of Buccaneer Porphyry and structurally controlled high grade zones

A review of the 2011 drill core at Buccaneer by a researcher from The University of Western Australia and ABM geologists has revealed considerably more visible gold than previously noted. These occurrences were observed in several holes including BCRD100005, drilled in 2011, where multiple visible gold occurrences are observed throughout a zone previously reported with 41 metres averaging 3.54g/t gold. The gold sits within shallowly dipping quartz veins and breccia zones. The Company is commencing a review of these higher grade zones with a view to potentially re-optimising the existing resource estimation work.

Figure 10: Quartz veins in Buccaneer Porphyry hosting visible gold from BCRD100005 drilled in 2011 (assays reported 19/01/2012)

Figure 11. Visible gold from BCRD100005 with gold grains approximately 0.3mm across.

Hyperion Gold Project

The Hyperion Gold Project is located approximately 15 kilometres north-north east of the Groundrush Gold Deposit (Tanami Gold NL). The project consists of two mineralised zones namely Hyperion Central and Hyperion South. At Hyperion Central gold is hosted in quartz-carbonate veins associated with a granite dyke within a differentiated dolerite rock. At Hyperion South gold is hosted in quartz-carbonate veins within dolerite and sedimentary rocks.

On 16 April 2012 ABM announced a maiden inferred resource for Hyperion. The resource is based on a total of 91 drill holes for 11157 metres of drilling and includes historic drill data from previous explorers as well as ABM Resources' drilling data.

0.8g/t cut off	Tonnes	Gold (g/t)	Ounces
Hyperion Central	2,209,000	2.14	152,100
Hyperion South	768,000	2.71	66,800
Total	2,977,000	2.29	219,000
2g/t cut-off	Tonnes	Gold (g/t)	Ounces
Hyperion Central	875,000	3.36	94,400
Hyperion South	272,000	5.37	47,000
Total	1,147,000	3.83	141,400

Table 6 Hyperion Gold Project Resource Estimation without top-cut

*Note - totals may vary due to rounding.

Table 7 Hyperion Gold Project Resource Estimation with 50g/t top-cut

0.8g/t cut off	Tonnes	Gold (g/t)	Ounces
Hyperion Central	2,209,000	2.06	146,600
Hyperion South	768,000	2.25	55,500
Total	2,977,000	2.11	202,200
2g/t cut-off	Tonnes	Gold (g/t)	Ounces
Hyperion Central	875,000	3.17	89,100
Hyperion South	272,000	4.08	35,700
Total	1,147,000	3.38	124,800

*Note - totals may vary due to rounding.

Figure 12. Hyperion Central and South grade shell models (green lines RC drilling, blue lines RAB and Vacuum Drilling).

Regional Projects

(a) North Arunta Regional Project Area Geophysics

During the Quarter ABM commenced an airborne electromagnetic survey over three regional target areas. The aim is to identify conductive clay rich alteration zones along regional structures as well as possible base metal sulphide bodies. The airborne electromagnetic survey covers the over the following areas:

• The Kroda and Tulsa trends. In 2011 ABM reported strong drill results from the Kroda Gold Project such as 57 metres averaging 3.83g/t gold including 29 metres averaging 6.38g/t gold (refer announcement 27/09/2011). Kroda consists of a 14 kilometre combined strike length geochemistry anomaly.
• Reynolds Range / Stafford Gold Zone project area which includes the Sabre Gold Prospect where drilling in 2010 returned 35 metres averaging 2.02g/t gold (refer to release 24/05/2010) and the Reward Copper-Silver prospect where surface sampling returned rock-chips of 17.8% copper, 271g/t silver and 0.55g/t gold (refer to release 13/05/2010).
• Bonita project area, which includes a 6 kilometre diameter magnetic anomaly known as the Swampy Target at the intersection of tectonic scale geological structures.

Figure 13. North Arunta Regional Project Area.

(b) Other Regional Project Areas

Regional ionic leach geochemistry surveys have commenced and are aimed to generate new drill targets on the wider Twin Bonanza Gold Camp, Mallie / Tanami Downs project area, Bonita and Lake Mackay areas.

Priorities going forward include:

2012 Priority Discovery Stage Projects:

• Twin Bonanza Gold Camp :
  • Continue extensional surface sampling program at Old Pirate and extensional targets such as The Golden Hind Prospect.
  • Continue extensional and infill drilling at Old Pirate.
  • Continue extensional drilling at the Buccaneer Porphyry Gold Deposit.
  • Drill test other prospect areas including the Corsair Prospect, the Landlubber Prospect, the Bandit Prospect and the Golden Hind Prospect.
  • Conduct further detailed gravity gold recovery metallurgical tests on the Old Pirate deposit.
  • Conduct metallurgical testing on the Buccaneer Porphyry Gold Deposit.
  • Continue extensional surface soil geochemistry programs.

2012 Other Planned Activities:

• Complete regional airborne electromagnetic survey at the eastern Barrow Creek, Reynolds Range (Stafford Gold Zone) and Bonita regional project areas.
• Kroda Gold Project / Tulsa Project:
  • Analysis of historic data and geophysics for further drill testing.
• Regional Projects*:*
  • Apply regional geochemistry and mapping programs across several project areas.

None Core Assets

Discussions on the divestment are ongoing with several parties on the Erayinia base metal project in Western Australia.

Tenement Portfolio

ABM has 70 granted licenses and 51 exploration license applications in the Northern Territory totalling more than 33,000 square kilometres. ABM continues its strong working relationship with the Central Land Council, the Traditional Owners and the Northern Territory Department of Resources.

CORPORATE

Cash Position

ABM is in a very strong cash position with $23M and no debt at the end of the Quarter.

Related Party Transactions

ABM's Chairman Mike Etheridge purchased 1 Million shares on market.

Yours faithfully

DARREN HOLDEN Managing Director

Competent Persons Statement

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Darren Holden who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Holden is a full time employee of ABM Resources NL and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves". Mr Holden consents to the inclusion in the documents of the matters based on this information in the form and context in which it appears.

For Further Information Please Contact

Jutta Zimmermann	Darren Holden	Berdine Mastaglia
CFO / Company Secretary	Managing Director	Investor Relations Manager
+61 8 9423 9777	+61 8 9423 9777	+61 8 9423 9777

ASX ANNOUNCEMENTS

During the Quarter the following ASX announcements were released regarding the Company's activities and projects:

28/06/2012	New Prospect with Coarse Visible Gold at Surface
20/06/2012	Earth Resources Conference Presentation
18/06/2012	Broadcast - ABM identifies new high grade gold vein
15/06/2012	New High Grade Vein Uncovered at Old Pirate
14/06/2012	High Grade Gold Drill Results Extend Buccaneer
16/05/2012	Broadcast - ABM Old Pirate Stage 1 Scoping Study Results
15/05/2012	Old Pirate Stage 1 Scoping Study Results
07/05/2012	Change of Director`s Interest Notice
03/05/2012	2012 Exploration Season Underway
26/04/2012	Updated Corporate Presentation
18/04/2012	Broadcast - ABM Significantly Increase Resource Base
16/04/2012	3.3 Million Ounces Gold in Resources
13/04/2012	Trading Halt
05/04/2012	Quarterly Activities and Cashflow Report

Appendix 1. ABM Asset Summary. Note – readers are referred back to previous announcements for full reporting of exploration results on a particular prospect or project.

Discovery Stage Projects – Several mineralised intercepts confirmed continuous over strike length with at least one sub-project pending drill to define extents or resource.

Sub-Project	Target Style	Infrastructure /Access	Extents	Best Intersections /Potential or Resource	2012 Proposed andCompleted Activity	Refer ASXAnnouncementDate For FurtherDetails
Twin Bonanza Gold Camp Project
Old Pirate	High gradesedimentary hostedveins.	25km south ofTanami Road. Allweather tracks.60km from CoyoteMill.	Extendable over8km ofanomalieslargely untestedto the North andSouth of CentralOld Pirate area.	Resource of 427,000ounces of gold averaging7.95g/t gold (top cut) or565,000 ounces of goldaveraging 10.65g/t gold(uncut).Multiple kilometres ofprospective vein horizonsyet to be tested.	Continuedextensional and infilldrilling.Further surfacesampling andtrenching ofextensional veins.Further metallurgicaltest work.Updated resourceestimations.	02/02/2010,03/03/2010,15/06/2010,08/07/2010,12/07/2010,27/07/2010,31/08/2010,15/11/2010,04/04/2011,08/08/2011,31/08/2011,07/09/2011,13/10/2011,29/11/2011,22/12/2011,05/01/2012,20/01/2012,08/02/2012,16/04/2012,03/05/2012,15/05/2012,18/06/2012 &28/06/2012
BuccaneerincludingCaribbean,Cypress, EasternContact, EmpressZones	Porphyry relatedgold.	22km south ofTanami Road. Allweather tracks.60km from CoyoteMill.	3km by 1.5kmextents.	2.67Moz Inferred andIndicated Resource.Recent extensionalresults:435m @ 0.69g/t gold incl203m @ 1.07g/t gold incl41m @ 3.54g/t gold.174m @ 0.97g/t gold incl32m @ 1.19g/t gold +31m @ 3.37g/t gold incl19m @ 5.08g/t gold.	Further extensionaldrilling focusing onhigher grade zonesincluding Caribbeanand Cypress Zones.Re-optimisation ofresource focusing onhigher gradestructural zones.Metallurgical testwork.	01/02/2010 ,03/03/2010,15/06/2010,19/08/2010,31/08/2010,13/09/2010,22/09/2010,18/10/2010,13/12/2010,13/01/2011,21/02/2011,22/02/2011,28/02/2011,22/03/2011,27/04/2011,09/05/2011,09/06/2011,16/06/2011,04/07/2011,18/07/2011,01/08/2011,17/08/2011,12/09/2011,11/10/2011,24/10/2011,28/11/2011,18/01/2012,19/01/2012,07/03/2012,16/04/2012,03/05/2012 &14/06/2012

Sub-Project	Target Style	Infrastructure /Access	Extents	Best Intersections /Potential or Resource	2012 Proposed andCompleted Activity	Refer ASXAnnouncementDate For FurtherDetails
Twin BonanzaGold CampCompanionProjects –Marauder, CasaAnomaly 19,Mavericks, Bandit,Corsair,Landlubber	Various.	18 to 25km south ofTanami Road. 18 to45km from CoyoteMill.	Combinedanomalism over80 sq km.Largely untestedby drilling.	Total of 30 targets at theTwin Bonanza GoldCamp incl Old Pirate andBuccaneer.Anomaly 19:52m @ 0.32g/t gold incl18m @ 0.59g/t gold incl6m @ 1.27 g/t gold.Bandit: 5m @ 3.12g/t goldincl 1m @ 13.25g/t gold.	Test multiple targets.	03/03/2010,31/01/2011,03/02/2011,18/04/2011,24/10/2011&28/11/2011

Northern Tanami Gold Project

Hyperion	High gradesedimentary hostedveins.	18km NNE ofGroundrush Mine. Allweather roads.	500m x 100mzone in overall2km ofanomalies. Openat depth.	202,000 ounce inferredresource.	Ongoing assessment.	09/03/2010 ,04/11/2010,11/01/2011,09/11/2011,28/02/2012,12/03/2012 &16/04/2012
Hyperion JasperHill	High gradesedimentary hostedveins.	18km NNE ofGroundrush Mine. Allweather roads.	120m strikelength open.	25m @ 1.05g/t Au incl.16m @ 1.30g/t Au.	Reconnaissance2012.	09/03/2010 &04/11/2010
HyperionCompanionProjects – HypWest; Grange,Brokenwood, OldSoldier	High gradesedimentary hostedveins.	18km NNE ofGroundrush Mine. Allweather roads.	Multiple targets>6 sq km ofanomalism.	3m @ 8.53g/t Au,3m @ 6.42g/t Au.	Reconnaissance2012.	09/03/2010 &11/01/2011

Eastern Barrow Creek Gold Project

Kroda 3	High gradesedimentary hostedveins.	18km from StuartHighway (nearBarrow Creek).	540m by 300manomalous zonedefined byshallow drilling.	57m @ 3.83g/t gold incl29m @6.83g/t gold incl12m @ 15.69g/t gold.91m @ 1.44g/t gold incl33m @ 3.22g/t gold.	Airborne geophysicsunderway. Possibleresource drilling.	16/03/2010,17/03/2010,20/06/2011,27/09/2011 &03/05/2012
Kroda CompanionProjects 1, 2, 4	High gradesedimentary hostedveins.	18km from StuartHighway (nearBarrow Creek).	More than 14kmof combinedstrike length ofanomalismdefined withshallow drilling /reconnaissance.	9m @ 2.39g/t Au,6m @ 3.32g/t Au.	Airborne geophysicsunderway.	16/03/2010,17/03/2010,20/06/2011 &03/05/2012
Tulsa Project	Shear zone hostedgold?	45km from StuartHighway (nearBarrow Creek)	.10km of strikelength ofanomalous goldin soils.	-	Airborne geophysics.geochemistry andpossibly drilling.	03/05/2012

Stafford Gold Zone

Sabre	High gradesedimentary hostedveins.	200km NW of AliceSprings, 70km fromTanami Road viatracks fromYuendumu.	600m by 240mdrilled zone.	35m @ 2.02g/t Au incl17m @ 3.93g/t Au incl2m @ 18.15g/t Au.	Airborne geophysics.	18/01/2010,24/05/2010,15/06/2010,07/07/2010 &03/05/2012
Stafford Gold ZoneCompanionProjects – FalchionYataghan,Yataghan South,Assegai, Claymore	High gradesediment hostedveins.	200km NW of AliceSprings, 70km fromTanami Road viatracks fromYuendumu.	20 kilometres ofanomalous strikelength of theStafford GoldZone.Companionprojects widelyspaced / shallowdrilling.	Up to 2m @ 4.1g/t Au inshallow drilling.	Airborne geophysics.	18/01/2010,07/07/2010 &03/05/2012

Sub-Project	Target Style	Infrastructure /Access	Extents	Best Intersections /Potential or Resource	2012 Proposed andCompleted Activity	Refer ASXAnnouncementDate For FurtherDetails
RewardPolymetallicCompanion Project	Breccia hosted CuAg-Pb-Au.	200km NW of AliceSprings, 70km fromTanami Road viatracks fromYuendumu.	250m x 100moutcrop of rockchips.	Rock-chips returned up to20.3% copper and 271g/tsilver.	Airborne geophysics.	18/01/2010,13/05/2010 &03/05/2012

Emergent Projects – Large Scale Anomalies in New Districts

Sub-Project	Target Style	Infrastructure /Access	Extents	Best Intersections /Potential	2011/2012 Proposedand CompletedActivity	Refer ASXAnnouncementDate For FurtherDetails
-------------	--------------	----------------------------	---------	-----------------------------------	-------------------------------------------------	----------------------------------------------------------

Lake Mackay Projects

Tekapo	Iron Oxide-CopperGold (Tennant Creek/ Ernest HenryStyle).	400km east of AliceSprings, 60km fromNyrripi.	1.2km by 600mgeochemanomaly Cu-AuAg-Bi-Mo-Sb.	16m @ 3.4g/t Au and4m @ 2.67% Cu. Nodrilling in bedrock(surface regolith zone).18m @ 3.05g/t gold and17m @ 0.25% copper.	Reconnaissance2012.	07/01/2010,24/08/2011 &24/11/2011
Dodger	Shear hosted gold +intrusion relatedbase metals.	400km east of AliceSprings, 68km fromNyrripi.	Regolith (RAB)anomaly 2.5kmlong.	4m @ 3.56g/t Au.Untested in fresh rock.Several parallel systems.Major underlying intrusionas the potential source.	Reconnaissance2012.	07/01/2010
Taupo	Iron Oxide-CopperGold (Tennant Creek/ Ernest HenryStyle).	400km east of AliceSprings, 99km fromNyrripi.	Regolith (RAB)anomaly 8km by1km Cu-Au-PbZn-Bi.	No test of fresh rock. Allregolith drilling indepleted horizon.	Reconnaissance2012.	07/01/2010
Lake MackayCompanionProjects –Wakatipu,Manapouri, TeAnau	IOCG, Shear hostedgold, intrusiverelated gold.	400km east of AliceSprings.	Regolith (RAB &Vacuum)anomalies overvariable extents.	Large low levelanomalies.Manapouri: 1m @ 5.61g/tgold.	Reconnaissance2012.	07/01/2010,24/08/2011 &24/11/2011

Tanami / Arunta Region Emergent Regional Projects

Northern TanamiSoldier / Birrindudu	Sedimentary hostedveins.	~80km north ofTanami /Groundrush Mines.	ExtensiveGeochemistryand magneticanomalies over 8sqkm.	No test of fresh rock.	Reconnaissance andpossible drill test2012.	23/11/2009
North Arunta	Porphyry relatedgold andsedimentary hostedvein deposits.	70km north ofYuendumu.	UnprospectedELAs spanningthe prolificTrans-TanamiGeologicalStructure.	No work to date.Regional structuraltargets.		23/11/2009
Bonita	Unknown.	70km north ofYuendumu.	6km magneticanomaly.	-	Airborne geophysicsand geochemistry.	03/05/2012
Lake Mackay	Iron Oxide-CopperGold, High GradeVein.	450km east of AliceSprings, 100kmfrom Nyrripi.	UnprospectedELAs spanningmajor structures.	No work to date.Regional structuraltargets. RemoteAustralia.	Reconnaissance andtarget selectionprogram planned.	23/11/2009

Appendix 5B

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.

Name of entity

ABM RESOURCES NL

A.C.N. 009 127 020 30 June 2012

ABN Quarter ended ("current quarter")

Consolidated statement of cash flows

	Cash flows related to operating activities		Current quarter$A'000	Year to date$A'000
1.1	Receipts from product sales and related debtors -
1.2	Payments for	(a) exploration & evaluation	(2,434)	(10,281)
		(b) development (business)	(136)	(425)
		(c) production
		(d) administration	(249)	(1,400)
1.3	Dividends received
1.4		Interest and other items of a similar nature received	155	721
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		(2,664)	(11,385)
	Cash flows related to investing activities
1.8	Payment for purchases of:	(a) prospects
		(b) equity investments
		(c) other fixed assets	(417)	(969)
1.9	Proceeds from sale of:	(a) prospects
		(b) equity investments
		(c) other fixed assets	-	7
1.10	Loans to other entities
1.11	Loans repaid by other entities
1.12	Other (provide details if material)
	Net investing cash flows		(417)	(962)
1.13	forward)	Total operating and investing cash flows (carried	(3,081)	(12,347)

1.13	Total operating and investing cash flows (brought	Current quarter$A'000(3,081)	Year to date$A'000(12,347)
	forward)
	Cash flows related to financing activities
1.14	Proceeds from issues of shares, options, etc.	-	26,638
1.15	Proceeds from sale of forfeited shares	-	-
1.16	Proceeds from borrowings/environmental bonds	-	-
1.17	Repayment of borrowings
1.18	Dividends paid
1.19	Other (provide details if material)
	Net financing cash flows	-	26,638
	Net increase (decrease) in cash held	(3,081)	14,291
1.20	Cash at beginning of quarter/year to date	26,116	8,744
1.21	Exchange rate adjustments to item 1.20
1.22	Cash at end of quarter	23,035	23,035

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

• 1.23 Aggregate amount of payments to the parties included in item 1.2 115
• 1.24 Aggregate amount of loans to the parties included in item 1.10
• 1.25 Explanation necessary for an understanding of the transactions

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
• 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

Current quarter
$A'000

Financing facilities available

Add notes as necessary for an understanding of the position.

		Amount available$A'000	Amount used$A'000
3.1	Loan facilities
3.2	Credit standby arrangements

Estimated cash outflows for next quarter

		$A'000
4.1	Exploration and evaluation	5,000
4.2	Development	150
4.3	Production
4.4	Administration	600
	Total	5,750

Reconciliation of cash

accounts is as follows.	Reconciliation of cash at the end of the quarter (as shown in theconsolidated statement of cash flows) to the related items in the	Current quarter$A'000	Previous quarter$A'000
5.1	Cash on hand and at bank	1,001	590
5.2	Deposits at call	22,034	25,526
5.3	Bank overdraft
5.4	Other (provide details)Funds held in trust until shares will be issued
	Total: cash at end of quarter (item 1.22)	23,035	26,116

Changes in interests in mining tenements

		Tenement reference	Nature of interest(note (2))	Interest atbeginningof quarter	Interest atend ofquarter
6.1	Interests in miningtenements relinquished,reduced or lapsed	Refer attached
6.2	Interests in miningtenements acquired orincreased	Refer attached

• See chapter 19 for defined terms.

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.

		Total number	Number quoted	Issue price persecurity (seenote 3) (cents)	Amount paidup per security(see note 3)(cents)
7.1	+securitiesPreference(description)
7.2	Changes during quarter(a) Increases through issues(b) Decreases throughreturns of capital, buybacks, redemptions
7.3	+Ordinary securities	3,241,175,631	3,241,175,631
7.4	Changes during quarter(a)Increases through issues
	(b) Decreases throughreturns of capital, buy-backs
7.5	+Convertible debtsecurities (description)
7.6	Changes during quarter(a) Increases through issues(b) Decreases throughsecurities matured,converted
7.7	Options (description andconversion factor) *	280,000,000		Exercise PriceVarious	Expiry dateVarious
7.8	Issued during quarter
7.9	Exercised during quarter
7.10	Expired during quarter
7.11	Debentures(totals only)
7.12	Unsecured notes (totalsonly)

* On exercise of these options up to a further 166,500,000 options will be issued ($0.015 @ 5 years from issue date).

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

(Company Secretary)

Sign here: ............................................................ Date: 6 July 2012

Print name: Jutta Zimmermann

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.
• 1. 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.
• 1. 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*.*
• 1. The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.
• 1. 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.

FOR THEQUARTER ENDED 30June2012
Areas of interest	Tenements	EconomicEntity's Interest	Notes
Northern TerritoryTANAMI
Birrindudu	EL5889	100	granted
	EL23523	100	application
	EL27705	100	granted
	EL28326	100	granted
	EL28560	100	application
	EL28566	100	granted
Supplejack	EL26623	100	application
	EL27566	100	granted
	EL27570	100	application
	EL27812	100	granted
	EL27979	100	granted
	EL27980	100	application
	EL9250	100	granted
Matrix	EL26609	100	granted
	EL28333	100	application
Cervantes	EL26619	100	application
	EL27125	100	application
	EL27126	100	granted
Bonanza	EL25194	100	granted
	EL25844	100	granted
	EL26610	100	granted
	EL26616	100	granted
	EL27124	100	granted
	EL27127	100	granted
	EL27339	100	application
	EL27378	100	granted
	EL27813	100	granted
	EL28322	100	granted
	EL28323	100	application
	EL28324	100	granted
	EL28325	100	granted
	EL28327	100	granted
	EL28328	100	granted
	EL28394	100	application
	EL22850	100	granted
	EL23208	100	granted
	EL23659	100	granted
	EL24436	100	granted
	EL24344	100	granted
	EL26608	100	granted
	EL24437	100	granted
North Tanami	EL29181	100	application
	EL29182	100	application
South Tanami	EL25191	100	granted
	EL25192	100	granted
	EL28785	100	application

SUMMARY OF MINING TENEMENTS AND AREAS OF INTEREST

FOR THE QUARTER ENDED 30June2012Continued
Areas of interest	Tenements	Economic	Notes
		Entity's Interest
Northern TerritoryTANAMI
Euro	EL25845	100	application
	EL26590	100	application
	EL26591	100	application
	EL26592	100	application
	EL26593	100	application
	EL26613	100	application
	EL26615	100	application
	EL26618	100	application
	EL26620	100	application
	EL26621	100	application
	EL26622	100	application
	EL26673	100	application
	EL27604	100	application
LAKE MACKAY PROJECT
Taupo	EL8696	100	granted
	EL28682	100	application
Tarawera	EL10306	100	granted
	EL10305	100	granted
	EL24473	100	application
	EL24492	100	granted
	EL27780	100	granted
	EL23898	100	application
	EL27894	100	application
	EL8695	100	application
	EL9343	100	granted
	EL25866	100	granted
	EL24299	100	granted
	EL24567	100	granted
	EL24915	100	application
	EL24949	100	granted
	EL25630	100	granted
	EL25632	100	granted
	EL29459	100	application
	EL29460	100	granted
	EL27872	100	granted
	EL29315	100	application
	EL29314	100	application
	EL29316	100	application
	EL29369	100	application
Tekapo	EL9442	100	granted
	EL9449	100	granted
	EL24858	100	granted
	EL28683	100	application
Te Anau	EL8697	100	granted
Dodger	EL28028	100	granted
Terry's Find	EL27906	100	granted
McEwin Hills	EL29483	100	granted

FOR THE QUARTER ENDED 30June2012Continued
Areas of interest	Tenements	EconomicEntity's Interest	Notes
Northern Territory
NORTH ARUNTA
Walkeley Project	EL22554	100	application
	EL22555	100	application
	EL26903	100	application
Bonita	EL23926	100	granted
	EL29367	100	granted
	EL23927	100	granted
	EL29368	100	granted
Reynolds Range	EL28083	100	granted
	EL23655	60	granted
	EL23888	100	granted
Barrow Creek	EL23880	100	granted
	EL23883	100	granted
	EL23884	100	granted
	EL23885	100	granted
	EL23886	100	granted
	EL8766	100	granted
	EL25030	100	application
	EL25031	100	application
	EL25033	100	application
	EL25034	100	application
	EL25035	100	application
	EL25036	100	application
	EL25041	100	application
	EL25042	100	application
	EL25044	100	application
	EL26825	100	granted
	EL28515	100	granted
	EL28748	100	granted
	EL28727	100	granted
Western Australia
Dalgaranga	M59/106	100
Erayinia	E28/1228	70	Hawthorn Resources Ltd 30%
	E28/1611	70	Hawthorn Resources Ltd 30%
	E28/1612	70	Hawthorn Resources Ltd 30%