RTG Mining Inc. — Regulatory Filings 2017

Apr 17, 2017

Level 2, 338 Barker Road Subiaco WA 6008 Phone: +61 8 6489 2900 www.rtgmining.com

ABN: 70 164 362 850

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

RTG ANNOUNCES HIGH GRADE INTERCEPTS AND NEW STYLE OF MINERALISATION AT BUNAWAN PROJECT

ANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE AND AUSTRALIAN SECURITIES EXCHANGE

18 APRIL 2017

The Board of RTG Mining Inc. ("RTG", "the Company") (TSX Code: RTG, ASX Code: RTG) announces the results of the diamond drilling program at the Bunawan Project in the Philippines including intercepted high grade mineralization intervals, with 9.0m @ 2.02/t Au.

						Core
Drillhole	From	To	Intercept (m)	Au g/t	Mineralisation	Recovery (%)
BDH10	62.00	64.00	2.00	2.94	Diatreme Breccia	100.00
and	163.40	167.00	3.60	4.58	Diatreme Breccia	100.00
					Diatreme Breccia /
BDH12	108.00	111.00	3.00	1.05	Andesite	100.00
BDH14	262.00	264.15	2.15	2.16	Andesite	100.00
BDH15	39.00	48.00	9.00	2.02	Dacite	90.00
including	44.00	48.00	4.00	2.85	Dacite	92.00
and
including	45.00	48.00	3.00	3.43	Dacite	92.00
and
including	45.00	46.00	1.00	6.78	Dacite	75.00

Table 1- Significant Down-hole Intersections (Note that the true width of the mineralization is not known at this stage)

The results of this program further confirm the presence of breccia/epithermal vein systems within and below the diatreme that is similar geologically to the nearby Co-O vein system. The discovery of a favorably mineralized dacite host in BDH15 that is geologically similar to the nearby high-grade artisanal mining area also adds to the increased mineral potential of the property. Hydrothermal alteration assemblage in the dacite suggests that it may be a component of a high-sulphidation system in the general area. With the various geological conditions identified, the region has the potential to see another major gold discovery.

Drilling Program

Figure 1. Geological Map showing locations of completed drill holes and artisanal gold workings. Holes of latest program marked in green

This second phase of reconnaissance drilling (six holes for 1,798.6 meters) was targeted at Induced Polarization responses coincident with magnetic low signatures and anomalous surface gold geochemistry. Targets also included extensions of previously identified mineralization/geology. Holes BDH-10, BDH-11 and BDH-12 were targeted at geophysical responses, whilst holes BDH-13, BDH-14 and BDH-15 tested extensions of mineralization/geology. Geological mapping and comparison with diatreme-related mineralisation which is common in the Philippines also provided guidance in drill hole targeting.

Drilling continued to investigate the extent of mineralization along a corridor marked by artisanal workings on the southern margin of the Mahunoc diatreme complex. Significantly BDH-10 and BDH-12 has added mineralized continuity about the center of the corridor where previous drilling BDH-06 intercepted 36m @ 1.49g/t including 7m @ 4.18g/t Au (ASX release Feb 2015).

At shallow depths BDH15 intersected a new, previously not seen, style of mineralisation characterized by vuggy silica in intensely silicified dacite. This represents a new style of gold deposition in the Mahunoc prospect and is similar to the nearby artisanal Red Mountain bonanza-style gold-quartz vein system.

The drilling has emphasized the significant potential of the area and further confirmed that the mineralised corridor on the southern margin of the diatreme (marked by extensive shallow artisanal workings in the diatreme and a coincident, district scale structural zone), is a highly prospective target area.

BDH-10 intercepted two (2) silicified zones hosted within the diatreme breccia. This style of mineralization is similar to that intercepted in previous drilling and provided further validation of the geophysical method with mineralization correlating with resistivity & chargeability anomalism.

BDH-11 intersected several zones containing narrow white vuggy quartz-calcite-pyrite veinlets associated with later-formed rhodonite crystals. No significant gold mineralization was intersected, however, a review of lithology and structures encountered in early interpretations suggest that this drill hole may have missed the targeted structure.

BDH-12 intercepted mineralization in a brecciated andesite with interstitial quartz-calcite. This crackled zone in andesite is significant as it shows the potential for more mineralization styles in the property. End of hole was at 151.40m and failed to reach the target depth due to downhole conditions associated with a major fault zone.

BDH-13 intersected a 56 m wide zone of fracture-filled / cross-cutting calcite-quartz with colloidal silica and grey quartz bands; this is geologically beneath the Pocloy mineralized breccia pipe workings.

BDH-14 intercepted mineralization in the andesite lava underneath the Imbudo artisanal gold workings. The mineralization is characterized by cross-cutting white vuggy calcite-quartz and dark grey quartz veinlets with ± pyrite ± chalcopyrite ± galena ± sphalerite selvages. This zone represents the projected extension of supergene-enriched narrow gold-bearing veinlets at Imbudo workings. The intercept demonstrates that the Imbudo system persists at depth and is characterized by base metal associated mineralization, supporting further base metal anomalism targeting campaigns within the prospect.

BDH-15 intercepted intensely silicified dacite with vuggy silica. The dacite lies between the diatreme breccia and the andesite lava. A quartz-calcite stockwork zone in andesite was also intercepted towards the bottom of the hole. Mineralisation in this dacite is dissimilar from that intersected during the first phase reconnaissance drilling program. In that program, mineralized silicified zones were found hosted in diatreme breccia interpreted to have been introduced into porous clast-rich zones within the diatreme from structurally controlled epithermal vein zones in the andesite below the diatreme apron such as that intersected in BDH 08. The mineralization in dacite intersected by BDH15 represents an additional style of gold deposition found in the Mahunoc prospect area and is similar to the nearby Red Mountain bonanza-style gold-quartz vein mineralization hosted also in dacite. The intercept is very exciting as it shows the existence of an additional favorable epithermal system and host rock located within the property. It should be further targeted in future drilling programs.

Figure 2. BDH15 & BDH10 interpretive geological cross-section

ABOUT BUNAWAN

The Bunawan Property is located in the east of Mindanao Island in Agusan del Sur province, approximately 190 km north-northeast of Davao and adjacent to the Davao – Surigao highway.

The Bunawan Project (Figure 3) is centered on a diatreme intrusive complex (Mahunoc diatreme) approximately five km NE of Medusa Mining's Co-O mine in eastern Mindanao. Historical production at the Co-O Mine has demonstrated a significant high grade gold system and there is active artisinal mining throughout the region which further reinforces the gold potential of the area. A number of the artisanal mining operations occur within and adjacent to the Mahunoc diatreme and the area is highly prospective for the discovery of economic epithermal Au-Ag mineralisation of intermediate sulphidation / carbonate-base metal type.

The ground magnetics and mapping suggest that the southern margin of the diatreme is a relatively flat-lying apron shallowly overlying andesite wall rock and that Au mineralisation in the diatreme within the "mineralised corridor" is derived from veins in the structural zone in the underlying andesite.

Figure 3. Location Plan with Regional Geology Showing

DRILL HOLE INFORMATION

Six holes were drilled for 1,798.6 meters as documented in the table below and shown in Figure 1.

Hole	Easting	Northing	Elevation	Azimuth	Dip	Depth
B	1	91	33	3	-	2
DH-10	77946	6629	5	40	45	21.1
B	1	91	31	3	-	2
DH-11	77850	6560	9	40	45	36.1
B	1	91	39	3	-	1
DH-12	78412	6884	4	40	60	51.4
B	1	91	41	3	-	3
DH-13	78370	6640	5	40	60	90.0
B	1	91	41	3	-	4
DH-14	78199	6600	8	40	55	00.0
B	1	91	34	3	-	4
DH-15	77980	6512	7	40	60	00.0

Table 2. Drill Hole co-ordinates (WGS84, 52 N) and orientation

QUALIFIED PERSON AND COMPETENT PERSON STATEMENT

The information in this report relating to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information provided to Robert Ayres BSc (Hons), a Competent Person who is Member of the Australian Institute of Geoscientists. Mr Ayres 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 "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" and to qualify as a "Qualified Person" under National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Ayres consents to the inclusion in the report of the matters based on his information in the form and the context in which it appears. Mr. Ayres has verified the data disclosed in this release, including sampling, analytical and test data underlying the information contained in the release. Mr. Ayres consents to the inclusion in the report of the matters based on the information he has been provided and the context in which it appears.

ABOUT RTG MINING INC

RTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange and Australian Securities Exchange Limited. RTG is focused on developing the high grade copper/gold/magnetite Mabilo Project and advancing exploration on the highly prospective Bunawan Project, both in the Philippines, while also identifying major new projects which will allow the company to move quickly and safely to production.

RTG has an experienced management team (previously responsible for the development of the Masbate Gold Mine in the Philippines through CGA Mining Limited), and has B2Gold as one of its major shareholders in the Company. B2Gold is a member of both the S&P/TSX Global Gold and Global Mining Indices.

ENQUIRIES

Australian Contact President & CEO – Justine Magee

Tel: +61 8 6489 2900

Fax: +61 8 6489 2920

Email: jmagee@rtgmining.com

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

This announcement includes certain "forward-looking statements" within the meaning of Canadian securities legislation. Accuracy of mineral resource and mineral reserve estimates and related assumptions and inherent operating risks, are forward-looking statements. Forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from RTG's expectations include uncertainties related to fluctuations in gold and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the development of RTG's mineral projects; the need to obtain additional financing to develop RTG's mineral projects; the possibility of delay in development programs or in construction projects and uncertainty of meeting anticipated program milestones for RTG's mineral projects and other risks and uncertainties disclosed under the heading "Risk Factors" in RTG's Annual Information Form for the year ended 31 December 2013 filed with the Canadian securities regulatory authorities on the SEDAR website at sedar.com.

Appendix 1: JORC Code 2012 Edition Table 1

Section 1 Sampling Techniques and Data

Criteria	Explanation	Commentary
Samplingtechniques	Nature and quality of sampling (e.g. cutchannels,randomchips,orspecificspecialised industry standard measurementtools appropriate to the minerals underinvestigation, such as down hole gammasondes, or handheld XRF instruments, etc).These examples should not be taken aslimiting the broad meaning of sampling.	The data reported is based on sampling of Diamond Drillcore of PQ and HQ diameter. The core was split with adiamond core saw and half core samples of 1 metrelength or less sent for analysis by an independent ISOcertified laboratory (Intertek Testing Services Philippines,Inc.) in Manila.
	Include reference to measures taken toensuresamplerepresentivityandtheappropriate calibration of any measurementtools or systems used.	The drilling was reconnaissance in nature and no fieldduplicates or certified reference standards (CRM) weresubmitted. The laboratory which analysed the samplesconducted extensive check sampling as part of their owninternal QA processes which was reported in the assaysheets.
		For the 197 samples submitted Intertek conducted 15Second Sample analyses (from second splits of thecoarse crushed sample prior to pulverising) and 32Repeat Sample analyses (a separate split and digest /Fire assay from the pulverised material) in addition to 1assays of their own blank material and 36 assays of CRMstandards. The results indicate acceptable accuracy andrepeatability.
	Aspectsofthedeterminationofmineralisation that are Material to the PublicReport. In cases where 'industry standard'work has been done this would be relativelysimple (e.g. 'reverse circulation drilling wasused to obtain 1 m samples from which 3kg was pulverised to produce a 30 g chargeforfireassay').Inothercasesmoreexplanation may be required, such aswhere there is coarse gold that has inherentsampling problems. Unusual commoditiesor mineralisation types (e.g. submarinenodules) may warrant disclosure of detailedinformation.	Diamond drill core of PQ and NQ diameter were cut in halfand half core samples submitted to the Laboratory.Sample intervals were one metre or less. Samples werecrushed and pulverized (95%<75 um). Gold was analysedby 50 g Fire assay/AAS and Ag, Cu, Pb, Zn and As byAAS. Residual half core has been retained for referenceand future metallurgical test work. Coarse rejects andpulps will be retrieved from the laboratory and stored forfuture reference and umpire assays.
Drillingtechniques	Drill type (e.g. core, reverse circulation,open-hole hammer, rotary air blast, auger,Bangka, sonic, etc.) and details (e.g. corediameter, triple or standard tube, depth ofdiamond tails, face-sampling bit or othertype, whether core is oriented and if so, bywhat method, etc.).	Drilling was by PQ HQ and NQ diameter, triple tubediamond core. The hole collars were surveyed (GPS) butdown hole orientation surveys were not conducted andthe core was not orientated.
Drill samplerecovery	Method of recording and assessing coreand chip sample recoveries and resultsassessed.	Core recovery was initially measured on site by trainedtechnicians and again in the core shed by the core shedgeologist. Any core loss is measured, the percentagecalculated and both are recorded in the Geotech log. Ininstances where core breaks off before the bottom of thehole leading to "apparent poor recovery" followed by acore run of > 100 % recovery the adjustment is made inthe records. The core recoveries in the six holes drilledwere excellent with all holes individually averaging greaterthan 95% and the combined average of all six holes being

Criteria	Explanation	Commentary
	Measurestakentomaximisesamplerecovery and ensure representative natureof the samples.	greater than 96% recovery.Drillers are informed of the importance of core recoveryand all care is taken to ensure maximum recovery ofdiamond core.
	Whetherarelationshipexistsbetweensample recovery and grade and whethersample bias may have occurred due topreferentialloss/gainoffine/coarsematerial.	There is no discernible relationship between core recoveryand grade and recoveries were uniformly very high
Logging	Whether core and chip samples have beengeologically and geotechnically logged to alevel of detail to support appropriate MineralResource estimation, mining studies andmetallurgical studies.	The diamond drill core is photographed and logged in anumber of logging sheets including a geological log, astructural log and a geotechnical log, which is appropriatefor mineral resource estimates and mining studies, neitherof which have been undertaken at this stage.
	Whetherloggingisqualitativeorquantitative in nature. Core (or costean,channel, etc.) photography.	Most of the geological logging is a mixture of qualitative(descriptions of the various geological minerals andfeatures) and quantitative (numbers and angles of veinsetc). Photos are taken of all core (both wet and dry) whichcan be considered quantitative.
	The total length and percentage of therelevant intersections logged.	All core is initially logged in the various logging sheetsnoted above and intervals are marked out for sawing andsampling. Not all core has been sampled to date.
Subsamplingtechniquesand samplepreparation	If core, whether cut or sawn and whetherquarter, half or all core taken.	Sample lengths are one metre (or less to coincide withlithological breaks). All core from mineralised zones andthe immediate surrounding rocks was initially sawn in halfto provide a better surface for geological logging. Halfcore is collected for analysis and the other half retainedfor reference and or metallurgical test work.
	If non-core, whether riffled, tube sampled,rotary split, etc. and whether sampled wetor dry.	All sampling reported is of diamond drill core.
	For all sample types, the nature, quality andappropriateness of the sample preparationtechnique.	All half core samples were bagged, labelled and sent toan ISO certified independent laboratory where samplesare dried, crushed and pulverised to 95% of the samplepassing a 75μm sieve.
	Quality control procedures adopted for allsub-samplingstagestomaximiserepresentivity of samples.	The drilling was reconnaissance in nature and no fieldduplicates or certified reference standards (CRM) weresubmitted. The laboratory which analysed the samplesconducted extensive check sampling as part of their owninternal QA processes which was reported in the assaysheets.
		For the 197 samples submitted Intertek conducted 15Second Sample analyses (from second splits of thecoarse crushed sample prior to pulverising) and 32Repeat Sample analyses (a separate split and digest /Fire assay from the pulverised material) in addition to 1assays of their own blank material and 36 assays of CRMstandards. The results indicate acceptable accuracy andrepeatability.
	Measures taken to ensure that the samplingis representative of the in situ materialcollected, including for instance results forfield duplicate/second-half sampling.	High drill core recoveries were achieved and no evidenceof down hole contamination during drilling noted. The halfcore samples can be considered representative of theinsitu material.

Criteria	Explanation	Commentary
	Whether sample sizes are appropriate tothegrainsizeofthematerialbeingsampled.	The sample size (mostly 1 metre of half core) used issuitable in respect to the grain size of the mineralisation.
Quality ofassay data& lab tests	The nature, quality and appropriateness ofthe assaying and laboratory proceduresusedandwhetherthetechniqueisconsidered partial or total.	The assay techniques used for the assay results reportedherein are international standard and can be consideredtotal. Gold was analysed by 50 g fire assay and the otherelements by AAS.
	Forgeophysicaltools,spectrometers,handheldXRFinstruments,etc.,theparametersusedindeterminingtheanalysis including instrument make andmodel, reading times, calibrations factorsapplied and their derivation, etc.	No geophysical tools, spectrometers, hand held XRFinstruments etc were used for any analysis or observationreported herein.
	Natureofqualitycontrolproceduresadopted (e.g. standards, blanks, duplicates,external laboratory checks) and whetheracceptable levels of accuracy (i.e. lack ofbias) and precision have been established.	The drilling was reconnaissance in nature and no fieldduplicates or certified reference standards (CRM) weresubmitted. The laboratory which analysed the samplesconducted their own extensive check sampling as part oftheir own internal QA processes which is reported in theassay sheets. For the 197 samples submitted Intertekconducted 15 Second Sample analyses (from secondsplits of the coarse crushed sample prior to pulverising)and 32 Repeat Sample analyses (a separate split anddigest / Fire assay from the pulverised material) inaddition to 1 assays of their own blank material and 36assays of CRM standards.
		The results indicate acceptable accuracy and repeatabilityand are considered acceptable for the initial phase ofreconnaissance drilling.
Verificationof samplingandassaying	The verification of significant intersectionsbyeitherindependentoralternativecompany personnel.	Thegeochemicalresultsreportedhereinandthecalculatedaveragesfordifferentintervalswereindependently checked and calculated by two companypersonnel.
	The use of twinned holes.	The drilling program comprised six drill holes, none ofwhich have been twinned.
	Documentation of primary data, data entryprocedures, data verification, data storage(physical and electronic) protocols.	The diamond drill core is logged in significant detail in anumberofseparateexceltemplateloggingsheetsincluding:
		1) a geological log of all core, recording mineralogy,lithology, alteration, degree of oxidation andmineralization;
		2) a structural log of all core, recording alpha and betaangles, structure types, vein types and infill;3) a geotechnical log of all core recording RQD, defects,
		fabrics;4) a geochemical log of assay results.
		The drilling results reported are from the first phase ofreconnaissance drilling and the data has not beenincorporated into a dedicated Project computer databaseat this stage. All logging and assay data has beenvalidatedandarchivedandisavailableforfuturereference. Hard copies of all logging sheets are kept atboth the Project office in Bunawan town and the Davaoand Perth offices.

Criteria	Explanation	Commentary
		Remnant half core and the coarse rejects and samplepulps returned from the laboratory are kept in lockedstorage at the Company's core yard at Bunawan.
	Discuss any adjustment to assay data.	The results reported herein include averages calculatedfrom separate contiguous one metre intervals. No top orbottom cut of any assays has been applied.
Location ofdata points	Accuracy and quality of surveys used tolocate drill holes (collar and down-holesurveys),trenches,mineworkingsandother locations used in Mineral Resourceestimation.	Drill hole collars were sited with a hand held GPS with anaccuracy of +/- 5 metres.No down hole orientationsurvey was conducted.
	Specification of the grid system used.	Co-ordinates are on a UTM Grid; WGS84 (52N).
	Qualityandadequacyoftopographiccontrol.	TheBunawanareaismoderatelyhilly.Thecollarelevation for the drill holes reported herein is based on areading from a hand held GPS and is consistent withgovernment topographic maps.
Dataspacing anddistribution	Data spacing for reporting of ExplorationResults.	The drill hole assay results reported herein are fromreconnaissance holes drilled on separate discrete targetsrather than a regular grid.
	Whether the data spacing and distribution issufficienttoestablishthedegreeofgeological and grade continuity appropriatefor the Mineral Resource and Ore Reserveestimation procedure(s) and classificationsapplied.	The Bunawan Project is at an early stage and drill holesare at variable spacing aimed at testing discrete zones ofmineralisation. No estimates of grade continuity, resourceor reserves are made.
	Whether sample compositing has beenapplied.	No compositing of intervals in the field has beenundertaken.
Orientationof data inrelation togeologicalstructure	Whethertheorientationofsamplingachieves unbiased sampling of possiblestructures and the extent to which this isknown, considering the deposit type	The drill holes reported are the second phase holes drilledat the Bunawan project, and while mapped surfacestructures are generally ENE trending and most drill holesoriented perpendicular to this trend it cannot be assumedat this early stage of exploration that the intervals reportedare true widths of mineralisation
	If the relationship between the drillingorientationandtheorientationofkeymineralised structures is considered tohave introduced a sampling bias, thisshouldbeassessedandreportedifmaterial.	As noted above, most of the drilling was conductedperpendicular to the main structural trend indicated insurface geology but it cannot be assumed at this earlystage of exploration that the intervals reported are truewidths of mineralisation.
Samplesecurity	The measures taken to ensure samplesecurity.	Chainofcustodywasmanagedbythecompanyemployees. Core was placed in core trays by the drillingcrew and kept at site under constant watch by Companyemployees prior to being transported from the drill site byCompany employees in a Company vehicle to the coreshed where core was logged and sawn core samplesprepared for dispatch.
		Samples were packed in boxes and sent directly from thecore shed to the laboratory sample preparation facility inGeneral Santos town using a local transport company.Remaining core is kept in the Company core yard which isin a secure compound at Bunawan which is guarded atnight.

Criteria	Explanation	Commentary
Audits orreviews	The results of any audits or reviews ofsampling techniques and data.	The sampling techniques and QA/QC data were reviewed byCompany management and an independent consultant. Thewriter of this report is an independent consultant who hasreviewed all sample handling techniques and considers themto be of industry standard and appropriate for this stage ofexploration.

Section 2 Reporting of Exploration Results:

Criteria	Explanation	Commentary
Mineraltenementand landtenurestatus	Type, reference name/number, locationand ownership including agreements ormaterial issues with third parties suchasjointventures,partnerships,overridingroyalties,nativetitleinterests, historical sites, wilderness ornationalparkandenvironmentalsettings.	The Bunawan Project is covered by Exploration Permit EP033-XIII, Exploration Permit Application EXPA 37-XIII andMineral Production Sharing Application APSA 03-XIII. Drillingactivity the subject of this announcement is within EP 033-XIIIwhich was granted on 18 August 2014 for a period of twoyears, and renewed on 27 October 2016, with the option torenew for an additional 4 years.The National Commission on Indigenous Peoples (NCIP)issued a Compliance Certificate to Bunawan in compliancewith the FPIC Process and that the Indigenous Communityhas given its consent to the Project.
	The security of the tenure held at thetime of reporting along with any knownimpediments to obtaining a licence tooperate in the area.	The tenure over the area currently being explored is a grantedExploration Permit which is considered secure.
Explorationdone byotherparties	Acknowledgmentandappraisalofexploration by other parties.	The only known previous exploration over the Bunawanproject area was conducted by Sierra Mining Limited prior toits merger with/ take over by RTG. This exploration includedrock chip, stream sediment and soil sampling as well as aground magnetic survey and geological mapping all of whichwas reported to the ASX by Sierra Mining.
Geology	Deposit type, geological setting andstyle of mineralisation.	Mineralisation at Bunawan can be defined as" intermediatesulphidation" or "carbonate-base metal" type epithermal AuAg mineralisation associated with a diatreme breccia complex.Mineralisation types in the area include high grade Au inquartz-carbonate veins hosted by wall rock andesite anddacite as well as lower grade disseminated Au in "silica-matrixbreccias" developed in the diatreme.
Drill holeInformation	A summary of all information material tothe understanding of the explorationresults including a tabulation of thefollowing information for all Material drillholes:easting and northing of the drill holecollarelevation or RL (Reduced Level –elevation above sea level in metres)of the drill hole collardip and azimuth of the holedown hole length and interceptiondepth	The information contained in this report pertains to the initialresults of the second phase of reconnaissance drilling atBunawan. The easting, northing, elevation, dip, azimuth andhole depth of all holes is reported in a table within the report.The depths of intersections are documented in the text. Thelocation of the drill holes with respect to the diatreme complex(as indicated by ground magnetics) and artisanal workings areshown on a map in the report.

Criteria	Explanation	Commentary
	hole length.
	If the exclusion of this information isjustifiedonthebasisthattheinformation is not Material and thisexclusion does not detract from theunderstandingofthereport,theCompetentPersonshouldclearlyexplain why this is the case.	Location and orientation of all drill holes is reported.
Dataaggregationmethods	InreportingExplorationResults,weightingaveragingtechniques,maximumand/orminimumgradetruncations (e.g. cutting of high grades)and cut-off grades are usually Materialand should be stated.Where aggregate intercepts incorporateshort lengths of high grade results andlonger lengths of low grade results, theprocedure used for such aggregationshould be stated and some typicalexamples of such aggregations shouldbe shown in detail.	The results reported herein include weighted averagescalculated from separate contiguous one metre intervals withno more than two meters internal dilution. Cut-off grade of0.5g/t gold was applied.Where shorter lengths of high grade core occurs within widerzones of low grade the higher grades are noted as "includingintervals" in the table within the report.
	The assumptions used for any reportingof metal equivalent values should beclearly stated.	No metal equivalent grades are reported herein.
Relationship betweenmineralisation widths	Theserelationshipsareparticularlyimportant in the reporting of ExplorationResults.	Due to the preliminary nature of the exploration it cannot beassumed that the intervals reported are true widths ofmineralisation.
andinterceptlengths	If the geometry of the mineralisationwith respect to the drill hole angle isknown, its nature should be reported.If it is not known and only the down holelengths are reported, there should be aclear statement to this effect (e.g. 'downhole length, true width not known').	The drill holes reported are the second phase holes drilled atthe Bunawan project, and while mapped surface structuresare generally ENE trending and most drill holes were orientedperpendicular to this trend it cannot be assumed at this earlystage of exploration that the intervals reported are true widthsof mineralisation.
Diagrams	Appropriate maps and sections (withscales) and tabulations of interceptsshould be included for any significantdiscovery being reported These shouldinclude, but not be limited to a plan viewofdrillholecollarlocationsandappropriate sectional views.	A map (plan view) showing position of the drill holes isincluded in the report.
Balancedreporting	Where comprehensive reporting of allExploration Results is not practicable,representative reporting of both low andhigh grades and/or widths should bepracticed to avoid misleading reportingof Exploration Results.	The report documents the assay results from the secondphase of drilling at Bunawan. Low grade sample results fromadjacent rocks outside mineralised zones are not reported.
Othersubstantiveexplorationdata	Other exploration data, if meaningfulandmaterial,shouldbereportedincluding (but not limited to): geologicalobservations;geophysicalsurveyresults;geochemicalsurveyresults;bulk samples – size and method oftreatment;metallurgicaltestresults;	All meaningful exploration data concerning the BunawanProject has been reported either in previous reports to theASX (by Sierra Mining Limited and RTG Mining) or is in thecurrent report to which this appendix is attached.

Criteria	Explanation	Commentary
	bulk density, groundwater, geotechnicalandrockcharacteristics;potentialdeleteriousorcontaminatingsubstances.
FurtherThe nature and scale of planned furtherworkwork (eg tests for lateral extensions ordepth extensions or large-scale stepout drilling).		The attached report summarises the results of the secondphase scout drilling program at Bunawan. The results areconsidered very encouraging and further drilling is warrantedbut has not been planned in detail at this stage.
	Diagrams clearly highlighting the areasof possible extensions, including themaingeologicalinterpretationsandfuturedrillingareas,providedthisinformationisnotcommerciallysensitive.