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1 8 th February 2018 ASX RELEASE NEW HIGH-GRADE RESULTS FROM DRILLING EXTENDS THE ZONE OF HIGH GRADE COPPER MINERALISATION AT THE TRUMP ~100 METRES TO N.E. NEW DRILLING DELIVERS % Cu FOLLOWING THE RECENT EXCITING HIGH-GRADE COPPER RESULTS AT THE TRUMP (Refer ASX 2 nd February 2018) ADDITIONAL RC DRILLING RESULTS CONFIRM A ~ 100M HIGH GRADE COPPER EXTENSION TO THE TRUMP ADDITIONAL SIGNIFICANT COPPER ORE INTERSECTIONS AT THE TRUMP ML2549 PROSPECT INCLUDE: Drill Hole ID: THE TRUMP MINING LEASE o TR17RC15 o TR17RC % Cu from 25-70m down hole depth including 3.00% Cu from 62-70m 1.06 % Cu from 4-16m down hole depth including 7.00 % Cu from 15-16m Void 16-18m no sample 1.73 % Cu 18-24m down hole (finished in high grade copper) Adding ~ 100m strike length to the recently released (Refer ASX 2 nd February 2018) significant intersections below: o TR17RC07 o TR17RC 13 o TR17RC % Cu from 0-60m down hole depth including 2.33% Cu from 0-3m 2.10% Cu from 28m-35m Cu from 41m-43m 2.51% from 50m-55m Hole finished in high grade copper mineralisation, still open at depth 1.01% Cu from 1m-31m down hole depth including 2.14% Cu from 23m-31m 1.01% Cu from 0-54m down hole depth including 2.03% Cu from 0-14m 2.44% Cu from 22m 24m # Exploration drill holes not drilled in numerical order 1

2 Surface outcrop with Copper Oxide mineralisation (4-16m) Combined 70m down dip of high grade copper 70m X Section 02 The Trump ML2549. Note hole TR17RC14 intersected a 2 m void at 16-18m down hole, yet returned a combined down hole intersection of 18m of high grade copper, terminating in high grade mineralisation. X Section 2 was drilled 100m along strike from X Section 1 below. Holes not drilled in numerical order. 2

3 For personal use only Surface outcrop with Copper Oxide mineralisation (Refer ASX announcement 2nd February 2018) X-section 01 above displaying the initial interpretation of The Trump mineralisation following the maiden scout drilling program. Note that the RC hole 17RC07 is still open at depth finishing in copper mineralisation. Due to the terrain and outcrop, holes could not be evenly drilled across the potential mineralisation. Holes were not drilled in numerical order. 3

4 Image 1: 3D Model view at The Trump based on drill hole results from X Section 1 & 2. Note Currently open along strike and down dip. 4

5 Image 2: 3D Model view at The Trump based on drill hole results from X Section 1 & 2. Note currently open along strike and down dip. 5

6 For personal use only Out cropping Malachite (copper oxide) Out cropping Malachite (copper oxide) The Trump ML2549 RC drilling location plan above highlighting the interpreted gossan and brecciated target zone. Note that the maiden drilling was only located where the terrain and vegetation permitted. Ten out of sixteen holes have been finalised and released with the remaining six due for interpretation and completion within ~ ten days. X section 2 results add an additional ~100m strike length to the previous 1.30 % Cu intersection. 6

7 Ausmex Mining Group (ASX: AMG) ( Ausmex or The Company ) is again pleased to announce the continued run of recent RC drilling success with further high-grade copper results intersected by a recent maiden scout exploration drilling at The Trump mining lease, ML The additional drilling results add ~ 100m of strike length to the previously reported 1.30 % copper. Currently the mineralisation is open along strike and down dip. A sixteen-hole scout RC drilling program was completed late December 2017, seizing the opportunity Ausmex had with RC drill rigs returning from completing the nearby The Answer RC drilling program. As the initial geology interpretation was unknown, RC drill holes were located where terrain and vegetation permitted. To date ten of the total sixteen RC holes have been validated and interpreted (refer X-section 01 & X- Section 02 above), with the remaining six RC holes due for validation and interpretation within the next 10 days (refer to the drill hole location plan above). From the initial drilling results and interpretation to date as displayed above in the 3D images 1 & 2, the project appears to have the potential to host a high-grade copper deposit of sizeable scale. The Trump Geology The Trump granted Mining Lease is a historical high-grade Copper mine located approx. 50kms south of Cloncurry via a designated sealed road, near the railway siding of Malbon. Historical Queensland Mines Department records indicate the average production grade of the mine was 38.5% Cu and we believe that the ore mined was handpicked to increase the grade to save on transport to the smelters. The Trump mineralisation outcrops at surface as an apparent north-east trending strongly ferruginous and box-worked gossan. Initial drilling suggests a potentially steep south-east dipping structure within undifferentiated mafic country rock. High-Grade Copper mineralisation appears directly associated with a quartz and iron rich fault system with significant fault gouge. Copper oxide mineralisation extends from the surface to variable base of weathering depths, with malachite observed at depths of up to 65m depth along faulting. A lower grade Copper halo appears to exist within the oxide zone dispersing into surrounding country rock. Stepping away from the main fault, the weathering profile decreases in depth, with chalcopyrite as the dominant Copper-sulphide mineral observed, where the structure has been tested below the base of weathering. Drilling to date is limited to ~ 300m strike extent and has been relatively shallow with the system remaining untested at depth (refer X-Section 01 & 02 above). 7

8 Managing Director Matt Morgan Stated: Drilling at The Trump has continued to deliver, with the second set of results clearly defining the project has the potential to deliver a sizeable copper deposit that is open along strike and down dip. 3D modelling of X-Sections 1 & 2 defines a potential ore envelope that is open along strike and down dip, highlighting additional drill targets. The additional highgrade results confirm Ausmex has now three standalone high-grade copper projects including The Trump, The Joker and The Answer. All three have outcropping malachite (copper oxide) from surface and are located within potentially economic trucking distances from current copper oxide and primary ore processing facilities within the Cloncurry region. The Company will return to the field within days to recommence exploration and drilling aimed at maximising shareholder value. Table 1. Significant intercept table HOLE ID SAMPLE Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC14_4_ TR17RC14_5_ TR17RC14_6_ TR17RC14_7_ TR17RC14_8_ TR17RC14 TR17RC14 TR17RC14_9_ TR17RC14_10_ TR17RC14_11_ TR17RC14_12_ TR17RC14_13_ TR17RC14_14_ TR17RC14_15_ > TR17RC14_16_18 TR17RC14_18_ > TR17RC14_19_ > TR17RC14_20_ > TR17RC14_21_ > % Cu including 7.00% Cu 2m VOID 1.73% Cu 8

9 HOLE ID SAMPLE Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC14_22_ TR17RC14_23_ TR17RC15 TR17RC15_25_ TR17RC15_26_ TR17RC15_27_ TR17RC15_28_ TR17RC15_29_30 < TR17RC15_30_31 < TR17RC15_31_32 < TR17RC15_32_ TR17RC15_33_ TR17RC15_34_ TR17RC15_35_ TR17RC15_36_ > TR17RC15_37_ TR17RC15_38_ > TR17RC15_39_ TR17RC15_40_41 < TR17RC15_41_42 < TR17RC15_42_ TR17RC15_43_ TR17RC15_44_ TR17RC15_45_ > TR17RC15_46_ TR17RC15_47_ TR17RC15_48_ TR17RC15_49_ TR17RC15_50_ > % Cu 9

10 HOLE ID SAMPLE Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC15_51_ > TR17RC15_52_ TR17RC15_53_ > TR17RC15_54_ TR17RC15_55_ TR17RC15_56_ > TR17RC15_57_ TR17RC15_58_ TR17RC15_59_ TR17RC15_60_ TR17RC15_61_ TR17RC15_62_ TR17RC15_63_ > TR17RC15_64_ > TR17RC15_65_ > TR17RC15_66_ % Cu TR17RC15_67_ > TR17RC15_68_ > TR17RC15_69_

11 Ausmex current tenement location plan 11

12 Table 2: The Trump ML2549 Prospect Drill Hole Collars Hole_ID EASTING NORTHING (GDA) (GDA) RL Dip Azi_Mag Tot_Depth TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC TR17RC APPENDIX 1: The Trump ML2549 Maiden Drill hole full assay tables SAMPLEID Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC10_0_ TR17RC10_1_ TR17RC10_2_ TR17RC10_3_ TR17RC10_4_ TR17RC10_5_ TR17RC10_6_ TR17RC10_7_ TR17RC10_8_ TR17RC10_9_ TR17RC10_10_ TR17RC10_11_ TR17RC10_12_ TR17RC10_13_ TR17RC10_14_ TR17RC10_15_ TR17RC10_16_ TR17RC10_17_ TR17RC10_18_ TR17RC10_19_20 < TR17RC10_20_21 <

13 SAMPLEID Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC10_21_22 < TR17RC10_22_ TR17RC10_23_24 < TR17RC10_24_ TR17RC10_25_ TR17RC10_26_ TR17RC10_27_ TR17RC10_28_ TR17RC10_29_30 < TR17RC10_30_ TR17RC10_31_32 < TR17RC10_32_33 < TR17RC10_33_34 < TR17RC10_34_35 < TR17RC10_35_36 < TR17RC10_36_ TR17RC10_37_38 < TR17RC10_38_ TR17RC10_39_ TR17RC10_40_ TR17RC10_41_ TR17RC10_42_ TR17RC10_43_ TR17RC10_44_45 < TR17RC10_45_46 < TR17RC10_46_ TR17RC10_47_48 < TR17RC11_0_ TR17RC11_1_2 < TR17RC11_2_ TR17RC11_3_4 < TR17RC11_4_ TR17RC11_8_12 < TR17RC11_12_16 < TR17RC11_16_20 < TR17RC11_20_ TR17RC11_24_28 < TR17RC11_28_32 < TR17RC11_32_ TR17RC11_33_34 < TR17RC11_34_35 < TR17RC11_35_

14 SAMPLEID Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC11_36_37 < TR17RC11_37_38 < TR17RC11_38_39 < TR17RC11_39_ TR17RC11_40_ TR17RC11_41_ TR17RC11_42_ TR17RC11_43_ TR17RC11_44_ TR17RC11_45_ TR17RC11_46_ TR17RC11_47_ TR17RC11_48_ TR17RC11_49_ TR17RC11_50_ TR17RC11_51_ TR17RC11_52_ TR17RC11_53_ TR17RC11_54_ TR17RC11_55_ TR17RC11_56_ TR17RC11_57_58 < TR17RC11_58_59 < TR17RC11_59_ TR17RC11_60_61 < TR17RC11_61_62 < TR17RC11_62_63 < TR17RC11_63_64 < TR17RC11_64_65 < TR17RC11_65_ TR17RC12_0_ TR17RC12_4_ TR17RC12_8_12 < TR17RC12_12_16 < TR17RC12_16_20 < TR17RC12_20_21 < TR17RC12_21_ TR17RC12_22_23 < TR17RC12_23_24 < TR17RC12_24_25 < TR17RC12_25_ TR17RC12_26_27 <

15 SAMPLEID Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC12_27_28 < TR17RC12_28_32 < TR17RC12_32_33 < TR17RC12_33_34 < TR17RC12_34_35 < TR17RC12_35_36 < TR17RC12_36_37 < TR17RC12_37_ TR17RC12_38_ TR17RC12_39_40 < TR17RC12_40_44 < TR17RC12_44_48 < TR17RC12_48_49 < TR17RC12_49_50 < TR17RC12_50_51 < TR17RC12_51_52 < TR17RC12_52_53 < TR17RC12_53_54 < TR17RC12_54_55 < TR17RC12_55_ TR17RC12_56_ > TR17RC12_57_ > % Cu TR17RC12_58_ TR17RC12_59_ TR17RC12_60_61 < TR17RC12_61_62 < TR17RC12_62_ TR17RC12_63_ TR17RC12_64_ TR17RC12_65_ TR17RC12_66_ TR17RC12_67_ TR17RC12_68_ TR17RC12_69_ TR17RC12_70_ TR17RC12_71_ TR17RC12_72_ TR17RC12_73_ TR17RC12_74_ TR17RC12_75_76 < TR17RC12_76_ TR17RC12_80_84 <

16 SAMPLEID Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC14_0_ TR17RC14_1_ TR17RC14_2_ TR17RC14_3_4 < TR17RC14_4_ TR17RC14_5_ TR17RC14_6_ TR17RC14_7_ TR17RC14_8_ TR17RC14_9_ TR17RC14_10_ TR17RC14_11_ TR17RC14_12_ TR17RC14_13_ TR17RC14_14_ TR17RC14_15_ > TR17RC14_16_17 VOID VOID VOID VOID TR17RC14_17_18 VOID VOID VOID VOID TR17RC14_18_ > TR17RC14_19_ > TR17RC14_20_ > TR17RC14_21_ > TR17RC14_22_ TR17RC14_23_ % Cu including 7% Cu 1.73% Cu TR17RC15_0_ TR17RC15_1_ TR17RC15_2_ TR17RC15_3_ TR17RC15_4_ TR17RC15_5_ TR17RC15_6_ TR17RC15_7_ TR17RC15_8_ TR17RC15_9_ TR17RC15_10_11 < TR17RC15_11_12 < TR17RC15_12_13 < TR17RC15_13_14 < TR17RC15_14_15 < TR17RC15_15_ TR17RC15_16_ TR17RC15_17_

17 SAMPLEID Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC15_18_ TR17RC15_19_20 < TR17RC15_20_21 < TR17RC15_21_22 < TR17RC15_22_23 < TR17RC15_23_ TR17RC15_24_ TR17RC15_25_ TR17RC15_26_ TR17RC15_27_ TR17RC15_28_ TR17RC15_29_30 < TR17RC15_30_31 < TR17RC15_31_32 < TR17RC15_32_ TR17RC15_33_ TR17RC15_34_ TR17RC15_35_ TR17RC15_36_ > TR17RC15_37_ TR17RC15_38_ > TR17RC15_39_ TR17RC15_40_41 < TR17RC15_41_42 < TR17RC15_42_ TR17RC15_43_ TR17RC15_44_ TR17RC15_45_ > TR17RC15_46_ TR17RC15_47_ TR17RC15_48_ TR17RC15_49_ TR17RC15_50_ > TR17RC15_51_ > TR17RC15_52_ TR17RC15_53_ > TR17RC15_54_ TR17RC15_55_ TR17RC15_56_ > TR17RC15_57_ TR17RC15_58_ TR17RC15_59_ TR17RC15_60_ % Cu 17

18 SAMPLEID Au_ppm Co_ppm Cu_ppm Cu_% Significant Intercepts TR17RC15_61_ TR17RC15_62_ TR17RC15_63_ > TR17RC15_64_ > TR17RC15_65_ > TR17RC15_66_ TR17RC15_67_ > TR17RC15_68_ > TR17RC15_69_ TR17RC15_70_71 < TR17RC15_71_72 < TR17RC15_72_ TR17RC15_73_ TR17RC15_74_75 < TR17RC15_75_76 < TR17RC15_76_ TR17RC15_77_ Ends. For further information, please contact: Matt Morgan Managing Director Ausmex Mining Group Ltd Competent Person Statement Statements contained in this report relating to exploration results and potential are based on information compiled by Mr. Matthew Morgan, who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr. Morgan is the Managing Director of Ausmex Mining Group Limited and Geologist whom has sufficient relevant experience in relation to the mineralization styles being reported on to qualify as a Competent Person as defined in the Australian Code for Reporting of Identified Mineral resources and Ore reserves (JORC Code 2012). Mr. Morgan consents to the use of this information in this report in the form and context in which it appears. 18

19 Forward Looking Statements The materials may include forward looking statements. Forward looking statements inherently involve subjective judgement, and analysis and are subject to significant uncertainties, risks, and contingencies, many of which are outside the control of, and may be unknown to, the company. Actual results and developments may vary materially from that expressed in these materials. The types of uncertainties which are relevant to the company may include, but are not limited to, commodity prices, political uncertainty, changes to the regulatory framework which applies to the business of the company and general economic conditions. Given these uncertainties, readers are cautioned not to place undue reliance on forward looking statements. Any forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or relevant stock exchange listing rules, the company does not undertake any obligation to publicly update or revise any of the forward looking statements, changes in events, conditions or circumstances on which any statement is based. JORC Code, 2012 Edition Table 1 report 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 (eg 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 RC Drilling chip samples recovered via cyclone and splitter Samples were ~2-3kg in weight reverse circulation drilling was used to obtain 1 m samples for targeted ore zones, and 4 m cumulative samples between ore zones from which ~3 kg was pulverised to produce a 30 g charge for ICP analysis for Copper and Cobalt plus Fire Assay for Gold. Samples analysis completed at ALS laboratory QLD 19

20 Criteria JORC Code explanation Commentary Drilling techniques Drill sample recovery Logging Sub-sampling techniques and sample preparation mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, facesampling bit or other type, whether core is oriented and if so, by what method, etc). 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. 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. 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 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. Reverse Circulation drilling with cyclone and splitter. Samples recovered via cyclone and spitter, sample weights indicate representative for 1m RC chips were geologically logged every 1 m No sub sampling taken from 1 metre RC chips. Field duplicates and standards were entered for analysis with the results indicating that representative sampling and subsequent analysis were completed. 20

21 Criteria JORC Code explanation Commentary Quality of assay data and laboratory tests Verification of sampling and assaying Whether sample sizes are appropriate to the grain size of the material being sampled. 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 (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. 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. Industry standard ICP analysis was completed for Copper and Cobalt plus Fire Assay for Gold samples and subsequent assays Repeat and checks were conducted by ALS laboratories whilst completing the analysis. Standard and duplicates entered by Ausmex The level of accuracy of analysis is considered adequate with no bias samples reported. Significant intersections inspected and verified by JORC competent personnel No assays were adjusted There were no twinned holes drilled All drill hole logging was completed on site by Geologists, with data entered into field laptop and verified as entered into a geological database Significant intersections for copper was reported as a combined down hole interval average received assay grade, and are not down hole weighted averages. As all significant intersections reported for Copper were average down hole assays, with no internal waste has been calculated or assumed. 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. The drill collars have been surveyed by a permanent base station (accuracy +/- 150mm) and recorded in MGA94, Zone 54 datum 21

22 Criteria JORC Code explanation Commentary Data spacing and distribution Orientation of data in relation to geological structure Sample security Audits or reviews Quality and adequacy of topographic control. Data spacing for reporting of Exploration Results. 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. 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. The measures taken to ensure sample security. The results of any audits or reviews of sampling techniques and data. Data spacing and distribution is NOT sufficient for Mineral Resource estimation No sample compositing has been applied. The orientation of samples is not likely to bias the assay results. Samples were taken to Cloncurry by company personnel and despatched by courier to the ALS Laboratory in Townsville No audits or reviews have been undertaken at this stage. Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) 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. ML2718, ML2709, ML2713, ML2719, ML2741 & EPM14163 are owned 100% by Spinifex Mines Pty Ltd. Ausmex Mining Group Limited owns 80% of Spinifex Mines Pty Ltd. Queensland Mining Corporation Limited own 20% of Spinifex Mines. Exploration is completed under an incorporated Joint Venture. EPM14475, EPM15858, & EPM18286 are held by QMC 22

23 Criteria JORC Code explanation Commentary Exploration Pty Limited. Ausmex Mining Group Limited owns 80% of QMC Exploration Pty Limited. Queensland Mining Corporation Limited own 20% of Spinifex Mines. Exploration is completed under an incorporated Joint Venture. ML2549, ML2541, ML2517 are 100% owned by Ausmex. Exploration done by other parties Geology Drill hole Information Acknowledgment and appraisal of exploration by other parties. Deposit type, geological setting and style of mineralisation. 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. All exploration programs conducted by Ausmex Mining Group Limited. Reference to historical mining ML2718, ML2709, ML2713, ML2719 hosts the Gilded Rose sheer hosted quartz reef. There are several golds mineralised hydrothermal quartz reefs within the deposit. ML2741 hosts the shear hosted quartz rich Mt Freda Gold deposit containing Au, Cu, & Co. ML2549, ML2541, ML2517 host copper mineralisation associated with carbonate intrusions into altered mafic host rocks EPM14163 & EPM contain There are several gold mineralised hydrothermal quartz reefs within the deposit containing Au, Cu, & Co Details within tables within the release 23

24 Criteria JORC Code explanation Commentary Data aggregation methods 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. In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg 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. Significant average combined down hole assay intersections have been reported as part of this release for Cu & Au. These average intersections are not weighted averages. No weighted down hole averages were reported. Significant intersections for all minerals were reported are an average received assay grade for that down hole significant intersection. The average combined down hole significant intersection did not have an internal Cut-off grade for Copper, therefore there was no minimum individual sample cut off, yet only a combined down hole intersection average > 0.5 % Cu. Within these reported Cu intersections there were individual assays < 0.2% Cu. Significant intersections for copper and gold were based on the average grade for the same intersection, as it may be assumed they represent a combined potential mining unit in the future. As all significant intersections reported for Cooper were a combined total average down hole grade, no internal waste has been calculated or assumed. Relationship between mineralisation These relationships are particularly important in the reporting of Exploration Results. If the geometry of the mineralisation No material information is excluded. intersections have been displayed reported as part of 24

25 Criteria JORC Code explanation Commentary widths and intercept lengths Diagrams Balanced reporting Other substantive exploration data Further work 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 (eg down hole length, true width not known ). 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 views. 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. 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. The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale 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. this release. Interpreted X sections attached to the announcement displaying the geometry of mineralisation Maps showing the location of the EPMs and MLs are presented in the announcement Appropriate relevant and labelled X sections attached All comprehensive ICP and Fire Assay analytical results for Copper, cobalt and Gold were reported. Reference to Historical QLD Mines Dept. reports from Additional mapping, costeans, geophysical surveys, RC and Core drilling 25