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QUARTERLY REPORT TO 30 SEPTEMBER 2016 HIGHLIGHTS Greenhills Platinum and Cobalt Project, New Zealand. Regional sampling program planned for the upcoming field season.

1 QUARTERLY REPORT TO 30 SEPTEMBER 2016 HIGHLIGHTS Greenhills Platinum and Cobalt Project, New Zealand. Regional sampling program planned for the upcoming field season. Endeavour Gold and Antimony Project, New Zealand. File mapping and sampling program planned for the upcoming summer season. (ASX: SBU, Siburan) is pleased to present its report for the September 2016 Quarter. Greenhills Platinum and Cobalt Project, New Zealand (Siburan 10, EP 60113) Siburan s 10 owned EP is located on the coast approximately 10km northwest from Bluff and approximately 20km southwest from Invercargill. The area is known as Greenhills. The EP is mostly south of the settlement of Omaui. See Figure 1 for the location map where the project area is identified as Bluff in relation to other known platinum areas. The concept of the Greenhills project is to explore for the existence of an economical deposit of ural-alaskan platinum deposits and the presence of any cobalt mineralisation. Historical explorations to date have identified some indicative results which the company will follow up with the exploration. A C N Suite 9, 18 Stirling Highway, Nedlands, Western Australia, 6009 Registered Office: 79 Broadway, Nedlands, Western Australia, 6009 T: (61-8) F: (61-8) T: (61-8) F: (61-8)

Figure 1: Greenhill EP 60113 area at Bluff in relation to other known platinum sources The Company intends to seek placer gold, cobalt and platinum group metals.

2 Figure 1: Greenhill EP area at Bluff in relation to other known platinum sources The Company intends to seek placer gold, cobalt and platinum group metals. A detailed study was conducted over the reporting period to prepare the company for a regional sampling and mapping trip in the upcoming summer season. Endeavour Antimony and Gold Project, New Zealand (Siburan 10, PP 53311) Endeavour is located approximately 20km north of the township of Picton on the South Island of New Zealand (Figure 2). Access is by road (74km) and a disused mine track. The area covers approximately 174 km 2. Siburan s reacquisition of the Endeavour project was based on a new geological theory on the mined stopes which presents a potential opportunity for early mining to allow the company to accrue early cashflow. 2

3 Figure 2: Endeavour Project Location Ora Banda Gold Project, Western Australia (Siburan 51%, Earning in JV) The company continues to access the database and will plan to continue its drilling program in the near term. 3

4 For further information please refer to our website or contact: Noel Ong Director Siburan Resources T: E:noel.ong@siburan.com.au Competent Person s Statement The information in this Report that relates to Exploration results is based on information compiled by Noel Ong who is a member of the Australasian Institute of Mining and Metallurgy. Noel Ong is an employee of Siburan Resources with over 20 years experience as a geologist. Noel Ong has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity for which he is undertaking 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. Noel Ong consents to the inclusion in the report of the matters based on his information in the form and context in which it is used. 4

Farm-In 51% Granted 10 Papua New Guinea EL 2006 EL 2007 Granted 3 EL 2008 EL 2010 Granted 3 New Zealand Kirwan EP 54126 Granted 10

5 Schedule of Tenements as at 30 September 2016 Projects Licence Number Registered Holder / Applicant Status Siburan s Interest Western Australia Canegrass E24/0177 E29/0789 Ora Banda South P16/2545 P16/2546 P16/2567 to P16/2569 P24/5063 to P24/5071 JV Farm-In 51% Granted 10 Papua New Guinea EL 2006 EL 2007 Granted 3 EL 2008 EL 2010 Granted 3 New Zealand Kirwan EP Granted 10 EP Granted 10 Greenhills EP Granted 10 Farmer Creek EP Doctor Hill PPA Application 10 Endeavour PP Granted 10 5

MT PLEASANT AUGER GEOCHEM RESULTS OUTLINE A NEW GOLD ZONE TO THE NORTH-EAST OF FIDELATAS PROSPECT HIGHLIGHTS

MT PLEASANT AUGER GEOCHEM RESULTS OUTLINE A NEW GOLD ZONE TO THE NORTH-EAST OF FIDELATAS PROSPECT ASX RELEASE 21 MARCH 2011 HIGHLIGHTS Recently completed auger soil geochemistry program has defined a 130m