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97 Broadway NEDLANDS 6009 Western Australia PO Box 3258 Broadway Nedlands WA 6009 Phone: (08) 9386 3304 Facsimile: (08) 9386 3202 Internet: http://www.daa.com.au ABN 68 009 304 956 Certificate of Analysis 95% Confidence Interval Inter-Laboratory Recommended Value Lower Limit Upper Limit Standard Deviation Inter-Unit Standard Deviation 4.968 4.872 5.064 0.167 0.077 Table 1 Recommended Values and 95% Confidence Interval of Gold Concentration (in ppm, or µg/g). Based on the results of 14 laboratories. 1. Date of Certification February 2013 2. Certificate Status Original 3. Supplier of Reference Material Western Refractories Pty Ltd 12 Reggio Road Kewdale 6105 Western Australia 4. Prepared and Certified by Dr John Henstridge BSc, PhD, CStat, Astat Principal Consultant Statistician Data Analysis Australia 97 Broadway Nedlands, WA, 6009 Dr John Henstridge WREFRACT/14 Certificate of Analysis February 2013 Page 1 of 6

5. Available Packaging This reference material is packed in 2kg PE screw cap jars, labelled with the identification code, the expected value and standard deviation of the gold concentration, health warning and the manufacturer s contact details. They are also available in cartons of six jars, and each carton will include this certificate of analysis. 6. Origin of Reference Material This reference material is based on a feldspar from the Pippingarra region, Western Australia. The reference material has been well mixed. The entire batch was tested to ensure that the gold was evenly distributed throughout the material. 7. Intended Use Gold Assay standards provided with associated geochemistry data. 8. Instructions for Use Weigh out the usual quantity used in the analysis for total gold by the normal procedure. Homogeneity testing has shown that consistent results can be obtained for gold when using samples of 30 to 40 grams. 9. Method of Test Material Preparation Gold (99.99% fine gold at <10µm particle size) was added to the matrix material to give the required grade. Several dilution stages, mixing at each stage, were used in conjunction with splitting to give one tonne of final material. Following mixing, the reference material was discharged from a homogenous mixer through a vibrasonic sieve into large bags. A two-kilogram sample was taken after every 100 kilograms of the material was discharged. These two-kilogram samples were numbered in order of being discharged, then divided into subsamples of approximately 250 grams. These subsamples were placed into zip lock bags, and then labelled with a random identifier. To ensure laboratory confidentiality, the labelling was done by staff from Data Analysis Australia. The laboratories participating in this certification process were sent either three or four of the 250 gram subsamples. The laboratories were also sent a number of 250 gram subsamples from four other reference materials that were being analysed for certification. An indication of the expected gold concentration was given in broad terms, with a range of four parts per million. 10. Homogeneity Tests The homogeneity test was incorporated into the methodology by ensuring that each laboratory received at least three subsamples of the reference material, taken from WREFRACT/14 Certificate of Analysis February 2013 Page 2 of 6

samples spaced out across the ordering (see Analytical Methodology). There was no evidence that this reference material was non-homogenous across the two-kilogram samples. 11. Analytical Methodology This reference material was analysed for certification along with four other reference materials, which allows the use of more powerful statistical techniques in the certification. Performing the certification in this manner also provides the following advantages: Blinding of the laboratories, in that they did not know which reference material each sample corresponded to, so the laboratory did not have prior knowledge as to what result they should obtain. The inclusion of the expected range of the gold concentration was to assist the laboratories in their analysis, and did not provide enough information for the laboratories to know which reference material was in each sample. Improved ability to detect bias between laboratories, such as if one laboratory gives results that are consistently higher/lower than other laboratories for all standards; and Ability to detect bias in the results between laboratories for each standard separately. Eighteen laboratories were randomly allocated an identifying letter from A to R. The set of subsamples was designed in such a way that each laboratory received at least three subsamples of each reference material. These subsamples were taken from different ordered samples in such a way to eliminate the confounding of laboratory against the order of the sample. Table 2 shows the set of subsamples received by each laboratory, where AUOL-8 has been labelled as reference material D. The subsamples were labelled with random identifiers so the laboratories were unaware of the reference material and ordered two-kilogram sample that the subsample came from. This provided a means of determining whether a laboratory had an overall bias or a problem of precision. WREFRACT/14 Certificate of Analysis February 2013 Page 3 of 6

Ordered One Kilogram Sample Lab 1 2 3 4 5 6 7 8 9 10 A A, E A, B B, D E C D E B C, D A, C A, D B D A, E A, C, D B, E C, D E A B, C B C C C D B, C, E A, D, E B, C, D E A, B A B, E D B C A, E B, D E C, D A, B, C D A E A, D E A, E B D A, C, D B, C A, B C, E E D C F D, E A C, E B, C A, B, E A B, D D C B, E G C, D E B, D A, B A, D, E A, C C, E B A, D H B, C D A, C, A, E C, D E B B, D, E A C I A, B C B, D B, C D, E A, E A, C, D E B, E J A B A, E C A, B C, D D, E B, C D, E A, D K E A, E D B A, E B, C C, D A, B C, D C L D D, E C, A, E D A, B B, C A, E B, C B, E M C C, D B, E D C A, E A, B, E D A, B A, D N B, E B, C A, D C, E B D A, D C A, E C O A, D, E A, B, E C, B, D A C C B D, E B, E P C, D A, D, E B, E A, C B B, E A C, D A, D Q B, C C, D A, D B E A A, D E B, C, E C R A, B B, C C, E A D E C D, E A, B, D B, E Table 2 Set of subsamples by laboratory. The reference materials being tested have been labelled A through to E, with AUOL-8 labelled D. 12. Calculation of Certified Values Results for Gold via Fire Assay were returned by 18 laboratories. These results were used to calculate the recommended values and 95% confidence intervals for gold concentrations in each of the materials. The Analysis of Variance (ANOVA) technique was used to assess the homogeneity of the reference materials across the one-kilogram samples and also to identify outliers in the gold concentration. Outliers were detected and removed by comparing individual results, sample results and overall laboratory results. Once the outliers were removed and the homogeneity of the reference material was confirmed, the remaining results were used to calculate the certified values. The results from Laboratories B and K showed an upwards bias, Laboratory L showed a high level of variability and a downward bias, and Laboratory F showed a downward bias across all reference materials. All results from these laboratories were therefore excluded from the analysis. For this reference material, the remaining fourteen laboratories returned a total of 97 results across 48 subsamples. No further results were removed as outliers. A summary of the results from the laboratories is given in Table 3, showing average values for each laboratory. The recommended value was calculated as an average of the laboratory average gold concentrations, and the confidence interval was created using the average and WREFRACT/14 Certificate of Analysis February 2013 Page 4 of 6

standard deviation of the laboratory averages. The confidence interval is calculated using the following formula: X ± (t * s / n) where X is the average and s is the standard deviation of the laboratory averages, n is the number of laboratory averages used and t is the 0.025 critical value of the Student s t-distribution. The recommended values and confidence limits are given in Table 1 on the first page of this certificate. Average Gold Concentration (µg/g) Laboratory Fire Assay A 4.678 C 4.928 D 4.873 E 4.878 G 5.050 H 5.067 I 4.787 J 4.951 M 4.884 N 4.875 O 5.175 P 5.156 Q 5.306 R 4.947 Table 3 Average gold concentrations (µg/g) by laboratory. The scale of inhomogeneity was determined through the Analysis of Variance and is presented in Table 1 as the Inter-Unit Standard Deviation. In determining the likely precision of a single assay using this standard, it is necessary to combine this with the measurement error that may depend upon laboratory practice and should be determined for each laboratory through the analysis of duplicates. The combining of standard deviations should be done through the summing of the corresponding variances. Note that when making comparisons between laboratories, between batches or between duplicates the appropriate consideration of errors should be used. When in doubt appropriate statistical guidance should be obtained. 13. Notice The reference material AUOL-8 and this certificate have been prepared with the appropriate care and attention. This certificate conforms to the requirements outlined in the ISO Guide 35, Reference materials General and statistical principles for certification, 2006 edition. WREFRACT/14 Certificate of Analysis February 2013 Page 5 of 6

The Purchaser by receipt hereof releases and indemnifies Data Analysis Australia and Western Refractories from and against all liability and costs arising from the use of this material. 14. Participating Laboratories The laboratories that agreed to participate are shown in Table 4. Laboratory State/Province Country Acme Analytical Laboratories Ltd British Columbia Canada Activation Laboratories Ontario Canada Actlabs Guyana Guyana ALS Minerals Nevada Nevada USA ALS Minerals Orange New South Wales Australia ALS Minerals Perth Western Australia Australia ALS Minerals Townsville Queensland Australia ALS Minerals Vancouver British Columbia Canada Amdel Ltd, Adelaide South Australia Australia Ammtec Western Australia Australia Genalysis (Adelaide) South Australia Australia Genalysis (Perth) Western Australia Australia ITS Jakarta Jakarta Indonesia SGS Kalgoorlie Western Australia Australia SGS Perth Western Australia Australia SGS Townsville Queensland Australia SGS West Wyalong New South Wales Australia Ultra Trace Western Australia Australia Table 4 Participating laboratories. (Not related to the order of laboratories in other tables.) To obtain additional copies of this certificate, please contact Western Refractories or visit their website http://www.assaysupplies.com.au. WREFRACT/14 Certificate of Analysis February 2013 Page 6 of 6