Quarterly Activities Report for the period ended 31 December 2018

Key Points

• Eight-hole diamond drill program completed at the Altair Zinc-Copper Prospect. Assay results were received for first four holes and include:
  • 39.0m @ 2.34% Zn and 0.48% Cu from 160.0m in ALDD004 and
  • 35.0m @ 2.64% Zn and 0.52% Cu from 251.0m in ALDD006.
• Further drilling at Altair is planned to commence early in the March 2019 quarter.
• Follow-up drilling testing the high-grade gold mineralisation in the Butcherbird Shear/Premium Lode system at Swan commenced in December 2018 and is set to resume in mid-January 2019
• Cash of $4.1 million at 31 December 2018.