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September 2012 Quarterly Report     

 

30 September 2012     Page 2    

1. WOODLAWN PROJECT Woodlawn Project The Woodlawn Project comprises the Woodlawn Retreatment Project, the Woodlawn Underground Project and the Woodlawn Regional Exploration Project. The Woodlawn Retreatment Project (the “WRP”) is expected to process approximately 11 million tonnes of tailings produced by the former Woodlawn Mine. Processing will produce separate zinc, copper and lead concentrates that contain by-product silver and gold. The WRP’s planned production rate is approximately 1.5 million tonnes per annum with an expected mine life of approximately 7.5 years. All metallurgical test work, engineering studies and financial modeling have been completed with the business case confirming a low-risk mining and processing project with strong economics at long term projected metal prices. The Woodlawn Underground Project (the “WUP”) involves the evaluation of re-establishing underground mining at Woodlawn to complement the WRP and sustain production for the longer term. The former Woodlawn Mine’s historical production is reported as approximately 13.8 million tonnes at 9.1% zinc, 3.6% lead, 1.6% copper, 0.5 g/t gold 74 g/t silver. The high-grade nature of this deposit and the demonstrated potential to re-establish mining operations makes this a high priority project for TriAusMin. Recent drilling at the WUP has confirmed the potential to add resources down-dip to the previously mined ore lenses. The Company has defined an Exploration Targeta of 6-7 million tonnes for a 200 metre depth extension to the former operation based on historical mine production and remaining Resources. TriAusMin’s Woodlawn Regional Exploration Project is aimed at the discovery and delineation of additional base and precious metal resources along strike from the Woodlawn deposit and within 50 kilometres of the WRP/WUP processing infrastructure that would provide either satellite feed opportunities or be developed on a stand-alone basis. The Company’s objective is to re-establish mining operations at Woodlawn and provide long life, sustainable mineral production.

Woodlawn Retreatment Project (WRP)

During the quarter the Company continued to advance the development-ready position of the WRP. This work included the preparation of the final reporting submissions necessary for statutory development approvals and the commencement of preliminary assessments of the processing equipment and engineering contractors with the aim of optimising the development costs, timeframes and operating efficiencies of the project.

WRP - Environmental Assessment (EA)

Following public exhibition and comment on the Environmental Assessment (EA) during the June quarter, Parsons Brinckerhoff completed and lodged the Submissions Report with the NSW Department of Planning and Infrastructure at the end of September. The Submissions Report is designed to respond to questions and comments made by government agencies, local council(s), the general public and other potential stakeholders on the EA.

a The Exploration Target is conceptual and, to date, there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource. The Exploration Target assumes the continuation of down dip mineralisation and is based on the historical mine production (13.8Mt @ 9.1% Zn, 1.6% Cu, 3.6% Pb, 74g/t Ag & 0.52g/t Au) and the remaining Measured, Indicated & Inferred Resource (10.1Mt @ 10.2% Zn, 4.0% Pb, 1.8% Cu, 84g/t Ag & 0.51g/t Au) to the 2150mRL.

September 2012 Quarterly Report     

 

30 September 2012     Page 3    

The Company expects that, following further review by the Department of Planning and Infrastructure, it will be issued with and provided the opportunity to negotiate a set of draft conditions by the end of the December quarter. Subject to these conditions satisfying all parties, the Company expects to be granted approval to develop the Project. WRP – Capital Optimisation As part of a project development capital review program commenced during the quarter, two initiatives are currently being advanced with the specific aim of reducing the development capital required to construct the WRP. The first of these initiatives is the assessment of potential savings that can be made through the acquisition of used plant and equipment that has recently become available. A number of complete sulphide processing plants have appeared on the market in the last 3 to 6 months and have the potential to supply a substantial portion of the WRP equipment requirements. In addition, these plants may provide a low cost avenue to acquire the crushing and grinding equipment that would be needed for the underground project. Evaluation of these options will continue into the next quarter. The second initiative centres on the provision of the process plant under alternative construction and financing approaches. This has the benefit of pushing out the plant capital cost into a period when the project is supported by cash flow from operations. This type of financing structure is being considered by processing and engineering companies as the industry wide pipeline of construction works diminishes and alternatives are sought to maintain business levels. This assessment program will continue in parallel with the used plant options.

WRP – Middlings Concentrate Dam

Adjacent to the former open pit and plant site was a storage dam of low grade concentrate, previously left from the prior processing operations. Drilling of ten holes in May 2011, with an average drill hole depth of 3.5 metres, returned average grades of 1.5% Cu, 6.6% Pb, 3.5% Zn, 1.0 g/t Au, 201 g/t Ag. As part of the ongoing site rehabilitation works and in conjunction with Veolia Environmental Services, TriAusMin held the option to relocate this material for later commercial purposes through the WRP. Given the high grade nature of this material (greater than 3.5 times the value of the average tailings metal content at current prices) the Company undertook the relocation of this material to the northern tailings dam for later reprocessing through the WRP. Relocation of this material commenced in August 2012 and 2,477 truckloads (estimated at 29,000m3) of concentrate was moved. This material has not been included in the Reserves and will be processed and recovered when this dam is mined as part of the project mining schedule.

September 2012 Quarterly Report     

 

30 September 2012     Page 4    

Figure 1: Relocation of middling concentrate dam – August 2012.

Woodlawn Underground Project

Following on from the completion earlier this year of the very successful first phase drilling program that targeted the down plunge extensions of the previously mined ore lenses, the Company has commenced the evaluation and planning work for the next phase of work. The target is to define further resources in these areas providing added support to the reopening of the underground mining operation. This will be completed in the next quarter with additional drilling to follow shortly thereafter.

2. EXPLORATION PROJECTS

Overflow (EL 5878 85% and EL 7941 100% TriAusMin)

During the quarter the Company conducted a thorough data review of the Overflow Project. The project is situated mid-way between Mineral Hill and Nymagee in central west New South Wales. The project features the historical Overflow Mine, a structurally-controlled, polymetallic deposit within felsic volcanics. The Overflow Mine lies within the same regional setting as the Mineral Hill deposit and was a past producer of gold, silver and lead with minor copper and zinc mined sporadically between 1895 and 1935. Documented exploration work spans the period from 1957 to the present. During the quarter substantial historical drilling and surface geochemical datasets were compiled and validated, and historical geophysical datasets were digitised and/or reviewed. The drilling database now consists of 306 holes, the surface geochemical database 3,532 soil samples and 430 rock samples (incomplete). Geophysical datasets including airborne magnetics and VTEM (2011 airborne survey) and ground surveys (historical IP and ground EM completed in 1977-78 and 1982 respectively) were reviewed. There are 7 main targets outside of the historical mine that feature strong geochemical anomalism (Figure 3). One hundred and thirty-eight of the 206 holes (67%) completed outside the immediate mine area are shallow RAB holes; and of the remaining 68 RC and diamond

September 2012 Quarterly Report     

 

30 September 2012     Page 5    

holes only 21 have total depths of more than 100 metres and two holes total depths greater than 200 metres. The implication is that none of the targets have been adequately drill tested. Previous reporting at the Parkvale target (Figure 3) includes narrow high grade intersections including 0.70m grading 5.75% Cu and 1.19% Pb (diamond drillhole BO-1A drilled in 1977) have never been followed-up. The Prettyview South target has not been drilled, yet features Au-As and Pb-Zn soil anomalism over areas of up to 600 by 400m. This is along strike from, and in a similar geological setting to Spooky Hill (Figure 3). Spooky Hill features a gold-only style of mineralisation with one drill intersection of 10m grading 1.18g/t Au (0.5ppm cut-off) in a hole that was terminated in a cavity within this mineralised zone. This zone also remains open down-dip and to an extent along strike. A number of preliminary work programs have been proposed to advance exploration on these regional targets.

Figure 2: Overflow Project – target areas and drillholes (coloured by total depth), over TMI magnetics.

September 2012 Quarterly Report     

 

30 September 2012     Page 6    

Mulloon (EL 7469, 100% TriAusMin)

Assay results for outstanding 14 rock samples (BBRC006 to BBR019 inclusive, lab batch number OR12162515) collected from the Bombay area in July 2012 were received during the quarter. The samples predominantly consisted of quartz vein material collected from subcrops, an unnamed underground drive and shallow prospecting pits cross-cutting volcanic or intrusive host rocks (Figure 4). Metal values for this sample batch were generally subdued with some weak anomalism for arsenic, silver, lead and zinc (Table 1). A follow-up program over the areas of interest is under consideration.

Table 1: Assay results for (all) rock samples collected during 2012 from Bombay area, EL7469 Mulloon

Sample_ID  GDA94_East  GDA94_North  Rock Sample Type Lab Batch 

No. Au g/t 

Ag g/t 

As ppm 

Cu ppm 

Pb ppm 

Zn ppm 

Zn  % 

BBRC001  741325  6071320  grab from dump  OR12143215  0.18  71.4  11  435  2220  749  0.08 

BBRC002  741325  6071320  grab from dump  OR12143215  1.23  50.4  14  4340  180  >10000  9.09 

BBRC003  741325  6071320  grab from dump  OR12143215  0.06  18.2  3  171  276  521  0.05 

BBRC004  741328  6071320  grab from dump  OR12143215  2.89  97.3  30  2370  314  >10000  9.34 

BBRC005  741329  6071320  grab from dump  OR12143215  0.12  9.3  105  106  226  1620  0.16 

BBRC006  741320  6071308  grab from dump  OR12162515  0.1  8.8  21  200  691  7370  NA 

BBRC007  741168  6071133  grab from dump  OR12162515  0.02  1.3  52  20  56  42  NA 

BBRC008  741168  6071133  grab from dump  OR12162515  0.02  1.5  46  23  42  58  NA 

BBRC009  741170  6071016 grab from subcrop & float  OR12162515  0.06  8.1  21  15  371  41  NA 

BBRC010  741170  6071016 grab from subcrop & float  OR12162515  0.01  2.9  19  5  131  27  NA 

BBRC011  739054  6071431 chip from underground drive  OR12162515  0.02  1  464  74  332  331  NA 

BBRC012  739040  6071459  float  OR12162515  <0.01  8.6  83  13  1080  141  NA 

BBRC013  737790  6070545  float  OR12162515  0.01  0.5  6  6  85  29  NA 

BBRC014  739010  6071536  float  OR12162515  <0.01  0.2  12  3  29  3  NA 

BBRC015  741291  6072189  float  OR12162515  0.29  7.0  773  17  1395  26  NA 

BBRC016  741295  6072168  float  OR12162515  0.01  0.6  36  6  38  3  NA 

BBRC017  741295  6072168  float  OR12162515  0.05  0.7  237  23  338  5  NA 

BBRC018  741317  6072196  float  OR12162515  0.01  16.4  66  7  183  13  NA 

BBRC019  741395  6078610  float  OR12162515  <0.01  0.4  15  3  38  12  NA 

September 2012 Quarterly Report     

 

30 September 2012     Page 7    

Figure 3: Map showing rock sample (squares) and soil sample (dots) locations at Bombay. Soil samples are thematically mapped by Pb percentile; the red polygon is the 100ppm Pb contour. Solid red rock samples returned anomalous silver (>5g/t) values. Calarie (ML 739 & EL 7023, 100% TriAusMin, Goodrich Farm-In)

Goodrich Resources (ASX:GRX) reported their intention to drill on the Calarie Project in the next quarter. Five drill holes are planned at the Lachlan Mine to test depth extensions to the existing mine resource. A further two holes are planned for the Bald Hill prospect targeting a resistivity anomaly that coincides with high grade rock chips and historical mine workings.

3. CORPORATE

Cash Position

Details of TriAusMin Limited’s consolidated cash flow and associated details for the September Quarter are contained in the “Appendix 5B – Mineral Exploration Entity Quarterly Report” which follows this activities report. At 30 September 2012, the TriAusMin Group’s net cash balance amounted to $648,000 compared to $1,445,000 at the end of the previous quarter. Rights Offering A 1 for 4 Rights Issue was announced on the 31st August 2012 partially underwritten by Jennings Capital Inc. Subsequent to the Quarter this Rights Issue closed on the 16th October 2012 with the issue of 50,277,810 new shares and raising approximately $3 million before costs. This represents the full take-up of rights issued under this plan. The revised issued share capital in the Company is 251,389,050 shares.

September 2012 Quarterly Report     

 

30 September 2012     Page 8    

4. CORPORATE DIRECTORY Directors William Killinger, AM*+ Chairman Robert Valliant* Alan Snowden*+ James Gill*+

*Denotes Non-executive +Denotes Independent Executive Management Wayne Taylor Managing Director & Chief Executive Officer Simon Smith Chief Financial Officer

Issued Share Capital As at the date of this report, TriAusMin Limited had 251,389,050 ordinary shares, 7,233,334 options. The options have expiry dates ranging from 26 November 2012 to 23 October 2017 and have exercise prices ranging from A$0.06 to A$1.09. TriAusMin trades on the ASX as ‘TRO’ and the TSX as ‘TOR’. Monthly Share Price Activity

(A$ per share - ASX) Month High Low Close Apr 12 0.14 0.10 0.12 May 12 0.13 0.10 0.12 Jun 12 0.12 0.09 0.09 Jul 12 0.10 0.08 0.08 Aug 12 0.08 0.07 0.07 Sep 12 0.07 0.06 0.06

(CA$ per share - TSX)

Month High Low Close Apr 12 0.16 0.09 0.13 May 12 0.14 0.10 0.13 Jun 12 0.13 0.09 0.12 Jul 12 0.12 0.08 0.09 Aug 12 0.09 0.06 0.07 Sep 12 0.07 0.06 0.07

Registered Office and Address for Correspondence Suite 702, 191 Clarence Street Sydney NSW 2000 Telephone (02) 9299 7800 International +61 2 9299 7800 Facsimile (02) 9299 7500 Email inquire@triausmin.com Website www.triausmin.com In Canada; Telephone +1 905 727 8688 Email info@triausmin.com Website www.triausmin.com Share Registry (Australia) BoardRoom Limited Level 7, 207 Kent Street Sydney NSW 2000 Telephone (02) 9290 9600 Email: callcentre@boardroomlimited.com.au Please direct enquiries regarding Australian shareholdings to the Share Registrar. Transfer Agent (Canada) Equity Financial Trust Company 200 University Avenue, Suite 400 Toronto ON M5H 4H1 Toll Free: 1 (866) 393-4891 Tel: (416) 361-0152 Email: Investor@equityfinancialtrust.com Please direct enquiries regarding North American shareholdings to the Transfer Agent.

For further information visit our Website: www.triausmin.com Or Contact: Mr. Wayne Taylor, Managing Director & CEO inquire@triausmin.com +61 (0)2 9299 7800 (Sydney)

JORC Compliance and Declarations 1. Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the ‘JORC code’), 2004 Edition, JORC (of

AusIMM, AIG & MC), December 2004. 2. Competent Person / Qualified Person

(a) The technical information in this news release relating to the exploration results at the Woodlawn Project is based on information compiled by Mr Erik Conaghan, who is a Member of the Australasian Institute of Geoscientists. Mr Conaghan is a full-time employee of TriAusMin Limited and has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the “Australasian Code for Reporting of Exploration Results and “qualified person” as this term is defined in Canadian National Instrument 43-101 (“NI 43-101”). Mr Conaghan consents to the inclusion in this news release of the information in the form and context in which it appears. (b) The technical information in this news release relating to the Woodlawn Mineral Resources is based on information compiled by Mr Robin Rankin, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Rankin is a consultant to TriAusMin Limited and has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the “Australasian Code for Reporting of Exploration

September 2012 Quarterly Report     

 

30 September 2012     Page 9    

Results and “qualified person” as this term is defined in Canadian National Instrument 43-101 (“NI 43-101”). Mr Rankin consents to the inclusion in this news release of the information in the form and context in which it appears. (c) The information in this release that relates to Mineral Resources or Ore Reserves associated with the Woodlawn Retreatment Project is based on information compiled by qualified person, Mr. Richard Lambert, P.E. a professional engineer and Registered Member of SME. Mr. Richard Lambert is Principal Mining Engineer and Executive Vice President of Roscoe Postle Associates, Inc. He is independent of TriAusMin applying the test set out in Section 1.4 of NI 43-101. He has sufficient experience relevant to the style of mineralization and type of deposit under consideration, and to the activity which he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (the JORC Code) and by reason of his education, affiliation with a professional association (as defined in NI43-101) and past relevant work experience, fulfils the requirements to be a "qualified person" for the purposes of NI43- 101.

Appendix 5B Mining exploration entity quarterly report 

  

      Appendix 5B  Page 10 

 

Appendix 5B Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98. Name of entity

TriAusMin Limited ABN

Quarter ended (“current quarter”)

22 062 002 475 30 September 2012 Consolidated statement of cash flows

Cash flows related to operating activities

Current quarter $A’000

Year to date (3.months)

$A’000 1.1 Receipts from product sales and related debtors - - 1.2 Payments for (a) exploration and evaluation

(b) development (c) production (d) administration

(523 ) - -

(426)

(523 ) - -

(426 ) 1.3 Dividends received - - 1.4 Interest and other items of a similar nature received 9 9 1.5 Interest and other costs of finance paid - - 1.6 Income taxes (paid) / rebated 141 141 1.7 Other (provide details if material) - -

Net operating cash flows

( 799)

(799 )

Cash flows related to investing activities

1.8 Payment for purchases of: (a) prospects

(b) equity investments (c) other fixed assets

- - -

- - -

1.9 Proceeds from sale of: (a) prospects

(b) equity investments (c) other fixed assets

- - -

---

1.10 Loans to other entities - -1.11 Loans repaid by other entities - -1.12 Other (provide details if material) - -

Net investing cash flows - ( )

1.13 Total operating and investing cash flows (carried forward)

( 799)

(79 )

1.13 Total operating and investing cash flows (carried

forward)

( 799)

(799)

Cash flows related to financing activities

1.14 Proceeds from issues of shares, options, etc. -

Appendix 5B Mining exploration entity quarterly report 

  

      Appendix 5B  Page 11 

 

1.15 Proceeds from sale of forfeited shares - -1.16 Proceeds from borrowings - -1.17 Repayment of borrowings - -1.18 Dividends paid - -1.19 Other - Share issue costs - -

Net financing cash flows -

Net increase (decrease) in cash held (799 ) (799 )

1.20 Cash at beginning of quarter/year to date 1,447 1,447 1.21 Exchange rate adjustments to item 1.20 - -

1.22 Cash at end of quarter 648 648

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

Current quarter $A'000

1.23 Aggregate amount of payments to the parties included in item 1.2 144

1.24 Aggregate amount of loans to the parties included in item 1.10 -

1.25 Explanation necessary for an understanding of the transactions

- Non Executive Directors’ fees $43,400 - Executive Directors’ salary(incl super) $100,625 - Re-reimbursable travel expenses $Nil

Non-cash financing and investing activities 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and

liabilities but did not involve cash flows

N/A

2.2

Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

N/A

Appendix 5B Mining exploration entity quarterly report 

  

      Appendix 5B  Page 12 

 

Financing facilities available Add notes as necessary for an understanding of the position.

Amount available $A’000

Amount used $A’000

3.1 Loan facilities

Nil N/A

3.2 Credit standby arrangements

Nil N/A

Estimated cash outflows for next quarter

$A’000

4.1 Exploration and evaluation 250

4.2 Development -

4.3 Production -

4.4 Administration 350

Total 600

Reconciliation of cash Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.

Current quarter $A’000

Previous quarter $A’000

5.1 Cash on hand and at bank 48 262

5.2 Deposits at call 600 1,185

5.3 Bank overdraft - -

5.4 Other (provide details) - -

Total: cash at end of quarter (item 1.22) 648 1,447

Appendix 5B Mining exploration entity quarterly report 

  

      Appendix 5B  Page 13 

 

Changes in interests in mining tenements

Tenement reference

Nature of interest (note (2)) Interest at beginning of quarter

Interest at end of quarter

6.1 Interests in mining tenements relinquished, reduced or lapsed

N/A

6.2 Interests in mining tenements acquired or increased

N/A

Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates. Total number Number

quoted Issue price per security (cents)

(see note 3)

Amount paid up per security (cents)

(see note 3) 7.1 Preference +securities

(description) Nil N/A N/A N/A

7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy-backs, redemptions

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

7.3 +Ordinary securities 201,111,240 201,111,240 N/A N/A

7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy-backs

Nil

Nil

Nil

N/A

N/A

N/A

Nil

N/A

7.5 +Convertible debt securities - Performance Share

Nil

N/A

N/A

N/A

7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted

Nil

Nil

N/A

N/A

N/A

N/A

N/A

N/A

7.7 +Unlisted Convertible equity securities - Special Warrants

Nil Nil N/A N/A

7.8 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted

Nil

Nil

N/A

Nil

N/A

Nil

N/A

Nil

Appendix 5B Mining exploration entity quarterly report 

  

      Appendix 5B  Page 14 

 

7.9 Options Listed Unlisted TROAA: 1 share for 1 option TROAB: 1 share for 1 option TROAC: 1 share for 1 option TROAZ: 1 share for 1 option TROAK: 1 share for 1 option Options to acquire ordinary shares Option to acquired ordinary shares Options to acquire ordinary shares Options to acquire ordinary shares Options to acquire ordinary shares Option to acquire ordinary shares

Nil

54,000

666,667 333,334

2,963,333 50,000

100,000 100,000 500,000

2,000,000 50,000 50,000

Nil

Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil

Exercise price N/A

AU 109 cents AU 107 cents AU 73 cents AU 25 cents AU 25 cents

AU 11.5 cents AU 11.5 cents AU 10.0 cents

AU 16 cents AU 11.5 cents AU .095 cents

Expiry date N/A

26/11/12 01/12/12 18/03/13 24/06/14 23/06/15 27/06/16 27/06/16 18/11/15 19/3/16 4/2/15

13/2/16

7.10 Exercised during quarter Nil Nil N/A N/A 7.11 Issued during quarter Nil Nil N/A N/A 7.12 Expired/Lapsed during quarter

TROAK: 1 share for 1 option TROAK: 1 share for 1 option

800,000 200,000

Nil Nil

AU 154 cents AU 154 cents

11/08/12 26/09/12

7.13 Debentures Nil N/A 7.14 Unsecured notes Nil N/A

Compliance statement

1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).

2 This statement does give a true and fair view of the matters disclosed.

Sign here: Date: 30 October 2012 Chief Executive Officer

Print name: Wayne Taylor

Notes

1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position.

Appendix 5B Mining exploration entity quarterly report 

  

      Appendix 5B  Page 15 

 

An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

3 Issued and quoted securities. The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities.

4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.

5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.