Projects - Australia

Connors Arc Projects

Gold

On 2 May 2018, the Company announced the sale of its Connors Arc Project to Evolution Mining Limited (ASX: EVN), the owners of three mines in Queensland, two of which are similar to the Connors Arc Project area for epithermal gold deposits, being Mt Carlton and Cracow.

Completion of the sale is subject to certain conditions, including receipt of relevant government approvals.  For further information relating to the terms of sale, refer to ASX release 2 May 2018.