Ann: Quarterly Activities Report 30 September 2018, page-6

Just going over Qtr report couple interesting parts-

-Saracen is currently undertaking an open pit Feasibility Study on Otto Bore and plans further drilling in the Decemberquarter as part of its FY18-19 exploration and resource definition program.

(IRC retains a 10% interest and is free carried to a decision to mine on the JV tenure and a holds a 3% productionroyalty on M36/177.)

-Also during the Quarter, the Company took up is entitlement in the Reward Minerals 1 for 5 non-renounceable rightsissue at a cost of A$214,533. Intermin now holds 7.15m shares and 596k options in Reward.(Forced by MR ??)

trade BID depth still terrible .. but also S/H's not forcing selling pressure the SP lower .. Overall the market hasn't much interest here ...here's hoping that changes before long .... really been dragging of late