Ann: Mineral resource Estimate Kapunda Copper, page-10

Highlights:

• An Inferred resource estimate of 47.4 million tonnes (MT) grading 0.25% Cu, containing 119,000 tonnes of contained copper;
  
  
• Resource estimate is only for that part of the Kapunda deposit considered amenable to Insitu Recovery techniques;
  
  
• Estimate includes mineralisation only from the top 100 metres of the deposit which host copper species (copper oxides and secondary copper sulphides) that are readily leachable;
  
  
• The resource grade is well within the recommended ranges for In Situ recovery of copper and preliminary investigations of hydro geological parameters appear favourable