Ann: Mines & Money Americas Presentation - September 2016-CZL.AX, page-7

Nammuldi- Great welcome to the club. Yes the current major SH are of very much interest. You have Stephen Copulos, Farjoy, and Chris Retzos who are the biggest holders. The first 2 are what attracted me to the stock and of course the current Zinc price and Deficit in the Zinc inventories. JORC was meant to be completed by Mid 2016, and by the latest ANN it won't be completed until end of year. No reasons given by CZL. IMO the delay is due to slow nature of the drilling, but also increased areas in where they are finding resource. They want to get a good fix on what is exactly their before ANN it.

A lot of positive stuff has happened since the start of the year (please look back on ANN etc) but the biggest is the raising of $6.5mil most of which came from the big SH's. To me it's only a positive sign. Then the other day CZL increased their stake to 80% in the mine.

If anyone else can add to this or correct me please go ahead