New Zealand, page-13

Highlights from the Quarterly Activities Report for the period ended 30 June 2017:

"Newcrest Mining Ltd. (Newcrest) withdrew from the LNJV farm-in agreement having spent approximately NZD$5million on ground while it completed the Phase 1 minimum work commitments. Newcrest has now elected not to proceed with the Phase 2 work commitments as the project no longer fits within Newcrest’s current corporate objectives.

During the farm-in exploration completed by LNJV in the past 2 years has fulfilled all of the farm-in minimum commitments and the main work programs completed consisted of;

• Collection of over 1500 surface geochemical samples,
• Extensive geological mapping along with geochemical sampling as required,
• Completion of two geophysical programs for over 31 line km of IP,
• Drilling of 13 diamond holes for over 5000m (Figure 2)

• All results have been received with several low grade gold zones across the project which show good prospectivity and provide several untested targets. Laneway has proposed 15 drillholes and two small soil programs for follow up work for 2017_2018 Budget year which is still being actively reviewed and refined.

• Significant targets still exist within this highly prospective mineralised corridor with several drill ready targets undergoing final permit approvals.