text: **Operations Report 12**
  
  Chatree Gold Mine, Thailand . . . . . . . . . . . 12 
  
  Challenger Gold Mine, South Australia . . . . . . . . 20 
  
  **Projects Report 26**
  
  Bowdens Silver Project, New South Wales . . . . . . 26 
  
  Nueva Esperanza Project, Chile . . . . . . . . . . 28 
  
  **Exploration Report 30**
  
  Ore Reserves and Mineral Resources . . . . . . . . . 32 
  
  Competent Persons Statement . . . . . . . . . . . 33 
  
  **Corporate Governance Statement 34**
  
  **Senior Management** **39**