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              [html]<thead><tr><td>Resource</td><td>Tast</td></tr></thead><tbody><tr><td>MPR Geological Consultants Pty Ltd ( MPR ) has estimated Mineral Resources for the Bowdens silver lead zinc deposit and reviewed the quality of sampling and assaying for Kingsigate ' s 2012 drilling.</td><td>HRRS</td></tr><tr><td>Estimated resources include silver, lead and zinc grades and are neported above silver equivalent : cut off grades. The silver equivalence formula is based on commodity priors and necoveries provided by Kingsgate, which give the follol</td><td>group</td></tr><tr><td>Ag equivalent ( g ) t ) = Ag ( g / t ) + 27.5 x Pb (%) + 22.8 x Zn (%)</td><td>kepsylogy</td></tr><tr><td>The study database comprises 567 RAB, aircore, Reverse Croulation hammer ( RC ), and diamond drill holes completed by Kingspate and previous explorers since 1989 for a combined 63.088 metres of drilling.</td><td>Intervention</td></tr><tr><td>A ( 000C - compliant resource estimate was completed in 0ctober 2012 and the current total measured, indicated and inferred resource ( at a 30 grams per tone silver equivalent ( AgGg ) lower cut - off grade ) is 182 million ounces of AgEq.</td><td>Testing of the long term geoch of the ore and waste for potent properties is ongoing, with initial columns nearing completion. T characterisation results will for input to the Environmental Imp ( EIS ).</td></tr><tr><td>Feasibility Study</td><td>During 2013, the process design and engagement of the processes ( OPS ) programmes ( OPS ) progressed to a point where the draft study was close to completion as at 30 June structures. Surgery based on using the most security. Surgery based on</td></tr><tr><td>EIS, Community and Approval Process Approval Community and Communities and Community and Community and Community and Community and Community and Community and Community and Community and Community and Community and Community and Cot</td><td>A specialist : water supply and engineering firm was engaged to determine the project options for supply, ground and surface water management. Separate specialist : consulting firms were engaged to prepare the design and costing of ther</td></tr><tr><td>conceptual project development and sets out environmental ass ments for the proposed project The preparation for lodgement Environmental limpact Statement</td><td>A geo - technical drilling program was largely completed and the results utilised in determining preliminary mine design and costing for an open pit mine for Bowderss including pit wall angles for the mine optimisation.</td></tr><tr><td>completed and lodged in 2014. and fauna, surface water, grour ology, ambient noise and dust I collected routinely. Further inv cultural hentage, social - econor</td><td>A geo - metallurgical test program was completed using core samples prepared from the major lithology types at the Blowdens silver project. The geo - metallurgical programme was successful in providing important information related th</td></tr><tr><td>impact, soil type and agriculturaliso been undertaken on site. There have been no serious safe reported to date. At the end of over 600 days Lost Time Injury Kingsgate exploration and pre - activities began on site.</td></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr></tbody>
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