Ann: Quarterly Activities and Cash Flow Reports June 2018, page-2

Highlights:

*The Board continues to undertake strategies towards realising value of Elko for shareholders, whilst at the
same time evaluating other accretive resource related investment opportunities. All new opportunities are
being rigorously assessed against the board’s clear and agreed strategies.

- potential for secondary acquisitions

*Still 4.4m cash at end of quarter

- fantastic to be a holder in a company where the board don't take large paychecks and best interests are aligned with holders

GLAH