Ann: Quarterly Activities and Cashflow Report , page-2

Some key points;

Murchison

Although Murchison has so far underperformed, “As anticipated the grade is improving with depth and mining will be moving into higher grade ore in the next few weeks”

Andash

“Five items of mining equipment from the Andash mining fleet are being hired out to a construction
contractor. The revenue from this is now covering all of the costs from the Kyrgyz workforce.
Discussions are taking place to hire out additional equipment items going forward.”

Bashkol Exploration Licence

“Confirmation of the extension was received during the Quarter.”

Jervios

“Resource update to be completed shortly”