Ann: Response to ASX Price Query, page-2

The Company received on 1 December 2017, quotation from the preferred drilling
contractor for the Mary Valley Manganese Project. The drilling contractor has
advised there is an opportunity to commence the drilling program at Mary Valley
during the week commencing 11 December 2017 subject to weather conditions.
The Company and the drilling contractor are currently discussing the logistics of
drilling and the potential timing of drill rig mobilisation. There is currently heavy
rain in the Mary Valley and surrounding areas which will hamper deployment and
therefore commencement.