Ann: Significant Gold Intercept at Rise and Shine Deposit, page-36

Impaired asset - this is from their Dec'20 Half year report...

Sayabouly Project, Laos
On 17 July 2019, the consolidated entity announced that it had signed an agreement with Mekong Minerals
Limited (‘Mekong’) to purchase Mekong’s 75% interest in the Sayabouly Project in Lao and two Cambodian gold
projects in which Mekong held farmed out interests. The transaction with Mekong completed on 9 December
2019. This transaction was accounted for as an acquisition of assets, not a business combination.
Upon completion of the transaction, the consolidated entity acquired 100% of the ordinary share capital in two
companies, Southern Gold (Asia) Pty Ltd (refer note 8) and Dominion Metals Pty Ltd. Dominion Metals Pty Ltd
currently holds a 75% interest in the Sayabouly Project, with joint venture parties of the other 25% free carried
to completion of a feasibility study.
During the reporting period, the consolidated entity assessed its capitalised exploration and evaluation
expenditure assets for impairment and recorded an impairment loss of $2,112,047 in relation to the Sayabouly
Project. The impairment follows the consolidated entity’s analysis of results of drilling and assay in light of
current and forecast commodity prices. Based on this analysis the consolidated entity has decided to limit
exploration activities in relation to this project