June 2015 Quarterly Highlights Outstanding quarter with record...

June 2015 Quarterly Highlights

Outstanding quarter with record copper production and significant new high-grade VMS discovery


Exploration • Discovery breakthrough with a significant zone of high-grade copper-gold mineralisation identified within Talisman JV area, 10km east of DeGrussa. Results to date include: • 16.5m @ 18.9% Cu and 2.1g/t Au from 409.5m down-hole (not true width, from 365m below surface vertical depth) • 9.2m @ 11.8% Cu and 2.9g/t Au from 417m down-hole (not true width, from 370m below surface vertical depth) • 18m of massive sulphides from 108m down-hole (not true width) – assays awaited • Major 2D seismic survey completed – proof-of-concept testing for using this technique as a detection tool for VMS deposits


Exploration Summary Discovery breakthrough within Talisman JV area • Discovery of significant zone of high-grade copper-gold mineralisation within the Talisman JV ground, ~10km east of DeGrussa, with results to date including: • 16.5 metres grading 18.9% Cu and 2.1g/t Au from 409.5m down-hole (not true width, from 365m below surface vertical depth) – TLDD0004A • 9.2 metres grading 11.8% Cu and 2.9g/t Au from 417m down-hole (not true width, from 370m below surface vertical depth) – TLDD0005 • 18 metres of massive sulphides from 108m down-hole (not true width) – TLRC0004 (assays pending) • Resource definition drilling at C5 deposit targeting the conversion of inferred resource to indicated • Major 2D seismic survey completed – designed as proof-of-concept testing for utilising this technique as a direct detection tool for VMS deposits, results expected in September 2015 Quarter