September 22, 2016


Key Highlights

Mineral resources and ore reserves have been re-estimated to account for depletion, increased geological knowledge with depth and actual operating costs and conditions:

Total mineral resources    10.32Mt grading 1.75g/t Au (579,000oz)

Total ore reserves  4.31Mt grading 1.8g/t Au (253,000oz)


The total ore reserves includes the maiden underground reserve advised in November 2015 of:

Ore reserves  0.524Mt grading 3.7g/t Au (61,600oz)


Strong FY16 operating performance of 67,812 ounces with A$109.1 million revenue of AISC of $A1,256/ounce