Highlights of Interview: Very strong economics for Dubbo Zirconia Project – NPV of $1,235 million

Quarterly Report to 31 March 2013.

RC drilling of the Caloma Two deposit within the Tomingley Gold Project (TGP) continues to return strong results including the highest grade intersection recorded within the TGP.

The DFS for the DZP has delivered a technically and financially robust project over an initial 20 year life with EBITDA of A$5.23 billion and NPV of A$1.23 billion.

Highlights of Interview: Confident of meeting 11 month construction for Tomingley Gold Project by end 2013.