Tenement Schedule

Tenement Schedule as at 31 DeceMBER 2011

TenementProject NameHolder/   ApplicantStatus Expiry DateNo. Sub BlocksCommodity TargetedMin p.a expen.
NORNICO NICKEL-COBALT PROJECT- NORTH (100%)

ML 4187

Bell Creek North LeaseNORNICO Pty LtdGranted (29/02/20)71.35HaNi. CoN/A
ML 4188Bell Creek South LeaseNORNICO Pty LtdGranted (29/02/20)98.11HaNi, CoN/A
MDLA 20549Bell Creek ConsolidatedNORNICO Pty LtdApplication2,145HaNi, CoN/A
MDL 387MinnamoolkaNORNICO Pty LtdGranted (30/06/13)654.26 HaNi, Co$50,000
EPM 10235MinnamoolkaNORNICO Pty LtdGranted (08/09/11)*5Ni, Co$10,000
EPM 11285Bell CreekNORNICO Pty LtdGranted (27/08/11)*8Ni, Co$10,000
EPM 14101Mt Garnet SouthNORNICO Pty LtdGranted (22/12/12)37Ni, Co, Au, PGE  $10,000
EPM 14518Mt Garnet South #2NORNICO Pty LtdGranted (07/03/12)*19Ni, Co, Au, Cu$10,000
NORNICO NICKEL COBALT SCANDIUM PROJECT SOUTH (100%)
EPM 10680Lucknow NorthGreenvale Operations Pty LtdGranted (31/12/15)*3Ni, Co, Sc$60k
EPM 10866Lucknow SouthGreenvale Operations Pty LtdGranted (31/12/15)*4Ni, Co, Sc$60k
EPM 10366LucknowGreenvale Operations Pty LtdApplication268.94HaNi, Co, ScN/A
EPM 11223Dinner CreekGreenvale Operations Pty LtdGranted (31/12/15)7Ni, Co$61k
MLA 10342KokomoNORNICO Pty LtdApplication3593.07HaNi, Co, ScN/A
EPM 10699KokomoNORNICO Pty LtdGranted (21/08/15)21Ni, Co, Sc, Au$100k
EPM 14066Greenvale SouthNORNICO Pty LtdGranted (22/08/11)*26Ni, Co, PGE$10k
EPM 14070Greenvale NorthNORNICO Pty LtdGranted (22/08/11)*20Ni, Co, Cu, Au$10k
EPM 14181Lucky DownsNORNICO Pty LtdGranted (22/08/11)*11Ni, Co, Cu$10k
EPM 14381Greenvale South #2NORNICO Pty LtdGranted (14/12/11)*8Ni, Co, Cu$10k
EPMA 17892Lockup WellNORNICO Pty LtdApplication1Ni, Co$15k
EPMA 17893Broken River SouthNORNICO Pty LtdOffered for grant3Ni, Co$20k
EPM 18175Pinnacles ConsolidatedNORNICO Pty LtdGranted (22/02/15)13Ni, Co$10k
LUCKY BREAK NICKEL PROJECT (100%) Subject to 50/50 JV with MFC 
ML10324Dingo DamNORNICO Pty LtdGranted (28/02/26)36.17HaNiN/A
ML 10332Lucky BreakNORNICO Pty LtdGranted (30/11/27)241.7HaNiN/A
GOLD & BASE METALS (100%)    
EPM 13876Six MileNORNICO Pty LtdGranted (10/12/11)*19Tungsten, Moly, Au, Cu$15k
LIMESTONE PROJECTS (100%)
ML 10276Star River  LimestoneMetallica Minerals LtdGranted (30/04/23)18.54 HaLimestone N/A
ML 80131Boyne Limestone NEMetallica Minerals LtdGranted (30/04/27)54.40 HaLimestone N/A
ML 80132Boyne Limestone SW Metallica Minerals LtdGranted (30/09/27)52.70 HaLimestone N/A
EPM 13423Boyne LimestoneMetallica Minerals LtdGranted (01/01/11)*4Limestone $15k
EPM 13423CraigiePhoenix Lime Pty LtdGranted (25/07/16)16Limestone $20k
EPM 18761FairviewMetallica Minerals LtdGranted (21/10/16)6Limestone $10k
MDL 394FairviewMetallica Minerals LtdGranted (31/08/14)776.6 HaLimestone Nil
ML 80162FairviewMetallica Minerals LtdGranted (31/12/35)692.8 HaLimestone N/A
ML 4788Crotty 1Phoenix Lime Pty LtdGranted (31/1/26)2.023 HaLimestone N/A
ML 4789Crotty 2Phoenix Lime Pty LtdGranted (31/01/26)2.023 HaLimestone N/A
ML 5079CrottyPhoenix Lime Pty LtdGranted (30/04/25)25.95 HaLimestone N/A
ML 5372Crotty 3Phoenix Lime Pty LtdGranted (31/01/13)210 HaLimestone N/A
EPM 17018Mt PodgePhoenix Lime Pty LtdGranted (12/02/14)4Limestone $25k
EPMA 19319KhartumPhoenix Lime Pty LtdApplication3Limestone $20k
MINERAL SANDS: ZIRCON-RUTILE (100%)
 
MLA 20669Urquhart PointOresome Australia Pty LtdApplication366.07 HaRutile, Zircon, HMA N/A
EPM 15268Urquhart PointOresome Australia Pty LtdGranted (24/10/12)24Rutile, Zircon, HMS $40k
EPMA 15370Jackson RiverOresome Australia Pty LtdOffered for grant3Rutile, Zircon, HMS $15k
EPM 15371DougboyOresome Australia Pty LtdGranted (28/09/14)16Rutile, Zircon, HMS $30k
EPM 15372JardineOresome Australia Pty LtdGranted (28/09/14)45Rutile, Zircon, HMS $30k
EPM 18015Jackson River #2Oresome Australia Pty LtdGranted (18/10/15)14Rutile, Zircon, HMS $20k
EPMA 18377Sandman #1Oresome Australia Pty LtdOffered for grant63Rutile, Zircon, HMS N/A
EPMA 18737Sandman #2Oresome Australia Pty LtdOffered for grant97Rutile, Zircon, HMS N/A
EPMA 18738

Sandman #3

Oresome Australia Pty LtdOffered for grant96Rutile, Zircon, HMS N/A
EPMA 18739Sandman #4Oresome Australia Pty LtdOffered for grant98Rutile, Zircon, HMS N/A
EPMA 18998Sandman #5Oresome Australia Pty LtdOffered for grant31Rutile, Zircon, HMS N/A
EPMA 18999Sandman #6Oresome Australia Pty LtdOffered for grant31vvRutile, Zircon, HMS N/A
EPMA 19001Sandman #7Oresome Australia Pty LtdOffered for grant28Rutile, Zircon, HMS N/A
EPMA 19046Sandman #9Oresome Australia Pty LtdOffered for grant29Rutile, Zircon, HMS N/A
EPMA 19047Sandman#9Oresome Australia Pty LtdOffered for grant32Rutile, Zircon, HMS N/A
 Note:
All tenements 100% held unless expressed otherwise
(*) Renewal pending
PGE = Platinum Group Elements
HMS = Heavy Mineral Sands
EPM = Exploration Permit for Minerals<!--?xml:namespace prefix = o /-->
EPMA = Application for Exploration Permit for Minerals
ML = Mining Lease
MLA = Application for Mining Lease
MDL = Mineral Development Licence
MDLA = Mineral Development Licence Application
MFC = Metals Finance Ltd