2. Forward Looking Statements
TSX:CRK OTCQX: CROCF
This presentation contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not limited to, statements
with respect to the development potential and timetable of the projects; the Company’s ability to raise additional funds as necessary; the future price of gold; the
estimation of mineral resources; conclusions of economic evaluation (including scoping studies); the realization of mineral resource estimates; the timing and amount
of estimated future production, development and exploration; costs of future activities; capital and operating expenditures; success of exploration activities; mining or
processing issues; currency exchange rates; government regulation of mining operations; and environmental risks. Generally, forward-looking statements can be
identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the
date such statements are made. Estimates regarding the anticipated timing, amount and cost of mining at the projects are based on assumptions underlying mineral
resource estimates and the realization of such estimates; results of previous mining activities at the projects, and detailed research and analysis completed by
independent of the Company; research and estimates regarding the timing of delivery for long-lead items; knowledge regarding the factors consultants and
management involved in building a mine and other factors described in the technical reports and Annual Information Form filed under the profile of the Company on
SEDAR. Capital and operating cost estimates are based on results of previous mining activities, research of the Company and independent consultants, recent
estimates of construction and mining costs and other factors that are set out in the scoping study. Production estimates are based on mine plans and production
schedules, which have been developed by the Company’s personnel and independent consultants. Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from
those expressed or implied by such forward-looking statements, including but not limited to risks related to: timing and availability of external financing on acceptable
terms; unexpected events and delays during construction, expansion and start-up; variations in ore grade and recovery rates; receipt and revocation of government
approvals; actual results of exploration and mining activities; changes in project parameters as plans continue to be refined; future prices of gold; failure of plant,
equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry. Although management of the Company has
attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking
statements. The Company does not undertake to update any forward-looking statements except in accordance with applicable securities laws.
Investors are advised that National Instrument NI 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves and mineral
resources be reported separately. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to the uncertainty of measured,
indicated or inferred mineral resources, these mineral resources may never be upgraded to proven and probable mineral reserves.
Non-GAAP Measures
Crocodile Gold believes that investors use certain indicators to assess gold mining companies. The indicators are intended to provide additional information and should
not be considered in isolation or as a substitute for measures of performance in accordance with the International Financial Reporting Standards.
“Cash Cost per Ounce” is a non-GAAP performance measure which could provide an indication of the mining and processing efficiency at the operations. It is
determined by dividing the operating expenses, excluding stock-based compensation allocated to the operating expense and next of silver revenue, by the number of
ounces of gold sold. There are variations in the method of computation of ‘cash cost per ounce” as determined by the Company compared with other mining
companies.
Qualified Person
David Keough, MAusIMM of Crocodile Gold Australia Operations is a “qualified person” as such term is defined in National Instrument 43-101 and has reviewed and
approved the technical information and data included in this presentation.
Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated or Inferred Resources
The information presented uses the terms “measured”, “indicated” and “inferred” mineral resources. United States investors are advised that while such terms are
recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize these terms. “Inferred mineral
resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an
inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of
feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be
converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically
or legally mineable.
2
3. Investment Advantage
TSX:CRK OTCQX: CROCF
Assets
3.175 million ounces M&I and 2.14 million ounces inferred resources
Over 3,300 km2 land package with proven historical production
Significant infrastructure and accessibility
Production
2.4 million tonne per annum processing facility
Expanding production profile with decreasing cash costs
New projects in the pipeline
Exploration
Outstanding potential to discover additional resources
Extensive exploration project and development pipeline
Exploration strength with excellent joint venture opportunities
3
4. Our Assets
TSX:CRK OTCQX: CROCF
Location
Total Surface area:
3,300km2
Northern Territory
Historical Gold
Production: 14.9 million
oz. (3 million oz. from
Crocodile Gold
tenements)
Infrastructure
Existing infrastructure
with replacement value
of $200M
Adjacent to major
highway and utilities
(natural gas and power
lines)
Road, rail and deep sea
port in close proximity
4
5. Our Assets
TSX:CRK OTCQX: CROCF
Core Asset
Rising Tide Production (Dry Season)
Pre-Production
Cosmo
(Production Summer 2012)
West Howley Production
Burnside
North Point Production (Dry Season)
Princess Louise Production (Dry Season)
Western Arm/
Exploration
Bridge Creek
Prospect Advanced Exploration
Union Reefs
Crosscourse Advanced Exploration
Pine Creek International Pre-Production (permitting)
Maud Creek Main Zone Exploration
Moline Hercules/School/Moline Exploration
5
6. 2012 Production Forecast
TSX:CRK OTCQX: CROCF
2012 Key Catalysts
Production from Cosmo
– Initiate ramp-up in Q1 of 2012
– On target to produce 50-60,000
in 2012
– Will contribute 50% of ounces at
full production (800,000 TPA ore)
Increasing % of high grade mill feed
throughout the year from Cosmo
Advanced exploration program to
further production targets.
2012 Guidance 2012 Production Sources 2012 Major Capital Investments
75,000 – 85,000 Open Pits: West Howley, Rising Cosmo infrastructure
Ounces Tide, North Point/Princess Louise Union Reefs mill improvements
Underground: Cosmo Exploration
6
7. Production Pipeline
TSX:CRK OTCQX: CROCF
Generative Advanced Development
Production
Exploration Exploration Projects
Greenfields Reserve Extensions Union Reefs West Howley
Burnside Cosmo Pine Creek Rising Tide
Underground
Moline Maud Creek Princess Louise
Yam Creek Trend
Maud Creek Cosmo
Extension Gandys Underground
Base Metal Identified Resources
Potential
Union Reefs
Historical Resources Underground
Golden Dyke Bridge Creek,
The Greeks Western Arm, Bons
Rush, Kazi
Mt Bonnie
Iron Blow
Moline
7
8. Cost Comparison
TSX:CRK OTCQX: CROCF
Burnside Pine Creek Union Reefs
Cosmo Underground
Open Pits Open Pits Underground
$2.50 Mining Cost per Tonne $44.00 $2.50 $80.00
6.5 Strip Ratio N/A 3.1 N/A
$18.75 Mining Cost per Tonne Milled $44.00 $9.00 $80.00
$16.00 Processing Cost $16.00 $17.00 $16.00
$8.25 Ore Haulage $8.50 $2.00 $1.00
$5.00 Site General & Administration $5.00 5.00 $5.00
$48.00 Total $/Tonne Milled $73.50 $45.84 $102
1.50 Ore Grade g/t Au 4.50 2.16 6.00
93.0% Recovery 92.0% 90% 92.0%
$1,070 Cost per Ounce $552 $729 $575
Open Pit Mines Cosmo Underground Mine Pine Creek/Union Reefs
Provide good margin Provides leverage of additional high- Pine Creek Open Pits (International)
(>US$500) to current gold grade ore leading to significantly lower – Proximity to processing facilities means less
price cash costs/oz. transport costs
Lower grade leads to higher Will eventually make up 40% of mill Union Reefs Deposits (Prospect/Crosscourse)
cash cost feed (50% of ounces) which will: – High-Grade targets show excellent potential to
– Lower overall costs deliver low cost ounces to the production profile
Note: This chart is for comparison purposes – Improve overall production Need to expand resources and complete detailed mining
only. Actual figures may be different from the
ones posted here. Potential for expansion at depth and on studies before deposits can be included in any future
West Lodes production forecasts
8
9. Exploration
TSX:CRK OTCQX: CROCF
Strategy
Growth through greenfields and brownfields exploration
Exploration Goals
Reserves: Replace & Increase reserves from 650,000 oz to 1M
oz.
Resources: Replace & Increase resources from 5M oz to 6M oz
Discover “new” precious metal deposits
Continue to Assess the Company’s 3,300km2 land position
2012 Objectives
Union Reefs: 10,000m drilling, resource statement for scoping
study to establish an exploration decline.
Maud Creek: Revise resource statement & update scoping
study in order to take decision on Pre-feasibility.
Assessment of information collected in 2011 for identification
of next opportunities
9
10. Exploration - Union Reefs
Underground Deposits TSX:CRK OTCQX: CROCF
Historical Production
800,000 oz Au
Ore successfully treated at the Union Reefs mill
Located within 1,000m from existing infrastructure
2011 Key Exploration results1
Prospect: 4.23m@27.0g/t Au, 4.5m @7.1 g/t Au
Crosscourse: 181.2m@1.81g/t Au, 12.3m @8.9g/t Au
2012 Key Milestones
Completion of 10,000m drilling program – April 2012
Update of resources model & desktop study – May 2012
Board decision on Phase II – Underground exploration
decline – July 2012
Note 1: Refer to previous press releases dated for detailed results
10
11. Exploration - Maud Creek
Surface/Underground deposit TSX:CRK OTCQX: CROCF
Historical Production Future Development
173,600t @3.32g/t Au for 18,500oz Open pit followed by underground operation
Resource: Partially refractory – metallurgical testing
Indicated - 9,288,000t @ 3.1g/t Au for 935,000oz indicates 90-95% recovery by flotation with
Greater than 4.5g/t Au – 3.1 Mt @ 6.3 g/t for 628,000oz
concentrates grading 3-6 opt.
Inferred - 1,072,000t @2.4g/t Au for 82,000oz (using a 1.0g/t Au cut-off) Near the town of Katherine – 8km haul road to
paved highway
2011 Work Completed
Significantly expanded land position, 600+km2
3,461m of drilling
Internal scoping study
2012 Key Milestones
Compilation of drilling results – March 31, 2012
Update of resources model & scoping study – June 30
2012
Board decision on Phase II – 10,000m of drilling with
associated metallurgical testing
Board decision on Phase III – Initiate pre-feasibility
study – Q4 2012
11
12. Our Growth Strategy
TSX:CRK OTCQX: CROCF
Short Term – Focus on higher quality ore
– Commissioning and Ramp-up of Cosmo underground mine
– Optimization of the Burnside area
– New production from the Union Reefs and Pine Creek areas
Medium Term – Maximize value of gold assets
– Increase production from higher grade deposits
– Consolidation of assets
– Continued investment in exploration on an annual basis
– Expansion of processing capabilities - scenario
Long Term – Explore
– Development of Maud Creek Deposit
– Generate value out of the base metal deposits, currently 500,000
equivalent AU oz. in resource
12
13. Our Growth Strategy
What could CRK look like? TSX:CRK OTCQX: CROCF
500 $1,500
400
Thousands oz.
$1,000
300
200
$500
100
0 $0
2010 2012 2014 2016 2018 2020
Burnside Cosmo UR/Pine Creek Maud Creek Cash Cost/oz.
Assuming the following:
Continued production from Burnside, new production from UR/Pine Creek Surface & UG
Successful conversion of resources into reserves
Expansion of processing facilities by 2014
Permitting, construction and operation of Maud Creek by 2016
13
14. Capital Structure &
Price Comparison TSX:CRK OTCQX: CROCF
Share Structure (At February 29, 2012)
$1.20
Basic*: 310,027,546 Historical Price
$1.00
Warrants: 69,499,116 $0.80
Options: 19,441,204 $0.60
$0.40
Fully Diluted#: 401,615,366
$0.20
Market Capitalization: $192.2 Million
$0.00
52 Week Trading Range $0.47 – $1.63
* A $30,000,000 private placement bought deal was announced on February 22nd . Once the deal
closes on March 15th 2012 , a minimum of 60,000,000 shares will be issued.
#Including 2.5 million shares to be issued under the Company Share Compensation Plan
2.0
Price to Net Asset Value
Economic Value/oz Au Price to Net Asset Value Comparison
1.5
EV/oz Au Producer Average = Valuation at 0.5x net assets
$US 145/oz Share price trading at a discount
1.0
Crocodile Gold = $US 45/oz when compared to peers
Source: NBF on June 15, 2011 Source: Raymond James Updated as of June 14,
2011 0.5
Analyst Coverage 0.0
Cormark Securities Raymond James Union Securities ORA CRK AGI GSC LSG YRI ANO ELD AEM
14
15. Management
TSX:CRK OTCQX: CROCF
Chantal Lavoie, P.Eng. President & Chief Executive Officer, Chairman
Mr.Lavoie is a Professional Mining Engineer with extensive experience in mining operations and projects. Mr. Lavoie has spent the last
eight years at De Beers Canada Inc. ("De Beers") where he was responsible for the Canadian operations of De Beers including Snap Lake
and Victor mines, the Gahcho Kue project and was acting CEO of De Beers. Mr. Lavoie has also worked for Barrick Gold Corporation at
Goldstrike in Nevada and Aur Resources Inc. at the former Louvicourt mine.
David Keough Chief Operating Officer
David Keough has held several senior leadership positions with companies including Goldcorp (South America), Wheaton River (Asia
Pacific), Minera Alumbrera Ltd. (Argentina) and Placer Dome Inc. (Asia Pacific). David has been involved in the mining industry for more
than 25 years and brings international and Australian experience in mining and exploration, project evaluation, feasibility studies,
construction and project and business development. He has extensive operational experience in both large open pit and underground
precious metal mines.
Steve Woodhead Chief Financial Officer
Mr. Woodhead is a Chartered Accountant (South Africa) with 20 years of experience in the natural resources and public sectors. Stephen
has served in senior financial positions with several public companies, including as Chief Financial Officer of Desert Sun Mining Corp.
until it was acquired by Yamana Gold Inc. in 2006. He currently serves on the Board of Directors of Vaaldiam Mining Inc.
Bill Nielsen, P. Geo Vice President Exploration
Mr. Nielsen is an accredited geologist with over 35 years of worldwide mineral exploration and development experience. Most recently,
he has been working as a senior industry consultant to mining exploration companies working with a variety of commodities in various
countries and geological environments. From 2003 to 2008, Mr. Nielsen was the V.P. Exploration of Nevsun Resources Ltd., where he
played a significant role in the discovery of the Bisha gold-VMS deposit in Eritrea. He has worked with the Forbes and Manhattan group
since early 2010.
15
16. Investment Advantage
TSX:CRK OTCQX: CROCF
Assets
3.175 million ounces M&I and 2.14 million ounces inferred resources
Over 3,300 km2 land package with proven historical production
Significant infrastructure and accessibility
Production
2.4 million tonne per annum processing facility
Expanding production profile with decreasing cash costs
New projects in the pipeline
Exploration
Outstanding potential to discover additional resources
Extensive exploration project and development pipeline
Exploration strength with excellent joint venture opportunities
16
17. Investor Contact Information
TSX:CRK OTCQX: CROCF
Crocodile Gold Corporation
Chantal Lavoie Investor Relations
President and CEO Rob Hopkins
416-861-2964 416-861-5899
clavoie@crocgold.com info@crocgold.com
TSX: CRK
OTCQX: CROCF www.crocgold.com
FRANKFURT: XGC Find us on
A Member of the Forbes & Manhattan Group of Companies
17
19. Reserve Summary
December 31, 2010 TSX:CRK OTCQX: CROCF
PROBABLE MINERAL RESERVE
Gold Grade Ounces
Project Deposit Cut-off (g/t) Tonnes
(g/t) Gold
Burnside Brocks Creek 7.1 34,000 8.6 9,300
Cosmo Deeps 3.1 3,100,000 4.2 420,000
Howley 1.0 340,000 1.6 18,000
North Point 1.0 55,000 2.3 4,000
Princess Louise 1.0 200,000 1.5 9,700
Mottrams 1.0 980,000 1.2 39,000
Pine Creek Kohinoor 1.0 290,000 1.9 18,000
Cox 1.0 500,000 1.6 26,000
International 1.0 1,300,000 1.5 65,000
Gandys 1.0 480,000 1.7 26,000
South Enterprise 1.0 420,000 2.0 27,000
TOTAL 7,699,000 2.7 662,000
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability
Gold Price: $US1000/oz
$A:$US 0.91
Note: Mineral Reserves are included in Mineral Resources. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Depleted for mining as at December 31, 2010 and does
not include any depletion for mining since such date.
The Mineral Reserve estimate was reviewed and optimized by Mark Edwards who is a “qualified person” as such term is defined in National Instrument 43-101 and has supervised the preparation of the technical
information and data included in this news release. The mineral resource estimate was generated using the following parameters:
• Models used have been reviewed and optimized by Mark Edwards and Fleur Muller
• Model technique is Ordinary Kriging, Multiple Indicator Kriging or Inverse Distance (review NI43-101 for more details)
• Mineralization wireframes conducted on 0.4-2g/t material with a minimum width of 1-2m depending on deposit and mineralization styles
• High grade top cut used of 2-40g/t depending on statistical review of sample results
• 1m metre samples with core half core or split RC samples used in models
• Samples were generally submitted to NAL and analyzed using 50g fire assay with AAS finish, some samples were submitted to umpire laboratory for QAQC purposes
19
20. Resource Summary
December 31, 2010 TSX:CRK OTCQX: CROCF
M+I MINERAL RESOURCE INFERRED MINERAL RESOURCE
Project Tonnes Gold Grade (g/t) Ounces Gold
Tonnes Gold Grade (g/t) Ounces Gold
A
Mt Bundy* 20,241,000 1.0 664,800 10,513,000 1.0 350,800
Burnside* 16,553,330 2.4 1,268,500 18,679,800 2.2 1,323,200
Union Reefs 239,000 2.4 18,200 3,740,000 1.7 204,200
Pine Creek 5,528,000 1.6 288,600 2,347,000 2.4 183,200
Maud Creek* 9,288,000 3.1 935,000 1,072,000 2.4 82,000
Total 51,849,330 1.9 3,175,100 36,351,800 1.8 2,143,400
*Includes Underground Resources
A
Crocodile Gold holes 80% interest in the Rustlers Roost deposit which is included in this Project
Please Note: Mineral Resources include Mineral Reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to
the uncertainty of measured, indicated or inferred mineral resources, these mineral resources may never be upgraded to proven and probable mineral reserves.
Calculated at a gold price of US$1,000>/oz and exchange rate of $A0.91:US$1.00 ) and contained within optimizing pit shells using current operating costs
MINERAL RESOURCE STATEMENT (Other Commodities)
INFERRED MINERAL RESOURCE
Project Deposit Commodity Cut-off Tonnes Grade (ppm) Contained metal
Lead 1.0g/t Au 3,175,000 7,595 53,163,000 pounds
Iron Blow Zinc 1.0g/t Au 3,175,000 32,823 229,750,000 pounds
Burnside Silver 1.0g/t Au 3,175,000 101 10,200,000 ounces
C
Thunderball Uranium 200ppm 316,800 796 556,000 pounds
C
Crocodile Gold has a 30% free carried interest in this deposit
20
22. Burnside – Howley Trend
Development - Cosmo TSX:CRK OTCQX: CROCF
Underground Mine
Target production of
800,000 TPA
Initial ore Q3, 2011
Ramp-up to full production
in 2012
East Lodes - Reserves
& Resources
Main focus of initial
production
Expansion potential at
depth
22
23. Burnside - Howley Trend
Development - Cosmo TSX:CRK OTCQX: CROCF
West Lodes - Resources
• Significant potential for expansion
• Present development plan limited to near surface portion
• Infrastructure design to handle future development
23
24. Burnside - Howley Trend
Cosmo Development TSX:CRK OTCQX: CROCF
Western
Lodes
3D Isometric View & Composite
Development Plan
24
25. Pine Creek/Union Reefs
New Production - 2012 TSX:CRK OTCQX: CROCF
Improving the cost profile
Production close to Union Reefs mill with minimum
transport cost
Potential for both surface and underground mines,
higher grade ore
Pine Creek – International Open Pit
In the permitting process
Potential to add to 2012 production profile.
Union Reefs – Underground Ore Bodies
Located on granted mining lease and ability to bring in
to production very quickly
Next to the process plant so essentially no trucking
costs
Several high grade intersections over 3 distinct ore
bodies (Prospect, Lady Alice, Crosscourse)
25
26. Exploration
Regional Program TSX:CRK OTCQX: CROCF
Airborne Geophysics
More than 4,000 line km’s completed of
AEM and magnetometer survey
Geotech VTEM system- state of the art
Includes Moline and Maud Creek tenements
Ground follow-up of individual targets
underway
Review of historical information
Major database compilation in progress of
all past work including government files
Will ultimately be able to access and
manipulate all past geochemical and
geophysical surveys. Tens of thousands of
geochemical sample results available.
It is anticipated that thousands of past drill
holes with assays and logs will be found and
incorporated into the database
Acquired high resolution satellite imagery
for all areas Airborne Geophysical
Survey Areas 26
28. Exploration
Burnside Area TSX:CRK OTCQX: CROCF
Reserves & Resources
• 1.2M oz of Measured &
Indicated
• 1.3M oz of Inferred
Howley Trend:
a 25 km long structure with
additional deposits of interest
Includes Cosmo Underground
and Howley Open Pits
Eastern Side
Similar trend with known
deposits – past production
Presence of base metal
deposits with significant
precious metal content
Cosmo look-a-likes 28
29. Exploration
Union Reefs/Pine Creek area TSX:CRK OTCQX: CROCF
Reserves & Resources
• 306,800 oz of Measured &
Indicated
• 387,400 oz of Inferred
Potential
New targets adjacent to Union
Reefs Mill
Potential for near term, low cost
production
2011 focus on shallow and near
surface deposits
29
30. Exploration
Other Key Strategic Assets TSX:CRK OTCQX: CROCF
Massive Sulphide
Deposits
Iron Blow
Mount Bonnie
Gold Deposits
Mt. Bundy
Moline
Uranium Deposits
Thunderball
30
31. Exploration – Strategic Assets
Massive Sulfide Deposits TSX:CRK OTCQX: CROCF
Mount Bonnie Iron Blow
Historic Resource* Historic Production
650,000t - 1.7g/t Au, 279g/t Ag = Au eq 9.3g/t or 10,000t oxide @ 9g/t Au and 250g/t Ag = Au eq
194,000oz 15.8g
plus 9% Zn, 2% Pb, 0.5% Cu 25,000t sulphide (supergene) @ 7g/t Au and
360g/t Ag = Au eq 17g
Oxide Cap previously mined
Total production Au eq = 18,747oz
110,000t @ 7g/t Au and 230g/t Ag
Current Inferred Resources
Au eq = 13.3g/t Au or 47,000oz Au
3,175,000t @ 2.1g/t Au, 101g/t Ag, 3.3% Zn,
Aeromagnetics- tilt derivative
0.76% Pb, 0.19% Cu
Au eq = 4.85g or 495,000oz
(only Au and Ag considered)
* “Gold Deposits of the Northern Territory” by Ahmad, Wygralak and Ferenczi, 2009. A qualified person has not done sufficient work to classify this historical estimate as current mineral
resources or mineral reserves. Crocodile Gold is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not be relied upon.
Crocodile Gold believes with minimal confirmatory drilling this historic resource information could be included in the Mineral Resource inventory.
31
32. Exploration
Mount Bundy Area TSX:CRK OTCQX: CROCF
Reserves & Resources
664,800 oz of M&I
350,800 oz of Inferred
Infrastructure:
Tom’s Gully mill, presently on
Care & Maintenance
Deposits
Tom’s Gully
Mt Bundy (Rustler’s Roost)
Quest 29
Way Forward
Evaluating possible divestment
32