Projects/Disclaimer, JORC & VALMIN

General Disclaimer:

The information contained in this website has been prepared by Mantle Mining Corporation Limited (“Mantle” or “The Company”) and may not contain all information necessary for investment decisions. The website should not be considered as the giving of investment advice and each party who accesses the website must make its own independent assessment of the Company after making such investigations as deemed necessary. The Company, its directors, officers, agents, employees or advisors, do not represent, warrant or guarantee that the information on this website is complete or accurate.

JORC Code:

The information on this website that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Mark Maxwell and Mr Stuart Moore, both Executives of Mantle Mining Corporation Ltd. Mr Maxwell and Mr Moore are both Members of the Australasian Institute of Mining and Metallurgy and both have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Maxwell (for Coal) and Mr Moore (for Minerals) consent to the inclusion in the website of the matters based on their information in the form and context in which it appears.

VALMIN Code:

The information contained in this website may also include statements deemed “forward-looking statements”. Although the Company believes the expectations expressed in such statements are based on reasonable grounds and that those reasonable grounds have been disclosed, such statements are not guarantees of future performance and outcomes may differ. Where Technical Assessments (apart from Mineral Resource Reports) and Technical Value Reports are included in the information, such assessments and reports have been provided under Valmin 2015 by independent practitioners and the reasonable grounds on which they have been based have been disclosed. Projections or opinions contained in this website necessarily involve subjective judgements and assumptions and each party should satisfy itself in relation to such matters.

Company Held Mineral Resources:

Morning Star Mineral Resource (95% held by Mantle)
Class Tonnes Gold (g/t) Gold (oz)
Measured Underground 22,000  20.9  15,000
Indicated Underground 259,000 15.6 130,000
Inferred Underground 1,734,000 10.4 582,000
Total Underground 2,015,000 11.2 726,000
Measured Surface 736,000 2.0 47,000
Indicated Surface 973,000 2.2 56,000
Inferred Surface 1,079,000 2.3 80,000
Total Surface 2,608,000 2.2 184,000
Norton Mineral Resource (90% held by Mantle)
(above 2 g/t Au cut-off)
Class Tonnes Gold (g/t) Gold (oz) Silver (g/t) Silver (oz)
Indicated 107,000  6.2  21,200 15 50,300
Inferred 141,000 3.9  17,700 12 52,600
Total 248,000 4.9 38,800 13 103,000

Statements relating to Norton Mineral Resource are extracted from the report entitled “Norton Gold Mine Resource Estimate” created on 15 May 2015. “The information in this report that relates to Mineral Resources is based on information compiled by John Horton, Principal Geologist of ResEval Pty Ltd, who is a Fellow of the Australasian Institute of Mining and Metallurgy, a Member of the Australian Institute of Geoscientists. Mr Horton has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Horton consents to the inclusion in the report of matters based on his information in the form and context in which it appears.”

Granite Castle Mineral Resource (100% held by Mantle)
(above 1 g/t Au cut off)
Class Tonnes  Gold (g/t)  Gold (oz)  Silver (g/t) Silver (oz)
 Measured 111,000 4.3 15,500 58 205,800
Indicated 250,000 3.6 28,800 71 567,900
Inferred 403,000 2.5 32,900 56 727,200
Total 765,000 3.1 77,200 61 1,500,900

Statements relating to Granite Castle Mineral Resource are extracted from the report entitled “Improved Confidence Levels for Granite Castle Resource” created on 28 May 2008. “The information in this report that relates to Mineral Resources is based on information compiled by Dr William Yeo, a full time employee of Hellman and Schofield Pty Ltd. Dr Yeo is a Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr Yeo consents to the inclusion of the matters based on his information in the form and context in which it appears in this report.”

Charters Towers Mineral Resource (100% held by Mantle)
(above 1 g/t Au cut-off)
Class Tonnes Gold (g/t) Gold (oz)
Inferred 1,535,000 2.2 109,000
Total 1,535,000 2.2 109,000

Statements relating to Charters Towers (Great Britain) Mineral Resource are extracted from the report provided by Resource Evaluations Pty Ltd and entitled “Disclosure Document” created on 2 October 2006. “This report was completed under the overall supervision and direction of Gerry Fahey and the 3-D modeling and Mineral Resource estimation was carried out by Mark Drabble both of whom are Competent Persons as defined in the Australasian Code for the Reporting of Mineral Resources and Ore Reserves (JORC Code) 1999 Edition and who consent to the inclusion in this report of the matters based on his information in the form and context in which it appears.”

Bacchus Marsh Mineral Resource (50% held by Mantle)
(below 30% Ash cut-off)
Class Tonnes
(Bt)
Total Moisture
(%)
Ash
(% db)
Volatile Matter
(% db)
Fixed Carbon
(%db)
Total Sulphur
(% db)
Gross Dry Specific Energy
(Mj/Kg)
Inferred 1.6 56.3 10.4 47.2 42.4 3.4 24.5
Total 1.6 56.3 10.4 47.2 42.4 3.4 24.5

Statements relating to Bacchus Marsh Mineral Resource are extracted from the report entitled “Victorian Brown Coal Resources Update” created on 1 December 2015. “Information in this report that relates to Coal Resource estimates prepared by AMC Consultants Pty Ltd is based on information compiled by Ms K Zunica, who is a Member of the Australasian Institute of Mining and Metallurgy and is a full time employee of AMC Consultants Pty Ltd. The estimates are based on exploration data provided by Mantle Mining Corporation Ltd. Ms Zunica has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Ms Zunica has provided written consent to the inclusion in the report of the matters based on her information in the form and context in which it appears.”

Latrobe Valley Mineral Resource (100% held by Mantle)
(below 30% Ash cut-off, minimum 4m seam thickness)
Class Tonnes
(Bt)
Total Moisture
(%)
Ash
(% db)
Volatile Matter
(% db)
Fixed Carbon
(%db)
Total Sulphur
(% db)
Gross Dry Specific Energy
(Mj/Kg)
Inferred 225 61.3 7.6 50.7 41.7 0.4 23.6
Total 1.6 56.3 10.4 47.2 42.4 3.4 24.5

Statements relating to Latrobe Valley Inferred Mineral Resource are extracted from the report entitled “Victorian Brown Coal Resources Update” created on 1 December 2015. “The information compiled in this report relating to Coal Resource estimates prepared by Resolve Geological Pty Ltd is based on information compiled by Neil Biggs, who is a member of the Australian Institute of Geoscientists and who is employed by Resolve Geo Pty Ltd. Mr Biggs has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Biggs consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.”