ASX ANNOUNCEMENT / MEDIA RELEASE ASX:ABU

18 January 2016

Old Pirate Gold Mine - December Production Update

ABM Resources NL is pleased to provide an update on operations at the Old Pirate Gold Mine during December 2015.

Highlights

• Record tonnage of ore mined

• Record tonnage of ore processed

• Record ounces of gold recovered and poured

• Continuous processing introduced from mid-January

Production during December exceeded the level forecast in the revised mine plan for the operation (ASX release of 24 December 2015). The tonnage of ore mined and processed and the ounces of gold recovered to circuit and poured were all higher than any preceding month, as shown in the graph below.

22,500

20,000

Tonnes Mined/Milled

17,500

15,000

12,500

10,000

7,500

5,000

2,500

0

Old Pirate Production to 31 December 2015

Mar Apr May Jun Jul Aug Sep Oct Nov Dec

4,000

Ounces of Gold Recovered

3,500

3,000

2,500

2,000

1,500

1,000

500

0

Tonnes Mined Tonnes Milled Gold Recovered

Operations remain on track to achieve the targets set in the revised mine plan. Additional processing plant operators and maintenance staff have been engaged to enable processing to be carried out on a continuous basis, in place of the previous roster of two weeks on / one week off, from now until mining ceases in April 2016.

Production details for December and the project to date are presented in the table below.

Signed

Brett Lambert - Chief Executive Officer

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