

14VKRC015

5m @ 9.3 g/t gold from 26m

8m @ 0.7 g/t Au from 8m



14VKRC016

2m @ 1.2 g/t gold from 21m



14VKRC017

2m @ 5.7 g/t gold from 44m

1m @ 2.6g/t gold from 10m

3m @ 1.5 g/t gold from 21m



14VKRC019

3m @ 8.2 g/t gold from 40m

3m @ 0.7g/t gold from 30m

Auger defined gold anomalies

Hole

MGA_94_East

MGA_94_North

mRL

Total

Depth

Az

Dip

From

To

Interval

(m)

Au

(ppm)

Prospect

14VKRC015

412,901

6,420,074

277

80

270

-60

8

16

8

0.7

B2

26

31

5

9.3

inc.

29

30

1

29.7

14VKRC016

412,937

6,420,086

275

80

270

-60

20

24

4

0.75

B2

inc.

21

23

2

1.2

44

46

2

5.7

14VKRC017

412976

6420082

278

80

270

-60

10

11

1

2.6

B2

22

25

3

1.5

40

43

3

8.2

14VKRC019

412,860

6,419,919

279

80

270

-60

30

33

3

0.7

B2

14VKRC027

407,979

6,420,977

303

142

270

-60

124

125

1

3.1

B4

129

130

1

3.8

14VKRC028

407,940

6,420,946

300

124

270

-60

75

79

4

1.4

B4

inc.

75

76

1

4.4

Criteria

JORC Code explanation

Certified Person Commentary

Sampling techniques

Na tu re an d q uality of samplin g (e g cu t cha nne l s , ra ndom chi ps , or s pe ci fi c

s pe ci a l i s e d i ndus try s ta nda rd me a surement tools a ppropriate to th e mi ne rals und er investigati on, s uch a s down hol e ga mma s onde s , or ha ndheld XRF instruments, etc). These e xa mpl e s s houl d not be ta ke n a s

limitin g th e b road me an in g of s amp lin g.

Sa mpling was underta ke n us i ng s ta nda rd i ndus try pra cti ce s wi th re ve rs e ci rcu lation (RC) d rill i n g.

Sampling techniques

I n cl ud e re feren ce to measures taken to e ns ure s ample re presenti vi ty a nd the

ap p rop riate calib ration of an y me a surement tools or s yste ms u se d .

Drill h ole co -ordi na te s a re i n UTM gri d (GDA94 Z51) a nd we re me a s ure d by ha nd -he l d GPS wi th a n a ccura cy of ±4 me tre s .

Sampling techniques

As pe cts of the de te rmi na ti on of

mi n e ralisation th at are Ma terial to th e Pu b l ic Re port. I n cases wh ere 'i ndustry s ta nda rd' work ha s be e n done thi s wou l d b e re lative ly simple (eg 're verse ci rcu l ation d rilling was u sed to obtain 1 m s a mp l e s from wh i ch 3 kg wa s pul ve rised to produce a 30 g cha rge for fi re a s s a y'). I n oth e r ca s e s more e xpl anation ma y be re quire d, s uch a s whe re the re i s coa rs e gol d tha t ha s

i nhere nt sampling problems. Unus ua l commod ities or mi neralis ation typ e s (e g s u bmarine n od ul e s ) may wa rran t d is clos u re of d e taile d in formation .

RC dri lling wa s us e d to obta i n 1 m s a mpl e s from whi ch 3 kg wa s

pul ve ri s e d to produce a 50 g cha rge for fi re a s s a y.

RC s amp le s we re s p lit u s in g a rig-mounte d cone s pl i tte r on 1m

i n te rvals to obtain a sample for assay. 5m Comp osite sp e a r s a mp l e s we re collected for e ach h ole. 1m samples we re su bmitte d to th e l a b for in te rvals of min e ralis ation or an omalis m >~0.1 g/t gol d .

Drilling techniques

Dri l l typ e (e g core , reve rse circu lati on ,

op e n -hole h amme r, rota ry air b las t, au ge r, Bangka, sonic, e tc) an d d e tails (e g core d iameter, tri p l e or s ta n d a rd tube , de pth of di a mond ta i l s , fa ce - s a mpl i ng bi t or othe r type , whe the r core i s ori e nte d a nd i f s o, by wha t me th od , e tc).

RC face s amp lin g d rilling was comp le te d u s in g a 5.75" d rill b it.

Drill sample recovery

Me thod of re cordi ng a nd a s s e s s i ng

core a nd chip sampl e re cove ri e s a nd re su l ts a sse sse d .

Re ve rs e circu lation sample recoveries were vi sually e stimated to be of

a n i ndus try a cce pta bl e s ta nda rd. Moi s ture conte nt a nd s a mpl e re cove ry i s re cord e d for e a ch RC s a mp l e .

Drill sample recovery

Me as ures taken to maximis e s amp le re cove ry a n d e n s u re re p re s e n ta ti ve

na ture of the s a mpl e s .

Th e ma jority of s amples were d ry a n d ve ry l imited ground wate r wa s e ncounte re d.

Drill sample recovery

Wh e th er a re lationship exists b etween

s a mpl e re cove ry a nd gra de a nd wh e th e r s amp le b ias may h a ve occurre d due to preferential l oss/ga i n of fin e /coa rs e mate rial.

No bi a s wa s note d be twe e n s a mpl e re cove ry a nd gra de .

Logging

Whe ther core and chip sa mpl e s ha ve

be e n geologically a nd ge ote chni cally l ogged to a l evel of d e ta i l to s u p p ort ap p rop riate Min e ral Re s ou rce e s ti ma ti on, mi ni ng s tudi e s a nd

Th e d e tail of l ogging is considered suitable to su pport a Mi neral

Re s ource estimation.

me tallu rgical s tu d ie s .

Wh e th e r loggin g is q u alitati ve or qua ntitati ve in n atu re . Core (or

cos te an, cha nne l , e tc) photogra phy.

Loggi n g of lith ology, s tructure , alteration, min eralisation, re golith and ve in in g was u n d e rtake n at 1m in te rvals .

Th e tota l length a nd p ercentage of th e

re l e va n t i n te rs e cti on s l ogge d .

All d rill h ole s we re logge d in fu ll.

Sub-sampling techniques and sample preparation

I f core , whe the r cut or s a wn a nd

wh e th er q uarte r, h alf or all core ta ken .

Drilling was comp le te d u s in g RC.

Sub-sampling techniques and sample preparation

I f n on -core , whe the r ri ffl e d, tube

s a mpled, rotary s plit, e tc an d wh e th e r s a mpl e d we t or dry.

Re ve rs e circu lation h oles were sampled a t 1m in tervals collected via a

cycl one , dus t col l e cti on s ys te m a nd cone s pl i tte r.

Sub-sampling techniques and sample preparation

For all s amp le typ e s , th e n atu re ,

qua l i ty a nd a ppropri a te ne s s of the s a mpl e pre pa ra ti on te chni que .

Sa mp les were an alysed at I ntertek Genalysis in Pe rth . Sa mp l e s we re

dri e d at approximately 120°C wi th the sample then bei ng pre s e nte d to a rob otic ci rcuit. I n th e rob otic ci rcuit, a modified an d a u toma te d Boyd crus her crushes the samples to -2mm. The re sulting material i s the n passed to a series of modified LM5 pulverisers a nd ground to a nomi nal 85% passing of 75μm. The mille d pul ps we re we i ghe d out (50g) a nd underwe nt a na l ys i s by fi re a s s a y (me thod FA50/OE04).

Sub-sampling techniques and sample preparation

Qua l ity control procedures adopted for

all s ub-samplin g s ta ge s to ma ximis e re p re s e n ti vi ty of s a mp l e s .

Ge n e sis su bmitted standards a nd b lanks i nto th e sample s equen ce a s

p a rt of th e QAQC p roce s s . CRM's we re i n s e rte d a t a ra ti o of ap p roximate ly 1-in -40 s a mp l e s .

Sub-sampling techniques and sample preparation

Me a s ure s ta ke n to e ns ure tha t the s a mpling is re presentative of the in situ

mate rial colle cte d , in clu d in g for in s tan ce re s u lts for fie ld dupl i ca te /s e cond -h alf s amp lin g.

Sa mpl i ng wa s ca rri e d out us i ng Ge ne s i s ' protocol s a nd QAQC

proce dures a s per industry bes t pra cti ce . Dupl i ca te s a mpl e s we re

routi ne l y s ubmi tte d a nd ch e cke d again s t origin als .

Sub-sampling techniques and sample preparation

Wh e th er s ample sizes are a pp ropri a te to the gra in size of the materia l be i ng

s a mpl e d.

Sa mp le sizes a re considered to b e ap prop riate to corre ctly re p re s e n t the s tyl e of minera l i s a ti on, the thi ckne s s a nd cons i s te ncy of the

i n te rs e cti on s .

Quality of assay data and laboratory tests

The na ture , qua l i ty a nd

a ppropriateness of the a s s a yi ng a nd l a bora tory proce dure s us e d a nd whe ther the te chnique i s cons i de re d p a rtial or total.

An a l ytical samples were a nalysed th rough I ntertek Genalysis i n Pe rth .

All RC s amp le s we re an al ys e d b y 50g Fi re As s a y.

Quality of assay data and laboratory tests

For ge op hysical tools, s p e ctrome te rs ,

ha ndhe l d XRF i ns trume nts , e tc, the pa ra meters use d i n de te rmi ni ng the a na lysis i ncl udi ng i ns trume nt ma ke a n d model, re ading times, ca lib ration s fa ctors app lie d a nd the i r de ri va ti on, e tc.

No ge op hysical tool s we re u s e d to e s ti ma te mi n e ra l or e l e me n t

p e rce n ta ge s .

Quality of assay data and laboratory tests

Na ture of quali ty control proce dure s

a dopte d (e g s ta nda rds , bl a nks , d u p licates, e xternal laboratory ch e cks) a nd whe the r a cce pta bl e l e ve l s of a ccu ra cy (i e lack of b ias) a nd p recisi on ha ve be e n e s ta bl i s he d.

I n a ddition to Genesis' s tanda rds , dupl i ca te s a nd bl a nks , I nte rte k

Ge n alysis in corp orated lab oratory QAQC i n cl uding s tan dards , b l a n ks a n d re p eats as a standard p roced ure. Ce rti fied re fe re n ce ma te ri als th a t a re releva nt to th e typ e a nd s tyle of mineralisation ta rgeted were in s e rte d at re gu lar in te rvals .

Re s ults from ce rtified re fere nce material h ighligh t that s ample a s s a y valu e s a re accu rate .

Dupl icate a nalysis of samples s howe d the pre ci s i on of s a mp le s is with in acce p tab le limits .

Verification of sampling and assaying

Th e ve rification of s ign ifican t

i n te rsections b y e ither i nd ependen t or a l te rna ti ve compa ny pe rs onne l .

The Ma naging Director of Genesis a nd a n i nde pe nde nt cons ul ta nt

ve rifie d s ign ifican t i n te rce p ts .

Verification of sampling and assaying

The us e of twi nne d hol e s .

No twi n n ed h oles were completed. Exp loration of th e p roject is at a n e a rly s tage .

Docu me ntation of p rima ry d ata, d ata e ntry proce dure s , da ta ve ri fi ca ti on,

d a ta storage (p hysical and e l e ctron i c)

p rotocol s .

Loggi n g of d ata was completed i n th e field with logging data e n te re d us i ng a Toughbook with a s ta nda rdi s e d e xce l te mpl a te wi th drop

down fi e l ds .

Di s cuss any a d justment to a ssay d ata.

No a djus tme nts ha ve be e n ma de to a s s a y da ta .

Location of data points

Accu ra cy a n d q uality of surve ys used to

l oca te d rill h oles (collar a nd d own -hole s urve ys ), tre nches, mine workings a nd oth e r location s u s e d in Min e ral Re s ou rce e s ti ma ti on .

Al l ma ps and sample l ocations a re in MGA Zone51 GDA grid a nd h a ve

be e n measured by ha nd -he l d GPS wi th a n a ccura cy of ±4 me tre s .

Col l ar l oca ti ons we re pl a nne d a nd the n l a te r pi cke d up us i ng a ha ndheld Garmin GPS and down-hole s urve ys we re re cord e d wi th a s in gle s h ot in s tru me n t. Drill h ole d ip s va ry.

Location of data points

Spe ci fication of the grid s ys te m us e d.

Gri d s ys te m us e d i s the MGA Zone 51 GDA gri d

Location of data points

Qu ality a nd a dequ acy of top ograp h ic

con trol .

Dri l l h ole RL's are +-10. Topographic con trol is considere d a d e q u a te

for th e s ta ge of e xp l ora ti on .

Data spacing and distribution

Data s p acin g for re p ortin g of

Exp lorati on Re s ul ts .

Va ri able d rill h ole spacings were u sed to complete a first pas s te s t of

s ome p rospects . Min imu m lin e s s p acin g is ap p roximate ly 200m

Data spacing and distribution

Whe the r the da ta s pa ci ng a nd

di s tribution is suffi ci e nt to e s ta bl i s h th e d e gre e of ge ol ogi ca l a n d gra d e con ti n uity a ppropriate for th e Mi nera l Re s ource a nd Ore Reserve e sti ma ti on p roce d u re (s ) an d clas s ification s a ppl i e d.

The mi neralisation has not ye t been demonstrated to have s uffi ci e nt

con ti n uity to s upp ort th e d efinition of Mi neral Resource a nd Reserves unde r the cl a s s i fi ca ti on a ppl i e d unde r the 2012 JORC Code .

Data spacing and distribution

Wh e th er s ample compositing has been

a ppl i e d.

No compos i ti ng ha s be e n a ppl i e d.

Orientation of data in relation to geological structure

Whe ther the orientation of s a mpl i ng

a ch i eves u nbiased sampling of possible s tru ctu res a nd th e exten t to which this

i s known, considering the deposit type.

Th e p re cise d ip an d strike of th e mineralisation is n ot ye t kn own a n d

it is u n cle ar at th is s tage wh e th e r an y s amp lin g h as a s e t b ias .

Orientation of data in relation to geological structure

I f th e re lationship b etween th e d rilling ori e n tation an d th e orientation of ke y

mi n e ralised stru ctures is con sid ered to h a ve i ntroduced a sampling b i a s , th i s s hould be a s s e s s e d a nd re porte d i f mate rial.

No orie n tation b as e d s amp lin g b ias is kn own at th is time .

Sample security

Th e me asures ta ken to e nsure s amp l e

s e cu ri ty.

Cha i n of custody was managed by Ge nesis. No issues we re re porte d.

Audits or

reviews

Th e re s ults of a ny a udits or re vie ws of

s a mpl i ng te chni que s a nd da ta .

No a udi ts or re vi e ws of s a mpl i ng te chni que s a nd da ta we re

compl e te d.

Criteria

JORC Code explanation

Certified Person Commentary

Mineral tenement and land tenure status

Typ e , re fe re n ce n a me /n u mb e r,

l oca ti on a nd owne rs hi p i ncl udi ng agre e ments or mate rial is s u e s with thi rd pa rti e s s uch a s joi nt ve nture s , p a rtn e rs h ip s , ove rrid in g royaltie s , n ati ve ti tle i nterests, h is torical s ite s , wild e rn e s s or n ation al p a rk an d e nvi ronme nta l s e tti ngs .

Th e p roje ct covers an area of ab out 550km2 a nd i s cen tred on an a rea

a p p roximately 35km s outh east of Norseman, ap proxima te l y 170 km s ou th -southeast of Ka lgoorlie wi thi n the Dunda s Mi ne ra l Fi e l d of We s tern Australia. Unallocated Crown l and unde rl i e s the northe rn an d we s te rn ma rgin s of th e a re a with th e majority of th e a re a corre s p ondin g to l and de s i gna te d a s the Dunda s Na ture Re s e rve (36957).

Acce s s to th e p roje ct a re a from Kalgoorlie is via th e s e ale d Ce le b ration an d Kamb ald a road s to th e Coolga rd ie -Es pe ra nce Hi gh way to Norseman. Th e p referred access into th e p roje ct i s e a s t along th e old Te l e gra ph Tra ck, 18km s outh of Nors e ma n vi a the

Coolga rd ie -Es pe ra nce Hi ghwa y.

Angl oGold Ashanti ha s the ri ght to a de fe rre d pa yme nt of $2 pe r Me a s ured or I ndicated (JORC 2012) Re s ource ounce de fi ne d on or pa rti a l l y on the Te ne me nt Are a a s quote d i n the fi rs t publ i c a n n ouncement of a Me asured or I ndicated Resou rce on or p a rti a l l y on th e Te nement Are a. A roya l ty e qual to 1.25% of th e Ne t Sme l te r Re turn ge ne ra te d from the s a l e of a ny gol d produce d from the Te ne ment Are a, afte r comme rci a l producti on of 25 000 oun ce s i s p a yab le .

Th e Proje ct comp ri s e s e xp l ora ti on l i ce n ce s E63/1085, E63/1086, E63/1087, E63/1172, E63/1196 a n d E63/1198.

Th e s e curity of th e te nure h e l d a t th e

time of re p ortin g alon g with an y known i mpe di me nts to obta i ni ng a

l i ce n ce to op e ra te i n th e a re a .

The te ne me nts a re i n good s ta ndi ng.

A Cons erva tion Ma nagement Pl an i s i n pl a ce a nd a pprove d by the

De p a rtme n t of Pa rks an d Wild life .

Envi ronmental flora surveys a re re quired be fore ground di s turbi ng acti vitie s a re comp le te d .

He ri tage agreements are i n p lace. I n Dece mb e r 2012, a Nati ve Title d e te rmination was made re cognising "Native ti tle e xists i n re lation to th e lan d an d wate rs with in th e a re a of th e Ngad ju Trial Are a proce e di ng". Al l of the te ne me nts a re wi thi n the Nga dju de te rmi na ti on.

Exploration done by other parties

Acknowl e dgme nt a nd a ppra i s a l of

e xpl ora ti on by othe r pa rti e s .

An gl oGold Ashan ti completed th e followin g a ctivities b etween 2007

a n d 2013:

• Comp i lation a nd re view of historical e xploration

• Comp i lation of re gional ge ological a nd re golith maps

• Fi rs t-pass a nd follow-up /in fill a uger sampling

• Fi e ld map ping and rock-chip samplin g

• Ai rb orn e Ma gn etic s urve y completed a t re gional 200 m l i ne s p a cing and smaller p rosp ect areas surve yed at 50 m or 100 m l i n e s pacin g

• Ai rb orn e Electromagnetic su rvey comp leted over th e

Be a ker p rospect

• I n te rp retation of geophysical and geoch emical datasets

• Dri l ling at th e Beaker p rospect.

Geology

De p osit typ e , ge ological s e ttin g an d s tyle of min e ralis ation .

Th e Vi king Project te nements overlie favourable lithologies in cludi ng

Arch a e an re mnants within th e North ern Forelan d of th e AFO (i e th e

Nors e man Greenston e Belt). Mi neralisation d iscove red is associ a te d wi th n arrow q uartz sulp hide ve ins as well oxide mineralisation a t th e b as e of s ap rolite .

Drill hole

Information

A s u mmary of all in formation materia l to the unde rs ta ndi ng of the

e xp loration re s u lts in clu d in g a ta b u lation of th e following in formation for all Mate rial d rill h ole s :

o e a stin g a nd n orthing of the drill h ole collar

o e l e vation or RL (Re duced Leve l

- e leva tion ab ove s ea le ve l in me tre s) of th e d rill h ole col l a r

o di p a nd a zi muth of the hol e

o down hol e l e ngth a nd i nte rce pti on de pth

o hol e l e ngth.

Appropriate ta bulations for drill re sults ha ve be e n i ncl ude d i n thi s re le as e as Tab le 1.

Drill hole

Information

I f th e e xclusion of this i n formation is

jus ti fi e d on the ba s i s tha t the in formation is n ot Mate rial an d th is e xcl usi on doe s not de tra ct from the unde rs ta ndi ng of the re port, the Compe te nt Pe rs on s houl d cl e a rl y

Ap p rop riate ta bulations for d rill re sults h a ve be e n i ncl ude d i n thi s

re l e a s e .

e xp lain wh y th is is th e cas e .

Data

aggregation methods

I n re porti ng Expl ora ti on Re s ul ts , we i ghti ng a ve ra gi ng te chni que s ,

ma xi mu m a n d /or mi n i mu m gra d e trunca tions (eg cutting of high grade s ) a nd cut-off grades a re usu ally Ma terial a nd s houl d be s ta te d

No top cu ts we re app lied . I nterce pts results were formed from we i ghted averages.

Data

aggregation methods

Wh e re a ggre ga te i n te rce p ts

i n corp orate s hort l engths of high grade re s u lts and longer l engths of low grade re s ults, the proce dure us e d for s uch a ggre ga ti on s houl d be s ta te d a n d s ome typ ical e xamp le s of s u ch a ggre ga ti ons s houl d be s hown i n d e tail.

A ma xi mum of 1m of i nternal d ilution was in cluded .

Data

aggregation methods

The a s s umpti ons us e d for a ny

re p orti ng of me tal e q u i vale n t valu e s s houl d be cl e a rl y s ta te d.

No me ta l e quivalent va lues are cu rre ntly u sed for re porting of

e xp l oration resu lts

Relationship between mineralisation widths and intercept lengths

Th e s e relation s h ip s a re p a rticu la rly

i mporta nt i n the re porti ng of

Exp loration Re s u lts .

I f th e ge ometry of th e min eralis ation wi th re sp ect to th e d rill h ole an gle is known, its nature s hould be re porte d.

I f i t i s not known a nd onl y the down h ol e l engths are re p orted, there should b e a cl ear s tatement to th is e ffe ct (e g

'down hol e l e ngth, true wi dth not known').

An a ccu ra te d ip a nd s trike a nd th e co n trols on mineralisation a re ye t

to be de termined a nd the true wi dth of the i nte rce pts a re not ye t known.

Onl y down hol e l e ngths a re re porte d.

Diagrams

Appropriate maps a nd s e cti ons (wi th s ca les) and tabula ti ons of i nte rce pts

s h ould b e inclu ded for a ny s i gn ifican t d i s cove ry b eing re porte d Th ese s hou ld i ncl ude, but not be l i mi te d to a pl a n vi e w of d rill h ole collar l oca ti on s a n d ap p rop riate s e ction al vie ws .

Ap p rop riate maps a nd s ections are i nclud ed in this re lease.

Balanced reporting

Wh e re compreh ensive re portin g of all

Exp loration Results is n ot p racticab le , re pre sen tative re porti ng of both l ow a nd high grades a nd/or wi dths s houl d b e p ractice d to a void mis le ad in g re porti ng of Expl ora ti on Re s ul ts .

Ap p rop riate e xploration results a re re ported .

Other substantive exploration data

Oth e r e xp loration d ata, if me a n i n gfu l

a nd ma te ri a l , s houl d be re porte d

i ncl udi ng (but not l i mi te d to): ge ol ogical observation s ; ge op h ys ical s u rve y re s u l ts ; ge och e mi ca l s u rve y re s ul ts ; bul k s a mpl e s - s i ze a nd me th od of tre a tme n t; me ta llu rgical te s t re sults; b ulk d ensity, groun dwater, ge ote chnical an d rock ch aracte ri s ti cs ; p ote n tial d eleterious or con taminating s ubs ta nce s .

An gl oGold Ashan ti completed an a irborn e magneti c s u rve y a t 200 m

l i n e spacing with s maller p rospect a re a s s u rve ye d a t 50 m or 100 m

l i n e spacing. An airborne e lectromagn etic s urve y was completed over th e Be a ke r p ros p e ct.

Further work

The na ture a nd s ca l e of pl a nne d

fu rth e r work (e g te s ts for l a te ra l e xte ns i ons or de pth e xte ns i ons or la rge -s ca l e s te p -ou t d rilling).

Fu rth e r work will i nclud e systematic i nfill an d e xtensiona l d ri l l i n g of

the curre ntly defined min eralis e d s ys te m as we ll as follow u p of ai rcore an d au ge r an omalie s .

Further work

Di a grams clearly h ighligh tin g th e a reas

Ap p rop riate maps a nd s ections are i nclud ed in this re lease.