Triumph Project

Triumph Project – (100% MBK) – Gold

Open Pit Mining Concept – High-grade Au-Ag

• Multiple near surface high-grade Au-Ag intersections from limited drilling
• Drilling to develop Open Pit Mining Concept
• Bulk tonnage Au-Cu-Mo Potential defined– similar to other intrusion related large gold deposits in Qld
• Large 15km² gold system 95% concealed by shallow sediment

Exploration by MBK on the Triumph project has discovered a large underexplored gold system through greenfields exploration around a historical goldfield. The 15km² gold system is 95% concealed beneath shallow alluvium and MBK has a unique opportunity and ‘first mover’ advantage to generate and drill test tier one and two targets on this previously unrecognised large gold system.

Further information is available by clicking the following MBK ASX releases:

Advance prospect

• 13/02/18 – Significant Gold Result in Initial Drilling – Advance Prospect
• 27/07/2017 – New Gold Targets Defined at Bald Hill and Advance Prospect

New Constitution prospect

• 17/01/18 – Additional High Grade Results – New Constitution Prospect
• 15/08/2017 – Near Surface High-Grade Gold Target – New Constitution Prospect, Triumph Project
• 01/03/2017 – New Constitution and Bald Hill Drilling Update
• 24/01/2017 – New drilling reinforces bulk tonnage target
• 28/11/2016 – High grade structures intersected above bulk tonnage target
• 05/09/2016 – High grade gold mineralisation intersected
• 21/06/2016 – New gold-silver zones identified

Big Hans – Super Hans prospect

• 31/01/18 – Gold Corridor Defined – Big Hans Prospect, Triumph Project
• 7/08/2017 – Triumph Project – High Grade Gold Intersected in Target Corridor

Bald Hill prospect

• 27/07/2017 – New Gold Targets Defined at Bald Hill and Advance Prospect
• 01/03/2017 – New Constitution and Bald Hill Drilling Update
• 17/01/2017 – More targets return high grade gold
• 14/09/2016 – High grade gold zone defined in shallow drilling
• 20/06/2016 – High grade gold-silver-copper mineralisation
• 06/06/2016 – Near surface high grade gold
• 22/07/2014 – High grade target defined
• 29/04/2014 – Initial drill results

Bald Hill West prospect

• 12/07/2016 – New targets identified

Bulk Tonnage Targets – Chief Adachi prospect

• 04/09/2017 – Bulk Tonnage Target Update – Chief Adachi Prospect, Triumph Project
• 03/06/2017 – Drilling intersects strong evidence of bulk tonnage style mineralisation

Handbrake Hill prospect

• 17/01/2017 – More targets return high grade gold
• 12/07/2016 – New targets identified

Competent Persons Statement

The information in this document that relates to Exploration Results is based on information compiled or reviewed by Mr Tony Schreck, who is a Member of The Australasian Institute of Geoscientists. Mr Schreck is an employee of the Company. Mr Schreck has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which 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 Schreck consents to the inclusion in the report of the matters based on his information in the form and context in which it applies.

The Exploration Targets described in this summary of projects are conceptual in nature and there is insufficient information to establish whether further exploration will result in the determination of Mineral Resources. Any resources referred to in this summary are not based on estimations of Ore Reserves or Mineral Resources made in accordance with the JORC Code and caution should be exercised in any external technical or economic evaluation.