2009–10 Co-funded Drilling Round 1

Applicant Name Co-funding reimbursed after completion of drilling program A1 Minerals Ltd Drilling not undertaken Alchemy Resources (Murchison) Pty Ltd $83,571.50 Aura Energy Ltd $24,044.83 Aurora Energy Ltd Drilling not undertaken AusQuest Ltd $95,000.00 AusQuest Ltd $90,000.00 Triton Gold Ltd $31,799.66 Triton Gold Ltd $81,530.61 Barrick Gold Limited $150,000.00 Beadell Resources Ltd $50,878.98 Beadell Resources Ltd $67,909.00 Corvette Resources Ltd $107,143.45 Crescent Gold Ltd Drilling not undertaken David Reed Syndicate $56,829.09* Echo Resources Limited $75,000.00 Encounter Resources Ltd $150,000.00 Enterprise Metals Limited $110,000.00 Goldfields Ltd - St Ives Gold Mine Pty Ltd $12,688.17 Goldfields Ltd - St Ives Gold Mine Pty Ltd $10,703.44 Gunson Resources Limited $75,000.00 Helix Resources Ltd Drilling not undertaken Ltd Drilling not undertaken Magnetic Resources NL $45,000.00 Murchison Metals Limited $115,708.77 NiPlats Australia Ltd $110,000.00 Rubicon Resources Ltd $141,988.00 Silver Swan Group Limited $117,818.18 Silver Swan Group Limited $132,054.55 Sipa Resources Limited $91,868.65 Ltd Drilling not undertaken Teck Australia Pty Ltd $150,000.00 Thundelarra Exploration Ltd $67,202.91 Toro Energy $59,545.56 U3O8 Limited $136,363.64 U3O8 Limited $43,200.00 * Approved increase in co-funding after amount offered found to be in error

2010-11 Co-funded Drilling Round 2

Applicant Name Co-funding reimbursed after completion of drilling program Abra Mining Limited Drilling not yet completed Abra Mining Limited Drilling not yet completed AC Minerals Pty Ltd (subsidiary of Apollo Drilling not yet completed Consolidated Ltd ASX: AOP) Alamar Resources Ltd (ASX:ALG) Drilling not yet completed Alamar Resources Ltd (ASX:ALG) Drilling not yet completed Anglo American Exploration (Australia) Pty Ltd $140,322.55 Aragon Resources Limited Drilling not yet completed Ashburton Minerals Ltd Drilling not yet completed Limited Drilling not yet completed Atlas Iron Limited Drilling not yet completed Atlas Iron Limited Drilling not yet completed AusQuest Ltd Drilling not yet completed Backreef Oil Pty Ltd Drilling not yet completed Beadell Resources Ltd Drilling not yet completed Beadell Resources Ltd Drilling not yet completed Cazaly Resources Limited $52,175.16 Complex Exploration Pty Ltd Drilling not yet completed Consolidated Minerals Pty Ltd Drilling not yet completed Cullen Resources Limited Drilling not yet completed Echo Resources Limited Drilling not yet completed Emu Nickel NL $47,000.00 Encounter Resources Ltd Drilling not yet completed Encounter Resources Ltd Drilling not yet completed Enterprise Metals Limited $63,455.24 Enterprise Metals Limited $59,758.40 Enterprise Metals Limited Drilling not yet completed Limited $10,995.80 General Mining Corporation Ltd Drilling not yet completed Goldtribe Corporation Pty Ltd $120,000.00 Goldtribe Corporation Pty Ltd $35,200.00 Gondwana Resources Limited Drilling not yet completed Goodz and Associates GMC Pty Ltd Drilling not yet completed Greatland Pty Ltd $60,000.00 Green Rock Energy Drilling not yet completed Green Rock Energy Drilling not yet completed Hampton Hill Mining NL $64,800.00 Harmony Gold (Australia) Pty Limited Drilling not yet completed Image Resources NL $80,000.00 Jaguar Minerals Limited Drilling not yet completed Magnetic Resources NL $69,228.74 Mega Redport Limited Drilling not yet completed Meteoric Resources NL Drilling not yet completed NiPlats Australia Ltd $120,000.00 Poseidon Nickel Limited Drilling not yet completed Premier Base Metals Drilling not yet completed Quadrio Resources (Dominion Mining) Drilling not yet completed Richmond Mining Limited Drilling not yet completed Royal Resources Limited Drilling not yet completed Saracen Mineral Holdings Limited Drilling not yet completed Shaw River Resources Limited Drilling not yet completed Silver Swan Group Ltd Drilling not yet completed Sipa Resources Ltd $98,786.72 Talisman Mining Limited Drilling not yet completed Tanami Gold NL Drilling not yet completed Teck Australia $120,000.00 Teck Australia Drilling not yet completed Traka Resources Ltd $89,635.85 Troy Resources NL Drilling not yet completed U3O8 Limited Drilling not yet completed URANEX NL Drilling not yet completed URANEX NL Drilling not yet completed Uranium Exploration Australia Limited (UXA) Drilling not yet completed