Top 10 Australian Gold Mines

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Melbourne Mining Club 6 October 2016 Jake Klein – Executive Chairman 2016 Melbourne Cup Made with gold from Evolution’s Cowal Gold Mine 2 Top 10 ASX gold companies Market Cap. Market Cap. Market Cap. December 1992 June 2009 October 2016 (A$M) (A$M) (A$M) Newcrest Mining 483 Newcrest Mining 16,144 Newcrest Mining 17,170 Normandy Mining 312 Lihir Gold 7,485 Evolution Mining 4,323 Leyshon Resources 197 Sino Gold Mining 1,888 Northern Star 2,847 Kidston Gold 190 Kingsgate Consolidated 639 OceanaGold 2,438 Dominion Mining 150 Dominion Mining 514 Regis Resources 2,009 Sons of Gwalia 145 Avoca Resources 442 St Barbara 1,611 Kingsgate Consolidated 84 St Barbara 411 Resolute Mining 1,324 St Barbara 63 Medusa Mining 330 Saracen Minerals 1,173 Emperor Mines 33 Gold One International 284 Perseus Mining 553 Johnson's Well Mining 30 Resolute Mining 250 Gold Road 543 3 Top 10 Australian gold mines FY16 Gold Production FY16 All-in Sustaining Costs Operation Company oz Operation Company A$/oz 1 Boddington Newmont 790,000 1 Cadia Valley Newcrest 376 2 Kalgoorlie Newmont / Barrick 726,000 2 Mt Carlton Evolution 742 3 Cadia Valley Newcrest 668,773 3 Cowal Evolution 776 4 Tanami Newmont 467,000 4 Kanowna Belle Northern Star 782 5 Telfer Newcrest 462,461 5 Gwalia St Barbara 783 6 Tropicana AngloGold / Independence 448,117 6 Tanimi Newmont 870 7 St Ives Gold Fields 359,800 7 Kundana JV NST / Tribune / Rand 888 8 Granny Smith Gold Fields 298,200 8 Duketon South Regis 924 9 Gwalia St Barbara 267,166 9 Duketon North Regis 934 10 Cowal Evolution 250,940 10 Jundee Northern Star 1,007 Source: Aurum Analytics, Evolution Mining 4 A sustainable gold company High quality, long life assets Exploration success Capital discipline Strong people culture Counter-cyclical M&A 5 Our people “Systems drive big mining companies, people drive Evolution” - Andrew Millar, Cracow GM . Talented and engaged workforce . Strong safety culture . Investing in developing our people . Graduate program . Guiding Our Leader’s Development program . Creating career development opportunities . Reward and recognition programs focused on innovation, continuous improvement and Acting Like Owners Inspired people creating Australia’s premier gold company 6 ASX code: EVN www.evolutionmining.com.au .

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TORIAN RESOURCES LIMITED (ASX:TNR) Key Participant in the Zuleika Corridor Gold Camp Is There a Better Goldfield Anywhere in the World Today? SUMMARY
TORIAN RESOURCES LIMITED (ASX:TNR) Key participant in the Zuleika Corridor Gold Camp Is there a better goldfield anywhere in the world today? SUMMARY Torian Resources Limited (TNR) is a gold explorer with a difference. Its access to more 5 October 2016 – Initiation than 220km2 of key tenements in the Coolgardie Domain along the highly productive and high grade Zuleika Shear Corridor near Kundana, just 40km west of Kalgoorlie, gives it an 18 Month Price Target: A $0.80 excellent position in Australia’s fifth largest producing and most exciting goldfield. The Zuleika Corridor is the most exciting goldfield in Australia today. It is CAPITAL STRUCTURE revitalising Kalgoorlie as a global gold production centre. TNR’s Mt Stirling Project is also in line to soon produce a modest JORC resource. Share Price $0.175 KEY POINTS Net Asset Value A$16m 12 Month Range $0.095 - $0.38 TNR is earning 49% of ~223km2 along the Zuleika Corridor by spending $5m Market Cap (diluted) $17.0m Enterprise Value $13.2m Zuleika Corridor Coolgardie Domain already has >7moz in resources Issued Shares 96.94m 7 major recent gold discoveries in contiguous ground by NST & EVN 55,000m of RAB and RC drilling planned by TNR for FY17 Existing local mill facilities allow rapid discovery to production potential Cash $3.8m Mt Stirling offers high-grade, >98% recovery near-term production potential DIRECTORS A$3.5m raised in recent capital issue to fully fund its FY17 programme TNR’s exciting Zuleika tenements include a cumulative 25km (2nd largest) of strike of the Andrew Sparke Non-Executive Chairman black Centenary Shale within the K2/Strzelecki Structures that host the most important Matt Sullivan Managing Director high grade deposits in the Zuleika Corridor Gold Camp.
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