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Update on Merger with Polymetals - Notice of Meeting

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BDO CORPORATE FINANCE (WA) PTY LTD<br />

<strong>Polymetals</strong> Mining Limited and Southern Cross Goldfields Limited<br />

Technical Specialist's Report<br />

APPENDIX D<br />

POLYMETALS TENEMENTS<br />

Tenements and Expenditure by M<strong>on</strong>th<br />

Type Number Project Registered Holder Date<br />

Granted<br />

Date<br />

Expiry<br />

Annual<br />

Expenditure<br />

Ha Blocks ($) ($)<br />

E 1 E47_0891 Mt Dove Domain Mining Pty Ltd 18/07/2002 17/07/2013 14,070.00 44 132,000.00 20,512.80<br />

E E45_2995 Wingina Well Indee Domain Mining Pty Ltd 7/08/2008 6/08/2013 10,560.00 33 49,500.00 8,124.60<br />

E E45_3390 Mt Berghaus Last Crusade Pty Ltd 6/01/2011 5/01/2016 18,250.00 56 57,000.00 10,161.20<br />

E E45_3391 Baker Well Indee HSD Last Crusade Pty Ltd 6/01/2011 5/01/2016 6,400.00 20 20,000.00 3,629.00<br />

E E45_3392 Berghaus Last Crusade Pty Ltd 6/01/2011 5/01/2016 22,390.00 70 70,000.00 12,701.50<br />

P 2 P45_2655 Amanda Domain Mining Pty Ltd 30/05/2008 29/05/2016 25.50 0.1 2,000.00 58.50<br />

E E45_2533 Discovery,Orchard Tnk De Grey Mining Ltd 24/06/2005 23/06/2014 73,100.00 23 70,000.00 10,722.60<br />

E E45_2364 Tabba Tabba De Grey Mining Ltd 28/02/2006 27/02/2013 1,500.00 6.5 50,000.00 3,263.40<br />

E EL_4199 Macd<strong>on</strong>ald Hill Exco Operati<strong>on</strong>s (SA)Limited 75% and 10/11/2008 9/11/2012 4,900.00 - 70,000.00 639.70<br />

<strong>Polymetals</strong> (White Dam) Pty Ltd 25%<br />

E EL_4200 Mingary " 12/11/2008 11/11/2012 22,900.00 - 100,000.00 2,493.70<br />

E EL_4321 Bullo Sth " 14/10/2009 13/10/2012 9,600.00 - 80,000.00 1,123.80<br />

E EL_4533 Drew Hill " 28/07/2010 27/07/2014 34,300.00 - 260,000.00 3,115.25<br />

M 3 ML_6275 White Dam " 11/09/2007 10/09/2014 249.80 - - 11,178.55<br />

M ML_6395 White Dam " 8/12/2011 7/12/2021 250.00 - - 11,524.03<br />

M MPL_95 White Dam " 11/09/2007 10/09/2014 24.10 - - 1,078.00<br />

M MPL_104 White Dam " 24/01/2008 23/01/2015 250.00 - - -<br />

M MPL_105 White Dam " 24/01/2008 23/01/2015 250.00 - - 13,250.00<br />

M MPL_106 White Dam " 24/01/2008 23/01/2015 162.60 - - 8,617.80<br />

M MPL_107 White Dam " 24/01/2008 23/01/2015 132.30 - - 7,011.90<br />

M MPL_139 White Dam " 8/12/2011 7/12/2021 250.00 - - 11,518.21<br />

M GL_3255 Mt Boppy - Canbelego - 20/05/1926 20/05/2012 8.30 - - 338.00<br />

M GL_5836 Mt Boppy - Canbelego - 15/06/1965 15/06/2012 6.00 - - 338.00<br />

M GL_5848 Mt Boppy - Canbelego - 15/02/1968 15/06/2012 8.60 - - 338.00<br />

M GL_5898 Mt Boppy - Canbelego - 21/06/1972 21/06/2013 7.50 - - 338.00<br />

M ML_311* Mt Boppy - Canbelego - 8/12/1976 21/06/2013 10.10 - - 2,960.00<br />

MP 4 MPL_240* Mt Boppy - Canbelego - 17/01/2013 12/12/2033 17.80 - - 3,011.00<br />

M ML_1681 Mt Boppy - Canbelego - - 12/12/2033 - - 2,637.00<br />

MLA 5 MLA_281 Mt Boppy - Canbelego - 4/05/2006 - 188.20 - - -<br />

E EL_5842 Canbelego <strong>Polymetals</strong> (Mt Boppy) Pty Ltd - 100% 19/04/2001 19/04/2013 20,460.00 70 100,000.00 -<br />

Area<br />

Annual<br />

Rent<br />

1.<br />

2.<br />

3.<br />

4.<br />

5.<br />

Explorati<strong>on</strong> Licence WA<br />

Prospecting Licence<br />

Mining Lease<br />

Mining Purposes<br />

Mining Lease Applicati<strong>on</strong><br />

Appendix D-1

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