Update on Merger with Polymetals - Notice of Meeting

BDO CORPORATE FINANCE (WA) PTY LTD
Polymetals Mining Limited and Southern Cross Goldfields Limited
Technical Specialist's Report
Tenements and Expenditure by Month
Type Number Project Registered Holder Date
Granted
Date
Expiry
Annual
Expenditure
Annual
Rent
Ha Blocks ($) ($)
P P77/3809 Marda Southern Cross Goldfields Ltd 23/02/2009 22/02/2017 196.00 - 7,840.00 441.00
P P77/3810 Marda Southern Cross Goldfields Ltd 23/02/2009 22/02/2017 199.00 - 7,960.00 447.75
P P77/3811 Marda Southern Cross Goldfields Ltd 23/02/2009 22/02/2017 116.00 - 4,640.00 261.00
P P77/3812 Marda Southern Cross Goldfields Ltd 23/02/2009 22/02/2017 142.00 - 5,680.00 319.50
P P77/3813 Marda Southern Cross Goldfields Ltd 23/02/2009 22/02/2017 67.00 - 2,680.00 150.75
P P77/3868 Marda Southern Cross Goldfields Ltd 4/03/2009 3/03/2013 126.00 - 5,040.00 283.50
P P77/3898 Marda Southern Cross Goldfields Ltd 24/02/2010 23/02/2014 165.20 - 6,640.00 373.50
P P77/3899 Marda Southern Cross Goldfields Ltd 6/03/2009 5/03/2017 24.00 - 2,000.00 54.00
P P77/3901 Marda Southern Cross Goldfields Ltd 21/08/2012 20/08/2016 168.84 - 6,760.00 380.25
P P77/3903 Marda Southern Cross Goldfields Ltd 24/02/2010 23/02/2014 20.22 - 2,000.00 47.25
P P77/3936 Marda Southern Cross Goldfields Ltd 6/03/2009 5/03/2017 24.00 - 2,000.00 54.00
P P77/3967 Marda Southern Cross Goldfields Ltd 22/01/2010 21/01/2014 97.00 - 3,880.00 218.25
P P77/4028 Marda Southern Cross Goldfields Ltd 18/04/2011 17/04/2015 131.00 - 5,240.00 288.20
P P77/4029 Marda Southern Cross Goldfields Ltd 18/04/2011 17/04/2015 131.00 - 5,240.00 288.20
P P77/4076 Marda Southern Cross Goldfields Ltd 6/07/2012 5/07/2016 72.14 - 2,920.00 164.25
P P77/4077 Marda Southern Cross Goldfields Ltd 16/07/2012 15/07/2016 151.52 - 6,080.00 342.00
P P77/4078 Marda Southern Cross Goldfields Ltd 16/07/2012 15/07/2016 187.20 - 7,520.00 423.00
P P77/4079 Marda Southern Cross Goldfields Ltd 6/07/2012 5/07/2016 80.00 - 3,200.00 180.00
P P77/4080 Marda Southern Cross Goldfields Ltd 6/07/2012 5/07/2016 83.00 - 3,320.00 186.75
P P77/4101 Marda Southern Cross Goldfields Ltd 5/07/2012 4/07/2016 40.02 - 2,000.00 92.25
P P77/4118 Marda Southern Cross Goldfields Ltd 3/08/2012 2/08/2016 42.76 - 2,000.00 96.75
P P77/4165 Marda Southern Cross Goldfields Ltd 5/03/2013 4/03/2017 25.70 - 2,000.00 58.50
R 5 R77/1 Marda Southern Cross Goldfields Ltd 14/12/2004 13/12/2013 175.00 - 0.00 1,172.50
R R77/2 Marda Southern Cross Goldfields Ltd 14/12/2004 13/12/2013 255.00 - 0.00 1,708.50
E E77/1766 Marda Central Southern Cross Goldfields Ltd 11/10/2010 10/10/2015 300.00 1 10,000.00 280.65
E E77/1900 Marda Central Southern Cross Goldfields Ltd 6/09/2011 5/09/2016 3,000.00 10 20,000.00 1,167.00
G G77/35 Marda Central Southern Cross Goldfields Ltd 9/11/1989 8/11/2031 4.00 - 0.00 54.60
M M77/394 Marda Central Southern Cross Goldfields Ltd 4/08/1989 3/08/2031 987.80 - 98,800.00 15,215.20
P P77/3412 Marda Central Southern Cross Goldfields Ltd 16/10/2009 15/10/2013 200.00 - 8,000.00 450.00
P P77/3414 Marda Central Southern Cross Goldfields Ltd 16/10/2009 15/10/2013 200.00 - 8,000.00 450.00
P P77/3552 Marda Central Southern Cross Goldfields Ltd 16/10/2009 15/10/2013 172.00 - 6,880.00 387.00
P P77/4055 Marda Dome Southern Cross Goldfields Ltd 29/08/2012 28/08/2016 9.30 - 2,000.00 22.50
E E77/1659 Marda Dome Southern Cross Goldfields Ltd 24/03/2010 23/03/2015 2,700.00 9 20,000.00 1,021.50
P P77/3978 Marda Dome Southern Cross Goldfields Ltd 18/07/2012 17/07/2016 9.65 - 2,000.00 22.50
P P77/3979 Marda Dome Southern Cross Goldfields Ltd 18/07/2012 17/07/2016 42.05 - 2,000.00 96.75
P P77/3994 Marda Dome Southern Cross Goldfields Ltd 18/07/2012 17/07/2016 158.22 - 6,360.00 357.75
E E77/1803 Mt Geraldine Southern Cross Goldfields Ltd 17/05/2011 16/05/2016 600.00 2 15,000.00 273.00
E E77/1773 Mt Holland Southern Cross Goldfields Ltd 18/04/2011 17/04/2016 3,300.00 11 20,000.00 1,248.50
E E77/1775 Mt Holland Southern Cross Goldfields Ltd 29/03/2011 28/03/2016 1,800.00 6 20,000.00 681.00
E E77/1776 Mt Holland Southern Cross Goldfields Ltd 10/03/2011 9/03/2016 900.00 3 15,000.00 350.10
E E77/1777 Mt Holland Southern Cross Goldfields Ltd 20/01/2011 19/01/2016 600.00 2 15,000.00 233.40
E E77/2081 Mt Jackson Southern Cross Goldfields Ltd 300.00 1 0.00 0.00
E E77/1497 Mt Jackson Southern Cross Goldfields Ltd 20/11/2008 19/11/2013 600.00 2 20,000.00 362.90
E E77/1778 Parker Dome Southern Cross Goldfields Ltd 8/11/2010 7/11/2015 600.00 2 15,000.00 233.40
M M77/581 Parker Dome Dulcie Operations 3/05/1993 2/05/2014 9.62 - 10,000.00 150.00
E E77/1965 Parker Range Southern Cross Goldfields Ltd 3/04/2012 2/04/2017 2,100.00 7 20,000.00 794.50
E E77/2009 Parker Range Southern Cross Goldfields Ltd 26/06/2012 25/06/2017 600.00 2 15,000.00 273.00
L L77/221 Parker Range Southern Cross Goldfields Ltd 25/08/2011 24/08/2032 26.13 - 0.00 368.55
L L77/223 Parker Range Southern Cross Goldfields Ltd 18/10/2011 17/10/2032 32.00 - 0.00 436.80
L L77/224 Parker Range Southern Cross Goldfields Ltd 25/08/2011 24/08/2032 2.00 - 0.00 27.30
L L77/225 Parker Range Southern Cross Goldfields Ltd 25/08/2011 24/08/2032 9.00 - 0.00 122.85
M M77/1025 Parker Range Southern Cross Goldfields Ltd 18/10/2002 17/10/2023 4.00 - 5,000.00 61.60
M M77/1044 Parker Range Southern Cross Goldfields Ltd 24/09/2003 23/09/2024 4.80 - 5,000.00 77.00
M M77/1102 Parker Range Southern Cross Goldfields Ltd 5/09/2007 4/09/2028 2.50 - 5,000.00 46.20
M M77/1256 Parker Range Southern Cross Goldfields Ltd 1/08/2011 31/07/2032 999.00 - 99,900.00 15,384.60
M M77/166 Parker Range Southern Cross Goldfields Ltd 27/10/1987 26/10/2029 51.42 - 10,000.00 800.80
M M77/948 Parker Range Southern Cross Goldfields Ltd 7/01/2004 6/01/2025 19.62 - 10,000.00 308.00
P P77/3645 Parker Range Southern Cross Goldfields Ltd 26/05/2008 25/05/2016 119.00 - 4,760.00 261.80
P P77/3657 Parker Range Dulcie Operations 15/05/2008 14/05/2016 10.00 - 2,000.00 22.00
P P77/3957 Parker Range Southern Cross Goldfields Ltd 15/10/2009 14/10/2013 178.00 - 7,120.00 400.50
P P77/3958 Parker Range Southern Cross Goldfields Ltd 15/10/2009 14/10/2013 178.00 - 7,120.00 400.50
P P77/3959 Parker Range Southern Cross Goldfields Ltd 15/10/2009 14/10/2013 195.00 - 7,800.00 438.75
P P77/4016 Parker Range Southern Cross Goldfields Ltd 18/04/2011 17/04/2015 9.40 - 2,000.00 22.00
P P77/4032 Parker Range Dulcie Operations 18/04/2011 17/04/2015 56.00 - 2,240.00 123.20
P P77/4036 Parker Range Southern Cross Goldfields Ltd 17/11/2011 16/11/2015 193.03 - 7,760.00 436.50
P P77/4037 Parker Range Southern Cross Goldfields Ltd 17/11/2011 16/11/2015 191.91 - 7,680.00 432.00
P P77/4038 Parker Range Southern Cross Goldfields Ltd 17/11/2011 16/11/2015 196.28 - 7,880.00 443.25
P P77/4102 Parker Range Dulcie Operations 5/07/2012 4/07/2016 169.20 - 6,800.00 382.50
P P77/4103 Parker Range Southern Cross Goldfields Ltd 5/07/2012 4/07/2016 14.41 - 2,000.00 33.75
P P77/4120 Parker Range Southern Cross Goldfields Ltd 3/08/2012 2/08/2016 179.97 - 7,200.00 405.00
Area
Appendix E-3