, ,082 (329,224) (425,238) (34,743) 844 (3,034) (4,371) (210,474) (55,346) (12,416) (15,761) (260,454) (74,634) 2,4

China Zhongsheng Resources Holdings Limited 02623 2015 12 31 2015 12 31294.5 2014 12 31426.130.9% 2014 12 31 78.7232.1%2015 12 31261.4 2016 3 30 2015 12 31 2015 12 31 2014 12 31 1

2 12 31 2015 2014 4 294,481 426,082 (329,224) (425,238) (34,743) 844 (3,034) (4,371) (210,474) (55,346) 213 5 (12,416) (15,761) (260,454) (74,634) 2,453 2,673 (24,056) (24,491) 6 (21,603) (21,818) (282,057) (96,452) 7 18,641 14,812 (263,416) (81,640) (261,414) (78,661) (2,002) (2,979) (263,416) (81,640) 80 (90) (36) 93 (263,372) (81,637) (261,401) (78,743) (1,971) (2,894) (263,372) (81,637) 8 (0.06) (0.02) 8 (0.06) (0.02)

12 31 2015 2014 352,930 391,926 61,287 131,366 9 432 416 10 8,432 8,914 11 58,264 481,345 532,622 12 39,796 78,785 13 133,619 201,128 14 91,800 31,750 39,987 76,243 14,689 22,895 98,090 142,024 100,000 45,000 1,550 585,876 531,480 1,067,221 1,064,102 628,066 473,696 64,388 65,195 (68,152) 177,900 624,302 716,791 1,426 3,397 625,728 720,188 3

12 31 2015 2014 100,827 50,764 25,759 24,654 2,366 21,489 128,952 96,907 170,000 171,280 47,654 40,361 50,000 630 42,388 32,315 1,337 1,259 1,162 1,162 312,541 247,007 441,493 343,914 1,067,221 1,064,102 273,335 284,473 754,680 817,095 4

1. 2011 2 82010 Clifton House, 75 Fort Street, PO Box 1350, Grand Cayman, KY1-1108, Cayman Islands 2012 4 27 2016 3 30 2. (a) 2015 1 1 2010-2012 8 16 38 24 2010-2012 (b) 622 6229 5

(c) 3. 2015 1 1 9 92014 7 39 9 39 9 39 2018 1 1 9 15 18 11152018 1 1 15 (a) 6

(i) (ii) 2015 (iii) (b) Alliance Worldwide Investment Limited Alliance Worldwide Fortune Shine Investment Limited Fortune Shine Shine Mining Investment Limited Shine Mining Ishine Mining International Liminted Ishine Mining China Rongsheng Holdings Limited Rongsheng Alpha Charm Investments Limited Alpha Charm Grandson Holdings Limited Grandson Active Fortune Group Limited Active Fortune 20152014 12 31 2015 12 31 289,201 3,123 5,103 (2,946) 294,481 (2,632) (2,632) (37,294) 491 5,006 (2,946) (34,743) 2,353 1 99 2,453 (16,319) (8) 1 (10,676) 2,946 (24,056) (136,568) (40) (136,608) (35,017) (35,017) (70,037) (70,037) (40) (40) (22,001) (22,001) (9,513) (9,513) 18,641 18,641 (227,053) (1,938) (424) (34,001) (263,416) 945,587 1,602 189,363 788,569 (857,900) 1,067,221 533,501 2,309 4,204 114,567 (213,088) 441,493 31,499 33 19 31,551 27,637 16 27,653 7

4. 2014 12 31 423,266 2,816 426,082 (2,462) (2,462) 490 354 844 2,634 39 2,673 (23,528) (963) (24,491) (13,518) (4,324) (17,842) (4,786) (4,786) (6,706) (3,402) (10,108) (922) (922) (2,026) (2,026) 14,812 14,812 (45,353) (7,580) (28,707) (81,640) 1,017,976 1,892 605,290 (561,056) 1,064,102 378,837 762 66,061 (101,746) 343,914 37,288 136 38 37,462 61,975 25 62,000 8 12 31 2015 2014 105,500 295,072 9 2,612 183,692 125,582 5,280 2,816 5. 294,481 426,082 12 31 2015 2014 236 423 405 400 983 (13,484) (17,022) 9 (127) (12,416) (15,761)

6. 12 31 2015 2014 (19,880) (21,853) (1,341) (1,454) (2,622) (2) (449) (281) 236 (901) (24,056) (24,491) 2,453 2,673 (21,603) (21,818) 7. 12 31 2015 2014 10 18,641 14,812 2010 20152014 12 31 30%20152014 12 31 9

2015 12 10 15% 25% 2016 1 1 15% 2015 12 3125% 12 31 2015 2014 (282,057) (96,452) 62,039 17,470 (133) (1,618) (18,974) (1,040) (24,291) 18,641 14,812 8. (a) 12 31 2015 2014 (261,414) (78,661) 4,310,255,180 3,647,674,358 (0.06) (0.02) 10

(b) 20152014 12 31 20152014 12 31 9. Athena Resources Limited Athena7.8% 2011 7 1AthenaAthena Athena 12 31 2015 2014 1 1 416 1,442 (24) (14) 80 (90) (a) (40) (922) 12 31 432 416 (a) 20152014 12 318,300166,000 40,000 922,000 10. 12 31 2015 2014 12 4,073 4,643 12 4,359 4,271 8,432 8,914 12 (2,146) (20,770) 12 (220) (719) (2,366) (21,489) 6,066 (12,575) 11

12 31 2015 2014 1 1 (12,575) (27,387) 7 18,641 14,812 12 31 6,066 (12,575) (a) 2013 12 31 4,152 1,075 5,227 119 20,733 3,380 856 25,088 2014 12 31 4,271 20,733 3,380 1,931 30,315 88 (7,137) 27,625 (1,531) 19,045 2015 12 31 4,359 13,596 31,005 400 49,360 (b) 2013 12 31 (8,648) (23,966) (32,614) (10,486) 210 (10,276) 2014 12 31 (19,134) (23,756) (42,890) (624) 220 (404) 2015 12 31 (19,758) (23,536) (43,294) 12

(i) (ii) 2008 1 110% 5% 2015 12 31 28,123,0002015 12 31 2015 12 31 1,406,000 2015 12 3154,738,000 2014 48,687,000 16,421,000 2014 14,606,000 11. (iii) 2015 12 31106,933,000 5 16,040,000 (iv) 2015 12 319,345,000 5 2,336,000 2015 12 31 64,196 (5,932) 58,264 18,341 (3,652) 14,689 18,341 64,196 82,537 (9,584) 72,953 14,689 58,264 72,953 13

2015 12 31 5.51% 12. 12 31 2015 2014 15,514 4,112 23,930 12,358 12,702 54,972 9,651 9,369 (22,001) (2,026) 39,796 78,785 2015 12 31316,199,000 2014 337,578,000 2015 12 31 11,964,000 2014 46,064,000 14,158,000 21,350,0002015 12 312015 12 31 4,699,000 2014 2,026,00010,916,000 2014 6,386,000 2014 2015 12 312,026,000 14

13. 12 31 2015 2014 143,132 201,128 (9,513) 133,619 201,128 20152014 12 31 902015 12 31 73,597,000 2014 111,316,000 20152014 12 31 12 31 2015 2014 3 63,252 89,812 36 6,033 12,470 61 28,037 98,844 1 45,810 2 143,132 201,128 2015 12 31 9,513,000 2015 12 31 15

2015 12 31 1 1 9,513 12 31 9,513 2015 12 3160,385,000 2014 95,634,000 14. 12 31 2015 2014 75,800 31,750 16,000 91,800 31,750 612 20152014 12 31 2014 12 31 2,000,000 16

2013 2015 2012 12 1920.9 95% 2013 2012 12 19 2015 4 2012 4 27 1.23129,760,000 17

2015 12 31294.52014 12 31426.1 131.630.9% (1)97.2 (2) 86.6 (3)2015 12 31 0.75.0 2014 12 31 125.6 58.12015 12 31 183.7 2015 12 31261.4 2014 12 31 78.7 182.7 232.1%(1)2014 12 31 0.835.52015 12 31 34.7(i) 2014 12 312.2 14.42015 12 31 12.2(ii) 2014 12 31 1.64.92015 12 31 3.3(iii)2014 12 31 0.321.72015 12 31 21.4(2)13.5 2015 6 1140,000,000 0.00160.319(3) 118.82014 12 3117.8 2015 12 31136.6 2015 1 2015 18

2015 7 14 2 2015 76% 3 2015 4 20157 52015 12 10 2015 19

2015 153.2 2015 7.6 300 2015 20

206,000 2012 2015 2015 21

1 2.3 20151.420 65%2015 2015 6.1 20150.440.15 0.0265% 2015 2 40 2013 22

20132.0 20152.1 2015 3 2015 2015 4 1.5 2015 20150.06 5 2015 6 2015 1 2015 153.2 23

2 2015 1 2015 2015 2 76% 201576% 3 20152015 7 14 24

4 20157 52015 12 10 2015 2015 2015 2015 25

MicromineMicromine2012 4 172011 11 43.9324.58%TFe 546.295.69% 12.81%TFe86.63 4.50%13.56%TFe Micromine 2013JORC 1. 15% 2. 8.0% 3. 4.624.6% 10.6%2011 112013 12 4.524.1%10.5% 4. 5016 66 5. 6. 7. 48 8 6 5 60 2011 112013 124.6 26

1. 9.2% 2. Micromine(2012) 3. 4. 0%9% 5. Micromine 6. 0.27 5.69%12.78%2013 92013 120.266.75% 13.44% 7. 5060 2011 112013 82013 92013 12 0.27 2011 11 12013 12 31 Micromine 2012 4 17 Micromine 2014 1 12015 12 31 (1)2012 4 17 JORC 2011 11 (2)2011 11 2013 122015 12 31 27

2015 12 31JORC2013 12 31JORC 2014 1 12015 12 31 5.86 199.60 45.33 31.20 346.20 () 41.30 37.06 545.80 86.63 (TFe)(%) 24.15 12.78 13.50 24.65 12.83 13.61 (TFe)(%) 24.55 12.82 13.56 (TiO2)(%) 5.76 4.52 5.65 4.48 (TiO2)(%) 5.69 4.50 256.29 2014 12 31JORC2013 12 31JORC 2014 1 12014 12 31 6.30 199.60 45.33 31.20 346.20 () 41.30 37.50 545.80 86.63 256.29 28

2015 12 312013 12 31JORC 2014 1 12015 12 31 (%) (%) 11.3 3.25 26.0 10.6 50.1 3.25 26.8 10.4 61.4 3.25 26.6 10.4 17.6 3.22 24.6 8.7 79.0 3.24 26.2 10.0 2015 12 31 2013 12 31 JORC2014 1 12015 12 31 (%) (%) 372.8 3.19 6.23 14.04 261.0 3.13 6.14 14.18 632.8 3.17 6.19 14.10 4.0 3.13 5.92 15.03 636.8 3.16 6.19 14.10 29

2015 12 312013 12 31 JORC20142015 (%) (%) 46.2 3.23 4.90 14.72 42.1 3.19 4.88 14.84 88.3 3.21 4.89 14.78 11.3 3.29 5.06 15.05 99.6 3.22 4.91 14.81 0.829 2009 12 31 0.557 46.4333 14.6% 6.6%2013 12 31 0.829 57.2333 14.5% 6.6% 1. 0.5570.829+254.7 +150+255+6812.8 2. S4-2a3,723.4610,396.22 2.17 3. 2010 2013 4.13 1.5 2012 122021 129 30

2015 12 31 2013 12 31 2014 1 12015 12 31 333 56.9 (TFe)(%) 14.5 (TiO2)(%) 6.6 2014 12 31 2013 12 31 2014 1 12014 12 31 333 56.9 (TFe)(%) 14.5 (TiO2)(%) 6.6 2012 1.532017 3 2012 9 2 46.0 332 333 12.4% 6.8% 2012 102015 12 31

2015 12 3162 2013Mt WatsonMt Watson Kabiri Resources Pty Ltd Kabiri Resources70% 30% 120(EPM15933 EPM15986 103.6EPM15986 921.80 ( VTEM ) Mt. Watson 5 2014 3 21 2014 3 21 2015 2.6 0.5Mt Watson 3.3 0.6 1 E80/4478 2011 10 10 2016 10 9 39 Halls Creek Shire 126 E77/1786 2011 3 22 2016 3 21 70 Merredin Narembeen YilgarnShires 204 E37/1073 2011 7 21 2016 7 20 33 Laverton Leonora Shires 99 E39/1582 2012 4 27 2017 4 26 6 Laverton 18 32

1 E37/1074 2011 9 14 2016 9 13 4 Leonora Shire 10 E80/4619 2012 9 25 2017 9 24 16 Moola Bulla Kimberley 52 1 EL4830 (ELA-234/10) EL4831 (ELA-239/10) 2012 1 20 2016 1 19 309 Mulga Well Area 2012 1 20 2016 1 19 992 Mulgaria Area 33

34 12 31 2015 2014 442 2,280 12 31 2015 2014 11,639 51,132 3,889 17,087 1,540 6,767 2,042 14,555 19,110 89,541 1,630 21,114 1,129 15,816 6,909 51,510 2,631 11,279 606 6,199 8 684 12,913 106,602 32,023 196,143 5,397 6,402 43,230 46,807 1,650 1,820 256 316 50,533 55,345 82,556 251,488 28,093 27,558 110,649 279,046

20158 1.1 (i) 1 0.2 (ii) 5 0.1 6 0.3 (i) 2 0.8 2015 12 31294.52014 12 31426.130.9%2015 12 31 62.4% 35.8% 35

57% 65% 57% 65% 2015 12 31 433.5 479.3 2014 12 31 647.3 831.433.0% 42.4% 2015 12 31 2013 2015 12 31 36

2015 12 31 2014 12 31 65% 48,164 16.4% 145,318 34.1% 57% 1,213 0.4% 1,960 0.5% 57% 4,168 1.4% 9,204 2.2% 65% 51,955 17.6% 138,590 32.5% 105,500 35.8% 295,072 69.3% 46% 9 0.0% 2,612 0.6% 183,692 62.4% 125,582 29.5% 5,280 1.8% 2,816 0.6% 294,481 100% 426,082 100% 37

2015 12 31 2014 12 31 65% 98.5 185.4 57% 2.3 2.9 57% 10.1 14.4 65% 110.4 156.0 221.3 358.7 46% 0.01 3.2 417.0 241.0 638.3 602.9 38

2015 12 31 2014 12 31 65% 22.9 16.2% 226.1 56.6% 57% 4.5 1.1% 57% 16.6 4.1% 65% 118.5 83.8% 152.4 38.2% 141.4 100% 399.6 100% 46% 6.7 62.4% 20% 30% 4.1 37.6% 10.8 100% 39

2015 2015 12 31 131.630.9%2015 12 31 294.52014 12 31426.1 (1)97.2 (2)86.6 (3)2015 12 31 0.75.0 2014 12 31 125.6 58.12015 12 31 183.7 2014 12 31 138.662.5%2015 12 31 52.0 46.3% 2014 12 31125.62015 12 31183.7 40

2015 12 31 2014 12 31 65% 51,464 15.6% 143,746 33.8% 57% 1,287 0.4% 2,401 0.6% 57% 4,515 1.4% 12,040 2.8% 65% 64,106 19.5% 136,433 32.1% 121,372 36.9% 294,620 69.3% 46% 8 0.0% 2,869 0.7% 205,115 62.3% 125,287 29.4% 2,729 0.8% 2,462 0.6% 329,224 100% 425,238 100% 41

2015 12 31329.22014 12 31425.2 96.0 22.6% 2015 12 31(1) 2015 12 31 91.8(2)2015 12 31 45.6 2015 12 31 2014 12 31 65% (3,300) 9.5% 1,572 186.3% 57% (74) 0.2% (441) (52.3)% 57% (347) 1.0% (2,835) (335.9)% 65% (12,151) 35.0% 2,155 255.3% (15,872) 45.7% 451 53.4% 46% 1 0.0% (256) (30.3)% (21,423) 61.7% 296 35.1% 2,551 7.4% 353 41.8% (34,743) 100% 844 100% 42

2015 12 31 2014 12 31 65% (6.9)% 1.1% 57% (6.1)% (22.5)% 57% (8.3)% (30.8)% 65% (23.4)% 1.6% 46% 11.1% (9.8)% (11.7)% 0.2% 48.3% 12.5% (11.8)% 0.2% 2014 12 310.8 35.5 2015 12 3134.7(1) 2014 12 312.214.42015 12 31 12.2(2) 2014 12 311.64.9 2015 12 313.3(3) 2014 12 310.321.7 2015 12 31 21.4 2014 12 31 0.2% 2015 12 31 11.8% 65%2014 12 31 831.442.4%2015 12 31 479.3 43

2015 12 3112.42014 12 3115.8 2014 12 3117.0 2015 12 3113.5 2015 6 1140,000,000 0.00160.319 2014 12 31 21.82015 12 3121.6 2015 12 31261.4 2014 12 31 78.7 182.7 232.1%(1)2014 12 31 0.835.52015 12 31 34.7(i) 2014 12 312.2 14.42015 12 31 12.2 (ii)2014 12 31 1.64.92015 12 31 3.3(iii)2014 12 31 0.321.72015 12 31 21.4(2) 13.5 2015 6 1140,000,000 0.00160.319(3) 118.82014 12 3117.8 2015 12 31136.6 20152015 12 31 1.92014 12 31 7.6 44

2015 12 318,853,715.84 4,426,857,920 0.002 2015 12 31 30.2% 2014 12 3123.6% 2015 12 311.9 2014 12 31 2.2 2015 12 31270.8 2014 12 31 222.02015 12 31 217.6 2015 12 31 98.1 2014 12 31142.0 2015 12 31 2015 3 1 2015 3 2(i)0.304 0.384 392,000,0000.002 (ii) 0.016 0.02 140,000,000 2015 3 16 2014 10 27 392,000,000 150,000,0000.383 12 0.3190.402 140,000,000 2015 5 27 2015 6 1 0.016 2,750,000 45

2015 3 22015 5 11 2015 12 312014 7 17 0.338127,000,000 289,500,0002015 7 17 42.80.3372015 12 31 254,000 2015 12 31 100 2015 12 31 40 60.4 2015 12 31 2.40.52014 12 318.81.8 2015 12 315.8 2014 12 31 5.92015 12 31 46

2015 12 31212 2014 12 31427 2015 12 3114.22014 24.1 2015 12 31 2013 12 31 62.4 36.6 25.8 36.6 42.7 4.1 38.6 12.6 16.7 22.0 22.0 16.0 16.0 3.8 3.8 10.0 10.0 105.1 40.7 64.4 64.4 105.1 2013 2 7 2013 4 3 2013 4 3 47

2016 1 2.3 2 40 2013 20132.0 3 2016 4 1.5 2016 48

2016 1 2 1 2016 2 76% 3 2016 49

2016 50

2015 12 31 2014 2016 5 23 20162016 5 20 2015 5 23 2016 2016 5 19 183 22 2015 12 31 2015 12 31 2015 12 31 2012 4 9 2015 12 31 51

2016 3 30 461991 20 1998 20072012 Rocklands Richfield Limited RCI ASX RCI 2012 RCI Rocklands Richfield (Hong Kong) Limited 2016 3 30 2016 3 30 72,000 20,468,000 571 XV 52

13.51(2)(h) (v) 2016 3 30 53