BUILDING A PROFITABLE
MID-TIER GOLD MINING BUSINESS

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Quarterly Report January – March 2012

Quarterly Report January – March 2012 Key Points Quarterly production of 11,357 oz gold at $1112/oz Updated Resources & Reserves extend mine life to 5 years Option Agreement signed with Catalyst Metals to acquire Bendigo assets Announced on-market buyback of up to 50.9M shares $47.8M cash at bank Summary Andrew McIlwain, Managing Director & CEO comment “I am pleased to

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Quarterly Report July – September 2011

Quarterly Report July – September 2011 Key Points Mine operating cashflow of $7.1M Quarterly production of 10,440 oz gold at $1051/oz Mineral Resources increase by 57% to 318,000 oz gold Newton Zone continues to grow at depth High grade drill results at Homase/Akrokerri, Ghana Summary Rod Hanson, Managing Director & CEO comment “Gold production for the September quarter was 10,440

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Quarterly Report April – June 2011

Quarterly Report April – June 2011 Key Points Quarterly production increases by 75% to 15,935 oz gold Robust head grade delivers cash cost reduction of 47% to $834/oz Newton Resource continues at depth Increased stake in GoldStone Resources to 33% Cash at bank increased to $41.8 million Summary Rod Hanson, Managing Director & CEO comment “Gold production for the June

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Quarterly Report January – March 2011

Quarterly Report January – March 2011 Key Points Quarterly gold production of 9086 oz Henty resources doubled to 203,000 oz, significantly extending mine life New gold zone defined at Red Hills, Henty Cash in bank of $39 million Summary Rod Hanson, Managing Director & CEO comment “Gold production for the March quarter was 9086 ounces at a cash cost $1582/oz.

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Quarterly Report October – December 2010

Quarterly Report October – December 2010 Key Points Quarterly gold production of 16,048 oz Continuing exploration success at Henty New tenement doubles Henty ground position Cash increases by $12.3M to $49.9M Summary Rod Hanson, Managing Director & CEO comment “Exploration at Henty continues to deliver, with drill results this quarter significantly expanding the size of the Newton Zone. This success at Henty

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QUARTERLY REPORT July – September 2010

QUARTERLY REPORT July – September 2010 Key Points  Quarterly gold production of 14,992 oz Discovery of Newton and Read Zones at Henty FY10 profit of $11.2 million and 0.5 cent dividend declared Summary Rod Hanson, Managing Director & CEO comment “Gold production for the September quarter was 14,992 ounces at a cash cost $1218/oz, in line with guidance. As  previously

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QUARTERLY REPORT April – June 2010

QUARTERLY REPORT April – June 2010 Key Points Quarterly gold production of 19,463 oz Acquired 20% of West African gold explorer GoldStone Resources Henty Tyndall Zone resource increases by 100% with addition of 36,600 oz Cash in bank of $57.2 million Summary Rod Hanson, Managing Director & CEO comment: “Gold production increased by 10% this quarter to 19,463 ounces and

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QUARTERLY REPORT January – March 2010

QUARTERLY REPORT January – March 2010 Key Points Quarterly gold production of 17,747 oz Positive mine operating cashflow of $5 million Henty Tyndall infill results include 11.4 m at 15.4 g/t gold Cash in bank increased to $57.4 million Summary Rod Hanson, Managing Director & CEO comment: “Gold production for the quarter of 17,747 oz delivered $5.0 million in operating

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Quarterly Report October – December 2010

Quarterly Report October – December 2010 Key Points Quarterly gold production of 16,048 oz Continuing exploration success at Henty New tenement doubles Henty ground position Cash increases by $12.3M to $49.9M Summary Rod Hanson, Managing Director & CEO comment “Exploration at Henty continues to deliver, with drill results this quarter significantly expanding the size of the Newton Zone. This success

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Quarterly Report October – December 2009

Quarterly Report October – December 2009 Key Points Quarterly gold production of 19,228 oz Mine operating cashflow of $7 million Strong exploration results from Henty $54.8 million cash in bank Summary Rod Hanson, Managing Director & CEO comment: “Our Henty and Kangaroo Flat Mines generated $7 million operating cashflow during the December quarter and we remain firmly on track to