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Competent Persons Statement

The information in this report that relates to Exploration Results and JORC compliant Mineral Resources is based on information compiled by Mr Alan Coles, who is a full time employee of Terrain Minerals Ltd.

Mr Coles is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Coles consents to the inclusion in the report of the matters based on information in the form and context in which it appears.

JORC Compliant Resource Table (at 1 g/t gold lower cut-off)

Deposit

Resources

Measured

Indicated

Inferred

Totals

East Kambalda Project

Coogee

Tonnes

 

137,800

139,000

277,500

Grade g/t

 

4.12

3.7

3.91

Ounces

 

18,250

16,620

34,780

Black Cat Joint Venture

Black Cat

Tonnes

 

 

134,000

134,000

Grade g/t

 

 

2.5

2.5

Ounces

 

 

10,600

10,600

Total Resources

 

Tonnes

 

137,800

273,700

411,500

Grade g/t

 

4.12

3.11

3.45

Ounces

 

18,250

27,220

45,470