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Investor Presentaiton

Gwalia future developments Gwalia deep drilling > Seeking to extend resource > Deep drilling is continuing > No new results since December 2015 quarterly report Gwalia materials handling > In conjunction with drilling, conceptual studies underway to extend mine life, including: > blind and raise-bore shafts with skip hoisting > a shaft with vertical conveying > slurry pumping to surface > new ventilation shafts to facilitate continued truck haulage > Update in Q3 FY16 (Mar 2016) quarterly report > Investment decision in Q2 FY17 (Dec 2016 quarter) 16 / Asia Investor Relations Roadshow / March 2016 J $86w 460 St Barbara LIMITED Reece Zimmermann - Goldroom Operator (L), Paul Owen - Processing Shift Supervisor (R), Gwalia Processing Plant, January 2016
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