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Investor Presentaiton

Simberi PNG - Pre-feasibility Study > Pre-feasibility Study (PFS) due April 2016 > Progress report on the PFS proposes: > Sulphide Project utilises the existing infrastructure on Simberi Island, including the airport, power station, village and wharf > the existing semi-autogenous grinding (SAG) mill and ball mill would be utilised in new plant flowsheet and maintain the ability to process both oxide and sulphide ores processing sulphide ore to produce saleable concentrate is the preferred option, avoids need for downstream processing on the Island > Some parts of the oxide reserve are contained within the Sulphide Project pit shell and would continue to be processed to generate gold doré 23 Asia Investor Relations Roadshow / March 2016 Ship unloading at Pigiput Bay port. St Barbara LIMITED
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