traka resouces limited - asx2015/07/22 · china has always been the dominant source of antimony...

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Quarterly Activities Report for the three months ended 30 June 2015

Summary The Company’s exploration activities are all located in Western Australia ( Figure 1).

• Traka has secured rights to the Yallalong Project which has high grade antimony targets

• Drilling on the Mt Short Base Metal Project at Ravensthorpe is scheduled for December

2015 • Electromagnetic surveys have been completed in the Musgrave Project

• The Company’s interests in the Ashburton River Project have been reduced.

• The evaluation of other exploration projects is continuing.

Figure 1: Location plan of Traka’s Projects in Western Australia

TRAKA RESOURCES LIMITED ABN 63 103 323 173

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The Yallalong Antimony Project As announced shortly after the end of the quarter, the Company reached agreement with a prospecting syndicate to earn a majority equity in the Yallalong Project. Very high grade rock-chip samples with antimony (“Sb”) grades between 2% and 60% Sb mineralisation have been collected from Yallalong (Table 1). The antimony mineralisation occurs in quartz veins within a large shear zone and can readily be observed in hand specimen as stibnite (the principal antimony sulphide mineral) and other weathered antimony oxide minerals like tripuhyite (Figure 2).

Figure 2: Photo of antimony mineralisation rock chip samples from the Yallalong Project The Yallalong Antimony Project is located in a favourable area, with respect to infrastructure and access, 220 kilometres north-east of the port city of Geraldton (Figure 3). Despite its favorable location there is no previous history of exploration prior to the recent prospecting activity. Reconnaissance level rock-chip and soil sampling is already available and, with minimal additional geochemical sampling, the project can be ready for drilling. Permitting for the drill program is already underway.

Stibnite

Tripuhyite

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Figure 3: Aeromagnetic image showing location of the Yallalong Project

The agreement with the prospecting syndicate (“The Syndicate”) provides Traka the opportunity to earn a minimum of 80% equity under the following key terms:

1. Payment of a $50,000 Option Fee (paid in cash and/or Traka shares at Traka’s election) and undertaking geochemistry and a minimum of 600 metres of reverse circulation (“RC”) drilling following the completion of Heritage Surveys.

2. Within 60 days of drilling, Traka may elect to withdraw with no retained interest or proceed

to earn equity in several stages. 3. Traka may initially elect to earn 51% equity by payment of $100,000 cash and the issue of

$100,000 worth of Traka shares, plus committing to an additional $500,000 of expenditure within the following 2 year period.

4. Upon earning 51% equity, Traka may withdraw with no retained interest or elect to earn

an additional 29% equity by the additional expenditure of $2 million by the fifth anniversary date of this agreement.

5. Upon Traka electing to earn an additional 29% equity, the Syndicate may also elect to sell

its remaining 49% equity to Traka for 20 million Traka shares. In this eventuality, Traka would have 100% equity in the project and the joint venture would be dissolved.

6. Should Traka earn its 80% equity, the Syndicate can elect to continue to expend pro-rata

to its 20% equity, or dilute to 10% by having Traka contribute the next $5 million of expenditure.

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7. Should Traka earn its 90% equity level, the Syndicate may continue to expend pro-rata to

its 10% equity, or further dilute to 5%, at which point the Syndicate’s equity would revert to a 2% Net Smelter Royalty.

The mineralised quartz veins at Yallalong are hosted within sedimentary and mafic rocks in an exposed part of a large shear zone which extends beyond the 15 kilometre length of the project. This shear is part of the regional scale Darling Fault system which is the major 1,000 kilometre long north trending structure forming the western margin of the Archean aged Yilgarn Craton. The Phanerozoic aged sediments of the Perth Sedimentary Basin lie west of the Darling Fault. In the Yallalong area the Darling Fault starts to deflect to the north-east forming the contact with a series of Proterozoic aged sedimentary basins, including the Yallalong Basin in the antimony discovery area and, further east, the geological analogous Yerrida and Bryah Basins. The Yallalong Basin is a frontier area for exploration but the geological association with the better known and highly prospective basin to the east, which hosts deposits like De Grussa, is a very positive factor. Traka, through the good work of the Syndicate, has secured a first mover advantage with 4 tenements straddling the principal hosting structure and stratigraphy in the Yallalong area.

Figure 4: Aeromagnetic image showing location of rock chip and soil samples

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Drilling at Yallalong will initially be undertaken in the discovery area and will possibly include an anomaly about 1.5 kilometres to the north (Figure 4). Antimony mineralisation is exposed in these locations and can therefore be readily defined with infill geochemistry and drilling. This initial phase of work should provide sufficient information to determine the nature of ongoing exploration activity. A large part of the mineralised shear zone with its associated quartz veining is obscured by a thin (less than 3 metres thick) ferricrete cap-rock and regolith. The shear and mineralised quartz veins can be seen to continue under this cover in a few places and it is clear none of the reconnaissance level of work completed to date has evaluated this additional potential. The shear zone can be observed in aeromagnetics and interpreted to extend for greater than the 15 kilometre length of the project. The possibility of extensions to the known mineralised areas, or the location of new centres of mineralisation along the shear, would appear to be very good. The discovery site itself is an exposed area roughly measuring 600 metres in length and 100 metres in width. This scale alone is sufficient for hosting economic deposits should the high grade mineralisation already detected at surface demonstrate continuity and grade to depth. The association of antimony mineralisation with major fault systems and sedimentary host rocks is the typical geological setting for all the important antimony deposits of the world. Information on Antimony (“Sb”) The following information has been compiled by P. Verbeek from numerous public domain sources to provide a summary and broad perspective of the antimony industry as a whole. However, not all the sources of information could be verified and individual statements in the text may be inaccurate. Sole reliance on this information should not be made. Antimony (“Sb”) is a relatively rare metal used in industrial and technology products. It occurs in hydrothermal ore systems and is conventionally mined and treated to produce a sulphide concentrate which in turn is converted to antimony trioxide white powder (“ATP”) and metal ingots. Approximately 80% of all antimony production is converted to ATP and its principal uses are:

• approximately 70% as a fire retardant agent for textiles, plastic, building material and rubber;

• as a catalyst for production of polyethylene terephthalate (PRT ) bottles; • as a compound for various chemicals, ceramics and glass.

In its metal form, antimony has the following uses:

• as an alloy of iron, copper, lead and zinc to impart hardness, strength and anticorrosion

properties; • as an alloy with lead for use in batteries; • for solders, ammunition, corrosion resistant pipes and cable sheathing; • in emerging applications in micro electrics, including new generation high data storage

devices.

The main economic form of antimony in nature is a sulphide mineral called Stibnite (Sb2S3). Established and conventional crushing and flotation treatment plants, like that used for nickel sulphide, are used to produce an antimony concentrate.

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Antimony occurs as veins and disseminations associated with carbonate rocks like limestone and sedimentary rocks adjacent to large fault zones. The fault zones act as conduits for the mineralising fluids. Antimony deposits are exploited by both open pit and underground operations and the richer deposits are mined to depths of >1000 metres. Gold and other metals like lead and zinc are often associated with the antimony and in some instances, like gold for instance, they can be the key economic component of the mining operation. Antimony is not traded or recognised in any financial exchange and therefore sales between the producer and the buyer are privately negotiated usually with the involvement of specialty traders. Existing world antimony ore reserves are about 1.8 million tonnes and current world consumption is about 180,000 tonnes per annum (Figure 5). In the period between 2000 and 2010 demand growth averaged 3.1% per annum. Forecast growth into the future is generally estimated to be higher than this as world-wide demand remains strong but factors like the GFC have depressed prices and demand for periods of time. The current price is approximately US$8,600 per tonne and this has reduced since its peak in 2010 and 2011 (Figure 6). The upside pressure for higher prices into the future is considered to come from continued world growth, particularly from the emerging markets, but more particularly from decreasing Chinese supply.

Figure 5. World historic antimony production China has always been the dominant source of antimony (70% to 85% over time) and most of China’s reserves and production comes from the Hunan Province near the city of Lengshuijiang. In recent decades the single largest antimony mine in the world, the Hsikwangshan Twinkling Star Mine (found in 1541) has produced about 25% of global supply. This mine is owned by Hunan Non Ferrous (HNC) which is a subsidiary of China Metals. In recent years this mine and others have depleted their high grade antimony reserves and faced increased mining costs. In other cases Central Government actions to impose higher environmental standards have resulted in mine shutdowns. Although overall production is increasing China is now importing close to 40% of its raw material from other countries including Russia, Tajikistan, Myanmar and South America. China’s current contribution to world production from both internal and external sources of ore is currently about 80%. In consideration of China’s diminishing reserves, China’s strong market leverage position and ongoing world demand, the United States Geological Survey (USGS), the British Geological Survey (BGS) and Geoscience Australia (GA) rate antimony future supply as being at risk.

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- 2,000 4,000 6,000 8,000

10,000 12,000 14,000 16,000 18,000 20,000 22,000 24,000 26,000 28,000 30,000 32,000 34,000 36,000 38,000 40,000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Pric

e -U

S$ p

er m

etric

ton

Price Comparison of Copper, Nickel & Antimonyover the last 11 years

Copper Nickel Antimony Figure 6. Comparison of Antimony price with that of copper and nickel since 2005

Copper and nickel operations and economics can be used as a rough measure of the scale and grade necessary for successful antimony operations. Antimony has been worth more than copper for some time now. In this scenario and with the presence of high grades even small deposits can be keenly priced and lucrative.

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Sample Id Easting

GDA94 Z 50 Northing

GDA94 Z 50 Antimony% Gold ppb Arsenic ppm

Copper ppm

Lead ppm Zinc ppm

YA123 343236 6966142 60.1 31 40 1450 2800 1700

YA222B 343236 6966142 59.1 0 70 2250 2700 1500

YA461 343278 6966144 53.5 0 110 2900 2760 1650

YA452 343240 6966050 30.9 0 50 400 820 650

YA449 343310 6965997 21.9 0 50 600 560 250

YA459 343351 6966042 17.2 0 20 700 1440 100

YA223 343302 6966076 14.2 0 50 500 700 100

YA274 343315 6965994 14.1 0 50 450 1800 550

YA435 343347 6966059 13.9 0 590 600 2680 550

YA199 343294 6966074 7.36 18 380 250 2000 450

YA111 343250 6966130 6.85 0 0 0 0 0

YA447 343258 6966065 6.49 0 40 350 1020 300

YA438 343265 6966089 5.29 0 60 200 460 300

YA448 343293 6966031 5.07 0 70 50 2260 550

YA203 343314 6966069 4.63 18 130 200 760 400

YA458 343338 6966038 4.47 0 120 250 860 250

YA446 343291 6966126 4.4 0 40 200 740 200

YA241 343320 6966053 3.84 0 110 250 1100 300

YA440 343233 6966099 3.65 0 60 150 320 150

YA432 343374 6966039 3.26 0 40 150 600 250

YA115 343300 6966100 3.03 0 0 0 0 0

YA437 343275 6966123 3.03 0 140 150 700 400

YA443 343213 6966103 2.95 0 20 200 100 400

YA450 343259 6966048 2.71 0 120 50 160 150

YA451 343251 6966050 2.53 0 30 50 820 600

YA453 343284 6966014 2.48 0 70 100 360 200

YA247 343302 6966045 2.46 1 130 150 340 150

YA430 343251 6966085 2.33 0 160 50 200 250

YA442 343271 6966085 2.04 0 70 100 160 200

Table 1. Rock-chip samples in the discovery area with antimony (“Sb”) assay grades above 2% Sb These results and the associated JORC Table 1 information formed part of Traka’s announcement on 13 July 2015.

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The Musgrave Project The Musgrave Project is prospective for copper and nickel mineralisation associated with the mafic and ultramafic sequences of the Giles Intrusive Complex (Figure 7).

Figure 7: Musgrave Project tenement location plan

In the Jameson area Traka’s tenements are near the very significant copper and nickel resources of Babel, Nebo and Succoth (Figure 8). Cassini Resources Ltd (“Cassini”) purchased these prospects from BHP Billiton last year and, following data review and drilling, has recently released encouraging results of a Scoping Study as well as the location of new massive sulphide targets at Succoth. Ongoing positive results from Cassini may have a significant impact on Traka fortunes given the proximity and shared geological setting for mineralisation. Traka completed a detailed review of both old and new electromagnetic (“EM”) data last quarter and in this process highlighted three targets in the Jameson area (Atlas, Finlay and Janus). The Finlay target is already detailed enough for drilling whereas Atlas and Janus need higher resolution ground EM surveys first. An EM survey on the northern portion of the Camel Copper anomaly and the central part of the Atlas targets was completed last week but unfortunately no significant conductors that would suggest the presence of massive sulphide conductors was detected. Expansion of the EM program is merited in the Atlas area along with follow up of the Finlay and Janus areas whereas no further work is now planned on the Camel Anomaly.

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Figure 8: Aeromagnetic image showing prospect positions, structures and Traka tenements Outside the Jameson area, Traka’s holdings, including those in joint venture with AAE, are still in application stage. The Ravensthorpe Project Traka’s interest in the Ravensthorpe Project comprises three parts. For the first part Traka has 100% equity in the prospective drill-ready base-metal prospect at Mt Short. For the second part Traka retains a 20% Free Carried interest on the Bandalup Joint Venture area with Silver Lake Resources Limited (“SLR”). Thirdly, Traka retains a 20% Free Carried interest with Galaxy Resources Limited in tenements next to the Mt Cattlin lithium mine (Figure 9). A drill program to test the very prospective Mt Short Base Metal Program is permitted and ready to proceed after the completion of harvesting in December 2015. F

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Figure 9: Location plan of the Ravensthorpe Project

The Mt Short Base Metal Prospect strikes over 8 kilometres of volcanic and sedimentary rocks on the northern margin of the Ravensthorpe Greenstone Belt. This sequence is well defined by a coincident linear aeromagnetic ridge, but is under shallow regolith cover in wheat paddocks and is therefore not visible. Previous aircore geochemical results highlighted strongly anomalous lead (“Pb”), and copper (“Cu”) mineralisation (peak values 5081 ppm Pb and 981ppm Cu). An EM program over the same 8 kilometre strike also highlighted six conductors (M1 to M6) suggestive of the presence of massive and/or stringer sulphides. Permitting for the drill program has been completed but, given that the targets are in wheat paddocks, drilling will be undertaken when disruption to the farmer’s current cropping activities can be minimised.

Sirdar and Bandalup Joint Ventures (Traka Free Carried 20%) No information has been provided for these joint venture areas.

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The Ashburton River Project With the new and recent focus on the Yallalong Project and the opportunity it provides to advance to drilling very quickly, the majority of the tenement applications comprising the Ashburton River Project have been withdrawn. These tenements were yet to be granted and were being held up by heritage access negotiations. The single granted tenement (EL52/3053) has been retained and, although no field work has yet been commenced, shows potential for copper mineralisation based on the work of other neighbouring exploration activities on the abutting tenements. New Project Development Whilst the Company has successfully secured a new project at Yallalong, ongoing efforts will continue to be made for other good opportunities to expand the company’s exploration portfolio. The present period of depressed market conditions is increasingly bringing forth good projects which offer good leverage opportunities. Patrick Verbeek Managing Director 22 July 2015 COMPLIANCE STATEMENT The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr P Verbeek a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy and is engaged full time as the Managing Director of the Company. Mr Verbeek has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Verbeek consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

+ See chapter 19 for defined terms. 01/05/2013 – Appendix 5B Page 1 LexisNexis Service 25

Rule 5.3

Appendix 5B

Mining exploration entity and oil and gas exploration entity

quarterly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13

Name of entity

TRAKA RESOURCES LTD

ABN Quarter ended (“current quarter”)

63 103 323 173 30 June 2015

Consolidated statement of cash flows

Cash flows related to operating activities

Current quarter

$A’000

Year to date

(12 months)

$A’000

1.1 Receipts from product sales and related debtors - -

1.2 Payments for (a) exploration & evaluation

(b) development

(c) production

(d) administration

(197)

-

-

(106)

(541)

-

-

(444)

1.3 Dividends received - -

1.4 Interest & other items of a similar nature received 4 22

1.5 Interest and other costs of finance paid - -

1.6 Income taxes paid - -

1.7 Other (provide details if material) Receipt

Payment

-

209

-

Net Operating Cash Flows (299) (754)

Cash flows related to investing activities

1.8 Payment for purchases of: (a) prospects

(b) equity investments

(c) other fixed assets

-

-

-

-

-

-

1.9 Proceeds from sale of: (a) prospects

(b) equity investments

(c) other fixed assets

-

-

-

-

-

-

1.10 Loans to other entities - -

1.11 Loans repaid by other entities - -

1.12 Other (provide details if material) - -

Net investing cash flows

-

-

1.13 Total operating and investing cash flows (carried

forward) (299) (754) F

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+ See chapter 19 for defined terms. LexisNexis Service 25 Page 2 01/05/2013 – Appendix 5B

1.13 Total operating and investing cash flows (brought

forward) (299) (754)

Cash flows related to financing activities

1.14 Proceeds from issues of shares, options, etc. - -

1.15 Proceeds from sale of forfeited shares - -

1.16 Proceeds from borrowings - -

1.17 Repayment of borrowings - -

1.18 Dividends paid - -

1.19 Other (provide details if material) - -

Net financing cash flows - -

Net increase (decrease) in cash held

(299) (754)

1.20 Cash at beginning of quarter/year to date 445 900

1.21 Exchange rate adjustments to item 1.20 - -

1.22 Cash at end of quarter 146 146

Payments to directors of the entity, associates of the directors, related

entities of the entity and associates of the related entities

Current quarter

$A'000

1.23

Aggregate amount of payments to the parties included in item 1.2

86

1.24

Aggregate amount of loans to the parties included in item 1.10

-

1.25

Explanation necessary for an understanding of the transactions

1.7 Other Receipts relate to option payments received during prior quarters and the reimbursement

of expenditure commitments.

Non-cash financing and investing activities

2.1 Details of financing and investing transactions which have had a material effect on consolidated

assets and liabilities but did not involve cash flows

N/A

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2.2 Details of outlays made by other entities to establish or increase their share in projects in which the

reporting entity has an interest

N/A

Financing facilities available Add notes as necessary for an understanding of the position.

Amount available

$A’000

Amount used

$A’000

3.1 Loan facilities

- -

3.2 Credit standby arrangements

- -

Estimated cash outflows for next quarter

$A’000

4.1 Exploration and evaluation

155

4.2 Development

-

4.3 Production

-

4.4 Administration

140

Total

295

Reconciliation of cash

Reconciliation of cash at the end of the quarter (as shown in the

consolidated statement of cash flows) to the related items in the

accounts is as follows.

Current quarter

$A’000

Previous quarter

$A’000

5.1 Cash on hand and at bank 46 95

5.2 Deposits at call - -

5.3

5.4

Bank overdraft

Term Deposit

- -

100 350

5.5 Other (provide details) - -

Total: cash at end of quarter (item 1.22) 146 445

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+ See chapter 19 for defined terms. LexisNexis Service 25 Page 4 01/05/2013 – Appendix 5B

Changes in interests in mining tenements and petroleum tenements

Tenement

reference and

location

Nature of interest

(note (2))

Interest at

beginning

of quarter

Interest at

end of

quarter

6.1 Interests in mining

tenements and

petroleum

tenements

relinquished,

reduced or lapsed

EA69/2590

EA69/2834

EA69/2887

EA69/3257

P74/0265

P74/0266

P74/0273

Application withdrawn




Tenement expired/amalgamated



100%

100%

100%

100%

100%

100%

100%

0%

0%

0%

0%

0%

0%

0%

6.2 Interests in mining

tenements and

petroleum

tenements acquired

or increased

Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates.

Total number Number

quoted

Issue price per

security (see note 3)

(cents)

Amount paid

up per security

(see note 3)

(cents)

7.1 Preference +securities

(description)

7.2 Changes during

quarter

(a) Increases

through issues

(b) Decreases

through returns of

capital, buy-backs,

redemptions

7.3 +Ordinary

securities

111,848,198

111,848,198

Fully Paid

7.4 Changes during

quarter

(a) Increases

through issues

(b) Decreases

through returns of

capital, buy-backs

7.5 +Convertible debt

securities

(description)

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7.6 Changes during

quarter

(a) Increases

through issues

(b) Decreases

through securities

matured,

converted

7.7 Options

(description and

conversion factor)

2,000,000

450,000

2,000,000

450,000

Exercise price

8.75 cents

8.75 cents

2.56 cents

3.10 cents

Expiry date

17 November 2016

17 November 2016

9 March 2018

6 January 2018

7.8 Issued during

quarter

7.9 Exercised during

quarter

7.10 Expired during

quarter

7.11 Debentures

(totals only)

7.12 Unsecured notes

(totals only)

Compliance Statement

1 This statement has been prepared under accounting policies which comply with

accounting standards as defined in the Corporations Act or other standards acceptable

to ASX (see note 5).

2 This statement does give a true and fair view of the matters disclosed.

Sign here: Peter Ruttledge Date: 22 July 2015

Company Secretary

Print name: Peter Ruttledge

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Notes

1 The quarterly report provides a basis for informing the market how the entity’s

activities have been financed for the past quarter and the effect on its cash position.

An entity wanting to disclose additional information is encouraged to do so, in a note

or notes attached to this report

2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in

mining tenements and petroleum tenements acquired, exercised or lapsed during the

reporting period. If the entity is involved in a joint venture agreement and there are

conditions precedent which will change its percentage interest in a mining tenement

or petroleum tenement, it should disclose the change of percentage interest and

conditions precedent in the list required for items 6.1 and 6.2.

3 Issued and quoted securities The issue price and amount paid up is not required in

items 7.1 and 7.3 for fully paid securities.

4 The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of

Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.

5 Accounting Standards ASX will accept, for example, the use of International

Financial Reporting Standards for foreign entities. If the standards used do not

address a topic, the Australian standard on that topic (if any) must be complied with.

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TRAKA RESOURCES LIMITED

MINERAL TENEMENT INFORMATION (ASX Listing Rule 5.3.3)

For the quarter ended 30 June 2015

Mining tenements and beneficial interests held at quarter end and their location: Type Tenement Location Registered Holding Beneficial Interest

E 69/2032 Musgrave, WA 90% 90%

E 69/2230 Musgrave, WA 90% 90%

EA 69/2449 Musgrave, WA 100% 100%

EA 69/2591 Musgrave, WA 100% 100%

EA 69/2592 Musgrave, WA 100% 49%

EA 69/2609 Musgrave, WA 100% 100%

EA 69/2610 Musgrave, WA 100% 49%

E 69/2618 Musgrave, WA 100% 100%

EA 69/2647 Musgrave, WA 100% 100%

EA 69/2648 Musgrave, WA 100% 100%

EA 69/2652 Musgrave, WA 100% 100%

E 69/2747 Musgrave, WA 90% 90%

EA 69/2749 Musgrave, WA 100% 100%

EA 69/2816 Musgrave, WA 100% 100%

EA 69/2817 Musgrave, WA 100% 49%

EA 69/3156 Musgrave, WA 100% 100%

EA 69/3157 Musgrave, WA 100% 100%

EA 69/3355 Musgrave, WA 100% 100%

EA 69/3356 Musgrave, WA 100% 100%

E 74/0378 Ravensthorpe, WA 100% 100%




P 74/0309 Ravensthorpe, WA 20% 20%

P 74/0310 Ravensthorpe, WA 20% 20%

EA 52/3053 Ashburton River, WA 100% 100%

E 52/3070 Ashburton River, WA 100% 100%








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TRAKA RESOURCES LIMITED

MINERAL TENEMENT INFORMATION (ASX Listing Rule 5.3.3)

For the quarter ended 30 June 2015 Mining tenements and beneficial interests acquired during the quarter, and their location:

None Mining tenements and beneficial interests disposed of during the quarter, and their location:

Tenement Location Registered Holding Beneficial Interest

From To From To

EA 69/2590 Musgrave, WA 100% 0% 100% 0%

EA 69/2834 Musgrave, WA 100% 0% 100% 0%

EA 69/2887 Musgrave, WA 100% 0% 100% 0%

EA 69/3257 Musgrave, WA 100% 0% 100% 0%

P 74/0265 Ravensthorpe, WA 100% 0% 100% 0%



Key: E : Exploration licence M: Mining lease P: Prospecting licence EA: Exploration licence application

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traka resouces limited - asx2015/07/22 · china has always been the dominant source of antimony...

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