	"                         BEACONSFIELD, TAS"																																																												
	                                   RESOURCE CALCULATION SHEET																																																												
	                                Lower Cut-off grade 0.6%Ni equivalent																																																												
	                                ALL RESOURCES: ALL LITHOLOGIES																																																												
																																																													
	Lithology				Ni	Co	Tonnes	%Ni 	Percentage																																																				
					%	%		 Equivalent	Tonnes    Ni       Co   																																																				
																																																													
	Hematite				0.63	0.12	167657	1.05	1.3%   1.0%    2.3%																																																				
	Limonite				0.39	0.12	794699	0.81	 6.4%   3.0%   11.3%																																																				
	Saprolite				0.88	0.07	9213728	1.13	73.8%  77.7%  75.9%																																																				
	Weathered Serpentinite				0.82	0.04	2301870	0.96	  18.5%  18.3%  10.5%  																																																				
	TOTALS				0.83	0.07	12477955	1.07																																																					
																																																													
																																																													
