Suite G5, 283 Alfred Street North Sydney, NSW, 2060
GPO Box 2867,
Sydney, NSW 2001
T: + 61 2 81971188
F: + 61 2 84565708 E:info@zamia.com.auwww.zamia.com.au
20 June 2018
ASX Limited
Centralised Company Announcements Office Exchange Centre 20 Bridge Street
Sydney NSW 2000
ZAMIA METALS LIMITED: QUARTERLY ACTIVITIES REPORT
FOR THE QUARTER ENDED 31 MARCH 2018
OCCUPATIONAL HEALTH AND SAFETY
There were no lost-time or injury incidents during the Quarter.
CORPORATE ACTIVITIES
Proposed acquisition of Kirkham International Pte Ltd
As previously reported, the Kirkham Acquisition was subject to satisfaction of conditions including a prospectus capital raising, regulatory and shareholder approvals. On 30 November 2017 the Company announced the decision by the ASX to exercise discretions under ASX Listing Rules 1.19 and 2.9 to not grant admission and quotation. As a consequence of this, the Company was unable to satisfy the conditions precedent as described in the SSPA including the Sunset date, resulting in the SSPA being terminated.
Negotiations are continuing between the parties but have yet to be concluded. The Company will inform shareholders of progress made by your directors on this proposed transaction.
CENTRAL QUEENSLAND EXPLORATION
Exploration Tenements
A number of Exploration Permits for Minerals are held by Zamia Resources Pty Ltd, a controlled entity of Zamia.
Tenement No | Project Name | Grant Date | Expiry Date | Status at | Area km² at |
30.04.2018 | 30.04.2018 | ||||
EPM 14790 | Mazeppa | 12.01.2006 | 11.01.2021 | Year 12 | 41 |
EPM 15145 | Mazeppa | 11.08.2006 | 10.08.2022 | Year 12 | 57 |
ZAMIA Metals Limited ___________________________________________________________________ ABN 73 120 348 683
Suite G5, 283 Alfred Street North Sydney, NSW, 2060
GPO Box 2867,
Extended
Sydney, NSW 2001
T: + 61 2 81971188
F: + 61 2 84565708 E:info@zamia.com.auwww.zamia.com.au
EPM 17488 | Mistake Creek | 05.11.2009 | 04.11.2017 | Year 8 | 25 |
EPM 16524 | Logan Creek | 23.12.2010 | 22.12.2020 | Year 7 | 25 |
EPM 17703 | Disney | 30.01.2012 | 29.01.2022 | Year 6 | 32 |
EPM 19369 | Amaroo South | 30.01.2012 | 29.01.2022 | Year 6 | 19 |
EPM 18655 | Dingo Range | 29.05.2014 | 28.05.2019 | Year 4 | 22 |
TOTAL | 221 |
Exploration permits held by Zamia Resources Pty Ltd as at 30 April 2018
ZAMIA Metals Limited ___________________________________________________________________ ABN 73 120 348 683
Suite G5, 283 Alfred Street North Sydney, NSW, 2060
GPO Box 2867,
Sydney, NSW 2001
T: + 61 2 81971188
F: + 61 2 84565708 E:info@zamia.com.auwww.zamia.com.au
Exploration Activities
Belyando Gold Project: Planning continues for a gradient array I.P. survey and other fieldwork. It is the intention of the directors that the survey will be conducted if and when funds become available, as such a survey will assist in the determination of drill targets in and around Belyando.
Porphyry copper-gold targets: Zamia continues to seek a joint venture partner to fund follow-up exploration on identified targets.
Andrew Skinner
Executive Chairman, Zamia Metals Limited
Competent Person exploration content statements only by:
Dr Ken Maiden
Consultant, Zamia Metals Limited
Competent Person Statement
Dr Ken Maiden, MAIG, a former Director of Zamia Metals Limited, compiled the geological technical aspects of this report. He has sufficient experience 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". Dr Maiden consents to the inclusion of the matters in the form and context in which they appear and takes responsibility for data quality.
ZAMIA Metals Limited ___________________________________________________________________ ABN 73 120 348 683
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Zamia Metals Limited published this content on 22 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 June 2018 20:57:03 UTC