Proactiveinvestors Australia

OVERVIEW (OBJECTIVE AND VALUES)

Unlocking the potential of Australia’s final frontier by bringing a new approach to discover tier one, Gold and Gold-Copper deposits.

The guiding principles to which the Company's personnel strive to comply are:
* Performance (Strive to excel) through expressing energy and initiative, working as a team, being accountable for all  actions and always reaching for continuous improvement.
* Simplicity (Keep it simple) through focusing on priorities, avoiding bureaucracy, communicating clearly and striving to being quickly understood.
* Leadership (Show the way) through providing positive direction in a dynamic context, thinking strategically, being innovative and creative in a way that is inspiring to others.
* Commercial focus (Treat the company as if you owned it) by being financially responsible, making ruthlessly objective decisions, staying fully informed, understanding the market and working always to create long term shareholder value.
* Integrity (Always doing the right thing) through always acting with openness, honesty, authenticity and respect to all stakeholders including the global community. The company expresses its dignity through the dignity of its office bearers.

TWIN BONANZA PORPHYRY GOLD PROJECT

The Twin Bonanza Project is located in the Tanami Region of the Northern Territory approximately 22 km south of the Tanami Road and 14 kilometres east of the Western Australia / Northern Territory Border.

Figure 1. Twin Bonanza Location Map

The project contains:

1. The Buccaneer Zone – a gold porphyry system extending over 200,000 sq m.
2. Old Pirate – Gold bearing quartz veins over a 3km strike length.
3. Cypress (Buccaneer North extensions) – gold porphyry target.
4. Anomaly 19 – 2.5 km arsenic + base metal anomaly

The Buccaneer Porphyry is an intrusive related gold system. On a broad scale the Buccaneer Porphyry consists of a 3km by 1.6km gold anomaly defined by shallow geochemistry drilling. Within this zone an area approximately 200,000 square metres has received further deeper drilling. ABM has currently completed 30 holes at Buccaneer to test the system from surface to depths >350metres.

Figure 2. Plan view of southern portion of the Buccaneer Porphyry Prospect showing drill hole locations and geology. Map includes inferred composite contour at various grade cut-offs from drilling projected from various levels to surface i.e. does not represent single level plan-slice –refer to cross-sections for indications of width.

The Buccaneer Porphyry is an intrusive related /porphyry gold system of comparable or larger footprint than many world-class systems.

ABM’s recent drill results include the following:

• 363m @ 0.59g/t gold including:
         • 202m @ 1.00g/t gold
         • 39m @ 2.24g/t gold
• 341 metres grading 0.69g/t gold including:
         • 93 metres grading 0.70g/t gold and
• 127 metres grading 1.18g/t gold including:
         • 67metres grading 2.07g/t gold (0.7g/t cut-off)

Figure 3	Figure 4

The Old Pirate prospect is located 1.8km southwest of the Buccaneer Porphyry Gold Project and contains multiple high grade gold veins up to several metres wide. ABM has completed the two phases of drilling at Old Pirate testing the OP Central / South areas. Many of the veins outcrop at surface with coarse visible gold and rock-chip samples >2000g/t.

Significant drill intercepts from ABM’s drilling include:

• 43m @ 7.00g/t gold (0.3g/t cut-off) including:
           • 17m @ 16.72g/t gold (0.7g/t cut-off
• 10m @ 1.3g/t gold (1.0g/t cut-off)

• 5m @ 2.56g/t gold (1.0g/t cut-off)
• 5m @ 274g/t gold (1.0g/t cut-off) including:
           • 1m @ 1360g/t (2.0g/t cut-off)

Figure 5. Old Pirate Central / South Plan View with mapped vein interpretations, location of Phase 1 and Phase 2 drill results and results of previous drilling (OPRC100006 and OPRC100007 located at Old Pirate Far North Prospect are beyond the northern extent of this map).

Dr Mike Etheridge - PhD, FTSE, FAIG, FAICD
Non-Executive Chairman

Status:  Independent

Dr Mike Etheridge is a geologist with over 40 years’ experience in exploration, mining, consulting and research. Until 2004 he was Chairman of the consulting firm SRK Consulting (Australia), having co-founded its predecessor, Etheridge Henley Williams in 1990. Dr Etheridge is an Adjunct Professor at Macquarie University, where he led an industry collaborative research project into improving the management of risk and value in mineral exploration. He has been a Non-Executive Director of Lihir Gold Ltd (ASX, POMSoX, NASDAQ, TSX), Consolidated Minerals Ltd (ASX, AIM), Ariana Resources Ltd (AIM), Ballarat Goldfields NL (ASX) and Geoinformatics Exploration Inc (TSX-V), among others. He also chaired the boards of the Predictive Mineral Discovery Cooperative Research Centre and AuScope Ltd, two major government and industry-funded research bodies. He is currently a Director of the Deep Exploration Technologies CRC, Chairman of ASX-listed Clancy Exploration Ltd and Chairman of unlisted Zeus Uranium Ltd.

Dr Etheridge is Chairman of the Group’s Remuneration and Nomination Committee, a member of the Audit Committee and Chairman of the Safety, Technical and Sustainability Committee.

Mr Darren Holden - BSc Hons, MAusIMM 
Managing Director

Status:  Not independent

Mr Holden is a geologist with 17 years’ experience in mining and exploration. He is a graduate of the University of Otago (NZ) and The University of Western Australia and is a Member of the Australasian Institute of Mining and Metallurgy. Mr Holden has previously held the role of Senior Consultant at Fractal Geoscience and was involved in geophysical and geological modelling and targeting on a wide range of deposit styles. Mr Holden also held the roles of Vice President and Chief Operating Officer of Geoinformatics Exploration Inc for the period from 2001 to 2009. Under Mr Holden’s exploration tutelage Geoinformatics successfully delineated several new discoveries including a multimillion ounce gold-copper project in Alaska and other base and precious metal discoveries in British Columbia, Nevada and Mexico. Mr Holden returned to Perth in November 2009 to take up the position of Managing Director at ABM Resources NL. 

Mr Holden is a member of the Group’s Safety, Technical and Sustainability Committee.

Mr I. Kins - BEc.MA
Executive Director

Status:  Not independent

Mr Kins is currently Non-Executive Director of ABM Resources NL. Mr Kins is an Economist with over 25 years’ experience specialising in the resource sector. He has a Bachelor of Economics from the University of WA and a Master of Arts (Futures studies) degree from the Curtin University of Technology. Mr Kins has worked in the State Government (including industrial and resource development) and then mainly the private sector in regards to the resource sector. Since 1987 he has mainly worked as a consultant to the resource sector undertaking projects with exploration and mining companies, investors and brokers. Mr Kins brings extensive resource sector based strategic planning, macroeconomic and corporate governance experience to the Board. He is currently Executive Chairman of Rico Resources Ltd (ASX: RRI) and Director of Ochre Management Limited. 

Mr Kins is a member of the Group’s Remuneration and Nomination Committee and a member of the Audit Committee.

Graeme Sloan - BAppSc, MAusIMM
Non-Executive Director

Status:  Independent

Graeme Sloan is a Mining Engineer with extensive corporate and operational experience both within Australia and overseas. He is currently Managing Director of Herencia Resources PLC and Non-Executive Director of Orion Gold NL. Mr Sloan has held senior roles with several ASX listed companies including of Tanami Gold NL and has been responsible for the successful development, implementation and commissioning of various projects over a range of different commodity types. 

Mr Sloan is a member of the Group’s Remuneration and Nomination Committee, Chairman of the Audit Committee and a member of the Safety, Technical and Sustainability Committee.

Largest 40 Shareholders as at 31 July 2011