Brockman Mining : OVERSEAS REGULATORY ANNOUNCEMENT QUARTERLY ACTIVITIES REPORT

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BROCKMAN MINING LIMITED

布 萊 克 萬 礦 業 有 限 公 司 *

(incorporated in Bermuda with limited liability)

(SEHK Stock Code: 159) (ASX Stock Code: BCK)

OVERSEAS REGULATORY ANNOUNCEMENT QUARTERLY ACTIVITIES REPORT

The following is the text of the quarterly activities report of Brockman Mining Limited (the "Company") released by the Company on ASX Limited today.

By order of the board of directors of Brockman Mining Limited Chan Kam Kwan, Jason

Company Secretary

Hong Kong, 29 April 2016

As at the date of this announcement, the board of directors of the Company comprises Mr. Kwai Sze Hoi (Chairman), Mr. Liu Zhengui (Vice Chairman) and Mr. Ross Stewart Norgard as non-executive directors; Mr. Chan Kam Kwan, Jason (Company Secretary), Mr. Kwai Kwun Lawrence and Mr. Colin Paterson as executive directors; Mr. Yap Fat Suan, Henry, Mr. Uwe Henke Von Parpart and Mr. Choi Yue Chun, Eugene as independent non-executive directors.

• For identification purpose only

  - 2-

  Incorporated in Bermuda with limited liability

  SEHK Stock Code: 159 ASX Stock Code: BCK

  QUARTERLY

  REPORT

  For the quarter ended

  31 March 2016

  QUARTERLY ACTIVITIES REPORT 31 March 2016

  Table of Content

• HIGHLIGHTS 3

• CORPORATE REVIEW 4

• MARILLANA IRON ORE PROJECT 4

• OPTHALMIA 5

• TENEMENTS 6

• DAMAJIANSHAN MINE 8

• CORPORATE PROFILE 9

• GLOSSARY 10

• Appendix 5B 11

QUARTERLY ACTIVITIES REPORT 31 March 2016

1. HIGHLIGHTS

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Brockman has entered into a Heads of Agreement with Qube Bulk Pty Ltd to

facilitate an infrastructure solution for an initial small scale (2.5Mtpa) mining operation at the Company's 100% owned Marillana iron ore deposit (the Maverick Project).

Brockman was successful in having the appeal by TPI against the original Supreme Court finding regarding the validity of Brockman's Access Proposal dismissed. On 29 February 2016, the Court of Appeal handed down its decision upholding Edelman J's decision of 26 September 2014, finding that the Access Proposal complied with the requirements of s8 of the Access Code. TPI's appeal was wholly dismissed, with TPI ordered to pay Brockman's costs of the appeal.

Revised mine planning studies at Marillana are demonstrating that reduced stripping ratios, haul distances and waste rehandle can all be achieved, whilst still maximising product yield in the first ten years of mine life.