Woodlawn Retreatment Project 2015 Mineral Resources Technical Report (NI 43-101)


Woodlawn Retreatment Project 2015 Mineral Resources Technical Report (NI 43-101)


Effective 30th November 2015


Report for

Heron Resources Limited

By principal author & Qualified Person

Robin Rankin

MAusIMM CP(Geo)


GeoRes

Project

GR1609


Mail PO Box 2332 Bowral NSW 2576 Australia Ph +61 (0)2 4861 3568 Mob +61 (0)408 724 811

E-mail robin.rankin@geores.com.au

Woodlawn Retreatment Project 2015 Mineral Resources Technical Report (NI 43-101)


Effective 30th November 2015


On tailings dam Mineral Resource estimation at the Woodlawn Mine property for Heron Resources Ltd. This estimates replace the previous 2008 estimate for Tri Origin Exploration Ltd.

Woodlawn Mine is near Tarago in the state of New South Wales, Australia, and is on

Special Mining Lease 20 (SML 20).


Report for

Heron Resources Limited

By principal author & Qualified Person

Robin Rankin

MAusIMM CP(Geo)


GeoRes

Project

GR1609

DATE AND SIGNATURE PAGE


This Technical Report (entitled 'Woodlawn Retreatment Project 2015 Mineral Resources Technical Report (NI 43-101)', effective date 30th November 2015) has been prepared, signed and dated by the following Qualified Person (QP). The QP designation is within the meaning of Canadian National Instrument 43-101 of 24th June 2011.



Robin A Rankin (Qualified Person) MSc DIC MAusIMM CP(Geo)1


Principal Consulting Geologist

GeoRes


Signed 30th November 2015


At Bowral, NSW, Australia


1 Accredited by the Australasian Institute of Mining & Metallurgy (The AusIMM) since 2000 as a Chartered Professional (CP) in the Geology discipline.

CERTIFICATE OF QUALIFIED PERSON


I, Robin A Rankin, do hereby certify that:


  • I am Principal Consulting Geologist and operator of GeoRes, with business address at 4 Warenda Street, Bowral, New South Wales, Australia, 2576.


  • This certificate applies to the report entitled 'Woodlawn Retreatment Project 2015 Mineral Resources Technical Report (NI 43-101)' (the 'Technical Report') of effective date 30th November 2015. The Report relates to Special Mining Lease 20 constituting the property of the Woodlawn Projects (the Project) in the state of New South Wales, Australia.


  • I graduated with a Bachelor of Science (BSc) degree in Geology from the University of Cape Town, South Africa, in1980. In addition I have obtained a Master of Science (MSc) degree in Mineral Production Management from the University of London (Royal School of Mines at Imperial College London), United Kingdom, in 1988 and a Diploma of the Imperial College (DIC) from Imperial College London in 1988. I have practiced my profession (geology) virtually continuously since 1981. A summary of my relevant experience follows:

    • 1981 - 1987 Mineral exploration geologist employed or contracted by several mining, exploration and consulting companies including Goldfields of South Africa, Australian Groundwater Consultants Union Oil Development Corporation, and BHP (under contract).

    • 1989 - 2003: Metals geologist, employed by Exploration Computer Services and then Surpac Minex Group, specialising in mining software and resource modelling and estimation.

    • 2003 - 2006: Principal metals geologist employed by SMG Consultants.

    • 2006 - Present: Principal consulting geologist of GeoRes.


  • I am a member of the Australasian Institute of Mining and Metallurgy (MAusIMM). Furthermore I have been registered as a Chartered Professional in the Geology discipline (CP(Geo)) by the AusIMM since 2000.


  • I am a 'Qualified Person' (QP) for the purposes of National Instrument 43-101 (NI 43-101) due to my education, past relevant experience, and current affiliation and membership designation with an accepted foreign professional organisation (MAusIMM CP(Geo)) as defined in NI 43-101.


  • I visited Woodlawn several times during the Woodlawn Mine operation in the 1990's; on November 6th 2006 for 1 day to specifically inspect the tailings dams for the previous 2008 Resource estimation; and on 4th June 2015 for 1 day to specifically inspect the tailings dams and remaining drill hole collars.


  • I am the author of and responsible for the full Report.


  • I am independent of the Issuer in terms understood from Part 1.5 of NI 43-101 and the tests detailed in Part 1.5 of the Companion Policy 43-101CP.


  • My prior involvement with the properties that are the subject of the Technical Report were:

    • Several visits to the Woodlawn Mine during the 1990's. These included inspection of the open pit and underground workings. They also included discussion of the geological systems in operation, including the computerised modelling.

    • A consulting project for the Woodlawn Mine in approximately 1997 to model the workings for presentation graphics. This did not include any work with drill hole data. This work was performed whilst Senior Geologist for ECS Mining Consultants.

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