Quarterly Report F O R T H E P E R I O D E N D I N G 3 0 S E P T E M B E R 2 0 1 4 Significant Events

Exploration activities during the quarter focused on locating extensions to copper mineralisation at Renascor's 1050 East prospect and on prioritising targets located along-strike and adjacent to 1050 East in preparation of drilling in the current quarter

At 1050 East, Renascor completed two diamond holes, intersecting broad copper mineralisation down-dip of previously reported sulphide mineralised zones

A pilot geochemical soil survey over previously identified geophysical targets within the Eastern Eyre project returned anomalous copper values over gravity/magnetic targets, including the Nilginee and Knights prospects; Nilginee and Knights are expected to be included in forthcoming drilling this quarter

Continuing assessment of previous exploration undertaken within the project area identified Extension Tank, a standout gravity target located south of 1050 East, as a priority target for forthcoming drilling this quarter

Drilling is expect to commence in November and will include follow-up testing at 1050 East and first-pass drilling at the Nilginee, Knights and Extension Tank prospects

As of 30 September 2014, Renascor had approximately $1.093 million cash on hand

Exploration

EASTERN EYRE PROJECT

At its 100%-owned Eastern Eyre Project, located within the southern portion of the Olympic Dam copper belt (see Figure 1), Renascor's exploration activities focused on locating extensions to mineralisation at the 1050 East prospect and on reconnaissance exploration over previously identified geophysical targets located along- strike and adjacent to 1050 East. During the quarter, Renascor completed two diamond holes at 1050 East, intersecting broad copper mineralisation down-dip of previously reported sulphide mineralisation. Other activities included the completion of a pilot geochemical soil-sampling program that returned anomalous copper values over the Nilginee and Knights prospects, making these priority targets for planned drilling in the current
quarter.

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989

Email: info@renascor.com.au

Figure 1. South Australia's Olympic Dam belt of prospects, showing location of Renascor's Eastern Eyre project

ASX code: RNU 1

www.renascor.com.au

Discussion

Earlier this year, Renascor discovered high-grade copper-cobalt-silver mineralisation at its 1050 East prospect, with results including 13m @ 1.45% Cu, 66 ppm Ag and 0.17% Co (from 215m) in hole EEDD012, including a massive sulphide interval of 8m at 2.2% Cu, 92 ppm Ag and 0.26% Co (from
217m)1. Renascor considers the 1050 East discovery to represent a significant new style of copper
mineralisation in the Olympic Dam domain with high potential to deliver an economic copper resource. During the recently completed quarter, Renascor's exploration activities focused on locating extensions to the copper mineralisation intersected earlier this year and on reconnaissance exploration over previously identified geophysical targets located along-strike and adjacent to 1050
East in anticipation of planned drill programs to be undertaken in the current quarter.

1050 East

The 1050 East prospect is located within the southern portion of the Olympic Dam copper belt at the margin of the Roopena-Angle Dam fault structure and a north-northeast trending fault splay (the Freshwell Fault splay). Recent geologic mapping completed by the South Australian mines department suggests that the Freshwell fault splay is a classic volcanogenic setting sourced by the Tank Hill volcanic centre to the immediate north, with volcanism and coeval sedimentation controlled by the Freshwell fault splay within the Angle Dam volcanics sequence. See Figure 2. 1050 East is situated at the southern boundary, where the Angle Dam fault meets the Freshwell fault splay. Renascor's discovery of widespread copper mineralisation at 1050 East, including several intercepts of massive sulphides, suggests to Renascor that the Freshwell fault splay and the Angle Dam volcanic sequence (shown in red in the diagram below) represents a possible copper mineralised control structure with high potential to contain significant concentrations of copper.

Figure 2. 1050 East prospect area, showing recently interpreted Freshwell fault splays and historic drill holes (in red and blue) (underlying image from McAvaney and Wade, May 2014)

1 See ASX Release dated 21 January 2014. Renascor is not aware of any new information or data that materially affects information in this release.

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989

Email: info@renascor.com.au
2

ASX code: RNU


www.renascor.com.au

13m at 1.45% Cu, 66 ppm Ag and

0.17% Co (from 215m), incl: 3m @

4.0% Cu, 164 ppm Ag and 0.42% Co

(EEDD012)

4m @ 1.24% Cu and 65.8 ppm Ag

(from 67m) and 9m @ 1.07% Cu and

29 ppm Ag (from 75m) (EEDD013)

EEDD027

47m @ 0.59% Cu, 55 ppm Ag and 0.03% Co (from 172m), incl:

2m at 3.5% Cu, 142 ppm Ag and 0.03%

Co (EERCDD003)

EERCDD010

Figure 3. 1050 East massive sulphide zone showing drill holes >125m, with significant results and

RAB copper (green) and lead (grey) contours at Freshwell prospect

During the recently completed quarter, Renascor completed two diamond holes targeting extensions to massive sulphide zones intersected in Renascor's initial drill programs at 1050 East. The two holes were completed on Section 6374400N (which includes hole EEDD012) and Section 6374000N. In earlier drilling of up to approximately 200 metres, Renascor intersected multiple +1.0% copper intersections over both Sections 6374400N and 6374000N (see copper-grade percentages shown above in Figure 3). The recently completed diamond holes were designed to test for continued copper development at depth.
With assays pending, results from the drilling suggests continued sulphide copper development over both Sections 6374400N and 6374000N in areas immediately down-dip of previously intersected copper sulphides. Hole EEDD027 was drilled to 381 metres to test areas down-dip of hole EEDD012, where results included intersections of massive sulphides over 8 metres from approximately 200 metres. Hole EEDD027 intersected sulphide mineralisation with frequent chalcopyrite from approximately 228 metres to 235 metres and 244 to 267 metres down hole. Hole EERCDD010 was drilled 400 metres to the south of EEDD027 to test for similar sulphide mineralisation on Section
6374000N, where previous results included copper mineralised zones in drilling up to approximately
200 metres. In the current program, Hole EERCDD010 was extended to 310 metres by completing a diamond-drilled tail of 88 metres. Sulphide mineralisation was intersected in the extension from approximately 214 metres to 234 metres down hole.

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989

Email: info@renascor.com.au
3

ASX code: RNU


www.renascor.com.au
The results continue to confirm that the 1050 East prospect hosts significant copper mineralisation that appears structurally related to faulting within the Roopena-Angle Dam fault structure. At 1050
East, Renascor intersected copper mineralisation within the Angle Dam Volcanics sequence, the same
stratigraphy that hosts copper mineralisation within the north-northeast trending Freshwell fault splay. See Figure 2. 1050 East is situated at the margin of this fault splay and the Angle Dam fault structure, which Renascor considers a likely conduit for mineralisation sourced from nearby Hiltaba- age granite. The limited drilling that has occurred within the Freshwell fault splay has confirmed the presence of significant copper and lead at the Freshwell prospect (see Figure 3). This suggests to Renascor that the splay has high potential to contain additional copper development of the type intersected by Renascor at 1050 East. Accordingly, subsequent drilling at 1050 East will focus on locating additional copper development along this northeast trending splay.

Prospects along-strike from 1050 East


In addition to the 1050 East area, Renascor considers the wider Roopena-Angle Dam fault structure to offer highly prospective and untested targets for large-scale copper mineralisation. The discovery of high-grade copper at 1050 East has highlighted the significance of the Roopena-Angle Dam fault, which extends through the project area for approximately 40 kilometers, as a potential transport system and host for extensive copper mineralisation. Significantly, only limited exploration has been conducted along this trend. Renascor is targeting untested and similarly prospective copper prospects within this and other fault- controlled systems within the tenement package. From a recent gravity survey conducted by Renascor and evaluation of historical exploration results, Renascor has identified multiple geophysical and geochemical anomalies within these fault systems. See Figure 4.

Figure 4 (right). Eastern Eyre projects, showing identified targets

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989

Email: info@renascor.com.au
4

ASX code: RNU


www.renascor.com.au
During the recently completed quarter, as a relatively cost effective method to priortise targets, Renascor completed a pilot geochemical soil-sampling program covering 1050 East and several high priority targets utilising a field portable XRF device. This survey identified anomalous copper, as well as lead, zinc, vanadium or titanium, at multiple prospects, including the Nilginee, Knights and Highway gravity targets. Details regarding each of these prospects are provided below:

Nilginee. The Nilginee prospect is a large-amplitude (+3MGal), iron-oxide, copper-gold (IOCG) style gravity anomaly located in the southern part of the project area and immediately east of Arrium's Moola prospect (which hosts copper-gold mineralisation within a stratabound hematite-albite-calcite-chlorite breccia). The centre of the gravity feature is coincident with a magnetic anomaly. As show in figure 5 (below), soil sampling identified anomalous copper (+50 ppm copper) over approximately 400 metres by 400 metres in an area coincident with the gravity anomaly. Soil analysis also returned elevated lead, zinc, vanadium and titanium. The copper-in-soil levels at Nilginee display a similar response as evidenced at 1050 East, suggesting Nilginee may sit within a similar parallel fault structure to 1050 East. Renascor considers Nilginee to represent a high- priority prospect and intends to include initial drill-testing of Nilginee in connection with anticipated follow-up drilling at 1050 East next quarter.

Figure 5. Nilginee prospect, showing copper in soils and residual gravity counters

(0.5 MGal intervals)

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989

Email: info@renascor.com.au
5

ASX code: RNU


www.renascor.com.au

Knights. The Knights gravity anomaly is located immediately south of Nilginee along the same fault trend. Similar to Nilginee, XRF analysis returned elevated copper-in-soils at levels consistent with 1050 East (+50 ppm) over 400 metres of strike, with the maximum copper value (477 ppm copper) on the southernmost surveyed line. See Figure 6. The geochemical anomaly remains open, with further sampling required to establish the full extent of copper anomalism. Renascor anticipates conducting initial drilling of Knights after (and subject to the results of) drill-testing of the nearby Nilginee prospect.

Figure 6. Knights prospect, showing copper in soils and residual gravity counters (0.5 Mgal intervals)

Highway. The Highway gravity anomaly is located to the northwest of 1050 East along an interpreted north/northwest trending regional fault. It is located immediately north- east of Arrium's Iron Knob iron ore mine. Soil sampling identified anomalous copper (+50 ppm copper) on three reconnaissance lines covering the two-kilometre extent of the residual gravity anomaly. See Figure 7. Renascor expects to complete prioritisation of Highway for initial drill-testing upon conducting further geochemical sampling and geophysical modelling.

Figure 7. Highway prospect, showing copper in soils and residual gravity counters (0.5 Mgal intervals)

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989

Email: info@renascor.com.au
6

ASX code: RNU


www.renascor.com.au

Extension Tank prospect

Renascor's assessment of previous exploration undertaken within the project area resulted in the identification of the Extension Tank prospect, a standout gravity target located south of 1050 East. See Figure 4. Extension Tank is a high amplitude (6MGal) gravity anomaly with a discreet gravity signature within the Roopena fault zone. A moderate coincident magnetic response is evident in the southern portion of the target zone. See Figure 8. The gravity anomaly has yet to be drill-tested at target depths of approximately 150 metres, and limited shallow drilling over the magnetised portion has not explained the gravity anomaly. As a result of the density of the gravity anomaly and its discreet location within the Roopena fault structure, Renascor's considers Extension Tank to represent a high-priority target for IOCG-style mineralisation, and thus a high-priority target that it intends to test in its forthcoming drill program.

Figure 8. Extension Tank prospect, gravity contour image showing 0.5 Mgal intervals

Next steps

Renascor expects to recommence drilling in the current quarter, with targets to include follow-up testing at 1050 East and first-pass drilling at the Nilginee, Knights and Extension Tank prospects.

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989

Email: info@renascor.com.au
7

ASX code: RNU


www.renascor.com.au

Corporate

Set forth below is a brief summary of other key information relating to corporate events for the quarter.

Renascor surrendered exploration licences EL 4957 (Farina) and ELs 5211 and 5269 (Pirie

Basin). Refer to Table 1 (attached) for tenement information (Listing Rule 5.3.3).

Renascor provided notice to Hiltaba Gold Pty Ltd of its intention to withdraw from its joint venture in EL 5307 (Pirie Basin). Refer to Table 1 (attached) for tenement information (Listing Rule 5.3.3).

As of 30 September 2014, Renascor had approximately $1.093 million cash on hand. Please refer to Renascor's Quarterly Cashflow Report for the period ending 30 June 2014 for further information.

COMPETENT PERSON STATEMENT

The results reported herein, insofar as they relate to exploration results, are based on information compiled by Mr G.W. McConachy (Fellow of the Australasian Institute of Mining and Metallurgy) who is a Director of the Company. Mr McConachy has sufficient experience relevant to the style of mineralisation and type of deposits being considered to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code, 2012 Edition). Mr McConachy consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

BACKGROUND INFORMATION

Renascor Resources is an Australian-based company focused on the discovery and development of economically viable deposits containing, copper, gold, uranium, and associated minerals. Renascor has an extensive tenement portfolio, holding interests in projects in key mineral provinces of South Australia and the Northern Territory.
For further information, please contact:
Mr David Christensen Mr Angelo Gaudio
Managing Director Company Secretary
+61 8 8363 6989 info@renascor.com.au

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989

Email: info@renascor.com.au
8

ASX code: RNU


www.renascor.com.au

Table 1:Summary of tenements for quarter e nded 30 September 2014 (ASX listing Rule 5.3.3)

Locatlon

Project Name

Tenement No. Tenement Name

Registered

Owner 1

% Status asat lnterest 30 June 2014

Tenements held during guarter ended 30 Se tember 2014:

South Australia

Eastern Eyre

EL4721

Iran Baron

Renascor 100 Current

South Australia

Eastern Eyre

EL5012

Cuitana

Renascor 100 Current

South Australia

Eastern Eyre

EL5236

Old Wartaka

Renascor 100 Current

South Australia

Eastern Eyre

EL5401

Lincoln Gap Area

Currie 2 o 2 Current

South Australia

Eastern Eyre

EL5400

Mt Whyalla Area

Currie 2 o 2 Current

South Australia

Gawle r Craton

EL4675

Gairdner

Renascor 100 Current

South Australia

Gawle r Craton

EL4836

Lake Harris

Renascor 100 Current

South Australia

Warrior

EL4570

Warrior

Renascor 100 Current

South Australia

Warrior

EL4707

Carnding

Renascor 100 Current

South Australia

Farina

EL4627

Tent Hill

Renascor 100 Current

South Australia

Farina

EL4628

Wilpoorina

Renascor 100 Current

South Australia

Farina

EL4822

Willouran

Renascor 100 Current

South Australia

Olary

EL4394

Cutana

Astra 100 Current

South Australia

Olary

EL4399

Outalpa

Astra 100 Current

South Australia

Olary

EL5301

Outalpa A, B & C

Renascor 100 Current

South Australia

Olary

EL5228

Wompinie

Renascor 100 Current

South Australia

Pirie Basin

EL5307

Cowell

Hiltaba 3 o 3 Current

South Australia

Pirie Basin

EL4400

Midgee

Renascor 100 Current

South Australia

Frame Basin

EL5322

Lake Callabonna

Renascor 100 Current

South Australia

Frame Basin

EL5323

Lake Yannerpi

Renascor 100 Current

South Australia

Frame Basin

EL5324

Lake Callabonna South

Renascor 100 Current

South Australia

Frame Basin

EL5325

Callabonna

Renascor 100 Current

South Australia

Frame Basin

EL5326

Coonee Creek

Renascor 100 Current

South Australia

Frame Basin

EL4584

Benagerie Ridge C

Renascor 100 Current

South Australia

Frame Basin

EL4585

Benagerie Ridge D

Renascor 100 Current

South Australia

Frame Basin

EL4586

Benagerie Ridge E

Renascor 100 Current

South Australia

Frame Basin

EL4672

Culberta Bore

Renascor 100 Current

Northern Territor Naglia Basin

ELA27517

NirripiNth

Kurilpa

100

Application

Northern Territor Naglia Basin

ELA27518

NirripiWest

Kurilpa

100

Application

Northern Territor Naglia Basin

ELA27520

GhostGumBore

Kurilpa

100

Application

Tec m Dl:ì dl:illQd duriDK guiutr DddQ llt mbr ZQH;

South Australia

Pirie Basin

EL5211

Elbow Hiii-A

Renascor

o

Surrendered

South Australia

Pirie Basin

EL5269

Elbow Hiii-B

Renascor

o

Surrendered

South Australia

Farina

EL4957

Lyndhurst

Renascor

o

Surrendered

Nate l

Renascor: Renascor Resources Limited

Kurilpa: Kurilpa Uranium Pty Ltd, a wholly owned subsidiary of Renascor Resources Limited

Astra: Astra Resources Pty Ltd, a wholly owned subsidiary of Renascor Resources Limited

Currie: Currie Resources Pty Ltd

Hiltaba: Hiltaba Go/d Pty Ltd, a wholly owned subsidiary of Stellar Resources Limited

Nate2

Agreement- option to acquire 100%

Nate3

Agreement- option to earn 75%

ACN 135 531 341

36 North Terrace, Kent Town, SA 5067

Phone: +61 8 8363 6989Fax: +61 8 8363 4989

Email: info@renascor.com.au

9

ASX code: RNU


www.renascor.com. au

distributed by