D003-3 NEWCREST MINING LIMITED (Newcrest Operations Limited) EL9/2005 Red Hills Annual Report for the Period 1/7/2007 to 30/5 2008 Compiled by: Joel Kitto mAY 2007 SUMMARY Newcrest Mining Limited commenced exploration for gold rich deposits at Red Hills, on being granted EL9/2005 on the 1st July 2005. The tenement encompasses 8 km2 of prospective Mount Read Volcanics approximately 1 km to the east of the Henty gold mine from 3 km south west of Mt Murchison down to approximately 1 km to the north of Lake Westwood. Due to recent changes in Newcrest Mining Limited’s corporate and exploration strategy, no exploration work was completed on the license, in this the third year of tenure. Efforts have concentrated on locating a suitable joint venture partner to continue the exploration effort. DIGITAL FILES EL9_2005_200805_01_Report.pdf (Report Text & Figure 1) EL9_2005_200805_02_Appendix1.txt (Soil Sample Data) EL9_2005_200805_03_File Verification.txt (File Verification Listing) Datum GA94 Zone 55 Distribution Mineral Resources Tasmania Newcrest Mining Limited - S.E. Australia