GOLDEN CROSS RESOURCES LTD(GCR)

ASX has, at GCR's request, granted GCR a further extension from 18 January 2022 to no later than 18 February 2022 of the deadline by which ASX will remove GCR from the official list of ASX if GCR's securities have not been reinstated to official quotation prior to commencement of trading on that date.

The Company has received the assay results for the recently completed infill and extension surface sampling over part of the Copper Hill tenement Exploration Licence 6391, north of Molong, NSW. The infill / extension sampling of surface soils was designed to extend coverage based on a MGA grid [MGA z55 GDA94] over areas of Copper Hill and surrounds that are potential future infrastructure sites [waste rock stack and tailings storage area, in previous draft site layouts]. Sampling was undertaken on a first pass spacing of 200 x 200 metres and covered 36 sites.

The company releases an Appendix 3X Query and Response.

The Company has engaged Fender Geophysics, to undertake tenement geophysical surveys over Exploration Licence 6391 located 5 kilometres north of Molong in Central NSW. Seventeen landholders were contacted for access arrangements to undertake the survey, with widespread co-operation, subject in most cases to consideration of surface conditions before vehicle access to the survey station sites. Rain events culminating in the Molong Flood impacted the work program and the Fender crew completed 27 stations located in peripheral areas of the tenement.

The Company has completed infill and extension surface sampling over part of the Copper Hill tenement Exploration Licence 6391, north of Molong, NSW. The infill / extension sampling of surface soils is designed to extend coverage based on a MGA grid [MGA z55 GDA94] over areas of Copper Hill and surrounds that are potential future infrastructure sites [waste rock stack and tailings storage area, in previous draft site layouts].

The offer under the prospectus dated 29 November 2021 will close on 5 January 2022 as per the indicative timetable previously set out.

The Company engaged Kenflo Pty Limited metallurgist, Ken Kellett, to compile a review of the metallurgical testing undertaken at Copper Hill since 2006.The chronological review was undertaken during October-November 2021, and would assist planning of further metallurgical test work. In December 2021 Kellett produced a detailed chronology of the testwork at Copper Hill.

The Company has compiled and lodged an Exploration Program for Environment Protection and Rehabilitation with the SA Department for Energy and Mining following receipt of opinion from South Australian land access expertise with regard to alternatives to progress access to the Woomera Prohibited Area.

Drilling was undertaken in December 2021, while a flood event stalled progress for 3 days. The Quidong Basin has numerous occurrences of carbonate-hosted zinc/lead and gold mineralisation, and potential intrusive-related gold mineralisation, which occurs elsewhere in the region. Previous data and Golden Cross Resources' field reconnaissance have identified zinc-lead-gold drill targets which remain to be tested.

The Company has completed a gravity geophysical survey over EL8270 located 40 kilometres south of Nymagee in Central NSW.

The company releases a further update to the Copper Hill drilling. Results from GCHD 477 received. Confirmation of oxide and infill of resource zone. Individual meters > 1% copper and >1.0 g/t gold.

After successive disruptions due to border restrictions associated with Covid-19 and flooded access roads and areas, a drill rig has been successfully mobilised to site at the Quidong Project in southeastern NSW, for commencement of drilling on approved sites.

The company releases a notification of proposed issue of securities.

The company has lodged a prospectus for an offer up to 10 million fully paid ordinary shares at $0.30 per share to raise up to $3 million before costs.

The company releases the results of its meeting and its constitution.

The company releases an application for quotation of securities.

The company releases a notification of cessation of securities.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The company's 2021 AGM will be held at 301/66 Berry Street, North Sydney, NSW 2060 at 2.00 pm on Monday 29 November 2021.

The company lodges the following: Annual Report to shareholders and Appendix 4G and Corporate Governance Statement.

The company releases a notice of proposed issue of securities.

The company's AGM will be held on 29 November 2021. All director nominations must be received at the company's registered office no later than 5.00pm (WST) on Friday, 29 October 2021.

The easing of regional travel restrictions has to some extent facilitated commencement of planned work programs at Copper Hill. The current program includes coring of the oxide zone, and infill of surface geophysics and infill geochemical sampling of the tenement area. A previous RC percussion drilling campaign in 2011 to evaluate the oxide zone was not fully completed due to physical access issues, and there is scope for further infill in future between two zones of interest "“ one around the historic open cut and one approximately 200 metres south. Several sites have been identified for further investigation and an initial core hole was planned to assist re-assessment of the oxide grades and distribution, and the underlying higher grade zones interpreted as supergene by some observers. A total of 99.35m of HQ coring has been completed to date, and logging and sampling is underway ahead of submission of samples for analysis.

Shareholders in this company should consider crystallising a capital loss in 2021/22 by selling their worthless shares. From 1 October 2021 we have made this process much easier and quicker. It can now be achieved online by entering transaction details here. While this usually makes good economic sense, we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

The company releases its Full Year Statutory Accounts.

The company has recently concluded and received a loan of $1,800,000 as working capital, from a new financier, Astute Dragon Commercial. The loan is unsecured, with an interest rate of 9.5% per annum, and matures on 26 April 2023. HQ Mining Resources Holding entered into a loan extension agreement with the company on 28 July 2021, rollling over the previous loan agreements between the company and HQM and extending the loan repayment date to until 31 January 2023. These loans total $3.67 million, are unsecured and have an average interest rate of 9.75% per annum. Jordan Li, Bret Ferris, Carl Hoyer and Yuanheng Wang have provided further unsecured loans to the company totalling $150K with maturity dates intended to be a date or dates when the company is ready to repay and to be finalised upon mutual agreements. GCR engaged Martin Place Securities to assist in future capital raisings. MPS provided an unsecured facility of up to $400K repayable after reinstatement as part of the future capital raising pending finalisation. ADC has given its support to the company's proposed use of the loan for working capital for GCR projects and corporate operations.

The company lodges its Quarterly Activities and Cashflow Report.

The company lodges its Quarterly and Cashflow Report.

The company lodges its Half Yearly Report and Accounts.

The company lodges its Quarterly Activities and Cashflow Report.

The company releases the results of its meeting.

It has been brought to the Company's attention that a list of Directors names as requested on the Appendix 4G at Q 2.3 was omitted from the accompanying Corporate Governance Statement lodged on the 28 October 2020. The Omission was due to an administrative oversight cross checking the Corporate Governance Statement with the Appendix 4G form and is hereby corrected.

Discussions have been held with potential investors and the Board is confident funds will be raised in the near future to allow requotation. GCR is also progressing the Copper Hill Project further towards development. While previous resource estimates by Hellman & Schofield, and Lewis announced in 2011 were large scale, the application of stricter criteria by Ridley in 2015 led to a reduced estimate. The requotation is to be supported by sufficient funding to allow GCR to resume its field activities at Copper Hill.

The company's 2020 AGM will be held at 301/66 Berry Street, North Sydney, NSW 2060 at 2.00 pm on 20 January 2021.

The company's AGM that was to be held on 9 December 2020 has been postponed, pending clarification of the status of certain securities which are the subject of resolutions in the notice of meeting, and application of the listing rules.

The company releases its notice of meeting and proxy form.

The company's AGM will be held on 9 December 2020. The closing date for receipt of nominations for persons wishing to be considered for election as a Director is Wednesday 2 December 2020. Any nominations must be received at the company's registered office no later than 5.00pm (WST) on Wednesday, 2 December 2020.

The company lodges its Quarterly Activities and Cash Flow Report.

The company lodges its Annual Report to shareholders.

The company releases its Corporate Governance Statement.

The company releases an Appendix 4G.

The company has engaged Martin Place Securities as lead manager to progress a proposed series of capital raisings. Proceeds will be used to improve the balance sheet and fund the company's working capital needs, and planning of technical programs on its resources project portfolio.

The company lodges its Full Year Statutory Accounts.

The company releases an Appendix 5B Correction.

The company lodges its Quarterly and Cashflow Report.

ASX issued GCR with a letter dated 14 July 2020 in relation to a breach of Listing Rule 10.11, as shareholder approval had not been sought prior to the issue of the convertible notes. The Company has applied a holding lock to the convertible notes and agreed to remove all conversion rights from the notes. The notes will therefore become unsecured loans. Amended Appendix 3Ys will be lodged in due course.

The company issues a Response to Appendix 3Y Query.

The company releases an updated notice of Proposed issue of Securities - GCR, with an update on 7D.2.

The Coppervale Field Base is an integral part of the Copper Hill Project, facilitating core and sample storage and processing, site office facilities, ad hoc accommodation for field personnel, and is the main access route to the Copper Hill Project. Formal documentation of funding arrangements for divestment of the holding company has been completed, consisting of loan funds to Vision Vale Holdings transfer of shares in VVH and subscription for convertible notes with a total face value of $130,000 to cover acquisition costs and additional working capital. Golden Cross Resources has leased back the Coppervale property from VVH.

The company releases a notice of Proposed issue of Securities - GCR.

The company lodges its Quarterly and Cash flow Report.

The company lodges its Half Year Accounts.

The company has completed the acquisition of the Coppervale property by its wholly owned subsidiary, Vision Vale Holdings Pty Ltd, following receipt of further funding.

The company issues a response to ASX Appendix 5B Query.

The company lodges its Quarterly and Cash Flow Report.

The company issues a response to Appendix 3X Query.

The company issues a response to an Appendix 5B Query.

The company releases the results of its meeting

The company lodges its Quarterly Activity and Cash Flow Report.

The company lodges its Annual Report to shareholders.

The company's 2019 AGM will be held at 304/66 Berry Street, North Sydney, NSW 2060 at 2.00 pm on Wednesday 27 November 2019.

The company lodges its Full Year Statutory Accounts.

The company releases its Appendix 4G.

The company releases its Corporate Governance Statement.

The company received commitments for the $1.3m minimum subscription at 7.5cps with a free attached 1:1 call option at 10cps with 12 months expiry. The IPW acquisition will further evolve the GO2 business as a national, vertically integrated labour hire and training business. Company reaffirms that The GO2 People stand-alone generated its first EBITDA positive month in July 2019. The company's focus is integration of the two businesses, capitalizing on the cross promotional synergies.

The company lodges its Preliminary Final Report.

Since the Chairman's resignation, the company has received expressions of interest in filling the vacant roles. The company is actively reviewing potential candidates to secure appointments that will satisfy ASX requirements. HQ Mining Resources, the company's major shareholder, has provided formal commitment to provide interim funding to support the ongoing operations of Golden Cross, and has continued to do so. A further $60K has been received in the past week.

The securities of Golden Cross Resources Ltd will be suspended from quotation immediately, at the request of GCR under Listing Rule 17.2, pending GCR's appointment of sufficient directors to comply with section 201A(2) of the Corporations Act 2001 (Cth).

The securities of Golden Cross Resources Limited (the "Company") will be reinstated to official quotation immediately today, Wednesday 23 September 2015, in accordance with listing rule 17.7 following lodgement of an announcement in relation to a capital raising. Security Code: GCR

Golden Cross Resources Ltd has put on hold a fully funded capital raising proposal with good commercial terms for the Pre-Feasibility Study on the Copper Hill Project due to the calling of an extraordinary general meeting. The company is also pleased to announce that it has today received an R&D refund in excess of $530,00 from the Australian Tax Office and concluded interim financing arrangements with its major shareholder HQ Mining.

The company is still in the process of finalising the terms of the proposed capital raising and now anticipates that it will be in a position to make a material announcement with respect to the proposed capital raising by commencement of trading on 23 September 2015.

A general meeting of Golden Cross Resources Limited will be held at 2pm on 22 October 2015 at History House, 133 Macquarie Street, Sydney, NSW 2000.

The securities of Golden Cross Resources Limited (Company) will be suspended from quotation immediately, at the request of the Company in accordance with Listing Rule 17.2. Security Code: GCR

we understand that on or about this date the company consolidated its shares 1 for 20

name changed from Golden Cross Resources NL