Jervois Mining : Quarterly Cash Report Dec 2016

Appendix 5B

+Rule 5.5

Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13, 01/09/16

Name of entity

JERVOIS MINING LIMITED

ABN Quarter ended ("current quarter")

52 007 626 575 31 DECEMBER 2016

Consolidated statement of cash flows Currentquarter $A'000

1. Cash flows from operating activities

2. Receipts from customers

3. Payments for

   Year to date (6 months) $A'000

4. exploration & evaluation

   (64) (143)

5. development (44) (71)

6. production - -

7. staff costs (7) (23)

8. administration and corporate costs (693) (798)

9. Dividends received (see note 3) - -

10. Interest received 1 3

11. Interest and other costs of finance paid - -

12. Income taxes paid - -

13. Research and development refunds 379 379

14. Other (provide details if material) 4 4

    1.9 Net cash from / (used in) operating activities (424) (649)
15. Cash flows from investing activities

16. Payments to acquire:

17. property, plant and equipment

    (11) (11)

18. tenements (see item 10) (50) (50)

19. investments (68) (68)

20. other non-current assets - -

    Consolidated statement of cash flows Currentquarter $A'000

21. Proceeds from the disposal of:

22. property, plant and equipment

    Year to date (6 months) $A'000

    - -

23. tenements (see item 10) - -

24. investments - -

25. other non-current assets - -

26. Cash flows from loans to other entities - -

27. Dividends received (see note 3) - -

28. Other- Receipts under option agreement 500 500

    2.6 Net cash from / (used in) investing activities 371 371
29. Cash flows from financing activities

30. Proceeds from issues of shares

    270 270

31. Proceeds from issue of convertible notes - -

32. Proceeds from exercise of share options - -

33. Transaction costs related to issues of - - shares, convertible notes or options

34. Proceeds from borrowings - -

35. Repayment of borrowings - -

36. Transaction costs related to loans and - - borrowings

37. Dividends paid - -

38. Other - Security bonds - (128)

3.10 Net cash from / (used in) financing activities 270 142

4.	Net increase / (decrease) in cash and cash equivalents for the period
4.1	Cash and cash equivalents at beginning of period	219	649
4.2	Net cash from / (used in) operating
activities (item 1.9 above)	(424)	(726)
4.3	Net cash from / (used in) investing activities
(item 2.6 above)	371	371
4.4	Net cash from / (used in) financing activities
(item 3.10 above)	270	142
4.5	Effect of movement in exchange rates on cash held	-	-
4.6	Cash and cash equivalents at end of period	436	436

1. Reconciliation of cash and cash equivalents

   at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts

   Current quarter $A'000 Previous quarter $A'000

2. Bank balances 310 526

3. Call deposits 126 123

4. Bank overdrafts - -

5. Other (provide details) - -

   5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 436 649
6. Payments to directors of the entity and their associates Currentquarter $A'000

7. Aggregate amount of payments to these parties included in item 1.2 124

8. Aggregate amount of cash flow from loans to these parties included - in item 2.3

9. Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2

10. Payments to related entities of the entity and their associates Current quarter $A'000

11. Aggregate amount of payments to these parties included in item 1.2 -

12. Aggregate amount of cash flow from loans to these parties included - in item 2.3

13. Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2

14. Financing facilities available Add notes as necessary for an understanding of the position Total facility amount at quarter end $A'000 Amount drawn at quarter end $A'000

15. Loan facilities - -

16. Credit standby arrangements - -

17. Other (please specify) - -

18. Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well.

9.	Estimated cash outflows for next quarter	$A'000
9.1	Exploration and evaluation	70
9.2	Development	40
9.3	Production	-
9.4	Staff costs	17
9.5	Administration and corporate costs	400
9.6	Other (provide details if material)
9.7	Total estimated cash outflows	527

10.	Changes in tenements (items 2.1(b) and 2.2(b) above)	Tenement reference and location	Nature of interest	Interest at beginning of quarter	Interest at end of quarter
10.1	Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced
10.2	Interests in mining tenements and petroleum tenements acquired or increased