Vector Resources : September 2015 Quarterly Report and Appendix 5B

df079e7e-7077-418b-94f1-fb36f5c9abf6.pdf

30 September 2015

Directors

Gary Castledine (Chairman) Glyn Povey (Managing Director) Neville Bassett

Brian Williams

Company Secretary

Neville Bassett

Address

Suite 4 Henry James Building 8 Alvan Street

Subiaco WA 6008

PO Box 1325

West Perth WA 6872 Australia

Contact

P: [phone]

F: [phone]

[e-mail]

Share Registry

Link Market Services Ltd

Level 4, 152 St Georges Terrace

Perth WA 6000 Australia

P: [phone]

F: [phone]

www.linkmarketservices.com.au

QUARTERLY REPORT

The Directors of Vector Resources Limited ('Vector' or the 'Company' ASX: VEC) are pleased to provide the quarterly report for the period ended 30 September 2015.

At the date of this Quarterly Report, the Company has 1,349,071,146 fully paid ordinary shares and 4,000,000 unlisted options (at $0.40 each expiring on 20 December 2015) on issue.

As previously reported, the Company has entered into a binding heads of agreement with the Longflex Metals Joint Venture between Longflex Southern Cross Mining Limited and Riverglen Corporation Pty Ltd (Longflex) (Agreement) for the disposal of its entire interest in the share capital of Golden Iron Resources Ltd (Golden Iron), the holder of the Company's portfolio of mineral interests, being the main undertaking of the Company (Disposal).

Golden Iron's tenement portfolio comprises:

• Athenia Project;

• Great Bingin Project;

• Gwendolyn East Cutback Project;

• Mount Dimer Project; and

• Mount Palmer Project.

The Company has been working through the settlement process, with settlement delayed by Longflex. The Company has been advised by Longflex that all their outstanding matters have now been formalised and Longflex is in a position to proceed to settlement.

During the quarter:

1. the Company received notices for the conversion of 1,850,000 convertible notes (Notes). Pursuant to the terms of the Notes, the 1,850,000 Notes, with a face value of $1,850,000 were converted at an issue price of $0.002 per Note into 925,000,000 ordinary fully paid shares; and

2. the Company issued 20,000,000 ordinary fully paid shares at an issue price of

1.4 cents each, raising $280,000.

END

Further information contact: Tel: [phone]

Email: [e-mail]

30 September 2015

Interests in Mining Tenements

WESTERN AUSTRALIA

GOLDEN IRON RESOURCES LIMITED

Athenia Project (Gold)

Tenement	Status	Interest at beginning of quarter (%)	Interests relinquished, reduced or lapsed	Interest acquired or increased (%)	Interest at end of quarter (%)
M77/1260	Granted	100	0	0	100

Gwendolyn East Cutback Project (Gold)

Tenement	Status	Interest at beginning of quarter (%)	Interests relinquished, reduced or lapsed	Interest acquired or increased (%)	Interest at end of quarter (%)
E77/1580	Granted	100	0	0	100
G77/119	Granted	100	0	0	100
L77/245	Granted	100	0	0	100
L77/247	Granted	100	0	0	100
L77/248	Granted	100	0	0	100
M77/1263-I	Granted	100	0	0	100

Great Bingin Project (Gold)

Tenement	Status	Interest at beginning of quarter (%)	Interests relinquished, reduced or lapsed	Interest acquired or increased (%)	Interest at end of quarter (%)
M77/1255	Granted	100	0	0	100

Mount Palmer Project (Gold)

Tenement	Status	Interest at beginning of quarter (%)	Interests relinquished, reduced or lapsed	Interest acquired or increased (%)	Interest at end of quarter (%)
E77/1318	Granted	100	0	0	100
P77/3678	Granted	100	0	0	100
E77/2210	Granted	100	0	0	100

30 September 2015

Mount Dimer Project (Gold)

Tenement	Status	Interest at beginning of quarter (%)	Interests relinquished, reduced or lapsed	Interest acquired or increased (%)	Interest at end of quarter (%)
E77/1992	Granted	100	0	0	100
E77/2050	Granted	100	0	0	100
L77/83	Granted	100	0	0	100
L77/135	Granted	100	0	0	100
L77/147	Granted	100	0	0	100
M77/427	Granted	100	0	0	100
M77/428	Granted	100	0	0	100
M77/957	Granted	100	0	0	100
M77/958	Granted	100	0	0	100
M77/965	Granted	100	0	0	100
P77/4081	Granted	100	0	0	100
P77/4086	Granted	100	0	0	100

Appendix 5B

Attached is a copy of the Company's Mining Exploration and Entity Quarterly Report in accordance with Listing Rule 5.3.

Appendix 5B Mining exploration entity quarterly report

Appendix 5B Mining 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

Rule 5.3

Name of entity

Vector Resources Limited

ABN	Quarter ended ('current quarter')
99 107 541 453	30 September 2015

Consolidated statement of cash flows

Cash flows related to operating activities		Current quarter $A'000	Year to date (3 months) $A'000
1.1	Receipts from product sales and related debtors	-	-
1.2	Payments for (a) exploration & evaluation development production administration	(14) - - (75)	(14) - - (75)
1.3	Dividends received	-	-
1.4	Interest and other items of a similar nature received	1	1
1.5	Interest and other costs of finance paid	-	-
1.6	Income taxes paid	-	-
1.7	Other (provide details if material)	-	-
Net Operating Cash Flows		(88)	(88)
Cash flows related to investing activities		- - -	- - -
1.8	Payment for purchases of: (a) prospects equity investments other fixed assets
1.9	Proceeds from sale of: (a) prospects equity investments other fixed assets	- - -	- - -
1.10	Loans to other entities	(47)	(47)
1.11	Loans repaid by other entities	-	-
1.12	Other	-	-
Net investing cash flows		(47)	(47)
1.13	Total operating and investing cash flows (carried forward)	(135)	(135)

+ See chapter 19 for defined terms.

31/07/2014 Appendix 5B Page 4