Inactive Instrument

Mincor Resources NL

MCR

AU000000MCR8

Mincor Resources NL : Appendix 3B - Cancellation of Employee Options

December 07, 2012 at 04:00 am EST

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ASXRELEASE

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CompanAynnouncementOsffice

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APPENDIX3B-CANCELLATI ONOEFMPLOYEOE PTIONS

PursuantotheattachedAppendix3B,the Companywishestoadvisethefollowing employeeoptionshavebeencancelledfollowing th expiryotfheitrermon5December

2012.

405,00o0ptionlsapsed UnlistedOptionsexercisablea$t 4.40andexpiringon5

Decembe2r012

Yoursincerely

MINCO RESOURCESNL

DAVIDMOORE ManaginDg irector

MINCO RESOURCESNL

ACN07274A569B2N40277246592

Websitwew: w.mincor.com.au

POBo1x810W, esPterthW,6A8A72USTRALIA Leve15l,O6 rSdtreeWt, esPterthW,6A0A05USTRALIA Te(l:089)47762F0a0x(:089)3281994

Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

MINCOR RESOURCES NL

ABN

42 072 745 692

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of +securities issued or to be issued

N/A - cancellation of employee options

2 Number of +securities issued or to be issued (if known) or maximum number which may be issued

N/A

3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid

+securities, the amount outstanding

and due dates for payment; if

+convertible securities, the conversion price and dates for conversion)

N/A

+ See chapter 19 for defined terms.

24/10/2005 Appendix 3B Page 1

Appendix 3B

New issue announcement

4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted

+securities?

If the additional securities do not rank equally, please state:

Latest news about Mincor Resources NL

Wyloo Consolidated Investments Pty Ltd completed the acquisition of additional 80.1% stake in Mincor Resources NL (ASX : MCR).	23-07-24	CI
Wyloo Consolidated Moves to Compulsory Acquisition of Mincor Resources	23-07-12	MT
Mincor Resources NL(ASX:MCR) dropped from S&P Global BMI Index	23-07-06	CI
Mincor Resources NL(ASX:MCR) dropped from S&P/ASX Small Ordinaries Index	23-07-06	CI
Mincor Resources NL(ASX:MCR) dropped from S&P/ASX 300 Index	23-07-06	CI
Mincor Resources NL(ASX:MCR) dropped from S&P/ASX All Ordinaries Index	23-07-06	CI
Mincor Resources NL Announces Board Changes	23-07-05	CI
Mincor Resources Awards Haulage Services Contract for Western Australian Nickel Operations	23-05-15	MT
Wyloo Metals' Extends Takeover Offer Period for Mincor Resources	23-05-14	MT
Wyloo Metals Extends Takeover Offer for Mincor Resources	23-05-03	MT
Wyloo Metals, Associates Secure Control of Mincor Resources as Ownership Reaches 51.24%	23-04-23	MT
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Mincor Resources NL Provides Operational and Guidance Update	23-03-29	CI
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Mincor Resources NL Reports Earnings Results for the Half Year Ended December 31, 2022	23-02-23	CI
Mincor Resources Hits Nickel at Long and Durkin North Operations	23-01-19	MT
Mincor Resources NL Announces Outstanding new high-grade intercepts at Northern Operations	23-01-18	CI
Mincor Resources Raises AU$8.7 Million in Share Purchase Plan	23-01-09	MT
Mincor Resources Closes AU$5 Million Purchase Plan Early	23-01-03	MT
Mincor Resources to Raise AU$55 Million From Share Placement	22-12-13	MT
Mincor Resources Raising AU$60 Million for Project Development, Exploration	22-12-09	MT
Mincor Resources Moves Closer to Full Scale Production at Kambalda Nickel Operations in Western Australia	22-11-29	MT
Mincor Resources NL Announces the Successful Firing and Extraction of the First Production Stope At Cassini Nickel Mine in Western Australia	22-11-28	CI
Mincor Resources Updates Mining Contract for Northern Operations	22-11-17	MT
Mincor Resources Completes Leadership Transition; Shares Slide 3%	22-11-14	MT

Mincor Resources NL is an Australia-based producer of nickel sulphides for the green-energy battery sector. The Company is engaged in the exploration, evaluation, development and production of mineral deposits, through its subsidiaries. The Company's segments include Kambalda Nickel Operations (KNO) and Exploration. The KNO segment comprises Northern Operations (Durkin North and Long North mines) and the Cassini mine located in the Kambalda district, Western Australia. The Exploration segment consists of its exploration and evaluation prospects in Australia, including sites on care and maintenance. Its Cassini deposit is situated in the Southern Goldfields region of Western Australia (WA), approximately 60 kilometers (km) south of the Kambalda township. The Company's Widgiemooltha Gold Project (WGP) is located within the Widgiemooltha Dome, surrounded by various gold camps, including St Ives, Higginsville, Chalice, and Wattle Dam.

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