Zamia Metals : Exploration Strategy July 2016 - June 2017 - Amended

ZAMIA METALS LIMITED TARGETING GOLD & COPPER IN QUEENSLAND EXPLORATION STRATEGY, JULY 2016 - JUNE 2017

COVER NOTE

The first version of this information document, which was placed on the Company's website, was removed at the request of the ASX and replaced by the current version. The original version contained a reference to a "pre-mining resource" which was not reported in accordance with listing rule 5.12

August 2016

ASX:ZGM ZAMIA METALS LIMITED TARGETING GOLD & COPPER IN QUEENSLAND EXPLORATION STRATEGY, JULY 2016 - JUNE 2017

August 2016

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Introducing Zamia Metals Limited

• Listed on ASX since 2007
• Package of Exploration Permits for Minerals (EPMs) in central Queensland
• Exploration success with discovery of Anthony porphyry molybdenum (Mo) deposit
• Focusing on a region with a long history of gold mining
• Targeting epithermal gold and porphyry copper-gold deposits

ASX:ZGM Zamia has identified and prioritised exploration targets within its mineral tenements and is seeking funding to advance those targets towards discovery and resource delineation

The Target Region - Central Queensland

• Numerous operating & dormant gold mines

• Good infrastructure - roads, power, water

• No major environmental issues

Location map. Zamia's focus is the area north of Clermont ASX:ZGM

An Established Gold Province

The Charters Towers to Clermont belt in Central Queensland has been a significant gold producing area since the 1860s when gold was discovered at Clermont. Significant epithermal gold deposits (1Morrison & Beams, 1995) include:

• Charters Towers district: Production 6.6 Moz

• Pajingo: Production + resource 3 Moz

• Mount Carlton: > 1 Moz

• Wirralie: Production 320,000 oz

• Yandan: Production 350,000 oz

• Mount Coolon: Production 290,000 oz

• Twin Hills: Resource 390,000 oz

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  Zamia's discovery of the Anthony molybdenum deposit demonstrates the potential of the region to host significant porphyry systems

  Geological Setting

  • Anakie Inlier: A north-trending basement ridge of Neoproterozoic to Cambrian metamorphic rocks

  • Drummond Basin: A Devonian to Carboniferous volcano-sedimentary sequence with the Silver Hills Volcanics (dacite - andesite) at the base

  • Devonian to Carboniferous intrusive complexes of granite to diorite composition with high level porphyry & breccia bodies

  • Drummond Basin flanked by basin sequences of Permian to Mesozoic age

  • Extensive black soil obscures bedrock

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Zamia's Exploration Permits

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Targeting Porphyry-style Deposits

The Anthony molybdenum deposit, discovered by Zamia, is a typical porphyry system -

• High level porphyry & breccia intrusions

• Stockwork vein mineralisation

• Large tonnage

• Characteristic alteration patterns

• A large geochemical halo

  The Anthony discovery demonstrates regional prospectivity for large porphyry- style deposits

  Anthony drill core showing characteristic sulphide stockwork veining in an altered porphyry intrusion

  Porphyry deposits, even when buried to depths of hundreds of metres, make excellent mining targets -

• Large size

• Can be bulk mined by block caving

• Simple mineralogy & processing

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