Mining Lease Application Lodged for Chandler

Key points:

  • Tellus lodges Mining Lease Application with the Northern Territory Government.
  • Step closer to getting regulatory approval, investments, jobs and cashflow.

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Chandler Awarded Major Project Status

Key points:

  • Northern Territory Government grants Major Project Status to Chandler Project
  • Tellus and the government to sign a Project Facilitation Agreement
  • Acknowledges the significant community and economic benefits of the project
  • Provides whole-of-government facilitation to ensure timely regulatory approvals

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Research and Development Tax Incentive Refund

Media Release

Key points:

  • Tellus receives $200,000 Federal Research and Development refund
Chandler salt core drilling program

Chandler salt core drilling program

Tellus Holdings Ltd (Tellus) is pleased to announce that the company has received a cash refund under the Australian Federal Government’s Research and Development Tax Incentive Program of approximately $200,000.

The Research and Development (R&D) tax incentive is an Australian Government program under which companies receive
refunds for 45% of eligible expenditure on R&D.

The R&D refund relates to Tellus activities conducted in the 2012/13 financial year.

“The rebate recognises the important research and development
aspect of the company’s activities,” said Tellus’ Managing Director, Duncan van der Merwe.

About Tellus Holdings

Tellus Holdings Ltd (“Tellus”) is an Australian project development company. Tellus’ flagship projects are a proposed underground rock salt mine with a complementary backfill business supporting the resource sector in the Northern Territory and a proposed kaolin mine with a complementary backfill business supporting the resource sector in Western Australia. The commodity business involves the sales of edible and industrial salt and kaolin to Asia. The proposed complementary backfill business involves the safe recycle, recovery, storage and disposal in voids created by mining – as is common in the UK and EU, the USA and Canada.

For further information:

Visit: www.tellusholdings.com.au or contact:

Duncan van der Merwe

Jane Munday

Managing Director

Michels Warren Munday

Tel: +61 (0)2 8257 3395

M:+61 (0) 427 880 083

Tellus to Commence Bulk Sample Processing Pilot

Key points:

  • Tellus receives $200,000 Federal Research and Development refund

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Tellus and Qube Bulk Form Project Alliance

Key points:

  • Tellus and Qube Bulk (“Qube”) form a strategic national alliance covering Tellus’ bulk mineral logistics requirements
  • Qube joins Tellus’ Chandler project consortium in the Northern Territory
  • Qube joins Tellus’ Sandy Ridge project consortium in Western Australia
  • Qube’s first task is to provide expert opinion during the feasibility studies on:
    • mine to vessel logistics for salt and kaolin bulk export; and
    • collation, warehousing and delivery of equipment, supplies and materials
  • Subject to the projects proceeding to the build and operation phase, Qube will manage the development of relevant enabling logistics infrastructure.

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Exclusive Partnership with Aurora Environmental on Sandy Ridge Project

Media Release

Key points:

  • Tellus and Aurora finalise partnership agreement for the development of the Sandy Ridge kaolin mine and storage project in WA
  • Aurora to earn equity participation subject to meeting milestones in the provision of strategic consulting, feasibility study input, project development assistance
  • Tellus to leverage Aurora’s extensive WA network for Sandy Ridge.
Tellus’ Perth core shed at Aurora office

Tellus’ Perth core shed at Aurora office

Tellus Holdings Ltd (Tellus) is pleased to announce an exclusive partnership with Aurora Environmental Pty Ltd (Aurora), extending the companies’ successful WA collaboration at the Walton East Intractable Waste Disposal Facility (IWDF) next to Tellus’ adjacent Sandy Ridge Project.

The terms of the agreement include participation by Aurora in the feasibility studies for Sandy Ridge, assistance in the licensing process for the project and facilitation in developing the market in WA. This leverages the success the companies have already achieved in winning the tender to operate the West Australian Government’s IWDF by putting the same team and expertise into the development and proposed operation of the adjacent Sandy Ridge facility.

“Aurora is a proven partner in the region and we are very pleased to extend our collaboration to deliver another exciting project at Sandy Ridge,” said Tellus Managing Director Duncan van der Merwe.

“We have a great operational relationship already in place and, with the decades of combined on the ground experience in the team, we are confident that Tellus and Aurora together will develop a successful kaolin export focused mine with a complementary backfill business.

“This is an excellent complementary asset to the IWDF project and Tellus’ Northern Territorybased Chandler project, extending the depth of our business in WA,” Mr van der Merwe said.

About Aurora

Aurora Environmental is a specialist environmental science and occupational health and safety consultancy based in Perth, Dunsborough and Albany, Western Australia offering environmental professionals with diverse multidisciplinary and specialist skills. The Company has the capacity to plan and implement a range of environmental studies including environmental impact assessments for mining, industrial and urban development projects; environmental management and monitoring programs; packaging, transport and disposal of intractable wastes; assessments and remediation of contaminated sites; land use capability assessments and acid sulfate soil assessments and remediation. Our Occupational Health and Safety capabilities cover a wide variety of services but with specific expertise in asbestos risk management and occupational health and hygiene.

About Tellus Holdings

Tellus Holdings Ltd (“Tellus”) is an Australian project development company. Tellus’ flagship projects are a proposed underground rock salt mine with a complementary backfill business supporting the resource sector in the Northern Territory and a proposed kaolin mine with a complementary backfill business supporting the resource sector in the Western Australia. The commodity business involves the sales of edible and industrial salt and kaolin to Asia. The proposed complementary backfill business involves the safe recycle, recovery, storage and disposal in voids created by mining – as is common in the UK and EU, the USA and Canada.

For further information:

Visit: www.tellusholdings.com.au or contact:

Duncan van der Merwe

Jane Munday

Managing Director

Michels Warren Munday

Tel: +61 (0)2 8257 3395

M:+61 (0) 427 880 083

Chandler Salt Mine Project – Maiden JORC Measured Resource

Key points:

  • Tellus and Aurora finalise partnership agreement for the development of the Sandy Ridge kaolin mine and storage project in WA
  • Aurora to earn equity participation subject to meeting milestones in the provision of strategic consulting, feasibility study input, project development assistance
  • Tellus to leverage Aurora’s extensive WA network for Sandy Ridge.

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Sandy Ridge Kaolin Project – JORC Inferred Resource

Media Release

Key points:

  • Tellus is pleased to announce the receipt of a JORC compliant inferred resource estimate for its Sandy Ridge Kaolin Project, Western Australia
  • Tellus’ 100% owned 59km2 Sandy Ridge tenement is within an area of known thick kaolin (clay) occurrences
  • The inferred mineral estimate is 41 million tonnes kaolinised granite, with an inferred ceramic grade resource of 7.9 million tonnes of kaolinised granite
  • Kaolin is an industrial mineral used in paints, paper coatings, polymer industries, and ceramics

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Sandy Ridge Project Proceeds to the Next Stage

Media Release

Key points:

  • Tellus Board approves Sandy Ridge kaolin clay mine project proceeding to the next stage, which is capital raising to complete feasibility studies and regulatory approvals
  • The project has a quality resource and strong technical and commercial business case
  • Capital raising to fund completion of regulatory approvals and Definitive Feasibility Study
  • Studies to trigger detailed community consultation in late 2014.

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Chandler Project Proceeds to the Next Stage

Media Release

Key points:

  • Tellus Board approves Chandler salt mine project proceeding to the next stage, which is capital raising to complete feasibility studies and regulatory approvals
  • The project has a quality resource and strong technical and commercial business case
  • Mineral Lease Application to be lodged with the Northern Territory Government
  • Studies to trigger detailed community consultation in late 2014.

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