The Group possesses mining rights in respect of Yangzhuang Iron Mine (楊莊鐵礦), an iron ore mine located in Qinjiazhuang Village, Yangzhuang Town, Shandong Province, the PRC (“Yangzhuang Iron Mine”), Zhuge Shangyu Ilmenite Mine (諸葛上峪鈦鐵礦), an ilmenite and magnetite mine located in Yishui County, Shandong Province, the PRC (“Zhuge Shangyu Ilmenite Mine”), and Luxing Titanium Mine, an ilmenite ore mine located in Yishui County, Shandong Province, the PRC (“Luxing Titanium Mine”), and owns the exploration rights over Yangzhuang Iron Mine, Qinjiazhuang Ilmenite Project, an ilmenite ore project located in Qinjiazhuang District, Yishui County, Shandong Province, the PRC (“Qinjiazhuang Ilmenite Project”), Zhuge Shangyu Ilmenite Mine and Gaozhuang Shangyu Ilmenite Project, an ilmenite ore project located in Shangyu District, Yishui County, Shandong Province, the PRC (“Gaozhuang Shangyu Ilmenite Project”).

Ishine International owns three granted exploration licences located in Western Australia, Australia.

There was no other exploration activity in Yangzhuang Iron Mine , Zhuge Shangyu Ilmenite Mine , Luxing Titanium Mine and Qinjiazhuang Ilmenite during the six months ended 30 June 2016.

There was no other exploration activity in Australia during the six months ended 30 June 2016.