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For personal use only Key Points 13 September 2013 Nickel1 ? ? ? ? Gold1 ? ? ? ASX: PAN Resources and Reserves at 30 June 2013 and Exploration Update at 30 June 2013 Nickel Division Resources 186,800t
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How to fill out an exploration update:

01
Begin by gathering all relevant information and data related to the exploration project. This may include field notes, survey results, samples, photographs, and any other documentation.
02
Organize the information in a clear and concise manner, ensuring that all data is labeled correctly and can be easily understood by others.
03
Include a summary of the exploration project, outlining the purpose, goals, and objectives. This will provide context for the update and help the reader understand the significance of the findings.
04
Present the findings or results of the exploration, using graphs, charts, or other visual aids if necessary. Be sure to include any significant discoveries, challenges faced, and lessons learned.
05
Discuss any recommendations or next steps based on the findings. This may include further exploration, additional research, or changes in strategy.
06
Proofread and edit the exploration update to ensure clarity, accuracy, and professionalism.
07
Distribute the completed exploration update to relevant stakeholders, such as project managers, team members, clients, or investors.

Who needs an exploration update?

01
Project managers: Exploration updates provide project managers with a comprehensive overview of the progress and findings of the exploration project. This allows them to make informed decisions and adjustments as needed.
02
Team members: It is important for team members involved in the exploration project to stay updated on the latest findings, challenges, and next steps. This ensures everyone is on the same page and can contribute effectively to the project.
03
Clients: Clients who have invested in the exploration project rely on regular updates to stay informed about the progress and outcomes. This helps them assess the value of their investment and make future decisions.
04
Investors: Similarly, investors need exploration updates to monitor the progress and potential returns of their investment. Regular updates build trust and confidence in the project.
05
Regulatory authorities: Depending on the nature of the exploration project, certain regulatory authorities may require regular updates to ensure compliance with laws and regulations.
06
Stakeholders: Other stakeholders, such as local communities, environmental organizations, or industry associations, may have an interest in the exploration project and require updates to stay informed and provide input.
Overall, anyone who has a vested interest in the exploration project or may be affected by its outcomes needs an exploration update. It is essential to ensure effective communication and transparency throughout the exploration process.

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An exploration update is a report that provides information on the progress, findings, and future plans of an exploration project in the mining industry.
Companies or individuals who are conducting exploration activities in the mining industry are required to file an exploration update.
An exploration update is typically filled out by providing detailed information on the exploration activities undertaken, results obtained, and plans for future exploration work.
The purpose of an exploration update is to inform stakeholders, investors, and regulatory authorities about the progress of an exploration project, including any significant findings and future plans.
An exploration update must include details on the location of the exploration site, exploration methods used, results obtained, any significant findings, and plans for future exploration work.
The deadline to file an exploration update in 2023 is typically determined by regulatory authorities and may vary depending on the jurisdiction.
The penalty for the late filing of an exploration update may vary depending on the regulations governing exploration activities in the specific jurisdiction, but could include fines or other sanctions.
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