Hampton Hill Mining NL : Interim Financial Report for the half year ended 31 December 2021

	S e c o n d F l o o r , 9 H a v e l o c k S t r e e t
	W e s t P e r t h W A 6 0 0 5
	P o s t a l A d d r e s s :
	P O B o x 6 8 9 , W e s t P e r t h W A 6 8 7 2
ABN 60 060 628 524	T e l e p h o n e : ( 6 1 8 ) 9 4 8 1 8 4 4 4
	E m a i l : i n f o @ h a m p t o n h i l l . c o m . a u
	W e b : w w w . h a m p t o n h i l l . c o m . a u

8 March 2022

Company Announcements Office

ASX Limited

Level 4, 20 Bridge Street

SYDNEY NSW 2000

Interim Financial Report for the half year ended 31 December 2021

Attached is the Hampton Hill Mining NL Interim Financial Report for the half year ended 31 December 2021.

Authorised by the board

P C Ruttledge

Company Secretary

HAMPTON HILL MINING NL

INTERIM FINANCIAL REPORT FOR THE HALF-YEAR ENDED 31 DECEMBER 2021

ABN 60 060 628 524

CONTENTS

DIRECTORS' REPORT	1
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME	3
STATEMENT OF FINANCIAL POSITION	4
STATEMENT OF CHANGES IN EQUITY	5
STATEMENT OF CASH FLOWS	6
NOTES TO THE FINANCIAL STATEMENTS	7
DIRECTORS' DECLARATION	14
AUDITOR'S INDEPENDENCE DECLARATION	15
INDEPENDENT AUDITOR'S REVIEW REPORT	16

DIRECTORS' REPORT

The directors of Hampton Hill Mining NL (Hampton Hill or the Company) submit their report for the half-year ended 31 December 2021.

DIRECTORS

The names of the Company's directors in office during the half-year and until the date of this report are as set out below. Directors were in office for this entire period unless otherwise stated.

Mr Joshua Pitt	Executive Chairman
Mr Wilson Forte	Non Executive Director
Mr Will Robinson	Non Executive Director

REVIEW AND RESULTS OF OPERATIONS

The Company recorded a loss after tax for the half year ended 31 December 2021 of $3,434,943, a significant component of which arose from the impairment of exploration assets. This result compared with a profit of $1,057,555 in the prior half-year attributable primarily to an increase in the fair value of the Company's listed investment.

The main activity of the Company throughout the half year was maintaining a dialogue with Saturn Metals Limited relating to the progress at the Apollo Hill gold project. Hampton Hill holds a substantial royalty over the central leases of that project and this forms the primary asset of the Company. The Company was also involved in discussions with Peel Mining Limited (PEX) about the ongoing exploration efforts at their Cobar base metal project in NSW. Hampton Hill, with its associates, is the largest shareholder of PEX.

At the 25% owned Millennium base metal project, managed by the Company's joint venture partner, Encounter Resources Limited, Hampton Hill received the results of a 400 metre diamond drill tail to a pre-existing reverse circulation hole. Several zones of plus 1% zinc were recorded that are potentially representative of a distal halo to a sediment hosted zinc deposit. However, the primary aim of the hole was to locate copper mineralisation below near surface anomalism and results were disappointing. As a consequence, the Company has reviewed the carrying value of the Company's capitalised exploration expenditure in respect of this project and impaired it by $2,934,881.

No field work was carried out on any of the Hampton Hill wholly-owned tenements during the half year. As part of the process of obtaining the grant of the exploration licence covering the Tyson project the Company was engaged in legal discussions with the owners of the overlying pastoral lease. Negotiations were unsuccessful leading to the tenement application being withdrawn after the end of the half year. The Company has consequently fully impaired the capitalised expenditure of $31,671 associated with this project at period end.

The Company has also fully impaired its interest in the Glenview project as a result of suspending further exploration (Refer Note 5).

Hampton Hill is not contemplating any new project development in the coming months as it focuses on maximising the benefits to be derived from the Company's royalties, in particular the Apollo Hill royalty, and its investment interest in PEX.

SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS

There were no significant changes in the state of affairs of the Company during the half-year.

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EVENTS OCCURING AFTER BALANCE DATE

Subsequent to the end of the financial half-year, following 2 years of suspension from trading of the Company's shares on the ASX, the Company was advised on 25 February 2022 of the ASX's intention to delist the Company (Refer Note 6).

Subsequent to the end of the financial half-year, the Company drew down $60,000 on the loan facility with a director-related entity (Note 10).

To the best of the directors' knowledge and belief, there were no other material items, transactions or events subsequent to the end of the financial half-year which, although they do not relate to conditions existing at that date, have not been dealt with in these financial statements and which would cause reliance on the information shown in this report to be misleading.

AUDITOR'S INDEPENDENCE DECLARATION

The auditor's independence declaration under Section 307C of the Corporations Act 2001 is included in this Interim Financial Report.

Signed in Perth on 8 March 2022 in accordance with a resolution of the directors.

Joshua Pitt

Executive Chairman

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