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

29 January 2020

Company Announcements Office

ASX Limited

Level 4, 20 Bridge Street

SYDNEY NSW 2000

ACTIVITIES REPORT FOR THE QUARTER ENDED 31 DECEMBER 2020

Calculations for a new Mineral Resource statement continued at the Apollo Hill gold project and a new JORC compliant Mineral Resource Statement has recently been released by Saturn Metals Limited (STN). At our Glenview base metal project, the ground-based electromagnetic survey was completed with disappointing results. At the Millennium base metal project efforts got under way to source a suitable drilling rig for the next campaign which is anticipated to be carried out during the 2021 field season.

CORPORATE

As recently announced, Hampton Hill Mining NL is pleased to report the appointment of Mr Will Robinson as a non-executive director of our Company. Will Robinson will bring a wealth of corporate experience to the Company. He is presently the managing director of the ASX listed company, Encounter Resources Limited, which has built an enviable record for exploration and joint venture negotiations.

As previously advised, whilst the Company's level of field activity may appear restricted, the Company is nevertheless active in managing its exploration assets, utilising the pro bono services of its directors. Furthermore, the Company is benefiting from an extremely high level of activity by STN at the Apollo Hill gold project.

Hampton Hill holds 10,800,000 fully paid shares in Peel Mining Limited (PEX) with a current market value of approximately $2.6 million. PEX has recently announced significant gold results from its May Day Project and is soon to report on a drilling campaign at their exciting Wirlong copper project. Shareholders are referred to the PEX website for further details.

ACTIVITIES

Apollo Hill Gold Project

Hampton Hill holds a 5% gross overriding royalty on all gold produced in excess of one million ounces from the central 140 square kilometre area that encloses the stated Apollo Hill Resources.

STN yesterday announced (STN ASX 28 January 2021) an updated Mineral Resource estimate, reporting as follows:

"Saturn Metals Limited is pleased to announce that it has completed an updated Mineral Resource estimate for the Apollo Hill gold deposit at its 100%-owned Apollo Hill Gold Project near Leonora in the Western Australian Goldfields.

The upgraded Mineral Resource totals 36 Mt at 0.8 g/t Au for 944,000 oz. This is a significant increase in contained ounces from the previously published resource. It incorporates the results of a highly successful 265-hole, 55,000 m extensional and in-fill drilling campaign completed since the last Mineral Resource upgrade which was published in late October 2019.

Table 1: January 2021 Apollo Hill Mineral Resource

Preliminary Whittle pit optimizations using approximated regional mining and processing costs for multiple processing scenarios have been run on the resource model using a gold price of US$1,700/oz to generate a range of pit shells and cut-off grades. A pit shell for a combined mill and heap leach scenario representing a revenue factor of 1.4 was selected as a nominal constraint within which to report the Apollo Hill Mineral Resource, thereby satisfying the JORC Code requirement for a Mineral Resource to have reasonable prospects for eventual economic extraction. Other relevant information is described in the JORC Code Table 1 as appropriate. A nominal 0.4 g/t Au lower cut-off grade was selected for all material types. Classification is according to JORC Code Mineral Resource categories. Totals may vary due to rounded figures.

The growth in the Apollo Hill Mineral Resource over the past 12 months has been driven in equal parts by the discovery of additional shallower mineralisation in the hanging-wall zone and importantly by further drilling beneath the base of the previous resource. Furthermore, shallow mineralisation identified on the Ra - Tefnut trend has had a positive impact on the model. Saturn's improving knowledge of the geological controls at the deposit and refinements in the resource modelling techniques have continued to have a positive influence."

Shareholders are referred to STN's 31 December 2020 Quarterly Report as well as its ASX announcement of 28 January 2021 for further details and information on Competent Persons Statements.

Drilling continues to expand the known boundaries of the mineralised footprint at Apollo Hill, which now extends over more than 1.5 kilometres of strike and 600 metres in width and is open at depth. These are clearly quite extraordinary dimensions and augur well for future expansion of the resource to a size where, when mined, our royalty would be applicable.

Glenview Base Metal Project

Towards the end of the quarter Hampton Hill carried out a detailed ground electromagnetic survey covering 10 kilometres of strike within acid volcanic sequences that lie along the northern flank of the Weld Ranges that are located some 65 kilometres north west of Cue township. Unfortunately, the results indicate that there are unlikely to be economic massive sulphide accumulations at depth despite the promising historic anomalous geochemistry. The cash outflow of $49,400 relating to this survey will be reflected in the next quarter's Cash Flow Report.

Hampton Hill will now turn its focus to reappraising untested electromagnetic geophysical anomalies that occur to the south of the ranges to determine whether a drilling campaign is justified.

Hampton Hill has noted the recent press announcements by Fenix Resources Limited with regards to small scale iron ore mining to be carried out by them in the Weld Ranges. Our Company holds a 2% FOB iron ore royalty over a substantial proportion of the iron prospective sequences of the Weld Ranges and several promising targets for iron ore have been outlined by the project managers, Sino Midwest Corporation Inc.

Millennium Base Metal Project

Hampton Hill now awaits the detailed proposal for the next drilling program from our joint venture manager, Encounter Resources Limited. We intend to contribute our 25% of the costs of this program.

Other Activities

No activity was reported from the other projects of which Hampton Hill holds royalties.

PAYMENTS TO RELATED PARTIES

(as reported in Section 6 of the Appendix 5B Quarterly Cash Flow Report)

The $6,500 cash outflow reported under Section 6.1 of the Appendix 5B Quarterly Cash Flow Report relates to director fees, including superannuation, paid to a non-executive director during the quarter.

Authorised by the Board

Joshua Pitt

Chairman

Rule 5.5

Appendix 5B

Mining exploration entity or oil and gas exploration entity

quarterly cash flow report

Name of entity

Hampton Hill Mining NL

ABN

Quarter ended ("current quarter")

60 628 524

31 December 2020

Consolidated statement of cash flows

Current quarter

Year to date

$A'000

( 6 months)

$A'000

1.

Cash flows from operating activities

1.1

Receipts from customers

-

-

1.2

Payments for

(a)

exploration & evaluation

-

-

(b)

development

-

-

(c)

production

-

-

(d)

staff costs

-

-

(e)

administration and corporate costs

(73)

(130)

1.3

Dividends received (see note 3)

-

-

1.4

Interest received

-

-

1.5

Interest and other costs of finance paid

(1)

(3)

1.6

Income taxes paid

-

-

1.7

Government grants and tax incentives

2

10

1.8

Other (provide details if material)

38

53

1.9

Net cash from / (used in) operating

(34)

(70)

activities

2.

Cash flows from investing activities

2.1

Payments to acquire or for:

(a)

entities

-

-

(b)

tenements

-

-

(c)

property, plant and equipment

-

-

(d)

exploration & evaluation

(1)

(2)

(e)

investments

-

(226)

(f)

other non-current assets

-

-

ASX Listing Rules Appendix 5B (17/07/20)

Page 1

+ See chapter 19 of the ASX Listing Rules for defined terms.

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Hampton Hill Mining NL published this content on 29 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2021 05:55:00 UTC.