| Shareholder | No of Shares | % Held | |
| 1. | Giralia Resources NL | 15,008,441 | 11.10% |
| 2. | Yandal Investments Pty Ltd | 7,763,567 | 5.74% |
| 3. | ANZ Nominees Ltd <Cash Income A/c> | 4,966,462 | 3.67% |
| 4. | Breamlea Pty Ltd <J & E Macdonald A/c) | 4,555,435 | 3.37% |
| 5. | HSBC Custody Nominees (Aust) Ltd | 3,857,982 | 2.85% |
| 6. | HSBC Custody Nominees (Aust) Ltd - A/c 2 | 3,815,876 | 2.82% |
| 7 | The Riley Super Fund A/c | 3,414,700 | 2.52% |
| 8. | Mr Stanley Allan Macdonald | 2,678,052 | 1.98% |
| 9. | Berne No 132 Nominees Pty Ltd <399949 A/c> | 2,600,000 | 1.92% |
| 10. | Tivmoss Investments Pty Ltd <Seymour Meat A/c> | 2,376,077 | 1.76% |
| 11. | Mr Harry Cooper | 2,304,557 | 1.70% |
| 12. | Vesna Nominees Pty Ltd <Althaus Super Fund A/c> | 1,850,000 | 1.37% |
| 13. | National Nominees Limited | 1,766,528 | 1.31% |
| 14. | Strong Investments Pty Ltd | 1,662,957 | 1.23% |
| 15. | Maxigold Holdings Pty Ltd <MGR Thomson Super> | 1,430,273 | 1.06% |
| 16. | The Baskerville Super Fund A/c | 1,390,000 | 1.03% |
| 17. | Crescent Nominees Limited | 1,335,507 | .99% |
| 18. | West Stone Super Fund A/c | 1,200,000 | .89% |
| 19. | Equity Trustees Ltd <ACF Lowell Resources Fund> | 969,172 | .72% |
| 20. | YarragenePty Ltd | 905,090 | .67% |
| 65,850,676 | 48.70% |