4DS MEMORY LIMITED — Interim / Quarterly Report 2014

Oct 30, 2013

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FITZROY RESOURCES LTD

31 October 2013

ABN 43 145 590 110

Quarterly Report for the period ending 30 September 2013

Fast Facts – 31 October 2013

Share Code ASX: FRY Shares on Issue 47 Million Options 11 Million Market Cap @$0.046 $ 2.16M Cash at Bank $ 1.46M

Directors

Tom Henderson, Chairman Will Dix, Director Ric Vittino, Director Russell Lynton-Brown , Director Ben Lane , Interim CEO

• Due diligence drilling has commenced

• Appointment of Cardno MM&A to oversee due diligence drilling and to prepare technical reports

• Exploration continues at Rookwood

Projects

Rookwood:

• Queensland 70km NW of Rockhampton

Glentanna:

• Queensland 140km SW of Brisbane

Emmaus:

• West Virginia, USA 100km S of Charleston, WV

Emmaus Due Diligence

Drilling has commenced on the property and results will be released in due course. Fitzroy will drill 8 holes for a total of approximately 1,100 meters. Some delay in the delivery of our prospecting permit was experienced but it has been received and drilling is underway. We expect drilling to be complete and assay results to still be received before the exercise date of the option agreement with Premier Coking Coal on 16 December 2013.

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FIGURE 1 - DRILL RIG PULLING CORE

Contact Details

Perth Office Lvl 1, 35 Havelock Street West Perth WA 6005 Postal Address PO BOX 839 West Perth WA 6872 T +61 8 9481 7111 F +61 8 9320 7501 E admin@fitzroyresources.com.au

Cardno MM&A appointment

Fitzroy has engaged with Cardno MM&A (“Cardno”), a subsidiary of Cardno Limited (CCD). Cardno is a diverse consulting and engineering firm headquartered in Brisbane Australia with over 7,500 employees and has 270 offices in the Americas. They are well recognised within the US coal industry and globally for their expertise in coal geology, mining engineering and coal mine development.

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The decision to appoint Cardno is important to Fitzroy as they have historically conducted drilling programs at Emmaus. Cardno are already familiar with the much of the data on the property and its surrounds.

Fitzroy has delivered to Cardno the historic drilling data and maps from Emmaus and Cardno has designed an eight hole drilling program. The program is designed to verify existing data, and where possible, to infill previous drilling to increase confidence and to potentially identify a JORC Coal Resource.

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FIGURE 2 - CARDNO GEOLOGIST COMPARING CORE TO HISTORIC DRILL LOGS

Cardno will shortly finalise an initial technical report, describing the Emmaus property that we expect to release during November. In addition to this report, Cardno will continue to supervise the current drilling and will report on its outcomes at the completion of the exploration program.

Rookwood

A further geochemical sampling program at Rookwood was conducted during the period to follow up on areas of heightened geophysical anomalism coupled with prospective geology. In all over 100 rock chip samples were collected and sent for analytical testing. Results are expected to be received early in the December quarter.

An additional sampling program is planned to cover further areas of interest. This will be completed during the December quarter and results available shortly afterwards.

Glentanna

No work has been done at Glentanna during this reporting period.

Corporate

Fitzroy’s current cash position is A$1,457,000

ABOUT FITZROY :

Fitzroy Resources Ltd is an Australian based mineral exploration company, with two significantly underexplored Queensland base metals projects. Fitzroy also has the option to acquire a metallurgical coal property in West Virginia, USA.

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