AURIS MINERALS LIMITED — Interim / Quarterly Report 2007

Jul 30, 2007

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

Appendix 5B

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001.

	Name of entity RESOURCE & INVESTMENT NL and its controlled entities ABN Quarter ended (“current quarter”) 77 085 806 284 30 June 2007 Consolidated statement of cash flows	Name of entity RESOURCE & INVESTMENT NL and its controlled entities ABN Quarter ended (“current quarter”) 77 085 806 284 30 June 2007 Consolidated statement of cash flows	Name of entity RESOURCE & INVESTMENT NL and its controlled entities ABN Quarter ended (“current quarter”) 77 085 806 284 30 June 2007 Consolidated statement of cash flows
	RESOURCE & INVESTMENT NL and its controlled entities
	ABN 77 085 806 284 Consolidated statement of cash flows
		30 June 2007
Cash flows related to operating activities 1.1 Receipts from product sales, operating agreements and related debtors 1.2 Payments for (a) exploration and evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other - Movement in Working Capital Net Operating Cash Flows		Current quarter $A’000	Year to date $A’000
		118 (76) - - (560) - 20 - - -	118 (1,416) - - (1,862) - 97 - - -
		(498)	(3,063)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a)prospects (b)equity investments (c)other fixed assets 1.10 Loans to other entities 1.11 Loans repaid by other entities 1.12 Other (provide details if material) Net investing cash flows 1.13 Total operating and investing cash flows (carried forward)		- - - - - 1 - - -	- (580) (2) - - 49 - - -
		1	(533)
		(497)	(3,596)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

1.13 Total operating and investing cash flows (brought forward)	(497)	(3,596)
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Interest and other costs of finance paid 1.19 Dividends paid 1.20 Share issue expenses 1.21 Other – reclassification of cash to environmental bonds Net financing cash flows	1,280 - - - - - (76) -	1,296 - - - (37) - (76) (184)
	1,204	999
Net (decrease)/increase in cash held 1.22 Cash at beginning of quarter/year to date 1.23 Exchange rate adjustments to item 1.22 1.24 Cash at end of quarter/year	707 211 -	(2,597) 3,515 -
	918	918

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.25 1.26	Aggregate amount of payments to the parties included in item 1 Aggregate amount of loans to the parties included in item 1.10	Current quarter $A'000
		247
		-
1.27	Explanation necessaryforanunderstanding of thetransactions
	Payment of director’s and consulting fees.

Non-cash financing and investing activities

2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows None. 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

None.

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	-	-
	-	-

Estimated cash outflows for next quarter

4.1 Exploration and evaluation 4.2 Development	$A’000
	296
	-
Total	296

Reconciliation of cash

Total Reconciliation of cash		296
Reconciliation of cash at the end of the quarter	Current quarter	Previous quarter
(as shown in the consolidated statement of cash	$A’000	$A’000
flows) to the related items in the accounts is as
follows.
5.1 Cash on hand and at bank	918	211
5.2 Deposits at call	-	-
5.3 Bank overdraft	-	-
5.4 Other (provide details)	-	-
Total: cash at end of quarter(item 1.24)	918	211

Changes in interests in mining tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements acquired or increased	Tenement reference	Nature of interest (note (2))	Interest at beginning ofquarter	Interest at end of quarter
	-	-	-	-
	-	-	-	-

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

dates.
	Total number	Number quoted	Issue price per security (see note 3) (cents)	Amount paid up per security (see note 3) (cents)
7.1 Preference +securities (description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy-backs, redemptions
7.3 ~~+~~Ordinary securities 7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy-backs	34,034,654	34,034,654
	4,000,000	4,000,000	$0.32	Fully paid
7.5 ~~+~~Convertible debt securities (description) 7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted
7.7 Options (description and conversion factor) 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired during quarter	107,750 1,500,000 550,000 1,500,000	- - - -	Exercise Price $4.00 $0.90 $1.30 $1.50	Expiry Date 31 Dec 2007 7 Sep 2009 24 Nov 2010 7 Sep2011
7.11 Debentures (totals only)
7.12 Unsecured notes (totals only)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity quarterly report

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).

• 2 This statement does give a true and fair view of the matters disclosed.

Sign here: ............................................................ Date: 31 July 2007

(Director/Company Secretary)

Print name: JEAN MATHIE

Notes

• 1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

• 2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

• 3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities .

• 4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

• See chapter 19 for defined terms.

30/9/2001

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