DISCOVERY ALASKA LIMITED — Director's Dealing 2013

Oct 6, 2013

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Baru Resources Limited
ABN	50 147 324 847

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter Avery
Date of last notice	25 October 2012

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct / Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	Dawesville Nominees Pty Ltd <SuperannuationFund>.Mr Avery is a Director of Dawesville Nominees PtyLtd and a beneficiary of the superannuation fund.
Date of change	4 October 2013
No. of securities held prior to change	IndirectDawesville Nominees Pty Ltd3,100,003 – fully paid ordinary shares1,500,001 options exercisable at $0.20 on or before23 December 2016
Class	Fully paid ordinary shares
Number acquired	5,365,000
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	Acquisition of Baru Resources Limited ordinary fullypaid shares as a result of acceptance of the Off-market takeover offer made by Baru ResourcesLimited dated 2 September 2013.
No. of securities held after change	Direct1,060,000 fully paid ordinary sharesIndirectDawesville Nominees Pty Ltd7,405,003 – fully paid ordinary shares1,500,001 options exercisable at $0.20 on or before23 December 2016
Nature of changeExample:on-markettrade,off-markettrade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back	Issue of fully paid ordinary shares as considerationfor acceptance of the Off-market takeover offer madeby Baru Resources Limited dated 2 September 2013.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interestrelated prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contractsdetailed above traded during a+closed period where**prior written clearance was required? **	N/A
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011