EV RESOURCES LTD — Regulatory Filings 2008

Feb 21, 2008

The information in the report to which this statement is attached that relates to Exploration, Mineral Resources or Ore Reserves is based on information compiled by Mr Laurie E. Whitehouse, Consulting Geologist, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Whitehouse has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves ("The JORC Code"). Mr Whitehouse consents to the inclusion in the report of the matters based on his information in the form and context in which it appears and in particular to the results of historical exploration carried out by Rio Tinto and Santos Ltd shown on slides 8-22 inclusive.

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STRUCTURAL CONTROL MODEL
In properly assessing the results of historical drilling, the following drill-holes should be
ignored:
(a) vertical holes (DDH's 2, 4, 6, 7, 18, 20)
(b) holes with azimuths parallel or sub-parallel to 330-3400
(DDH's M-1, 5, 8, 9, 10, 14, 17, 19)
(c) other holes with dips of 700or more (DDH's M-22, bottom half of M-29)
(d) holes that failed to reach target (DDH's M-25, 27, 28, 32)
(e) holes drilled outside main zone of interest (DDH's M-21, 23, 31)
The following holes are more reliable indicators of widths and grade of mineralisation:
M-11: tested 40 metres true width with indicated average grade of 0.29% MoS2 ,
M-12: tested 150 metres true width with indicated average grade of 0.28% MoS2 ,
M-13: tested 60 metres true width with indicated average grade of 0.24% MoS2 ,
M-16: tested 100 metres true width with indicated average grade of 0.12% MoS2 ,
M-24: tested 20 metres true width on western margin of main zone of interest.
Intersected high grade veins.
M-26: tested 40 metres true width on eastern margin of 120 metre wide zone of interest
with indicated average grade of 0.10% MoS2 ,
M-30: tested 100 metres true width on eastern margin of 250 metre wide zone of
interest with indicated average grade of 0.11% MoS2 ,
M-33: tested 130 metres true width on western margin of main zone of interest.
Intersected high grade veins.
M-35: tested 80 metres true width of eastern margin 120 metre wide zone with
indicated average grade of 0.07% MoS2 ,
M-36: tested 140 metres true width of 250 metre wide zone of interest with	19
indicated average grade of 0.14% MoS2 , before intersecting a major fault.

20 STRUCTURAL CONTROL MODEL (2) It is to be noted that to obtain a representative indication of average grade across such structurally controlled zones of mineralisation that dip 70 degrees to the west, holes should have been drilled from a SW azimuth towards a NE azimuth with relatively shallow declinations. Drill holes 11, 12, 13 (average grades 0.24% - 0.29% MoS² ,) were the only holes drilled with such azimuths and dips. On the 1:2500 Molybdenum Geochemistry Plan five areas, totaling 670,000 sq. metres,have been marked. These areas have either not been tested or have been inadequately tested by drilling. In particular a 300,000 sq. m area centered on DDH's M-2 and M-4 remains untested according to this model.