IMAGE RESOURCES NL — Board/Management Information 2014

May 12, 2014

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ASX Code: IMA 13 May 2014

Suite 4a, 5 Mumford Place Balcatta WA 6021 PO Box 1075 Balcatta WA 6914 Telephone 08 9485 2410 Facsimile 08 9240 7845 www.imageres.com.au

ABN 57 063 977 579

Appointment of Mr Collis Thorp

as

Chief Operating Officer

Image Resources NL (ASX: IMA) is pleased to announce the appointment of Mr Collis Thorp as Chief Operating Officer.

Mr Thorp has enjoyed a career of over 40 years in the resources industry, encompassing a broad range of commodities. His 17 years of mineral sands experience includes seven years as Managing Director of Cable Sands RZM Group through to 2005 as well as at Jennings Mineral Sands. His most recent position was as Chief Executive Officer of Moly Mines Limited.

Mr Thorp has played a major role in more than ten feasibility studies for mineral sands projects, including responsibility for putting in place project finance and off-take arrangements, as well as bringing into production in the order of twenty mines.

Mr Jon O’Callaghan, Chairman, said today:

“We are delighted to have secured the services of Mr Thorp and we welcome him as part of our team.

“We believe he is the ideal person to take control of the Company’s operations, including responsibility for the completion of the NPB Project feasibility study. His extensive mineral sands experience means that he can hit the ground running, putting the Company in a good position to complete the feasibility study by the end of the year, subject to available funding.”

Please direct enquiries to:

Jon O’Callaghan

Chairman and interim Managing Director

E: jonocallaghan@imageres.com.au

T: 0412 772 206