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IMAGE RESOURCES NL Regulatory Filings 2003

Aug 26, 2003

65117_rns_2003-08-26_d186831a-df98-4db3-9b38-a8b158d23f16.pdf

Regulatory Filings

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IMAGE RESOURCES NL

ASX Release 27 August 2003 ASX Code: IMA

2nd Floor, 35 Outram St West Perth WA 6005 PO Roy 644 West Perth WA 6872 Telephone 08 9485 2410 Facsimile 08 9485 2840 [email protected] www.imageres.com.au

ABN 57 063 977 579

NEW WINDARRA NORTH NICKEL PROJECT

Image Resources is pleased to announce that it has acquired a substantial ground position considered prospective for nickel sulphides north of the Mt Windarra nickel mine near Laverton in Western Australia.

The tenement package comprises three exploration licence applications totalling 344 square kilometres situated north and west of the Mt Windarra nickel deposit which is situated 7 kilometres south of the southeastern boundary of the tenements.

Using its' aeromagnetic database and other geophysical and geological information, Image has identified several target zones which could represent extensions of the Mt Windarra ultramafic sequence below extensive alluvial cover

The WMC-owned Windarra nickel mines (Mt Windarra and Windarra South) produced 7Mt at 1.6% Ni, containing 84,600 tonnes of nickel metal during the period from 1973 to 1989, confirming the high nickel prospectivity of the ultramafic rocks in this area. Very little nickel exploration has been completed on the project area and upon grant of the tenements (subject to Ministerial approval) Image plans to conduct a search for extensions and repetitions of the prospective Windarra sequence.

For more information on the company visit www.imageres.com.au

Please direct enquiries to: Roger Thomson Managing Director Phone (08) 9485 2410 Mobile 0419 969 183

George Sakalidis Executive Director - Exploration Phone (08) 9485 2410 Mobile 0411 640 337

The information on mineralisation contained in this report accurately reflects the information compiled by Mr. Roger Thomson BSc, MAusIMM, who is a competent person (as defined by the Australasian Code of Reporting of Identified Mineral Resources and Ore Reserves) with relevant experience in relation to such mineralisation.