IMAGE RESOURCES NL — Regulatory Filings 2012

Feb 26, 2012

ABN 57 063 977 579

2[nd] Floor, 16 Ord Street West Perth WA 6005 PO Box 644 West Perth WA 6872 Telephone 08 9485 2410 Facsimile 08 9485 2840 info@imageres.com.au www.imageres.com.au

ASX Release ASX code: IMA 27 February 2012

ERAYINIA JV ENCOURAGEMENT

_______________

Wide-spaced reconnaissance aircore drilling on 125sq km of tenements held by Image Resources at the Erayinia Joint Venture 160km SE of Kalgoorlie has identified an area of broad gold anomalism at Zone A as shown in the map below.

==> picture [331 x 407] intentionally omitted <==

Zone A Aircore Drilling Results Overlain on Grey-scale Magnetics (source: Integra Mining Ltd)

Significant drilling results are summarised below:

Aircore Drilling Results – Zone A

Hole Number	Co-ordinates	Co-ordinates	From m	To m	Interval m	Gold g/t
	East	North
SISC 1499	468630	6539278	44	52	8	0.80
SISC 1497	468860	6539511	20	24	4	0.50
SISC 1483	468750	6539840	32	36	4	0.24
SISC 1539	469085	6538377	51	52	1	0.21

Azimuth 045°, dip-60°

The 100%-owned Image tenements are held in joint venture with Integra Mining Ltd and form part of Integra’s Aldiss Gold Project situated 60km SE of Integra’s Randall’s gold processing facility. Under the terms of the joint venture Integra may earn a 70% interest in the tenements by expenditure of $750,000.

The Zone A gold trend extends for at least 3km into Image’s tenements and forms part of a broader zone, the Admiral Trend, extending for a further 5km into Integra’s adjacent tenements. The geology comprises a sequence of mafic and andesitic volcanics, sediments and granite below complex regolith cover. Integra is planning a programme of follow up drilling in Zone A and soil sampling of other target areas on the Image tenements.

Image is most encouraged by the results of this early stage exploration.

For more information on the company visit www.imageres.com.au Please direct enquiries to: George Sakalidis Roger Thomson Managing Director Executive Director Phone (08) 9485 2410 Phone (08) 9485 2410 Mob 0411 640 337 Mob 0419 969 183

The information in this report is based on information reviewed by George Sakalidis BSc (Hons), who is a member of the Australasian Institute of Mining and Metallurgy. George Sakalidis is a Director of Image Resources NL. George Sakalidis 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’. George Sakalidis consents to the inclusion of this information in the form and context in which it appears in this report.

2