MURRAY COD AUSTRALIA LIMITED — Interim / Quarterly Report 2015

Oct 20, 2015

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ABN 74 143 928 625 Registered Office Level 8 70 Pitt Street GPO Box 4231 Sydney NSW 2001 Australia Phone: +61 1300 134 875 Fax: +61 (02) 233 4497

ASX CODE: TPR ASX ANNOUNCEMENT 21 October 2015

QUARTERLY ACTIVITIES REPORT FOR THE THREE MONTHS ENDED 30 SEPTEMBER 2015

Timpetra Resources Limited (ASX: TPR) ("Timpetra" or the "Company') is pleased to provide its quarterly activities report for the three months ended 30 September 2015, to be read in conjunction with the Appendix 5B.

Assets and Corporate Developments

During the quarter, the Company entered into a joint venture with Zebina Minerals Pty Limited (“Zebina”).

Under the joint venture, the Company will explore three tenements within the Meekatharra Mineral Field in the Murchison Province of Western Australia. Pursuant to the joint venture, the Company may earn up to an 80% interest in tenements owned by Zebina. In consideration, the Company paid AU$10,000 cash and issued 1,100,000 fully paid ordinary shares (subject to a six month voluntary escrow period) to Zebina.

Further information on the terms of the joint venture are available in the Company’s market announcements of 8 September 2015 and 15 September 2015. The Company was also reinstated to official quotation on ASX on 16 September 2015.

About the Jillewarra Project

The Jillewarra Project area is located between 50km and 75km west ‐ northwest of Meekatharra, within the Meekatharra Mineral Field in the Murchison Province of Western Australia. The project comprises two granted exploration licences, E51/1616 and E51/1617, and one granted prospecting licence P51/2868, which covers a large part of the highly prospective Mingah Hills greenstone belt. The project area is prospective for gold, nickel and base metals.

The Jillewarra Project incorporates a significant portion of the Archaean Mingah Greenstone Belt which has been folded into a broad south ‐ plunging anticline. ‐ High grade gold mineralisation has been identified by previous mining and exploration ‐ activities along the south western limb of the structure. Previous exploration within the Project area has identified gold and to a lesser extent copper mineralisation along the Jillewarra Shear Zone, a thrust fault plane at Zapata and along the Jillewarra ‐ Wardabie Shear. These targets have been partially explored with mineralisation identified to date remaining open in several areas.

Copper and nickel mineralisation has been identified within layered ultramafic/mafic sills and gold mineralisation occurs along the contact between the mafic/ultramafic rocks.

Three historic Gold Mining Centres - the Chesterfield, Jillewarra and Wardabie - occur within and/or adjacent to the Jillewarra Project area. The location of these occurrences is largely controlled by significant structural features, which transect the project leases.

The Jillewarra Project encompasses significant gold and base metal structural targets and layered nickeliferous ultramafic/mafic sills which remain to be fully explored. This provides an unique opportunity to systematically assess a significant area of under ‐ explored greenstone terrane.

Jillewarra Project Status

The Company acquired its rights to explore the Jillewarra Project on 15 September 2015, The Company has engaged the services of a consulting geologist to manage an initial 12 month exploration program for the Jillewarra Project. The consulting geologist has commenced a review of historical exploration data and is currently collating and compiling the information.

Pending the results of this review, the most prospective targets will be identified and followed up. Work will be recommended which will most likely consist of infill / followup MMI geochemical sampling. Pending favourable results, the Company will look to further enhance the most prospective geochemical targets with a targeted RAB/Aircore drilling program.

Interests in Mining Tenements & Farm-in/Farm-out agreements:

Project/Teneme nts	Type of Tenement	Location	Held at end of Quarter	Acquired during the quarter	Disposed of during the quarter
Jillewarra Project
E51/1616A	Exploration Licence	Western Australia	Right to earn 80%	Right to earn 80%	-
E51/1617A	Exploration Licence	Western Australia	Right to earn 80%	Right to earn 80%	-
P51/2868A	Prospecting Licence	Western Australia	Right to earn 80%	Right to earn 80%	-

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• A. Timpetra is farming in to the tenements to earn 80% by spending $600,000 on exploration across the tenements within 3 years, with a minimum commitment in the first year of $75,000. The Company plans to commence its first year exploration program in the coming months.

Annual General Meeting

The Company’s Annual General Meeting will be held at 11.30am AEDST on Wednesday 18 November 2015. The venue will be the Grace Hotel at 77 York Street, Sydney.

The Company’s Annual Report and the notice of meeting will be distributed to shareholders shortly.

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Martin Priestley Chairman

For further information contact: Nick Geddes, Company Secretary 1300 134 875

Timpetra Resources Limited Registered Office: Level 8, 70 Pitt Street SYDNEY NSW 2000

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