MURRAY COD AUSTRALIA LIMITED — Regulatory Filings 2011

Jun 19, 2011

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UPDATE ON DRILLING PROGRESS

20 June 2011

Diamond drilling of the Lockington South Prospect is continuing, with three holes completed for a total of 1531 metres. Hole LODT004 is currently passing 725 metres of a planned 750 to 800 metres final depth. Hole LODT005 should commence on 21 June 2011 and is expected to be completed by early July 2011. Narrow zones of mineralisation were intersected in the first two holes.

This initial 5 hole drill programme is focussed on testing the mineralisation drilled by Gold Fields Australasia in the period 2005-2007, as well as to test the complex fold structures in the eastern portion of the prospect.

This initial program will be completed with the drilling of a fifth hole on the eastern side, bringing the program to about 2,800 metres. To date, 196 samples of half core splits have been sent for assay, results are expected to be ready by the end of this month. Geological analysis of stratigraphy and structural relationships is in progress and the Company is planning to complete this by end July 2011.

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For more information:

Timpetra Resources Limited

Dion Cohen (Chief Executive Officer)

+61 2 8298-2008

www.timpetra.com

About Timpetra Resources Limited

Timpetra Resources is a public listed Australian company that is focused on the identification, assessment and development of gold projects. The Company’s maiden project is the Lockington Project, an advanced gold exploration project situated within Central Victoria’s established gold district near the town of Lockington. Since July 2003, over 100,000 meters of drilling has been completed at the Lockington property, as well as extensive geochemistry and ground geophysics work. The Lockington Project is supported by Timpetra’s major shareholder, Gold Fields Australasia Pty Ltd who has a technical services agreement in place with Timpetra.

Forward Looking Statements

This announcement contains certain forward looking statements which by nature, contain risk and uncertainty because they relate to future events and depend on circumstances that occur in the future. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by these forward looking statements.