TASMAN RESOURCES LTD — AGM Information 2003

Oct 16, 2003

TASMAN RESOURCES NL

ACN 009 253 187 Level 40, Exchange Plaza 2 The Esplanade, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Email: gsolomon@tasmanresources.com.au

17 October 2003

AUSTRALIAN STOCK EXCHANGE ANNOUNCEMENT

ANNUAL REPORT

Attached is copy of the following documents as being mailed to the shareholders on 17 October 2003;

Letter to Shareholders Notice of Annual General Meeting Proxy Form for Annual General Meeting The Annual Report for 2003 (sent as a separate attachment.)

Raymond Francis Buscall Company Secretary

TASMAN RESOURCES NL

ACN 009 253 187 Level 40, Exchange Plaza 2 The Esplanade, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866

17 October 2003

Dear Shareholder

Please find enclosed a copy of the annual report for the year ended 30 June 2003, a notice of the annual general meeting and a copy of a research report compiled by R M Research Pty Ltd.

The past year has been a period of continued focus on exploring Tasman's $8.777 \text{km}^2$ , highly prospective, relatively unexplored Lake Torrens Project Area which adjoins WMC's giant Olympic Dam Mine, one of the ten largest ore bodies in the world.

During the 12 months, our primary results have been as follows:-

• At Titan, 30km north of Olympic Dam, drilling has identified Olympic Dam Style mineralisation in a 5km long coincident gravity/magnetic target. This has the potential to host a very large highgrade copper-gold deposit. Further drilling at Titan is scheduled early in November 2003.
• The drilling at Shelf 6 intersected Mississippi Valley Style ("MVT") carbonate hosted base metal mineralisation, confirming the real possibility of that style of mineralisation in the Project Area. MVT deposits have produced approximately 25% of the world's base metal production.
• The potential for either sediment hosted, Mt Isa Style or Nifty Style copper/lead/zinc mineralisation at Clara St Dora remains unresolved.
• Potential for diamonds in the Project Area has been identified. Historically, two micro-diamonds $\bullet$ are reported to have been previously found in the immediate area, with one being on Tasman's tenement area at Chinaman's Hat Hill. Additionally, there are several areas where there are known kimberlite indicators.
• Recent investigation of previous drilling of the Atlas area 30km ENE of Olympic Dam has noted the existence of traces of nickel sulphide and copper sulphide in the previously un-assayed drill core from an earlier Phelps Dodge drilling program and has identified the area's geological prospectivity as a potential host for a Voisey's Bay (Canada) type nickel deposit. Additionally, numerous anomalous nickel assays were noted in the geochemical sampling (MMI) at Thrust.

The Company proposes to continue to aggressively pursue its exploration program, and at the same time to review all exploration and corporate opportunities that arise.

It remains Tasman's primary objective to discover a world class ore body, nevertheless we are also focusing on potential for smaller high-grade near-surface mineralisation with a view to establishing smaller-scale mining operations to generate a cash flow to support the major exploration activities.

The directors remain focused on and committed to these objectives, and are hopeful that the next 12 months will prove to be an exciting and rewarding time for the Company.

Yours sincerely

Gregory H. Solomon Executive Chairman

TASMAN RESOURCES N.L.

(ACN 009 253 187)

NOTICE OF MEETING

Notice is hereby given that the Annual General Meeting of Tasman Resources N.L. will be held at the registered office of the Company, Level 40, Exchange Plaza, 2 The Esplanade, Perth at 10.00 am on Friday 21st of November 2003.

AGENDA

To consider and if thought fit to pass with or without amendment the following resolutions.

$\mathbf{1}$ Annual Accounts - As an Ordinary Resolution

To receive, consider and adopt the Financial Statements for the year ended 30 June 2003, together with the Directors' and Auditors' Reports and Directors' Statement thereon.

$\overline{2}$ Election of Director - As an Ordinary Resolution

To elect Mr Guy Touzeau Le Page who, in accordance with the Constitution of the company, retires by rotation and being eligible offers himself for re-election.

$\overline{3}$ . Election of Director - As an Ordinary Resolution

To elect Mr Douglas Howard Solomon who, having been appointed since the last annual general meeting, in accordance with the Constitution of the company, retires by and being eligible offers himself for re-election.

Other Business:

To transact any business which may be brought before the meeting in accordance with the Constitution of the company and the Corporations Act 2001.

By Order of the Board of Directors

R F Buscall Secretary Dated this 17th day of October 2003

Notes Relating To Proxies:

As a member who is entitled to attend and vote at the statutory meeting, you are entitled to appoint not more than two proxies. Where more than one proxy is appointed, each proxy must be appointed to represent a specified proportion of your voting rights. A proxy need not be a member of the company, but should be a natural person over the age of 18 years. Forms must be lodged at the registered office of the company not less than 48 hours before the timing of the meeting.

TASMAN RESOURCES N.L. (ACN 009 253 187)

PROXY FORM ANNUAL GENERAL MEETING

I/We
	being a member/members of Tasman Resources N.L. entitled to attend and vote at the meeting, hereby
Appoint
Name of proxy
or failing the person so named or, if no person is named, the Chairman of the meeting or the Chairman's nominee, to vote in respect of ____% of my/our voting rights in accordance with the following directions, or if no directions have been given, as the proxy sees fit at the Annual General Meeting of the company, to be held on Friday 21st of November 2003 and at any adjournment thereof. If no directions are given, the Chairman will vote in favour of all of the resolutions. AGAINST ABSTAIN FOR
Ordinary Resolutions:
To adopt the reports and accounts 1 1
2. To elect Mr GT Le Page
3. To elect Mr DH Solomon
If you mark the abstain box for a particular item, you are directing your proxy not to vote on that item on a show of hands or on a poll and that your shares are not intended to be counted in computing the required majority on a poll.
Signed this 2003. day of
Individuals and joint holders	Companies (affix common seal if appropriate)
Signature	Director
Signature	Director/Company Secretary
Signature	Sole Director and Sole Company Secretary
The Chairman intends to vote in favour of all 3 resolutions in respect of all undirected proxies. If you do not wish to direct your proxy how to vote please place a mark in the box. By marking this box you acknowledge that the Chairman may exercise your proxy even if he has an interest in the outcome of the resolution and votes cast by him other than as proxy holder will be disregarded because of that interest.
Notes:

• To be effective, this proxy and the power of attorney (if any) under which it is signed must be received at the
  Registered Office of the company, Level 40, Exchange Plaza, 2 The Esplanade, Perth, WA 6000 not less than 48 $1.$ hours before the time for holding the meeting, or any adjournment thereof.
• $\overline{2}$ . If the member is a corporation, the form of proxy should be signed under seal if appropriate.