JULY 2007
FORWARD LOOKI NG STATEMENTS This presentation contains forecasts and forward looking statements which are made in good faith and are believed to have reasonable basis. However, such forward looking statements are subject to risks, uncertainties and other factors which could cause the actual results to differ materially from the future results expressed, projected or implied by forward looking statements.
HI STORY � 1984 beginning � Aeromagnetic database second only to Rio Tinto � Discoveries � Magnetic Minerals listed 2000 � Image listed July 2002 � Meteoric listed July 2004 � Magnetic listed April 2007
DI RECTORS • George Sakalidis: Managing Director, geophysicist, 29 yrs exp. • Roger Thomson: Technical Director, geologist, 39 yrs exp. • Peter Thomas: Chairman, lawyer, 25 yrs exp.
COMPANY STRUCTURE AND ASSETS IMAGE FPO 1 SHARES 6,000,000 Directors: Peter Thomas - Chairman Bonus FPO Shares 1:9 to Image s/h 8,200,000 George Sakalidis – Managing Director IPO FPO Shares (20c per share) 25,000,000 Roger Thomson – Exploration Director Total FPO Shares 39,200,000 121 370 232 ACN Partly Paid Contributing Shares (20c IPO Raising: $5 million unpaid) 2 Bonus 1:6 to Image s/h 12,300,000 Directors & Consultants 6,500,000 1 fully paid ordinary Options to acquire FPO shares at 25 2 Application for quotation of fully paid converting and partly paid cents each on or before 30 months contributing shares will not to be made within the first 24 mon 5,500,000 from date of ASX listing – after the Company is admitted to ASX. Stockbrokers and supporters.
HI GHLI GHTS • Projects totalling 6,670sq km in the Yilgarn Craton. • Some 330km of interpreted, under-explored greenstone belt. • Ready to drill EM nickel targets at Binti and Lake Percy. • 14 projects soil sampled . • 7 projects being RAB drilled • 4 projects with encouraging geochem results • Team members with histories of successful project generation and discoveries. • Focus on gold, nickel and uranium.
FORRESTANI A - RAVENSTHORPE
FORRESTANI A – RAVENSTHORPE AEROMAGNETI CS
NEPEAN – BOORABBI N AEROMAGNETI CS
EMI LY ANN – FLYI NG FOX AEROMAGNETI CS
RAVENSTHORPE –NEWDEGATE AEROMAGNETI CS
MAGNETI C RESOURCES Binti Bore A eromagnetics
MAGNETI C RESOURCES Binti Bore Summary
Binti Bore - BBC1 EM Modelling MAGNETI C RESOURCES
Binti Bore – BBC2 EM Modelling MAGNETI C RESOURCES
Binti Bore – BBC3 EM Modelling MAGNETI C RESOURCES
MAGNETI C RESOURCES BBC3
MAGNETI C RESOURCES BI NTI BORE
MAGNETI C RESOURCES BI NTI BORE
MAGNETI C RESOURCES LAKE PERCY – MAGNETI CS RAB AND RC DRI LL HOLES 2m @ 0.6% Ni 2m @ 0.7% Ni (incl. 1m @ 0.9% Ni)
MAGNETI C RESOURCES LAKE PERCY AEROMAGNETI CS
MAGNETI C RESOURCES LAKE PERCY EM CONDUCTOR
MAGNETI C RESOURCES
MAGNETI C RESOURCES URANI UM PROJECTS • 5 Uranium targets selected from new 85,000km airborne survey • Strong isolated responses ranging between 11 ppm to 41 ppm UEq • Occur in old drainage channels and salt lake sediments • Similar response to Yeelirrie uranium (30 – 70 ppm UEq) • Radiometric ground traverses and sampling at Lake Seabrook and Yerritup
MAGNETI C RESOURCES URANI UM PROJECTS
MAGNETI C RESOURCES URANI UM TARGETS THREE STAR LAKE LAKE SEABROOK
MAGNETI C RESOURCES URANI UM TARGETS BOYDELLS 26 MI LE ROCK YERRI TUP
SUMMARY • Aggressive start to float with sampling programmes at 11 projects waiting for Ni and Au assays • Deep RC rigs being organised for Binti and Lake Percy Ni sulphides EM targets • 4 projects with encouraging geochem results. Two have old gold workings • RAB programme 10000m for 7 projects • Tight structure with 33 million shares trading • 1.5M drilling and exploration in first year
CONTACT DETAI LS Level 2, 35 Outram Street, West Perth • WA 6005 PO Box 1388, West Perth WA 6872 • Ph: 9226 1777 • • Fax: 9485 2840 Email: info@magres.com.au • Web: www.magres.com.au • ASX: MAU •
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