JORC Code reporting
April 29 2008 - 5:41AM
UK Regulatory
JORC Code reporting
29 April 2008
�
JORC Code reporting
�
It has been drawn to the Company's attention that the following
statements are contained within the "Background" information section
located in each press release:
�
"At the Wetar Copper Project, Finders has previously announced
Measured, Indicated and Inferred Resources at a 0.5% copper cut-off
grade, of 9.8 million tonnes at 2.5% copper for 248,000 tonnes
contained copper in two deposits, Kali Kuning and Lerokis."
�"For further information on results previously reported and a full
resource statement please visit our website
www.findersresources.com."
To properly address the requirements of reporting under the JORC
code, the Company provides the following disclosure to conform with
Clause 25:
�
� � � � � ��������� Attributable
(72.4%)
� Category Tonnes � Cu% Cont.�� Cu �� Tonnes ����� Cont.
(M) (KT) (M) Cu (KT)
Kali Kuning Measured 3.3 �� 2.7 �� 89 2.4 64.6
0.5% Cu Indicated 2.6 �� 2.4 � 63 1.9 45.3
Cut-off Inferred 0.6 �� 1.8 � 11 0.4 7.7
grade
� Total 6.6 �� 2.5 �� 165 4.8 119.1
Lerokis Indicated 2.9 2.5 71 2.1 51.6
0.5% Cu Inferred 0.4 1.7 7 0.3 4.9
Cut-off Total 3.2 2.4 76 2.3 55.1
grade
�
This split between Measured, Indicated and Inferred has previously
been announced to the market. The full resource statement, referred
to by a link to the Company's web-site in the announcement made by
the Company on Thursday 24 April 2008, also records this split.
�
For further information please contact
�
Finders Resources Ltd:
Russell Fountain, Executive Chairman, +61 2 9211 8299
Chris Farmer, Managing Director, info@findersresources.com
�
Financial PR:
Doug Macdonald, +61 424 255 959, Capital Group (in Australia)
Paddy Blewer or Nick Elwes, +44 20 7457 2020, College Hill (in the
UK)
�
RFC Corporate Finance Ltd - Nomad and Corporate Adviser:
Rob Adamson, +61 2 9250 0000 or Stuart Laing, + 61 8 9480 2500
�
Statements by Finders Resources Ltd
Geological information in this announcement is based on information
compiled by Dr R Fountain who is a Fellow of the Australasian
Institute of Geoscientists and a Director of Finders. Dr Fountain has
sufficient experience that is relevant to the styles of
mineralisation and types of deposits under consideration and to the
activity that he is undertaking to qualify as Competent Person as
defined in the JORC Code. He consents to the inclusion in this
announcement of the matters based on his information in the form and
context in which they appear.
Statements in this document that are forward-looking and involve
numerous risks and uncertainties that could cause actual results to
differ materially from expected results are based on the Company's
current beliefs and assumptions regarding a large number of factors
affecting its business. Actual results may differ materially from
expected results. There can be no assurance that (i) the Company has
correctly measured or identified all of the factors affecting its
business or the extent of their likely impact, (ii) the publicly
available information with respect to these factors on which the
Company's analysis is based is complete or accurate, (iii) the
Company's analysis is correct or (iv) the Company's strategy, which
is based in part on this analysis, will be successful.
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