Image Resources NL

Image Resources (ASX:IMA)(PNK:IMREF) Announce that results from 155 holes totalling 3910m of drilling since November 2007 have increased the cumulative strike length of the three main strands at Target 2 (now renamed Helene) to over 11km. Helene is now recognised to consist of multiple strands over a 4km distance with the three main strands averaging between 50m and 200m in width.

As previously announced (ASX Release 17 January 2007), Image Resources (ASX:IMA)(US:IMREF) substantially expanded the scope of its North Perth Basin heavy mineral sand exploration to cover targets in older Mesozoic sediments forming the basement to younger Pleistocene sediments which host most of the heavy mineral mines in the region.

Emu Nickel (ASX:EMU)is pleased to announce that the Company was admitted to the Official List of ASX on 25 February 2008. Quotation of the Company's securities will commence at 1pm EDST (11am WDST) on Wednesday 27 February 2008.

Image Resources (ASX: IMA) is pleased to announce that it has entered into an agreement to acquire a 90% interest in exploration licence E70/3298, which hosts a significant part of the Bidaminna heavy mineral (HM) resource in the North Perth Basin. The remainder of the resource and its potential northern extension is held on Image's 100%-owned tenements.

The directors of Image Resources (ASX: IMA) are pleased to report that the Emu Nickel NL initial public offering (proposed ASX code: EMU), has closed after raising $10 million. The raising has been achieved despite difficult market conditions and indicates the extent of support for the spin-out of quality nickel assets from Image, allowing Image to focus on its core heavy mineral projects.

A new large magnetic target, interpreted to be channel style mineralisation, some 18km in length averaging 500m in width identified at Bidaminna. The target is parallel to the Bidaminna Inferred Resource (44Mt @ 3% HM) which is 6km long and 400m wide, indicating scope to significantly increase the resource.

Image Resources (ASX: IMA) wishes to confirm the classification of the Bidaminna resource referred to in yesterday's ASX release. The Bidaminna resource was drilled and reported on by Geopeko (a subsidiary of Peko Exploration Ltd) in 1992 (Annual Report, Cataby Joint Venture, August 1992). Image has previously referred to Bidaminna as an Inferred Resource (ASX release 15 July 2005).

Image Resources Nl (ASX: IMA) - Massive 18km Long Channel Target at Bidaminna - Mr George Sakalidis, MD; Image Resources Nl (ASX: IMA) present the following audio webcast regarding "IMA - Massive 18km Long Channel Target at Bidaminna - Mr George Sakalidis, MD". You may also download this audio webcast to your computer or portable audio player.

Image Resources Limited (ASX: IMA) Announce that following reprocessing of geophysical data and reinterpretation of drilling results over the Bidaminna Resource, Image has outlined a very large channel/strand target at Bidaminna which is 18km long and averages 500m in width with sections up to 1km in width. This target is much larger than the channels drilled to date at Cooljarloo which at this stage total some 9km in length.

Image Resources Nl (ASX: IMA) - Eucla Basin Tenements Granted, North Perth Basin Increased - Mr George Sakalidis, MD; Image Resources Nl (ASX: IMA) present the following audio webcast regarding "IMA - Eucla Basin Tenements Granted, North Perth Basin Increased - Mr George Sakalidis, MD". You may also download this audio webcast to your computer or portable audio player.