Image Resources NL

Image Resource NL (ASX:IMA)(PINK:IMREF) is pleased to report that a Memorandum of Understanding (MOU) has been signed with the China Hainan Provincial Bureau of Geological Exploration (HPBGE) regarding its North Perth Basin mineral sands project.

Image Resource NL (ASX:IMA)(PINK:IMREF) is pleased to report that following separate Memoranda of Understanding (MOUs) being reached with two local mineral sands producers, Image has agreed to release composite samples from, and resource models of, its North Perth Basin project to enable the producers to further assess these resources.

Image Resource NL (ASX:IMA)(PINK:IMREF) is pleased to announce a new joint venture on an 85sq km tenement (E70/3041) with unlisted Kingsreef Pty Ltd, increasing its tenement holdings in the North Perth Basin to approximately 2,410sq km. The joint venture tenement is strategically located on the productive Gingin Scarp between Iluka's operating Gingin mine and the Regans Ford heavy mineral (HM) deposit.

Image Resource NL (ASX:IMA)(PINK:IMREF) is pleased to announce a new joint venture on a 107sq km tenement (E70/2742) with unlisted Derby Mines Pty Ltd, increasing its tenement holdings in the North Perth Basin to approximately 2,330sq km.

Image Resources NL (ASX:IMA)(PINK:IMREF) would like to offer you details of a presentation titled "Positive Scoping Study Outcome" which was made available by Mr George Sakalidis, Managing Director, on Monday 1 December 2008 at 3:00pm AEST.

Image Resources NL (ASX:IMA)(PINK:IMREF) announce a positive outcome from the scoping study carried out in the North Perth Basin.

Image Resource's NL (ASX:IMA)(PINK:IMREF) would like to offer you details of a presentation titled "IMA - AMEC National Investor Briefing - Mr George Sakalidis MD" which was made available by Mr George Sakalidis, Managing Director.

Image Resource's NL (ASX:IMA)(PINK:IMREF) announce the quarterly activities for September 2008

The first phase of aircore drilling at Image Resource's NL (ASX:IMA)(PINK:IMREF) 100%-owned Serpentine Lakes tenements in the Eucla Basin in Western Australia has been completed (210 holes totalling 8,497m).

Image Resources NL (ASX:IMA)(PINK:IMREF) is pleased to announce that the 95 sq km Gingin tenement E70/3032 in the North Perth Basin has been granted and a number of access agreements have already been signed paving the way for a drilling programme to begin in December. Geophysical surveys carried out by Image have identified at least 45km of new targets, one of which is over 8.6km in length and 0.35km wide.