Image Resources NL

Emerging gold producer Integra Mining Limited ("Integra") (ASX:IGR) is pleased to report the Company has entered into Farm-in and Joint Venture Agreements with Image Resources NL ("Image") (ASX:IMA) on two tenements along strike of Integra's Aldiss Gold Project located some 130 kilometres east of Kalgoorlie in Western Australia.

As part of its ongoing heavy mineral exploration in the Eucla Basin, Image Resources NL (ASX:IMA) (PINK:IMREF) has applied for three tenements covering 775km2 approximately 80km west of its Serpentine Lakes tenements and adjacent to its Wanna South and Forrest Lakes tenements. This acquisition brings Image's tenement holdings in this part of the Eucla Basin to 1,623km2.

Image Resources NL (ASX:IMA) (PINK:IMREF) has completed its maiden resource estimate for the Cyclone Extended heavy mineral (HM) project in the Eucla Basin, which abuts the Cyclone deposit held by Diatreme Resources (ASX:DRX). Following a data swap with Diatreme, Image has completed a global estimate for both Cyclone and Cyclone Extended in order to properly set its Cyclone Extended resource in context with the whole mineral deposit.

Magnetic Resources NL (ASX:MAU) is pleased to advise that Singapore-based private investor, Mr Hian-Siang Chan, has acquired a 5.63% interest in the Company following a private placement of 2,800,000 fully paid ordinary shares at 45 cents per share together with an off-market purchase of 1,000,000 fully paid ordinary shares from Image Resources NL at the same price.

Image Resources NL (ASX:IMA) (PINK:IMREF) has encountered further high grade heavy minerals at its newly discovered 16km-long target zone at Gingin in the North Perth Basin.

Emu Nickel NL (ASX:EMU) announces that recent interpretation of downhole EM (DHEM) data and further processing of existing fixed loop ground EM (FLEM) have confirmed the presence of 500mlong x 150m (down dip) EM conductor at Binti South, part of the Emu Lake joint venture situated 70km north east of Kalgoorlie.

Image Resources NL (ASX:IMA) (PINK:IMREF) has encountered further high grade heavy minerals at its newly discovered 16km-long target zone at Gingin in the North Perth Basin.

FINANCE VIDEO: Image Resources (ASX:IMA) CEO George Sakalidis Speaks at RIU Sydney Resources Round-up.

Image Resources NL (ASX:IMA) (PINK:IMREF) has identified excellent heavy mineral (HM) grades within its Gingin (E70/3032, Image 100%) and Chandala (E70/2742, Image earning 70%) tenements in the North Perth Basin. An extensive target zone more than 16km in length has been defined by detailed ground magnetic surveys along the Gingin scarp which has historically been the site of a number of world class ore bodies including Eneabba and Cooljarloo.

Image Resources (ASX:IMA) Quarterly Report for Period Ending 31 March 2010