Ann: Quarterly Activities Report and Cashflow Rep, page-2

re: Ann: Quarterly Activities Report and Cash... With a 2,500m exploration drilling campaign currently underway, and assay results to follow, I look forward to updating you on the exciting progress of Kibaran Resources.

As previously announced, Kibaran Resources has commenced a programme of Reverse Circulation (“RC”) drilling which is currently underway at both graphite projects. The RC drilling programme is expected to take 25 – 30 days with the results of this exploration programme to follow once complete.

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SYR made their first announcement within 3 days