TASMAN RESOURCES NL ACN 009 253 187 Level 40, Exchange Plaza 2 The Esplanade, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Website: www.tasmanresources.com.au AUSTRALIAN STOCK EXCHANGE ANNOUNCEMENT EXPLORATION UPDATE 18th August 2005 MARATHON SOUTH DRILLING PROGRAMME PROGRESS Drilling the first of four planned holes, MS2, at Tasman Resources NL’s Marathon South prospect is progressing well. However, the Company wishes to advise that, due to the drilling contractor being unable to supply two drilling crews at present, drilling has only been occurring with a single shift per day. Core drilling production rates have been good, averaging between 20m and 30m per shift. The depth of hole MS2 at the end of Wednesday 17th August was 483m. Depth to basement in the vicinity of MS2 is interpreted to be in the range 550m to 600m and the planned total depth of the hole is 800m. As a result, whilst only one shift is available, the time to complete each hole is likely to be in the range of 25-35 days before the core can be sent for assaying, which is likely to take a further three to four weeks. Gregory H Solomon Executive Chairman
TAS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
