now we know why all of a sudden the interest

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Image Resources is pleased to announce the commencement of a 10,000m - 15,000m
programme of air core drilling on its promising Eucla Basin tenements (466sq km) at the
end of August. The programme has two areas of focus: the strike extension of the recent
zircon rich Cyclone discovery on an adjoining tenement and several other exciting targets
within the broad 28 km x 9 km area of prospectivity (refer to attached map).
Diatreme Resources (DRX) has announced an Inferred Resource estimate for Cyclone of
1.8million tonnes of heavy minerals containing 740,000 tonnes of zircon (DRX ASX
release 15 February 2008). Mineralised drillholes along Image’s tenement boundary and
the strike of the strandline strongly indicate that the resource extends into Image’s
tenements. Much of the drilling is aimed at delineating these extensions.
The other targets within the prospective area comprise a series of interpreted
palaeocoastlines. Determining the controls to the formation of the palaeo-shorelines is the
key to understanding the depositional history and identifying prospective strandline
locations. The Image drilling programme will be aimed at achieving these objectives.
The Eucla Basin is an exciting new mineral sand province where the heavy mineral
discoveries made to date have a much higher proportion of zircon compared to most
mineral sand deposits elsewhere in the world. Development of mineral sand discoveries
in the Eucla Basin is now underway as indicated by the recent grant of mining leases to
Iluka, paving the way for mining of the Jacinth-Ambrosia deposits in 2010.