Quarterly Report For the three months ending 30 September 2006 Indophil Resources NL Level 3, 99 Queen Street, Melbourne, VIC, 3000 Australia Tel +613 9670 5740 Fax +613 9670 8538 Email [email protected] Indophil Resources Phils Inc. Level 3, 107 Aguirre Street, Legaspi Village, Makati City 1229, The Philippines Tel +63 2 752 1440 Fax +63 2 752 1446 www.indophil.com Indophil delivers the Tampakan pre-feasibility study . . With confirmation of a world-class deposit . . . An annual target of: And we open up new exploration initiatives. . 210,000 tonnes copper 218,000 ounces gold As flagged in previous announcements, Indophil Resources NL has delivered - on time and on budget - the A$27 million prefeasibility study (PFS) work program on the Tampakan Copper-Gold Project in the southern Philippines. In line with the terms of an option agreement between Indophil and Xstrata Queensland Limited (Xstrata Copper), Xstrata Copper is now evaluating the PFS work program, and is required to indicate its position on the Tampakan project by 31 October 2006.
IRN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held