Grange Resources Limited, Level 13, 221 St Georges Terrace, Perth ...

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Horseshoe Lights ProjectMINERAL RESOURCES AS AT 31 DECEMBER 2004LocationCategoryTonnesGrade% CuContainedCopper (t)NW Stringer Ore Indicated 1,606,000 0.86 13,800Inferred 1,606,000 0.78 12,500Main Zone Indicated 949,000 1.29 12,200Inferred 233,000 1.08 2,500Motters Zone Indicated 169,000 0.80 1,300Inferred 61,000 0.80 500M-15 Indicated 250,000 0.80 2,000Indicated 40,000 0.80 300Flotation Tailings Measured 1,420,000 0.55 7,800Barrack Waste Dump Inferred 250,000 0.80 2,000TOTAL RESOURCES6,584,0000.8454,900
Mount Samuel Project SUMMARYGrange 85%, Prospectors 15%6km south of Tennant CreekLocated along same structural trend as previousproducing mines Juno (810,000oz Au), Nobles Nob(1,100,000oz Au) and Eldorado (100,000oz Au)Potential for high grade gold, copper, bismuthdepositLast drilling programme in 1987/88 recordedsignificant intersections including 17m @ 108g/t Aufrom 28 metres depthAccess currently not available due to AboriginalSacred Site
Page 1 and 2: February 2005Grange Resources Limit
Page 3 and 4: SHARE CAPITAL AT 3 rd FEBRUARY 2005
Page 5 and 6: MAJOR SHAREHOLDERS AT 31 DECEMBER 2
Page 7 and 8: Southdown Magnetite ProjectPROJECT
Page 9 and 10: Southdown Magnetite ProjectTENEMENT
Page 11 and 12: Southdown Magnetite ProjectBMR AERO
Page 13 and 14: Southdown Magnetite ProjectDRILLING
Page 15 and 16: Southdown Magnetite ProjectOPEN PIT
Page 17 and 18: Southdown Magnetite ProjectDEVELOPM
Page 19 and 20: Southdown Magnetite ProjectINFRASTR
Page 21 and 22: Southdown Magnetite ProjectINFRASTR
Page 23 and 24: Southdown Magnetite ProjectCOST EST
Page 29 and 30: Highway Open Pit MinePANORAMIC OVER
Page 31 and 32: Reward Deeps ProjectLOCATION OF ORE
Page 33 and 34: Freshwater Project - Plutonic/Marym
Page 35 and 36: Freshwater Gold ProjectSUMMARYOwned
Page 37 and 38: Freshwater ProjectPRODUCTION & ROYA
Page 39 and 40: Freshwater ProjectMINERAL RESOURCES
Page 41 and 42: Red Hill Project SUMMARYGrange has
Page 43 and 44: Wembley Gold Project SUMMARYLocated
Page 45 and 46: Abercromby Well Project SUMMARYLoca
Page 47: Horseshoe Lights ProjectLOCALITY PL
Page 51: Mount Samuel ProjectGEOLOGICAL CROS

Grange Resources Limited, Level 13, 221 St Georges Terrace, Perth ...

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