- 2 -InterMet Resources LimitedRecent successes:• InterMet...

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InterMet Resources Limited
Recent successes:
• InterMet signed an option agreement for Mt Ruby iron-ore project in northern Queensland,
with iron values up to 69.48% Fe, on 22 October 2007.
• Paddy lease mapping shows magnetite outcrops extend for up to 500m in length and 150m
in width. Previous iron assays at produced values up to 69.86% Fe.
• InterMet signed a purchase agreement for “Ann” Mining Lease Application (MLA) 20424 in
Queensland on 16 October 2007. Rock chip assays produced up to 26.7% zinc and 198g/t
indium.
• Acquisition of the Munderra copper-iron-gold and base metals project in northern
Queensland on 20 September 2007.
• EL 3948 (Lake Malata), containing a uranium radiometric anomaly, granted to InterMet,
who plans to explore for uranium in their own right.
• Completion of a high-resolution radiometric and aeromagnetic survey at Wanilla (EL 3702)
on the Coulta Project.
Deferred settlement:
Deferred settlement trading commences on 26 November 2007 under the code ITTN (indicative
only) and will continue until 17 December 2007.
Other Data:
1. The latest available market sale price on the Australian Securities Exchange Limited (ASX)
before the date of this notice for those securities to which the Options may be converted
was 27.5 cents on 19 October 2007.
2. The highest and lowest sale price on the ASX for the three months preceding the date of
this notice and the respective dates of sales for those securities to which the Options may
be converted were:
Highest - 37.0 cents on 18 October 2007
Lowest - 10.5 cents on 17 August 2007