Traka Resources Limited reported final results from the MobileMT (Magneto Tellurics) helicopter-borne geophysical flown in July over the Company's 100%-owned Mt Cattlin Gold-Copper Project in south-west Western Australia. The survey was undertaken to assist in establishing the geological setting of the three previously highlighted buried mineralized intrusives highlighted by geochemical 3D Footprint Modelling. The Number 1 Intrusive Body: The largest and shallowest of the buried 3D Geochemical Footprint Models at Mt Cattlin is the No.

1intrusive, interpreted to be hosted within the volcanic rocks of the Annabelle Volcanics. The intrusive abuts the large, near-vertical Ravensthorpe Fault where it bends in an area of higher conductance within the Chester Formation. A flat-lying tonalite sill, interpreted to be an extension of the large tonalite body outcropping to the south, sandwiches the No 1. Intrusive body between itself and the Ravensthorpe Fault.

This geological setting gives credence to the anomalous geochemical samples collected above (3DFootprint Geochemical Sampling) and is both favorable and characteristic of all the known mineralization in the district. A drill hole of about 1,000m depth would penetrate the core of the No. 1 intrusive, although it is expected that shallower holes up-dip would also detect mineralization.

The Number 2 Intrusive Body: The No. 2 intrusive body is in a similar geological setting to No.1 in that it abuts the Ravensthorpe Faulton a bend. An intersecting thrust fault occurs to the immediate east.

The No. 1 and 2 intrusive bodies join along the trend of the Ravensthorpe Fault at a lower level of confidence in the geochemical model. This extends the zone of interest over a strike length of 1.5km along the north-west trend of the Ravensthorpe Fault, but for purposes of targeting the core positions would be with the focus for initial drilling.

The core of the No.2 intrusive can been drilled with an 800m deep hole although, as with the No. 1 Intrusive position, mineralization could be expected to occur up-dip of the core position. The extent of the flat tonalite sill is evident within the 350 Ohm m contour, and this shows that the No.

2Intrusive occurs with the intrusive and volcanic rocks hosting the other known mineralized positions at Mt Cattlin. The Number 3 Intrusive Body: The No. 3 intrusive body is directly below the Sirdar Resource and below the bottom contact of the flat-lying tonalite sill.

A late stage mineralized structure, which is the same as that known to host the mineralized position at Ellendale, Grafter and Revival, is interpreted to pass through the tonalite sill. Mineralized hydrothermal fluid flowing through the tonalite could account for the geochemical anomaly as well as the IP (Induced Polarization) anomaly associates with Sirdar. A drill-hole of 1,000m would be required to test the No.

3 mineralize intrusive below the tonalite sill. Geological Perspective: The MobileMT survey has provided a new geological framework for the Mt Cattlin Project. It highlights the ongoing potential to define extensions of mineralization to the known prospects above the tonalite sill in addition to providing a perspective on the buried intrusive.

Most of the gold and copper mineralization found historically in the Ravensthorpe district is in cluster positions peripheral to the tonalite intrusive forming the center of the Ravensthorpe Greenstone Belt. The confluence of mineralized structures in project area on the major fold axis of the greenstone belt is a favorable focus for mineralized fluids. The extent of mineralized fluid flow accounts for the high degree of alteration characteristic of the project and the skarn alteration (garnet, magnetite, aegirine) developed on the margins of complex series of intrusive and the underlying tonalite sill.

The previous aeromagnetic and IP surveys are noted to correlate to a material extent with the MobileMT survey results and will assist with design of the follow-up drill program now being planned.