EXPLORATION UPDATE

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Lindian Resources Limited is very pleased to provide an update for
exploration on its Masapelid Project in the Philippines.

? High grade gold, silver and base metal assays were
received from underground sampling of the Davaoeno
mine located at Layab. Underground channel sampling
results ranged up to maximum contents of:

? 65.48g/t gold
? 102g/t silver
? 1.68% copper
? 9.31% lead
? 7.13% zinc

? Discovery of a new zone of gold mineralisation at the
Lunar-Magbanua Gold Prospect with results from the
seven surface samples of exposed mineralisation returning:

? 3.21g/t gold
? 6.87g/t gold
? 2.68g/t gold
? 4.78g/t gold
? 3.75g/t gold
? 7.45g/t gold
? 8.41g/t gold

? High grade gold mineralisation has been confirmed at the
Uyajan Gold Prospect with the three assays from rock
sampling returning:

? 5.75 g/t gold
? 66.77g/t gold
? 77.14g/t gold

? Extremely encouraging results have been received from
underground sampling of the Sabang Copper-Gold
Porphyry. Recently completed underground sampling in
the upper levels of the porphyry has returned consistent
copper mineralisation averaging 1.22% copper with
associated silver and gold credits (1.32g/t silver and 0.13g/t
gold)