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For Personal Use Only Use Personal for Result, BMRC Is Now Perrmitted to Seek Approval of Its EP Applications the Subject of Its Various Option to Purchase Agreements

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For Personal Use Only Use Personal for Result, BMRC Is Now Perrmitted to Seek Approval of Its EP Applications the Subject of Its Various Option to Purchase Agreements SHAREHOLDER UPDATE Lindian Resources Limited (“Lindian” or the “Company”) provides the following update to shareholders. MASAPELID PROJECT On 7 June 2013, the Company announced that the Department of Environment and Natural Resources (“DENR”) in the Philippines had denied the titleholder’s application for a further two-year renewal of the exploration period under the ASX Release Masapelid Project MPSA.. In response, the titleholder filed a Motion for Reconsideration with the DENR 12 September 2013 (“Motion”). At this stage, no decision has been made in relation to the Motion. The Company and the titleholder continue to pursue the appropriate regulatory LINDIAN RESOURCES remedies to seek an outcome of the Motion. LIMITED Level 1 / 330 Churchill Avenue, OTHER PHILIPPINES PROJECTS Subiaco, Australia WA 6008 Tel: +61 8 9200 4438 Del Gallego Project Fax: +61 8 9200 4469 The Del Gallego Project comprises one granted Exploration Permit (“EP”) and two EP applications located in Camarines Sur, island of Luzon. The Camarines Sur province encompasses the historic Paracale goldfield, one of the most Contact: prolific gold-producing areas in the Philippines. The project tenements were Steve Leithead acquired from Freeport McMoran Inc in 2010. Managing Director The Del Gallego EP is currently subject to an application for the renewal of the E-mail: exploration period. A decision on this renewal application is pending processing [email protected] and decision by the Mines and Geoscience Bureau (“MGB”) Region V. Previously, Freeport had conducted exploration stream sediment, soil and rock chip geochemistry; ground based magnetometer geophysics; geological, For the latest news: structural and alteration mapping, and diamond drilling. The Company has been www.lindianresources.com.au reviewing this and other available data to determine a work programme going forward. Directors / Officers: Matthew Wood The release of an Inferred JORC Compliant Resource of 5 Mt at 1.1g/t gold1 at Steve Leithead Sierra Mining Limited’s Nalesbitan Project located approximately 10km to the Scott Funston northeast of the Del Gallego Project tenements and a recent discovery of Angus Caithness significant copper and gold mineralisation within approximately 15km of the Brian McMaster tenement boundary support the Company’s present and intended objective of conducting substantially more exploration work in relation to this. ASX Symbol: LIN, LINOC Salacot, Abra, Mt. Balantingon, Buena Aurora Projects The Salacot, Abra, Mt Balantingon and Buena Aurora Projects are the subject of EP applications. In May 2013 Lindian’s Philippines subsidiary, Bundok Mineral Resources Corporation (“BMRC”) completed compliance with the DENR Order for mining companies to meet increased authorised and paid up capital requirements. As a For personal use only result, BMRC is now perrmitted to seek approval of its EP applications the subject of its various option to purchase agreements. BMRC is pursuing the approval of these applications. Prior to the receipt of the approvals from the MGB, BMRC intends to engage in LINDIAN RESOURCES LIMITED various activities, including obtaining clearance certification, conducting field based investigations, implementing community relations programmes, executing Free, Prior and Informed Consent agreements and making various submissions to the local and central mining authorities. Exciban The Exciban Project comprises two Mining Lease Contracts (MLC) covering an area of 746 hectares located in the Municipality of Labo, Camarines Norte. The project lies approximately 290 kilometres south east of Manila. The Company believes there is potential for definition of a small, high grade gold resource at Exciban. In order to progress this opportunity, due to current mining legislation not recognising these forms of title anymore, the Company is required to obtain replacement title to the MLC covering the project. The Company is currently progressing through the replacement title process with the regulatory authorities. Other Opportunities Lindian continues to assess new opportunities in Copper / Gold projects as they arise. Steve Leithead Managing Director 1. Sierra Mining Limited, ASX announcement “Nalesbitan Hill – Mineral Resource Estimated, 21 March 2012. COMPETENT PERSONS STATEMENT The information in the above announcement that relates to Exploration Results is based on information compiled by Mr Steven Leithead, who is a member of the Australasian Institute of Mining and Metallurgy. Mr Leithead is a Director of Lindian Resources Limited. Mr Leithead has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Leithead consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. DISCLAIMER The announcement may contain certain forward-looking statements. Words ‘anticipate’, ‘believe’, ‘expect’, ‘forecast’, ‘estimate’, ‘likely’, ‘intend’, ‘should’, ‘could’, ‘may’, ‘target’, ‘plan’, and other similar expressions are intended to identify forward-looking statements. Indication of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Such forward-looking statements are not guarantees of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Lindian, its officers, employees, agents and associates, which may cause actual results to differ materially from those expressed of implied in such forward-looking statements. Actual results, performance, or outcomes may differ materially from any projections or forward-looking statements or the assumptions on which those statements are based. You should not place any undue reliance on forward-looking statements and neither Lindian nor its directors, officers, employees, servants or agents assume any responsibility to update such information. For personal use only LINDIAN RESOURCES LIMITED .
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