Fortbridge Media Release

Buxton Resources [BUX] - Quarterly Activities Report - December 2012

HIGHLIGHTS

Widowmaker Ni-Cu Project
� HeliVTEM survey completed at Widowmaker Ni-Cu Project
� 14 separate interpreted bedrock conductors identified, with 7 defined as priority 1 targets
� Government co-funded exploration drilling grant of $150,000 approved
� Aboriginal heritage survey and clearing of access tracks completed
� Focused soil/calcrete geochemical sampling commenced over VTEM targets and additional regional geochemistry targets

Yalbra Graphite Project
� HeliVTEM survey completed at Yalbra Graphite Project
� Highly conductive response over the exploration target area, and a new large conductor with over 6km total strike identified
� Rock chip sampling at Yalbra confirms substantial and widespread high grade graphite at surface
� The company has significantly increased its Yalbra tenement holding from 37km� to 473km�

Other
� New tenement applications in the Albany-Fraser Orogen and the Northhampton Base Metals Province, WA

Events subsequent to the completion of the quarter
� Detailed fixed loop and moving loop ground EM surveys commenced to cover all 14 HeliVTEM targets