🕐13.10.10 - 10:27 Uhr

Update on Voluntary Suspension



Dear Subscriber, The Company advises that it has requested the Australian Securities Exc= hange to lift the voluntary suspension on the Company=E2=80=99s securities tr= ading, effective immediately. Reed Resources secured rights to, and was evaluating, a prospective new project within the Goldfields area of Western Australia.

The project ar= ea displayed anecdotal anomalies of precious metals including platinum gro= up metals (=E2=80=9CPGM=E2=80=99s=E2=80=9D), gold and silver. Reed Resources initial evaluation involved excavating trenches within t= he project area and samples sent for assay to a specialist laboratory in t= he USA with a reputation for expertise in PGM assays. The initial assay results indicated the samples contained exceptional l= evels of gold, as well as highly anomalous levels of silver and PGM=E2=80=99s= =2E Due to the nature of these results the Company sought to verify the results with further sampling and check assaying. Further work was undertaken at an accredited commercial laboratory in Australia.

Bulk in-situ samples were meticulously taken and tested in duplicate for gold only using multiple assay techniques.

The samples co= uld not replicate the original assay results, and showed only background le= vels of gold consistent with this area of the Goldfields.

In addition, preliminary assays for PGM=E2=80=99s show only background levels of min= eralisation. Based on the information at hand, it is the view of Reed Resources that= the initial assays were a result of an analytical error, and that further c= heck assaying for PGM=E2=80=99s are continuing.

The Company will keep the ma= rket fully informed of any material developments.

The Company has no further information to announce in relation to this project. For further information, please refer to the announcement at http://reedresources.us2.list-manage1.com/track/click?u=3D773668750eed9= c3d1dd94593d&id=3D8754d7fe68&e=3D3a8b0a6829 Regards The Reed Resources Team =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D You are receiving this email because you subscribed to our mailing list. Unsubscribe from this list: http://reedresources.us2.list-manage.com/unsubscribe?u=3D773668750eed9c3d1= dd94593d&id=3D260499d2c3&e=3D3a8b0a6829&c=3D9b6e7b3d21 Our mailing address is: Reed Resources Ltd 97 Outram St West Perth, Western Australia 6005 Forward this email to a friend: http://us2.forward-to-friend1.com/forward?u=3D773668750eed9c3d1dd94593d&id= =3D9b6e7b3d21&e=3D3a8b0a6829 Update your profile: http://reedresources.us2.list-manage.com/profile?u=3D773668750eed9c3d1dd94= 593d&id=3D260499d2c3&e=3D3a8b0a6829



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