JORC Code reporting

    JORC Code reporting
             



29 April 2008
 
JORC Code reporting
 
It has been drawn to the Company's attention that the following
statements are contained within the "Background" information section
located in each press release:
 
"At the Wetar Copper Project, Finders has previously announced
Measured, Indicated and Inferred Resources at a 0.5% copper cut-off
grade, of 9.8 million tonnes at 2.5% copper for 248,000 tonnes
contained copper in two deposits, Kali Kuning and Lerokis."
 "For further information on results  previously reported and a  full
resource      statement      please      visit      our       website
www.findersresources.com."
To properly address the requirements of reporting under the JORC
code, the Company provides the following disclosure to conform with
Clause 25:
 

                                                         Attributable
                                                      (72.4%)
            Category  Tonnes   Cu%  Cont.   Cu    Tonnes       Cont.
                       (M)             (KT)       (M)      Cu (KT)
Kali Kuning Measured   3.3      2.7      89       2.4        64.6
0.5% Cu     Indicated  2.6      2.4      63       1.9        45.3
Cut-off     Inferred   0.6      1.8      11       0.4        7.7
grade
            Total      6.6      2.5      165      4.8       119.1
Lerokis     Indicated  2.9    2.5       71        2.1        51.6
0.5% Cu     Inferred   0.4    1.7       7         0.3        4.9
Cut-off     Total      3.2    2.4       76        2.3        55.1
grade

 
This split between Measured, Indicated and Inferred has previously
been announced to the market. The full resource statement, referred
to by a link to the Company's web-site in the announcement made by
the Company on Thursday 24 April 2008, also records this split.
 
For further information please contact
 
Finders Resources Ltd:
Russell Fountain, Executive Chairman, [phone]
Chris Farmer, Managing Director, [e-mail]
 
Financial PR:
Doug Macdonald, [phone], Capital Group (in Australia)
Paddy Blewer or Nick  Elwes, [phone], College Hill (in  the
UK)
 
RFC Corporate Finance Ltd - Nomad and Corporate Adviser:
Rob Adamson, [phone] or Stuart Laing, + 61 8 9480 2500
 
Statements by Finders Resources Ltd
Geological information in this  announcement is based on  information
compiled by  Dr  R Fountain  who  is  a Fellow  of  the  Australasian
Institute of Geoscientists and a Director of Finders. Dr Fountain has
sufficient  experience   that   is   relevant  to   the   styles   of
mineralisation and types of deposits  under consideration and to  the
activity that he  is undertaking  to qualify as  Competent Person  as
defined in  the JORC  Code.  He consents  to  the inclusion  in  this
announcement of the matters based on his information in the form  and
context in which they appear.
Statements in  this document  that  are forward-looking  and  involve
numerous risks and uncertainties that  could cause actual results  to
differ materially from  expected results are  based on the  Company's
current beliefs and assumptions regarding  a large number of  factors
affecting its  business. Actual  results may  differ materially  from
expected results. There can be no assurance that (i) the Company  has
correctly measured or  identified all  of the  factors affecting  its
business or  the extent  of their  likely impact,  (ii) the  publicly
available information  with respect  to these  factors on  which  the
Company's analysis  is  based  is complete  or  accurate,  (iii)  the
Company's analysis is correct or  (iv) the Company's strategy,  which
is based in part on this analysis, will be successful.

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