Washihi Copper-Gold Project Exploration Update

Chile (cont'd) "Lana and Corina" – highlight prospectivity of breccia pipes, with porphyry below Two drill holes - intersected 130m & 180m @ 0.7% Copper & up to 200ppm Molybdenum E-294300 E29400 E-298 500 E-298 600 E-29 700 N-6 555 300 56 200 LCO-2 6555.100 N-6.555 000 N-6.504 800 CORINA LANA N-4 555 300 Lana-Corina Project Area Geology Plan N-4555 100 N-6 555.000 LCO-2 800m 700m 600m 500m LITHOLOGY Breccia pipe Dacite porphyry Diorite ALTERATION-MINERALISATION Breccia pipe with tourmaline-serecite Intercept of copper/ molybdenum mineralisation in diorite porphyry Drill hole trace 400m LCO-1 LANA-CORINA PROJECT 300m GEOLOGY PLAN E-298 300 E-296 500 E-298 600 E-29 700 O Alara Resources Limited www.alararesources.com T GEM GEM-2 Alaa resources Lana-Corina LCO-1 Project Area Cross 800m 700m GEM-1 14 GEM-3 LO LEGEND 0.50-3-0023 Breccia pipe with copper/molybdenum mineralisation Copper/molybdenum mineralisation in dacit porphyry with quartz dolerite Mineral >= 0.7% Cu Mineral intercept 0.2 y @ 0.69% Cu <Und> CuT (%) Ag (g/t) Assay result= Cu Mo 600m 500m m Mined areas LANA-CORINA PROJECT CROSS SECTION OF PORPHYRY SHOWING DRILL HOLES A SA. 2005 Age 200 6 150m 30

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