Announcement PDF ASX/Media Release 20th October 2015 ON-GOING SILVER, COPPER & NICKEL ADVANCES IN THE PARIS DISTRICT  Review of Paris geological framework completed ahead of re-estimation of silver resource  Assays and petrology for recent Nankivel drilling enhance porphyry and skarn copper potential in broader Paris mineral system  Further drill hole petrology at nearby Diomedes confirms widespread ultramafic nickel sulphide potential  Heritage survey underway to gain drill access for balance of new priority copper targets with majority of nickel target area already cleared  Application for large tenements with additional copper and nickel potential based on breakthrough ideas and government research. The Paris district within Investigator Resources’ 100% held Peterlumbo tenement EL5368 continues to advance as a prime terrain for undiscovered greenfields metal deposits. The Paris silver deposit provides not only a foundation resource but is also a lead-in for a spectrum of discovery opportunities in copper, gold and nickel along with further silver lead zinc deposits. Paris Resource Review A re-estimation of the maiden Inferred Mineral Resource of 20Moz silver established in 2013 for the Paris Project is well underway. A full geological review is now completed confirming the epithermal character and the extent of the breccia host. A revised resource estimation is anticipated in the December quarter. Results of Recent Drilling Upgrades Copper Targets The Paris deposit is situated at the margin of a highly prospective mineral system centred on the 2 x 4km Nankivel intrusive complex (Figures 1 & 2). Widely-spaced drilling in August (19 Reverse Circulation (RC) percussion holes totalling 3,515m; PPRC345 to 363) primarily investigated the skarn copper potential of the accessible western rim of the complex. All the assay and petrology results are now at hand and assessed. Although no immediate discovery intersections were made, intersections of zinc lead, anomalous copper and multiphase intrusives in the Nankivel West area enhance the copper skarn and porphyry potential of the adjacent Nankivel Hill area. The new drilling shows metal and mineral zoning along the Paris structural axis with increasing copper potential towards three large magnetic skarn targets and underlying porphyry potential at Nankivel Hill. As this area has been previously inaccessible to modern drilling, a heritage survey is currently underway to gain drill access to these targets. For drilling details, see Figures 1 & 2, Tables B-F, Figures 5-9 and Appendix 1. Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 1 ASX Release - IVR 20th October 2015 On-going silver, copper & nickel advances in the Paris District Broad intervals of anomalous zinc, lead or copper were intersected at Nankivel West, Helen West and Peterlumbo Hill (Figure 1) with the best intersections all coming from PPRC360 of 12m @ 1.28 % Zn, 3m @ 0.81% Pb and 9m @ 0.07% Cu. Petrology and intersections in the Nankivel West area show significant alteration and metal where the Nankivel Complex is intersected by the prospective structure extending from Paris. Zoning along the structure from silver at Paris to zinc lead copper at Nankivel West plus the multiphase intrusives intersected at Nankivel West provide further support for copper skarns and porphyry targets under the high sulphidation silica alunite topaz alteration in the Nankivel Hill area (Figure 1). Here, three high-priority skarn targets are already evident as magnetic anomalies larger in area than the previously reported skarn copper gold silver intersections at Helen that demonstrated the skarn copper potential around the Nankivel Rim (Figures 1 & 2). A full review of the drillhole geology and metal zoning is being undertaken to seek vectors to porphyry targets warranting further exploration definition. Drilling of the established skarn targets is proposed for early in 2016 after the heritage survey is finalised. Another area with porphyry potential is also now confirmed by the intersections of altered intrusives in a magnetically-interpreted intrusive complex adjacent to Peterlumbo Hill. This extended potential along the Paris structure was supported by the zinc intersection in strongly altered clay in hole PPRC359. Further testing along the structure at the Hector copper soil anomaly was inconclusive as the one hole failed to penetrate the loose alluvium cover. The Peterlumbo Hill and Hector areas are largely heritage cleared. Helen West Helen copper skarn Enlarged inset of Nankivel area Diomedes area nickel potential in basement (see Figure 2) Nankivel Rim to Intrusive complex Paris silver deposit intermediate sulphidation epithermal Altered monzogranite Priority magnetic skarn targets Nankivel West (also see Figure 2) Area currently being heritage surveyed for drill access also for porphyry copper potential Nankivel West multiphase intrusives intersected in new drilling, support porphyry copper potential Quartz monzodiorite Altered granodiorite Hector Cu soil anomaly & monzogranite Hole failed to penetrate alluvial cover Nankivel Hill high-sulphidation epithermal alteration Peterlumbo Hill new drilling confirms another magnetic-interpreted intrusive complex with copper potential Zinc intersection Trace copper sulphides identified in petrology Figure 1: Plan of the Paris-Nankivel-Peterlumbo Hill area showing the new drillhole collars and key results towards understanding the highly prospective minerals system extending along the interpreted northwest-southeast Paris structural axis shown as the dashed grey line. Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 2 ASX Release - IVR 20th October 2015 On-going silver, copper & nickel advances in the Paris District PPRC274 PPRC277 PPRC315 PPRC276 PPRC317 7408 Helen copper skarn PLAC006 Interpreted mafic/ultramafic enclave under cover PPRC308 PPRC308 Paris silver project PLAC011 Prospective magnetic anomalies Younger rhyodacite dyke Nankivel Hill Peterlumbo Hill Figure 2: Plan of the Paris-Nankivel-Diomedes area showing nickel soil anomalies and pre-2015 drill collars on an RTP TMI magnetic image. A. Holes previously reported with nickel or chromium intersections >0.1% are shown as larger white triangles. Holes with petrology describing prospective basement ultramafic geology are labelled in green. Holes PPRC277 & 308 with fresh trace sulphides including probable nickel sulphides have bold hole numbers. B. The priority magnetic targets for skarn copper are circled in red. Nickel Potential Enhanced The basement geology also offers significant metal potential. A previously reported review of 2011 and 2014 scout drilling in the Diomedes area recognised nickel intersections in nine widespread holes with initial petrology identifying an ultramafic host in one hole PPRC274 (Investigator ASX release: 7 August 2015; Figure 2). Additional consultant petrology was recently undertaken for other nickel anomalous holes and this expanded the extent of confirmed basement ultramafics (e.g. Photo 1) to another four holes in a 2 x 1km area. Traces of probable nickel sulphide (pentlandite) were recognised (Photo 2) with iron sulphide (pyrrhotite) and copper sulphide (chalcopyrite) in two holes PPRC277 & 308. Although some secondary nickel enrichment is usually expected at shallow depths, the presence of sulphides at 54m depth is very encouraging for nickel sulphide targets at Diomedes. Intersections in older drilling (with no petrological material available) and magnetics indicate the area of the prospective ultramafic enclave to be at least 4 x 8km. In the northern half of the enclave, soil geochemistry has delineated about 5 strike kilometres of nickel anomalies in which the majority of the scout drilling has intersected ultramafics and elevated nickel. Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 3 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District 20th October 2015 Shallow scout drilling of around 30m depth in 2011 (PLAC holes – Figure 2) also intersected nickel showing the southern half of the enclave is prospective under thin cover. The pyrrhotite and magnetic associations with the nickel mineralisation in the northern part of the enclave warrant particular investigation of two moderate-intensity magnetic anomalies in the covered south (Figure 2). The assessment is continuing with consideration being given to identifying soil anomalous and magnetic areas within the enclave for electromagnetic (EM) surveying and drilling in 2016. Photo 1: Microscope image (transmitted cross polarised light) showing a metamorphosed ultramafic rock from Diomedes. A preserved olivine grain (green centre) is fractured and replaced by magnetite (dark cracks) and is surrounded by pyroxene and tremolite with an aligned fabric. Drillhole PPRC276, 54-55m; Interval assayed 1,100ppm Ni 1 mm Photo 2: A more enlarged microscope image (reflected plane polarised light) of the same sample above showing fresh sulphides at shallow depth at Diomedes. The larger flesh coloured grain is iron sulphide pyrrhotite and the smaller brighter grains are likely to be nickel sulphide pentlandite. These sulphides are positive indicators of nickel -prospective ultramafics. The brighter coloured sulphides are nestled between the coarser mineral grains shown above but here these are dull grey due to poorer light reflection than the metallic sulphides. 0.05 mm Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 4 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District 20th October 2015 New Tenement Applications Investigator has recently applied for 4,273km2 of new exploration tenements in the southern Gawler Craton as a result of the Company’s recognition of a spectrum of Hiltaba (Olympic Dam) aged deposit styles in the Uno Province and a government research breakthrough with mapping of a possible geophysical corridor between Olympic Dam and the Uno Province. The Company closely monitors external research that can be converted into exploration opportunities. Investigator reacted rapidly to a recent breakthrough in magnetotelluric (MT) geophysical research by the University of Adelaide and the State Government (Thiel & Heinson, 26th IUGG General Assembly, Prague 27 June 2015) that may provide the awaited step change method of mapping buried mineral provinces across the country. Early roll out of this new MT technology in South Australia has indicated a deep geophysical corridor connecting the iconic Olympic Dam Iron Oxide Copper Gold (IOCG) province with the Uno Province (Figure 3). This not only supports our focus on the Uno Province, it also elevates the prospectivity of other segments of the corridor. Accordingly, Investigator has recently applied for substantial ground showing refreshed IOCG copper and new nickel potential under the new leading edge concepts. Figure 3: Summary plan of the southern Gawler Craton showing geology, regional concepts, key deposits and Investigator tenements including new applications The majority of the new applications are on the Stuart Shelf, long explored for base metal deposits like Mount Gunson in the sedimentary cover. The new MT corridor corresponds with the trail of cover deposits suggesting a fundamental metal source at about 35km depth that has continually mineralised the upper Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 5 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District 20th October 2015 crust over geological time (Figure 4). Although the cover deposits are prospective in their own right, the potential of the MT corridor re-invigorates the IOCG prospectivity of the base of the Gawler Range Volcanics. The classic IOCG deposits of Olympic Dam and Prominent Hill are now known to have formed at this level, the same geological position for Paris and the mooted porphyry targets in the Uno Province. A review is underway to assess the abundant cover drilling to project the likely depths to the IOCG target level and prioritise any geophysical anomalies in the area. Another tenement application named Fairfield was made near Kimba with the conceptual opportunity for nickel in the abundant Hiltaba mafic intrusives now being recognised across the Uno Province. A gravity high, magnetic low in the Fairfield area may represent a mafic body located in the new MT corridor. This is a separate nickel opportunity to the Diomedes-style basement ultramafics of likely Archaean age. The proximity of probable Archaean basement at 12 Mile within the Morgans tenement (Figure 3) may provide precursor nickel metal to the younger Hiltaba mafic intrusives. The Fairfield area is covered and will require geophysical work to advance the targets after grant. Figure 4: Schematic section of the MT corridor showing targeting concepts Prioritisation of Opportunities Investigator’s focus on the southern Gawler Craton is developing a spectrum of deposit styles and discovery opportunities (Table A) as described above. Investigator is maintaining a strong geological team to assess and develop these while leveraging the Company’s datasets and drill samples as a collaborative research platform. The first priority is the review of the Paris silver resource which is well advanced towards release before the end of the calendar year. Completion of the Nankivel heritage survey and assessment of porphyry vectors are in progress for drilling of must-do copper skarn and possible porphyry copper targets in early 2016. The proximity of Thurlga (under Joint Venture with Adelaide Resources Ltd) to Paris and the spectrum of targets including larger Imiter-style silver and nickel targets at both Thurlga and near Paris require parallel assessment towards Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 6 ASX Release - IVR 20th October 2015 On-going silver, copper & nickel advances in the Paris District 2016 drilling. The Diomedes nickel enclave may quickly achieve high-priority drill targets in 2016. Assessment of the regional nickel potential will be a longer on-going program. A preliminary desktop assessment of the Stuart Shelf IOCG opportunity is proceeding ahead of tenement grant. Table A: Summary of discovery opportunities within Investigator’s tenements & applications in the southern Gawler Craton Copper Gold Silver (Lead Zinc) Metals Prospect Basement Investigator Resources Ltd ABN 90 115 338 979 Current Action Interpreted Geological Setting Potential (* Reported on in this announcement) Paris silver deposit Epithermal: Intermediatesulphidation at base of volcanic pile Nankivel mineral system including Paris on margin Large epithermal field at thinly covered base Paris/Imiter-style silver; skarn lead-zinc of Gawler Range Volcanics Mapping & magnetic modelling for Imiterstyle silver targets* including in Thurlga Large Nankivel mineral system including Paris on periphery Central subvolcanic multi-phase intrusive complex Extensive lithocap including high-sulphidation epithermal alteration indicative of proximal porphyry environment Skarn copper & company-maker porphyry copper deposits Obtaining vectors to skarn & porphyry targets* from extensive scout drill dataset Heritage surveys * underway for drill access to upgraded copper targets Uno Provincei including ParisNankivel field Re-activated caldera margin with multiple epithermal subvolcanic fields Thurlga - extension of Paris-Nankivel field Wilcherry – Ajax diatreme Morgans – 12 Mile low-sulphidation veins & multiphase intrusives Geophysical (MT) Corridor Breakthrough connection of Olympic Dam IOCG corridor with Uno Province; Supported by remobilised copper & lead mineralisation in overlying cover Stuart Shelf: Revitalised IOCG targets above metal-source corridor & beneath trail of cover deposits Stand-alone silver project: Maiden 2013 Inferred Resource (20Moz) Resource review * in progress Finalising Thurlga soil targets Relogging Ajax scout holes Interpreting recent 12 Mile magnetic survey Large tenement application* Regional Multiple Hiltaba mafic Voisey’s Bay/Novaintrusives: style nickel newly recognised Reassessing regional Ni soil & magnetic/ gravity data including Thurlga area Fairfield tenement application* in MT corridor Diomedes Basement ultramafics with trace nickel sulphide in shallow scout holes Archaean nickel deposits in large Diomedes target area near Paris Target delineation:* Assessing past drilling, magnetic anomalies & EM targeting tactics Regional Other Archaean ultramafic enclaves in the Eyre Peninsula basement Kalgoorlie-aged nickel systems Reassessing regional Ni soil & magnetic/ gravity data including 12 Mile area Nickel Hiltaba (Olympic Dam age) igneous event with a spectrum of deposit styles Terrane Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 7 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District 20th October 2015 East West Petrology Moderately albite sericite chlorite altered monzogranite with trace pyrrhotite & chalcopyrite Trace chalcopyrite & sphalerite in sericite carbonate chlorite pyrite altered magnetite pyrrhotite calcsilicate Figure 5: Drillhole profile PPRC360 - Nankivel West Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 8 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District SW 20th October 2015 NE Trace chalcopyrite In highly sericite pyrite altered granitoid Trace sphalerite & chalcopyrite in moderately altered basement mafic rock Quartz monzodiorite Figure 6: Drillhole profile PPRC347 - Nankivel West Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 9 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District NE 20th October 2015 SW Trace chalcopyrite in sericite pyrite altered basement mafic rock Trace chalcopyrite in sericite carbonate pyrite altered & quartz pyrrhotite veined basement carbonaceous sediment Figure 7: Drillhole profile PPRC348 - Nankivel West Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 10 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District West 20th October 2015 East Figure 8: Drillhole profile PPRC356 – Helen West Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 11 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District 20th October 2015 Figure 9: Drillhole profile PPRC359 – Peterlumbo Hill Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 12 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District 20th October 2015 Table B: Summary of Zinc intersections from recent drilling in the Peterlumbo Tenement (Cut-off >0.1% Zn) Hole_ID PPRC347 PPRC348 PPRC353 PPRC356 PPRC357 PPRC359 PPRC360 PPRC363 From (m) 99 104 109 119 126 74 132 41 63 91 95 107 108 116 70 73 177 183 194 213 220 215 172 To (m) 102 105 110 122 129 75 133 61 89 92 104 110 109 117 71 74 178 184 209 218 228 227 173 Thickness (m) 3 1 1 3 3 1 1 20 26 1 9 3 1 1 1 1 1 1 15 5 8 12 1 Zinc (%) 0.41 0.13 0.11 0.48 0.12 0.13 0.20 0.19 0.37 0.10 0.31 0.16 0.11 0.72 0.17 0.10 0.12 0.11 0.39 1.16 0.37 1.28 0.18 All the assays are of one-metre un-composite samples. With the reporting of the assay results, no top-cuts were applied, but the following lower cut-offs were applied; 0.1% zinc, 0.1g/t gold, 0.1% copper and 0.1% lead. There was 1m maximum of internal dilution. Refer to Appendix 1 for ‘Table 1, Peterlumbo Tenement Reverse Circulating Drilling Results, Reporting September 2015 - JORC 2012’, information relating to the compliance of the 2012 edition of the JORC Code. This includes Section 1 - sampling Techniques and Data and Section 2 Reporting of Exploration Results. Table C: Summary of Gold intersections from the recent drilling in the Peterlumbo Tenement (Cut-off >0.1g/t Au) Hole_ID PPRC347 PPRC348 From (m) 171 52 59 65 To (m) 172 56 62 66 Thickness (m) 1 4 3 1 Gold (g/t) 0.11 0.30 0.28 0.12 Table D: Summary of Copper intersections from recent drilling in the Peterlumbo Tenement (Cut-off >0.05% Cu) Hole_ID PPRC356 PPRC360 From (m) 44 83 231 236 242 248 To (m) 45 84 232 240 245 257 Thickness (m) 1 1 1 4 3 9 Copper (%) 0.07 0.07 0.15 0.10 0.10 0.07 Table E: Summary of Lead intersections from recent drilling in the Peterlumbo Tenement (Cut-off >0.1% Pb) Hole_ID PPRC347 PPRC356 PPRC357 PPRC359 PPRC360 From (m) 119 84 99 116 203 209 214 218 223 Investigator Resources Ltd ABN 90 115 338 979 To (m) 121 85 100 117 206 211 227 221 226 Thickness (m) 2 1 1 1 3 2 13 3 3 Tel: + 61 7 3870 0357 www.investres.com.au Lead (%) 0.17 0.14 0.11 0.21 0.13 0.25 0.20 0.63 0.81 PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 13 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District 20th October 2015 Table F: Drilled collars for included holes Hole ID Area Easting Northing RL dtm (m) Total Depth (m) DIP TAZ PPRC345 PPRC346 PPRC347 PPRC348 PPRC349 PPRC350 PPRC351 PPRC352 PPRC353 PPRC354 PPRC355 PPRC356 PPRC357 PPRC358 PPRC359 PPRC360 PPRC361 PPRC362 PPRC363 Nankivel Nankivel Nankivel Nankivel Nankivel Nankivel Nankivel Nankivel Nankivel Nankivel Nankivel Nankivel Peterlumbo Hill Hector Peterlumbo Hill Nankivel Nankivel Nankivel Nankivel 596,738 596,649 596,013 595,880 595,749 595,880 595,891 595,810 595,478 594,993 595,056 595,711 605,473 610,308 604,987 596,105 595,763 595,461 596,133 6,386,681 6,386,410 6,386,267 6,386,531 6,387,208 6,387,879 6,388,104 6,387,860 6,388,447 6,389,055 6,388,803 6,389,372 6,383,878 6,381,996 6,383,663 6,386,360 6,386,930 6,388,017 6,388,510 182 184 186 189 183 173 171 173 171 166 167 164 204 171 217 184 188 175 171 180 192 270 162 180 192 198 222 180 168 180 198 174 72 228 258 102 120 240 -90 -90 -70 -70 -70 -70 -70 -70 -70 -70 -70 -70 -90 -90 -90 -70 -90 -90 -70 - Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR 35 215 90 270 270 270 215 90 270 270 270 320 Page 14 ASX Release - IVR On-going silver, copper & nickel advances in the Paris District 20th October 2015 For further information contact: Mr John Anderson Managing Director Investigator Resources Limited Phone: 07 3870 0357 Web: www.investres.com.au Investigator Resources overview Investigator Resources Limited (ASX code: IVR) is a metals explorer with a focus on the opportunities for greenfields silver-lead and copper-gold discoveries offered by the resurging minerals frontier of the southern Gawler Craton on South Australia’s northern Eyre and Yorke Peninsulas. The Company announced its maiden Inferred Mineral Resource for its 2011 Paris silver discovery of 5.9Mt at 110g/t silver and 0.6% lead, containing 20Moz silver and 38kt lead credit (at a 30g/t silver cutoff) in October 2013. Investigator Resources Limited has developed and applied a consistent and innovative strategy that defined multiple quality targets, including the Paris silver discovery and other epithermal fields within the Uno Province, giving Investigator first mover opportunities. The Paris mineralisation is considered to have formed at the same time as the Olympic Dam iron-oxide, copper, gold (“IOCG”) deposit and opens up new target potential for epithermal, porphyry, skarn and IOCG-style deposits in the southern Gawler Craton. This was demonstrated by the Helen copper, gold and silver intersection in late 2014. The conceptual potential for porphyry copper deposits near Paris remains valid as our 2015 geological and research work has advanced our understanding. Nickel potential is also now recognised in the associated mafic intrusives and in likely Archaean mafic rocks in the older basement geology. Competent Persons Statement The information in this report relating to exploration results is based on information compiled by Mr. John Anderson who is a full time employee of the company. Mr. Anderson is a member of the Australasian Institute of Mining and Metallurgy. Mr. Anderson has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Anderson consents to the inclusion in this report of the matters based on information in the form and context in which it appears. The information in this report that relates to Mineral Resources Estimates at the Paris Silver Project is extracted from the report entitled “Maiden Resource Estimate for Paris Silver Project, South Australia” dated 15 October 2013 and is available to view on the Company website www.investres.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. Investigator Resources Ltd ABN 90 115 338 979 Tel: + 61 7 3870 0357 www.investres.com.au PO Box 343, Toowong Q 4066 info@investres.com.au ASX code: IVR Page 15 On-going silver, copper & nickel advances in the Paris District 20th October 2015 ASX Release - IVR APPENDIX 1 TABLE 1: PETERLUMBO TENEMENT, REVERSE-CIRCULATING DRILLING RESULT REPORTING SEPTEMBER 2015 JORC 2012 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling techniques  Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling.  Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.  Aspects of the determination of mineralisation that are Material to the Public Report.  In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘RC drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.  Reverse-circulation (“RC”) drilling was undertaken with collection of drill cuttings on one-meter intervals.  RC sampling was initially undertaken on 3m composited intervals for first-pass geochemical analysis; however 1m un-composited samples were retained for future follow-up analysis over anomalous zones. Composites were spear sampled with a nominal 2kg sample size taken.  Follow up 1m sample interval analysis of anomalous zones was undertaken by riffle splitting of meter intervals to a nominal 2kg sample which was dispatched for geochemical analysis. Where clay and water issues reduced sample quality and ability to split, an interval was spear sampled with a similar volume sample dispatched for geochemical analysis.  Standards and duplicates were not routinely inserted in the initial 3m composite results program. Any resampling at 1m intervals routinely incorporates appropriate standards (1 standard every 25 samples) and duplicates (1 duplicate every 20 samples).  Each 1m drilled interval is qualitatively annotated with a sample quality based on weight and moisture content. Drilling techniques  Drill type (e.g. core, RC, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.).  Bullion Drilling were contracted to undertake RC drilling.  Drilling was completed using a face sampling 5 3/8inch (13.652cm) percussion hammer.  RC drilling was vertical and inclined (refer Table F for hole collar details). Hole azimuth and dip recordings were undertaken utilising a reflex downhole camera. Drill sample  Method of recording and assessing core and chi