TIDMLRL 
 
RNS Number : 6083M 
Leyshon Resources Limited 
02 February 2009 
 

 
 
 
 
30 January 2009 
DECEMBER 2008 QUARTERLY REPORT 
 
 
 
 
Leyshon Resources Limited (AIM/ASX: LRL) makes the following announcement in 
relation to activities during the December Quarter. 
 
 
As previously reported the Company has deferred all major expenditure on the 
Zheng Guang gold project ("the Project") located in Heilongjiang northern China 
until after the winter. All relevant personnel have been demobilised during this 
period. The planned recommencement of site based activities in April 2009 is 
subject to the completion of the necessary approvals and funding arrangements. 
 
 
The Company's policy of full engagement with the local community is bearing 
fruit as negotiations with local farmers and other affected parties for land 
acquisition have been completed. The Land Acquisition Plan is now before the 
Department of Land and Resources and is expected to be approved after Chinese 
New Year. This is the final approval required ahead of Project Registration and 
the issue of the Mining Licence, both of which are expected in 2009. 
 
 
The Company is considering various options to fund the development of the 
Project. Whilst there remains interest to fund the Project when all necessary 
approvals have been completed, there can be no guarantee in the current 
environment that financing can be finalised on terms that would be attractive to 
the Company. Accordingly the Company is investigating other avenues to realise 
value from the Project. 
 
 
The Company has received a number of approaches regarding the potential sale of 
its interest in the Project and has progressed these parties under 
confidentiality agreement. 
 
 
The Company had A$5.7 million cash on hand at the end of the quarter and has 
further reduced its monthly outgoings to less than A$175,000 per month. 
 
 
For further information contact: 
 
 
Leyshon Resources Limited 
Paul Atherley - Managing Director 
Tel: +86 137 1800 1914 
 
 
Seymour Pierce 
Jonathan Wright 
Tel: +44 (0)207 107 8000 
 
 
http://www.leyshonresources.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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