TIDMLRL 
 
RNS Number : 8357K 
Leyshon Resources Limited 
27 April 2010 
 

 
 
27 April 2010 
 
                          MARCH 2010 QUARTERLY REPORT 
 
Leyshon Resources Limited (AIM/ASX: LRL) (Company) announces that during the 
quarter it continues to review and, in some cases, has undertaken due diligence 
or is continuing to undertake due diligence, on a number of project investment 
opportunities, some of which have the potential to meet the Company's investment 
criteria. 
 
As previously stated, the Company remains alive to possibilities both 
internationally and within China and it is currently focusing on coking coal and 
iron ore opportunities in Northern China and Southern Mongolia. In light of the 
increasing forecast demand for all types of coal into China over the next ten 
years, the focus has been extended to include those projects that have the 
potential to produce high grade thermal coal as well as coking coal products. 
 
As advised, in some cases the Company is undertaking detailed due diligence on 
several projects and in the case of one coal exploration project in Southern 
Mongolia the due diligence has progressed to the point of advanced discussions. 
 
The Southern Mongolian asset is in an area which the Company considers to be 
highly prospective for semi soft coking and high energy thermal coal, and is 
close to relevant infrastructure. The discussions centre on the basis upon which 
the Company can secure the exclusive right to undertake detailed due diligence 
which will include drilling, sampling and coal quality testing to enable it to 
form a view whether to proceed to a full investment by acquiring a controlling 
interest and commencing a resource delineation programme. 
 
The Company is also actively undertaking detailed due diligence on other assets 
in Southern Mongolia and in particular a coking coal asset in Western China 
which the Company believes will benefit from the rapid rail infrastructure 
development and the national policy of developing Western China. 
 
The Company can give no assurance that these due diligence investigations and/or 
discussions will successfully conclude in an acquisition, including the right to 
undertake further due diligence, on the Southern Mongolian asset and the coking 
coal asset in Western China. 
 
The Company remains diligent in its assessment of assets at all times and is 
therefore prepared to commit significant expenditure on due diligence and other 
studies before committing to a transaction. 
 
During the quarter the Company completed its assessment of the QHD Iron Mountain 
project and has determined that the project does not meet the Company's 
investment criteria and has withdrawn from the project. 
 
During the quarter the Company acquired 2,165,098 shares in the buy back 
programme. Whilst the Company's shares are trading around or above the net cash 
backing there are no plans to make any further purchases in the near term. 
 
At quarter end, the company has $47.3 million in cash, equivalent to 21.9 cents 
per share and 13.1 pence per share, mainly held on interest bearing deposit in 
Australian dollars. 
 
For further information contact: 
 
Leyshon Resources Limited 
Paul Atherley - Managing Director 
Tel: +86 137 1800 1914 
patherley@leyshonresources.com 
 
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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