com .

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Geoinformatics Enters into a Strategic Alliance Agreement with Resource Finance + Investments Limited in Tasmania Australia

gov.
Geoinformatics has long term relationships with some of the most
senior mining companies and provides a pipeline of exploration
resource projects to the mining community .

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We were very excited to learn that Kauai County and the state of Hawaii were
interested in sharing the cost to purchase this quality product for mapping
needs. Forward-looking
statements are frequently identified by such words as "may", "will",
"plan", "expect", "anticipate", "estimate", "intend" and similar words
referring to future events and results.

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The company's technical superiority and innovation , unparalleled
commitment to customer service, extensive business partner network and open
systems philosophy make DigitalGlobe the preferred supplier of imagery
products.au for further
information ). The licences will be returned
to Geoinformatics in the event of withdrawal prior to completion of
RFI's earn in.

1888 135

M.S. The DG DOQQ offers a two-foot resolution, georeferenced,
seamless digital image mosaic.digitalglobe. Under the terms of the Agreement, RFI can
earn a 75% interest in the Geoinformatics licences by sole funding of
exploration work up to completion of a pre-feasibility study.

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historically discovered

"

About DigitalGlobe
Longmont, Colo.

kiribati 1500

Towill, URS,
Dewberry, TerraPoint, Airborne1, and Sea Engineering, and provides flood
hazard engineering and mapping services to the U.
According to Stephanie Routh at joint venture partner Dewberry, "Two-foot
pixel resolution satellite imagery that meets FEMA base map specifications for
accuracy and distributability for Digital Floodplain Insurance Rate Mapping
(DFIRM) is a great tool. The solution is ideal for government and
commercial customer applications, including geographic information system
(GIS) updates, map creation and revision , emergency management, and natural
resource management. (TSX VENTURE:GXL)

This category holds sites related to Christmas Island, a dependent area of Australia in the Indian Ocean.

confused 1888

"
DigitalGlobe delivered to RMTC/URS a Digital Ortho Quarter Quad (DG DOQQ)
product. The
Geoinformatics Alliance means that RFI has the high momentum and
innovation of a junior explorer with the technical "horsepower" of a
major mining house.

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This
DOQQ includes coverage of the entire island of Kauai , as well as a buffer
around the island that illustrates bathymetric data, coral reef mapping and
other features. DigitalGlobe's imagery is a great utility.mrt.

Benefits of the Strategic Alliance

With respect to the Strategic Alliance, RFI states the following
in its Information Memorandum dated 2 May 2005: "The Geoinformatics
Process has a track record of success to date and has the potential to
be a major contributing factor to the success of RFI's exploration
programs in Tasmania.

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News Editors

TORONTO----Geoinformatics Exploration
Inc.

Construction of 3D Model over Tasmania

Geoinformatics was involved on behalf of the Tasmanian government,
in the construction of a comprehensive three dimensional geological
model and database over the whole of Tasmania, a land mass totaling
68,332 square kilometres.

Additionally Geoinformatics will receive 750 000 RFI shares and
250 000 RFI share options in three tranches linked to progress with
the MRVIP. An additional 100 000 RFI share options
will be issued to Geoinformatics for achievement of each of such
technical milestones on the ground around the old Hellyer mine. The Alliance enables RFI to assimilate and
utilise the large amounts of geoscientific data available over the
MRVIP and surrounding areas quickly and then to apply sophisticated
multi-data set processing techniques for assessment of the
mineralisation potential and target generation.

This news release includes certain forward-looking statements
concerning the future performance of our business, its operations and
its financial performance and condition, as well as management's
objectives, strategies, beliefs and intentions.

factbook phosphate

Imagery Supports Improved Digital Floodplain Insurance Rate Mapping (DFIRM)
Projects in Hawaii

LONGMONT, Colo. RMTC/URS is a joint venture of R. We assume no obligation to
revise or update these forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

annexed malay

In this case, RMTC/URS, Kauai County, and the State of Hawaii shared
the cost to purchase the four-band multispectral, pan-sharpened imagery. The company's updated
and growing ImageLibrary contains over one hundred million square kilometers
of global imagery for countless mapping and planning needs . ("Geoinformatics or the" Company") (TSX VENTURE:GXL) is pleased
to announce that it has entered into a Strategic Alliance Agreement
with Resource Finance + Investments Limited ("RFI"), an unlisted
Australian company which is planning to go public later in the year. This
MRVIP will take about nine months to complete. The options are exercisable until 31 December 2007 at
Aus$0.

Christmas Island was discovered and named on Christmas Day in 1643.

Historically, much of Christmas Island 's economy was driven by phosphate mines, but tourism is increasing rapidly.

The largest ethnic groups are Chinese, Malay, and European, respectively.

135 kilometers

DigitalGlobe Provides Satellite Imagery of Kauai County for Floodplain Mapping

DigitalGlobe's satellite imagery gives local, state
and federal agencies access to much-needed data over regions of Hawaii that
historically have been challenged by terrain and topography, and allows us to
make a better DFIRM product for the communities. The MRVIP will deliver
a series of high quality targets from extensional exploration in the
Hellyer corridor to more regional targets on Alliance held ground."

The Agreement is conditional on the transfer to RFI of a 75%
interest in the Geoinformatics licences. Forward-looking statements are
based on the current opinions and expectations of management.

factbook mines

Department of Homeland
Security's Federal Emergency Management Agency (FEMA). Geological Survey (USGS)
DOQQs for their imagery needs.S.-based DigitalGlobe (http://www.
Geoinformatics will also receive 150 000 RFI shares.

phosphate discovered

The product allows Kauai County to now begin a full GIS
program that will benefit local, state and federal agencies alike. Actual events or results may differ materially from
those projected in the forward looking -statements and we caution
against placing undue reliance thereon.

The population in 2001 was 2,771 .

mines factbook

DigitalGlobe's imagery
of Kauai County and the infamously rainy Waimea Canyon will allow local , state
and federal entities to more effectively pursue flood plain mapping projects
and disaster mitigation initiatives. Comprised of QuickBird satellite imagery, the DG DOQQ provides the
best quality imagery at the highest resolution, making it an up-to-date tool
for regional mapping projects , especially in more remote areas such as the
Pacific Islands. Through the expertise
of Geoinformatics , RFI will effectively have the support and
involvement of approximately 25 highly experienced and qualified
geoscientists and technical support staff as Alliance partners.

factbook discovered

tas.25.

kilometers mines

All
forward-looking information is inherently uncertain and subject to a
variety of assumptions, risks and uncertainties, including the
speculative nature of mineral exploration and development, fluctuating
commodity prices, competitive risks and the availability of financing,
as described in more detail in our recent securities filings available
at www.

This should not be confused with another Christmas Island which is part of Kiribati's Line Islands Group in the Pacific Ocean.

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DigitalGlobe is a registered trademark of DigitalGlobe Inc.

historically malay

DigitalGlobe's QuickBird satellite is the world's highest
resolution commercial imaging satellite, and the company will launch its
next-generation WorldView satellite no later than 2006. A key feature of that model is that it shows
east-west cross sections at 10km intervals throughout Tasmania and 5
km intervals in the highly prospective Mt Read Volcanics Belt.

Exploration Joint Venture and Area of Mutual Interest

RFI has also assembled attractive ground holdings in the Mt Read
Volcanics Belt including a large package of ground focused on the old
Hellyer and Que River mines.

factbook rapidly

, DigitalGlobe(R) announced that
RMTC/URS, along with Kauai County and the State of Hawaii, has purchased
high-resolution DigitalGlobe's QuickBird satellite imagery for more effective
digital mapping in Hawaii.S.sedar.

increasing confused

According to Ray Lenaburg, senior engineer at FEMA Region IX, "The absence
of distributable, available imagery has been a hindrance in flood mapping
projects in this area in the past. territories in the Pacific.

The Mt Read Volcanics Intervention Project

Once listed, RFI has agreed to fund the Mt Read Volcanics
Intervention Project ("MRVIP") utilizing the Geoinformatics Process
over an Area of Mutual Interest in Tasmania which will incorporate the
Geoinformatics licences and those held by or under JV with RFI.

Geoinformatics is a global exploration company focused on the
resources industry that exchanges intellectual capital for equity.

Geoinformatics Exploration Inc.

sovereignty transnational

Many mapping experts traditionally rely on U. We look forward to using more DigitalGlobe products for DFIRM projects
for the Hawaiian Islands and other U. Geoinformatics will also be entitled to receive up to a
further five million RFI shares for the achievement of technical
milestones based on multiples of ounces of gold or gold equivalent
discovered and defined to an agreed confidence level within ten years
of commencement of the MRVIP .

The United Kingdom annexed and began settlement in 1888, and subsequently transferred sovereignty over the island to Australia in 1958.

135 malay

The DG DOQQ differs from the USGS DOQQ in that
it has a higher resolution, more image options and multiple projection
options.com) is the clear
leader in the global commercial Earth imagery and geospatial information
market. This
model, together with a systematic compilation of exploration data by
the Tasmanian Government, provided the basis for mineral exploration
targeting by Geoinformatics. After a moratorium agreed with the
Tasmanian Government had elapsed, Geoinformatics applied for nine
exploration licences in the Mt Read Volcanics Belt which has been host
to world class base metal and gold mines such as Rosebery (currently
being mined by Zinifex Limited), Hellyer, Mt Lyell and Que River (see
the Mineral Resources Tasmania website www.

Christmas Island is just 135 square kilometers, located 300 kilometres south of Indonesia and over 1500 kilometres northwest of Australia in the Indian Ocean.