Activities report

Berkeley Resources Limited
30 April 2008


                          Quarterly Activities Report

                             For the Quarter Ended

                                 31 March 2008


Key Developments


•  A scoping study prepared by AMC Consultants confirmed the potential for
   mining at Salamanca I, forecasting 12.1m lb of U3O8 production over 10 years at
   a cash cost of US$25/lb.


•  Interpreted results for the aerial survey completed over the Salamanca
   I, Salamanca II and Caceres VI areas in the December quarter highlighted the
   exploration potential of these tenements and generated a significant number 
   of strong anomalies.

                                                                                                    

•  Drilling at the enlarged Zona 7 anomaly within Salamanca I extended the 
   strike of mineralisation to over 1.5km and will result in significant 
   additional resources.



•  Wide-spaced drilling at Santidad, confirmed that the mineralised zone
   extends for another 3.5km to the north-west of the Santidad deposit.



•  Results from initial ground work and historic data reviews at the Mina
   Cristina project indicate strong potential for more extensive uranium
   mineralisation.



•  Initial drilling results at the Gambuta project showed extensive,
   shallow uranium mineralisation.



•  Initial drilling at Barquilla (Salamanca II Project) encounters near
   surface mineralisation in a number of holes.


Enquiries - Managing Director:  Matt  Syme     Telephone: [phone]
                                               Email: [e-mail]

RBC Capital Markets             Martin Eales   Telephone [phone]

Scoping Study

A Scoping Study, prepared by AMC Consultants, was completed in February,
confirming the potential economic viability of mining at the Salamanca I
project.



The Study, which is based only upon the project's previously announced JORC
inferred and indicated resources of 16.9m lb of U3O8, includes the following
conclusions:


•   Potential production of approximately 12.1m lb U3O8 over 10 years.

•   Average cash operating costs of US$25 per lb of U3O8

•   Initial capital costs totalling US$109m for a plant rated to process
    1.5mtpa. The plant design has been scaled to allow for potential future
    additional resources

•   Legal review confirms no impediments to mining

•   Environmental review confirms no foreseeable major impediments to mining

•   Good potential to improve financial and operating parameters in a
    number of areas, including utilising truck or radiometric sorting


The details of further testwork, including radiometric sorting, crushing and
comminution studies are being finalised. Completion of this work, and the
resultant outcomes, will determine planning for a feasibility study.


See the announcement dated 14 February 2008 for further details.


EXPLORATION



Salamanca I

A helicopter-borne survey was flown over the Salamanca I area in December 2007,
with results processed and interpreted in January 2008 (see announcement dated 5
February 2008).

The area flown includes the Retortillo, Santidad and Zona 7 uranium deposits and
also the Mina Caridad and Mina Cristina areas, where previous trial uranium
mining by Spanish government entities was undertaken. The survey was limited to
target lithologies with potential for hosting economic mineralisation.

The strong radiometric anomalies associated with the Retortillo, Santidad and
Zona 7 uranium deposits, and also the historic Cristina and Caridad mines,
extend well beyond previously known mineralisation. A program of initial testing
of the extended Zona 7 anomaly and the Cristina and Caridad anomalies was
commenced with 30 reverse circulation ('RC') holes totalling 670m completed at
Zona 7 during the quarter.

Zona 7

The main radiometric anomaly at Zona 7 is approximately 2.5km long and up to
500m wide. Berkeley drilled 7 diamond holes in the area in 2007 to confirm the
results of 71 diamond drill holes drilled by government entities (JEN) in the
1960's. Results from the previous Berkeley holes included:

Hole Z7-001                8.5metres @ 0.284% U3O8    from 0.0m

Hole Z7-007                8.95metres @ 0.063% U3O8   from 2.0m   and

                           9.5metres @ 0.183% U3O8 from 14.8m

A small (1m lb) resource was previously calculated around hole Z7-001, based on
this hole and historical results.

Drilling in the quarter extended the strike length of the mineralisation to
approximately 1.5km. It remains open to the north and south-west.

Notable RC intersections (at an assay cut off grade of 200ppm U3O8) include:


Hole ZN7R-010          3.0 metres @ 0.117% U3O8 from 16.0m

Hole ZN7R-019          1.0 metre @ 0.080% U3O8 from 6.0m

                       1.0 metre @ 0.034% U3O8 from 12.0m

                       1.0 metre @ 0.079% U3O8 from 25.0m and

                       2.0 metres @ 0.038% U3O8 from 37.0.0m

Hole ZN7R-022          2.0 metres @ 0.063% U3O8 from 14.0m

                       1.0 metre @ 0.046% U3O8 from 24.0m

                       3.0 metres @ 0.071% U3O8 from 25.0m

Hole ZN7R-023          2.0 metres @ 0.081% U3O8 from 23.0m

Hole ZN7R-026          3.0 metres @ 0.084% U3O8 from 15.0m

                       11.0 metres @ 0.049% U3O8 from 23.0m

                       11.0 metres @ 0.066% U3O8 from 40.0m

Hole ZN7R-027          1.0 metres @ 0.041% U3O8 from 39.0m

                       3.0 metres @ 0.030% U3O8 from 49.0m

Hole ZN7R-030          2.0 metres @ 0.037% U3O8 from 47.0m


The mineralised host rock is a thermally altered package of Pre-Cambrian to
Cambrian meta-sediments.  A group of muddy shales with thick conglomerates /
quartz pebble horizons form the southern footwall to the mineralised sequence.
Similar stratigraphy has been identified at both Caridad, 2.5km to the
southeast, and at Cristina, 2km to the northeast. Work is continuing to
determine the stratigraphic relationships between these three areas,
particularly in relation to the possible continuity of both stratigraphy and
radiometric anomalies between Zona 7 and Cristina.

Geological mapping indicates that the Zona 7 eastern limb is parallel to the
main S1 cleavage, whilst the western arm appears to be coincident with a
re-orientation of the S1 cleavage in to a more NNE-SSW orientation. The nature
of this re-orientation is likely to be due to late Hercynian adjustments,
through folding, faulting, or Alpine tectonics.

The initial results from Zona 7 suggest irregular distribution of structurally
controlled veins and pods of high grade mineralisation. However, the principal
structural controls are not yet understood. Potential northern extensions of the
mineralisation will be tested in the next quarter.

The radiometric anomaly at Zona 7 appears to be part of a larger northeast
trending regional anomaly which parallels the granite contact to the west.
Topographic modelling indicates a strong relationship between the distribution
and nature of these anomalies and topography, particularly between Zona 7 and
Cristina. This relationship has been previously recognised at Retortillo, and
therefore similar geological processes of mineralisation are indicated. A strong
radiometric anomaly extends over approximately 4kms from Zona 7 to Cristina and
historic data (diamond and percussion drilling, trenching and a small shaft),
and outcrop indicate widespread, near surface mineralisation within the Cristina
anomaly. Drilling will commence shortly.

Santidad

Drilling at Santidad comprised 59 reverse circulation holes totalling 3,679.9 m
and 7 diamond drill holes totalling 537.6m.

This drilling was designed to test for:

1.       potential extensions of the Santidad stratigraphy beneath tertiary
cover to the north-west of the Santidad deposit (see aerial survey announcement
dated 5 February 2008), and

2.       a potential parallel structure to the north of the Santidad deposit,
indicated by previous positive drill results and the aeromagnetic and
radiometric survey.

Two lines of reverse circulation drillholes, 2.4 km apart (profiles 166E and
262E), were drilled to test the full width of the Santidad stratigraphy.

Notable intersections (at an assay cut off grade of 200ppm U3O8) include:

Hole SAN-144             1.0 metre @ 0.056% U3O8 from 30.0m

                         2.0 metres @ 0.051% U3O8 from 34.0m

                         1.0 metre @ 0.074% U3O8 from 51.5m and

                         5.0 metres @ 0.039% U3O8 from 59.0m

Hole SAN-156             10.7 metres @ 0.034% U3O8 from 13m

                         3.3 metres @ 0.056% U3O8 from 26.0m and

                         5.6 metres @ 0.036% U3O8 from 30.5m

Hole SAN-167             6.1 metres @ 0.034% U3O8 from 18.9m

                         7.8 metre @ 0.062% U3O8 from 59.2m

Hole SANR-192            2.0 metres @ 0.063% U3O8 from 38.0m

                         1.0 metre @ 0.068% U3O8 from 58.0m



While results seem to have limited the potential of the northern radiometric
target (-262E), mineralisation of similar grade to the Santidad inferred
resource (382ppm U3O8 at a cut off grade of 200ppm U3O8) has been recorded in
several holes up to 3.5km from the main Santidad orebody (Hole SANR-192 on
Profile 262E), emphasizing the extent of the mineralized system.

Having confirmed continuity of the Santidad stratigraphy and mineralisation to
almost  the western granite contact, further drilling is required to test the
2.4km gap between profiles -166E and -262E.

Salamanca II

Berkeley also completed interpretation of a 1,122 line kilometre helicopter
survey over the main areas of the Company's Salamanca II project. This area lies
between and around a number of uranium State Reserves (not the property of the
Company) which include the Fe Mine area, and the Alameda and Esperanza deposits.

Seven diamond drill holes totalling 331.2m were drilled in the Barquilla license
to test a number of radiometric anomalies.

Notable intersections (at an assay cut off grade of 200ppm U3O8) include:

Hole BAR 002                       5.3 metres @ 0.095% U3O8 from 2.5m

Hole BAR 003                       2.0 metres @ 0.023%U3O8 from 1.0m

Hole BAR 005                       4.0 metres @ 0.038%U3O8 from 0.0m

Mineralisation comprises surface accumulations above the redox zone within a
thin zone of clay and weathered rock derived from the insitu weathering of the
underlying basement. Uranium concentrations have a strong association with iron
oxides developed in fractures in the oxide zone and the potential for a
significant resource from this style of mineralisation is considered low.
Further mapping and the use of other geophysical technologies is now required to
assist in defining new exploration targets for larger areas of structurally
controlled mineralisation, similar to that at the Mine Fe mine, to the
southeast.

Caceres VI Project

Diamond and Reverse Circulation drill testing of historic prospects and new
radiometric anomalies at the Gambuta and Ojaranzo projects commenced and will
continue until the end of May 2008, when fire restrictions will preclude access.

Gambuta

Four diamond drill holes totalling 314.3m were completed within a north east
trending area of Precambrian phyllites measuring  900m by 400m, to clarify
results from roto-percussion drilling undertaken by CISA (a joint venture
between COGEMA (now Areva) and ENUSA) in the 1990's.

 All four holes intersected significant near surface uranium mineralisation, and
notable intersections (at an assay cut off grade of 200ppm U3O8) include:

Hole GAM 001               8.0 metres @ 0.059% U3O8 from surface

Hole GAM 002               12.5 metres @ 0.074% U3O8 from surface, and

                           4.0 metres @ 0.100% U3O8 from 28.0m

Hole GAM 003               3.0 metres @ 0.028% U3O8 from 8.0m

                           4.0 metres @ 0.036% U3O8 from 12.0m

                           3.2 metres @ 0.054% U3O8 from 25.0m, and

                           6.5 metres @ 0.056% U3O8 from 29.5m

Hole GAM 004               17.7metres @ 0.029% U3O8 from 11.5m, including

                           7.0 metres @ 0.043% U3O8 from 14.5m

These very encouraging results confirm the presence of extensive near surface
uranium mineralisation, at potentially economic grades, and validate the down
hole radiometric information available for the 21 positive holes drilled by CISA
(out of a total of 24 holes drilled) in the early 1990's.

Within the target area, previously untested zones contain a high potential for
the discovery of 'blind' mineralisation beneath Tertiary cover, both within the
drilled area and along strike to the northwest where the deposit remains open.



Three styles of mineralisation have been recognised:

1.       High level secondary mineralisation located in the oxide zone, often in
fractures.

2.       Quartz sulphide mineralisation below the redox zone, within structures
and possible shear zones.

3.       As 'disseminations' within the phyllite package.

A reverse circulation drilling program to test for mineralisation beneath the
Tertiary cover and to better define the extent and tenor of the known
mineralisation commenced in April, 2008.

Ojaranzo Prospect

A short program of diamond drilling to confirm positive historical results for
the Ojaranzo prospect commenced in April. Ground radiometrics and geological
mapping have confirmed the radiometric anomalies generated by the aerial survey
and located secondary uranium minerals within the Precambrian phyllites.




The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on
information compiled by Mr Peter Ellis, who is a Member of The Australian Institute of Geoscientists and an employee of
Berkeley Resources Limited. Mr Ellis has sufficient experience which is relevant to the style of mineralisation and
type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as
defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore
Reserves'. Mr Ellis consents to the inclusion in the report of the matters based on his information in the form and
context in which it appears.

                          Positive Results from Zona 7 Drilling (31.03.08)

   HOLE ID      UTM     UTM North      RL      Inclination    End of     Minimum Intersections  >
                East                                           Hole             200ppm U3O8
               metres     metres     metres      Degrees      metres    From    To    Int   U3O8 (%)
                                                                                      (m)


   Z7-001        714962    4528727    728          -90        100.20    0.00   8.50   8.50   0.2841
   Z7-002        715555    4528530    718          -90        84.65    31.10  32.10   1.00   0.0242
   Z7-004        714860    4528709    733          -90        49.15     7.20   8.60   1.40   0.0421
                                                                       10.65  11.90   1.25   0.0284
   Z7-005        715043    4528750    725          -90        60.10     4.11   5.65   1.54   0.0338
                                                                       10.60  12.00   1.40   0.0285
   Z7-007        715432    4528570    724          -90        61.10     2.00  10.95   8.95   0.0630
                                                                       14.85  24.40   9.45   0.1830
  ZN7R-010       715470    4528514    719          -90         70.0    16.00  19.00   3.00   0.1174
  ZN7R-019       714698    4528500    718          -90         56.0     6.00   7.00   1.00   0.0801
                                                                       12.00  13.00   1.00   0.0345
                                                                       25.00  26.00   1.00   0.0790
                                                                       37.00  39.00   2.00   0.0386
  ZN7R-020       714745    4528477    722          -90         50.0    17.00  20.00   3.00   0.0268
                                                                       21.00  23.00   2.00   0.0395
  ZN7R-021       714656    4528524    716          -90         50.0    35.00  36.00   1.00   0.0309
                                                                       42.00  43.00   1.00   0.0360
  ZN7R-022       714786    4528450    726          -90         50.0    14.00  16.00   2.00   0.0636
                                                                       23.00  24.00   1.00   0.0465
                                                                       25.00  28.00   3.00   0.0709
  ZN7R-023       714614    4528545    715          -90         50.0    23.00  25.00   2.00   0.0814
  ZN7R-026       714431    4528303    723          -90         70.0     5.00   7.00   2.00   0.0270
                                                                       12.00  13.00   1.00   0.0217
                                                                       15.00  18.00   3.00   0.0836
                                                                       21.00  22.00   1.00   0.0213
                                                                       23.00  34.00  11.00   0.0485
                                                                       23.00  30.00   7.00   0.0679
                                                                       40.00  51.00  11.00   0.0664
  ZN7R-027       714476    4528277    723          -90         65.0    26.00  27.00   1.00   0.0200
                                                                       39.00  40.00   1.00   0.0414
                                                                       43.00  44.00   1.00   0.0309
                                                                       49.00  52.00   3.00   0.0300
  ZN7R-028       714517    4528251    725          -90         60.0    Radiometrically Anomalous -
                                                                       Awaiting Assays
  ZN7R-030       714828    4528428    724          -90         65.0     3.00   4.00   1.00   0.0242
                                                                        9.00  10.00   1.00   0.0200
                                                                       47.00  49.00   2.00   0.0374
  ZN7R-032       715181    4528749    701          -90         70.0    Radiometrically Anomalous -
                                                                       Awaiting Assays
  ZN7R-033       715172    4528714    704          -90         50.0    Radiometrically Anomalous -
                                                                       Awaiting Assays
  ZN7R-034       715153    4528661    711          -90         50.0    Radiometrically Anomalous -
                                                                       Awaiting Assays
  ZN7R-036       715317    4528690    697          -90         60.0    Radiometrically Anomalous -
                                                                       Awaiting Assays


NOTE: All assays are by Delayed Nuetron Count by Actlabs and only results for positive holes are shown


                              Positive Results from Santidad Drilling (31.03.08)

HOLE ID       UTM     UTM North     RL      Inclination   End of Hole    Minimum Intersections  > 200ppm U3O8
              East
             metres     metres    metres      Degrees       metres       From       To      Int (m)   U3O8 (%)

SAN-144        715757    4523364       752      -90          95.35     17.00     22.00     5.00        0.0564
                                                                       24.00     27.00     3.00        0.0229
                                                                       28.00     29.00     1.00        0.0251
                                                                       30.00     31.00     1.00        0.0555
                                                                       34.00     36.00     2.00        0.0511
                                                                       51.50     52.50     1.00        0.0745
                                                                       59.00     64.00     5.00        0.0392
SANR-153       714753    4524019       800      -90          60.00     56.00     57.00     1.00        0.0246
SANR-155       714706    4523942       805      -90          85.00     57.00     60.00     3.00        0.0264
SAN-156        716530    4522702       762      -90          61.15     13.00     23.65     10.65       0.0337
                                                                       26.00     29.35     3.35        0.0558
                                                                       30.45     36.00     5.55        0.0364
SAN-167        715910    4523244       729      -90         102.45     18.89     24.98     6.09        0.0344
                                                                       59.20     67.00     7.80        0.0622
SANR-169       716273    4523379       732      -90          51.00     29.00     30.00     1.00        0.0284
SANR-170       716284    4523412       737      -90          60.00     4.00      5.00      1.00        0.0241
SANR-182       715980    4522923       762      -90          50.00     29.00     32.00     3.00        0.0267
SAN-185        715837    4523169       732      -90         100.20     54.90     56.10     1.20        0.0251
SANR-192       712859    4525593       781      -90          85.00     38.00     40.00     2.00        0.0636
                                                                       58.00     59.00     1.00        0.0685
                                                                       69.00     71.00     2.00        0.0462
                                                                       75.00     76.00     1.00        0.0298
SANR-194       712805    4525487       785      -90          80.00     40.00     41.00     1.00        0.0237
SANR-199       712682    4525272       797      -90          70.00     60.00     61.00     1.00        0.0429
SANR-200       712660    4525230       800      -90          70.00     46.00     47.00     1.00        0.0205


NOTE: All assays are by Delayed Nuetron Count by Actlabs and only results for positive holes are shown



                             Positive Results from Barquilla Drilling  (31.03.08)

  HOLE ID     UTM      UTM North      RL      Inclination    Recovery    End of   Minimum Intersections  >
              East                                                        Hole    200ppm U3O8
             metres      metres     metres      Degrees         %        metres   From   To     Int    U3O8 (%)
                                                                                                (m)

  BAR-002     692,373    4,509,353  697.394       -90          90.8       50.2     2.50   7.80   5.30   0.0954
  BAR-003     693,307    4,509,052  715.246       -90         93.71       60.3     1.00   3.00   2.00   0.0233
  BAR-005     691,844    4,507,657  713.818       -90         95.76       54.0     0.00   4.00   4.00   0.0380
  BAR-006     693,259    4,509,198  711.774       -90         97.64       51.3     2.50   3.00   0.50   0.0288
  BAR-007     692,578    4,508,591  701.885       -90         92.48       25.3    Radiometrically Anomalous -
                                                                                  Awaiting Assays


NOTE: All assays are by Delayed Nuetron Count by Actlabs and only results for positive holes are shown



                                  Positive Results from Gambuta Drilling (31.03.08)

 HOLE ID   UTM     UTM North     RL    Inclination  Recovery   End of   Minimum Intersections  >
            East                                                Hole           200ppm U3O8
           metres    metres    metres    Degrees       %       metres  From   To    Int   U3O8 (%)
                                                                                    (m)

 GAM-001  291,730   4,404,118   387    -60 to 000    97.09     103.00   0.00  8.00   8.00  0.0586
                                                                       10.00 11.00   1.00  0.0218
                                                                       19.00 20.00   1.00  0.0512
                                                                       34.00 35.50   1.50  0.0301
                                                                       37.50 38.50   1.00  0.0389
                                                                       45.00 46.00   1.00  0.0768
                                                                       55.00 56.00   1.00  0.0543
                                                                       58.50 59.50   1.00  0.0338
 GAM-002  292,381   4,403,899   369    -60 to 000    96.36%    85.00    0.00 12.50  12.50  0.0741
                                                                       21.50 22.50   1.00  0.0312
                                                                       24.00 25.00   1.00  0.0394
                                                                       28.00 32.00   4.00  0.0997
                                                                       34.50 35.50   1.00  0.0340
 GAM-003   292,368  4,403,827   353    -80 to 000    85.28%    64.60    8.00 11.00   3.00  0.0281
                                                                       12.00 16.00   4.00  0.0359
                                                                       20.50 22.50   2.00  0.0340
                                                                       23.30 24.20   1.00  0.0707
                                                                       25.00 28.20   3.20  0.0540
                                                                       29.50 36.00   6.50  0.0561
 GAM-004   292,368  4,403,828   353    -70 to 180    97.41%    61.70   11.50 12.30   0.80  0.0218
                                                                       14.50 21.50   7.00  0.0431
                                                                       22.50 23.50   1.00  0.0397
                                                                       24.50 25.50   1.00  0.0531
                                                                       27.00 29.20   2.20  0.0256
                                                                       34.00 35.00   1.00  0.0285
 GAM-005   292,368  4,403,827   353    -80 to 000    98.06%    36.00    7.50 36.00  28.50  0.0451
                                                                        7.50 10.50   3.00  0.0218
                                                                       13.80 36.00  22.20  0.0541

NOTE: All assays are by Delayed Nuetron Count by Actlabs and only results for positive holes are shown


                      This information is provided by RNS
            The company news service from the London Stock Exchange