Drilling Results Update – ‘Billeroo Prospect’- Curnamona Iron Ore Project

22 Apr 2013

Davis Tube Recovery(DTR) results show high iron grades up to 70.57% Fe, high mass recoveries up to 72.6%, and generally very low levels of silica, alumina, phosphorous and sulphur. The results are from representative RC drill samples which together with assay results from recent drilling at the ‘Billeroo Prospect’ support the coarse magnetite potential of the project.