ASX ANNOUNCEMENT: HIGH GRADE GRAPHITE RESULTS UP TO 29.9% TGC 18 June 2012 The Directors of Kibaran Nickel Limited (ASX:KNL) (“Company”) are pleased to provide the following Total Graphitic Carbon (“TGC”) analytical results from a sampling programme undertaken by Tanzgraphite Pty Ltd (“TGP”) as reported in ASX announcement dated 31 May 2012. KEY HIGHLIGHTS; ? A total of 26 rock chip samples from the Mahenge Graphite Project submitted to SGS, Johannesburg, for total graphite carbon analysis has returned results ranging up to 29.9 % TGC and averaging 14.9 % TGC (refer table 1). ? Result is high grade and compare favourably to other East African graphite occur- rences (refer Figure 1). ? Regional geological review highlights East Africa graphite occurrence’s occurs within metasediments. ? Metallurgical (50kg) samples from the Ndololo prospect and Merelani-Arusha graph- ite project arrived at SGS metallurgical facility at Johannesburg for mineralogy, size analysis and floatation test work. ? Further assays pending from the Merelani-Arusha graphite project. ? Government approvals underway for drilling at Mahenge and Arusha Project. ? Drilling to commence mid-July.
