Media Release 10 February 2010 ADELAIDE RESOURCES HITS MORE HIGH GRADE COPPER AT ROVER 1 NT. Adelaide Resources Limited has announced further high grade drill intersections at its Rover 1 Prospect, located 80 kilometres southwest of Tennant Creek in the Northern Territory. Assay results from one hole included 57 metres at 3.16% copper and 22 metres at 1.27% copper and 0.93 grams per tonne gold. A second hole included an interval of 16 metres at 1.20% copper. Commenting on the results, Adelaide Resources Managing Director Chris Drown, said These positive results come from the first two of four drillholes completed to follow-up excellent copper and gold intersections achieved last December in our first exploratory hole at the Rover 1 prospect. Included in the broader intersections are some very high grade zones, including a seven metre interval which assayed 10.4% copper. The new intersections at Rover 1 follow on from significant copper and gold intersections announced recently from the nearby Rover 4 Prospect. We still have results from two further 2009 drilled holes at Rover 1 to come. Overall we are very happy with the progress we are making at Rover. said Drown. We are planning a busy 2010 with the drill, with further holes to be completed at both Rover 1 and Rover 4, and likely also at other targets as we try and get a handle on the true potential that our project offers. Adelaide Resources acquired the Rover Project in 2005 from an Australian subsidiary of Newmont Mining Corporation. The area is considered to be highly prospective for gold and copper deposits similar to those mined historically at Tennant Creek. In addition to its exploration at Rover, ASX listed Adelaide Resources is also exploring for gold, copper and uranium in South Australia, with fieldwork currently underway at the Moonta-Wallaroo copper-gold project on the Yorke Peninsula. Media Contact: Enquiries should be directed to Chris Drown. Ph (08) 8271 0600 or 0427 770 653.
