30 June 2008 ASX / Media Release KIPOI PROJECT UPDATE Highlights Drilling Results – Kipoi Central • Final results now received for all diamond holes drilled as part of the 25x25m infill programme to better quantify the high grade resource supporting Stage 1 Production at Kipoi Central. • Significant mineralisation intersected in all the holes, better results include: KPCDD106: 109.0m @ 7.6% Cu from 136.5m KPCDD120: 59.1m @ 5.1% Cu from surface KPCDD105: 95.0m @ 4.3% Cu from 100.0m KPCDD121: 68.1m @ 4.2% Cu from surface KPCDD119: 52.1m @ 3.7% Cu from surface KPCDD117: 60.6m @ 3.5% Cu from surface KPCDD111: 45.3m @ 3.8% Cu from 51.9m KPCDD115: 20.0m @ 3.1% Cu from 77.6m KPCDD107: 51.5m @ 1.6% Cu from 87.5m • New results to be included in revised resource estimate for the high grade component of the Kipoi Central ore body scheduled for completion by Cube Consulting Pty Ltd in mid July. Revised resource estimate to upgrade previous resource classification level. •
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