30 June 2008 ASX / Media Release
KIPOI PROJECT UPDATE
Highlights
Drilling Results – Kipoi Central
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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.
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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
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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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