3rd September 2014 DIAMOND DRILLING PROGRAMME AT ROE HILLS COMMENCES TO TEST NICKEL SULPHIDE TARGETS • Diamond drilling programme on Flagship Roe Hills Project has commenced to test major Nickel Sulphide targets with an initial 15 hole programme totalling 5000m. • The Company may extend the planned programme to 10,000m (at a discount rate on all metres drilled if extended) with 25% of the cost to be satisfied by the issue of MPJ Shares upon completion. • The Company is fully funded to complete a 10,000m programme including Newexco’s concurrent geophysical down hole EM survey work. Mining Projects Group Limited (ASX:MPJ) (“the Company”) is pleased to announce the drilling programme has commenced at it’s flagship Roe Hills Nickel Project. As previously reported, work completed by Director Mr Neil Hutchison has resulted in identifying several new and significant Nickel Sulphide targets zones at Talc Lake, Roe 1 and Roe 2 prospects. Mr Hutchison’s plan is to complete a 15 diamond drill hole programme totalling 5000m with concurrent down-hole electro-magnetic (“EM”) surveys to be managed by Newexco Services Pty Ltd (“Newexco”). The Company has formally engaged OnQ drilling to complete the initial phase and have locked down a firmly agreed extension of up to 10,000m. The extension will incur a discount rate on all metres drilled and with 25% of consideration for drilling services to be satisfied by issuing MPJ fully paid ordinary shares upon completion. MPJ recently raised $1.395m by way of a placement which ensures the Company is fully funded to complete up to 10,000m including the geophysical works to be conducted by Newexco and its partners.
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