Ann: New high grade results extend early mining target, page-2

NEW HIGH-GRADE GOLD RESULTS EXTEND EARLY MINING TARGET
• New South West Breccia Lode intersections extend high-grade early mining target:
- 4.5m @ 14.8 g/t Au including 1.0m @ 44.9 g/t Au from SWB Lode, true width
- 6.0m @ 13.03 g/t Au from colluvium above SWB hangingwall lode
- boulder results to 33.5 g/t Au; 27.7 g/t Au; 11.5 g/t Au from extension of SWB Lode
• Bulk sampling in progress for metallurgical testing

Perth, Western Australia: Red Mountain Mining Limited (ASX:RMX) has received new, high grade, gold results from projected extensions to the South West Breccia (SWB) lode and related colluvial gold deposits. These new intersections have the potential to extend and increase the size of the high-grade early mining target at the Lobo Prospect, part of the Batangas Gold Project, located 120 kilometres south of Manila in the Philippines. The new intersections include a true width intersection in Trench 36 of 4.5 metres (m) grading 14.8 g/t gold (Au) including 1.0m @ 44.9 g/t Au across southwest extensions of the main SWB lode, and to the northwest of this lode intersection, a 6 metre wide zone of colluvial gravel/cobble material, that produced an intersection of 6.0m @ 13.03 g/t Au.

The colluvial gravel/cobble zone is interpreted to lie above a hangingwall “wedge” of lode material that has been previously sampled to the southwest at SWB Extension, including previous trenching intersections of Trench 21: 6m