annoucement out

12th May, 2008
Companies Announcements Office
Australian Securities Exchange
P.O. Box H224
Australia Square NSW 1215

Lionel Diggings Drilling Completed
IIG wishes to advise that the first phase of drilling has been completed at the Lionel
Diggings gold prospect in North Queensland, Australia.
Seven reverse circulation holes for a total of 1073m were drilled to test the depth extent
of Lionel Diggings gold and silver bearing sheeted vein system over a strike length of
530m. Veining (quartz-pyrite-sericite) and alteration envelopes (silica-sericite) were
intersected up to 125m down dip from historic workings. Drilling also located several
new veins / alteration envelopes that do not outcrop at surface. The vein system is open at
depth and along strike.
Samples for the seven holes have been submitted to an independent analytical laboratory
in Townsville, Australia. IIG expects to have results in four to six weeks.
Background
IIG secured a 100% interest in the under explored Lionel Diggings prospect in August
2007. The company hired a consultant to map and sample the prospect. Grab samples
from quartz veins yielded up to 28.8g/t Au and 39.5g/t Ag. Vein alteration envelope grab
samples also contain up to 73.3g/t Au and 12.7g/t Ag. Lionel Diggings was identified as a
gold / silver bearing, shallow dipping, sheeted vein system, with a strike length of 700m.
IIG recognised the potential for an open pit gold mine on a granted mining lease and
secured a drill rig in December 2007 to test the Lionel Diggings prospect. Regional
flooding during the wet season delayed access to the site until April 2008.
Yours sincerely
Integrated Investment Group Limited
John Smith
Company Secretary