Here is part of the BHP ann. I can't paste the picture stuff (don't know how and haven't time to learn how today- this wind is causing power outs all the time) April 2, 2008 ASX & TSX: WSA News Release ASSAYS CONFIRM HIGH GRADE NICKEL/COPPER/PGE DISCOVERY AT MT ALEXANDER JOINT VENTURE Mt Alexander Joint Venture (BHP Billiton 75%, WSA 25%) The Board of Western Areas is pleased to announce that final assay results from BHP Billiton’s first two drill holes at the Cathedrals Prospect have confirmed that it is a high grade nickel/copper/PGE discovery with significant exploration upside. Intersections from the two diamond drill holes first announced on 11 March are: MAD 012 : 4.0m @ 4.9% nickel, 1.7% copper and 3.9g/t total PGE from 91.4m MAD 013 : 3.0m @ 3.8% nickel, 1.6% copper and 2.7g/t total PGE from 56.3m Including 1.4m @ 7.1% nickel, 3.0% copper and 4.2g/t total PGE from 57.6m These results are considered to be very encouraging for a number of reasons: 1. They are the first drill holes to intersect a previously untested geophysical target 2. Both intersections consist of fresh massive sulphide at shallow depth 3. The mineralisation is completely open along strike and down dip 4. High grade nickel is associated with high copper and PGE values 5. Highest PGE assays are: 6.7g/t Palladium, 0.9g/t Platinum, 1.0g/t Rhodium 6. The geological setting shows similarities to the Flying Fox mine, 350km south BHP Billiton has advised that drilling is expected to resume at the Cathedrals Prospect in the June Q and Western Areas looks forward to being able to report further results from this exciting project. A review of the technical data is scheduled for early next week. Table 1: Summary of drill hole assays HOLEID FROM TO INT Ni Cu Pd Pt Ir Os Rh Ru Total PGE m m m % % ppm ppm ppm ppm ppm ppm ppm MAD012 81.5 95.5 14.0 1.9 0.8 1.2 0.2 0.02 0.01 0.16 0.18 1.8 Including MAD012 91.4 95.4 4.0 4.9 1.7 2.4 0.5 0.06 0.04 0.48 0.53 3.9 MAD013 56.3 59.3 3.0 3.8 1.6 1.9 0.4 0.02 0.01 0.18 0.17 2.7 Including MAD013 57.6 59.0 1.4 7.1 3.0 2.9 0.6 0.04 0.02 0.33 0.33 4.2 THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
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0.0¢ Sentiment: Buy Disclosure: Held