disbelief, page-17

11 September 2008
Manager Company Announcements
Company Announcements Office
Australian Stock Exchange Limited
Level 4, 20 Bridge Street
Sydney NSW 2000
(By electronic lodgement – 8 pages)
Dear Sir
LADY BRENDA – RESOURCE UPDATE
• An updated Measured, Indicated and Inferred Mineral Resource estimate for the
Lady Brenda Prospect has returned 5Mt at 0.6% Cu, using a 0.3% Cu cut-off
grade for 29,300 tonnes of contained copper metal
• This estimate represents a 179% increase in contained copper from the
inaugural Lady Brenda resource estimate, reported 29 November 2007, from
10,500 tonnes to 29,300 tonnes.
• A relatively high degree of confidence in the Mineral Resource is demonstrated
by 52% of total resource tonnage contained within the Measured and Indicated
categories
• As a consequence of the Lady Brenda Mineral Resource update, the
Company’s global Mineral Resources now total 40.5Mt at 0.8% Cu (350,200
tonnes of contained copper metal), after depletion of resources due to mining
at Mount Clarke and Flying Horse
• The Lady Brenda Mineral Resource adjoins the Lady Annie Deposit, and offers
some synergies and efficiencies for future mining in conjunction with Lady
Annie
• Further potential for lateral oxide mineralisation extensions and deeper
sulphide mineralisation will be evaluated by future drilling programmes