drilling update

Drilling Update at Maroochydore Copper JV
· First 7 RC drill holes completed, with remaining 6 holes to be drilled once
larger capacity rig becomes available.
· Good copper intercepts from all 7 holes, including 7m @ 2.45% Cu.
· Assay results in line with expectations for this infill drilling of the existing
JORC resource of 51Mt @ 1% Cu and 0.04% Co.
· 6 hole diamond drilling program planned to provide further infill drilling
of the JORC resource and obtain metallurgical test samples.
Murchison United NL (ASX: MUR, AIM: MUU) is pleased to announce results of recent
drilling at the Maroochydore Copper Joint Venture Project in Western Australia
undertaken by the project operator, Aditya Birla Minerals Limited (ASX: ABY).
The assay results are from the first 7 vertical drill holes of a planned program
comprising 13 RC drill holes for a total of 1,500 metres. This program is designed in part
to provide infill drilling of the existing JORC compliant resource at the Maroochydore
Project of 51 million tonnes @ 1% Cu for 0.51 million tonnes of contained copper and
20,000 tonnes contained cobalt (at 0.5% Cu cut-off). All RC holes are being drilled
within the existing resource boundary.
The results received positively demonstrate continuity of mineralisation within the small
area drilled, with copper grades in line with expectations.


Good news?