27 November 2007Company Announcements OfficeAustralian Stock...

27 November 2007
Company Announcements Office
Australian Stock Exchange Limited
20 Bond Street
Sydney NSW 2000
By e-lodgement

View Resources (ASX: VRE) is pleased to announce that good grade intercepts from the
preliminary composite assays have been returned in three of the four RC (reverse circulation)
holes drilled on the Karra project at the company’s Bronzewing gold mine. These results include:
• 12 metres at 1.45g/t,
• 8 metres at 6.06g/t,
• 4 metres at 6.05g/t and
• 4 metres at 4.21g/t.
Follow up RC drilling at Katherine Well has also identified broad zones of mineralisation including
67 metres at 0.53g/t providing encouragement that high grade shoots could be developed within
this structure that has already been identified to extend over one kilometre. Earlier RAB drilling
results included 4 metres at 7.5 g/t.
These results are part of a 3,500 metre regional reconnaissance RC exploration drill programme
which is nearing completion at Bronzewing. Targeted areas were based on known prospects and
structural targets where significant gaps existed in the previous drill coverage.
These results provide excellent targets which View will follow up shortly, and support the
Company’s view that the Bronzewing area still represents good exploration opportunities.
Managing Director Tim Gooch said “Both of these prospects are in an early stage at present
but potential represent the next generation of resources at Bronzewing. To date we have
added over 60,000 ounces to reserves in 2007 and we aim to build on that. We have over
1,000 square kilometres of highly prospective ground in a world class gold region and View
remains committed to an active exploration program in the area and extending mine life�.
Karra
The Karra prospect is located approximately 25 kilometres south of Bronzewing and forms part of
the Bronzewing South joint venture with Audax Resources. Following a review of historic
exploration drill data, a sub-vertical structure was identified within the weathered zone that had
not been adequately tested by previous drilling. Three of the four recent RC holes testing this
structure returned moderate-to high-grade intersections with a best result of eight metres at 6.1g/t
gold in KARC02. See details Table 1, below.
Further work is planned to test the strike extensions of this zone, which could ultimately represent
an additional source of good grade oxide feed to the Bronzewing operation in the medium term.
Katherine Well
At Katherine Well, 33 kilometres south southeast of Bronzewing, historical exploration and recent
air core and RC drilling undertaken by View Resources have confirmed the presence of highly
Telephone: (08) 9226 4611 Level 12, London House Postal Address
Facsimile: (08) 9226 4655 216 St Georges Tce, Perth WA 6000 Po Box 7656
ABN 95 009 162 949 Cloisters Square WA 6850
1A2 – Exploration Success at Bronzewing_27Nov07
anomalous gold mineralisation over broad intervals within a plus kilometre strike length,
associated with a wide, easterly-dipping shear zone.
Four RC holes on lines 100 metres apart were targeted beneath the better intersections returned
from historical and more recent air core drilling, including the four metres at 7.5ppm gold returned
in KWAC039, announced in the September quarterly. Although the preliminary composite results
were low grade, the width of the mineralised intercepts, including the 67 metres at 0.53g/t
encountered in KWRC02 provides encouragement that high grade shoots could be developed
within this structure and that further drilling is required. See details Table 2, below.
The host structure can be traced in aeromagnetic images for a further three kilometres to the
northeast with patchy gold anomalism defined from wide-spaced reconnaissance traverses over
its full length.