Further Arganara Phase 3 Infill Drill Results • Results for an additional 66 holes received • Consistent high grade phosphate intersections indicated NuPower is pleased to announce that the second batch of assay results from Phase 3 extension and infill drilling at Arganara Prospect has returned further high grade phosphate intersections. These latest results confirm the consistent nature of the phosphate mineralisation between the drill lines from the 2011 Phase 1 program. NuPower has received lab analysis for a further 66 holes of its 249 hole Phase 3 program. The new results mostly consist of infill of the Phase 1 drilling from 2011, and add infill into areas of the extension results released on the 3 rd of July 2012. Highlights from the second batch of the Phase 3 drill assay results include: ARC544: 7m @ 23.2% P2O5 from 24m including 1m @ 30.9 P2O5 ARC547: 4m @ 24.9% P2O5 from 27m including 1m @ 33.0 P2O5 ARC567: 5m @ 22.5% P2O5 from 14m including 1m @ 31.4 P2O5 ARC568: 3m @ 26.3% P2O5 from 14m including 1m @ 30.0 P2O5 ARC579: 4m @ 22.8% P2O5 from 22m including 1m @ 30.1 P2O5 NuPower is pleased to see adjacent shallow, high grade +30% P2O5 intersections beside the Murray Downs Road on Drill line 518400E, a potential area for Direct Ship Ore (DSO) production. Figure 1, Phase 3 results against the 2011 results clearly shows the footprint increase and consistent nature of the phosphate grades between drill lines from the 2011 phase 1 drill program. The primary aim of Phase 3 drill program is to establish a maiden JORC Mineral Resource for the Arganara Prospect by extending and infilling the 2011 Phase 1 and 2 drill programs. Integration of the Phase 3 results into the preliminary resource model, already completed using the data from the Phase 1 and 2 drill programs, will enable swift estimation of a maiden JORC resource. NuPower looks forward to announcing final drill assays as they are returned over
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