POTENTIAL FOR SUBSTANTIAL RESOURCE/RESERVE INCREASE AT...

POTENTIAL FOR SUBSTANTIAL RESOURCE/RESERVE INCREASE AT CHALLENGER FOLLOWING OUTSTANDING DEEP DRILLING RESULTS
KEY POINTS
• Outstanding intersection of 25m @ 23.4g/t gold returned from diamond drilling in the M1 Shoot, at a depth of 700 metres, 100 metres below the previous deepest high grade intersections.
• This result, together with recently announced intersections including 3.4m @ 23.9g/t and 3.0m @ 50.9g/t, demonstrates the significant continuity of the M1 structure at depth.
• New results expected to underpin significant increase in Challenger resource/reserve inventory, planned to be updated early 2007.
• Deep drilling results continues Dominion’s successful resource/reserve replacement program .
Dominion Mining Limited (ASX: DOM) today announced significant results from the current deep diamond core drilling program to evaluate depth extensions of the M1 Shoot at its 100%-owned Challenger Gold Mine in South Australia. The final hole of the current program returned an outstanding intersection of 25 metres grading 23.4g/t gold, demonstrating the continuity of the shoot at least 100 metres below the previously reported high grade intersection and has traced the shoot down plunge some 1,500 metres to a vertical depth of 700 metres.
The results have confirmed the potential for significant additions to Dominion’s resource/reserve inventory at depth within the M1 Shoot at Challenger, with the latest results to be incorporated in a revised resource and reserve statement, scheduled to be finalised early 2007.