Announcement just out regarding the litigation starting...

Announcement just out regarding the litigation starting tomorrow.


ASX ANNOUNCEMENT ASX Code: MMX

28 September 2009

CHAMELEON LITIGATION UPDATE

Murchison Metals Ltd (Murchison) advises that a four week hearing of the Federal Court proceedings commenced by Chameleon Mining Ltd (Chameleon) against Murchison, Crosslands Resources Ltd (Crosslands) and other respondents in November 2007 is scheduled to commence in

Sydney on Tuesday 29 September 2009.

Murchison Executive Chairman Paul Kopejtka said the Company was very pleased the matter would finally be heard.

“Since Chameleon brought these proceedings almost 2 years ago, Murchison has been very keen to have the matter heard and dealt with so the Company could concentrate fully on its iron ore and infrastructure assets,” said Mr Kopejtka.

“While the claims made by Chameleon relate to a period of time before the current board and management of Murchison became involved with the Company, we look forward to a successful outcome in the proceedings.”

Murchison will not be making comment on day-to-day evidence and looks forward to completion of the trial and Mr Justice Jacobson’s judgment in due course.

-ends-

For further information, please contact:

Paul Kopejtka
Executive Chairman
Murchison Metals Ltd
+61 8 9492 2600
John McGlue
Director
FD Third Person
+61 8 9386 1233
00812060