They forgot to say please!They are saying please Mr Michaelmore...

They forgot to say please!
They are saying please Mr Michaelmore increase your bid cos look how good we are.....
cheers

MEDIA RELEASE - 6 FEBRUARY 2008
AVEBURY NICKEL PROJECT ORE RESERVES INCREASED 12.9%
Allegiance Mining NL today announced a 12.9%1 increase in Contained Nickel at the Avebury Nickel
Project and the successful completion of its infill drilling program at the mine. A full copy of the report is
available at www.allegiance-mining.com.au.
The proportion of Proved Ore Reserves at the Avebury mine increased significantly, with overall ore
tonnes increasing by approximately 23% and grade has fallen to approximately 1%. The increase in ore
reserves was foreshadowed in Allegiance’s recent Quarterly Activities report and is in line with the
announcement of the resource upgrade, where contained metal increased 10.7% from the 2007
resource using a 0.7% nickel cut-off grade.
The new ore reserves have been estimated assuming large-scale mining activities commensurate with
the expanding resource base, and are summarised as follows:
Ore Reserves above 0.7% Ni Cut-off Grade
Category Tonnes Grade Contained Ni (Tonnes)
% Ni This report at
31/12/07
Previous report
at
31/03/07
Probable 4,006,000 0.98 39,200 45,950
Proved 1,839,000 0.92 16,900 3,750
Total 5,845,000 0.96 56,100 49,700
Tony Howland Rose, Chairman of Allegiance Mining, said the increase in ore reserves at the Avebury
Nickel Mine demonstrated the potential of the mine to deliver long-term value to shareholders.
“Identified reserves at the Avebury mine have increased by approximately 13%, as expected, which is a
significant increase and highlights how valuable this mine will be to shareholders.
“The current reserve is restricted to the central portion of the resources at the Avebury Mine and extends
horizontally along strike for 600 metres and to 500 metres depth below the surface. Only those resources
drilled in detail from underground openings have been estimated as ore reserves at this time, although the
resources are known to extend over a strike length exceeding two kilometres.
“Avebury is Allegiance’s first mine in the Allegiance Nickel Province, only a small proportion of which has
been explored to date. We are excited by the potential of our province and I believe Avebury is only the
start,” he said