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IRON POTENTIAL CONFIRMED AT YANDICOOGINA
SOUTH
Outcropping Pisolites support potential for Channel Iron Deposits

The Directors of Hemisphere Resources Limited are pleased to report that a follow up field
reconnaissance program confirmed the surface outcrops of iron rich pisolites at the Yandicoogina
South Iron Project (ELA47/1904). This enhances the potential for Channel Iron Deposits (CID) within
the project area.

Two further valleys which are defined by the Hamersley surface have also shown material supporting
the potential for covered CID deposits.
The project area is located 6km south of the Yandicoogina Mine and 3km west of the Junction South
East Mine which are both operated by Rio Tinto. The field survey was undertaken to investigate areas
previously delineated as being prospective for CID. These areas are upstream of the Yandicoogina

Deposits and are interpreted as being at the same level but buried under younger surficial cover.
The presence of Hamersley Surface (Canga) as well as M3 Hardcap (complete with fossilised wood
fragments) material in the northern area shows that the valley is prospective for a well developed CID
profile in the area. The Company will systematically evaluate the iron potential.