24 January 2007
Significant Copper Mineralisation at
Bluff
Further to the Company’s first drilling progress
report for the Redbank Copper Project dated 18
January 2007, additional interim results have been
received from the infill and extension drilling
programme recently completed. Assays from 245
metres of drilling (244 samples, 4 drill holes) at the
Bluff deposit have been received. The most
significant results are (refer Table 1 for details):
• 57m at 2.06% copper from 11m down hole,
including 25m at 3.26% copper from 29m in
Hole BL06-7;
• 37m at 0.96% copper from 73m down hole,
in Hole BL06-10.
Hole BL06-7 was designed to test the centre of the
mineralised breccia pipe. It confirms the excellent
grade and consistency of copper mineralisation at
Bluff.
Hole BL06-10 was designed to test the alteration
zone at the edge of the breccia pipe and has
returned a significant intersection of potentially ore
grade material. These results have positive
implications for finding more mineralisation in the
host rocks surrounding the mineralised breccia
pipe.
Redbank Mines Limited
ASX Announcement 24 January 2007 2
The fourth hole, Hole BL06-5, located outside of the locus of the known deposit, did not
intersect significant mineralisation.
These results follow those reported to ASX on 18 January (refer Table1 for details), namely:
• Hole BL06-1, 44m at 1.51% copper from 80m down hole, including 8m at 2.73%
copper and 3m at 3.41% copper;
• Hole BL06-2, 34m from surface at 1.18% copper, including 7m at 2.17%
copper;
• Hole BL06-3, 25m from surface at 1.00% copper.
Results to date demonstrate the quality and consistency of the copper mineralisation style at
the Bluff, being one of the two breccia pipe deposits being tested in this round of drilling.
Assay results from RC and diamond drilling from the remaining 2,300m recently completed at
Bluff and Punchbowl deposits are pending and will be reported as they are received.
Yours faithfully,
Redbank Mines Limited
Jerome G Vitale
Managing Director
Note
The information contained in this announcement, insofar as it relates to the current drilling, is sourced from
information compiled by Dr D James Searle, B.Sc, PhD, MAusIMM, MAICD. Dr Searle is an Executive Director
of Redbank Mines Limited and has sufficient expertise relevant to the style of mineralisation and type of deposit
under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in
the 2004 Edition of the ‘Australasian Code for Reporting of Mineral Resources and Reserves’. Dr Searle has
approved the inclusion of the statement in the form and context which it appears.
ASX Announcement – ASX Announcement 24 January 2007 3
Table 1: Bluff - significant (>0.5% copper) intercepts from the first and second batch of
drilling results received.
Hole
Easting
(m)
Northing
(m)
Az deg. Dec deg. From m Metres % copper
BL06-7 796 200 8 098 225 180 60 surface 11 0.51
12 57 2.06
including 29 25 3.26
BL06-10 796 175 8 098 275 180 60 surface 9 0.63
73 37 0.96
BL06-11 796 150 8 098 225 90 60 17 8 0.63
BL06-1 * 796 250 8 098 225 050 60 80 44 1.51
including 87 8 2.73
including 99 3 3.41
BL06-2 * 796 225 8 098 225 180 60 0 34 1.18
including 20 7 2.17
BL06-3 * 796 225 8 098 250 180 60 0 25 1.00
25 1 0.55
36 3 1.15
39 1 0.62
* Results are from the first batch of drilling results received previously reported on 18 January 2007.
Note 1:
These results have been reported as interim results from the assay laboratory. Satisfactory results from internal
blank flushes in the laboratory procedure have been received but full quality control analysis and final assay
certificates have not yet been collated and received. However the in the opinion of the qualified person the final
results are not expected to vary significantly.
Note 2:
The reported copper results are total copper obtained from a standard analytical procedure using a robust acid
digest of the pulped sample.
RBM
redbank mines limited
24 January 2007Significant Copper Mineralisation atBluffFurther...
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