you little bewdy

Drilling identifies new broad zone of copper-gold mineralisation at
the Puthep Copper Project, Thailand
Pan Australian Resources Limited (ASX Stock Code: “PNA”) is pleased to announce that drilling
has intersected a previously unidentified broad zone of porphyry copper-gold mineralisation in its
Phase 1 drilling program at the Puthep Copper Project in northern Thailand (Figure 1).
Drill hole P1DD006 (Table 1 and Figure 2) was designed to test the potential dimensions and
grade of a skarn unit in the north of the PUT 1 deposit area, which was previously intersected by
two other holes. Unexpectedly, P1DD006 also intersected a broad zone of porphyry
mineralisation adjacent to the skarn that significantly upgrades the primary resource potential of
the deposit:
• 96 metres grading 0.6% copper and 0.3g/t gold from a depth of 62 metres
The latest drill results extend and confirm copper mineralisation zones within sediments and
skarn units with best results including:
• 62 metres grading 1.0% copper from 72 metres in hole P1DD008; and
• 22 metres grading 0.7% copper from 90 metres in hole P1DD007
The Phase 1 drill program - to be completed in July 2007 - comprises 27 holes designed to
conduct an initial evaluation of the potential for a primary sulphide mineral resource below the
currently identified shallow oxide-transitional mineral resource (defined to a depth of 100m):
• 84 million tonnes at 0.4% copper comprising an:
Indicated Mineral Resource of 22 million tonnes at 0.4% copper and an Inferred
Mineral Resource of 62 million tonnes at 0.4% copper (at a 0.1% copper cut-off).