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Oxiana Limited - Kalimantan Gold Corporation Limited

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43 101 – KSK Copper Project<br />

The figure adjacent illustrates the location of the<br />

proposed drill holes at Beruang Kanan designed<br />

to delineate the 250Mt delineation exploration<br />

target.<br />

Beruang Kanan Delineation Drilling<br />

The delineation drilling program would require<br />

up to 110 drill holes spaced approximately 100<br />

metres apart.<br />

KLG estimate the cost to convert 250Mt of the<br />

Beruang Kanan target to a 43-101 resource to be<br />

US$2.0m.<br />

June 2011<br />

16

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