South Australia - SA Explorers

Kanmantoo – Copper-Gold
Hillgrove Resources
Kanmantoo
• Significant new high grade Cu–Au zones intersected;
- Main Zone 84m @ 1.34% Cu (inc. 17m @ 2.11% Cu)
- North East Zone 16m @ 4.34% Cu (inc. 4m @ 6.49% Cu)
- O’Neil Zone 11m @ 2.05% Cu and 6.47 g/t Au (inc. 7m @ 2.3% Cu and 10.15 g/t Au)
- South East Zone 22m @ 1.51% Cu (inc. 13m @ 2.09% Cu)
- Eastern Zone 20m @ 1.13% Cu (inc. 6 m @ 2.16% Cu)
• Definitive feasibility study expected completion September 2007, production targeted
for 2009
• Current resource 33.44 Mt @ 0.9% Cu and 0.2 g/t Au containing 290 000 t of Cu and 216
900 oz Au
• Estimated annual production: 2 Mtpa of ore for 19 000t Cu, 6 000oz Au and
113 000 oz Ag
• Economically enhanced by high garnet grades in host rock
September 2007