Jim Wall from Kimberley Metals Aug 2011

Transcript: Good afternoon. My name is Jim Wall, I'm the executive chairman of Kimberly Metals. Yesterday the company made an announcement of an exciting drill result from its Mineral Hill mine in central New South Wales. This drill result was for 5.4metres at 2.5% copper and 4.4grams/tones gold.

It's in a zone called the ESOZ zone which is between the Eastern Ore Zone and the Southern Ore Zone, which is a stretch of about 400metres. Previously in Triako's day, the drilling had 7 holes that intersected this ore system which is some 200-300metres long and 150metres in vertical height, and our new hole has once again confirmed that we have a major new unmined ore zone which is close to existing underground drive that connected the eastern ore zone to the southern ore zone.

In the past the Eastern Ore Zone was the prodigious producer of gold, producing some 280,000 ounces, and we would anticipate this would add to our armory of production of copper and gold to the Parkers Hill production.
As most people are aware, we started production at Parkers Hill, from the underground mine, about 2 weeks ago, and turned the mill on after spending some $8,000,000 to upgrade and refurbish it.

We're anticipating the first concentrate sales in September, and hoping that we will drill more holes between now and the end of the year to extend the life of this new mining operation at Mineral Hill.

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