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Blackthorn Resources, Update: Mumbwa Project - Step-out Hole Intercepts Further Mineralisation from 100M Depth


KEY POINTS

Assays have been received for drill hole KITDD_015

The following best copper intersections were identified:
*  KITDD_015 (dip -70, azimuth 090, EOH 692.65m)
-  279m at 0.5% Cu from 103m to 382m, including: 27m at 0.88% Cu from 151m to 178m
-  39m at 0.91% Cu from 205m to 244m, including: 3m at 3.08% Cu from 233m to 236m
-  17m at 0.94% Cu from 322m to 339m, including: 2m at 3.08% Cu from 337m to 339m

KITDD_015 is a step-out hole collared approximately 300m outside the previous 1% Cu envelope aimed at a zone of high chargeability

Mineralisation begins at 103 meters

Updated Mineral Resource estimation underway - due in March 2013

Plus Minerals LLC completes ASD spectrometer study on 26 drill holes to characterise alteration

Final phase 6 assays due end of February.

Blackthorn Resources Limited (ASX:BTR) (“the Company” or “Blackthorn Resources”) is pleased to provide assay results for drill hole KITDD_015 and an update on recent work at the Company’s flagship Mumbwa Project.


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