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Frieda River Project, PNG

Feasibility Study resource definition drilling completed
Multiple 1% copper shallow depth intersections
Updated mineral resource estimate due in September 2011 quarter
Xstrata on track to deliver Feasibility Study by January 2012
Highlands Pacific Limited (ASX:HIG): Joint venture partner Xstrata Copper has completed in-fill drilling on the world-class Frieda copper gold project in Papua New Guinea with an updated resource estimate due in August 2011 prior to formal delivery of a Bankable Feasibility Study in January 2012.
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