The Company has received drilling results in respect of drilling below the current working level at the Parkers Hill underground mine at Mineral Hill, NSW. These are currently being assessed and to avoid trading in KBL securities when the market as a whole is not reasonably informed, the Company requests a trading halt in its shares pending an announcement.
It is expected that an announcement to end the trading halt will be made before the market opens on Wednesday, 15 August 2012.
The Company is not aware of any reason why the trading halt should not be granted.
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