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+ACY-nbsp+ADs-16 October 2009+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:14.0pt+ADs-mso-ansi-language: EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'margin-top:6.0pt+ADs-margin-right:0cm+ADs- margin-bottom:6.0pt+ADs-margin-left:0cm+ADs-text-align:center'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:18.0pt+ADs-text-transform:uppercase+ADs-mso-ansi-language:EN-GB'+AD4-TRIAL MINING SUPPORTS key TECHNICAL ASPECTS OF nullagine iron ore project+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-div class+AD0-MsoNormal align+AD0-center style+AD0-'text-align:center'+AD4APA-b+AD4- +ADw-hr size+AD0-2 width+AD0AIg-100+ACUAIg- align+AD0-center+AD4- +ADw-/b+AD4APA-/div+AD4- +ADw-p class+AD0-msolistparagraph style+AD0-'text-align:justify+ADs-text-indent:-18.0pt'+AD4APA-span style+AD0-'font-size:11.0pt+ADs-font-family:Symbol'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-GB'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-mso-ansi-language:EN-GB'+AD4-Results from first phase of trial mining at +ADw-span class+AD0-SpellE+AD4-Outcamp+ADw-/span+AD4- Deposit support key technical and mining assumptions of Feasibility Study+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-msolistparagraph style+AD0-'text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-msolistparagraph style+AD0-'text-align:justify+ADs-text-indent:-18.0pt'+AD4APA-span style+AD0-'font-size:11.0pt+ADs-font-family:Symbol'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-GB'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-mso-ansi-language:EN-GB'+AD4-Assay results received to date from the first of three pits have exceeded Robe River ore specifications+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-msolistparagraph+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs- mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-msolistparagraph style+AD0-'text-align:justify+ADs-text-indent:-18.0pt'+AD4APA-span style+AD0-'font-size:11.0pt+ADs-font-family:Symbol'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-GB'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-mso-ansi-language:EN-GB'+AD4-Surface miner trials consistent with Feasibility Study expectations and surface mining now confirmed as mining method +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-msolistparagraph+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs- mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-msolistparagraph style+AD0-'text-align:justify+ADs-text-indent:-18.0pt'+AD4APA-span style+AD0-'font-size:11.0pt+ADs-font-family:Symbol'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-GB'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-mso-ansi-language:EN-GB'+AD4-Surface mining technique produces a smaller run-of-mine (ROM) feed to the crushing circuit, in turn aiding the crushing and screening performance+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-msolistparagraph+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs- mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-msolistparagraph style+AD0-'text-align:justify+ADs-text-indent:-18.0pt'+AD4APA-span style+AD0-'font-size:11.0pt+ADs-font-family:Symbol'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-GB'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-mso-ansi-language:EN-GB'+AD4-Full trial mining results due in December are expected to underpin final commercial elements of Feasibility Study ahead of construction+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-div class+AD0-MsoNormal align+AD0-center style+AD0-'text-align:center'+AD4APA-b+AD4- +ADw-hr size+AD0-2 width+AD0AIg-100+ACUAIg- align+AD0-center+AD4- +ADw-/b+AD4APA-/div+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Australian iron ore company BC Iron Limited (ASX: BCI+ADs- BCI) is pleased to announce that the first phase of trial mining at the Company+IBk-s +ADw-span class+AD0-SpellE+AD4APA-b+AD4-Nullagine+ADw-/b+AD4APA-/span+AD4APA-b+AD4- Iron Ore Project+ADw-/b+AD4- in Western Australia, supports the key technical assumptions of the Project, as outlined in the +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- Project Feasibility Study.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Since the commencement of trial mining on 16 September 2009, approximately 65,000 tonnes of ore has been mined and hauled from the east end of the +ADw-span class+AD0-SpellE+AD4-Outcamp+ADw-/span+AD4- Deposit and approximately 43,000 tonnes of ore has been crushed.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Surface miner operations have now concluded, however crushing and screening activities will continue for the rest of October while analysis of ore samples and metallurgical test work will be ongoing together with geological mapping and geotechnical work in the pit.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-em+AD4APA-span lang+AD0-EN-GB style+AD0-'font-family:Calibri+ADs-mso-ansi-language: EN-GB+ADs-font-style:normal'+AD4-Trial mining was a key recommendation of the +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- Project Feasibility Study (+ADw-/span+AD4APA-/em+AD4APA-em+AD4APA-span lang+AD0-EN-GB style+AD0-'font-family:Calibri+ADs-mso-ansi-language:EN-GB'+AD4-see ASX release of July 2, 2009+ADw-/span+AD4APA-/em+AD4APA-em+AD4APA-span lang+AD0-EN-GB style+AD0-'font-family:Calibri+ADs- mso-ansi-language:EN-GB+ADs-font-style:normal'+AD4-) and is+ADw-/span+AD4APA-/em+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4- a major milestone as BC Iron prepares for commercial iron ore production at +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- in 2010 under the Company+IBk-s Joint Venture with +ADw-span class+AD0-SpellE+AD4-Fortescue+ADw-/span+AD4- Metals Group Ltd (FMG).+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-To date, assays received from the first of three pits have exceeded Robe River ore specifications in terms of grade and contaminant levels, which is one of the key requirements for the +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- Joint Venture. These results are consistent with the pre-mining grade estimate and clearly underpin confidence in the Feasibility Study+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-One of the most important aspects of the test pit was to determine the viability of surface miners for exploiting the deposit. The results from this work to date are consistent with expectations from the Feasibility Study. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-The surface mining technique has also aided in the crushing and screening process, with the benefits of feeding surface run-of-mine (ROM) material to the crushers +ADw-span class+AD0-GramE+AD4-highlighted+ADw-/span+AD4- during the trial. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-The equipment employed to conduct the trial mining is of the same nature and scale as the equipment which would be required to commence the first year of operations at the +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- Project. This provides additional confidence in the robustness of the Project.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-BC Iron+IBk-s Managing Director, Mr Mike Young, said he was very pleased with the results coming from the trial mining operation, which to date have demonstrated the technical viability of the proposed mining method and the overall robustness of the Project. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-We are very pleased with the preliminary results we have seen to date across all aspects of the trial mining operation, Mr Young said. +ADw-span class+AD0-GramE+AD4-?In+ADw-/span+AD4- particular, it is pleasing to note the performance of the surface miners, which have proved to be very effective for the type of deposit that we+IBk-ll be mining.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-It is expected that the full test pit results will be released to the market in the coming months. These results will be used to reassess the final commercial elements of the Feasibility Study ahead of planned construction early next year.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4-+ADw-b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-ENDS+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal 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Read+ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs-+ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs-Mr Mike Young+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- line-height:150+ACU-'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-variant:small-caps+ADs- mso-ansi-language:EN-GB'+AD4-Read 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+ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ACY-nbsp+ADs-Managing Director+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- line-height:150+ACU-'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-variant:small-caps+ADs- mso-ansi-language:EN-GB'+AD4-Telephone: +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-9388 1474+ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs-BC Iron Limited+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-variant:small-caps+ADs-mso-ansi-language:EN-GB'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs-+ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ACY-nbsp+ADs-Telephone: +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-6311 3400+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:14.4pt+ADs- line-height:115+ACU-'+AD4APA-b+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-About BC Iron+ADw-/span+AD4APA-/i+AD4APA-/b+AD4APA-b+AD4APA-u+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/u+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-BC Iron Limited (ASX: BCI) is an emerging iron ore producer focused on Western Australia+IBk-s world-class Pilbara region. The Company+IBk-s core asset is the +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- Iron Ore Project, an extensive tenement portfolio which is strategically located 140km north of Newman proximal to +ADw-span class+AD0-SpellE+AD4-Fortescue+ADw-/span+AD4- Metal Chichester operation.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-The +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- Iron Ore Project comprises a Direct Shipping Ore (DSO) Probable Reserve of 36Mt +AEA- 56.9+ACU- Fe. The total mineral resource at +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- is 50.7Mt +AEA- 57+ACU- Fe (64.8+ACU- Fe) within an overall Channel Iron Deposit (CID) resource of 89.1Mt +AEA- 54.1+ACU- Fe. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-BC Iron+IBk-s competitive advantage is that the +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- DSO comprises an outcropping, low contaminant first grade sinter feed that is located close to accessible infrastructure. The Company has entered into a Joint Venture with FMG who will provide port and rail infrastructure access for the life of the mining operation. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'margin-top:12.0pt+ADs-margin-right:5.65pt+ADs-margin-bottom: 3.0pt+ADs-margin-left:0cm+ADs-line-height:200+ACU-'+AD4APA-b+AD4APA-u+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Key Statistics+ADw-/span+AD4APA-/u+AD4APA-/b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom: 3.0pt+ADs-margin-left:0cm'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Shares on Issue:+ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4- +ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- 80.6 million +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom: 3.0pt+ADs-margin-left:0cm'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Board and Management:+ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4- +ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- Tony +ADw-span class+AD0-GramE+AD4-Kiernan +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-Chairman+ADw-/span+AD4- and Non-Executive Director+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom: 3.0pt+ADs-margin-left:108.0pt+ADs-text-indent:36.0pt'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Mike +ADw-span class+AD0-GramE+AD4-Young +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-Managing+ADw-/span+AD4- Director +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom: 3.0pt+ADs-margin-left:108.0pt+ADs-text-indent:36.0pt'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Garth +ADw-span class+AD0-SpellE+AD4APA-span class+AD0-GramE+AD4-Higgo+ADw-/span+AD4APA-/span+AD4APA-span class+AD0-GramE+AD4- +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-Non+ADw-/span+AD4--Executive Director+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p 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style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom: 3.0pt+ADs-margin-left:0cm'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Major Shareholders:+ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4- +ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- Consolidated +ADw-span class+AD0-GramE+AD4-Minerals +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-23+ADw-/span+AD4AJQA8-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom: 3.0pt+ADs-margin-left:108.0pt+ADs-text-indent:36.0pt'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4-Regent Pacific +ADw-span class+AD0-GramE+AD4-Group +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-14+ADw-/span+AD4AJQA8-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-AU style+AD0-'color:+ACM-1F497D+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:3.0pt+ADs- line-height:115+ACU-'+AD4APA-b+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-line-height: 115+ACUAOw-mso-ansi-language:EN-GB'+AD4-Qualifying Statement +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- line-height:115+ACU-'+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-line-height:115+ACUAOw- mso-ansi-language:EN-GB'+AD4-This release may include forward-looking statements. These forward-looking statements are based on BC Iron+IBk-s expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of BC Iron Limited, which could cause actual results to differ materially from such statements.+ACY-nbsp+ADs- BC Iron Limited makes no undertaking to subsequently update or revise the forward-looking statements made in this release to reflect events or circumstances after the date of this release.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:3.0pt'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:3.0pt'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-mso-ansi-language:EN-GB'+AD4-JORC Competent Persons Statement+ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-mso-ansi-language: EN-GB'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- line-height:115+ACU-'+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-line-height:115+ACUAOw- mso-ansi-language:EN-GB'+AD4-The information that relates to the drilling data and geological interpretations is based on information compiled by Michael Young who is a Member of The Australian Institute of Geoscientists and a Director of the Company.+ACY-nbsp+ADs- +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- line-height:115+ACU-'+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-line-height:115+ACUAOw- mso-ansi-language:EN-GB'+AD4-The information that relates to the Mineral Resource Estimate at +ADw-span class+AD0-SpellE+AD4-Outcamp+ADw-/span+AD4-, +ADw-span class+AD0-SpellE+AD4-Warrigal+ADw-/span+AD4- Well, and +ADw-span class+AD0-SpellE+AD4-Coongan+ADw-/span+AD4- Well has been compiled by Mr Richard Gaze who is a member of the Australasian Institute of Mining and Metallurgy and an employee of +ADw-span class+AD0-SpellE+AD4-Golder+ADw-/span+AD4- Associates. Both Mr Young and Mr Gaze have sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that they are undertaking to qualify as a Competent Persons as defined in the 2004 Edition of the ?Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves?. Mr Gaze and Mr Young consent to the inclusion in their names in the matters based on their information in the form and context in which it appears. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- line-height:115+ACU-'+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-line-height:115+ACUAOw- mso-ansi-language:EN-GB'+AD4AJg-nbsp+ADs-The information that relates to the Mineral Resource Estimate at Bonnie East has been compiled by Mr Michael Young who is a Member of The Australian Institute of Geoscientists and a Director of the Company. Mr Young has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that they are undertaking to qualify as a Competent Persons as defined in the 2004 Edition of the ?Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves?. Mr Young consents to the inclusion in their names in the matters based on their information in the form and context in which it appears+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- line-height:115+ACU-'+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-line-height:115+ACUAOw- mso-ansi-language:EN-GB'+AD4-The information that relates to the Ore Reserve has been compiled by Mr Blair Duncan who is an employee of the Company and a member of the Australasian Institute of Mining and Metallurgy, and Mr Pieter +ADw-span class+AD0-SpellE+AD4-Doelman+ADw-/span+AD4- who is a member of the Australasian Institute of Mining and Metallurgy and an employee of Coffey Mining Pty Ltd.+ACY-nbsp+ADs- Both Mr Duncan and Mr +ADw-span class+AD0-SpellE+AD4-Doelman+ADw-/span+AD4- have sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that they are undertaking to qualify as a Competent Persons as defined in the 2004 Edition of the ?Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves?. Mr Duncan and Mr +ADw-span class+AD0-SpellE+AD4-Doelman+ADw-/span+AD4- consent to the inclusion in their names in the matters based on their information in the form and context in which it appears.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom:6.0pt+ADs- line-height:115+ACU-'+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-line-height:115+ACUAOw- mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4-+ADw-b+AD4APA-span style+AD0-'font-size:9.0pt'+AD4-Ore Reserve +ADw-span class+AD0-SpellE+AD4-Estimate+ADw-/span+AD4- +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4APA-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- +ADw-span class+AD0-SpellE+AD4-Iron+ADw-/span+AD4- Ore Project 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style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-LOI+ADw-/span+AD4-) +ACo- 100+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-background:yellow+ADs-mso-highlight:yellow+ADs- mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-i+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-mso-ansi-language:EN-GB'+AD4-The resources are from the +ADw-span class+AD0-SpellE+AD4-Outcamp+ADw-/span+AD4- Well, +ADw-span class+AD0-SpellE+AD4-Warrigal+ADw-/span+AD4- Well and +ADw-span class+AD0-SpellE+AD4-Coongan+ADw-/span+AD4- Well deposits. The resources are signed off by Mike Young and +ADw-span class+AD0-SpellE+AD4-Golder+ADw-/span+AD4- Associates.+ACY-nbsp+ADs- The pit designs also contain 2.3 Mt of inferred resource at 56.8+ACU- Fe which was treated as waste during mine planning. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-GB style+AD0-'mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'margin-top:12.0pt+ADs-margin-right:0cm+ADs-margin-bottom: 12.0pt+ADs-margin-left:0cm'+AD4APA-b+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:9.0pt+ADs-mso-ansi-language: EN-GB'+AD4-April 2009 +ADw-span class+AD0-SpellE+AD4-Nullagine+ADw-/span+AD4- Iron Ore Project Mineral Resources+ACY-nbsp+ADs- +ADw-span style+AD0-'mso-spacerun:yes'+AD4AJg-nbsp+ADsAPA-/span+AD4-All 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