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From: B-Haile (eritrea.lave@comhem.se)
Date: Wed Dec 15 2010 - 01:47:07 EST
South Boulder Mines Ltd
ASX Release
15 December 2010
DRILLING DEFINES ADDITIONAL SHALLOW POTASH AT COLLULI
- Diamond core drilling intersects additional potash in holes Col-009 and Col-010;
- The results further confirm the initial exploration target of 300-500Mt of potash ores with average grades of 21-25% KCl. (To comply with the JORC Code, the following statement must be read proximal to the stated exploration target above; The potential quality and grade of the Colluli exploration target is conceptual in nature and there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in
the determination of a Mineral Resource)
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