Extensive End of Hole Copper Mineralisation at BM7

• 15m @ 0.46% copper and 412ppm cobalt from 28m to EOH • 2m @ 0.61% copper and 804ppm cobalt from 32m to EOH • Gossanous ex-sulphide textures identified in EOH samples • RC drilling to commence targeting areas of stronger copper mineralisation identified in the aircore program • Assay results from aircore lines two and three are expected to be received later in November 2012 The directors of Encou