Drilling Update Maroochydore Copper JV Project
30 Octubre 2007 - 1:00AM
UK Regulatory
MURCHISON UNITED NL
ACN 009 087 852
ASX CODE: MUR, AIM CODE: MUU
Telephone: +618 9322 4071, Fax: +618 9322 4073
ASX, AIM and Media Release
30 October 2007
Drilling Update at Maroochydore Copper JV
* First 7 RC drill holes completed, with remaining 6 holes to be drilled once larger capacity rig
becomes available.
* Good copper intercepts from all 7 holes, including 7m @ 2.45% Cu.
* Assay results in line with expectations for this infill drilling of the existing JORC resource of
51Mt @ 1% Cu and 0.04% Co.
* 6 hole diamond drilling program planned to provide further infill drilling of the JORC resource
and obtain metallurgical test samples.
Murchison United NL (ASX: MUR, AIM: MUU) is pleased to announce results of recent drilling at the
Maroochydore Copper Joint Venture Project in Western Australia undertaken by the project operator, Aditya
Birla Minerals Limited (ASX: ABY).
The assay results are from the first 7 vertical drill holes of a planned program comprising 13 RC drill
holes for a total of 1,500 metres. This program is designed in part to provide infill drilling of the
existing JORC compliant resource at the Maroochydore Project of 51 million tonnes @ 1% Cu for 0.51 million
tonnes of contained copper and 20,000 tonnes contained cobalt (at 0.5% Cu cut-off). All RC holes are being
drilled within the existing resource boundary.
The results received positively demonstrate continuity of mineralisation within the small area drilled,
with copper grades in line with expectations.
Significant intercepts were returned from all holes as shown below:
Hole ID Easting Northing From (m) To (m) Width (m) Cu Co
(%) (ppm)
MRC0084 9499.8 49550 64 86 22* 0.90 493
MRC0085 9800 49448.5 43 98 55* 0.42 198
MRC0086 9500 49448.5 59 86 27* 1.24 436
MRC0087 9550 49448.5 69 95 26* 1.44 614
MRC0088 9700 49448.5 45 49 4 1.80 157
MRC0088 67 70 3* 0.89 110
MRC0089 9600 49548.5 63 68 5* 0.63 629
MRC0089 77 84 7* 2.45 99
MRC0090 9650 49550 62 75 13* 0.84 484
Notes: Intersections reported above a nominal 0.4%Cu cutoff.
* denotes wet samples contained within interval
The sampling interval was 1m down hole with samples analysed by ALS Chemex in Perth using ICP OES. Water
inflow problems encountered resulted in some wet samples being taken from each hole. These samples were
spear sampled while the dry samples were riffle split.
It was not possible to complete the planned drilling program at this time due to the limited availability
of the drill rig. Furthermore, as a result of drilling difficulties encountered due to water inflow, it has
been decided to complete the remaining 6 holes using a larger capacity RC drill rig when one becomes
available.
A six-hole diamond drilling program has also been planned for further infill drilling and to obtain samples
for metallurgical test work. The timing of this program is also dependent on rig availability.
Information on future drilling activities at Maroochydore will be released to the market when it becomes
available.
The Maroochydore Copper Project is strategically located 100km southeast of Aditya Birla's Nifty Copper
Mine, near Telfer, in the Pilbara Region of Western Australia.
Murchison United NL is an Australian-based no liability company whose principal activity is minerals
exploration. The company currently has uranium exploration projects in Mauritania and Guinea in West Africa
and copper interests in the Millennium copper leases in Cloncurry, Queensland and the Maroochydore copper
project in Western Australia.
Shares in the company are listed on both the Australian Stock Exchange (ASX - MUR) and the Alternative
Investment Market (AIM - MUU) of the London Stock Exchange.
Please call Mark Reilly with any queries.
..........
Mark Reilly
Managing Director
Murchison's Nominated Advisor for the AIM market is RFC Corporate Finance Ltd.
Contact: Stuart Laing, Ph: +618 9480 2506
The information on Mineral Resources for the Maroochydore project has been reproduced from the public
reporting on the project's Mineral Resource's by the project operator, Aditya Birla Minerals Ltd (ASX:
ABY). This reported Mineral Resource was signed off for Aditya Birla Minerals Ltd by Mr Ian Glacken of
Snowden Mining Industry Consultants.
The information in this announcement that relates to exploration results is based on information supplied
by the project operator, Aditya Birla Minerals Ltd (ASX: ABY) through their Group Exploration Manager,
Steve Oxenburgh MAusIMM, who is a full time employee of ABML and is a Competent Person as defined in the
2004 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore
Reserve'. Mr Oxenburgh consents to the inclusion in this report of the matters based on their information
in the form and context in which it appears.
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