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Spread: 1.00 (4.00%)
Market Cap: £113.80m
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Drilling Report

15 Dec 2006 09:00

Berkeley Resources Limited15 December 2006 15 December 2006 COMMENCEMENT OF DRILLING The Directors of Berkeley Resources Limited (AIM: BKY.L) are pleased to advisethat a program of approximately 5,000m of diamond and RC drilling has commencedon the Company's Salamanca I project, mainly focused on the Retortillo deposit. Initial drilling at Retortillo is aimed at verifying the assay and geologicalintegrity of previous drilling, and providing an early assessment of areas wheremineralisation appears to be open, both laterally and at depth. As assessment ofENUSA's detailed database for the project proceeds, additional drilling will beaimed at providing the required degree of confidence in the distribution andgeology of the mineralisation that precedes calculation of a JORC compliantresource. The Company also expects to mobilise a second drill rig on its Caceres projectsin the New Year, with a further 10,000m of drilling budgeted in that Province. The technical content of this report has been reviewed and approved by Mr PeterEllis, a Member of The Australian Institute of Mining and Metallurgy and anemployee of Berkeley Resources Limited. Mr Ellis has sufficient experience whichis relevant to the style of mineralisation and type of deposit underconsideration and to the activity which he is undertaking to qualify as aCompetent Person as defined in the 2004 Edition of the 'Australasian Code forReporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Ellisconsents to the inclusion in the report of the matters based on his informationin the form and context in which it appears. Enquiries: Perth: Matt Syme Telephone: +61 8 9322 6322 Managing Director Facsimile: +61 8 9322 6558 Email: info@berkeleyresources.com.au This information is provided by RNS The company news service from the London Stock Exchange
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