Cloudified Holdings Limited Regulatory News (CHL)

1 Jun 2005 08:58

Churchill Mining plc01 June 2005 Churchill Mining Plc locates further priority manganese targets at South WoodieWoodie HIGHLIGHTS: • A regional exploration review of Churchill's northern land holding has located several new manganese targets located in favourable structural and lithological settings. • A similar targeting process for the company's southern ground position is now underway. • First drilling is planned to begin in August 2005. Churchill Mining Plc is pleased to announce that results from the company'sRegional Targeting Study over the northern portion of its South Woodie WoodieManganese Project has identified several new priority targets. Perth-based geological consultancy group Ravensgate Pty Ltd completed the studyutilising geophysical and remote sensing data, aerial photography and fieldmapping. This preliminary work has identified that key parameters exist withinChurchill's ground that are considered important controls to known manganesemineralisation within the East Pilbara Manganese Province, namely prospectivestructural orientations and favourable lithological host rocks includingdolomite and shale. In total the company has identified seven new anomalies for further follow-upwork. At the Disraeli Anomaly, areas of surficial manganese proximal to structurallydisrupted dolomite outcrop have been identified, and the anomaly is consideredto be a high priority target. Two other anomalies, Pelham and Wilson, occur aslarge areas of surficial manganese approximately 3-4km north of the EnacheddongCreek Prospect and require immediate further investigation. Targeting work over the southern portion of the South Woodie Woodie Project areais currently underway. When complete, all identified target areas will beprioritised and inspected in the field prior to initial drill testing scheduledfor August 2005. Churchill Mining's South Woodie Woodie project is situated in the highlyprospective East Pilbara region of Western Australia. The company's projectcomprises of 490 square kilometers of tenements, granted or under application,details of which can be found at www.churchillmining.com For further information please contact - Churchill Mining PlcPaul Mazak - Joint Managing DirectorTel: +61 (0) 419 906 060James Hamilton - Joint Managing DirectorTel: +61 (0) 402 186 106 Ruegg & Co LimitedBrett MillerTel: 020 7584 3663 Midas Investment Management LimitedMark SheppardTel: 0870 121 1445 The information in the announcement above is based on information compiled by MrL. Thorne, Geological Services Manager at Ravensgate Pty Ltd, who is a Member ofThe Australian Institute of Mining and Metallurgy, with over 14 years experiencein the mining industry. Mr Thorne qualifies as a Competent Person as defined inthe 1999 edition of the "Australian Code for Reporting of Mineral Resources andOre reserves". Mr Thorne consents to the inclusion in this announcement of the matters based onhis information in the form and context in which it appears above. This information is provided by RNS The company news service from the London Stock Exchange