Padbury Mining Limited

Padbury Mining Limited (ASX:PDY) is hosting a six-member delegation visit by China's Taifeng Group Co Ltd (Taifeng) as part of due diligence on an offer for a stake in the Company as announced to the ASX on 28 April 2011.

Padbury Mining Limited (ASX:PDY) and its joint venture partner Aurium Resources (ASX:AGU) have appointed contract geologists CSA Global to undertake a concept study on the Company's highly prospective Peak Hill Iron Joint Venture in Western Australia's Mid West region.

The joint venture partners Padbury Mining Limited (ASX:PDY) and Aurium Resources (ASX:AGU) are pleased to announce that they have received approval from the Department of Mines and Petroleum to conduct 3,900 metres of in-fill drilling at Telecom Hill. A heritage survey was completed last week and upon receipt of approval from the JidiJidi this tenement (E52/1557) will be ready for drilling.

Following the recent highly successful geological mapping program conducted on the Peak Hill project near Mt Padbury within exploration licence E52/2279 which highlighted two deposits of high grade haematite-goethite mineralisation the joint venture partners Padbury Mining (ASX:PDY) and Aurium Resources (ASX:AGU) are pleased to announce that they will be undertaking a heritage survey of the tenement commencing 2 May 2011 in readiness for the first drilling program on Mt Padbury.

Asian Activities Report for March 29, 2011 includes: Padbury Mining Limited (ASX:PDY) announced 850Mt maiden JORC Inferred Resource for the Telecom Hill Deposit at its Peak Hill Iron Ore Project; Universal Coal plc (ASX:UNV) discovered a thick coking coal zone in South Africa; Interra Resources Limited (ASX:ITR) completed drilling on CHK 1161 Development Well in Myanmar; Mindoro Resources Limited (ASX:MDO) (CVE:MIO) announced high grade gold and copper results at Pan de Azucar Project in the Philippines.

Australian Market Report of February 9, 2011 includes: SomnoMed Limited (ASX:SOM) announced that oral appliance treatment is now reimbursable for Medicare patients in the US; Padbury Mining Limited (ASX:PDY) discovered high-grade haematite mineralisation in Western Australia; Highlands Pacific Limited (ASX:HIG) today reports a 79% increase in resource tonnage at its Frieda Horse Ivaal Trukai project in Papua New Guinea; Zenith Minerals Limited (ASX:ZNC) announced results from Mount Alexander Magnetite Iron Project.

Padbury Mining Limited (ASX:PDY) is pleased to announce the completion of the recent desktop analysis which has resulted in the estimation of a substantial magnetite iron ore target of 5,500 - 6,500 Mt(2) at an expected grade of between 30-40% Fe. Prior drilling of the target magnetite-enriched horizons has shown intersection widths and grades comparable to those used to support the estimate.

Padbury Mining Limited (ASX:PDY) announce five main target areas were drilled across the 70 km prospective strike length of two different Banded Iron Formations (BIF), namely, Telecom Hill (Padbury Formation BIF), Peak Hill, Mt Beazley, Horseshoe and Fortnum (Horseshoe Formation BIF). Results have indicated significant thicknesses of Direct Shipping Ore (DSO) grade material at Telecom Hill.