Padbury Mining Limited (ASX:PDY) Receive Work Approval For Telecom Hill Iron Drilling Program

Perth, May 12, 2011 AEST (ABN Newswire) - 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.

This work will be directed at increasing the existing 850mt Inferred JORC Resource at 27.3% Fe and to upgrade from the Inferred to Indicated category for some of the mineralisation assessed previously by CSA Global.

The proposed drilling program will cover some 39 holes.

As previously advised, in order to ensure that no time is lost, interest from drilling contractors has been sought with a view to commencing drilling as soon possible.

For the complete Padbury Mining announcement including figures, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/541536.pdf

Contact

Gary Stokes Managing Director Aurium Resources Limited Tel: +61-8-6460-0250 Terry Quinn Managing Director Padbury Mining Limited Tel: +61-8-6460-0250