Angas Zinc Mine Resources and Reserves

Resources and Reserves

Ore Reserves and Mineral Resources (April 2009) are as shown in the folowing tables. 

Ore Reserves

Mt

%Zn

%Pb

%Cu

Ag (g/t)

Au (g/t)

ZnEq %

Probable

2.15

7.55

2.91

0.24

31

0.48

Total

2.15

7.55

2.91

0.24

31

0.48

Mineral Resources

Mt

%Zn

%Pb

%Cu

Ag (g/t)

Au (g/t)

ZnEq %

Indicated

0.29

2.9 

1.39 

0.14

16

0.34

Inferred

0.24

3.7 

1.9 

0.1

24

0.4

Total

0.53

3.3 

1.6 

0.1

20

0.4

Refer to the Second Quarter Report of 2009 for further details.

Angas Mine Reserve, Resources and mine development as at 30 April 2009

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Angas Mine Reserve, Resources and mine development as at 30 April 2009

Exploration potential around the Angas Zinc Mine

Terramin's Fleurieu tenements are considered highly prospective for additional mineralisation capable of extending the life of the Angas Zinc Mine.  Good potential exists at depth and along strike at Angas and 20 prospects have been identified on the remaining tenements which are being progressively explored.