Golden Mile Resources Limited advised that reversecirculation "RC" drilling has commenced at its Yarrambee Project. The Company is planning to complete 10 drill holes for approximately 1600 m to test the following targets within the Narndee Cluster: Tank MLEM geophysical target Follow-up of the promising new copper and zinc mineralisation target horizon intersected at TBW prospect Narndee South, ND-4 and T5-9 MLEM targets as part of the Company's systematic program of testing high priority geophysical targets at Yarrambee Test three newly identified structural targets The 100% owned Yarrambee Project is located approximately 500 km north-east Perth within the Murchison region of Western Australia The project is prospective both VMS copper-zinc sulphide mineralisation and magmatic nickel-copper-PGE sulphide mineralisation. Historical and Company drilling to date has confirmed copper and zinc mineralisation associated with sulphide mineralisation within a volcano-sedimentary sequence that has some similarities with the Golden Grove VMS deposits located approximately 115km to the west.

The project also contains a large area of the Narndee Igneous Complex ("NIC"), a layered intrusion that historical work in the region has shown to be prospective for magmatic nickel sulphide mineralisation. Previously Golden Mile reported that a promising new target horizon, consisting of structurally controlled hydrothermal copper mineralisation, was intersected in initial drilling carried out at the TBW target which included 2m @ 2.29% Cu and 5.5 g/t Ag from 57m. The Company also reported that the drilling completed at the Tank target was inconclusive and more drilling required1.

The current planned drilling will include follow-up at TBW as well as attempt to conclusively test the high priority Tank target. The drilling will also continue the systematic testing of base metal (Cu, Ni, Zn, Pb) targets at Yarrambee identified in the previously announced airborne electromagnetic "AEM" and moving loop electromagnetic ("MLEM"). The Company will initially be sampling the holes in 4m intervals with selective 1m intervals where there are visual signs of possible mineralisation.

The 4m samples will be used to identify mineralised intervals for resampling at 1m for final assay results. The Company is anticipating approximately 10 days of drilling and up to 10 weeks for final assay results.