A-Cap Resources Limited

Wiluna Mining Corporation Limited (ASX:WMC) (FRA:NZ3) (OTCMKTS:WMXCF) is pleased to advise of the attached Resource Update announcement by our Joint Venture partner A-Cap Energy Ltd.

Last week in Broken Hill, an Australian mining town for the last 128 years, a band of dedicated miners and explorers got together for the inaugural Resources and Energy Symposium, a conference and seminar showcasing Australia's mining talent, new and old. As the demand for commodities ramps up, new mines and exploration projects are presented for a wide range of commodities including Iron Ore, Cobalt and Tungsten.

Asian Activities Report for May 3, 2011 includes: A-Cap Resources Limited (ASX:ACB) has increased the resource at its Letlhakane Uranium Project in Botswana by 65%; Tanami Gold NL (ASX:TAM) reported further high-grade intersections from Central and Western Tanami Projects; Teranga Gold Corporation (ASX:TGZ) reported new discovery at the Sabodala gold mine in Senegal; Sultan Corporation Limited (ASX:SSC) announced 9.2 million tonnes JORC compliant inferred resource of zinc, lead and copper at the MB Project in Montenegro.

Join us in Sydney on Tuesday the 22nd March and in Melbourne on Wednesday the 23rd March 2011 to hear from A-Cap Resources, Frontier Resources, Incremental Oil and Gas and Strike Resources.

The Australian stocks market ended with a two-week low on Friday due to uncertain domestic and overseas factors, including the weak US housing data and Europe fiscal health, and more importantly, Australia's proposed mining tax. The benchmark S&P/ASX200 index fell 66.7 points, or 1.5 per cent, to 4413, bringing this week's losses to 3.2 per cent. The broader All Ordinaries index plunged 64.7 points, or 1.4 per cent, to 4439.4.

Australian mineral exploration company A-Cap Resources Limited (ASX:ACB) has entered into a Memorandum of Understanding (MOU) with Korea Resources Corporation (KORES), in relations to the joint development of the Letlhakane uranium project in Botswana.

A-Cap Resources Limited (ASX:ACB) announce promising results have been received from drilling at the Gorgon North Prospect as part of a planned resource upgrade which will occur in the 2nd half of 2009.

A-Cap Resources Limited (ASX:ACB) announce promising results have been received from drilling at the Gorgon North Prospect as part of a planned resource upgrade which will occur in the 2nd half of 2009.

A-Cap Resources Limited (ASX:ACB) the ASX-listed company focused on advancing the Letlhakane Uranium Project in Botswana, takes pleasure in announcing the appointment of Mr. Paul Ingramas Non-Executive Director of the Company.

A-Cap Resources Limited (ASX:ACB) announce as forecast in the previous quarterly the first quarter 2009 expenditures were low due to an extended wet season in Botswana and the lack of drilling activity during the quarter. Total expenditure for the quarter was A$506,000 which included expenditure of the Environmental Impact Assessment ("EIA") and Water Study, site rehabilitation, assay and all overheads.