Padbury Mining Limited (ASX:PDY) Commences Iron Ore Drilling at Telecom Hill

Perth, Sep 30, 2011 AEST (ABN Newswire) - Padbury Mining Limited (ASX:PDY) and joint venture partner Aurium Resources Limited (ASX:AGU) are pleased to announce that drilling commenced at Telecom Hill last Wednesday. This drilling program is the first aimed at the JV's DSO exploration target of 10-55Mt at 55-58% Fe'.

The first hole was collared on a tight, steep pad on the west side of the Telecom Hill East prospect and went to 216 metres. Logging & sampling was completed for all metres drilled.

The rig vehicles are 8WD that enable access into the difficult terrain and we expect good metre advances over the coming weeks.

The JV Partners will provide a further update next week, including maps of the drilling program when our geologist returns from site.

Contact

Padbury Mining Limited Tel: +61-8-6460-0250 http://www.padburymining.com.au