INTERVIEW WITH TOM EADIE, EXECUTIVE DIRECTOR, COPPER STRIKE LIMITED (CSE)

“Best Zone of Mineralisation Ever at Chloe”

http://www.brr.com.au/event/48695

FRIDAY, JULY 25, 2008, 2:45 PM

BRR Today, Boardroom Radio speaks with the executive chairman of Copper Strike Limited, Mr. Tom Eadie. Welcome to Boardroom Radio, Tom.

10 CSE Thank you.

BRR Tom, certainly some strong results from Kaiser Bill and the best ever results you've achieved at Chloe to date.

CSE Very exciting, we've been drilling steadily for the last few months and it's

15 great to be able to release a few things now that we've got the asset back. The Kaiser Bill results are really encouraging and we've clearly got a thick medium grade zone going down to, you know, pretty good depths but also within that zone, there seems to be some real high grade 2/3 and 4% material. So it's pretty exciting for us right now because we don't know where

20 it will lead us

BRR And, Tom, why the particular focus on Kaiser Bill?

CSE Well, price of copper, everybody is, for one, it's very high right now and also, people think that it'll be higher for quite a while into the future now. So we

25 have a big resource at Kaiser Bill, we have nice high grade resource of Einsleigh and out models just show that to keep the operation up would be better to start with the copper than with the lead zinc. Not to say that we're not very interested in the lead zinc and this Chloe result. Again, you know, the best one ever, 99th hole and we get the best result we've ever had so that's

30 also very exciting.

BRR Tom, some great results today. What can we expect from Copper Strike?

CSE Well, we're continuing with our drilling program so it'll certainly be quite a few more holes at Kaiser Bill then we move to our best copper prospect. It isn't

35 yet a resource and that's at Teasdale. So we'll be drilling four holes there and we're looking forward to that. So we're going to fly half the license; half we have applied already with Airborne Electromagnetics and we expect to get some big targets down in the western part of the lake so that should be very exciting.

40

BRR That's Tom Eadie, something to look forward to from the company. Thanks for updating up today on Kaiser Billl and Chloe.

CSE Just one other thing I'd like to add Terence. We appointed the general manager of the Einsleigh operations today and his name is Joel Ray, vastly

45 experienced mining engineer and it just shows our confidence in his. That project is going to be a good winner in the next couple of years.

BRR Tom, thanks for the update.

CSE Thanks, Terence.

INTERVIEW CONCLUDED

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