The Board of Kidman Resources Limited announced that the first pass of its exploration program at the Bounty prospect, 3.5km south-east of the world-class Earl Grey lithium deposit, has intersected multiple pegmatites enriched in lithium and tantalum. The intersections at Bounty have demonstrated geological and mineralization continuity, and will be tested further with a follow-up program in 2018 with the aim of defining a second Mineral Resource at the Mt Holland Integrated Lithium Project. Significant intercepts of lithium and tantalum in Bounty's KBYD001 and KBYD002 include: 17.6m @ 1.67% Li2O from 146m, incl. 9.65m @ 2.34% Li2O from 151m (KBYD001); 4.0m @ 1.38% Li2O from 63.2m, (KBYD001); 3.7m @ 1.35% Li2O from 92.1m (KBYD001); 1.2m @ 1.02% Li2O from 61.6m (KBYD001); 1.1m @ 1.28% Li2O from 97.6m (KBYD001); 2.3m @ 1.39% Li2O from 108.8m (KBYD001); 5.9m @ 0.85% Li2O from 206.0m (KBYD001); 3.0m @ 1.39% Li2O from 225.0m (KBYD001); 2.5m @ 1.38% Li2O from 325.5m (KBYD001); and 65.0m @ 138ppm tantalum (Ta) from 78.0m (KBYD002). Structural data generated from the first-pass exploration program has allowed the pegmatite and mineralization model at Bounty to be refined. Further drilling in the 2018 program is designed to define the pegmatite body with the expectation of delivering a maiden Mineral Resource at the Bounty prospect. The intercepts at Bounty have demonstrated a more complex style of mineralisation, with both lithium and tantalum zones intersected. These results also add to the understanding of the broader fractionation and zonation trends within the Mt Holland Pegmatite Field. All of this information will contribute to vectoring on prospective pegmatite occurrences during the 2018 regional exploration program.