Lord Resources Limited provided an update on RC drilling at the Horse Rocks Lithium Project (E15/1770), located 20km south of Coolgardie, in Western Australia. The Project is within 8km's of Mineral Resources Limited Mt Marion Lithium Mine. The ground surrounding the Horse Rocks Lithium Project is held by Mineral Resources (E15/1599, EEL53, EEL59) and Essential Metals Limited (E15/1710).

DRILLING PROGRAM: A first pass RC drilling program has been designed to test the potential of lithium mineralisation within the Horse Rocks Lithium Project. To date, a total of 32 drillholes (for 2,560 m) have been completed over the largest geochemical anomaly. Assays are expected in approximately 2 to 3 weeks.

All drillholes have intercepted pegmatites dipping shallow towards the east, with multiple pegmatites of over 20m width encountered. The drilling program is planned at five areas of high priority geochemical anomalism, where multiple pegmatite swarms have been mapped at surface. This drilling program is the first lithium targeted sub-surface exploration within the Project.

The drilling to date has demonstrated a series of shallow east dipping pegmatites that vary from 1m to 27m width (downhole). Some pegmatites demonstrate internal zonation, with quartz cores evident. Located 20km south of Coolgardie in Western Australia's Eastern Goldfields, the Horse Rocks Lithium Project comprises a 23.8km2 exploration licence (E15/1770), 8km west of Mineral Resources' Mt Marion Lithium Mine (51.4MT @ 1.45% Li2O).

The Horse Rocks Project lies within a folded portion of an isolated greenstone belt, within the Coolgardie Domain of the Yilgarn Craton. The greenstone belt is comprised of high- magnesium basalts, gabbroic sills and komatiite sequences. The granodiorite Depot Dome is to the immediate east of the greenstones and is the interpreted source of the many pegmatite intrusions within the tenure.

The Horse Rocks Project is considered prospective for pegmatite hosted lithium, nickel sulphide and orogenic gold mineralisation. Historical drilling has identified elevated nickel within the ultramafic sequences, along with gold anomalism in surface sampling. The lack of any exploration for lithium provides an untested conceptual opportunity for Lord Resources.