🕐24.09.10 - 10:54 Uhr

New copper mineralisation and new deal!



Ladies and Gentlemen
These have been very exciting weeks for Copper Strike on several fronts.
1) New Copper Mineralisation at Kaiser Bill and Galatea - An ASX Release has been attached which details the new drilling which has confirmed the continuation of the Kaiser Bill mineralisation down-dip and 150 metres to the southwest.

In addition we are getting very excited about Galatea, between Kaiser Bill and Chloe, which shows lots of new potential to be a significant Cu-Au prospect. 2) Teck Agreement - Perhaps even more important to Copper Strike is the recent deal which we have signed with Teck Australia Pty Ltd, our original cornerstone investor.

Teck has now become an even bigger shareholder with 16.7% of Copper Strike, because of the 13 million shares that we have issued to them in exchange for them removing their claw-back rights to future discoveries and their first right of refusal to concentrate marketing.

This agreement, while maintaining Teck as a valued shareholder, effectively changes Copper Strike into a fully independent company that is now in charge of its own destiny for the first time. 3) Presentation in Sydney - I gave a presentation at the Excellence in Exploration and Mining Conference in Sydney this week about the path forward for Einasleigh.

The talks dialogue and the slides of the presentation are available on Boardroomradio at http://www.brr.com.au/event/68926 .

In addition, a pdf of the presentation is available on the Copper Strike website, www.copperstrike.com.au . 4) Annual Report - The Annual Report is now ready and a hard copy is being posted to all shareholders who asked for one.

A copy has now also been posted on the Copper Strike website. 5) New Brochure - A new version of the Company brochure has been produced.

It is attached to this email.
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Regards
Tom Eadie Managing Director Copper Strike Limited Level 9 - 356 Collins Street Melbourne VIC 3000 Ph 0419 880333 or (03) 96400955 Facsimile (03) 96420698 www.copperstrike.com.au ABN 16 108 398 983



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