🕐29.07.11 - 08:27 Uhr

HODGES RESOURCES [ASX: HDG] - QUARTERLY REPORT JUNE 2011





Fortbridge Media Release

Hodges Resources [ASX: HDG] - Quarterly Report June 2011

Hodges Resources (ASX: HDG) reports on the quarter ended 30 June 2011.

Highlights:

* $8 million capital raised in April and May 2011.
* Hodges executed two definitive acquisition agreements on the Morupule South and Moiyabana Coal Projects in Botswana.
* Increase in the Moiyabana Coal Exploration Target estimate to between 1,400Mt and 1,650Mt.
* 4 drill rigs on site as resource definition drilling commences at Moiyabana Coal Project.
* Initial drilling reveals significant intercepts of coal at shallow depths.

Click here to view the full report:

For further Information, please contact:

Mark Major
Managing Director
Telephone: (+618) 9322 6412
Email:

Media enquires:
Fortbridge
+612 93310655
Luke Dean

+61 414 535 433
Bill Kemmery

+61 400 122 449




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