🕐15.12.09 - 00:19 Uhr

Icon Resources [III] - Drilling has commenced at Mt Carbine



Icon Resources Ltd
ACN 115 009 106
Suite 404, 25 Lime Street, Sydney NSW 2000.

Telephone: +61 2 9279 1252 Facsimile: +61 2 9279 2727
15th December, 2009
ASX Announcement
Drilling Has Commenced at Mt Carbine
Icon Resources Ltd (‘Icon") is pleased to provide the following update on the Company"s activities.
Mt Carbine Tungsten Project, N Qld (III 100%)
Drilling has commenced at Mt Carbine, starting with testing of the Iron Duke scheelite zone.

The results
of the drilling will be used to extend and better define the resource at Mt Carbine.

It is anticipated that
around 5000m of core will be drilled during the program.
Icon exploration manager Darcy Milburn (left)
and managing director, John Bishop examining
HQ core from CB51 which is collared ~200m
northeast of the Mt Carbine open cut.
Scheelite in a narrow vein above the Iron Duke
target zone for DDH CB51.
Dr John Bishop
Managing Director
Information in this report that relates to Exploration Results is based on information compiled by Dr John Bishop, who is a member of the
Australian Institute of Geoscientists.

John is a full-time employee of Icon and has sufficient experience relevant to the styles of
mineralisation and types of deposits under consideration and to the activity he is undertaking to qualify as a Competent Person as defined
in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".

Dr Bishop
consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.




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