Fortbridge Media Release

HILLGROVE RESOURCES LIMITED [HGO] - KANMANTOO ORE RESERVE 25% INCREASE IN CONTAINED COPPER

Hillgrove Resources Limited (ASX:HGO) advises that a new Ore Reserve estimate has been prepared for the Kanmantoo Copper Mine in accordance with The JORC Code 2012 Edition, with the following highlights:

* Increase in In Situ Ore Reserve to 20.7Mt @ 0.73% Cu, 0.18g/t Au and 1.9g/t Ag
* Increase in Total Ore Reserve (including stockpiles) to 22.1Mt @ 0.71% Cu, 0.18g/t Au and 1.9g/t Ag
* 25% increase in total Reserves of contained copper to 157k tonnes
* 58% Increase in total Reserves of contained gold to 128k ounces
* 8% Decrease in total Reserves of contained silver to 1.35M ounces.

The new Ore Reserve shows an increase in both the reserve confidence and contained metal when compared to the May 2010 Ore Reserve, and after taking into account reserve depletion from mining. The total Ore Reserve now stands at 22.1Mt at 0.71% copper, 0.18g/t gold and 1.9g/t silver for contained metal of 157k tonnes (346Mlbs) of copper, 128k ounces of gold and 1.35M ounces of silver.

Please view the attached announcement for further information and contact details.