🕐26.08.09 - 02:57 Uhr

HAOMA MINING NL [HAO] - MT WEBBER FINAL HEMATITE RESULTS



Haoma Mining NL
A.B.N 12 008 676 177
Registered Office & Head Office:
Level 1, 401 Collins Street, Melbourne, Vic., 3000, GPO Box 2282U, Melbourne, Vic., 3001.
Telephone (03) 9629 6888, Facsimile (03) 9629 1250
Email: Website: www.haoma.com.au
Perth Office:
Suite 22 Piccadilly Square 7 Aberdeen Street, Perth, W.A.

6000
Tel: (08) 9325 4899
Fax: (08) 9221 1341
August 26, 2009
Company Announcements Office
Australian Stock Exchange
Level 45, Rialto South Tower
525 Collins Street
MELBOURNE VIC.

3000
BEST INTERSECTIONS TO DATE IN FINAL MT WEBBER
HEMATITE RESULTS
Haoma Mining (25%) and Giralia Resources (75%)
Dear Sir,
• Final assays received for the last 5 holes from initial iron ore drilling at Mt Webber.
More thick high grade low alumina intersections, including best results yet;
o Hole RCDW036; 68m @ 60.9% Fe, 0.7% Al2O3 from surface,
o Hole RCDW038; 38m @ 58.3% Fe, 0.6% Al2O3 from 4 metres depth,
o Hole RCDW040; 64m @ 55.6% Fe, 1.5% Al2O3 from surface,
including; 30m @ 60.1% Fe, 1.0% Al2O3
• Every hole on the main hill returned a significant hematite intersection.
• Database and interpretation is being finalised for an initial resource estimate and Scoping Study.
• There are nearby areas with the potential to expand the mineralised zone.
The Directors of Haoma Mining NL are pleased to report final assay results from initial drilling of the
main southern hill at the Mt Webber iron ore prospect.

Mt Webber is part of the Company"s Daltons
Joint Venture (Haoma 25% interest with Giralia Resources NL ("Giralia") 75% interest), located 150
kilometres south of Port Hedland in the Pilbara region of Western Australia.

Haoma retains rights to
100% of the gold/silver and tin/tantalum mineralisation.
A substantial zone of strong hematite enrichment has been defined by the Daltons JV at Mt Webber,
directly adjoining Atlas Iron Limited"s ("Atlas") Mt Webber prospect.

Atlas recently reported an
initial resource estimate of 32.62 million tonnes @ 57.3% Fe on its tenement at Mt Webber.
Assay results previously reported on July 31, 2009 (www.haoma.com.au/2009/Haoma_Q4_2008-
09_Activities_Report.pdf) and August 18, 2009 (www.haoma.com.au/2009/Haoma_ASX_18_Aug_09.pdf)
and on August 24, 2009 (www.haoma.com.au/2009/Haoma_ASX_24_Aug_09.pdf) from the main
southern hill on the Giralia/Haoma Daltons JV tenements include; 70 metres from surface @ 58.4%
Fe, including 54 metres @ 60.9% Fe, 1.5%Al2O3, 52 metres @ 60.5% Fe 1.3% Al2O3 from 4
metres depth, and 60m @ 58.6% Fe from surface, including 44m @ 60.1% Fe, 1.7% Al2O3.
The low alumina mineralisation starts at or near surface, and appears to be a flat lying hematitegoethite
enrichment cap up to 70 metres thick.

Additionally, earlier drilling of the smaller northern
hill returned results including 16 metres @ 58.5% Fe, and 34 metres @ 55.1% Fe.
New results just received for the final 5 holes of the initial drilling program on the main southern hill
include Hole RCDW036; 68m @ 60.9% Fe, 0.7% Al2O3 from surface, and 64m @ 55.6% Fe,
1.5% Al2O3 from surface including 30 metres @ 60.1% Fe (see Table 1 overleaf).
2
Giralia"s Chairman Graham Riley made the following comment regarding the latest Mt Webber results:
"The outstanding results received from this initial drilling program at Mt Webber, with every hole
drilled returning significant hematite mineralisation, is a fantastic result for Giralia shareholders
and a credit to the Company"s small dedicated technical team.

This discovery, with its thick ore
zones and low alumina, covers only a portion of the potential iron ore mineralisation in the area,
and we are confident of further discoveries.

Critically the deposit is very close to surface, with
minimal requirement for waste removal, and the deposit is located close to port, road and rail.
Completing a preliminary Mineral Resource estimate is now a priority for the Company, and a
necessary first step to allow us to progress discussions on access to infrastructure and
development."
Final database validation and interpretation are close to completion, following which an initial
resource estimate will be commissioned incorporating all drilling data from this first drill phase.
Additionally a scoping level mining study will investigate development options.
The information in this report that relates to Exploration Results is based on information compiled by R M Joyce,
who is a Member of the Australasian Institute of Mining and Metallurgy and a full time employee of the Company.
Mr Joyce has sufficient experience which is relevant to the style of mineralisation and type of deposit under
consideration and to the activity which 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".

Mr
Joyce consents to the inclusion in the report of the matters based on the information in the form and context in which
it appears.
Figure 1: Location plan Daltons JV tenements 100 % Haoma"s Soansville Mining Leases
(M 45/780, M 45/847)
3
Table 1: Intersections Mt Webber (main) Southern Hill, RC drilling July-August 2009
Hole No
Coordinates
East North
MGA94_50 Dip/Az Depth
(m)
From
(m)
To
(m)
Interval
(m)
Fe
(%)
P
(%)
SiO2
(%)
Al2O3
(%)
LOI
*RCDW017 738861 7617251 60/90 76 2 34 32 58.4 0.05 6.8 1.7 7.4
*RCDW018 738953 7617244 60/90 88 0 58 58 58.3 0.11 4.4 1.9 9.4
incl.

6 56 50 59.6 0.11 3.1 1.4 9.2
*RCDW019 739050 7617249 60/90 88 0 82 82 55.1 0.07 8.9 1.8 8.9
incl.

16 66 50 57.9 0.07 5.6 1.8 8.5
#RCDW020 739156 7617245 60/90 106 14 66 52 58.7 0.11 3.2 1.7 10.2
and 78 86 8 55.6 0.06 12.15 0.8 6.7
#RCDW021 739260 7617247 60/90 118 0 60 60 58.6 0.10 6.1 1.7 7.8
incl.

14 58 44 60.1 0.11 3.6 1.7 8.4
#RCDW022 739307 7617348 60/90 100 0 70 70 58.4 0.09 6.7 1.6 7.4
incl.

16 70 54 60.9 0.10 3.2 1.5 7.7
incl.

26 54 28 63.3 0.10 1.7 1.0 6.9
and 86 100 14 51.7 0.02 18.5 0.5 5.9
#RCDW023 739205 7617356 60/90 106 0 40 40 57.0 0.07 8.7 1.3 6.9
incl.

6 34 28 58.9 0.07 6.3 1.1 6.8
#RCDW024 739106 7617350 60/90 100 0 34 34 57.9 0.06 8.6 1.7 6.0
incl.

0 30 30 59.0 0.06 7.0 1.9 6.0
#RCDW025 738995 7617363 60/90 106 2 20 18 56.2 0.11 7.5 4.0 7.2
incl.

12 20 8 61.5 0.15 4.1 1.2 6.7
and 26 44 18 59.0 0.15 5.4 1.4 8.5
#RCDW026 739334 7617446 60/90 130 4 56 52 60.5 0.10 4.9 1.3 7.2
incl.

8 56 48 61.3 0.10 3.9 1.3 7.2
and 82 100 18 54.8 0.01 15.0 0.3 5.6
#RCDW027 739265 7617445 60/90 124 4 52 48 59.2 0.1 5.4 1.5 7.5
and 96 102 6 52.5 0.02 19.3 0.3 4.9
^RCDW028 739324 7617544 -60/90 123 14 66 52 59.2 0.09 5.3 1.2 7.9
and 82 108 26 56.8 0.04 10.2 0.4 6.3
incl.

84 104 20 58.4 0.03 8.5 0.4 6.1
^RCDW029 739160 7617447 -60/90 106 0 34 34 59.2 0.08 5.9 1.0 7.5
^RCDW030 739196 7617546 -60/90 100 0 42 42 56.2 0.08 7.9 1.1 9.1
^RCDW031 739053 7617449 -60/90 106 8 14 6 58.5 0.08 7.1 1.5 7.2
and 24 38 14 59.4 0.16 3.5 1.9 8.6
^RCDW032 738952 7617459 -60/90 124 10 48 38 58.6 0.07 6.6 1.5 7.3
^RCDW033 739125 7617645 -90 112 4 64 60 54.6 0.13 10.5 0.8 9.1
incl.

30 48 18 58.5 0.15 5.7 0.8 9.1
^RCDW034 739229 7617864 -60/90 88 0 44 44 52.8 0.10 12.6 1.1 9.5
^RCDW035 739221 7617761 -90 106 0 22 22 57.7 0.12 5.2 1.1 10.0
RCDW036 739311 7617672 -60/90 124 0 68 68 60.9 0.09 3.7 0.7 7.8
RCDW037 739224 7617668 -60/90 100 0 46 46 57.9 0.12 6.6 1.1 8.7
RCDW038 739183 7617682 -60/90 76 4 42 38 58.3 0.10 4.8 0.6 10.2
RCDW039 739105 7617544 -60/90 106 14 34 20 56.0 0.08 9.4 1.9 7.6
incl.

22 34 12 62.2 0.09 2.7 1.1 7.0
RCDW040 739009 7617558 -60/90 118 0 64 64 55.6 0.09 9.9 1.5 7.8
incl.

20 50 30 60.1 0.1 4.0 1.0 7.8
*Holes RCDW017,018 and 019 reported 3 August 2009.

#Holes RCDW020 to 027 reported 18 August
2009.^Holes RCDW 028 to 035 reported 24 August 2009.

RC drill samples collected as 2m composites.
Intersections quoted using lower cut-offs of 50% Fe.

All coordinates in MGA Zone 50 GDA 94, by hand held
GPS (± 5m).

XRF analyses by Spectolab Laboratory Geraldton.

QA/QC included typically field duplicate
samples and two standards (Certified Reference Material), comprising one coarse standard and one
pulverised standard for each drill hole.
4
Figure 2: Daltons JV Mt Webber Iron Ore Prospect.

JV Tenements in Yellow
Included in Figure 2 above and shown in Table 2 below are significant surface rock sample results
reported to the ASX on August 8, 2008.

(www.haoma.com.au/2008/Haoma_ASX_08_Aug_08_Daltons_JV.pdf)
Figure 3: Mt Webber Cross Section
5
Table 2: Assay Results From Rock Samples at Daltons JV (July 2008 Helicopter Supported Sampling)
Sample East North Datum Fe% SiO2% Al2O3% P% S% LOI%
HS052 737144 7617753 GDA94/50 32.5 46.9 2.1 0.04 0.06 4.0
HS177 738153 7617830 GDA94/50 19.5 66.5 1.62 0.12 0.08 2.38
HS176 738203 7617811 GDA94/50 40.3 34.5 1.29 0.07 0.03 6.21
HS175 738233 7617854 GDA94/50 36.7 40.8 2.16 0.04 0.04 3.92
HS180 738520 7618794 GDA94/50 49.2 18.5 2.29 0.13 0.04 7.98
HS059 738530 7618197 GDA94/50 63.7 2.7 1.29 0.11 0.04 5.33
HS181 738552 7618764 GDA94/50 48.1 10.1 9.48 0.05 0.06 10.2
HS182 738565 7618744 GDA94/50 49.2 7.1 9.65 0.09 0.07 11.28
HS113 738573 7618223 GDA94/50 63.3 2.3 0.72 0.07 0.03 7.63
HS057 738660 7618362 GDA94/50 62.2 1.8 2.04 0.13 0.07 6.32
HS058 738694 7618388 GDA94/50 56.5 2.7 2.25 0.13 0.02 11.35
HS178 738907 7618714 GDA94/50 29.8 51.1 1.71 0.07 0.04 4.75
HS179 738945 7618699 GDA94/50 49.3 18.6 2.27 0.13 0.04 8.42
HS055 739293 7619223 GDA94/50 59.7 2.2 0.53 0.44 0.02 10.77
HS056 739299 7619200 GDA94/50 54.9 7.0 5.33 0.29 0.05 8.01
For further information, please contact:
Gary Morgan: Chairman +613 9224 5213 (W)
+61 411 129 094 (M)
Yours sincerely,
Gary C.

Morgan
Chairman




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