Minotaur Exploration Limited Audio Interview With Exploration Director Antonio Belperio

09:14 AEST Sept 25, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.

Adelaide, Australia (ABN Newswire) - Minotaur Exploration (ASX:MEP) is pleased to provide investors with an opportunity to listen to an audio interview with Exploration Director Tony Belperio on Boardroom Radio (BRR).

To listen to the information session, please visit the following website address: http://www.abnnewswire.net/lnk/65Q6SJ2E

The interview will be available at this page from Tuesday 25 September 2012 9:00am AEST.

The subject of the interview is Minotaur's Cloncurry Drilling Update.


Cloncurry Drilling Update Overview

Minotaur Exploration reported the results of drilling at the Cotswold and Cormorant Iron Oxide Copper-Gold (IOCG) targets north of Cloncurry under joint venture with JOGMEC, the Japan Oil, Gas and Metals National Corporation. The 5-hole program tested a range of gravity, magnetic and electrical geophysical targets with broad zones of low-level copper mineralisation recorded in each of the drillholes, confirming the area's potential.

At Cotswold, assays of drill core in hole MN12D29 recorded consistently anomalous copper, cobalt, nickel and vanadium over the entire 315m bedrock interval from 123m to end of hole at 438m. Best individual one-metre intervals of 0.99% copper (392-393m), 0.27% nickel (173-174m), 0.12% cobalt (262-263m), 0.09% vanadium (175-176m) and 0.14 g/t gold (166-167m) coincided with high magnetite intervals and corresponding iron assays of up to 48.9% Fe.

At Cormorant, pyrrhotite-rich breccias have marginal alteration zones locally containing chalcopyrite, and best assays are 3.36% copper (MN12D25 215.5-216m), 1.27% copper (MN12D27 254-255m) and 1.1% copper (MN12D27 361-362m). Broad intervals are present of anomalous copper averaging ~0.2% copper.

View the Cloncurry Drilling Update at the link below:
http://www.abnnewswire.net/lnk/Q9386643


About Minotaur Exploration Limited:

Minotaur Exploration Limited (ASX:MEP) specialises in application of cutting-edge geophysical techniques to locate virgin mineralisation deep below the surface. Often, economic mineral deposits are contained within basement rocks, buried below several hundred metres of transported cover (overburden) and cannot be located through surface exploration methods such as soil sampling, geochemical assays and drilling. Minotaur’s remote sensing and interpretative approach has proven very successful.

The directors and management of Minotaur each have around 30 years of exploration, mining and mineral resource experience and are eminently qualified in their respective fields of expertise. Under their direction, Minotaur has earned a strong reputation for technical excellence and a high profile within the Australian resources sector.

Minotaur is actively exploring IOCG style targets in Australia, where geophysics have identified numerous sub-surface anomalies prospective for copper-gold mineralisation. Each of these represents a possible Prominent Hill type orebody. Numerous other targets that are ready for drilling are prospective for base metals such as zinc, lead, copper.



Contact:

Minotaur Exploration Limited
T: +61-8-8366-6000
F: +61-8-8366-6001
E: admin@minotaurexploration.com.au
WWW: www.minotaurexploration.com.au