| | PRESS RELEASE Kings Minerals NL and Andaurex Industries Propose Reverse Takeover Transaction (Site not responding. Last check: 2007-11-01) |
 | | The proposed Transaction is subject to the completion of due diligence by both parties, the execution of a definitive agreement, and receipt of all required shareholder, regulatory, ASX, and TSXV approvals. |
 | | This work included diamond core and reverse circulation drilling; a high resolution airborne magnetic and radiometric survey over the entire project area; the acquisition and interpretation of ASTER satellite imagery; and a ground 3D IP survey centered on Cerro del Gallo. |
 | | The resource estimate is based on a total of 24,635 metres of drilling in 110 drill holes of which 24 holes were diamond core and 86 holes were reverse circulation face sampled holes. |
| www.marketwire.com /mw/release_html_b1?release_id=0143986 (2422 words) |