EXPLORATION NEWS Results from SouthernEra’s Millennium Platinum Project

The Phase 2 drill program at SOUTHERNERA's Millennium platinum project on the Eastern Bushveld in South Africa began last August. Already seven out of the nine holes drilled have intersected the reef. The company says it is encouraged by these results. Average grades from all the holes range between 2.4 and 5.1 g/t PGE plus Au over an average width of 1.25 metres.

The Millennium program has delineated a significant and open-ended reef on the Rietkloof farm. Drill results will be averaged with the previous results on Blaauwbank, which has an inferred resources of 10.3 million tonnes, grading 4.46 g/t PGE plus Au.

Further information is available from president & CEO Patrick Evans or vice-president Sally Eyre at 416-359-9282 or fax 416-359-9141. SouthernEra maintains a web site at www.southernera.com