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DART MINING NL Capital/Financing Update 2009

Dec 20, 2009

64792_rns_2009-12-20_0e055047-0644-489b-bf84-d56562c5caac.pdf

Capital/Financing Update

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ASX RELEASE 21 DECEMBER 2009

ASX CODE DTM

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ABN 84 119 904 880

MORGAN DRILLING UPDATE

Dart Mining NL is pleased to advise that drilling of the first diamond drill hole of a multi hole program at the Morgan molybdenum-copper project has reached 446m and has been suspended to allow drillers and field staff a well-earned Christmas break. Drilling will resume early in the New Year.

The hole has so far intersected strongly altered sediments and minor porphyry intrusive rocks with variable sulphide mineralisation and zones of intense faulting. This is interpreted (on a preliminary basis) to be peripheral to a major intrusive body interpreted from the surface geochemistry and IP announcement in October/November 2009. Assay results will be released when the hole has been completed and full assay results received.

On completion it is planned to case the drill hole with PVC to allow a down hole geophysical survey to better define the nature and scale of the IP anomaly.

Seasons greetings to all.

  • ENDS -

For further information visit our website at www.dartmining.com.au or contact John Quayle, CEO Ph: +61 (0) 3 9621 1322

COMPETENT PERSON ’ S STATEMENT

Information in this report that relates to a statement of exploration results of the Company is based on information compiled by Bernhard Hochwimmer B.Sc,, AIG. Mr Hochwimmer is a Director of Dart Mining NL and has sufficient experience relevant to the style of mineralisation and type of deposits under consideration and to the activity undertaken. He is qualified as a competent person as defined in the 2004 Edition of the “ Australasian Code for Reporting of Mineral Resources and Ore Reserves ” (or “ JORC Code ” ). Mr Hochwimmer consents to the inclusion of this information in the form and context in which it appears in this report.

www.dartmining.com.au

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Level 3, 15 Queen Street Melbourne, Victoria, 3000, Australia TELEPHONE +61 3 9621 1322 FACSIMILE +61 3 9621 1544 EMAIL [email protected] WEB www.dartmining.com.au ACN 119 904 880