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DREADNOUGHT RESOURCES LTD Regulatory Filings 2010

Oct 24, 2010

64785_rns_2010-10-24_2f2c7524-99e3-4567-bb92-21d3fa72c531.pdf

Regulatory Filings

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M I N I N G

ASX Announcement

20 october 2010

GRANT OF LAKE TORRENS, SA EXPLORATION LICENCE

the Manager

companies Announcements office Australian Securities exchange 20 bridge Street SYDNeY NSW 2000

ero Mining Limited is pleased to announce that it has received advice from South east energy Limited of the granting of exploration Licence (eL4580) covering the sections of South east’s original exploration Licence Application (eLA2009/00364).

the exploration Licence covers 823 km[2] of the Lake torrens basin that with its long geological history and abundance of brines within the basin sediments makes the tenement area a strong target for lithium-bearing brine exploration.

ero Mining announced on 12 october 2010 that it would be acquiring South east energy Limited (subject to shareholder approval).

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David Godfrey Company Secretary ero Mining Limited

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Location of EL4580, Lake Torrens, South Australia.

ero Mining Limited AcN 119 031 864

62 beulah road Norwood South Australia 5067

For Further inFormation

Please contact ero Mining Limited on 08 8132 7970, or

Po box 3126 Norwood South Australia 5067

Phone 61 8 8132 7970 Fax 61 8 8132 7999 email [email protected] web www.eromining.com

Investor relations: Mr Duncan Gordon executive Director, Adelaide equity Partners on 08 8232 8800 or 0404 006 444

Further information relating to ero Mining Limited and its various exploration projects can be found on its website:

www.eromining.com