KING RIVER RESOURCES LIMITED — Major Shareholding Notification 2011

Feb 20, 2011

PO BOX 2600, A29 Valley Forge, PA 19482 Fax: 610-669-6112

The Vanguard Group

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$\Box$ Urgent	X For Review	$\square$ Please Comment		$\square$ Please Reply	$\square$ Please Recycle
Re;	Beneficial Ownership Reporting		CC:
Phone:			Date:	18 February 2011
Fax:	+61 2 9778 0999 or +61 2 9347 0005		Pages:	3 (including cover)
To:	Australian Stock Exchange		From:	The Vanguard Group

Attached is the Beneficial Ownership Reporting for Speewah Metals Limited. Please call or email with any questions regarding this information at 610-669-6296 or Nick_Gould@Vanguard.com.

	603	page 1/2	15 July 2001 a ma
Form 603 Corporations Act 2001
Section 671B
.

Notice of initial substantial holder
--------------------------------------	--	--	--

To Company Name/Scheme	Speewah Metals LTD
ACN/ARSN	100 714 181
1. Details of substantial holder (1)
Name	Vanguard Precious Metals and Mining Fund
ACN/ARSN (if applicable)
The holder became a substantial holder on	16 February 2011

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) ad a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

$\sim$ . . $\cdots$ ⇔lass ⁄ , of securities - 14 \	$\cdots$ Number of securities	751 Person's votes ιυ	power (6) Votina
Ordinary	12.900.000	-- 12,900,000	070/ 3.0170

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voling securities on the date the substantial holder becante a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
, Vanguard Precious Metals and Mining Fund	Beneficial Owner	Ordinary - 12,900,000

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Vanguard Precious Metals and Mining Fund	JPMorgan Chase Bank, N.A.	JPMorgan Chase Bank, N.A.	Ordinary - 12.900.000

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
Vanguard Precious Metals and	16/02/2011	Cash	Non-cash	Ordinary -
Mining Fund		USD .37 per Share	CASH AUD .37 per Share	12.900.000

603 page 2/2

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Vanguard Precious Metals and Mining Fund	Vanguard Fund c/o The Vanguard Group, Inc. 455 Devon Park Drive Wayne, PA 19087 USA Attn: Nick Gould Compliance Manager nick_gould@vanguard.com
JPMorgan Chase Bank, N.A.	Level 37 AAP Center 259, George Street Sydney NSW 2000 Australia
print name	Natalie Bei	Asst. Secretary capacity
sign here		dale 18 February 2011
	DIRECTIONS

• If there are a number of substantial holders with similar or related interests (eg. a corporation and its related corporations, or the manager and $(1)$ trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an Associate has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• $(7)$ Include details of:
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of $(a)$ any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• $(b)$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". $(3)$
• $(9)$ Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest has acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder of its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.