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SUREFIRE RESOURCES NL Regulatory Filings 2012

Jul 4, 2012

65857_rns_2012-07-04_1380f955-3886-4db0-a5b1-ff9e9f7b8c3f.pdf

Regulatory Filings

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For Immediate Release

5 July 2012

Mongolia Rare Earths Project

Update

Black Ridge Mining NL ( ASX:BRD ) ( Black Ridge or the Company ) wishes to announce that the results of the due diligence conducted on the Avdrant Rare Earths project in Mongolia do not support continued development of this project and, accordingly, the Company will not be proceeding.

The Company has been unable to replicate and verify the results and grades as presented to it when the project was introduced and is considering its legal options in reaching a satisfactory conclusion to this project.

The Company will continue to keep the Market informed and a further announcement will be made in due course.

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David Semmens

Company Secretary