WESTERN YILGARN NL — M&A Activity 2009

Nov 11, 2009

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NOTICE TO FREE OFFER FROM CONDITIONS

TO: Aluminex Resources Limited ACN 109 245 418

AND TO: ASX Limited

By the offer (“the Offer”) made pursuant to the bidder’s statement dated 5 October 2009 (“Bidder’s Statement”) by Iron Mountain Mining Limited (ACN 112 914 459) (“Iron Mountain Mining”), Iron Mountain Mining gives notice pursuant to section 650F of the Corporations Act 2001 that Iron Mountain has declared that the Offer is now free from all conditions set out in paragraphs (a) to (m) of clause 10.1 of the Bidder’s Statement.

As at the date of this notice, Iron Mountain Mining’s voting power in Aluminex Resources Limited is 93.78% per cent comprising 42,475,606 shares out of a total of 45,293,106 presently on issue.

This Notice is dated 12 November 2009.

Signed on behalf of Iron Mountain Mining by

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DAVID ZOHAR Director Iron Mountain Mining