ACCENT RESOURCES NL

Accent Resources reported the results have confirmed high quality magnetite intersections over considerable widths in both the southern and northern parts of the Magnetite Range project. Results include 188m @ 45.7% mass recovery to a 67.6% Fe concentrate in hole MGD021 from 113m, 128m @ 42.5% mass recovery to a 68.5% Fe concentrate in hole MGRD072 from 146m and 78m @ 40.3% mass recovery to a 70.9% Fe concentrate in hole MGRD077 from 201m. Two diamond core drilling rigs are continuing with the in-fill drilling program in the northern parts of the project area and the testing of the highly encouraging thick magnetite sequence in the southern part of the project. To date, more than 120 drillholes for in excess of 17,000 metres have been completed.