SYNDICATED METALS LIMITED

Syndicated Metals announced further results from its current drilling program at the Barbara Copper Project located approximately 50 kilometres northeast of Mount Isa in Northwest Queensland and forming part of the company’s Mount Remarkable Project. Results for the two step-out holes include 56 metres at 1.25% Cu and 0.12g/t Au including 9 metres at 3.2% Cu and 0.4g/t Au from 217 metres and 7 metres at 2.3% Cu and 0.15g/t Au from 265 metres in BARC034 and; 32 metres at 1.01% Cu from 144 metres including 12 metres at 1.53% Cu and 0.10g/t Au from 144 metres in BARC033. South Lode remains open down-plunge to the south within a broad mineralised zone which is 50 metres in width and 250 metres up and down dip.