Celamin Holdings NL (ASX:CNL) Drilling Commences at Chaketma Phosphate Project

Melbourne, Oct 18, 2011 AEST (ABN Newswire) - Celamin Holdings NL (ASX:CNL) is pleased to announce that drilling has now commenced at the large CHAKETMA Phosphate project.

The CHAKETMA Phosphate project is one of the Company's flagship Phosphate projects and it is expected to be a large tonnage project. As a result of the $1 million funding injection by CNL, drilling, trenching and field work is well under way.

Drilling results on this exciting project will be announced as they come to hand.

Celamin Ltd and it's JV partner Tunisian Mining Services (TMS) have acquired three additional gazetted Exploration permits for base metals which are located in the Northern Tunisian Governates of Bizerte, Beja and Jendouba.

Each of these three permits are highly prospective as they are known to contain lead and zinc from previous workings on the permits.

Contact

Kevin Nichol Chairman Phone: +61-3-9692-7222 Email: generaladmin@victoriangoldmines.com.au