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1 24 June 2013 HIGH GRADE COPPER RESULTS AT THE LONGONJO PROJECT Crprate Directry Bard f Directrs: Gabriel Chiappini Nn- Executive Chairman Highlights Surface sampling returns extensive high grade cpper mineralizatin at the Cassenha Hill cpper depsit; Highlights f trench wrk include: Geff Bell Nn- Executive Directr Jerk Zuvela Nn- Executive Directr Garry Bell Cmpany Secretary % Cu (including 2m at 3% Cu) 1.79% Cu (including 4.16% Cu) 1.62% Cu (including 2.28% Cu) 1.39% Cu (including Cu) 1.29% Cu (including 0.98% Cu (including Cu) 0.86 % Cu (including 2.48% Cu) Registered Office: Suite 106, 1 Princess Street Kew Vic 3101 Tel (03) Fax (03) ASX CODE: DMY Rck chip sampling has als returned values f up t 7.15% Cu; and Results pending fr the undergrund adit sampling wrk recently cmpleted at Cassenha Hill wrkings. Drmana Estate Ltd (ASX:DMY) is pleased t prvide an update n the results f its technical due diligence investigatins n the Lngnj Prject, lcated in suth west Angla. Drmana recently cmpleted it s n site technical due diligence wrk at the Lngnj prject, where ver 500m f surface sampling and 200m f undergrund adit sampling was led by Drmana s cnsulting gelgist Andrew Richards. Histrical explratin wrk cmpleted at Lngnj shwed a high grade cpper depsit at Cassenha Hill, and this prgram designed by Drmana was aimed at cnfirming these histrical results and extending the ptential f the knwn mineralizatin.

2 OVERVIEW The Cassenha Hill depsit sits within the larger 3670 km 2 Lngnj tenement area, and is highly prspective fr cpper, gld, rare earths and irn mineralizatin, much f which utcrps at varius prspects within the tenement. During April-May 2013, a field visit was made t Cassenha Hill where utcrpping, high grade cpper xide mineralizatin was mined in several adits and undergrund levels in the 1950s and 1960s. 7 trenches ttaling 500m were established r extended acrss the 1.5km f knwn strike at Cassenha Hill with the results presented in Figure 1 belw. Despite sme issues with sil cver the results cnfirm the presence f strng cpper mineralizatin within quartz veins assciated with breccia znes and shearing within a brader quartzite and metasedimentary sequence. The mineralizatin appears t have had Irn Oxide Cpper Gld (IOCG) style affinities, as des the surrunding district, but smewhat impacted by variably intense shearing, faulting and granitid intrusins. The rientatin f the mineralised ldes appears t be sub parallel t granitid cntacts and assciated majr shearing. Figure 1: High Grade cpper results frm the recent surface sampling prgram at Cassenha Hill

3 In summary the trench and rck chip results have cnfirmed and extended the cpper mineralizatin encuntered by previus wrkers and as reprted t the ASX n 21 March 2013 and in subsequent annuncements. There als appears t be a gd crrelatin f wide cpper mineralized znes seen at surface with that expsed in undergrund wrkings up t 35m belw. A secnd level f nw flded wrkings was accessed by an internal shaft in Adit 2 indicating that cpper mineralizatin extends further again t depth. Nn-Executive Chairman Gabriel Chiappini said We are very pleased with the results at Cassenha Hill as it clearly shws a highly mineralized structure with cnsistent high grade Cpper. We lk frward t the results f the undergrund sampling prgram which will really help ur understanding f the prject and the extent f the knw mineralizatin. Further Cntact: Gabriel Chiappini Nn- Executive Chairman (08) Eric de Mri Crprate Advisr - Cygnet Capital (08) r em@cygnetcapital.cm.au Cmpetent Persn Statement The infrmatin in this reprt that relates t Explratin Results is based n infrmatin cmpiled by Andrew Richards, wh is a member f The Australasian Institute f Mining and Metallurgy and the Australian Institute f Gescientists. He is a full time emplyee f Arc Resurces Pty Ltd which is prviding cnsulting services t Drmana Estate Limited. Andrew Richards has sufficient experience which is relevant t the style f mineralisatin and type f depsit under cnsideratin and t the activity which he is undertaking t qualify as a Cmpetent Persn as defined in the 2004 Editin f the Australasian Cde fr Reprting f Explratin Results, Mineral Resurces and Ore Reserves. Andrew Richards cnsents t the inclusin in the reprt f the matters based n their infrmatin in the frm and cntext in which it appears.

4 LONGONJO PROJECT: Drmana has an ptin t acquire a 70% interest in the Lngnj Prject thrugh the prpsed acquisitin f Sable Minerals Pty Ltd. The Lngnj Prject is lcated in suth west Angla ideally lcated nearby t existing infrastructure including a rail line that traverses the Prject area and ~70km frm the Huamb internatinal airprt (Figure 2). Numerus targets have been identified within the Prject area including the Catabla Cpper/Gld Target (Cassenha Hill), Lngnj Rare Earths Target and the Bng Gld Target. Figure 2: Gelgy and lcatin f the Lngnj Prject in Angla

5 Figure 3: Trench DTR2 returned 2.27% Cu Table 1. Details f trenches cmpleted at Cassenha Hill (May 2013) Start (WGS84 grid) Finish (WGS84 grid) Length Trench UTM me UTM mn UTM me UTM mn (m) N. samples Cmment DTR Abve Adit 2 DTR Extends previus Trench 4 DTR DTR DTR Abve end f Adit 4 DTR DTR

6 Figure 4: Rck chip DRC12 lcatin which returned 7.15% Cu

7 Table 2. Cassenha Hill trenches - Summary f assays (better intersectins highlighted in bld) Trench Trench length (m) Frm (m) T (m) Interval (m) % Cu DTR % Cu highlight % Cu including % Cu and % Cu % Cu DTR highlight % Cu including % Cu and % Cu DTR highlight % Cu including % Cu DTR % Cu highlight % Cu including % Cu % Cu DTR highlight % Cu including % Cu and % Cu DTR highlight % Cu including % Cu DTR highlight % Cu including % Cu Nte. Trench samples are generally taken in 1m r 2m increments unless field cnditins r gelgical reasns dictate therwise. Samples are nt less than 0.5m in size and sample weights are a minimum f 2kg. Samples were prepared in SGS Labratries in Namibia and sub-samples taken t SGS Suth Africa s labratries in Bysens, Suth Africa. All samples were fire assayed fr gld and select samples will be check assayed with Screen Fire Assay techniques. All samples were als assayed by aqua regia methds with an ICP-MS technique finish fr a full suite f 37 elements including cpper, base metals, irn, manganese and rare earths. High grade cpper were reassayed using sdium perxide fusin, ICP-OES.

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