Tellus Appoints URS to Mange Prefeasibility Study Team

Key points:

• Tellus announces the appointment of URS Australia to lead a detailed Pre Feasibility study for the NT salt mine project
• Scope includes supporting Hydrogeology, Salt Market and Design/Build/Operation studies
• Additional subcontractors to be appointed for supplementary studies

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Key points:

• Tellus appoints a world-class, multi-disciplinary team of leading Australian and international consultants to do a prefeasibility study over the next six months;
• This study will confirm the technical and commercial scope of a proposed salt mine in the Northern Territory.
• Team composition:
  • Study management – URS Australia (Sydney)
  • Hydrogeology and Hydrology – URS Australia (Melbourne)
  • Geology, mineral exploration and technical analysis – Terrasearch and C&R Consulting
  • Specialist salt exploration geologists – Northrim Exploration & BoydPetro (Canada)
  • Laboratory analysis – Genalysis Laboratory, Queensland University of Technology and James Cook University Laboratories
  • Salt mine design, build &operation – URS US (New Mexico office) and URS Australia
  • Salt market – URS Australia and other specialists
  • Storage, logistics & transport – Baltus Consulting
  • Storage market – Australian Sustainable Business Group
  • Environment – Aurora Environmental
  • Community consultation – Michels Warren Munday
  • Regulatory issues – Juanita Croft Consulting

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• Tellus acquires right to buy five Exploration Permits for Minerals.
• Historical drilling and seismic shows major salt formation.
• Tellus to commence detailed feasibility studies.

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Key points:

The Board of Tellus and GR Rockvault (a 100% owned Tellus subsidiary) is pleased to announce the appointment of the following Directors following signing the JV Agreement between GR Rockvault and Aurora Environmental:
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Key points:

Following on from the restructuring of the company’s strategy, project pipeline and team the Board has approved dropping some assets and has expanded the portfolio. The company has also appointed Driftwood Capital to assist in a capital raising to develop the project portfolio. The Board has sent out an update via e-mail to all investors. If you are a shareholder and have not received this e-mail update please contact the company directly and we will confirm your contact details. The Company will be sending out regular shareholder updates in this format and would like toinclude all shareholders in this correspondence.
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Key points:

• GR Rockvault (Tellus subsidiary) signs Joint Venture Agreement with Aurora Environmental, a leading WA based environmental management team.
• The JV, Rockvault WA, opens offices at Level 18, Central Park, 152-158 St George Terrace, Perth, WA, 6000.
• This will allow the company to continue to build on its pipeline of development opportunities and service the growing project portfolio.
• Tellus will expand its expert team in both its Perth and Sydney office.

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Key points:

• Richard Rossiter appointed to the Board of Tellus Holdings
• Experienced resources and finance executive
• International recovery and recycling business expertise

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Key points:

• Department of Resources, Northern Territory Government has granted Tellus Holdings five Exploration Licences covering 1,137km2.
• Historical drilling and seismic shows two major salt bed formations.
• Tellus to commence detailed feasibility studies.

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Key points:

The Board of Tellus Holdings is pleased to advise the appointment of Ron Sifton as a Non Executive Director to its wholly owned subsidiary board GR Rockvault P/L. This appointment brings substantial international industry and leadership experience to the Board.
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