Clancy Exploration Announcements

Clancy Exploration is listed on the ASX

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Clancy Exploration Limited's portfolio of prospective exploration opportunities has exposure to copper, gold, nickel and base metals.

Clancy Exploration has two major projects in it's portfolio. These include:

• Lachlan Fold Belt Copper-Gold Projects, NSW
; and

• Mount Read Volcanic Belt Projects, Tasmania
.

Total projected exploration expenditure of up to $7m ($6m if only the Minimum Subscription is raised) over two years (including expenditure budgeted by Gold Fields and Bass Metals).

• Access to leading edge targeting applications, technology and substantial technical resources as part of its ongoing relationship with Geoinformatics Exploration Inc. ("Geoinformatics").
• Experienced and committed executive management with Mark Stewart, ex Anglo American plc and Vice President Corporate Development with Geoinformatics, as Managing Director.
• Strong technical and corporate skills on the Board including Dr James Macdonald, former BHP Billiton Global Geoscience Leader, as non-executive Chairman, Dr Nick Archibald, Executive Vice Chairman and CEO of Geoinformatics, as a non-executive director and Mr Mark Lester as non-executive director with specialist skills in corporate finance and accounting.
• Clancy will be the listed arm of Geoinformatics in Australasia.

• The business of the Company involves mining exploration and investment in mining tenements and accordingly, investments in the New Shares offered by this Prospectus should be considered speculative. The key risk factors associated with an investment in the Company are described in Section 9 of this Prospectus.