In accordance with ASX Listing Rule 17.1 South Boulder Mines (ASX: STB) has requested an immediate trading halt pending the release of drilling results from the Duketon Nickel Joint Venture.

The company has requested the trading halt end on the earlier of the commencement of normal trading on Wednesday, 7 April 2010 or when the announcement referred to above is released to the market.

The company said it is not aware of any reason why the trading halt should not be granted, nor of any other information necessary to inform the market about the trading halt.

South Boulder’s key projects are located within the state of Western Australia as well as in Eritrea focusing on multiple gold, nickel and fertiliser prospects. The company has an interest in the Colluli Potash Project located in the Danakil Depression region of Eritrea (Africa) approximately 200kms south east of the Capital Asmara. South Boulder also has a 100% interest in the Duketon Project in Western Australia. The Duketon Belt is located 120 kilometers north of Laverton in Western Australia and is considered prospective for gold, nickel sulphide and base metal mineralization. Source: (ProactiveInvestors)