Bauxite Resources Limited updates on Dionysus project, Western Australia

Bauxite Resources Limited is pleased to announce that a maiden resource estimate has been completed on the Company's new Dionysus project, northern Darling Range, Western Australia.

The resource is located on one private landholding in predominantly cleared farmland, approximately 100km north east of Perth, and situated 12km from existing rail infrastructure providing a link to Kwinana Port.

Dionysus is contained within the Company's joint venture with HD Mining & Investments Pty Ltd, (HDM) the wholly owned subsidiary of Shandong Bureau No.1 Institute for Prospecting of Geology & Minerals (Shandong).

BRL's CEO Peter Canterbury commented on the resource:

"This is an excellent result for BRL and our joint venture partner HD Mining. Dionysus is a completely new resource in the northern Darling Range, with excellent grades and low reactive silica. Whilst North of the Fortuna and Felicitas deposits it is still on the same rail infrastructure corridor. Our geologists are currently reviewing other properties in the region with a view to carry out further drilling next field season and build on the existing new resource. Dionysus is located on large private farmland and is in close proximity to existing rail infrastructure."

Under the terms of the JV agreement with HD Mining (a wholly-owned subsidiary of the Shandong Bureau No1 Institute for Prospecting of Geology & Minerals (Shandong)) signed in 2010 HD Mining funds 100% of exploration and feasibility costs for HD Mining to earn up to a 60% of the bauxite rights upon a decision to mine.

In addition to the resources announce at Dionysus the Company has also undertaken further follow-up infill drilling at the Athena deposit, in the Wandering Pingelly area. The company is currently undertaking resource modelling on this deposit and expects to make a further resource announcement in the coming weeks.