Cohiba Minerals Limited provide a brief update to the market in relation to the current drilling at the Horse Well Prospect and the status of samples from the Pernatty C and Warriner Creek drilling programs. Cohiba has received regulatory and landholder approval for up to 12 drill holes at the Horse Well Prospect and is targeting coincident gravity and magnetic anomalies, but with a focus on some of the subtler gravity responses where technical reviews of previous drilling have suggested a possible masking of the target areas due to more complex geology than that seen at Oak Dam West. HWDD06 commenced at a dip of 70° and the current plan is to progressively shallow the hole to a final dip of 60° to gain a better cross-sectional result. It is expected that the basement will be encountered at a downhole depth of 990m.