Symbol Mining Limited reported highly encouraging results from the evaluation of the company's 60% owned Macy Deposit within the Imperial Project. The Scoping Study demonstrates viability of a traditional open pit mining operation. The high-grade resources in the production model indicate very strong cashflow for 12 months. Low upfront capital requirements with contract mining to be undertaken that significantly reduces capital expendture and risk. Metallurgy confirms DSO product that simplifies processing capital expenditure and operational expenditure costs. The Macy Deposit is contained within the area of the Mining Lease (ML) application that has been lodged with the Mines Cadastre Office (MCO) for approval. It is anticipated that the MCO will grant the ML within the statutory 45 days to permit the Company to undertake the operations for the production targets and financial forecasts contained in this Study. The study assumes that all Minerals and Mining Act & Minerals and Mining Regulation approvals are granted for mining to commence in second quarter as planned. The results of the Scoping Study indicate strong potential for a high-grade-low-capex zinc and lead mining operation. The Scoping Study is completed and it examined all facets of geology, mining, processing and supporting infrastructure at a zinc price of USD 3,200/t, lead price of USD 2,200/t & mixed product price of USD 580 per t shipped Lagos with a long-term foreign exchange rate of USD 1.00: AUD 0.75. All amounts are USD unless otherwise stated.