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Caldera Resources Inc.: Drill Program Continues At Ellendale East Project.


SOUTH PERTH, Western Australia This article is about an inner southern suburb of Perth. For the local government area, see City of South Perth.

South Perth is an inner southern suburb of Perth, Western Australia, immediately opposite the central business district of Perth on the
 -- Caldera caldera: see crater.
caldera

Large, bowl-shaped volcanic depression that forms when the top of a volcanic cone collapses into the space left after magma is ejected during a violent volcanic eruption. The term is Spanish for “caldron.
 Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:CDR (1) See CD-R and extension.

(2) (Call Detail Reporting) See call accounting.

(3) (Common Data Rate) A standard sampling rate for digital video for 480i and 576i systems. The rate is 13.5 MHz. See ITU-R BT.
) is pleased to announce that the aircore drill program being carried out by Murchison Exploration Services, commenced on 28 June and is continuing to drill test magnetic targets selected from a detailed 25 meter airborne magnetic survey. The airborne magnetic survey which was flown in June 2005 was completed by UTS (Universal Timesharing System) Amdahl's version of Unix System V. Release 4.0 is POSIX compliant.  Geophysics of Perth, Western Australia This article is about the metropolitan area of Perth, Western Australia. For the local government area, see City of Perth.
Perth is the capital of the Australian state of Western Australia.
.

As of 3 July the drill program had tested eight magnetic anomalies and it is expected that up to 4000 kg of drill sample will be sent to Perth for evaluation and laboratory work, which will include heavy mineral concentrates for indicator minerals and micro-diamond recovery. Diatech Services of Perth will carry out this assessment of the drill material.

Chris Reindler, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Caldera visited the project area for three days and is extremely pleased with the rate of drilling and looks forward to the commencement of the laboratory work.

A further press release will be made upon completion of the drill program and when the first results are available.

Other Activities.

Caldera is engaged in diamond exploration in Australia through five projects. Two projects are located in the Pilbara region of northern Western Australia, one of which is joint ventured with Mr. Ronald Winston of Harry Winston Inc. The Company also has two projects located adjacent to the Ellendale Lamproite Field in the Kimberley region of Western Australia. Both of these projects are also joint ventured under separate arrangements with Mr. Ronald Winston. One project is located on the Yilgarn Craton of Western Australia which is joint ventured with SouthernEra Diamonds Inc. (SDM SDM - Schematic Data Model :TSX).

Caldera also has four base metal/gold projects in South Australia. One of these projects is the Mt. Carulina Project which is an Olympic Dam - style base metal/gold target.

CAUTIONARY STATEMENT

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 and reserves, exploration results, and future plans and objectives of Caldera, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Caldera's expectations are exploration risks detailed herein and from time to time in the filings made by Caldera with securities regulations.
Canada

Suite 3100
40 King Street West
Toronto. Ontario. M5H 3Y2
Telephone:   416-865-6605
Facsimile:   416-865-6636
Website: www.calderares.com

Australia

1 Charles Street
Suite 8
South Perth. Western Australia.
6151
Telephone:  011-618-9367-7728
Facsimile:  011-618-9367-7705
E-mail: calderares@bigpond.com



Cusip: 1287D 105

Caldera Resources Inc. (TSX:CDR)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:8AUST
Date:Jul 4, 2005
Words:471
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