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Keh - Keaton Energy Announces Fourth Coal Mining Project

Release Date: 06/05/2009 11:59:01      Code(s): KEH
KEH - Keaton Energy Announces Fourth Coal Mining Project                        
Keaton Energy Holdings Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/011090/06)                                            
JSE share code: KEH & ISIN: ZAE000117420                                        
("Keaton Energy")                                                               
KEATON ENERGY ANNOUNCES FOURTH COAL MINING PROJECT                              
Keaton Energy has announced its intention to proceed with its fourth coal mining
project, Leeuwfontein, 35 kilometres south of Middelburg in South Africa`s      
Mpumalanga Province.                                                            
Amalahle Exploration (Pty) Limited, a 74%-held subsidiary of Keaton Energy, was 
awarded four prospecting rights over six discrete properties totalling 1 597    
hectares in the Ermelo coal field in April 2008.                                
Keaton Energy Managing Director Paul Miller said: "Following completion of a 69-
hole drilling programme on the properties in November 2008 a SAMREC-compliant   
coal resource has now been declared for the Leeuwfontein Project.               
"Leeuwfontein is relatively small, covering some nine hectares, and contains a  
coal resource of 922 000 mineable in situ tonnes in the measured category.      
"It will become the second of Keaton Energy`s two smaller, short-life projects, 
after our Klip Colliery.                                                        
Work has begun on an application for a mining right over Leeuwfontein, with a   
view to receiving regulatory approvals for open pit mining in the second half of
2010", Miller said.                                                             
Note: the detailed Leeuwfontein Project May 2009 resource statement is available
on Keaton Energy`s website, www.keatonenergy.co.za                              
Bryanston                                                                       
06 May 2009                                                                     
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 06/05/2009 11:59:01 Supplied by www.sharenet.co.za                     
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