24 January 2011
Company Announcements Platform
Australian Securities Exchange
Level 5
20 Bridge Street
SYDNEY NSW 2000

ASX ANNOUNCEMENT Energio Limited

ABN: 28 001 894 033

21 Teddington Road

Burswood WA 6100

PO BOX 6918

East Perth WA 7892

T: (08) 9468 2333

F: (08) 9355 4580

www.energio.net.au

DRILLING UPDATE #2 - FURTHER ENCOURAGING INTERSECTIONS WITH GRADES AT THE HIGH END OF THE TARGET RANGE OF 48% - 53% Fe HIGHLIGHTS