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Caldera Resources Inc. Announces Preliminary Results.

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M2 PRESSWIRE-8 January 2007-Early Watch: Caldera Resources Inc. Announces Preliminary Results(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:08012007

Caldera Resources Inc. (TSX:CDR) was incorporated as an independent mineral exploration company during 1995. The aim of the Company is to discover a diamond deposit and this is being pursued through widespread exploration in Australia. The Company continues to focus on diamond exploration and now has five projects in Western Australia, including a joint venture with SouthernEra Resources Limited (SUF-TSX). SouthernEra, a leading Canadian diamond explorer is a shareholder of Caldera.

Shares are up 6% with over 229,000 in volume. This momentum comes as Caldera Resources Inc. (TSX:CDR) is pleased to announce preliminary results from the trenching program, which was carried out in conjunction with a drill program during November 2006, by Peak Drilling Services.

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Seven reverse-circulation holes were drilled on the Southern Dyke for a total of 374 metres and two trenches were excavated at the same location as the drill holes. The programs were restricted in time due to the extreme daily temperatures of 55 degrees C.

During the 2005 drill program at Runton, one drill hole on the Southern Dyke intersected a very weathered ultra basic rock, but due to limited sample, the scope of assessment was not sufficient to determine any meaningful conclusions.

Detailed geophysical modeling using close-spaced aeromagnetic data indicates that this anomaly is approximately 60 metres in width and plunges...

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