DENVER, Aug. 11 /PRNewswire-FirstCall/ -- Queenstake Resources Ltd. (TSX: QRL; Amex: QEE) will announce its second quarter 2006 results on Monday, August 14th and will hold a conference call hosted by President and Chief Executive Officer Dorian (Dusty) Nicol to review the quarter highlights at 1:00 p.m. Eastern Daylight Time that day. The conference call may be accessed by telephone: United States and Canada (Toll-Free): 1-888-459-5609 International (Toll): 1-973-321-1024 The conference call may also be accessed via the Queenstake web site at http://www.queenstake.com/, under the Audio Webcast Link on the homepage. A replay of this call will be available for a limited time on the Queenstake web site or by calling: United States and Canada (Toll Free): 1-877-519-4471 International (Toll): 1-973-341-3080 Replay Pin Number: 7710813 Queenstake Resources Ltd. is a gold mining and exploration company based in Denver, Colorado. Its principal asset is the wholly owned Jerritt Canyon gold operations in Nevada. Jerritt Canyon has produced over seven million ounces of gold from open pit and underground mines since 1981. Current production at the property is from underground mines. The Jerritt Canyon District comprises 119 square miles (308 square kilometers) of geologically prospective ground, controlled by Queenstake, representing one of the largest contiguous exploration properties in Nevada. For further information call: Wendy Yang 303-297-1557 ext. 105 800-276-6070 Email - web - http://www.queenstake.com/ DATASOURCE: Queenstake Resources Ltd. CONTACT: Wendy Yang of Queenstake Resources Ltd., +1-303-297-1557, ext. 105, or +1-800-276-6070, Web site: http://www.queenstake.com/

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