FW: Queenstake Announces Second Quarter 2006 Results Conference Call

News Release 2006-16 August 11, 2006

QUEENSTAKE ANNOUNCES SECOND QUARTER 2006 RESULTS CONFERENCE CALL

Denver, Colorado - August 11, 2006 - 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
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.
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For further information call:
Wendy Yang 303-297-1557 ext. 105
800-276-6070
Email - info@queenstake.com web - www.queenstake.com

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