Ausminerals Limited

Ausminerals Limited is an established mining company with gold, nickel and cobalt and copper tenements and a gold production facility at Randwick, north of Kalgoorlie in WA which it plans to have in production by the end of 2008, as well as gold, uranium and base metals tenements in the Curnamona area of South Australia and an established agricultural and industrial minerals production facility in Victoria.

Company Profile

The company holds well advanced gold, nickel, cobalt and copper prospects in West Australia which represent early targets for development. Good results have been recorded in historical exploration and drilling by Ausminerals at Randwick and results show that the gold is at or near surface and includes;

* 13 metres at 10.3 grams of Gold per tonne

* 1 metre at 68 grams of Gold per tonne

* 1 metre at 59 grams of Gold per tonne

* 14 metres at 2.22 grams of Gold per tonne

Ausminerals Group also holds a highly prospective Gold and Uranium exploration license located in close proximity to the Honeymoon Uranium project in South Australia which is expected to start producing in 2008, and the geology has been described as being similar to that of the large Beverley Uranium Mine in South Australia. The company will commence an aggressive exploration program during 2008/2009.

The Ausminerals Board has a proven track record of recognising and rapidly advancing under-explored projects and these skills shall ensure maximum returns from the substantial exploration portfolio.

Our Mission

Ausminerals ultimate goal is to achieve recognition as a premier Australian owned and controlled gold, nickel, cobalt, uranium, agricultural and industrial minerals exploration and production company, based on the quality of its operations and growth potential of its assets.