ANGLO AUSTRALIAN RESOURCES NL

Anglo Australian Resources announced the commencement of an aircore drilling program of approximately 3000m at the Feysville Project. Drilling will test the southern extension of the Rogan Josh deposit over 2km. The Feysville Project consists of all mineral rights attached to two mining leases located 16km SSE of Kalgoorlie. The Project is situated in the geological / structural corridor, bounded by the Boulder Lefroy Fault, that hosts the world class plus million ounce deposits of Mt Charlotte, Fimiston, New Celebration, Victory-Defiance, Junction, Argo and Revenge / Belleisle of St Ives, as well as other deposits such as the 60,000oz Au Hannans South deposit (located 3km north of the Project). The Rogan Josh deposit has strong geological affinities to the Hannans South deposit which is largely a supergene gold deposit occurring within the Hannans South Shear Zone.