22 June 2006

Assay Results from Massive Nickel Sulphide Intersection at Blair


Australian Mines (ASX: AUZ) is pleased to announce assay results from the resources definition drilling below current workings at Blair nickel mine and previously reported on 15 June.

The result from underground hole AMUG175 is 9.25m @ 12.5% Ni from 88.1m to 97.35m (down hole) of massive nickel sulphides.

The intersection, on the C01 lode at the 395mRL, confirms continuity of the nickel shoot structure at Blair and appears to coincide with a shallowing of the normally steep plunge.

Further drilling is currently in progress to confirm the nickel resources down to the 380mRL (50 metres below the current workings) with results expected to be announced before 30 June 2006.

For further information contact:
Brett Young
Chief Operating Officer
Tel: 08 9481 5811

The information in this report that relates to Exploration Results is based on information compiled by Mr M Elias who is a Fellow of The Australasian Institute of Mining and Metallurgy. Mr Elias is employed by CSA Australia Pty Ltd and is a Non-Executive Director of AUZ. Mr Elias has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.’
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