29 November 2005
Company Announcements Office
Australian Stock Exchange Limited
10th Floor
20 Bond Street
SYDNEY NSW 2000
Dear Sir
Gold Exploration Update - Duplex Hill South Project New RC Drilling Program.
The company is pleased to announce that RC drilling will re-commence on the ‘Woodline1’ orebody (previously Duplex Hill South East lode), which is 30 km South East of Kalgoorlie and 10 km from the company’s Blair Underground Nickel Mine to add to the gold resources already identified.
To date four traverses of RC resource definition drilling have defined a shallow, strongly mineralised NE striking reef system with a minimum strike length of 100 metres. The mineralisation is open both along strike and at depth. (see attached section)
The table below highlights several significant intersections from the RC drilling program reported in September 2005:
Company Announcements Office
Australian Stock Exchange Limited
10th Floor
20 Bond Street
SYDNEY NSW 2000
Dear Sir
Gold Exploration Update - Duplex Hill South Project New RC Drilling Program.
The company is pleased to announce that RC drilling will re-commence on the ‘Woodline1’ orebody (previously Duplex Hill South East lode), which is 30 km South East of Kalgoorlie and 10 km from the company’s Blair Underground Nickel Mine to add to the gold resources already identified.
To date four traverses of RC resource definition drilling have defined a shallow, strongly mineralised NE striking reef system with a minimum strike length of 100 metres. The mineralisation is open both along strike and at depth. (see attached section)
The table below highlights several significant intersections from the RC drilling program reported in September 2005:
| Hole Id | North | East | Rl | Azi | Dip | From | To | Intercept | Grade |
| AMRC76 | 6569118 | 384218 | 383 | 270 | -60 | 9m | 18m | 9m | 2.98g/t |
| AMRC74 | 6569142 | 384232 | 270 | -60 | 10m | 16m | 16m | 3.41g/t | |
| AMRC64 | 6569142 | 384246 | 270 | -60 | 20m | 30m | 10m | 7.08g/t | |
| AMRC65 | 6569142 | 384262 | 270 | -60 | 49m | 63m | 14m | 2.96g/t |
A programme of 990 metres of extensional and infill drilling is planned awaiting the arrival of an RC rig in the first week of December.
Yours faithfully
Brett Young
Executive Director
AUSTRALIAN MINES LIMITED
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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