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AR1 – Austral Resources Australia Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Austral Resources Australia Limited is an Australia-based copper producer, developer and explorer located in the Mt Isa District, northwest Queensland. The Company’s projects include the Anthill Project, the Lady Annie Project, the Cameron River Project and the Miranda Project. The Anthill Project is located approximately 45 kilometers (km) from the Mt Kelly processing facility. The Lady Annie Project tenements are in the Western Fold Belt of the Mount Isa Inlier. The Cameron River Project tenements lie within the Eastern Fold Belt of the Mount Isa Inlier, with the northern most tenement close to the boundary with the Central Kalkadoon-Leichardt Belt. The Miranda Project tenements lie predominantly within the Central Kalkadoon-Leichardt Belt of the Mount Isa Inlier, with one tenement (EPM 17646) occurring within the Mary Kathleen Group of the Easter Fold Belt. The region is prospective for Cu and the tenements all lie within approximately 40km of the Mount Cuthbert copper deposit.

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