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AYT – Austin Metals Ltd

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

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Company Profile

Austin Metals Limited, formerly Silver City Minerals Limited, is an Australia-based base and precious metals exploration company. The Company is focused on the prolific mining districts of Broken Hill, the Cobar Basin and the Lachlan Fold Belt of New South Wales, Australia. Its projects include Austin Gold Project, Broken Hill, Copper Blow, Wellington, Razorback West, Yalcowinna and Cobar Project. Its flagship Austin Gold Project is located in Murchison greenstone province of Western Australia, directly adjacent to the Cue Gold Project owned by Musgrave Minerals Limited. Austin Gold Project is located approximately 45 kilometers (km) north of Mt Magnet and comprises over 175 square kilometers in the Tuckabianna and Mt Magnet greenstone belts of the prolific Murchison gold mining district. Broken Hill project is located in western New South Wales. The Copper Blow Project is a mineralized system that has an iron oxide copper gold deposit, located approximately 20 km south of Broken Hill.

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