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Aus Tin Mining, Mt Cobalt and Pembroke Exploration Update

Highlights:

• Revised drill program at Mt Cobalt resulting from new geophysics data.

• Further test work highlights the potential for ore-sorting to pre-concentrate

Mt Cobalt material. The Directors of Aus Tin Mining Limited (the Company) are pleased to provide the following update in respect of the Company’s Mt Cobalt project, approximately 40km west of Gympie, Queensland.

Exploration Update

During September 2018 the Company completed a 3D Induced Polarisation (IP) survey to a depth of 400m at Mt Cobalt. An IP survey is a geophysics exploration tool used to measure conductivity, and areas of increased conductivity (or chargeability) may indicate the presence of sulphide mineralisation. A detailed interpretation of the recent Mt Cobalt IP data has been completed and the results indicate an increasing chargeability at depth, plus several zones of higher chargeability closer to surface.


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