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Aus Tin Mining Provides Update on Drilling Program at Mt Cobalt & Pembroke

The Directors of Aus Tin Mining Limited (the Company) are pleased to provide the following update on drilling completed thus far at Pembroke:

- Three reverse circulation (RC) holes (PEM026-PEM028) have been drilled at Pembroke for a total length of 192m to test for potential shear zones. Geological logs indicate the presence of minor sulphides in two holes and increased manganese in the third. Two metre composite samples over the full length of each hole have been submitted for analysis;

- A further RC / diamond hole (PEM029) has commenced at Pembroke targeting deeper magnetic and conductivity targets which may indicate the presence of sulphides. The target depth for this hole is 450m. Geological logs indicate the presence of serpentinite in the upper section of the hole. Drill core is being prepared for analysis and samples will be submitted at the conclusion of the hole; and

- Site preparation at the proposed Mt Cobalt site has been completed.

The drilling contractor has commenced a short scheduled break and drilling will resume next week. The Company will provide further market updates as appropriate.


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