ann: trial mining update

ABM Resources NL (“ABM” or “The Company”) presents an update on the trial mining and processing at the Old Pirate High-Grade Gold Project in the Northern Territory of Australia.
• Camp infrastructure:
• 24 person accommodation units installed and operational.
• Site-offices installed and operational.
• Construction of modular pilot processing plant continues:
• Generator sets arrived and installed.
• Fuel tanks arrived and installed.
• Three stage crushing plant complete and being consigned from Index Industrial Brokers in Brisbane to arrive within a week.
• Knelson Concentrator, screens, pumps and structure complete and being consigned from Consep Pty Ltd in Sydney to arrive within a week.
• Scrubber and Jig nearing completion to be consigned from Amtas Pty Ltd in Perth within 2 weeks.
• Ball Mill undergoing final refurbishment to be consigned from Index Industrial Brokers in Brisbane within 2 weeks.
• Site Works:
• Processing pad completed.
• Prefabricated concrete slabs delivered.
• Tailings Storage Facility excavation nearing completion.
• Excavation of ore:
• Excavation of ore has commenced, initially at Golden Hind.
• Top soil clearing at remaining trial mine areas over multiple zones at Old Pirate.
• New mineralised zones with visible gold identified along strike and on the hanging wall side of the main Golden Hind structure.
• On-going low-cost surface exploration:
• Further high-grade assay results confirming potential of Bermuda South area.
• High-grade gold assays over a strike length of 35 metres and multiple quartz vein structures in a zone up to 20 metres wide:
? 45.70g/t gold peak value at surface from systematic surface sampling. ? Never before tested with drilling.