Asian Mineral Resources Limited Registered Office Address Fortune Manning Law Partnership Pricewaterhouse Centre 66 Wyndham Street Auckland Directors BATES, Terence Edgar RICCIO, Luca Michaelango CASTLE, Chris D BOJTOS, Dr. Luca Background Incorporated: 17-NOV-1988 Major Shareholders International Resource Development - 32.58% Terence Edgar Bates - 10.58% Widespread Portfolio Ltd - 10.10% Otter Gold Mines - 3.45% Shares on Issue Unknown Ownership Restrictions None Known Share Registry Level 2 159 Hurstmere road Takapuna Auckland Website www.asianminres.com News
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 06.03.02 - Company Announcement Asian Mineral Resources Limited (AMV- NZSE:2Y) has completed a 4,100 metre diamond drilling program in 13 holes on its Ta Khoa concession in Vietnam. Ten of the holes were designed to further test the King Snake zone where earlier results had been quite encouraging. Three of the holes intersected mineralization, namely holes BP01-12, 16 and 18, while in the other holes the zone was either represented by a graphitic shear containing barren sulphides or the zone was missing due to faulting. Results were as follows: BP01-12 Previously reported on 21/1/2002. BP01-16 ( 51600E/51145N) (Dip-70 Azimuth 020) The King Snake zone was thin and sheared with a band of semi massive sulphides from 334.66 to 335.25m. containing 1.37% Ni; 0.51% Cu; 0.09% Co; 0.34g Pt/t; 0.77g Pd/t. Samples on either side contained anomalous mineralization. BP01-18 (51200E/ 51300N) (Dip-62 Azimuth 020) The King Snake zone occurred as a zone of sheared graphitic sediments, very sheared ultramafic rocks and a 10cm. band of massive sulphides from 175.47 to 180.25m. From 178.05 to 179.59 the mineralization was anomalous, and included the sulphide band as follows: 178.47to 178.58m. containing 1.00% Ni; 0.24% Cu; 0.06% Co; 0.29g Pt/t; 0.85g Pd/t. The most significant result in the program was obtained from BP01-20 (50075E/ 50408N), which was drilled to test a geophysical anomaly on the north side of the Ban Phuc intrusive body. The hole intersected the Ban Phuc intrusive from 126.75 to 233m. thereby confirming the geophysical ground magnetic indications which suggested that the intrusive plunges to the northeast. This is of significance as it increases the potential to locate additional cumulate sulphide resources in the Ban Phuc intrusive, and it provides new exploration opportunities in that area. Since the drilling did not discover a major sulphide deposit of 20 million tonnes or greater on the property, Falconbridge Limited have advised AMR that they are withdrawing from the option agreement which gave them the right to acquire a 51% interest in AMR Nickel Limited. This means that AMR can now proceed with definition drilling and the commencement of a feasibility study on the Ban Phuc deposit. As the first step in this process a re-interpretation of the resources at Ban Phuc will be carried out to include all new data and geological interpretations. In addition, the possibility remains for finding smaller lenses, of between half to two million tonnes of economic mineralization, in the 2.6 kilometre long King Snake zone. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 24 January 2002 - NZUM The first batch of results from Asian Mineral Resources' properties in Vietnam are encouraging, with a large sulphide rich quartz vein being discovered. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Thursday, November 23, 2000 - NBR Briefs Asian Mineral Resources, which is on the NZSE's unlisted securities board, raised $200,000 with private placed of 400,000 shares at 50c each. AMR has exploration interests in Vietnam. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Thursday, October 12, 2000 - NBR Briefs Asian Mineral Resources (AMV), spun off from Spectrum Resources last year, said its proposed diamond drilling programme in the Ta Khoa concession in Vietnam had been approved. Drilling is expected to start next month after the building of access roads.