Augustus Minerals RC Drilling Update at Ti-Tree Project

Highlights:

• To date RC drilling has completed 50 holes totaling 5,320m
• Drilling is progressing faster than expected due to favourable ground conditions
• Drilling focused initially on the 8km x 3km copper zone which hosts prospects Copper Ridge, Nick’s Bore, Crawford and Crawford South
• Drilling now concentrating on the 3km long Cu-Au-Mo anomaly at Minnie Springs, with completion scheduled for mid-November
• First batch of samples is in transit to laboratory for analysis