Australasian Metals LimitedASX: A8G

Gallium Mineralisation Discovered at May Queen South

· Issued by Australasian Metals Limited

Filed with ASX · · 11 pages · English

• Significant levels of the semiconductor elements gallium (Ga) and germanium (Ge) identified within the May Queen South Bauxite resource. • Significant elevated gallium results returned averaging 67.59 g/t Ga over 12 random samples with an assay high of 145.5 g/t Ga. • The May Queen South Bauxite Project (EL 16260 and EPM 16261) has a JORC (2012) Inferred Mineral Resource Estimate of 54.9Mt at 37

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