Augur updates drilling results from W. Java gold project

(11 June 2010)--The Directors of Augur Resources Ltd are pleased to advise that further results from the current diamond drilling program at its Central Jampang gold project in south-western Java have been received.

Data for holes JADD3 to JADD8 have been received. Holes JADD3, JADD4 and JADD5 were drilled in the northern section of the Puteran Simpang zone. Holes JADD6, JADD7 and JADD8 are to the north of the central Lipi gold zone.

Lipi North
To date the drilling has intersected a number of significant gold intersections within the Lipi North zone. This discovery is the first known high grade mineralisation at Lipi North. The most significant results relate to hole JADD8. The best intersection in JADD8 is 4m at 117.87 g/t gold and 12.63 g/t silver (includes a 1 m interval of 67 g/t gold and 45.4 g/t silver) from 75m. The high grade gold occurs within a broader anomalous gold zone and is hosted within a silicified andesite breccia with associated quartz veining.

The results from JADD8 are encouraging because they are approximately 130m north of the main Lipi zone and may indicate a significant extension of the mineralised zone. Further drilling is warranted in this area as it has potential to add significantly to any resource determined within the project area.

Hole JADD7 was drilled approximately -27m southwest of JADD8. The best intersection was 1m at 3.02 g/t gold from 52m. A review of the geological data suggests that JADD7 was possibly not drilled deep enough to intersect the mineralisation identified in hole JADD8. Extension of hole JADD7 has been planned.

A narrow, shallow zone of high grade gold mineralisation was intersected in Hole JADD6 at 7m, consisting of 0.5m at 56 g/t gold and 26.6 g/t silver. This hole was terminated at 63m. Hole JADD6 may have been drill at an unfavourable orientation to intersect the mineralisation identified in JADD8.

Puteran Simpang
Further significant gold was intersected within the Puteran Simpang prospect. Hole

JADD4 intersected 8 metres at 1.26 g/t gold and 2.75 g/t silver from 77m depth.

Hole JADD3 intersected 1m at 4.22 g/t, 36.3 g/t silver and 1.35% copper from 171m.

Hole JADD5 intersected broad zones of anomalous gold throughout the hole, with a number of samples above 0.5 g/t gold.

The five holes drilled by Augur in the Puteran Simpang area confirm the gold mineralisation in the area. Additional drill holes have been planned within the prospect and drilling of these holes will occur over the coming months, with the aim of fully defining the near surface mineralisation at Puteran Simpang. Puteran Simpang is a secondary target with Augur?s main focus on the Lipi prospect.

Current Activities
Augur is currently focussed on the Lipi north-Lipi prospect. The high grade intersections encountered by Augur at Lipi North indicate that significant gold mineralisation may exist beyond the historically identified Lipi zone.

Hole JADD9 drilled 20m to the northeast of JADD8 has been completed and this hole has intersected significant alteration. Results from JADD9 have not yet been received. Drilling of JADD10 further to the south has commenced and this hole has just been completed. This hole is focused on the main mineralised zone.

Augur has planned a detailed drill program with the aim of defining an initial JORC compliant resource by late 2010. The resource is expected to include mineralisation within the Lipi and Puteran-Simpang prospects.

Augur is also planning for a substantial RC drilling program to test a number of geophysical and geochemical anomalies outside of the known areas of mineralisation. This program is expected to commence in the near future.

The Jampang gold project is located approximately 150 kilometres south of Jakarta.

The general geology of the area consists of Miocene/Oligocene andesite and dacite rocks overlain by recent volcanic tuffs. Historical mapping and drilling, indicates that gold bearing veins consistent with epithermal or mesothermal style mineralisation exist in the area.

Whilst the area covered by the IUPs (Izin Usaha Pertambangans or mining business licences) has undergone historical gold mining, limited modern exploration has been conducted with the exception of a three year program undertaken between 1996 and 1998 by Canadian mining company Mispec Resources Inc.

Augur Resources has a 2 year option to purchase 90% of PT Golden Pricindo lndah, the company holding the licenses covering the central Jampang Gold project. (end of edited release)