Augur updates drilling results from W. Java gold project

(24 June 2010)--The Directors of Augur Resources Ltd are pleased to advise that the base metal and silver results from the first diamond drill hole in the main Lipi zone within the Central Jampang Gold project in south-western Java have been received.

The results from JADD10 indicate that the mineralised zone is more extensive than first reported. On 23 of June 2010 Augur reported that 20m at 2.79 g/t gold from 34.6m depth had been intersected in hole JADD10. The base metal and silver results indicate that the zone of mineralisation is more extensive than the above reported intersection.

Augur is now pleased to report that the near surface mineralised interval in JADD10 is 36m at 1.74 g/t gold, 0.89% copper and 7.95 g/t silver from 28.6m. This includes 3m at 10 g/t gold, 2.47% copper and 14.2 g/t silver from 41.6m and a further 7m of 0.44 g/t gold, 1.4% copper and 16.6 g/t silver from 57.6m.

Furthermore a second mineralised zone is identifiable which returned 4.7m at 1.48% copper, 0.34 g/t gold and 11.22g/t silver from 84m depth.

While copper mineralisation had previously been identified within the Lipi prospect the extent of the mineralisation was not known. Metallurgical studies will now be designed with the aim of testing the recovery of not only the gold and silver but also the copper. The additional recovery of copper has the potential to have a positive impact on the economic viability of the deposit.

Initial metallurgical studies are expected to commence in August. Augur is continuing its drill program at Lipi with the aim of defining a JORC compliant resource by late 2010.

The copper mineralisation within hole JADD10 is disseminated within a dacite unit. Further drill testing is required to determine the extent of the dacite unit. (end of edited release)