Australian Mines Limited advised that it has commenced a ground-based geophysical survey over one of two conceptual porphyry copper-gold targets previously identified within its 100%-owned Flemington Project in central New South Wales. Copper mineralisation has been observed 3 by Australian Mines' exploration team in the vicinity of Target A. This strengthens the case for the Company undertaking a cost-effective geophysical survey over the target area to ascertain an approximate scale of any copper-gold anomalies or mineralisation at Target A in advance Australian Mines commencing any follow-up drilling campaign. The Induced Polarisation geophysical survey (which has proven to be an effective technique that led to the discovery of major copper-gold deposits across the Lachlan Fold Belt 4, within which the Company's Flemington Project is located) is anticipate up take up to one month to complete. Processing, modelling and interpretation of the resulting Induced Polarisation (or IP) data is expected to take a further six weeks. Australian Mines views the pursuit of the copper-gold porphyry potential at its Flemington Project as being consistent with the Company's longer-term strategy of developing its entire portfolio of projects in an endeavour to maximise value for its shareholders.