Australian Mines Limited reported that a recent Induced Polarisation (IP) geophysical survey over its 100%-owned Flemington Project in New South Wales has returned a distinct chargeability anomaly in the north-east of the survey area Modelling of this anomaly suggests that the source extends from near surface to depth and may represent potential sulphide mineralisation. Australian Mines' Flemington Project is situated in the Lachlan Transverse Zone of New South Wales The Lachlan Transverse Zone hosts some of New South Wales' largest producing copper andgold mines including Newcrest's Cadia Mine 1 and the Northparkes mine 2. Australian Mines' initial exploration activities across its Flemington project area were centred around its cobalt-scandium-nickel Mineral Resource 3 associated with the project's ultramafic sequence. As a result, the Company's Flemington Project is one of the most advanced cobalt- scandium-nickel projects in New South Wales. Whilst work related to the expansion of the project's cobalt-scandium-nickel resource is continuing, a review of the Flemington Project in 2020 4 highlighted that, in addition to its impressive cobalt-scandium-nickel potential, Australian Mines' Flemington Project also hosts a number of monzodiorite intrusive complexes, being a similar geological setting that hosts many of the nearby copper/gold mines Australian Mines, therefore, considers the IP anomaly recently recorded within its Flemington Project to be highly significant, particularly given that this anomaly is situated within a quartz- hornblende monzonite (being same host rocks as Northparkes and Cadia East) that intruded during the Ordovician geological period (being the same timing as the mineralisation at Northparkes and Cadia East). The Company has commenced a field reconnaissance program of the IP anomaly at Flemington with the intention of undertaking a reverse circulation (RC) drill program over this emerging copper-gold target zone from next month.