Moab Minerals Limited announced that exploration activities have commenced at the Company's Mt Amy Gold Project in the Gascoyne region of Western Australia. The Mt Amy Gold Project is situated at the northern extent of the Ashburton Basin where it meets the Carnarvon Basin. Historical exploration, principally by Sandfire Resources NL, identified a coherent gold in soil anomaly up to 1.0km long and 400m wide as well as gold-anomalous rock chip samples in adjacent areas that have not been followed up.

At a 6 PPB Au threshold, a coherent gold in soil anomaly is produced over 1,000m long and 400m wide, with this anomaly not followed up. Moab has decided to infill the existing sample coverage to 200m spaced lines, as to obtain more detail on the shape and consistency of the gold anomaly prior to making a decision to carry out drilling. Moab has designed a program of BLEG1 soil sampling to follow-up and infill the historic 1km long gold soil anomaly and the adjacent area of anomalous rock chip samples.

The area to be sampled consists of Ashburton Basin sediments which are folded and deformed on a northwest trending axis which represents the northern continuation of the Nanjilgardy Fault corridor. This is also the major controlling structure for the Paulsens gold deposit, 35kms to the southeast. Native Title ­ Heritage Agreement: The Company recently executed a Heritage Agreement with the PKKP Aboriginal Corporation.

News Flow and Further Information: The Company will provide an update on the timing of analytical results on completion of the current program and acceptance of the samples by the assay laboratory in Perth.