AIM Resources Ltd.
ASX : AIM
AIM : AIMR

AIM Resources Ltd.

January 08, 2008 10:52 ET

AIM Resources Limited: Drilling to Commence at Mumbwa Copper-Gold Project, Zambia

SYDNEY, AUSTRALIA--(Marketwire - Jan. 8, 2008) - AIM Resources Ltd (AIM, the Company) (AIM:AIMR)(ASX:AIM) is pleased to announce it will commence drilling on the Mumbwa Copper-Gold Project in Zambia this month.

The Company has engaged three drilling rigs to complete 13 cored holes for a total of approximately 9,100 metres.

This drilling programme is the follow up to previously intersected mineralisation, announced on 22 May 2007, which yielded 655.4m at 0.46% Cu and included some gold in drill hole S36-001.

Higher grade intersections within this hole included 42m at greater than 2% Cu, and a zone of 4m at greater than 5% Copper. Gold was intersected over an 18m and 12m interval yielding 0.20 g/t and 0.17 g/t respectively, which is vertically contiguous to the zones yielding higher copper.

From the proposed 13 drillholes, the average hole depth will be 700 metres and samples will be routinely collected and analysed for copper, gold, uranium and a suite of 14 other elements including cobalt, arsenic and silver.

AIM Resources Managing Director, Mr Marc Flory said, "based on previous results achieved in the last program, I am looking forward to further advancing this exciting project and presenting these results as they become available".

Boart Longyear and Ox Drilling Services, based in Zambia, are expected to commence drilling in late January. Ground personnel have already inspected the drill sites and logistics management is underway.

MSA Geoservices (MSA), a Johannesburg based company, are engaged as technical advisers for the programme, providing geological consultancy to the project in conjunction with the Company and BHP Billiton.

MSA provides services for the mineral exploration industry in accordance with guidelines for the Australian Institute of Mining and Metallurgy (AusIMM) JORC code, the South African Mineral Reporting Code (SAMREC) and the Canadian National Instrument 43101 (NI 43101) guidelines.

AIM Resources is listed on the ASX (code: "AIM") and on London's Alternative Investment Market (code: "AIMR").

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