Asian Mineral Resources Limited

Asian Mineral Resources Limited

October 09, 2007 21:23 ET

Asian Mineral Resources Limited: Vietnam Resource Investments (Holdings) Limited Press Release

TORONTO, ONTARIO--(Marketwire - Oct. 9, 2007) - Asian Mineral Resources Limited ("AMR") (TSX VENTURE:ASN) acknowledged in response to the press release issued today by Vietnam Resource Investments (Holdings) Limited ("VRI") that it has been engaged in discussions with VRI. However, VRI's statement that as a result of recent actions by the Board VRI has lost confidence that the Board is acting in the best interests of all shareholders comes as a complete surprise to AMR. AMR will withhold further comment until it receives the requisition for a general meeting of the shareholders of AMR that VRI indicated it intends to provide.

Company Profile:

Asian Mineral Resources Limited is currently engaged in the exploration and development of the Vietnamese located Ban Phuc Nickel Project in which it currently has a 90% interest. The Project is part of a granted Foreign Investment License covering 150 square kilometres of highly prospective ultramafic hosted nickel occurrences.

For further details on the Company and the Ban Phuc Nickel Project please refer to the website at

Forward-Looking Statements

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Asian Mineral Resources Limited are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Asian Mineral Resources Limited's expectations are disclosed under the heading "Risk Factors" and elsewhere in Asian Mineral Resources Limited documents filed from time-to-time with the TSX Venture Exchange and other regulatory authorities.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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