Cash Minerals Ltd.

Cash Minerals Ltd.

January 30, 2007 17:33 ET

CORRECTION FROM SOURCE: Cash Minerals Invited to Present on Wernecke Uranium District at Mineral Exploration Roundup 2007

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 30, 2007) - This release was sent on January 30 at 8:00AM ET. In the first and second paragraph the date was incorrectly listed as Wednesday, February 1. The correct date is Wednesday, January 31. The complete and correct release follows.

Cash Minerals Ltd. (TSX VENTURE:CHX) today announced that the company will present at Mineral Exploration Roundup 2007, which takes place January 29 to February 1 in Vancouver, B.C. The presentation titled "Diversity in Uranium Mineralization Styles in the Wernecke Mountains, Yukon" will be given by Dr. Geordie Mark, IOCG Geologist on Wednesday, January 31, 2007 at 11:10 a.m. (Pacific Time) at the Westin Bayshore Hotel, Vancouver.

Cash Minerals will also be featured at the Roundup Core Shack event that takes place on Wednesday, January 31 at the Westin Bayshore Hotel. Investors interested in viewing core from the company's 2006 uranium exploration program are invited to visit the display.

Earlier this month, Cash Minerals released assays from its Lumina and Igor properties. Results from both properties were very positive and further support the Company's aggressive 2007 uranium exploration program in the Wernecke District, Yukon. In addition to these results, Cash Minerals is pursuing strategic growth partnerships, recently announcing its intent to acquire a majority interest in the highly prospective Aillik property, located in the Central Mineral Belt, Labrador.

About Cash Minerals Ltd.

Cash Minerals ( is an emerging publicly listed energy company focused on uranium, coal and alternative fuels (synfuels). Under an agreement with joint venture partner Twenty-Seven Capital Corp., Cash Minerals has the option to earn a 75% interest in uranium prospects located in various parts of the Yukon. These highly prospective prospects include numerous IOCG, structurally-controlled hydrothermal uranium targets.

The Company is also engaged in exploring and developing coal properties in southwest Yukon Territory. The Division Mountain coal project comprises of five coal leases measuring 776.4 hectares and 30 territorial coal exploration licenses covering some 360,000 hectares in coal-bearing stratigraphy. The Division Mountain NI 43-101 report of December 21, 2005 states a measured resource of 52.5 million tonnes of high Volatile "B" Bituminous coal for the property, which occupies less than five percent of Cash Mineral's total coal leases in the Yukon. The potential exists to export coal through the Port of Skagway, Alaska, as well as providing feedstock for a mine-mouth power station.

Cash Minerals is also pursuing the development of a coal mine in China which would provide feedstock to an adjacent coal-to-liquids (CTL) plant, which would utilize the Fischer-Tropsch process to convert coal into clean-burning fuel.

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