Cash Minerals Ltd.

Cash Minerals Ltd.

November 24, 2006 13:12 ET

Cash Minerals to Join Uranium Panel at San Francisco Hard Assets Investment Conference

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 24, 2006) - Cash Minerals Ltd. (TSX VENTURE:CHX) has been invited to take part in a uranium panel at the upcoming San Francisco Hard Assets Investment Conference taking place at the San Francisco Marriott Hotel (55 Fourth Street, San Francisco) on November 26 and 27. The session, titled Mr. Dines Uranium Picks, will be hosted by highly regarded investment advisor Mr. James Dines. Cash Minerals will be represented by Mr. Basil Botha, President and CEO who will be discussing Cash Minerals 2006 exploration program and future plans for the 2007 uranium exploration program in the Yukon.

The session is scheduled to be held on Sunday, November 26, 2006 at 12:00 p.m. (Pacific Time) at the San Francisco Marriott Hotel.

Cash Minerals cordially invites you visit Booth #817 at the San Francisco Hard Assets Investment Conference to meet the management team. The booth will be staffed by Basil Botha, President & CEO, Peter Arendt, VP Engineering & Marketing and Salisha Hosein, Manager, Investor Relations who will be pleased to assist you in learning more about the company.

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 optional right to earn a 75% interest in any of the Wernecke District uranium prospects located in the Yukon. These highly prospective prospects include numerous IOCG, structurally-controlled and unconformity-related uranium targets. In 2006, Cash Minerals conducted an extensive exploration program in the Wernecke District, which included 2,600 of drilling at the Lumina property and 3,000 metres of drilling at the Igor property. Initial drillhole assays for Lumina (Jack Flash Showing) were released on September 6, 2006, with very positive results including an intersection of 55.01 m of 0.103% U3O8, (including 27.01 m of 0.203% U3O8). Assays from Igor in 2005 included an intersection of 14.5 m of 4.79% Cu and 0.215% U3O8. Cash Minerals is awaiting final assays for the remaining drillholes from the 2006 exploration program.

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 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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