Cash Minerals Ltd.

Cash Minerals Ltd.

November 01, 2006 08:00 ET

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

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 1, 2006) - Cash Minerals Ltd. (TSX VENTURE:CHX) today announced that the company has been invited to take part in a uranium panel at the upcoming San Francisco Hard Assets Conference. 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. 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 will also be exhibiting a booth in the main exhibition hall on November 26th and 27th. Investors interested in meeting with management are invited to visit booth #817.

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 six uranium prospects located in various parts of the Yukon. The properties are Lumina, Igor, Bond, Steel, Alle and Pedler. These highly prospective prospects include numerous IOCG, structurally-controlled and unconformity-related uranium targets. The agreement also grants Cash Minerals the right to earn 50% in any uranium properties that is subsequently discovered by the joint venture.

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. Division Mountain contains a confirmed (NI 43-101) coal resource of 52.5 million tonnes, which occupies less than five percent of the coal properties. 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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