SOURCE: Aurelius Consulting Group

July 18, 2005 10:10 ET

President and CEO of Wits Basin Updates Investors During Important Audio Interview

New Developments in the FSC/Witwatersrand Basin in South Africa

ORLANDO, FL -- (MARKET WIRE) -- July 18, 2005 -- The Aurelius Multimedia Network, a division of the Aurelius Consulting Group, announced today that Vance White, the president and CEO of Wits Basin Precious Minerals (OTC BB: WITM), was interviewed on Corporate Update, a special presentation of the Aurelius Internet Radio Network. Wits Basin Precious Minerals is a gold exploration and development company, which holds interests in three gold and one base metal exploration projects. To listen to the interview in entirety, please visit http://www.runonideas.com/ammn?source=WITM07152005.

During the interview, Mr. White discussed the developments regarding the Bates-Hunter Mine in Colorado and the extension of the Witwatersrand in South Africa. Key highlights of these developments include plans to begin the de-watering process with the water treatment facility in Colorado. This will allow levels sampling and metallurgical testing to be started in the coming weeks. In addition, drilling has reached the 2,300 meter level in the FSC/Witwatersrand Basin in South Africa.

About Wits Basin Precious Minerals, Inc.

Wits Basin is a minerals exploration and development company holding interests in four exploration projects and currently does not claim to have any mineral reserves on any project. The Company's common stock trades on the Over-the-Counter Bulletin Board under the symbol "WITM." For more information on Wits Basin Precious Minerals, Inc. (OTC BB: WITM), visit Wits Basin on the web at www.witsbasin.com.

About Aurelius Multimedia Network

The Aurelius Consulting Group (ACG) focuses primarily on creating retail and institutional support for undervalued, undiscovered micro-cap companies. The Aurelius network consists of stock brokers, fund managers, investment bankers, analysts and institutions who actively seek opportunities in the micro- and small-cap sectors. In addition to traditional communication and marketing efforts that put publicly held companies face-to-face with Wall Street's micro-cap equity players, the Aurelius Consulting Group employs a variety of communication programs, including direct mail, advanced telemarketing, internet television, e-mail and web-based advertising. For more information, please visit www.runonideas.com.

Any information or opinion provided in this profile does not solicit or make an offer to buy or sell any securities or any options, futures or other derivatives related to such securities herein. Aurelius Consulting Group, Inc. or its affiliates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report/release. This profile has been prepared for general circulation and is circulated for general information only. In addition, some information was obtained from publicly available information or from Aurelius' interpretation of public information and does not represent the opinions of Wits Basin Precious Minerals Inc. nor has the information necessarily been reviewed or approved by the management of Wits Basin Precious Minerals Inc. It does not have regard to specific investment objective, financial situation and the particular need of any specific person who may receive this profile. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report/release and should understand that statements regarding future prospects may not be realized. In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that the Aurelius Consulting Group is an investor relations firm hired by the Company and receives a monthly cash fee of $10,000 and 75,000 shares of WITM restricted stock (Rule 144) per quarter.

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