Mindax Limited

Mindax claims to have identified a large uranium anomaly at its Maynard Hills tenements in the Sandstone-Meekatharra area of the Yilgarn Craton in Western Australia, and has submitted two additional tenement applications to fully secure the area. Mindax Ltd found the area while conducting an aerial survey over its Maynard Hill tenements.

Mindax Ltd is a junior gold explorer, a fairly new company listed with the ASX on 8 December, 2004

Managing director Greg Bromley says the uranium find anomaly is similar to those generated by the Yeelirrie calcrete style of uranium mineralisation in the northern Goldfields.

Mindax said the recently completed airborne geophysical survey indicated a significant uranium channel response associated with Noondie lake system, extending over 20 kilometres in length. Mindax said the company would conduct an exploration program "as soon as practicable".

NOTE: It is difficult to identify which of the following tenements Mindax is referring to.

Maynard Hills E57/603 applied for 11/05/05 and E57/602 applied 11/05/2005

Company Information

Suite 9, 57 Labouchere Road,
SOUTH PERTH , WA

http://www.mindax.com.au/

Directors

Mr Gilbert George (Chairman)
Mr Gregory Bromley (Managing Director)
Mr Nicholas Smith (Director)

Mindax has an unusual shareholding; of 28,637,395 shares, 15,287,394 are identified as being held by a large number of small shareholders.