Inactive Instrument

Mantle Mining Corporation Limited Australian S.E.

Equities

AU000000MNM6

Mantle Mining Corporation Limited : Exergen ALDP Grant Application Unsuccessful

January 06, 2014 at 06:15 pm IST

MarketScreener.com By

EXERGEN'S ALDP GRANT APPLICATION UNSUCCESSFUL

ASX ANNOUNCEMENT 3 JANUARY 2014

Mantle Mining Corporation Limited (ASX: MNM) wishes to provide the following update on activities in relation to its coal projects.
Exergen Pty Ltd has advised Mantle that it has not been successful in its application for a grant under the
Advanced Lignite Demonstration Program (ALDP).
Further information will be provided in relation to Exergen's commercialisation pathway for its patented coal upgrading technology in due course.
Mantle remains committed to delivering shareholder value and to that end is in confidential negotiations with potential investors/partners concerning the Company's coal projects.
These negotiations remain incomplete. The Company will keep the market informed in the event of a material development from ongoing discussions.
For further information please contact:

Ian Kraemer

Managing Director

Mantle Mining Corporation Limited ikraemer@mantlemining.com

P: +61 7 3310 8932

About Mantle Mining Corporation Limited

Mantle Mining (ASX: MNM) is an Australian based minerals exploration company that is focussed on a range of in high demand commodities. Mantle's principal activities are to acquire exploration tenements and locate economically developable deposits of coal and gold. It is Mantle's intention to progress mineral deposits through feasibility and into

mining operations, to the benefit of all stakeholders.

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Company Profile

AuStar Gold Limited, formerly Mantle Mining Corporation Limited, is an Australia-based gold miner with its projects located in Queensland and Victoria. The Company holds interest in various gold projects, which include Morning Star Gold Project, Norton Gold Project, Granite Castle Project and Charters Towers Project. The Company also holds interest in various coal projects, which include Bacchus Marsh Project and Latrobe Valley Project. The Company holds interest in Morning Star Gold NL, which in turn owns the Morning Star project. The Morning Star gold mine is located near the town of Woods Point approximately 120 kilometers northeast of Melbourne. The Norton Mine is located approximately 100 kilometers south of the port city of Gladstone, Queensland. The Charters Towers Gold Project is located around the township of Charters Towers in north Queensland. Granite Castle is located approximately 260 kilometers west of Townsville and approximately 120 kilometers north of Hughenden.

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