ASTRON LIMITED — Interim / Quarterly Report 2011

Apr 13, 2011

==> picture [188 x 64] intentionally omitted <==

ASTRON LIMITED ABN 97 000 285 272

Notice to the Australian Stock Exchange Production and Exploration Report Quarter Ended 31 March 2011

Donald Mineral Sands Pty Ltd (100% controlled by Astron Limited)

Donald Mineral Sands Pty Ltd owns EL 4433 and EL4432 which together the comprise the Donald Mineral Sands Project (Donald Project)

PRODUCTION

During the quarter the Donald Project did not conduct any production activities.

DEVELOPMENT

During the quarter development on the Donald Project continued. The following was undertaken:

Geology

Gold exploration

• 42 gold drill hole programme was completed at the end of March 2011. Samples are currently being assayed with a report due Mid May.

Water

• Discussion with GWMW on supplying water to the project is ongoing. A preliminary engineering study for delivery system options and costs for this type of water supply has been undertaken.

Capital and operating cost estimates

• RJ Robbins has completed capital and operating cost estimates for the processing plants. This work includes the costs to locate the CUP and MSP in Australia.

Land purchase

• A block of land forming part of the mining area was purchased for $712,225.

Registered Office: Level 19, 2 Market Street, Sydney NSW 2000, Australia Tel: 61 2 9375 2361 Fax: 61 2 9375 2121 www.astronlimited.com

==> picture [188 x 64] intentionally omitted <==

EXPENDITURE SUMMARY

Total expenses have been incurred as follows:

Production Activities	MarQtr 2011	YTD 2011 FY
	Nil	Nil
DevelopmentActivities	MarQtr 2011	YTD 2011 FY
	859,485	3,752,402

Astron Gambian and Senegal Investments

The Gambia Mineral Sands Project

Further to the previous announcements with respect to the Gambian mining operations there was no activity for the current period to report.

The uncertainty continues with regard to the mining licence, company situation and the claim against The Gambian Government.

Senegal Mineral Sands Project

The Environmental Impact Assessment has been lodged with technical committee of the mines department. This is progressing well.

Contact details

Simon Peters Mark Nielsen Mining and Development Manager Company Secretary (03) 5385 7088 (02) 9375 2361

Registered Office: Level 19, 2 Market Street, Sydney NSW 2000, Australia Tel: 61 2 9375 2361 Fax: 61 2 9375 2121 www.astronlimited.com