EML PAYMENTS LIMITED - AGM Information 2007

==> picture [595 x 98] intentionally omitted <==

Wednesday, 14 November 2007

The Manager Companies Announcements Office Australian Stock Exchange 20 Bridge Street SYDNEY NSW 2000

Australasia Gold Presentation to the AGM

Attached please find the presentation to the Company’s Annual General Meeting by Managing Director Trevor Ireland entitled “Australasia Gold Progress of Exploration November 3007”

PROGRESS OF EXPLORATION: NOVEMBER 2007

==> picture [635 x 96] intentionally omitted <==

==> picture [635 x 97] intentionally omitted <==

Trevor Ireland Managing Director

==> picture [636 x 477] intentionally omitted <==

----- Start of picture text -----

ACHIEVEMENTS – ALL PROJECTS
During the last 12 months
DIRECTIONS & PRIORITIES
Next half year
Pine Creek -
Glencoe
Gawler Craton
- Murninnie
Lucknow
Otago
----- End of picture text -----

==> picture [636 x 477] intentionally omitted <==

----- Start of picture text -----

MURNINNIE
Gawler Craton

MURNINNIE
Phase 1
Completed:
Geophysics
Geochemistry
Drilling the Copper
Drilling the Gravity
----- End of picture text -----*

==> picture [636 x 477] intentionally omitted <==

----- Start of picture text -----

Diamond Drilling Result: MDD003 (Schematic)
MDD003
MDD 003 Projected 45m to North Murninnie Line
Conductive zone
1.0m x 0.9% Cu, with anomalous
Bedrock with moderate to high resistivity Ag, Bi, REE’s, U, Zn, Zr, Sn, W
Bedrock with lower resistivity
----- End of picture text -----

==> picture [636 x 477] intentionally omitted <==

----- Start of picture text -----

MURNINNIE
Gawler Craton

MURNINNIE
Where Now?
Infill gravity survey,
More drilling
Soil Geochemistry:
follow up in SW
reconn in NW
Uranium
Eastern Basement
(concealed by
50-100m cover
----- End of picture text -----*

==> picture [636 x 477] intentionally omitted <==

----- Start of picture text -----

GLENCOE
Pine Creek

GLENCOE - Advances: 3700E
Geo-interpretation
Induced Polarisation Survey
Drill Design; Pre-feasibility
----- End of picture text -----*

==> picture [5 x 4] intentionally omitted <==

==> picture [4 x 4] intentionally omitted <==

==> picture [5 x 4] intentionally omitted <==

==> picture [4 x 4] intentionally omitted <==

==> picture [5 x 4] intentionally omitted <==

==> picture [4 x 4] intentionally omitted <==

==> picture [5 x 4] intentionally omitted <==

==> picture [4 x 4] intentionally omitted <==

==> picture [5 x 4] intentionally omitted <==

==> picture [4 x 4] intentionally omitted <==

==> picture [5 x 4] intentionally omitted <==

==> picture [5 x 5] intentionally omitted <==

==> picture [4 x 5] intentionally omitted <==

==> picture [5 x 5] intentionally omitted <==

==> picture [4 x 5] intentionally omitted <==

==> picture [5 x 5] intentionally omitted <==

==> picture [4 x 5] intentionally omitted <==

==> picture [5 x 5] intentionally omitted <==

==> picture [4 x 5] intentionally omitted <==

==> picture [5 x 5] intentionally omitted <==

==> picture [4 x 5] intentionally omitted <==

==> picture [5 x 5] intentionally omitted <==

GLENCOE Pine Creek DRILLING TARGETS FROM IP SURVEY: * Proposed DRILLING: (Nov-Dec ’07?) Objectives: Metallurgical Sample Geotechnical Information Ox.Resources Depth Extensions

==> picture [636 x 477] intentionally omitted <==

----- Start of picture text -----

REGIONAL
TARGETS
Pine Creek

AIR CORE DRILLING:
(results
TARGETS UNDER
pending)
BLACK SOIL
In progress …
(drilling
imminent)
----- End of picture text -----*

==> picture [636 x 477] intentionally omitted <==

----- Start of picture text -----

REGIONAL
TARGETS
Pine Creek

RESEARCH &
DEVELOPMENT:
BIOGEOCHEMISTRY
2008:
ANALYSE & APPLY
THE RESULTS
----- End of picture text -----*

==> picture [636 x 477] intentionally omitted <==

----- Start of picture text -----

RECONNAISSANCE
OTAGO

JV GLASS EARTH
(earning 70%)
NEW AIRBORNE
GEOPHYSICAL
SURVEYS:
MAGNETIC,
ELECTROMAGNETIC
AAO Prospecting Permits 39-266 & 329 1,240 LINE KM
2008 >> TARGETS:
GROUND GEOPHYSICAL &
GEOCHEMICAL SURVEYS
DRILLING
----- End of picture text -----*

==> picture [232 x 87] intentionally omitted <==

LUCKNOW NSW * Completed: DRILLING THROUGH THE BASALT BLANKET Results: ENCOURAGING BASEMENT ROCKS & MINERALISATION Outcome: ACCEPTED OFFER TO PURCHASE FOR $150,000 + 1% ROYALTY

==> picture [232 x 87] intentionally omitted <==

NEW OPPORTUNITIES: Some of the locations where opportunities have been evaluated since 2006 AGM In some cases, assessment is continuing

==> picture [475 x 290] intentionally omitted <==

==> picture [232 x 87] intentionally omitted <==

PROGRAM TO JUNE 2008 …………. *
• PINE CREEK Glencoe - 2,000m Diamond Drilling - Characterise resource - metallurgical sample - test IP, depth extensions • OTAGO
= Inputs Pre-feasibility Studies Glass Earth JV – EM Anomalies
Exploration Licences - ground geophysics surveys
focus: blacksoil plains
- Air Core Drilling (& follow up) - Biogeochemistry • PROJECT GENERATION
• GAWLER CRATON - MURNINNIE Australia (Gold) Gravity Infill - focus Pine Creek, Gawler Soil Geochemistry International (Gold + Metals) Diamond Drilling - focus SE Asia, S-W Pacific

==> picture [635 x 96] intentionally omitted <==

==> picture [635 x 97] intentionally omitted <==

==> picture [635 x 96] intentionally omitted <==

----- Start of picture text -----

The information in this report that relates to Exploration Results, Mineral Resources
----- End of picture text -----

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Trevor Ireland who is a fellow of the Australasian Institute of Mining & Metallurgy. Mr Ireland is an employee of Australasia Gold Limited and has sufficient experience relevant to the styles of mineralisation under consideration and to the subject matter of the report to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Ireland consents to the inclusion in the report of the matters based on his information in the form and context in which they occur.

Trevor Ireland Managing Director

[email protected]

AI assistant

EML PAYMENTS LIMITED AGM Information 2007

64847_rns_2007-11-13_09d36ad7-001f-492e-ad5f-f66bac633c72.pdf

Australasia Gold Presentation to the AGM

AI assistant

EML PAYMENTS LIMITED — AGM Information 2007

64847_rns_2007-11-13_09d36ad7-001f-492e-ad5f-f66bac633c72.pdf

Australasia Gold Presentation to the AGM

More from EML PAYMENTS LIMITED

EML PAYMENTS LIMITED AGM Information 2007