PRODIGY GOLD NL — Capital/Financing Update 2008

Apr 6, 2008

7 April 2008 ASX CODE: ABU

ASX ANNOUNCEMENT / MEDIA RELEASE

Mimosa Gold Project Returns encouraging Rock Chip Assay Results

Follow up rock chip sampling shows rock chip assays of up to 30.1g/t Au from the Mimosa Gold Project. An up to 8,000m RC drilling program is scheduled to commence by mid-April to test quartz vein targets within a regional gold bearing structure.

Mimosa Gold Project Background

ABM Resources NL's (59.33/40.67 JV with Ayr Resources Mozambique Limitada) highly prospective Mimosa gold project is located in the under-explored Archean greenstone belt of the Manica Province in central Mozambique, approximately 800 kilometres north of the Mozambique capital of Maputo.

Mimosa lies in the east-west trending Odzi-Mutare Greenstone Belt which has historically produced an estimated 2.5 million ounces of gold. Local artisanal miners have been mining gold in sheeted quartz veins and stockworks at Mimosa by hand for approximately 20 years. The project consists of three concessions totalling 960 hectares.

Follow up Rock Chip Sampling Program

A follow up rock chip sampling program comprising of 16 samples (first rock sampling program assay results released 14 February 2008) completed at the Mimosa JV Gold Project in Mozambique during February 2008 has returned significant results of 4.23 g/t (4230ppb) Au and 30.1g/t (30100 ppb) Au. The assay results from the program ranged from 2ppb to 30100 ppb Au. The follow up sampling program was designed to collect samples as part of the geological mapping of the project area and also collect samples from an area where previous samples had been damaged during shipment late last year. Rock chip sample locations and results are shown in the table below.

Sample Number	North	East	Au ppb
8MMR115	7920071	479650	2
8MMR116	7921786	481194	194
8MMR117	7922083	481334	2
8MMR118	7922110	481420	173
8MMR119	7921123	480261	55
8MMR120	7921126	480263	4230
8MMR121	7921580	480810	18
8MMR122	7921604	480933	26
8MMR123	7921820	480927	30100
8MMR124	7921662	481336	75
8MMR125	7922654	481889	61
8MMR126	7922184	481402	4
8MMR127	7921836	481006	6
8MMR128	7921831	480991	17
8MMR129	7921817	481036	3
8MMR130	7921568	480859	4

Detailed Geological Mapping and Proposed RC Drilling Program

A program of detailed geological mapping to understand the lithologies and structure of the Mimosa project area is still underway. The gold bearing structure strikes approximately ENE. Holes will be placed on an E-W grid and angled to the south to intersect the regional structure controlled quartz veins (dipping steeply to the north), and more localised shallow dipping veins. As the first phase of drilling commences, a series of trenches will be dug between the Mimosa pits and the adits. A combination of data collected from these trenches, plus our further understanding of the geology, will aid the planning of drill holes in this poorly exposed area.

Mimosa Location Map

For any questions on the release please contact:

MR IMANTS KINS Executive Chairman

+61 8 9423 9777

ABOUT ABM RESOURCES NL:

The conceptual exploration framework of the company is focused on delineating major mineral discoveries.

The company has a portfolio of base metal (zinc, lead, copper) projects located in Western Australia and a gold project located in Mozambique.

The primary exploration focus is the substantial region-scale Volcanic Massive Sulphide (VMS) base metal project at Erayinia located in Western Australia and the Mimosa gold project in Mozambique. ABM Resources also holds interests in another three base metal projects, Gascoyne, Earaheedy and Harbutt Range in Western Australia. The Gascoyne project is now a JV with Altera Resources Ltd.

ABM Resources entered into a formal Cooperative Agreement with AYR Infrastructure in May 2007 with the objective of securing high quality gold and other mineral projects in Mozambique and Zambia with a view to outlining significant mineral deposits.

AYR Infrastructure Development (AID) is a global consulting and development organization developing sustainable infrastructure in the emerging markets around the world.

The information in this Report that relates to Exploration results is based on information compiled by Harjinder Kehal who is a member of the Australasian Institute of Mining and Metallurgy. Mr Kehal is a Consultant Geologist with over 20 years experience.

Mr Kehal has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity for which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves. Mr Kehal consents to the inclusion in the report of the matters based on his information in the form and context in which it is used.