ASN Asian Mineral Resources Ltd

Asian Mineral Resources Limited ("AMR") (TSX VENTURE:ASN) is pleased to announce
the appointment of Simon Booth as General Manager of Operations for its Ban Phuc
Nickel Project. Mr. Booth will oversee all aspects of the operations of the
project, including the completion of construction, commissioning of the
processing plant, and establishment and management of mining operations. 


Mr. Booth has extensive international experience in construction and operating
mining operations in the Philippines, Australia, New Zealand, Guinea and
Greenland. He brings over 30 years of experience with major mining groups,
including Newmont, Normandy Mining, Xstrata, Rio Tinto and Crew Gold, having
been involved in strategic planning, exploration, construction, and underground
and surface mine operations. Mr. Booth is a Member of the Australasian Institute
of Mining and Metallurgy, Australian Institute of Company Directors, Society for
Mining, Metallurgy and Exploration and a former Vice President of the Northern
Territory Minerals Council.


Mr. Jan Castro, Chairman of AMR, stated, "We are delighted that Simon is joining
the Ban Phuc Nickel Project's management team. His operational and management
experience will be extremely valuable to AMR as we continue to move to complete
construction and bring the project into commercial production."


AMR is also pleased to provide the following updates on the development of the
Ban Phuc Nickel Project: 


Smelter feasibility study

AMR recently commissioned Runge to carry out a conceptual study for a smelting
operation. The results from the study indicated that the construction of a
smelter would produce attractive economics for the Ban Phuc Nickel Project. The
incorporation of a smelting operation is consistent with the Government of the
Socialist Republic of Vietnam's desire for more in-country processing and its
national mineral resources strategy to 2020, with a vision to 2030, adopted in
December 2011, where one of the key objectives is the construction of a smelter
in the Son La Province. AMR has, therefore, decided to proceed with
commissioning a detailed engineering and feasibility study for a smelting
operation and will provide a further update once such study has been completed. 


Land use rights

AMR is also pleased to announce that its subsidiary, Ban Phuc Nickel Mines LLC
("Ban Phuc"), has been granted the land use rights from the People's Committee
of Son La Province for areas which will house the pump stations and pipe lines
to the project site and camp areas. Ban Phuc has also been granted permission by
the Muong Khoa Commune to store top soils associated with the construction of
the tailing storage facility, which is expected to begin later this year. The
receipt of the land use rights is crucial for the advancement of the
construction and also demonstrates the local government and community's
continued ongoing support for the project. 


Power design, supply and installation

Ban Phuc has engaged Aurecon (Vietnam) Co. Ltd. to assist with the power and
electrical design work for the project site and processing plant. In addition,
Son La Power Company has completed preliminary design work for the high-voltage
power line and primary substation from the national power grid to the project
site. Discussions with Son La Power Company for the installation works are in
advance stages, with the works expected to commence in August 2012. With the
installation of the high-voltage power line, the Ban Phuc Nickel Project will
benefit from access to low cost hydro-electrical power from the Vietnamese power
grid. AMR intends to continue maximizing the use of local content, particularly
where it would result in further investment within the local community. 


Community suspension bridge 

AMR recently completed construction of a new community suspension bridge as part
of its ongoing corporate social responsibility initiatives within the local
community. The official opening of the bridge was held on July 25, 2012 and
attended by senior government and local officials, including Mr. Bui Duc Hai,
Vice-Chairman of the People's Committee of Son La Province, Mr. Sung A Giao, the
Chairman of the People's Committee of Bac Yen District, and Mr. Lu Van Truyen,
Deputy Chairman of the People's Committee of Muong Khoa Commune. 


The bridge has significantly improved the transportation and safety needs of the
residents around the area, and it represents AMR's continued long-term
commitment to improve the well-being of the local community. Photographs of the
bridge and opening ceremony celebrations can be found on AMR's website at
www.asianminres.com.


Company Profile: 

Asian Mineral Resources Limited is developing the Ban Phuc Nickel Project,
located 160 km north-west of Hanoi in the Son La Province, which is 90% owned by
its subsidiary Ban Phuc Nickel Mines LLC. The development of the project is in
advanced stages, with underground and surface infrastructure near completion and
commercial production expected to occur by June 2013. For further details on AMR
and the Ban Phuc Nickel Project, please refer to the company website at
www.asianminres.com.


Forward-Looking Statements 

This press release includes certain "Forward-Looking Statements." All
statements, other than statements of historical fact, included herein, including
without limitation, statements regarding completion of the project and the
achievement of expected benefits, potential mineralization and reserves,
exploration results and future plans and objectives of AMR are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from
AMR's expectations are disclosed under the heading "Risk Factors" in AMR's
Annual Information Form and elsewhere in AMR's documents filed from time-to-time
with the TSX Venture Exchange and other regulatory authorities. Forward-looking
statements are qualified entirely by this cautionary statement and are given
only as at the date of this press release. AMR disclaims any obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law.

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