Aeris Resources Limited announced a maiden JORC 2012 Mineral Resource estimate for the Golden Plateau deposit, located within the Company's 100% owned Cracow tenement package in Central Queensland. In addition to the Mineral Resource Estimate of 620kt at 3.1g/t gold (62koz contained gold), an Exploration Target has been defined for the Golden Plateau Deposit, peripheral to the Mineral Resource: The potential quantity and grade of the Exploration Target is conceptual in nature and is therefore an approximation. There has been insufficient exploration drilling to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

The Exploration Target has been prepared and reported in accordance with the 2012 edition of the JORC Code. The Golden Plateau deposit is located 1km north from the Cracow Processing Facility and is situated along a regional northwest trending epithermal quartz vein structure that has been traced along a total strike length of 7km to 10km. Anomalous gold mineralisation has been traced along most of the prospective northwest trending corridor.

The Golden Plateau deposit is located at a major inflection (dilational jog) along the regional structure, where it changes orientation to an east-west trend. The Golden Plateau mine and surrounding deposits historically produced approximately 850,000 ounces of gold within a prospective corridor extending 1km along strike. Production at Golden Plateau was derived from several distinct high grade gold shoots ranging in size from <40koz Au through to approximately 200koz Au.

The Golden Plateau deposit was first mined from the 1930s through to the 1970s via underground methods. Eight underground levels were developed down to 270m below surface. From historical information, most of the mining occurred down to the number 4 level.

Below this, gold production was focused on the margins of each mined level. Open pit mining followed the underground operation, focusing on mineralised material left behind by the underground workings. The open pit was mined down to 110m below surface coinciding with the number 4 underground level.

Open pit mining ceased in the early 1990s. A decline was developed from the open pit with some underground production occurring through until the mid- 1990s.