Profile

PanAust Limited is a growing mining company registered on the Australian Securities Exchange and a constituent of the S&P/ASX 200 Index. The Company has its headquarters in Brisbane and holds mineral assets in the Lao PDR and Thailand. The Company’s major asset is the 2,600 square kilometre Phu Bia Contract Area located in the Lao PDR. PanAust's interests in Laos are held via the Lao-registered company,
Phu Bia Mining Limited (PBM). The Government of Laos has exercised a right to acquire a 10% interest in PBM. PanAust owns the remaining 90%. The Lao Government acquisition cost will be funded through its 10% share of future dividends paid by PBM.

Within the Phu Bia Contract Area, lies the Phu Kham Operations which comprises the large Phu Kham Copper-Gold Operation and a Heap Leach gold operation. Production of copper-gold concentrate at
Phu Kham commenced in April 2008, transforming the Company into a significant copper concentrate producer. In addition to these two mineral assets, PanAust has identified several promising exploration targets within its Lao Contract Area and has undertaken a pre-feasibility study at the Ban Houayxai Gold-Silver deposit. In northern Thailand, PanAust is undertaking a feasibility study at the Puthep Copper Project. The Company can earn a 51% interest in the Project by completing the study and has further options to acquire a total 60% or 70% interest. As at 13 June 2008, PanAust had a 33.17% interest in the Puthep Copper Project.