Shield Mining Limited

The Australian market fell for an eighth straight session on Thursday and closed at its lowest level in 11 months. The market opened lower after Wall Street fell on disappointing employment data in the US. Sentiment was dented further as a fall in China's purchasing managers' index for June raised concerns of a slowdown in Chinese economy. At the close, the benchmark S&P/ASX200 index slashed 64 points, or 1.49 per cent, at 4237.5 points. The broader All Ordinaries index was down 62.1 points, or 1.44 per cent, at 4262.7.

Additional exploration ground near existing gold and copper mines has been granted to African focused Australian explorer, Shield Mining Limited (ASX: SHX), as the Company continues to builds its exposure to the mineral potential of Mauritania.

Shield Mining Limited (ASX: SHX) - Robust Gold Anomaly at Hendrix - Mr David Netherway, CEO and MD; Boardroomradio is pleased to announce that Shield Mining Limited (ASX: SHX) has published an audio file.

Shield Mining Limited has used its debut on the ASX today to announce an immediate start to its West African gold and base metals exploration program.

The Initial Public Offer (IPO) for West African gold and base metals explorer, Shield Mining Limited, has closed oversubscribed and it will now list on the Australian Stock Exchange next Wednesday, September 27, 2006.