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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: John McCarthy	7/25/2006 4:12:31 PM
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Press Release Source: Cash Minerals Ltd. Cash Minerals to Place Second Drill on Lumina Uranium Property Tuesday July 25, 4:05 pm ET VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 25, 2006) - Cash Minerals Ltd. (TSX VENTURE:CHX - News) today announced that a second diamond drill will be placed on the Lumina property (Jack Flash) to step up the rate of drilling on this prospective property. Field mapping has identified a fault zone that runs six kilometers to the north and four kilometers to the south of where the current drill is located on the Jack Flash showing. "Our intention is to start drilling on the north side of the mountain where we have discovered additional radioactive outcrops. This outcrop is contiguous to the fault zone that had been located through field work activities," said Basil Botha, President and Chief Executive Officer of Cash Minerals Ltd. "We will continue to commit additional funds to our exploration activities based on interim results generated from field evaluation of drill core and topographical work currently being undertaken." The Lumina property has been increased to a total of 318 claims measuring 6,360 hectares as of June 15, 2006. Since this time, additional staking has taken place based on prospecting and field mapping of the area. About Cash Minerals Ltd. Cash Minerals (www.cashminerals.com) is an emerging publicly listed resource company. Under an agreement with joint venture partner Twenty-Seven Capital Corp., Cash Minerals has the option to earn a 75% interest in one or more of the eight uranium prospects in the Yukon. These prospects include four IOCG prospects and an attractive unconformity-related uranium target all located in the Wernecke Mountain region of north-east Yukon. The company is also engaged in exploring and developing coal properties in the Yukon, and is involved in the development of a coal-to-liquids (CTL) project, which uses the Fischer-Tropsch process to convert coal into clean-burning diesel fuel. Should you wish to receive Company news via email, please email shosein@cashminerals.com and specify "CHX News" in the subject line. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Contact: Basil Botha Cash Minerals Ltd. President & CEO (604) 633-9942 (604) 633-9972 (FAX) bbotha@cashminerals.com Salisha Hosein Cash Minerals Ltd. Investor Relations (905) 608-1557 (604) 633-9972 (FAX) shosein@cashminerals.com biz.yahoo.com Position: 10,000 shares regards, John McCarthy

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