This has the potential to go alot higher than the 3p I`ve just bought 300,000 I will give more info when out of meeting at 2. It is in partnership with some very big players and was hugely over subscribed.

I`ve put my money where my mouth is.......and my head on the block.

Gud luck today.

All resolutions passed at the AGM. They included approval for issuing up to 250m shares during the 3mth period following the AGM at a minimum price per share of 80% of the price on ASX. So at this stage it looks as if the dilution from the $20m share issue will be substantially less than forecast by Lonsec.

Also:

Increased Holding in the Company

The Company has been advised on 30 November 2006 that North Sound Capital LLC
has acquired a beneficial interest in a further 6,897,450 ordinary shares taking
their holding to 58,586,227 ordinary shares (8.98%) of the Company.

Zinc, nickel price forecasts boosted

ANGELA BARNES , Globe and Mail Update

Two brokerage firms have hiked their zinc and nickel price forecasts substantially, in the face of robust metal demand, supply constraints and continued strength in metal prices. The changes promoted a round of profit-estimate and price-target revisions for a number of mining stocks.

RBC Dominion Securities Inc. boosted its zinc price forecast for 2007 to $2 (U.S.) a pound from $1.50 and to $1.85 from $1.40 for 2008. It adjusted forecasts for zinc in 2009 and 2010 to $1.75 from $1.30 and to $1.90 from $1.30, respectively.

RBC Dominion also increased its nickel price forecasts, going to $12.50 a pound from $10 for 2007 and to $12.50 from $6 for 2008.

While the RBC team led by Fraser Phillips said their analysis suggests that spot commodity prices, with the exception of uranium, have peaked, metal prices seem set to continue at historically high levels because of strong demand and supply constraints. Despite our forecast of a modest slowdown in global economic growth in 2007 and some signs of softness in certain end-use markets, metal demand continues at very high levels, the team said in a market comment this morning.

At the same time, supply remains constrained by years of under-investment and production disruptions are exacerbating the problem, they said. Furthermore, they added inventories for all the metals are currently well below critical levels and are forecast to remain there throughout our forecast period.

The upbeat report suggests that there will be opportunities for investors to outperform the overall market by investing in mining shares next year, though the analysts warn that investors will need to be more selective in 2007 than they were this year.

Analysts John Redstone and John Hughes of Desjardins Securities Inc. also picked up on the strong metal price theme and boosted their forecasts for zinc and nickel. They expect inventories of both metals to be completely depleted by the end of 2007. They said in a report that the metal market is relying on China becoming a net exporter of zinc and zinc alloy in order to reduce the gap between supply and demand next year. However, China has remained a net importer through the first 10 months of this year, they noted. They boosted their 2007 price projection for zinc to $1.80 a pound from $1.40.

AIM Resources Limited
('AIM Resources' or 'The Company')

Issue of Securities

The Company announces that it has placed, through Seymour Pierce Limited,
Westwind Partners, Inc., Paradigm Capital Pty Ltd and Cartesian Capital Pty
Limited a total of 81,893,238 fully paid ordinary shares ('Placement Shares')at
an issue price of A$0.29 (11.6p) per share to raise up to approximately
AUD$23.75 million (circa 9.5 million) before expenses.

The net proceeds of the placing will be applied to continue the Company's mine
development plan for its high-grade Perkoa zinc mine development in Burkina
Faso. Development on site at Perkoa is continuing, including the commencement of
excavation work on the box cut for the decline development.

This placement has been made pursuant to the shareholders' approval granted at
the Annual General Meeting held on 30 November 2006.

The funding mix for the Perkoa Zinc Project is continually under review and may
change from that announced on 18 October 2006 based upon market conditions.
Discussions are continuing with the banks and the off-takers. When this is
finalised an announcement will be made to the market.

Application has been made for the Placement Shares to be admitted to trading on
AIM and dealings are expected to commence on 29 December 2006.

happy, happy :-) up 41% this morning !!! Up 45% in OZ on over 92 million shares traded.
There is drilling news and just look at the depth of the mineralisation on the 8th hole!
http://sa.iguana2.com/cache/a81e3033c0e1e04632dc419828d94cd0/ASX-AIM-362582.pdf

AIM up on copper hit From Mining News.

Kate Haycock
Tuesday, 22 May 2007

A SUBSTANTIAL hit of 655m at 0.46% copper from its first drilling at the Mumbwa joint venture in Zambia has given AIM Resources a solid boost on the Australian Securities Exchange today.


On the back of the news, the junior's shares rose 33% or 7c to 28c in morning trading.

The "encouraging" results came from the eighth hole in the company's initial drilling program at the project, AIM said, and indicated the presence of significant mineralisation on the tenement.

The assays from the other seven holes, which the company did not release today, were "in line with historical results from previous drilling in the area".

The overall intercept, from 42m, also hosted higher grade sections including 317m at 0.79% copper and 42m at 2.01% copper.

The company also said it was currently in discussions with a drilling company to target further anomalies indicated by the initial drilling program.

Sydney-based AIM is earning a 70% share in the project from BHP Billiton, which had conducted initial exploratory drilling at the prospect before entering into the joint venture in 2004.

AIM managing director Marc Flory was unavailable for comment on the results.

A good write up and buy note in the Shares Mag yesterday and a brilliant tick up since last week. Shares say buy on good news potential.
Di

Up 20% in Oz on 100m shares traded...well thats me more than doubled my money on AIMR but more to come so I'm hanging around for some more.
DYOR etc
Di :-)

A very interesting read in Mining Journal http://www.mining-journal.com/wms_magazine/pdf/WMS0709scr.pdf go to page 20 and 21..talks of turning AIMR into AS$1 billion company
Di

AIM Resources Limited
20 September 2007


AIM RESOURCES LIMITED

20 September 2007

DRILLING JUMBO FOR PERKOA
MINE ARRIVES IN BURKINA FASO

AIM Resources Limited ('AIM Resources') wish to advise that a drilling jumbo
('jumbo') has arrived in Burkina Faso from Ghana, and is awaiting customs
clearance. The jumbo will be used for development of the Perkoa zinc mine,
situated 120km west of the country's capital Ouagadougou in West Africa.
Drilling jumbos are standard mining equipment used in the development of
underground mine roadways and extraction of ore.

The jumbo is a Sandvik Axera 7 model, which is comprised of an electro-diesel
operated engine with two articulated hydraulic booms, which each host a drill
head and carousel loaded with drilling rods. The carousel allows drilling rods
to be changed by the operator from within the cabin, while the articulated boom
allows drilling at any orientation. The hydraulic controlled drilling system,
with added automatic functions allows productive high quality excavation, while
on board instrumentation enables accurate positioning of drill angle, drill
depth and drill position.

Typically, these machines are used during the development of underground
roadways, and can drill in a fan pattern at various diameters ranging from 43mm
to 64mm.

Initially the Jumbos will be used in the development of the portal (the main
entry into the mine) and the decline from the recently constructed box cut.
Following development of the decline, the jumbos will be utilised through out
the mining operation for the cut and fill phase of mining.

Should you require further information please contact:

Marc Flory
Managing Director
+ 61 2 9357 9000

Fiona Owen
Grant Thornton Corporate Finance
Ph: +44 20 7383 5100

Qualified Person

The information in this report which relates to exploration at the Perkoa Zinc
Mine has been reviewed and approved for release by Mr Adama Barry, MSc
(Geology), who has 20 years experience in mineral exploration, and is a
full-time employee of Nantou Mining Limited BV. Mr Barry has consented to
inclusion of this information in the form and context in which it appears.


www.aimresources.com.au

AIM Resources Limited
08 October 2007

AIM RESOURCES LIMITED

8 October 2007

CHIEF OPERATING OFFICER APPOINTED
FOR PERKOA ZINC PROJECT, BURKINA FASO

AIM Resources Limited are pleased to announce the appointment of Mr Scott Lowe
as Chief Operating Officer for the Perkoa Zinc Project in Burkina Faso, West
Africa.

Scott is a senior business executive with more than 25 years experience and a
proven track record in a variety of senior management roles across a number of
countries. He possesses tertiary qualifications in Mining Engineering and
postgraduate qualifications in Business Management. He also holds a Mine
Manager's Certificate of Competency and a Diploma in Marine Terminal Operations
completed at King's Point Merchant Marine Academy in New York, USA.

Previously, Scott was employed by BHP Billiton for over 20 years, in a number of
roles including Vice President Operations Ingwe in South Africa, Vice President
HSEC for BHPB's global Energy Coal businesses, General Manager Business
Development & Operating Excellence, Mine Manager and Marketing & Logistics
co-ordinator.

In addition to his mining career, Scott worked for P&O, one of the world's
largest infrastructure and stevedoring companies, at vice president level with
global responsibilities covering a range of complex business and cultural
environments.

Operating from AIM Resources' head office in Sydney, Scott will oversee
management of the Project from mining and processing, to transport of zinc
concentrates. This appointment is effective from 1 November 2007.

AIM Resources' Managing Director, Mr Marc Flory said, 'the appointment of Mr
Lowe to the team provides additional strength to the Company as we continue
development of the Perkoa Zinc Project. Scott's' experience in the fields of
mining and logistics will be an asset to the Company as we progress in our
development of the first zinc mine in West Africa'.

Should you require further information please contact:

Marc Flory
Managing Director
+ 61 2 9357 9000

Fiona Owen
Grant Thornton Corporate Finance
Ph: +44 20 7383 5100

Qualified Person

The information in this report which relates to exploration at the Perkoa Zinc
Mine has been reviewed and approved for release by Mr Adama Barry, MSc
(Geology), who has 20 years experience in mineral exploration, and is a
full-time employee of Nantou Mining Limited BV. Mr Barry has consented to
inclusion of this information in the form and context in which it appears.


www.aimresources.com.au

AIM Resources Limited
30 October 2007

AIM RESOURCES LIMITED

30 October 2007



Quarterly Activities Review

for the period ending 30 September 2007



HIGHLIGHTS

Fund raising through share placement, approved by shareholders at EGM,
raised gross proceeds of A$90.02 million.

Corporate head office relocated to new premises in Sydney, Australia.

Appointment of Chief Financial Officer/Company Secretary.

Grant Thornton Corporate Finance appointed as Nominated Advisor.



PERKOA, (AIM Resources Limited 90%)

Sales Agreement for offtake of zinc concentrates was signed with
Votorantim Metais Zinco SA.

Renewal of exploration permits covering 310 sq. km, adjacent and
surrounding the current Perkoa exploitation permit.

Follow-up exploration program drilled 9 holes for 2,402 metres.

Geotech drilling of 5 holes in vicinity of box cut and decline.

Delivery of long lead items to the Perkoa mine, including a Sandvik
Axera 7 drilling 'jumbo' for underground development of the main
access decline.



MUMBWA, (AIM Resources / BHP Billiton Joint Venture)

Geochemical soil sample results returned elevated gold values
coincident with the anomaly for drill hole SG36-001.

Results from recent drilling campaign were integrated with existing
data to implement follow up drilling program, proposing 15 cored holes
for 10,000 metres.



MOKOPANE, (AIM Resources Limited 74%)

Investigating options for drilling northern anomalies to better define
resource status.



CORPORATE

In June 2007, the Company initiated a fund raising program in London and North
America, through the allocation of shares and options. At the EGM held in August
2007, shareholders approved the allocation of shares and options for raising
capital to fund the continued development of the Perkoa Zinc Mine in Burkina
Faso, as well as other exploration activities in Africa.



The Company raised A$90.02M through the allocation of 290,385,000 ordinary
shares at $0.31 each, and 145,192,500 options with an exercise price of $0.45
expiring 28 September 2010.



In line with the Company's growth plan, the corporate head office was relocated
to new premises within Sydney's greater central business district. This
expansion reflects growth in the Company as it matures to become a zinc
concentrates producer.




AIM Resources Limited is now located at:

Level 2, Suite 201
80 William Street
Sydney, NSW, 2011
Australia
Ph: +61 2 9357 9000
Fx: +61 2 9332 1336



In addition, the senior management team was further strengthened by the
appointment of Mr Chris Brown as Chief Financial Officer and Company Secretary.
Chris has over 20 years experience in senior finance roles of public companies
in Australia and New Zealand, including CFO/Company Secretary for Sydney Gas Ltd
and General Manager Accounting for AGL. Chris is a chartered accountant and a
member of the New Zealand Institute of Chartered Accounts.



Throughout the quarter, the Company appointed Grant Thornton Corporate Finance
as Nominated Advisor for its listing on the AIM Market in London. With offices
in Sydney and London, Grant Thornton International is one of the world's leading
organisations of accounting and consulting firms, operating in 113 countries
with 521 offices worldwide.



Cash & Investments

As at 30 September 2007, AIM Resources had A$85.6 million in cash and short term
deposits.



Issued Capital

As at 30 September 2007 the Company had:

1,058,849,953 ordinary shares on issue;
131,959,105 listed options at an exercise price of 10 cents, expiring 30
June 2009;
145,192,500 unlisted options an exercise price of 45 cents, expiring 28
September 2010;
10,000,000 performance rights expiring 30 November 2008.



PERKOA ZINC PROJECT, BURKINA FASO (AIM Resources Limited 90%)

Development at the Perkoa Zinc Project continued throughout the quarter with
civil construction works dominating this period of activity. Construction of the
accommodation village and site offices were in advanced stages and are expected
to be completed soon. Infrastructure to construct the processing plant is
progressing with the preparation of foundations nearing completion.



Mining operations were disrupted during the quarter, caused by the onset of the
annual wet season. The majority of annual rain, for this part of Burkina Faso,
typically falls during the months of July and August. This season, the onset of
the rain was delayed, resulting in prolonged rain throughout September which
caused some damage to roadways that required some remediation work in the early
part of October 2007. The recently constructed box cut accumulated some water
during these rains, which was promptly pumped out through the introduction of
additional pumps.



The Seboun Dam, recently constructed by the Burkina Faso Government, will be
used by the Company as a supplementary source of water for the processing plant.
The influx of rain into the catchment area has ensured that this dam is now at
full capacity and overflowing. The reservoir basin of the Seboun Dam has a
storage capacity of 10,000,000 m3, which is considered small in comparison to
the volume of water collected in its catchment area. The Company proposes to
withdraw 1,000m3/day from the Seboun Dam, which represents less than 4% of total
capacity over an annual period. Based on previous years, the Dam is expected to
recharge during the seasonal rains.



The appointed EPC manager for the project, DRA, continued with the preparation
of the processing plant area and associated infrastructure. A series of 5
drillholes were drilled near the box cut for Geotech purposes. The additional
data recorded will be integrated into the current drill hole database and used
during further development of the decline from the box cut.


Byrnecut Mining, the appointed underground mining contractor, has progressed
with activities onsite, including the mobilisation of a Sandvik Axera 7 'Jumbo'
drilling rig via Ghana to Burkina Faso, following mechanical service and safety
check. The Jumbo represents one of the long lead items, which was secured by
the Company approximately 18 months ago. By securing this piece of machinery
early in the development of the project, the Company avoided the increase in
prices for mining equipment, which has been the trend recently in the current,
buoyant mining industry. The Jumbo will be used early in the development phase
for advancing the decline, and later for assisting in the extraction of ore from
narrow zones.



Other site infrastructure currently under construction includes civil works by
Banlaw, fuel farm facility by Shell Oil, the installation of diesel powered
generators by AG Delmas (subsidiary of Caterpillar), site offices and
accommodation by National and Overseas, and health care clinic by International
SOS for medical services.



Perkoa Zinc - Concentrate Off-take Arrangements

During the quarter, the Company secured a sales agreement with Votorantim Metais
Zinco SA for the offtake of approximately one third of Perkoa zinc concentrates.
Votorantim Metais Zinco SA ('Votorantim'), a division of The Votorantim Group,
is Latin America's leading producer of refined Special High Grade Zinc metal.
Votorantim intends to process the zinc concentrates from Perkoa through the Juiz
de Fora zinc smelter in Brazil and the Cajamarquilla zinc smelter in Peru.



Letters of Intent, signed by Xstrata and Boliden, are currently in negotiation
with the Company for the remaining two thirds of zinc concentrates. While the
Company was hoping to have all these agreements in place, there was some delay
related to unsettling on the American markets during August and September, and
further delays attributable to the European summer vacation period. Ongoing
discussion should have these agreements finalised in the near term.



The proposed offtake route involves trucking the zinc concentrates by road to
the railhead at Koudougou (35 km from the mine site), where it will be loaded
onto train for transport to the port in Abidjan, Cote d'Ivoire. The distance
from Koudougou to Abidjan is approximately 1,050 km by rail.



Perkoa - Exploration

During the quarter, the Company was granted the renewal of 2 exploration
permits, numbered 2007/07-098 and 2007/07-099, covering an area of 133.44 km2
and 177.12 km2 respectively. The exploration permits encompass the area
immediately adjacent to and surrounding the exploitation permit for the Perkoa
Zinc Mine, which the Company intends to explore for additional resources.



In Burkina Faso, an exploration permit is granted for an initial period of 3
years, which has a maximum of 2 renewal periods of 3 years each, totalling 9
years. The surface area of the permit must be less than 250 km2, which must be
reduced by 25% on second renewal. The permit holder must submit a proposed
exploration programme and budget, and work must commence within 6 months after
the grant.



The Company identified 9 airborne Electro-Magnetic ('EM') anomalies which it
ground tested using Induced Polarisation ('IP') techniques. The IP survey
confirmed 6 of the 9 EM anomalies show consistent resistivity and chargeability
readings comparable with that over the Perkoa deposit. It was proposed to drill
3,600 m from 6 EM anomalies using reverse circulation and core drilling
techniques.



A total of 9 holes were drilled for a total of 2,402 m from 4 EM anomalies.
Observation of drill chips and drill core identified pyrite and pyrrhotite in
some holes, however no massive intersections of sphalerite were identified.
Samples were taken for geochemical analysis based on lithological and
mineralogical intervals. These samples were initially sent to SGS Laboratories
in Ouagadougou for analysis, however some delay in the processing of these
samples has lead the Company to consider other options for analysis.


The Company is trialling a batch of soil samples to ALS Laboratories, and
pending suitable sample processing rates and accredited analysis, the Company
will consider despatching remaining samples for testing. The Company is awaiting
results from the laboratories which will determine the sequence and priority of
any follow up drilling.



Two anomalies were not drilled during this program as seasonal rain had impeded
access to the drill sites. It is proposed to drill these anomalies at a later
date.



Perkoa - Sociological

During the quarter, the Company presented awards at the annual ceremony for the
Perkoa Learning Centre. Local authorities, Vic Bradley - Chairman and Marc Flory
- Managing Director, representing AIM Resources Ltd, and other guests attended
the Ceremony, which applauded 70 students, both adults and children, who
attended the Centre for the past 9 months. The Perkoa Learning Centre is
focussed on teaching its students how to read and write in their local language
as well as French. The results for the community were very encouraging, and the
Company intends to pursue the progress this project into the new year.



The Perkoa Learning Centre was established in 2006 and currently supports 2
teachers and an education facility. This education initiative was setup by the
Company following a demographics study aimed at identifying sociological issues
within the community. The Company is committed to funding the program, which is
targeting higher enrolment and graduation numbers.



Mumbwa Copper-Gold Project (AIM Resources / BHP Billiton Joint Venture)

During last financial year, the Company contracted MSA Geoservices to conduct a
cored drilling program and limited soil geochemistry survey over the 11
anomalies identified by BHPB's 3D interpretation of FalconTM gravity gradient,
magnetic and radiometric data using SolidEarthTM propriety software. In
February 2007, 8 holes were drilled for a total of 4,105.17 meters, as shown in
Table 1, being comprised of 7 vertical holes and one hole (SG36-001) inclined at
70 degrees towards the East.


TABLE 1 - Summary of drillholes and Samples collected

Drill hole End of Hole Sample Number of Samples Collected
ID Depth (m) Interval
S1-001 499.15 8.12 to 499.15 m 246
S1-002 500.60 6.45 to 500.60 m 248
S3-001 520.80 8.00 to 520.80 m 270
S26-001 390.75 230.96 to 390.75 m 75
S30-001 500.27 349.00 to 395.00 m 36
S4-001 500.50 23.00 to 479.50 m 265
S36-001 697.40 42.00 to 697.40 m 349

21.00 to 61.00 m
88.00 to 144.00 m
195.00 to 251.00 m
281.00 to 294.00 m
S2-001 495.70 313.00 to 361.00 m 188
443.60 to 444.50 m
463.30 to 465.50
478.2 to 479.2 m
8 holes 4,105.17 1,677



The drill core was sampled for geochemical analysis testing for 17 elements
including copper, gold and uranium, with assay results for the best intersected
interval for each drill hole displayed in Table 2. The 7 vertical holes did not
intersect significant mineralisation and assay results for the core was in line
with historical grades from previous sampling in the area. The eighth hole,
S36-001, intersected a considerable thickness of mineralisation, over most of
its length, with discrete intervals of higher grade mineralisation. This hole
was drilled to a total depth of 697.4 metres, targeting an anomalous gravity and
radiometric feature with a strike length of 2.4 kilometres.






TABLE 2 -Geochemical Core Sample Assay Results.
Drill hole Intersection Average Cu Intersection Average Au Intersection Average U
interval interval interval
ID From/To (m) (ppm) From/To (m) (ppb) From/To (m) (ppm)
S1-001 114.4 to 125.4 885 357.2 to 367.2 30.17 357.2 to 367.2 41.78
S1-002 314.6 to 324.6 1985 314.6 to 324.6 15 494.8 to 500.6 23.05
S3-001 461.4 to 471.4 2379 461.4 to 471.4 61 299.4 to 309.4 88.05
S26-001 248.96 to 258.96 285 374.96 to 384.96 21 374.96 to 384.96 20.04
S30-001 377.0 to 387.0 255 377.0 to 387.0 2 377.0 to 387.0 16.01
S4-001 338.0 to 348.0 3902 451 to 461 31 149.0 to 159.0 31.5
S36-001 180.0 to 190.0 33819 156.0 to 166.0 222 359.3 to 370.1 372
S2-001 89.0 to 99.0 1012 197.0 to 207.0 26 197.0 to 207.0 15.58



As previously reported, the intercepts of drill hole SG36-001 yielded 655.4m @
0.46 copper including:

317m @ 0.79% copper,

18m @ 0.20g/t gold,

42m @ 2.01% copper, including

4m @ 5.56% copper.



Drill hole SG36-001 intersected variably altered syenite, quartz porphyry and
hematitic breccias. Green copper-phosphate was observed from 172m to 305m depth
and some thin veins and blebs of pyrite/chalcopyrite occur from 280m depth.
Massive hematite replacement with abundant pyrite and trace amounts of
chalcopyrite were intersected from 640m to the end of hole.



In addition to the drilling, a limited geochemical soil sampling survey was
undertaken over 7 of the recently drilled anomalies and the historical Lulu
prospect. The survey was aimed at identifying if a geochemical signature exists
over these selected sites. Each drill site was sampled by 2 perpendicular lines,
each 1 km in length, with the drill hole collar situated at the central point.
Samples were collected at 50 m intervals along each line, and included a series
of duplicate samples for quality control purposes. A total of 356 samples were
collected as shown in Table 3.

Both the geochemical core and soil samples were prepared and analysed by
Genalysis Laboratory Services Pty Ltd, which is accredited by the National
Association of Testing Authorities Australia (NATA). Samples were prepared by
Genalysis, Johannesburg and analysed by Genalysis, Perth.




TABLE 3 - Summary of Geochemical Soil Samples collected from the Mumbwa Project.

Drill hole Number of Samples Sample Spacing
Target And Sample Type
S1-001 42 soil samples; 50 meters

2 duplicate soil samples.
S1-002 42 soil samples; 50 meters

2 duplicate soil samples.
S3-001 42 soil samples; 50 meters

2 duplicate soil samples.
S26-001 42 soil samples; 50 meters

2 duplicate soil samples.
S30-001 42 soil samples; 50 meters

2 duplicate soil samples.
S4-001 42 soil samples; 50 meters

2 duplicate soil samples.
S36-001 42 soil samples; 50 meters

2 duplicate soil samples.
Lulu prospect 42 soil samples; 50 meters
2 duplicate soil samples.
4 trench samples.

356 samples



Upon submission of samples to the laboratory, it was found that the material
collected from soil sampling was not sufficient for analysis, and the samples
needed to be composited to make up the required volume. After compositing of
the samples, a total of 164 samples were assayed for an 11 element suite
including copper and gold.



The soil geochemical assays revealed an elevated gold expression over the site
of drill hole SG36-001, and mid tenor copper values over drill sites for S3-001
and S4-001. Over the S36 anomaly, gold values ranging from 12 ppb to 63 ppb were
received, whilst other sites typically returned gold values less than 13 ppb,
and mostly under 10 ppb. Anomalies S3 and S4 returned copper values of a higher
order tenor than other sites. It appears there is a relationship influenced by
topography, as higher concentrations are found closer to bedrock. It is also
considered that the thicker, transported overburden material in low lying areas
has a greater effect on sample dilution.



Exploration Outlook

The Company has planned a second phase of the drilling campaign, with MSA
Geoservices being consulted to supervise drilling of additional cored holes.
The drilling proposal is expecting to core drill over 10,000m from 15 holes and
includes the collection of approximately 4000 samples. In particular it is
planned to further evaluate anomaly SG36 by a systematic step out approach, with
targets located about 400m vertical depth from surface. In addition, a mobile
metal ion soil sampling program will be conducted over existing anomalies to
retest some of the anomalous values returned in the previous soil sample
program. It is anticipated that the investigation will allow the mobility of
metal ions to be determined, and further the understanding of mineralised IOCG
systems.



MOKOPANE NICKEL-PLATINUM PROJECT (AIM Resources Limited 74%)

The Mokopane Nickel-Platinum Project is situated near the township of Mokopane
on the northern limb of the Bushveld Igneous Complex in South Africa. The
Mokopane Project area comprises 960 hectares and contains a JORC compliant
inferred resource. The Company is considering various alternatives to create
value from the project at a time of historically high platinum and nickel
prices.



Exploration Outlook

At Mokopane, the five known mineralised areas can be described as the Southwest,
West, Northwest, Northeast, and Far North areas, of which only the Southwest
Area has been extensively drilled to define a JORC compliant Inferred Resource
estimated at 39.7 million tonnes at 0.146% nickel, 0.085% copper, 0.22 g/t
platinum and 0.33g/t palladium.



The Company is considering a percussion drilling program to further define the
resource status from all 5 mineralised areas with the view of establishing a
JORC compliant reserve. The proposed drill program would aim to increase the
density of drilling data over the 4 mineralised areas in the north, which
previously have only been lightly drilled. In addition, extensions of the
Southwest Area would be examined at depth and along strike.



MSA Geosciences have been engaged to prepare an exploration program aimed at
delineating the current resource with the view of establishing a JORC compliant
reserve.



Should you require further information please contact:



Marc Flory

Managing Director

Ph: + 61 2 9357 9000



Fiona Owen

Grant Thornton Corporate Finance

Ph: +44 20 7383 5100



Qualified Person

The information in this report which relates to exploration at the Perkoa Zinc
Mine has been reviewed and approved for release by Mr Adama Barry, MSc
(Geology), who has 20 years experience in mineral exploration, and is a
full-time employee of Nantou Mining Limited BV. Mr Barry has consented to
inclusion of this information in the form and context in which it appears.

The information in this report which relates to Exploration Results at the
Mumbwa Copper-Gold Project has been reviewed and approved for release by Mr
Michael J Robertson, MSc, Pr.Sci.Nat., MSAIMM who has 20 years experience in
mineral exploration, and who is a full-time employee of MSA Geoservices and has
sufficient experience in relation to the style of mineralisation and type of
deposit under consideration to qualify as a Competent Person as defined by the '
Australasian Code for Reporting of Exploration Results, Mineral Resources and
Ore Reserves' (The JORC Code 2004 Edition) and as a Qualified Person under the
AIM Rules. Mr Robertson has consented to inclusion of this information in the
form and context in which it appears..




www.aimresources.com.au

Material errors in the Independent Persons Report as filed with the Canadian regulatory authorities and withdrawal of its convertible debenture fundraising that was initially announced on 13 November 2007...

shows poor indecisive management resulting in disastrous drop in its sp. A$80 million in available cash is questionable.



AIM Resources Limited
31 December 2007

AIM RESOURCES LIMITED

31 December 2007

UPDATE ON TSX LISTING PROGRESS AND WITHDRAWAL OF CONVERTIBLE DEBENTURE OFFERING


AIM Resources Limited (the 'Company') (ASX:AIM) (AIM London:AIMR) wishes to
provide the following update on its proposed listing on the Toronto Stock Exchange ('TSX') and to advise the withdrawal of its convertible debenture fundraising that was initially announced on 13 November 2007 ('Offering').

In connection with its proposed TSX listing, the Company, on 6 December 2007,
filed with Canadian regulatory authorities a Canadian preliminary non-offering
prospectus ('Preliminary Non-Offering Prospectus') and associated documents,
including an Independent Qualified Persons Report on the Company's Perkoa Zinc
Project in Burkina Faso prepared in accordance with the Canadian Code for the
reporting of Resources and Reserves - National Instrument 43-101 ('Independent
Persons Report'). The Company is currently working through comments on the
Preliminary Non-Offering Prospectus received from the Ontario Securities Commission on 21 December 2007.

Regrettably, the Company has recently discovered material errors in the
Independent Persons Report as filed with the Canadian regulatory authorities.
The Company's management and Board are investigating the errors and conducting a detailed analysis of the Independent Persons Report's financial assumptions and projections, with a view to clarifying the report's financial integrity.

The Company has over A$80 million in available cash and is continuing the
development of the Perkoa Zinc Project. The Company is currently putting
together a strategy to extend the existing resource at Perkoa.

The events as detailed above have resulted in the Company deciding to withdraw
the Offering. Future financing initiatives will be reconsidered when the detailed analysis of the Independent Persons Report has been completed, which is expected to be within the next four weeks.

The TSX listing application is being progressed with the Company's advisors and
the Canadian regulatory authorities and a further update on the application will
be given once the listing timetable becomes more certain and the Canadian
Preliminary Non-Offering Prospectus can be finalised.

This share has tanked and now will almost certainly be de-listed from the AIM[post AGM vote].
In the latest RNS it says that if I do nothing that my shares[i hold 15000 of them current total value ~40,for a loss of 110] will be transferred to the aussie market.
Given the low value of my holding is it worth letting it ride on the aussie market in the vain hope they ever recover and can I trade them if I do.
Yet another of my wonderful share choices.

For those who think I have the Jonah touch I also hold GIP/AMER/RIFT/SER/IVE/and HAWK. all currently languishing at a loss:(

Alex

You can certainly pick them!

I'd be inclined to hang on to them in case anything useful comes out of Mumbwa or the S African interests. I sold mine about 18mths ago for an average of around 12p when I came to the conclusion that the price of zinc was starting a long term downward trend - surprised and disappointed to see that Perkoa had to be mothballed, though.

my thoughts too. Believe when metal prices recover this will return to profitability/commercial viability.

just worried about trying to sell them when thay are only listed on ASX. will talk with my broker,HB. it must be possible just incurring a greater charge.

Bon chance
Alex