RGM.L Regulatory News (RGM)

14 Apr 2008 11:22

Regency Mines PLC14 April 2008 REGENCY MINES PLC Exploration Update Dated: 14 April 2008 Regency Mines plc ("Regency" the "Company") the mining exploration and mineralinvestment company with interests in copper and nickel in Western Australia,Queensland, and Papua New Guinea, announces progress at its Mambarenickel-cobalt project in Papua New Guinea. An initial fifty kilometre ground-penetrating radar programme began a week agoalong twelve east-west lines in the south-west of the license drilled last year.Wacker drilling in the south of the license across the Arumu River has alsobegun, with the purpose of investigating a possible extension to the mineralisedplateau in this area, which is close to existing infrastructure and roads. A 200kg limonite sample has been shipped to the General Research Institute forNonferrous Metals in Beijing for metallurgical test work. Diamond drilling is expected to begin shortly and a further announcement will bemade. Enquiries:Andrew Bell 0207 402 4580 Regency Mines plc Chairman or 07766 474849 John Simpson 020 7512 0191 Blomfield Corporate Finance Nominated Adviser Ltd Ron Marshman / John 020 7628 5518 City of London PR Limited Public RelationsGreenhalgh Updates on the Company's activities are regularly posted on its website,www.regency-mines.com. This information is provided by RNS The company news service from the London Stock Exchange