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REGENCY MINES PLC


Exploration Update



Dated: 18th June 2007

Regency Mines plc (the "Company") announces that a programme of drilling has begun on the company's Mambare license in Papua New Guinea.

The programme will start on 100m centres at the Southern end of the license along the Ukita and Namara ridges and covers areas previously explored by auger drilling and pitting. Drilling will be closed in to 20m centres in certain areas, and will intensify in stages, continue until a JORC resource is defined in the immediate target area, which lies along the edge of the Mambare plateau close to the existing Kokoda-Popondetta-Oro Bay road.

The objective is to identify a resource sufficient to justify a decision to commence direct shipment of limonite ore.

Enquiries:
Andrew Bell 07766 474849 Red Rock Resources plc Chairman



John Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated Adviser



Ron Marshman / 020 7628 5518 City of London PR Limited Public Relations


John Greenhalgh

Updates on the Company's activities are regularly posted on Red Rock's website, www.rrrplc.com.



http://www.iii.co.uk/investment/detail?code=cotn:RGM.L&it=le
 
aus der Diskussion: REGENCY MINES PLC - ja ist denn schon Weihnachten?
Autor (Datum des Eintrages): mike32  (18.06.07 12:43:13)
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