Company Information for Regency Mines Plc

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AIM; RGM View full financial data

Company Statement

Regency Mines PLC (AIM: RGM; Frankfurt: RM4) is quoted on the Alternative Investment Market of the London Stock Exchange Ltd in London and on the Frankfurt Exchange. The company is focused on exploring areas of copper and nickel potential in Western Australia, Queensland, and Papua New Guinea. It seeks to add shareholder value by systematic exploration and, where appropriate, development of these assets, and by joint venture, acquisition, and disposal. In 2006 the company acquired 75% of the Mambare Plateau lateritic nickel project in Papua New Guinea and has carried out initial exploration programme and subsequently in 2008 has carried out a ground penetrating radar survey and a 4,000 m drill programme.

Current Operations

Mambare (PNG: Nickel)  

• A large license centred on 20 km by 7 km Mambare Plateau
• 700m elevation and road access to coast
• Anaconda identified potential 650mt Ni mineralisation at 0.8% and 200mt at 1% with 0.1% Co in limonitic zone
• Exploration has led company to assess equal potential in saprolitic zone at 1.25% to 1.5% Ni

Bundarra (Australia: Copper, Gold)

• An entire mineral field of 200 sq km now united
• 6 km x 14 km granodiorite pluton
• Small scale Cu production 1900-18 and 1960s-70s
• Multiple exploration targets
• High grade Cu-Au vein type
• Bulk low grade or small breccia-hosted Au-Cu type
• Bulk low grade sheeted vein/stockwork Cu-Au type
• Large IOCG systems

Mt Stone (Australia: Gold)

• 200 sq km
• Area with known prospectivity for high grade gold
• Nearby Pajingo and Wirralie gold mines 500,000 oz plus
• Epithermal gold target
• Significant gold anomalies not followed up

Mt Gordon and Mt Tay (Australia: Nickel, Gold)

• 129 sq km at Mt Gordon and Tay
• Extensive gold anomalies near Mt Gordon tenement
• Gold anomalies and bedrock conductors within Tay tenement
• Drilling of conductors for Ni encountered 1m Au at 2.97 g/t
• Untested bedrock conductors and gold targets

Geographical Spread

UK

Australia

Papua New Guinea

Board of Directors and Key Management

Andrew Bell	MA, LLB, Chairman
Kenneth Watson	Managing Director
Julian Lee	MA, ACCA, Non-executive Director
John Watkins	FCA, Non-executive Director
Pedro Kastellorizos	Director

Company Address 115 Eastbourne Mews London, United Kingdom W2 6LQ Telephone: +44 20 7402 4580 Facsimile: +44 20 7402 8738 Email: office[at]regency-mines.com Website: http://www.regency-mines.com

Capital Shares Issued; 245,740,663 of 0.1p in issue Market cap; £1.92 M

Year End 30th June

Nominated Brokers Simple Investments 1 High Street Godalming Surrey GU7 1AZ UK

Nominated Advisors Blomfield Corporate Finance Limited 12 Pepper Street London E14 9RP UK

Major Shareholders

BellMin Ltd	19.8%
STARVEST PLC	12.05%
JIM NOMINEES LIMITED	5.56%
VIDACOS NOMINEE LIMITED	4.06%
SUNVEST CORPORATION LIMITED	4%
Public	54.53%

Related News

03/06/09 - Regency Mines Rides Out The Storms In The Metals Markets With An Ever Growing Portfolio Of Gold And Base Metals Projects
05/02/09 - Commodity Watch Radio: Andrew Bell of Regency Mining and Red Rock Resources
19/09/08 - Andrew Bell’s Empire Remains Intact, As Red Rock Consolidates In The Yilgarn, And Regency Drills Up Nickel In PNG
17/04/08 - Regency Mines Takes The Kokoda Trail To A Man-Sized Nickel Project

Most Recent Statement

29/05/09 - Directorate Change
15/05/09 - Option to Acquire/Exploration update
31/03/09 - Half Yearly Report
05/03/09 - Issue of Equity
02/02/09 - Grant of Options
24/10/08 - Exploration Update