🕐06.04.11 - 05:27 Uhr

Rey Resources lodges Application for Mining Lease



Click to view this email in a browser http://hosted.verticalresponse.com/848847/53ed96fde3/1582007229/210c982157/ Hi Valued Stakeholder, ASX Release 6 April 2011 Duchess Paradise Measured Resource increases to 60 million tonnes of thermal coal Measured Resources in the upper (P1) seam upgraded to 60.2 million tonnes of thermal coal.Total P1 seam resource increased to 305.8 million tonnes.Reserve statement expected in second quarter 2011.Definitive Feasibility Study (DFS) set for completion in June 2011.2011 drilling program to commence in second quarter 2011. Rey Resources Limited (ASX: REY; “Rey Resources”) is pleased to announce it has completed its re-estimation of the Duchess Paradise thermal resource for the upper (P1) seam, based on the JORC guidelines, following information received from the 2010 drilling season. “The establishment of a substantial Measured Resource is a major step towards the calculation of a reserve and ultimately, subject to regulatory and other approvals, a mining operation at Duchess Paradise,” said Rey Resources’ Managing Director, Kevin Wilson. Click here for full text of the ASX Release Contact: Kevin Wilson Managing Director +61 8 9211 1999 About Rey Resources Limited Rey Resources is an Australian, ASX-listed resource exploration and development company (ASX: REY) with interests in the Canning Basin, Western Australia. The company’s primary focus is Duchess Paradise, a potential thermal coal export project situated on the pastoral land, about 175 km southeast of Derby. Based on a JORC resource of 511 million tonnes, and subject to successful completion of the Definitive Feasibility Study and all approval requirements, Rey Resources plans to start production at a projected rate of two million tonnes per annum by late 2013.

The company proposes to export coal via the Derby export facility. www.reyresources.com - http://cts.vresp.com/c/?FIRSt/53ed96fde3/210c982157/79f75ba4f0 ______________________________________________________________________ If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: http://cts.vresp.com/u?53ed96fde3/210c982157/mlpftw ______________________________________________________________________ Click below to forward this email to a friend: http://oi.vresp.com/f2af/v4/send_to_friend.html?ch=53ed96fde3&lid=1582007229&ldh=210c982157 ______________________________________________________________________ This message was sent by FIRSt using VerticalResponse FIRSt PO Box 247 Hampton, 3188 Australia Read the VerticalResponse marketing policy: http://www.verticalresponse.com/content/pm_policy.html



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