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RMG LIMITED [ASX:RMG] - QUARTERLY ACTIVITIES AND CASHFLOW REPORT - 31 DECEMBER 2013





Fortbridge Media Release

RMG Limited [ASX:RMG] - Quarterly Activities and Cashflow Report - 31 December 2013

Highlights:

RMG is continuing to enhance its advanced Chilean copper project. During the quarter RMG undertook the following significant events:
� Validation sampling and assaying of recent diamond drill core confirmed accuracy and precision of original vendor copper and silver results
� Validation sampling and assaying intersected 49m @ 1.0% Cu, 17g/t Ag from 228m in diamond drill hole DDH-MSJ-01
� HQ diamond drill core arrived in Perth for metallurgical test work
� A binding agreement with Chile Metals Ltda for 75% interest in 98 sq. kms of mining concessions at Tuina executed
� Removal of the encumbrances on the 19 sq. kms of Porvenir mining concessions at Tuina is nearly complete

In the previous quarter RMG Ltd (�RMG� or the �Company�) announced that it had signed a binding Option Agreement with Chilean company Porvenir S.C.M. in the Tuina District of northern Chile for the option to acquire a 100% interest in 19 sq. kms of concessions (see ASX release of 23 August 2013).

The agreement is subject to the lifting of existing encumbrances which is nearly complete. Once the encumbrances have been removed, then the first option payment of US$190,000 is payable, and the first anniversary period commences.

During this quarter RMG finalized and executed an earn-in agreement with a second Chilean company, Chile Metals Limitada (ASX release 30 December 2013), in the same area.

To view the full announcement please click on the link below:

For more information please contact:

Robert Kirtlan
Executive Chairman
or

Peter Rolley
Executive Director and Chief Geologist
+61 (8) 9387 6619




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