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Microsoft Word - RNI 29-06-16 Diamond Drilling Update
ASX Announcement 29 June 2016
DOOLGUNNA Diamond DRILLING UPDATE
RNI NL (ASX: RNI) advises that the Diamond drilling rig is scheduled to arrive on July 8 at the Cuba copper-gold prospect at RNI's Doolgunna Project in Western Australia's Bryah Basin.
As set out in the ASX announcement of 28 June 2016, RNI plans to drill a ~800 metre Diamond hole at Cuba beneath the anomalous zone defined from previous reverse circulation (RC) drilling.
The deep Diamond hole will enable RNI to conduct a down-hole electro-magnetic (DMEM) survey to vector in on the targeted volcanic hosted massive sulphide (VHMS) system.
For and on behalf of the RNI Board.
DAVID MORGAN
CHIEF EXECUTIVE OFFICER
RNI NL ABN 77 085 806 284
34 Bagot Road Subiaco Western Australia 6008 PO Box 298 West Perth WA 6872 T +61 8 9489 9200 F +61 8 9489 9201 E [email protected] W rninl.com.au
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Resource and Investment NL
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CODE : RNI.AX |
ISIN : AU000000RNI3 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Resource and Investment is a exploration company based in Australia. Resource and Investment is listed in Australia. Its market capitalisation is AU$ 22.2 millions as of today (€ 20.3 millions). Its stock quote reached its highest recent level on April 29, 2011 at AU$ 1.60, and its lowest recent point on February 17, 2017 at AU$ 0.00. Resource and Investment has 317 760 000 shares outstanding. |