ROYAL ACQUIRES THIRD URANIUM PROJECT AND FORMS STRATEGIC URANIUM JOINT VENTURE IN CENTRAL COLORADO, USA HIGHLIGHTS Agreement signed to acquire 121 uranium claims (10 square kilometres) in highly prospective Thirtynine Mile Volcanic Field, central Colorado, USA. Claims located downstream from 72 million lbs uranium resources. Strategic new uranium joint venture formed to assess, acquire, explore and develop uranium resources within trucking distance of existing uranium mill. Royal-Lynx2 joint venture earning 80% of all projects generated by the expenditure of US$800,000 over 18 months. Aggressive property identification and acquisition program underway. ASX ANNOUNCEMENT 30 August 2007 Royal Resources Limited ABN 34 108 102 432 For further information regarding Royal Resources Limited contact: Philip Crabb Chairman or Brian Richardson Director Phone: + 61 8 9321 2152 Fax: + 61 8 9321 9670 Website: www.royalresources.com.au Email: [email protected] Registered Office: Suite 2, Level 3, IBM Building 1060 Hay Street, West Perth Western Australia 6005 Po Box 7363, Cloisters Square Perth Western
MFE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held