daytrading jan 14 morning, page-69

RXL

Nickel assays confirm generally higher grades and thicker intersections than previously reported portable XRF analyses
- Thickest intersection of 20 metres grading 1.1% Ni in hole MFEC004, included 6 metres grading 1.4% Ni and 5 metres grading 1.5% Ni
- Other highlights include:
o 2 metres grading 1.6% Ni in hole MFEC001
o 4 metres grading 2.0% Ni in hole MFEC002
o 2 metres grading 2.2% Ni in hole MFEC003
o 6 metres grading 1.4% Ni in hole MFEC004, and
o 1 metre grading 3.0% Ni in hole MFEC005

Camelwood prospect tested over 300m strike length and 200m depth, and still open in all directions
- Preliminary mineralogical examination indicates supergene nickel sulphide mineralisation