rng

A sub-lease arrangement was established with Australasian Resources Ltd (ARH) for their
exploration and drilling personnel to use the Indee camp for accommodation. As part of
the arrangement, RNG has also provided an area on the mining lease for ARH to establish
a drill core handling facility. This arrangement has contributed to a reduction in the fixed
costs of maintaining the Indee site in the wind down phase. The arrangement is expected
to continue until the end of October 2008.