announcement read here!

7 April 2004
Company Announcements Office
Australian Stock Exchange Limited
Exchange Centre
20 Bridge Street
SYDNEY NSW 2000
Dear Sir/Madam
FURTHER REPORT ON THE STATUS
OF RENEWAL APPLICATIONS FOR ERONGO AND SKELETON COAST EXCLUSIVE
PROSPECTING LICENCES - NAMIBIA
Further to the announcement of Tuesday 5 April 2005 Reefton Mining advises that the
Permanent Secretary, the Director of Mines and the Mining Commissioner of the Ministry of
Mines and Energy, Namibia (MME) have provided the Company with clarification and written
assurances that Exclusive Prospecting Licenses (EPL’s) covering the Erongo Polymetallic
Project (EPL 2805 - 2811) and the Skeleton Coast Diamond Project (EPL 2698 - 2700) remain
valid pending the determination of Renewal Applications by the MME, which are under
consideration.
In terms of Section 71(3)(a) of the Minerals Act (Namibia), 1992 the EPL’s covering the
Erongo Polymetallic Project and the Skeleton Coast Diamond Project remain valid pending the
determination of Renewal Applications, and the MME has confirmed that this is the case.
The MME has acknowledged the delays to date and has assured the Company that they
appreciate the importance and need for a timely outcome to this matter.
The Company is pleased to advise that it remains fully committed to the exploration and
development of natural resources within Namibia for the benefit of all stakeholders, including
the people of Namibia, the employees and shareholders of the Company.
The Company will provide an update as to the progress of the renewal of the EPL’s in due
course.
Yours faithfully
BS MOORE
Chairman
1st Floor, 47 Ord Street
West Perth
Western Australia 6005
Email: [email protected]
Website: www.reeftonmining.com.au
Tel: (61 8) 9322 7822
Fax: (61 8) 9322 7823
A.C.N. 010 546 675