here it is

Better than just a ? mark
3 April 2007
The Companies Announcements Office
Australian Stock Exchange Limited (ASX)
4 Floor. 20 Bridge Street
SYDNEY NSW 2000
RMC Project Updates – Highlights
Resource Mining Corporation Limited (ASX: RMI) is pleased to provide the following updates to
activities on its main project activities.
The Company is currently progressing four opportunities, including exploration on its major
project in PNG where it will expend around $1 million on exploration related activities during
2007.
Other highlights in activity include the positive progression of discussions with interested parties
at the Company’s iron ore project in Argyle, including potential investment from Chinese
interests.
Wowo Gap Project
• Diamond Drilling contract agreed and signed with drilling schedule to begin late April.
• Ground Penetrating Radar work 15% complete with first data interpretation included for
early April
• Survey crew onsite surveying GPR and drill lines, data essential for future resource
estimation
• Line cutting for GPR and drill access scheduled for completion week in early April
Argyle Iron Ore Project
• Level of potential Chinese investment interest has increased and, discussions are ongoing.
• Geophysical data captured in 2005 is being re-processed as part of RMC’s regional
exploration activities on tenement EL 80/2389.
• Preliminary interpretation indicates the granitiod associated with the elevated stream
sediment geochemistry has an iron-oxide alteration which supports the geological
interpretation of a Proterozoic iron oxide Cu-Au system. Examples of other Proterozoic
iron oxide Cu-Au systems throughout Australia include Olympic Dam and Ernest Henry
mines.
Planning for regional exploration fieldwork scheduled for late April has been completed.
This field work will follow up highly anomalous Au, Cu, Ag and U results received from
last years initial stream sediment sampling work.
Blackstone Range Project
(Joint Venture with Redstone Resources Limited (ASX: RDS) 75% and RMC 25%)
• Redstone plan to commence Rotary Air Blast (RAB) and Reverse Circulate (RC) drilling
on the Farm-In ground on two prospective areas: Halley and Titan.
• 15 RC holes are planned to test the main Halleys Ni-Cu-PGE anomaly and EM targets,
as well as a series of RAB holes on both Halleys and Titan prospects
Queensland: Three Rivers/Greenvale:
(Straits Resources Limited (ASX: SRL) Joint Venture)
• The three deep hole diamond drilling program planned by Straits Resources for this
prospect will be carried out after Easter to test Ni Sulphide mineralisation beneath the
Greenvale Mine.
Yours faithfully
J. E. Leach
Executive Chairman