more coal was hitted

Rey hits more coal.

There is a new presentation in Rey Resources Website given in Melbourne Mining Club in July.

More information compared with June Presentation.

1. Drilling in Duchess (D8, D9, D12, D16, D19) and Paradise (P2 and P6) was completed.

2. Coal was find in P2 and core was collected. (See the picture P2c1)

3. "High ash" was removed after 1 billion coal.

4. Quality analysis expected in September.

5. Projects to take shape in 2008.

By the way, if they hit coal in P6 in paradise zone, it will be more significant.

Waiting for the final announcement in Q2 report.

Presentation can be found in

http://www.reyresources.com/downloads/rey_mining_club_july_08.pdf