Reefton Mining is moving up strong today with a pending...

Reefton Mining is moving up strong today with a pending announcement regarding diamond bulk sampling results from the Skeleton Coast looks like the feeling is that the results will be good.

Following announcement is from last week

REEFTON MINING NL 2003-01-08 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
The directors advise that the Company's initial diamond bulk sampling
programme covering the first 22 kilometres of the 220 kilometres of
exploration licences on the Skeleton Trust of Namibia was
successfully completed prior to Christmmas.

The Company's technical team are actively finalising technical
reports and analysing diamond recovery for release to the market in
due course.

Planning for a follow up programme at Mowe Boy is advancing. it will
test the extent of the diamond bearing beaches and begin to asses
older beaches inland.