strategic buying from a big hitter, page-9

"drilling operations are due to commence in early August."

from quartely;

Wowo Gap Project
Following the encouraging results of the Feasibility Study and Project Valuation, RMC is
planning an ambitious drilling program targeting limonitic nickel mineralisation.
Drilling to date indicates the better grade (>0.8% Ni) and thicker profiles of limonite occur
within a geological unit known as the Sivia Breccia which trends along the Bereruma Fault
(Figure 1). This 2010 drill program will target the Sivia Breccia along a 9km strike length on
a nominal drill hole spacing of 200m.
RMC has purchased two light weight, man portable drilling rigs and will owner operate the
rigs to substantially reduce the operating costs of drilling. Drilling will obtain a BQ size core
(~33mm diameter) and will not require water to aid drilling which will reduce the logistical
problem of water supply to each drill hole and substantially speed up the drilling process.
All lines have been cleared, all holes are pegged, and 3 fly camps have completed. Drill rigs
are currently in transit to PNG, and drilling operations are due to commence in early August.