From the RDS June 30th Quarterly.
BLACKSTONE RANGE FARMIN/JOINT VENTURE, Halleys Project (E69/2108
and E69/2109) (Farmin with Resource Mining Corporation Ltd (ASX: RMI)
Redstone 90%: RMC 10%)
A Reverse Circulation (RC) drilling programme of the Halleys Cu-PGE-Ni prospect
was completed during the quarter. The programme consisted of 3 holes to a depth of
300m focusing on testing the thick intercepts of disseminated Cu-PGE-Ni sulphide
mineralisation identified by the Company during two previous shallow drilling
programmes.
The objective of the drilling was to also test a large EM anomaly which was identified
from a ground electromagnetic (EM) survey conducted by the Company.
The drilling campaign was designed to assess the potential for economic
mineralisation at depth testing the down-dip down-plunge position at the Halleys
prospect.
Drilling was completed in April and assaying of all the drill holes has not yet been
completed.
RMI has elected to retain a free carried joint venture interest of 10% until Redstone
completes a feasibility study.
http://hotcopper.com.au/announcementFiles/2010%5CRDS%5C2b7e6d73-07f4-46e3-948c-0968eb4d5104-RDS500185.pdf
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