Quarterly Report - 30 September 2009

Thursday, 15 October 2009 09:05

RNG_Qtly_30_September_09.pdf

Highlights

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Mt Morgans

• A significant upgrade in the total JORC Mineral Resources to 517,000 ounces of gold
• Excellent in-fill and extensional drilling results at the Craic deposit
• The production plan increased to 40,000 ounces of gold per annum for 5 years
• Key milestones in the Mt Morgans development plan achieved

Corporate

• A recapitalisation of the Company completed to raise $9.36 million before expenses

Outlook

• Mining production is scheduled to commence in December 2009