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Market: AIM / ASX
Sector: General Mining - Nickel and Cobalt
EPIC: RMLA
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Rusina Mining
www.rusina.com.au

Rusina Mining is an active mining exploration company that is focused on the emerging Philippine mining sector. Rusina was acquired by European Nickel in 2010.

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Rusina Mining says heap leach trial complete at Acoje nickel project, Philippines

31st Jul 2009, 1:43 pm Rusina Mining says heap leach trial complete at Acoje nickel project, Philippines

Rusina Mining NL (ASX: RMA; AIM: RMLA) said the heap leach trial (HLT) at the Acoje nickel project in the Philippines is now mechanically complete, and 3,000 tonnes of laterite ore is in the process of being crushed for the pad.

Construction continues on a steel roof structure to house the downstream Resin in Pulp / Ion Exchange facility which is scheduled to be operational late this year, the group said in an activities update for the three months to end-June 2009.

China Tianchen Engineering Corporation (TCC) has recently completed the re-costing of the prefeasibility study using Chinese construction and material costs. Overall they believe they could reduce the capital costs by 15 percent. TCC will now be appointed to complete the DFS engineering study commencing in October, Rusina said.

Environmental permitting for the full scale heap leach is well underway with the environmental impact assessment already submitted and all requisite permits to construct expected to be completed by November 2009, well ahead of the anticipated disruption of the 2010 presidential elections.

The Company's cash balance at the end of the quarter was A$3.01 million as compared to A$4.4 milion at the end of the prior quarter.

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