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Mining

Regency Mines confirms progress at Mambare Laterite Nickel-Cobalt Project

Diversified mineral exploration and investment junior Regency Mines confirmed that it now had three drill rigs currently operating on the Mambare Laterite Nickel-Cobalt Project in Papua New Guinea.

Regency Mines recently confirmed that a large drill program was underway on the project, and said it now expects a fourth rig to arrive in 3 days, with a further 3 rigs due to arrive in early October.

To date 900 metres of drilling has been completed, and the samples are currently being prepared for delivery to a lab in Jakarta for testing.

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