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Regency Mines associate company takes option on Western Australia tenements

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Ram Resources, an associate company of Regency Mines (LON:RGM), has acquired options on three tenements in the southern area of the Fraser Range nickel-copper belt.

The tenements cover 400 square kilometres (km), and lie 2km west of the Crux anomaly currently being drilled by Sirius Resources Ltd, and are considered highly prospective by Ram management.

The acquisition will increase Ram’s portfolio on the Fraser Range in Western Australia to 850 square kilometres.

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Price: 0.0375 GBX

LSE:RGM
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