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Additional Information

Market:	ASX / AIM
Sector:	General Mining
EPIC:	RML

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Rusina Mining

Rusina Mining (ASX: RML) is an active mining exploration company that is focused on the emerging Philippine mining sector. The Company has defined a JORC compliant resource estimate for nickel laterites at its Acoje tenement on the island of Luzon.

The Acoje property also hosts chromite, nickel sulphides and platinum group metals.

Rusina Mining has enough cash until late 2010

Monday, April 27, 2009

Rusina Mining NL (ASX: RMA; AIM: RMLA) confirmed it has sufficient cash resources to meet all current commitments through until late 2010, with a cash balance at the end of the third quarter of A$4.4 million as compared to A$4.9 million at the end of the prior quarter.

“The company, like many in the industry, is currently in discussions with other industry participants with a view to completing a corporate transaction involving strategic consolidation,” Rusina said.

It made good progress in the quarter to end-March on the trial heap facility at Acoje in the Philippines. By the end of May 2009 Acoje will have 3000 tonnes under leach, demonstrating the heap leach technology and gathering the necessary data for the definitive feasibility study. All site civil works are complete. The ore for the trials is currently being trucked to the site ready for crushing and agglomeration during May, it added.

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