Regency Mines PLC said that it expects first results from drilling at the Botue Mambare nickel exploration project in Papua New Guinea by early August 2009 with the rest to follow shortly thereafter.

Regent expects to be in a position shortly to issue a preliminary drilling report covering the holes where results have already been received. It hopes to produce a full report in the next few weeks following receipt and analysis of all remaining drill results.

Regency Mines PLC is focused on exploring areas of copper and nickel potential in Western Australia, Queensland and Papua New Guinea. It seeks to add shareholder value by systematic exploration and, where appropriate, development of these assets, and by joint venture, acquisition, and disposal.

In 2006, the company acquired 75% of the Mambare Plateau lateritic nickel project in Papua New Guinea and has carried out initial exploration program and subsequently in 2008 has carried out a ground penetrating radar survey and a 4,000 meters drill program.

(Sourced from www.proactiveinvestors.co.uk)