ASX and Media Release: 28 August 2015

ASX code: RXM

Hillside Project Update

The Board of Rex Minerals (Rex) advises that the South Australian Government's Department of State Development (DSD) has approved a 12 month extension for the submission of the Program for Environment Protection and Rehabilitation (PEPR) and the Social Management Plan (SMP) for Rex's Hillside Project on the Yorke Peninsula.
After undertaking an extensive review of the Hillside Project due to the downturn in global commodity prices of copper, gold and iron ore, Rex announced the results of its Extended Feasibility Study (EFS) to the ASX on 25 May 2015. Following this announcement, the Company wrote to the DSD to request an extension of time for submission of the PEPR and the SMP. Rex will utilise this extension period to engage further with the DSD, regional community and other stakeholders, on details of the Hillside Project, during the development of the PEPR and the components of the SMP.
As a result of the approval of the extension, Rex is now required, in accordance with Regulation 65(10) of the Mining Regulations 2011 (Mining Regulations), to submit a PEPR for approval to the DSD that fully complies with the Mining Act 1971 (Mining Act) and Mining Regulations by 16 September 2016.
For more information about Rex and its projects, please visit our website 'www.rexminerals.com.au' or contact:
Richard Laufmann (Managing Director) Phone: +61 (0)8 8299 7100
E-mail: [email protected]
For media and investor relations enquiry, please contact Gavan Collery on phone +61 419 372210 or email at '[email protected]'