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Regal releases Quarterly Activities Report for the period ending 30 June 2015

The Directors of Regal Resources Limited (ASX: RER) (�Regal� or �the Company�) are pleased to present their Quarterly Activities Report for the period ended 30 June 2015.

HIGHLIGHTS

Kalongwe Mining Joint Venture

• Following the release earlier in the Quarter of strong Scoping Study results highlighting the outstanding economic potential of the Kalongwe Project the decision was taken to proceed with a full feasibility study.
• ALS Metallurgical Laboratories in Perth (Australia) have been engaged to undertake a comprehensive metallurgical test work programme that will enable a detailed mineral processing flow sheet to be developed that will be used for HMS plant design improvements.
• Kalongwe Mining SA, has been formally advised by the Ministry of Mines that both the technical study report and the environmental study report submitted to the Ministry of Mines to support an application to convert the Kalongwe Project (PR 12198) to an exploitation permit for the establishment of a mine and associated infrastructure have been approved.
• A regional exploration programme was commenced to evaluate high value anomalous copper and cobalt-in-soil results coincident with Kundelungu Fomation (Grant Conglomerate).

Regal-Ivanhoe Joint Venture

• A detailed technical review of historic exploration results covering the five (5) exploration permits that make up the Regal-Ivanhoe Mines Joint Venture (��JV��) was commenced. And fieldwork was started to investigate areas identified to have potential to host significant mineralisation.
• The permits are largely contiguous, and generally surround the Kalongwe Mining Cu-Co Project and have significant discovery potential for high-grade sediment hosted Cu and Co mineralisation.
• Five (5) high priority prospects, some with multiple target areas, have been identified from the technical review of Ivanhoe data.
• Field investigation of the Kambundji Prospect identified copper mineralisation exposed in outcrop and artisanal workings over a distance of about 200 m. The structure hosting the mineralisation has an estimated strike extent of 8 km. Rock chip samples collected in the area returned values of up to 4.95% Cu.

Victorian Brown Coal Tenements

• Rehabilitation works were concluded at the EL 4507 and EL 4510 sites in accordance with licence conditions and to the satisfaction of the Victoria State Department of Economic Development, Jobs, Transport & Resources.

Corporate

• Entered into an AU$1.5 million convertible loan financing agreement with Tembo Capital to commence exploration work associated with the Regal-Ivanhoe JV, necessary metallurgical test work for the Kalongwe Definitive Feasibility Study (�DFS�) and working capital.
• Cash on hand at 30 June 2015 was AU$1,594,000.
• Messrs. Gillespie and Edgar resigned from the Board of Directors in June 2015.
• Mr. Mark Savich was appointed interim Chairman.
• The former business office in Melbourne (Australia) was vacated for a smaller and less expensive office as part of a corporate cost saving strategy.
• Regal presented and or exhibited at the following conferences: RIU Sydney Resources Round-up, Sydney, Australia (13-14 May 2015); Australian Copper Conference in Brisbane, Australia (16-17 June 2015), and Sprott-Stansberry Natural Resources Symposium in Vancouver, Canada (27-31 July 2015).

To access the ASX announcement, click here.

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