Highlights: • Karinga Lakes brine potash resource estimate has increased to a total of 8.4 million tonnes K2SO4 including over 70% in the Measured and Indicated category • Karinga Lakes Project will move to 100% owned by Rum Jungle Resources Ltd as Reward Minerals Ltd has agreed in principle to sell their remaining 10% Joint Venture share to RUM in consideration for $140,000 plus four million ordinary RUM shares subject to execution of documentation • RUM Senior Management are presently in China for potash project meetings with CICCC, Sinochem Corporation, the National Investment Corporation, Luobopu Potash Corporation and a site visit to Quinghai Salt Lake brine potash operations.
RUM Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held