Fortbridge Media Release

RMG Limited [ASX:RMG] - Tuina Copper Project Operational Update in Chile

RMG Limited (ASX:RMG) is pleased to announce that since finalizing the recent fund raising the Company has quickly progressed to commencement of geophysical surveys, drilling and studies to rapidly evaluate the potential for near-term cash flow from retreatment of existing oxide leach dumps.

Highlights:

San Jose Copper Sulphide Exploration

* The I.P. geophysical survey along the San Jose copper zone is underway and results are expected in October.
* Diamond drilling contract has been executed and the drill rig has been mobilized to site to commence drilling on or about Tuesday (23 September)
* Preliminary metallurgical test work of the flotation of the copper sulphides has been completed

San Jose and Santa Rosa Copper Oxide Leach Dumps Evaluation

* Air-core drilling of the oxide leach dumps is being tendered
* Bulk samples from both Santa Rosa and San Jose oxide copper leach dumps have been collected and despatched to the test lab
* Column leach test work of bulk samples from the oxide leach dumps is in progress
* Detailed topographic survey of the oxide leach dumps has been completed

La Teca copper-gold exploration

* I.P. geophysical survey for the La Teca copper-gold zone is scheduled to commence in October

Corporate

* Agreement to acquire Chile Metals Ltd a 25 per cent interest in Tuina is progressing
* Agreement to amend the Option agreement with Porvenir S.P.A. is progressing
* Agreement to acquire an Option over Santa Lucia has been terminated

To view the full announcement please click on the link below:

For further information please contact:

Mr. Robert Kirtlan
+61 8 9387 6619