Renison Consolidated Mines NL is a rapidly growing diversified Australian mining company with assets in gold and coal. With gold resources of over 400,000 ounces, the company is undertaking a feasibility study of an operating mine to be located at Agate Creek in Queensland. The coal assets are predominately hard coking coal in New South Wales.

 The most advanced project is Ashford (RSN 50%, NEC 50%) where there is a resource of 18Mt of coal and premium value hard coking coal has been confirmed.  Additional coal has been recently intersected at Atholwood, north of Ashford. At Arrawatta (RSN 100%), 50kms south of Ashford, a new discovery of potential coking coal has also been made.

 Our objective is to become a diversified producer providing exceptional investment returns to shareholders.

 We aim to achieve this by:-

 ·  Maximising the value of our existing assets through early development and later expansion.

·  Having the best people available to achieve stretching but attainable targets by giving them the resources to get the job done

·  Acquiring advanced pre-production assets with sound fundamentals and which match our skill base, from which we can create value by advancement through to development and production.

· Maintaining a focus on shareholder value and leverage