-causing some interest as it lists on AIM

RTM
Reefton new listing on the Alternative Investment Market of the London Stock
Exchange ,could be causing some movement in the share price ,

Reefton have diamond and tantalite mining tenements on the coast of Namibia







Code Last ……. Bid . Ask.. .. …Volume
RTM…………..6.2… 8…….…557,233

Or some good good leverage to be had in Reefton options @RTMO ….1.3c

********************


Admission Document re Alternate Investment Market

REEFTON MINING NL 2002-05-16 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
Application has been made for the Ordinary Shares to be admitted to
trading on the Alternative Investment Market of the London Stock
Exchange plc.
It is expected that trading will commence on AIM in the
Ordinary Shares on 20 May 2002. AIM is a market designed primarily
for emerging or smaller companies to which a higher investment risk
tends to be attached than to larger or more established companies.
AIM securities are not admitted to the Official List of the United
Kingdom Listing Authority. A prospective investor should be aware of
the risks of investing in such companies and should make the decision
to invest only after careful consideration and, if appropriate,
consultation with an independent financial adviser.

REEFTON MINING NL
(Incorporated and registered in Australia with Australian Company No
010 546 675)

INTRODUCTION TO THE ALTERNATIVE INVESTMENT MARKET

Nominated Adviser Broker
Seymour Pierce Limited Seymour Pierce Ellis Limited

Share capital immediately following Admission
Issued and fully paid number of Ordinary Shares
143,716,647

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

Date of publication of Admission document 15 May 2002

Dealings commence on AIM in the Ordinary Shares 8.00am on 20 May 2002

MORE TO FOLLOW



Project Update

REEFTON MINING NL 2001-11-21 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
TANTALITE

In addition to the ongoing exploration of the Sandamap - Erongo
pegmatite belt, that has been shown to have extensive tantalite
mineralisation within a 60 kilometre strike length, Reefton Mining NL
has moved to strengthen its position as a potential future supplier
of tantalite by entering into a strategic alliance with Rusina Mining
Limited, who have today announced the acquisition of two Exclusive
Prospecting Licences located in central Namibia.

The licences, EPL 2938 and 2939, cover an area of 1,980 square
kilometres incorporating the majority of the highly prospective
Nainais-Kohero tin-tantalum pegmatite belt located 20 kilometres
north of Reefton's Erongo tenements.

In accordance with Reefton's objective of becoming a significant
producer and supplier of tantalite, the terms of the agreement grant
Reefton the right to soil and market all of the tantalite produced
from EPL 2938 and 2939 on behalf of Rusina Mining Limited. Further,
the agreement also provides Reefton a right to provide Up-stream
Processing services to Rusina, a service that would result in
substantial improvements in capacity utilisation of a processing
plant at the time both entities commenced commercial production of
tantalite concentrate.

DIAMONDS

SKELETON COAST DIAMOND PROJECT, (100%) - NAMIBIA
DRILLING PROGRAMME, EPL 2698, 2699, 2700

EPL 2698, HENTIES BAY

Drilling has delineated a 25 kilometre width of the ancient Omaruru
delta and an 8 kilometre width of the ancient Cape Cross delta.
Diamonds have previously been recovered from these coastal
sedimentary deposits of the Omaruru River system near Henties Bay.

The drilling has determined depths to bedrock varying from 5 to 27
metres and the presence of stratified fluvial gravels and marine
sediments.

The advancement of geological understanding of the ancient delta's
distribution of fluvial and marine sediments and gravels, and the
bedrock morphology will now lead to delineation of targets where the
diamonds may have been concentrated. There is no known previous
drilling in the area apart from shallow water bores.

MOWE BAY - EPL 2699 (100%)

The first phase of drilling has been completed over the beach
deposits where gravel terraces occur over a 35 kilometre length and
lying parallel to the coast where diamonds have previously been
recovered. Gravel thicknesses of 1 to 3 metres have been intersected
overlying the basement rocks composed of granite, volcanic and
metamorphic rocks. The platform base to the gravels is rocky and
highly variable forming an ideal base for abundant trap sites for
diamonds.

It is significant that all of the holes drilled so for have
intersected marine gravels and sediments. The extent of the gravel
terraces and their thickness signifies the presence of substantial
volumes of gravels. The elevation of the gravel terraces vary from 3
metres near the coast to 35 metres inland with the gravels forming a
continuous sheet over a width of up to 3 kilometres.

CAPE FRIA - EPL 2700 (100%)

Drilling to the north of Mowe Bay at the Rocky Point area has
delineated gravels of 0.5 to 1 metre thick lying directly on bedrock
and covered by areas of shallow wind blown sand. The area being
assessed is approximately 30 kilometres long and up to 5 kilometres
in width, which also has potential for substantial gravel volumes.

SKELETON COAST DIAMOND PROJECT, (100%) - NAMIBIA
DIAMOND BULK SAMPLING, EPL 2698, 2699, 2700

A Dense Media Separation (DMS) plant is being sourced in southern
Africa to bulk process gravel samples.

HEAVY MINERAL SANDS

SKELETON COAST HEAVY MINERAL SANDS PROJECT, (100%) - NAMIBIA
HENTIES BAY - EPL 2698

Heavy mineral sands samples taken at Henties Bay on the modern beach
returned 4.6% ilmenite and 0.3% rutile. Further testwork is in
progress.

G Hemming
DIRECTOR

This report accurately reflects information compiled by Mr G R
Hemming, NAusIMM, MAIG, a Director of Roscoria Pty Ltd who is a
competent person as defined by the Australasian Code for Reporting of
Identified Minerals Resources and Ore Reserves and accurately
reflects the information complied by the competent person