The Board of RTG Mining Inc. announced that the special mining lease Osikaiyang Landowners Association have nominated RTG as their development partner for Panguna. A Joint Venture Agreement, consistent with the Bougainville Mining Act has been entered into. The Autonomous Bougainville Government has advised that they have rejected a proposal by SMLOLA and RTG. RTG will consult with SMLOLA as to the steps to be taken in respect of this development.