NML is due its interrim results now, last year it was the 28th of this month.

They are setting up a new site to explore/research/analyse and all the equipment to do this should be on site now, and drilling should start soon, all this extra news should be covered in the interims.

does anyone have any further positive views on this company ??

Nice 3.65M buy.

You reckon the placees are buying more Andy?

Andy..so whose 50K do you reckon it is, then?

Takahe,

Probably part of the placing trades IMO.

Andy,

Are you new to the stockmarket?

Placings are not done via the market, by definition they are issued directly to the placee.

mjr1234,

I know! :-)

"Are you new to the stockmarket? " LOL!

Maybe if you concentrated on researching and trading instead of trying to pick BB punch ups you'd be invited to participate in a few!

The prices you pay are SO advantageous!

I wonder how I know that?

LOL!

In fact, if you save up your lunch money, by the time you're old enough to trade, I'll try and get you into one!

Wouldn't mind a bit of that myself Andy!

Saw your replies to EB's questions whilst he had you filtered on the other side tonight.

LOL!

That had me in stitches...............if only he knew.

tstringy,

As he replied a couple of times, I rather think his filter has a few holes in it!

LOL!

Have a good weekend.

Picked a raw nerve have I Andy? LOL!

I bet you wish you'd got in at 1.07p

You will very soon anyway.

mjr1234,

"raw nerve"? LOL!

I certainly didn't want to buy at 1.07p, but I'm certainly glad I sold out at 5p last year!

And that money was put to very good use!

New Millennium Resources Ltd
07 November 2005



New Millennium to acquire stake in Kaissai Plc

The board of New Millennium Resources Ltd (NML), the AIM-listed diamond
exploration company with licences in Angola and Greenland, is pleased to
announce it is in advanced stages of negotiations to acquire a stake in Kassai
Plc (Kassai), a mining exploration company which owns lease interests in Angola.
The deal is subject to due diligence by NML.

The Kassai lease area is 3,762 km2 in the Huambo region of Angola and includes
licenses to explore for Kimberlite diamonds, alluvial diamonds and other
minerals.

The acquisition provides New Millennium Resources with an interest in a
Kimberlite license in addition to further alluvial sites.

CEO Shane Healy said 'The key attraction to this concession is that it provides
the Company with a project which comprises a kimberlite exploration license. We
are excited by indications that there are 5 known kimberlites on the licensed
area with a clear prospect of a much larger number yet to be discovered.
Additionally we have an important interest in alluvial diamonds and other
minerals rights. At 3,762 km2 this concession is over ten times the size of Rio
Lapi. '

Five kimberlites have been identified on the mineral resources map of Angola and
other mineral occurrences are also recorded, including gold, copper, tungsten
and uranium.

Kimberlite Prospects

It is proposed to commission an aeromagnetic and electromagnetic survey for the
whole license area and to integrate all the data into a geological-geophysical
structural analysis study. This will guide target selection. A detailed
geomorphological evaluation of the license will be carried out to aid alluvial
diamond site selection.

An intensive programme of prospecting the known kimberlites and those targets
created by the aeromagnetic survey will be pursued. This will be followed up
with ground geophysics. Samples will be recovered from relatively unweathered
material for specialist analysis in the laboratories of the Geological Survey of
Finland, which is an acknowledged world leader in identification and study of
diamonds and indicator minerals. Individual kimberlites will be trenched and
drilled and subject to trial processing.

The licensed area lies within the Congo Craton, an Archaean basement which has
been overlain by Proterozoic and Eocene sediments and intruded by a series of
Proterozoic granites and Cretaceous ultramafic pipes.

Two primary sets of faults occur within the region, striking northeast and
east-northeast, these are possibly Riedel shears relating to the northeast
trending Lucapa Graben, the primary structure controlling the emplacement of the
Cretaceous carbonatites and kimberlites in Angola.

Rio Lapi

Exploration at the C9 licence at Rio Lapi continues and the company's
application for a kimberlite exploration licence, is under consideration by
Endiama, as previously announced to the market. The Kassai project will provide
the company with the ability to aggregate resources across the concessions,
providing a more cost effective application of assets.

Contact:

New Millennium Resources Ltd

Shane M. Healy (Managing Director)
Tel: +44 (0)7768 631286


shealy@new-millennium.com.au

Daniel Stewart & Company Plc

Marc Young
Tel: +44 (0)207 776 6550

St Swithins PR

Gary Middleton
+44 (0)207 929 4391

Good recovery play stock, now their getting Kimberlite licence

Amities / ..So its rather like back to the begining .Keeping everything simple for the sakes of Takahe and mrj .( Dont give up your day jobs )...Original business model was supposedly exploration self financed by the proceeds from alluvial diamonds production . After delay after delay, and placing after placing, the idea was abandoned ,or rather sidelined , in favour of " a quick fix " in the form of all out exploration which caused all manner of legal/ political problems So ? .. Yet another placing and back to alluvial exploration but juste in a different location. Havent you all been here before; but when the s/p was four times more . This is a real dog. A Howler. And what with all the thousands of holders at 1p selling on a small movement those who paid in excess of the last placing will never see returns .@+ J...

TFC..I can guess who you are..your rudeness gives you away and the constant same old theme. Truly pathetic.
The alluvial project is not abandoned so why not take the trouble to get your facts straight? You might have more credibility. I doubt it, though.

I spoke to Gary and asked why , if NML can get a kimberlite licence for the 'new' kimberlite, why have they not yet got a licence for the 'old' kimberlite (C9) and he says the rules are now changed but C9 is under the old rules..so no news yet. SH still maintains that they are hopeful of getting a slice of the action on C9 kimberlite.

LOL

Kassai used to be called Kassai Diamonds. As far as can be seen, one of their Directors, Ian Egan, is a non exec director with Kenmare Resources.

So, meanwhile, what has happened to the equipment they brought in from S. Africa? Is it back on the original alluvial site? Is it actually functioning anywhere? Is anyone trying to do anything about self-generated cashflow?

Buying into a new kimberlite with the funds NML has available suggests heavily to me there will be further cash-calls to fund any meaningful development of this new site - especially given how large it is. So, who's going to put that up?

TCF's cynicism is not unexpected - although it is still true that all-knowing, non-holding use of English almost always offends. I am pretty cynical myself, but see no point in being clever about it, since my cleverness is self-evidently limited by being a holder in the first place. Circular argument maybe, but just a nother way of saying what do I know - nothing.

However, I have to say this new announcement does smack more of desperation than salvation from the mouth of a man whose words have a history of suggesting his glass is more than half full when it transparently (sic!) is not. Need a lot more information before being convinced this will lead anywhere.

sd

Amities / Cynacism ? No. Morelike utter disbelief that people are being taken in by this bunch of rebates at NML Do yourself a favour and scrutinize last years RNS and look at when they said they would be producing !!! Was it a year ago ??, Two placings later and massive dilution and they are not any nearer succeeding in their objective than 2 years ago ...And the duplicity as to when mining even started .!! Now l am aware of the dificulty of any junior mining expo being able to give precise indications as to when a " strike " will be made: but this lot are pushing it to the absolute limits . .Now look at all the excuses, delays , wrangling/ bribing , threats , and then demands that personel NML be removed from the board .,,,,,,,,,,, l know this madhouse called Angola through its potentially vast offshore oil industry. like BP s amazing block 31 discovery, and corruption is among the worst i have seen in Africa . BP, Total ,Chevron ,and Mobil all have private armies of ex South African soldiers as do RIO for security when workers come ashore . ............................ Rude ? No more than yourself Takehe. l let your personal insults pass over my head on two occassions .But it would seem that anyone who disagrees with you is a moron . Typical English hypocrisy. .Well do tell Takahe what are NML are actually doing on the c9 concession ? l will tell you . Nothing . and in my opinion thats all they ever will do . ! lsnt the game to you to make money ? . ..Finally, l can get very rude;...,,,but will let the 1p s/p do the talking for me .After all .lsnt that what its all about ! @+ ....Like you lm calling it as i see it .

Hi Anomalous,

Why have you changed aliases yet again? The strange use of punctuation marks in your last post does not disguise who you are.

I assume it's because the share price isn't moving in the direction you want (down)?

No point shorting NML cos moving north from now on