Conico Limited and its wholly owned subsidiary Longland Resources Ltd. announced preliminary results from drill-hole MIDD001, the first ever drill-hole to at the Ryberg Project designed to test a magmatic sulphide target. The drill-hole encountered a sequence of highly altered gneiss intruded by mafic rock that contains zones of intense sulphide mineralisation (figures 1,2 & 3), commencing at 117m drilled depth. In aggregate the sulphide-rich portions of the drill core cover a width of approximately 4.5m and consist of non-pyritic sulphide that is likely to be pyrrhotite and pentlandite, plus minor chalcopyrite ­ therefore prospective for nickel and copper. The results are preliminary in nature as no drill core has yet been sent for analysis, with results in this announcement coming from observation of the core by a suitably qualified and experienced geologist. HIGHLIGHTS: Hole MIDD001 is the first ever drill-hole at the Ryberg Project and has been successfully completed, intersecting significant sulphide mineralisation from 78.24m to 133.12m (for a total of 54.88m) downhole. Sulphides are present in semi-massive, matrix, vein and disseminated forms. The most abundant zone of mineralisation is between 117-124m downhole that contains approximately 4.5m of sulphide-bearing rock. Preliminary investigations indicate that mineralisation may consist mostly of pyrrhotite and pentlandite, plus minor chalcopyrite which is a typical magmatic sulphide assemblage. MIDD001 was collared on electromagnetic (EM) target ME1, within the Miki magmatic sulphide prospect Drill core will be processed and assayed as soon as possible. The second drill-hole MIDD002 is near completion, and rigs have been established on holes MIDD003 and MIDD004, all of which are targeting magmatic sulphides at the Miki Prospect.