Regency Mines PLC is a United Kingdom-based company. It is focused on exploring areas of copper and nickel potential in Western Australia, Queensland, and Papua New Guinea. The Company�s principal metal of interest is nickel, which consists of the Botue-Mambare lateritic nickel and cobalt project in Papua New Guinea, and the sulphide nickel prospects in the Lake Johnstone greenstone belt in Western Australia, as well as through a holding interest in Alba Mineral Resources plc (Alba), which holds nickel assets in Europe. During the fiscal year ended June 30, 2010 (fiscal 2010), in Western Australia, an initial phase 1 exploratory air core drilling programme was carried out on the E74/318 license at the Lake Johnstone belt, situated in the south east of Western Australia, approximately 50 kilometers east of the nickel and gold bearing centre at Ravensthorpe. During fiscal 2010, it formed a joint venture with Direct Nickel Pty Ltd (DNi) on Botue-Mambare.