Wednesday, June 24, 2009

Robust extends gold zone on Romang Island

Robust Resources Limited told Australia Stock Exchange (ASX) today that it has received results for a further two diamond holes (LWD 23 and LWD 24) drilled in the highly prospective Lakuwahi caldera prospect on Romang Island, Indonesia.
Robust said Hole LWD 24 intersected a 20m gold zone from 20.75m down hole. The zone has a gold grade of 1.02g/t plus a coincident silver grade of 99.2g/t. Robust has now completed 969.5m of diamond drilling on the large caldera-hosted Lakuwahi Gold-Silver base metal prospect on Romang Island, and is on track to complete its 2,500 meter program by this month.
"The latest results confirm the large precious and base metal resource potential indicated from earlier drilling and from precious drilling by BHP Billiton between 1997-1999. Eighty percent of the holes drilled by Billiton and Robust contain significant gold, silver, zinc, lead, and copper mineralisation," Robust said.
Romang Island is located north east of Timor Island. Robust Resources, through its Indonesian joint venture partners PT Gemala Borneo Utama (PT GBU), holds mining authorities covering 250 square kilometres, including all of Romang Island. Romang Island is strongly mineralised and prospective for several styles of mineralisation in two main areas to the north and south.

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