Robust confirms and extends high-grade gold on Romang Island
Robust Resources Limited said it has received final assay results on diamond drill hole LWD 051, which confirm and extend the previously announced high-grade gold intersection at its Batu Mas prospect within the Lakuwahi Caldera on Romang Island.
Final assay results for hole LWD 051 are as follows: 57.5 meters at 6.78 g/ton gold equivalent from 1.5 meters, including 27 meters at 9.36 g/t Au equivalent from 3 meters and 15 meters at 217 g/t Ag and 3.31 g/t Au from 26 meters, plus 24 meters at 2.4% Pb from 29 meters.
Robutst has now completed 44 holes from 4172m of diamond drilling on Lakuwahi Caldera Project and is on track to complete its target of 5000m by year end. An additional five holes have also been completed and assay results are awaited, Robust told ASX this morning.
Robust stock price surged 9.73% to A$1.24 on ASX this morning. The stock was only valued $0.1 in February 2009.