Robust Resources Announces Quarterly Report
(firmenpresse) - Robust Resources Announces Quarterly Report
31 January 2013
Robust Resources Limited (ASX: ROL) (“Robust” or “the Company”) is pleased to announce its December 2012 Quarterly Report.
KEY POINTS
O SCOPING STUDY FOR LAKUWAHI OXIDE PROJECT PROGRESSING WELL
•Scoping modeled on gold-silver-copper from JORC resources defined at Batu Mas, Batu Hitam and Batu Hitam West
•Work to date yielded positive results, including:
o Column Leach Tests showing excellent gold recoveries of 90% from near-surface oxide ore
o Cyanide-soluble copper in transition ore – potential for over 95% recovery into saleable concentrate
o Pit optimisation studies reveal low strip ratio and robust economics
o Plant design and layout indicate ore treatment can take place within short haul from pits
o Infrastructure layouts and environmental baseline studies well advanced
o High-grade manganese product can be extracted with simple upgrade processes; straightforward incorporation into Oxide Project
O FURTHER DISCOVERY AND POSITIVE EXPLORATION RESULTS AT LAKUWAHI
•Record number of drill holes in Quarter
- 59 drill holes for 2,461 metres; assays awaited
- Focus on increasing the oxide resource
•New high value targets at Batu Perak
•Near-surface, high-grade polymetallic zone
•intersected at Batu Hitam West
•High-grade manganese intersected at
•significant widths; remains open
O PRAGMATIC APPROACH FOR LONGER TERM PROSPECTS
•Lakuwahi Sulphide Project; further encouraging metallurgical testwork results
•Philippines; prospective gold-copper projects awaiting commencement of drilling
Please follow the link to view the entire report in English:
www.irw-press.com/dokumente/RobustResources_Dec2012QuarterlyReport.pdf
ABOUT ROBUST RESOURCES LTD
Robust Resources is a precious and base metals explorer and developer with projects in Indonesia, the Philippines and Australia. The flagship asset is a 77.5% managing interest in the Romang Island projects, in Indonesia, which incorporate an interim Indicated and Inferred JORC mineral resource estimate of 592 thousand ounces of gold, 27.7 million ounces of silver, 95 million pounds of copper, 697 million pounds of lead and 678 million pounds of zinc. Drilling has also identified the presence of near-surface high-grade manganese deposits.
Robust’s dual focus is to become a significant low cost precious and base metal producer on Romang Island as well as continuing its positive record of new discoveries from its portfolio of exploration properties. Robust trades on the Australian Securities Exchange (ASX) under the symbol ROL and on the Frankfurt Stock Exchange under the symbol RO7.
*** ENDS ***
For further information please contact: Gary Lewis – Managing Director on +61 2 8259 4799
Leseranfragen:
Robust Resources Ltd.
Level 34, Gateway Building,1 Macquarie Place
Sydney NSW 2000 Australia
Nicholas Clark
E-Mail: nicholasclark(at)robustresources.com.au
Web: www.robustresources.com.au
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