DEVELOPMENT AND DISCOVERY ADVANCES ON ROMANG ISLAND PROJECT, INDONESIA
KEYPOINTS
Maiden JORC Mineral Resource Estimate at Lakuwahi Project, Romang Island, Indonesia.
Resource estimate based on tightly-focused drilling
- all prospects "open" indicating scope for a significant resource increase with further drilling.
Exploration Drilling Programme
- 20,000-plus metre CY12 drill programme underway
- Targeting both extensions to the existing mineral deposits and prospective new targets with demonstrated potential for large scale discoveries.
Development Studies advancing
- Oxide Gold-Silver study results support potential for low CAPEX heap-leach operation
Scheduled for 2014 commissioning
- Polymetallic sulphide base and precious metal project
Beneficiation upgrade potential identified
Low cost, open pit mining.
Continued strong support from Indonesian local partner, with Salim Group advancing to 10.37% to become Robust's second largest shareholder.
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