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Robust Resources Ltd, Manganese Scoping Study and MOU Confirms Potential for Early Romang Island Production Start

Scoping Study confirms potential for viable manganese project outcome
-  CAPEX US$8-10 million
-  Payback < 6 months
-  Gross Revenue US$50-100 million
 
MOU with Indonesian subsidiary of Asia Mineral Corp. to provide for
-  Mitigation of commercial risk 
-  Short-term manganese ore exports and sales
-  Medium-term ore supply for local smelter
 
Further high-grade manganese drill intersections
-  New area: Perak Basin
-  Large and open potential
-  Occurs as overburden to Polymetallic mineralisation
-  Full manganese feasibility study commenced
-  Polymetallic Project drilling continues apace
-  3.2 tonnes of core samples recently delivered to assay laboratory.
 
Robust Resources Limited (‘Robust’ or ‘the Company’) is pleased to announce the results of a recently completed Scoping Study of the Romang Island Manganese (Mn) project (“Scoping Study”, “the Study”). The Study was carried out by independent consultants EQUANT RESOURCES Pty Ltd and was based on the JORC resource estimate published by the Company on 07 November 2013.
 
 
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