MCS undertakes JORC resource estimate for Lakuwahi project

Thursday, December 29 2011 - 01:55 AM WIB

Independent consultants, Micromine Consulting Services (MCS) of Perth are currently undertaking a JORC compliant mineral resource estimate (JORC resource estimate) for Robust Resources Limited?s Lakuwahi mining project on Romang Island, Indonesia.

Robust Resources says the estimate is being conducted within a compressed timescale due to delays caused by a method change for the assaying of lead (Pb) samples at the company?s laboratory in Jakarta.

The Pb QA/QC checks have been completed to the company?s satisfaction and the resource estimation process has been underway since early December.

Robust have received the draft resource estimate from MCS and the global resource numbers meet the company?s expectations. MCS have advised that final QA/QC analysis is in progress, which will allow for the final classification and completion of the JORC resource estimate in approximately one week.

The timeline described above means that the company will miss, by a few days, its internal deadline for the completion of an independent JORC resource estimate before the end of 2011.

The company anticipates publicly releasing the JORC resource estimate in early January, 2012.

Robust?s Managing Director Gary Lewis commented: ?While this minor delay is frustrating we need to ensure that our maiden JORC resource estimate is completed to both the Company?s and MCS? satisfaction.

?This maiden JORC resource estimate is an important milestone for Robust and we look forward to updating shareholders at the first opportunity in the next week or so,? he said. (ruly)

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