Robust gets best drilling results at Romang gold project
Tuesday, December 8 2009 - 02:39 AM WIB
Preliminary assay results from diamond drill hole LWD 051 are as follows: 53.5 metres at 5.62 g/t Au from 1.5 metres. Including: 22 metres at 9.36 g/t Au equivalent from 3 metres, the company said.
The intersection is equivalent in gold content to a mineralized body of 10 metres thick at a grade of almost 1 troy ounce per ton of gold, it said.
The gold zone in hole LWD 051 correlates well with previous near-surface intersections at Batu Mas - which the company believes will be exploitable by low-cost, open cut mining with a very favorably low waste to ore ratio.
Robust Resources Managing Director Gary Lewis said, ?These results confirm the 6 x 4 Km Lakuwahi Caldera as a world class mineralizing system - taking Robust?s exploration to an exciting new level, with the company now looking to ramp up the exploration program.?
Drilling continues apace at Lakuwahi with 3 owner-operated rigs having drilled a total of 4,172 meters. To date, drilling has tested less than 1% of the Lakuwahi Caldera target zone. (denny)
