Robust intersects precious-metal-bearing zone in RI gold project
Wednesday, October 10 2012 - 02:12 AM WIB
Australia-listed firm Robust Resources Ltd said that it has recently received the results of two holes from the Batu Hitam West prospect in Romang Island, East Nusa Tenggara.
Both holes intersected near-surface mineralization containing gold and silver in LWD222, the drill hole has also intersected a zone of precious-metal-bearing, high-grade polymetallic mineralization, the company said in a statement obtained on Wednesday. The LWD222 intersections are as follows:
? 25m @ 1.35 g/t Au Equiv. (0.61 g/t Au, 35 g/t Ag) and 5.2% comb. Pb+Zn+Cu (2.3% Pb + 2.7% Zn + 0.2% Cu) from surface, including:
- 9m @ 2.08 g/t Au Equiv. (1.08 g/t Au, 47 g/t Ag) from surface, and:
- 5.3m @ 18.9% comb. Pb+Zn+Cu (7.5% Pb + 10.8% Zn + 0.7% Cu) and 1.73 g/t Au Equiv. (0.49 g/t Au, 58 g/t Ag) from 11 metres.
A recently completed detailed soil geochemical survey has returned results of interest in the Batu Hitam West area. A number of high gold in soil assays were obtained, in fact, the highest ever assaying 4.55 g/t Au.
These peaks are contained within a contiguous zone of strong precious metal anomalism and will be useful information for follow-up resource extensional drilling in the Batu Hitam area.
?Drilling on the margins of the known orebodies continues to provide extensions that will accrete to current mineral resources. The two holes reported here are no exception. Batu Hitam West is an area of active drilling for Robust and results continue to be very positive. We are waiting for assay results from several exciting-looking holes from this prospect, and I look forward to further positive news in coming weeks,? said Robust Managing Director Gary Lewis.
The detailed soil geochemistry survey has been ongoing over several months, and final results are now in. This survey has provided important fine-definition of anomalies that was not evident from the very coarse Billiton survey dating back to 1999. The soil geochemistry has also lead to several discoveries such as the high gold reported here, and the very high silver at Batu Hitam East reported two weeks ago. ?The data is still being interpreted by our geologists and is central to our understanding of the Lakuwahi system,? the company said.
Editing by Reiner Simanjuntak