Robust Resources to further explore Lakuwahi project
Thursday, January 31 2013 - 11:12 AM WIB
ASX-listed Robust Resources Limited plans to continue the exploration of the Lakuwahi area in Romang Island, Maluku, after early drill testing at a number of targets such as Batu Perak are showing excellent potential.
At Batu Perak, drilling has led to the discovery of a large new hydrothermal system, the firm said.
Preliminary interpretation of the geology is of a unique ?unconformity-style? of gold and silver-rich polymetallic mineralization.
It has also become apparent that the unconformity style mineralization is related to a geochemical and geophysical anomaly known as ?Purple Heart?. Purple Heart is a strong gold and silver geochemical anomaly that appears to be associated with a deep-seated resistivity core.
The Purple Heart anomaly is considered a very high priority drill target for 2013.
Editing by Dadan Wijaksana