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Additional information
Additional Information
Market: ASX
Sector: Gold Mining
Epic: .RAU
News: Latest news
Web Site: Republic Gold
Other Articles: 15-02-201012-02-201029-01-2010

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Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

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Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners

The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.

 

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Republic Gold

Republic Gold

Republic Gold Limited’s vision is to become a leading gold explorer and producer, focusing on gold deposits in Bolivia's and Australia’s slate belt gold provinces. The Directors of Republic Gold offer what they believe is an attractive portfolio of tenements in southern Bolivia, the Hodgkinson Basin in Far North Queensland (FNQ) and in the Lachlan Fold Belt in Central New South Wales.

Republic’s core focus is the Amayapampa Gold Project in Bolivia – 1.1moz and growing. Bolivian gold project cash flow is forecast by the company to commence in 1Q 2011. Potential for early-stage FNQ gold project cash flow is 1H 2010.

 

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Tuesday, June 30, 2009

Republic Gold commences drilling at Tregoora in FNQ, where near term cash flows beckon

by Proactive Investors company news image

Bolivian and Australian focussed gold developer Republic Gold (ASX: RAU) has today commenced drilling at its 100% owned Tregoora Gold Project in Far North Queensland.

While many eyes have been on RAU's Amayapampa Gold Project in Boliva given its size, the company's Far North Queensland (FNQ) projects are capable of providing near term cash flow. 

Bankable Feasibility Studies have commenced and gold production could commence in FNQ as early as 2010 with planned 35,000 ounces of production per annum.

Drilling will have two objectives at Tregoora in FNQ: to provide samples for an an expanded metallurgical testwork programme and also to upgrade the mineral resources at Tregoora.

There have been some very high grade intercepts in past 2 years at Tregoora and Far North Tregoora of: 24m @ 8.3 g/t 24m @ 4.78 g/t in X-holes on the same drill section.

The Tregoora Project is planned for development in conjunction with the Northcote project but has the potential to outstrip Northcote and become the Company’s main project area. The bulk of the combined resources of 2,847,000 t at 1.7  Au g/t containing 156,000 Au ounces is contained within the Sleeping Giant deposit to broadly open pittable depth Northcote, after a recent upgrade has total resources of 9,420,000 tonnes at 1.7 g Au/t containing 573,000 ounces gold.

A number of studies that form part of the Bankable Feasibility Study at have already been completed, with the Company in discussions with engineering firms to provide the final input required for the completion of a Bankable Feasibility Study.

Republic’s Managing Director John Kelly said the Company is moving ahead with its production plans for Far North Queensland. This year’s drilling at Tregoora "will enable the completion of metallurgical testwork necessary for the Bankable Feasibility Study and if successful will see an initial mineral resource at the high grade Terrace Creek Prospect."

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