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Additional Information

Market:	ASX
Sector:	General Mining
EPIC:	ROL
Latest Price:	1.24 (1.64% )
52-week High:	2.25
52-week Low:	1.05
Market Cap:	105.33M

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Robust Resources

Robust Resources (ASX: ROL) has two large multi-commodity projects in Indonesia on Romang Island, both concentrated on volcanic centres. Robust is exploring prospective ground previously owned by Billiton during the 1990s, and the Ashton Mining Group using owner-operated drilling rigs.

Lakuwahi, in the south of Romang, has near-surface gold and silver, while a significant poly metallic base metal discovery also exists with thick intersections of economic base metals underlying the gold and silver deposit. At the North Romang Project, initial exploration has demonstrated a porphyry system with a focus on gold and silver.

Robust Resources finds copper/gold anomalies near Orange, NSW

Tuesday, June 30, 2009

Robust Resources (ASX: ROL) has been turning investor heads recently with drilling results from Romang Island.

ROL has also been active on its Cumnock tenement (EL 6417) near Orange in NSW. Broad spaced soil sampling has located new gold and base metal anomalies at Gumble and Mount Catombal as part of the tenement ground.

Copper and gold anomalies were encountered in the northern grid. These will require follow-up by prospecting/ rock chip sampling, and/or closer spaced soil sampling.

ROL is manager of the Joint Venture with Ausmon Resources Limited (ASX: AOA). Robust farmed out an 85% interest its NSW tenements including EL 6417 (Cumnock), near Orange. The deal excluded Bauloora (EL 6414) near Cootamundra, which is 100% owned by Robust. Under the agreement Ausmon will spend $250,000 p.a. on the tenements as a whole for 3 tenement years ending May 2011, with a right to withdraw after 2 years. ROL will retain a 15% free carried interest.

A total of 15 to 20 new copper and/or gold anomalies have been discovered. These anomalies are significant in that they most likely represent the surface expressions of base and precious mineralisation at depth.

Gumble is prospective for skarn type deposits, and the Mt Catombal area for disseminated copper sulphides with epithermal gold.

Further exploration will focus on sampling of the most northerly anomaly, extending northwards. Broadly spaced soil sampling will be undertaken in areas where rock chip sampling has yielded anomalous results. The work will hone targets for further probing using air core and/or RC percussion drilling.

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