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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 appoints new chairman as share price prospers

Tuesday, February 02, 2010

Shares in Indonesian-based gold and base metal explorer Robust Resources (ASX: ROL) spiked 25c this morning as the company announced the appointment of David King as Chairman to its board.

During the morning trade, shares in the company increased 25c, or 17.5%, to $1.68.

Dr King is currently Non Executive Director of ASX listed Ausmon Resources Ltd, a founder and Non-Executive Director of ASX200 company Eastern Star Gas and Chairman of Cellmid.

He has substantial minerals-related experience, having previously served as Managing Director of North Flinders Mines and as a director of Minerals Corporation Ltd, Elmina, Spargos Mining, Hillgrove Gold Ltd and Sapex.

Robust Managing Director, Gary Lewis said: “David brings to Robust a wealth of technical and corporate experience having served on many ASX listed company boards.

"His appointment is in line with our continuing efforts to strengthen the Company’s board and executive team and his previous experience will no doubt prove invaluable as we move forward in what is a very exciting developmental stage of the company," Dr Lewis said.

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