Robust Resources will undertake a $1.2 million exploration program over the next 10 months for its newly acquired gold-base metals project on Romang Island in Indonesiaâ€™s Magmatic Arc.
Romang Island has a mineralizing system comparable in size to the Lihir ore body in Papua New Guinea.
Romang has advanced exploration projects in five mineral titles totaling 25,000 hectares covering the entire island. A number of prospects exist in the north and south areas of the island and the prime prospects are ready for immediate drilling.
Robust Resourcesâ€™ executive director Gary Lewis says the company will explore the northern and southern prospects concurrently.
â€œA key objective will be to bring one of the northern prospects which have the potential to be developed into a low-capex direct shipping operation into rapid production providing an income to fund detailed assessment of the much larger Southern (Lakuwahi) Prospect.
â€œThe Lakuwahi prospect has the potential to host a large base metal-gold breccia deposit and high-grade exhalative volcanogenic massive sulphides. The prospect has barite-style mineralization similar to the Kali Lerokis/ Kuning projects on nearby Wetar Island being developed by Finders Resources.â€
The Romang prospects are now a major focus for the company and equipment and people are being mobilized for an aggressive exploration program. Geochem results are expected to start flowing in June with early drill results expected in July.
The main initial objective is to identify high-grade lead-silver-gold veins in the Northern Prospects, and to bring one or more of these into rapid production by shallow surface mining. Lump ore would then be shipped direct to Asian smelters, providing an early income stream.
Northern prospect work, with nine target areas, involves mapping and sampling of veins, followed by about 2500 metres of diamond drilling. Known veins are about 2 metres wide, persisting for about 200 metres along strike and 100 metres down dip, and contain about 25% massive sulphides assaying 30% lead, 400 grams/tonne silver and 2 grams/tonne gold.
At the Southern Prospect the main objective is to follow up earlier Billiton drilling, with detailed mapping, rock chip sampling, and magnetic, gravity, IP work, to delineate high-grade volcanogenic massive sulphide pods within the deposit. An initial program of follow-up, step out scout drilling is proposed.
The Lakuwahi camp is already established and the next stage will be to cut lines and grid stake the caldera target area. This will be followed by mapping and rock chip sampling, spot height theodolite levelling, ground magnetics and contract geophysics.
Rock chip sampling carried out by Robust in this area includes: 401ppm silver; 3.08 ppm gold, 1.38% lead and 112 ppm silver; 4.72% lead and 357 ppm silver; 217 ppm silver; 3.11 ppm silver; and 360 ppm gold.
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