Lakuwahi drilling encourages Robust

/in /by

THE DRILL SERGEANT: Robust Resources has received encouraging results from a recently completed a drill hole within the company’s Lakuwahi project area on Romang Island, Indonesia.

The purpose of the hole was to test the north-eastern extensions of the Batu Mas mineralisation, situated within the Lakuwahi project area.

According to Robust the hole intersected the thickest continuous zone of mineralisation it has so far encountered on Romang Island.

Encouraging the company further was the news that the drillhole terminated in mineralisation.

The results include:

–    106.3 metres at 1.01 grams per tonne gold Equivalent (0.36 grams per tonne gold, 31 grams per tonne silver) from 8 metres.

The company said a mineralised and thick base metal-rich breccia body is underlying and partially overlapping this upper section and includes higher-grade zones of:

–    136m at 1.36 per cent copper Equivalent (0.22 g/t gold, 21 g/t silver, 0.17 per cent copper, 1.23 per cent lead, 1.88 per cent zinc) from 59m including:

–    50m at 2.14 per cent copper Equivalent (0.23 g/t gold, 35 g/t silver, 0.27 per cent copper, 1.77 per cent lead, 3.29 per cent zinc) from 73m including:

–    10m at 3.60 per cent copper Equivalent (0.27 g/t gold, 63 g/t silver, 0.56 per cent copper, 3.10 per cent lead, 5.13 per cent zinc) from 73m.

Robust said these results confirm Batu Mas is open to the east and at depth and represents a new direction to the company for further exploration.

Source: Company announcement

 “These are highly encouraging results and reinforce the fact that the Lakuwahi system at Romang is of significant scale. It confirms also that it still remains highly prospective and underexplored,” Robust Resources managing director Gary Lewis said in the company’s announcement to the Australian Securities Exchange.

“To obtain assay results at the boundaries of the known mineralisation from the 166th drill hole illustrates that our maiden resource estimate will represent only a fraction of the overall Lakuwahi system.

“As previously stated, Lakuwahi itself represents only a small component of the entire Romang Island, with exploration having recently commenced at the much larger North Romang project area.

“We are on track to release our maiden resource estimate in the coming weeks and look forward to updating shareholders at this time.

“Some additional assay results are pending which we will also continue to report when available.”