ROL 0.00% 48.5¢ robust resources limited

rol's "most significant" exploration hit...

  1. 24,765 Posts.
    The big news from today's ASX release:

    "The combination of the grades and thicknesses of precious metals located near surface, and polymetallic sulphides intersected in this hole make it the most significant hole to be drilled on Romang Island to date."


    "Drill hole LWD110 reveals broad intersections of shallow high grade gold, silver and polymetallic mineralisation

    o Most significant hole drilled to date in terms of grades and thickness of precious and base metal intersections

    o Confirms high grade near-surface gold mineralisation encountered in previous drilling and extends polymetallic sulphide mineralisation to greater depths

    o LWD110 Highlights:

    o 43 m1 @ 5.18 g/t Au Equivalent2 (4.63 g/t Au and 33 g/t Ag) from 2 m

    Including: 17 m @ 9.63 g/t Au Equivalent (9.08 g/t Au and 33 g/t Ag) from 15 m

    o 76m @ 1.47% Cu Equivalent3 (0.29 g/t Au, 16 g/t Ag, 0.27% Cu, 1.77% Pb, 1.40% Zn) from 37m

    Including: 17m @ 3.31% Cu Equivalent (0.45 g/t Au, 22 g/t Ag, 0.91% Cu, 3.85% Pb, 3.07% Zn) from 42m

    Strong cash position of +$30 million - well positioned to advance exploration and move towards maiden resource estimation.."
 
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