From today's ASX announcement by ROL:
"Robust Resources Managing Director Gary Lewis said, “The initial assay results for Hole LWD 051 were already of such a high grade, so we were delighted when the final results not only confirmed, but extended this important intersection.
“The Board is of the belief that we are sitting on a world class asset, with its prime location within Indonesia’s highly prospective Ring of Fire. Given we have explored less than 1% of the Lakuwahi Caldera to date, we remain optimistic about the potential to discover multiple targets within this, and other projects on the Island.
“As previously mentioned, we are now ramping up exploration at Romang Island with the arrival of a fourth rig expected first quarter 2010 and the commencement of a 144-line kilometre high-resolution 3D IP Resistivity survey that will cover most of the Lakuwahi Caldera and provide more effective targeting of future drilling. Exploration work is also continuing at our other exciting prospects in the north.”
Add to My Watchlist
What is My Watchlist?