🕐02.05.11 - 01:54 Uhr

REPUBLIC GOLD [ASX: RAU] - SIGNIFICANTLY MORE PRIMARY ORE THAN PREVIOUSLY ESTIMA
TED AT AMAYAPAMPA GOLD PROJECT





Fortbridge Media Release

Republic Gold [ASX: RAU] - Significantly more primary ore than previously estimated at Amayapampa Gold Project

Republic Gold Limited (ASX: RAU) advises shareholders of the successful completion of the 16 planned drill-holes as part of a larger development drilling program at the Company�s Amayapampa Gold Project in Bolivia. This part of the program was commissioned specifically to enhance predictability of early production mill feed when Amayapampa goes into production.

Key Points

* All 16 planned in-pit oxidation drill-holes completed
* Course free gold logged in 2 of the 16 drill holes
* Significantly more primary ore than previously estimated
* BOX-14 confirms ore grade mineralisation from surface at south end of pit
* Further metallurgical samples collected and being dispatched

The results have confirmed that more primary ore has been logged than has been previously modelled and yet another drill hole has recorded ore grade mineralisation from surface. With the logging of all 16 drill-holes completed, the average increase in the primary ore is 21 vertical metres. This equates to primary ore production being encountered 4 mining benches earlier than currently scheduled.

Overall, the drill program has produced an excellent outcome for Republic.

Republic�s Technical Director, Neb Zurkic, said that the improved oxidation information from both the existing and current drill holes has paid dividends, with significantly more of the predictable primary ore being delineated.

�Also, for the first time we are seeing free gold and from two drill-holes in a similar area. This is an exciting development for shareholders. We�ve always known that the free gold is there as this is what attracted the artisanal miners originally. Our metallurgical test-work has also shown that it exists. It will be very interesting to see the assay results for drill-holes BOX-09 and 10,� Mr Zurkic said.

�The average increase in the primary ore represented a material improvement on earlier estimates and Republic was now working to increase the confidence of predicting the quantities of each ore type to be mined at Amayapampa�, Mr Zurkic added.

�A material increase in the primary ore and a better understanding of the metallurgy should in turn impact positively on the potential to generate higher levels of cash flow from the early stages of production,� Mr Zurkic said.

Please find details, figures and tables in the attached announcement.

For more information, please contact:

Neb Zurkic
Technical Director
Republic Gold
+61 408 544 065

Media and Investor Relations:
Fortbridge Consulting
P: +61 2 9331 0655
Luke Dean
M: +61 414 535 433
E:

Bill Kemmery
M: +61 400 122 449
E:




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