🕐01.08.11 - 02:27 Uhr

REPUBLIC GOLD [ASX: RAU] - QUARTERLY REPORT JUNE 2011





Fortbridge Media Release

Republic Gold [ASX: RAU] - Quarterly Report June 2011

Republic Gold (ASX: RAU) has reported on its activities on the quarter ending 30 June 2011.

Highlights:

Bolivia � Progress at the Amayapampa Gold Project
* Successful completion of all 16 planned drill-holes with excellent results.
* Significantly more primary ore than previously estimated.
* High grade gold results (38m @ 2.08 g/t Au, 45m @ 2.47 g/t Au and 32m @ 8.9 g/t Au) which is expected to have positive impact on re-estimate of deposit grade.
* 3 drill-rigs to be mobilised for a resource development campaign.

Australian Projects
* Hodgkinson Basin (Qld) project � negotiations are underway for the sale of this project and documentation is being prepared.
* Disposal of Kangaroo Creek project progressing.

Corporate
* Completion of total capital raising of approximately A$7.0m comprising:
- Share Placement raising A$1.45m
- 1 for 2 Renounceable Rights Issue to raise A$5.57m.
* Two new non-executive directors appointed to replace outgoing directors.
* Financing discussions for plant well underway
* Cash at the end of the Quarter was AU$5.4M.

Please find details in the report by visiting:

For further information, please contact:

Peter Wicks
Executive Chairman
Republic Gold Limited
M: +61 400 367 084

Media and Investor Relations:
Fortbridge Consulting
P: +61 2 9331 0655
Peter-John Lewis 0416 290 604




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