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Republic Gold [ASX: RAU] - Surface trenching completed at Amayapampa Gold Project, trading halt requested

Republic Gold (ASX: RAU) has received the final results of infill grade control trenching at its Amayapampa Gold Project located in Bolivia.

Key Points:

� Highlight results from the final nine trenches include 20m @ 16.8 g/t Au, 145m @ 1.77 g/t Au, 125m @ 1.90 g/t Au, 75m @ 1.67 g/t Au, 45m @ 1.99 g/t Au and 60m @ 1.50 g/t Au.
� The total Infill grade control trenching has a simple average grade of 1.64 g/t Au for oxide material � 70% higher than the mine model average grade of 0.96 g/t Au.
� Trench No 57 included 145m @ 1.77 g/t, including 5m @ 6.33 g/t Au, 35m @ 2.08 g/t Au and 55m @ 2.28 g/t Au.
� 13 trenches now completed - trenching density to 25 metres.

Republic Gold Managing Director, Mr John Kelly said that �with the total infill trenching resulting in average grades of 70% higher than the oxide material in the mine model, we continue to be increasingly encouraged by the upside the Amayapampa project presents.

Even when the one high result in Trench No 64 is removed, the average grade of these trenches is still 44% higher.

A common metric in Australia combines grade and ore body thickness, and in this context Amayapampa demonstrates superior class.�

Find details in the announcement by visiting:
http://www.republicgold.com.au/documents/announcements/477976_92846_10-05-19%20ASX%20release%20Amayapampa%20Surface%20Trenching%20Update%20Final.pdf

Republic has also requested a trading halt today pending the release of an announcement regarding a material capital raising.

The halt should be ended by Friday, 21 May 2010 or when the Company releases the announcement.

For more information, please contact:

John Kelly on +61 418 577 759
Greg Barns on +61 419 691 846