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Republic Gold [ASX: RAU] - Surface trenching update for Amayapampa Gold Project

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

Key Points:

� Infill grade control trenching commenced, with a significant portion (30% of the 5m infill trench samples) of results to-date delivering a much higher average grade (1.85 g/t Au) for oxide material than the mine model (0.96 g/t Au).
� Highlight results from the initial four trenches include 55m @ 1.36 g/t Au, 45m @ 2.11 g/t Au, 50m @ 1.08 g/t Au, 45m @ 1.19 g/t Au and 10m @ 2.40 g/t Au.
� Grades returned are solid and widths very impressive and reflect the initial trenching results.
� Trench No 54 includes 50m @ 1.08 g/t Au and 55m @ 1.36 g/t Au, reflecting the wide nature of the mineralisation.
� 13 trenches to be completed in this infill programme to get trenching density to 25 metres.
� Various mine scheduling scenarios being investigated to ensure the highest grades possible will be processed in the Project�s early years, targeting a cash cost of approximately US$350/oz.

Republic Gold Managing Director, Mr John Kelly said that �almost one third of the infill trenching to-date has resulted in an average grade of approximately twice the average grade of the oxide material in the mine model.�

�This confirms that the more sampling that is the done, the more support there is for the higher grades.

In time, with a sufficient critical mass of high grades represented in the database, and knowledge of their behaviour, we believe that estimates of remaining resources will reflect the positive impact of these higher grades.�

Find details in the attached announcement.

For further information, please contact:

John Kelly
Managing Director
Republic Gold Limited
(+61) 0418 577 759

or Greg Barns
(+61) 0419 691 846