ROBUST RESOURCES LIMITED
Media
Release
18 April 2007
First drilling campaign to taget
gold-zinc-copper vein north of Cadia/ Ridgeway
Key points
- Drilling to target
gold-zinc-copper skarn vein deposit
- Nine 120m long, inclined
RC holes will probe under old mine workings
- Promising zinc geochem and contact zones for follow-up
Robust
Resources Limited (ASX code: ROL) ("Robust") is to commence its
first drilling campaign since successfully listing on the ASX on 26 February 2007 at its Cumnock Project.
The Cumnock Project (EL6417), located near Orange
and north of Cadia/ Ridgeway, is on a similar mineralisation trend to the Cadia/
Ridgeway gold-copper mines with the Newmont-Alkane JV
in between. The target at the Cumnock Project is
epithermal gold in high-grade vein systems and porphyry copper-gold mineralisation similar in type to deposits found at Cadia/ Ridgeway and Northparkes.
Drilling
at the Delaney's Dyke Mine, targeting a gold-zinc-copper zone, started on
8 April and will be completed in two weeks.
Mining
undertaken at Delaney's Dyke in the 1885-1888 period
was focused on a skarn lode "80 yards long, 6
to 26 feet wide which was soft and sandy in nature, with shafts and drives at
depths of 60 to 140 feet". Gold grades were high, but production was hampered
by a shortage of water. The mine was abandoned when gold was discovered at Peak
Hill.
Robust
proposes to focus the drilling on main workings at Delaney's Dyke. Nine
120m long holes inclined at 60 degrees in a scissor pattern are planned to
intersect skarn lodes last mined between 1885 and
1888 at about 75m down hole, immediately below the level of old shafts and
drives.
Geochemical
surface sampling is also planned to follow up anomalous zinc stream sediment
values in the 175-1400 ppm range north-east of
Delaney's Mine.
If
encouraging results are obtained from the drilling program at Delaney's
Dyke and from surface geochemical sampling in the area to the northeast, then
other contact zones between granite and sediments or volcanics
will be investigated.
"Robust
Resources has now embarked on an aggressive initial drilling campaign of
$400,000 over the next two months starting with the Cumnock
Project. The company is in an enviable position through having a strong
exploration team on board with a recognised track
record," Mr Ian Finch Robust Resources'
Chairman said.
About Robust Resources
Robust
Resources Limited (ASX code ROL) which listed on the ASX on 26 February 2007, is a mineral explorer focused on gold, silver, copper and zinc
in the Lachland Fold Belt of NSW. With experienced
management who have a track record of major
discoveries, Robust is exploring favourable areas
near proven world class deposits and existing infrastructure.
Robust
holds six tenements with a total area of 1791 km2, five
of which are adjacent to and on the same structural trend as major gold
producers, and are underlain by rocks of similar age and lithology
to those found at these mines. The sixth tenement is a previous gold and base
metal producer situated in an untested 27km2 epithermal envelope.
For
further information please contact:
Ian
Finch
Chairman
(08)
9485 1040
Gary
Lewis
Managing
Director
0422
880 055
Doug
Macdonald
Capital
Group
0424
255 959
or consult the website www.robustresources.com.au