Brisbane, April 18, 2008 AEST (ABN Newswire) - The Board of Republic Gold ("Republic" or the "Company")(ASX: RAU) today announces that the Company has recently hosted a third visit to Australia by the Chinese group that is interested in the Company's properties. The Company has now been invited to China to discuss the details of a potential co-operation agreement between the two groups.
The delegates for the recent visit included the Chairman of the overall holding company of the Chinese group and the Chairman of the Southern division of the group. This Chinese group has an annual turnover of RMB26B, equivalent to approximately AUD$4B. Importantly, accompanying the delegation was a very senior Chinese politician who has overall responsibility for this group and a wide range of natural resources interests in China.
The Company directors and its consultants were able to give the delegation a detailed presentation on the Company's activities and once again the delegation viewed the Company's 75%-owned Burraga Base Metals Project
Contact
John Kelly
Managing Director
Republic Gold Limited
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