Brisbane, May 27, 2008 (ABN Newswire) - The Board of Republic Gold (ASX:RAU)("Republic" or the "Company") announces that drilling for the 2008 field season at its Far North Queensland projects will commence by the end of this week. The work to be undertaken will follow-up positive results received in new areas from last season's programme, with a view to obtaining information that will allow initial resource estimates to be calculated on some of these areas.
Local drilling contractor Drill North Pty Limited ("Drill North") has again been engaged to commence an RC and diamond drilling campaign. A Drill North rig will initially commence drilling at the Northcote Project with 1,200 metres, before moving to the Tregoora Project for 2,400 metres of drilling.
Following the completion of these two programmes, the Company will await analysis results to assess the next drilling programme for the Northcote, Tregoora and the Whumbal West Tungsten Projects.
About REPUBLIC GOLD LIMITED
Republic Gold Limited is an explorer of gold, focusing on gold deposits in Australia's slate belt gold provinces. Its two projects in the Hodgkinson Basin are the Northcote Project (75%-owned) and the Tregoora Project (100%-owned). Drilling programs have been carried out by the Company on both projects. Republic has a coverage of exploration tenements and applications in the Hodgkinson Basin totaling approximately 5,000 square kilometers.