Republic Gold Limited Stock Market Press Releases and Company Profile
Republic Gold Limited (ASX:RAU) Announce New Surface Trenching At Amayapampa Gold Project Extends Potential Strike Of Mineralised Zone By 600 Metres
Republic Gold Limited (ASX:RAU) Announce New Surface Trenching At Amayapampa Gold Project Extends Potential Strike Of Mineralised Zone By 600 Metres

Brisbane, May 13, 2010 AEST (ABN Newswire) - Republic Gold Limited (googlechartASX:RAU) are pleased to announce that the Company has received the results from two exploratory trenches at its Amayapampa Gold Project ("Amayapampa" or the "Project") located in Bolivia. The two trenches (Nos 39 and 38) are located 530 metres and 600 metres respectively north of the currently proposed open pit and directly along strike from the mineralised zone within this design pit. One trench produced 5 metres at 22.4 g/t Au, which is consistent with the extensive trenching results already undertaken by the Company within the proposed open pit area.

Republic Gold Technical Director, Mr Neb Zurkic said that "These results have confirmed the Company's belief that the Amayapampa deposit has significant strike potential to the north. While the general tenor of these results is lower than in the pit area, earlier geological work had predicted a plunge of the mineralised zone to the north of the open pit. This therefore diminishes the surface expression of the mineralised in line with expectation. We are currently laying the foundations for further resource definition drilling to ensure that this extension of the Amayapampa primary deposit will be ready for drilling at the appropriate time."

Two trenches have been sampled over distances of 420 metres (Trench No 38) and 740 metres (Trench no 39). These extended trenches were designed to capture any possible surface expression of the Amayapampa mineralisation to the north of the designed open pit. Alluvial gold is mined by the locals in the Chusquia Valley that these two trenches straddle.

Further trenching will be done, with two new trenches already designed; one to the south and one to the north. Further to the results in Trench No 38, the mineralisation remains open to the north, where an 82 metre long anomalous zone occurs. The trenching analysis results are supported by preliminary trench mapping.

Details of the trenching results are found in Table 1 and Figure 1 (see link at the bottom).

Table 1 Significant Trenching Intercepts
------------------------------------------------------------Trench Number   Significant Intersections   Comments------------------------------------------------------------Trench No 38    5m @ 1.02 g/t Au            Bedrock material                5m @ 0.61 g/t Au                5m @ 0.55 g/t Au                5m @ 0.78 g/t Au------------------------------------------------------------Trench No 39    5m @ 1.06 g/t Au            Bedrock material                5m @ 1.78 g/t Au                5m @ 22.4 g/t Au------------------------------------------------------------

For the complete Republic Gold annoucement including Figure 1, please view the following link:

http://www.abnnewswire.net/media/en/docs/62852-ASX-RAU-336332.pdf

Contact

John Kelly
Managing Director
Republic Gold Limited
Tel: +61-7-4092-2594
Mob: +61-418-577-759



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