Robust Resources Ltd.: 59,6 % Mangan bei Bohrungen in geringer Tiefe auf Romang Island durchteuft

IRW-News: Robust Resources Ltd.

07.01.2013 10:47

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    IRW-PRESS: Robust Resources Ltd.: Robust Resources Ltd.: 59,6 % Mangan bei
Bohrungen in geringer Tiefe auf Romang Island durchteuft

Robust Resources Ltd.: 59,6 % Mangan bei Bohrungen in geringer Tiefe auf Romang
Island durchteuft

* Rekordgehalt von 59,6 % Mangan auf Romang Island
* Hochgradige Manganmineralisierung ist bis zu 26,7 Meter mächtig
* Aussichtsreiches Bohrziel im Manganese Valley in drei Richtungen offen
* Bohrungen zur genaueren Bestimmung der Manganvorkommen auf Romang Island
werden fortgesetzt
* Bisherige Ergebnisse aus drei Löchern weisen konsequent hohe Erzgehalte und
Mächtigkeiten aus
* Analyseergebnisse aus 11 weiteren Löchern stehen noch aus

Robust Resources Limited (ASX: ROL) ("Robust" oder "das Unternehmen") freut
sich, neue Explorationserfolge auf Romang Island bekannt zu geben, wo eine
weitere hochgradige Manganmineralisierung nahe der Oberfläche durchteuft wurde.

Seit kurzem liegen die Ergebnisse aus drei Bohrungen vor, mit denen die
vorliegende Manganmineralisierung erkundet werden sollte. Jedes dieser Löcher
durchteufte extrem breite und hochgradige Manganabschnitte, einige davon mit
außerordentlich hohem Erzgehalt und enormen Mächtigkeiten:

* LWD245: 26,7 Meter mit 40,5 % Mn ab Oberfläche, darin enthalten auch
o 2,5 Meter mit 56,9 % Mn ab 5,9 Meter Tiefe und
o 9,5 Meter mit 56,6 % Mn ab 12,9 Meter Tiefe
o 2,0 Meter mit 59,0 % Mn ab 16,9 Meter Tiefe

* LWD249: 14,2 Meter mit 48,0 % Mn ab Oberfläche, darin enthalten auch
o 6,0 Meter mit 56,4 % Mn ab 6,0 Meter Tiefe, davon
o 1,0 Meter mit 56,6 % Mn ab 9,0 Meter Tiefe (siehe Abbildung 1)

* LWD251: 21,1 Meter mit 37,5 % Mn ab Oberfläche, darin enthalten auch
o 9,2 Meter mit 48,6 % Mn ab 11,9 Meter Tiefe, davon
o 5,1 Meter mit 53,1 % Mn ab 11,9 Meter Tiefe

Die Mineralisierung im Manganese Valley ist nach wie vor offen. Abbildung 2
zeigt einen in Nord-Süd-Richtung verlaufenden Querschnitt; es handelt sich um
den östlichsten Bohrabschnitt, der bisher fertiggestellt wurde. Die
Manganmineralisierung ist in drei Richtungen offen: in nördlicher und südlicher
Richtung (siehe Abbildung) und auch weiter östlich dieses Abschnitts (Abbildung
3). Bemerkenswert ist in dieser Abbildung der kontinuierliche Verlauf der
Manganmineralisierung zwischen den Löchern.

Die Ergebnisse aus 11 weiteren Löchern stehen noch aus; in vielen davon war
bereits im Bohrkern eine Manganmineralisierung sichtbar (wie z.B. aus den
Löchern LWD255 und LWD260 in Abbildung 2). Derzeit finden weitere Bohrungen in
geringer Tiefe statt, mit denen das Ausmaß der Manganmineralisierung genauer
erkundet werden soll.

Gary Lewis, der Geschäftsführer von Robust, sagte: "Unser vorrangiges Ziel ist
es, die Gold-, Silber- und Basismetallressourcen auf Romang Island im Zuge der
laufenden Exploration zu erweitern. Daneben eröffnen sich im Rahmen der
Explorationsaktivitäten im Manganese Valley für Robust neue Chancen."

"Aufgrund der überzeugenden Analyseergebnisse und der Erfolge im Rahmen früherer
Explorationen zur Erkundung der Manganvorkommen haben wir nun ein
Explorationsprogramm entwickelt, das sich ganz gezielt auf die
Manganmineralisierung konzentriert. Die Ergebnisse aus den ersten 3 Löchern in
diesem neuen Programm sind sehr vielversprechend und haben bereits hervorragende
Werte geliefert. Theoretisch liegt der Höchstwert für Mangan bei 63 % reinem
Manganoxid und unser bisheriger Spitzenwert von 59,6 % Mn kommt sehr nahe an
diesen Reinheitsgrad heran. Damit können wir davon ausgehen, dass wir es im
Manganese Valley mit einer hochgradigen Lagerstätte zu tun haben", meinte er.

"Diese Ergebnisse sind ein weiterer Hinweis auf die umfangreichen Erzvorkommen
auf Romang Island. Mit 26 Millionen $ Barbestand und offenen Forderungen sind
wir bestens finanziert, um die Exploration der Manganvorkommen auf Romang Island
im Jahr 2013 voranzutreiben. Gleichzeitig werden wir die Exploration und
Erschließung unserer Gold-, Silber- und Basismetalllagerstätten weiter
forcieren. Wir freuen uns darauf, unsere Aktionäre über die bevorstehenden
Analyseergebnisse zu informieren."

Abbildung 1: Kernmaterial mit Rekordmanganwerten:

www.irw-press.com/dokumente/ROL_070113_DE.pdf

Geschäftsführer Gary Lewis steht Ihnen unter der Telefonnummer +61 2 8259 4799
für nähere Informationen zur Verfügung.

Stellungnahme des Sachverständigen

Die in diesem Bericht enthaltenen Informationen, die sich auf
Explorationsergebnisse beziehen, basieren auf Datenmaterial, das von John
Levings BSc, Fellow des Australasian Institute of Mining and Metallurgy,
zusammengestellt wurde. Herr Levings, ein Direktor des Unternehmens, ist seit
über zehn Jahren in dem hier beschriebenen Fachbereich tätig. Herr Levings hat
ausreichende Erfahrung, wie sie für die Art der hier dargestellten
Mineralisierung bzw. Lagerstätte und auch für die von ihm durchgeführten
Tätigkeiten wesentlich ist. Er hat somit die entsprechenden Qualifikationen, die
ihn zum Sachverständigen gemäß den einschlägigen australischen Richtlinien der
Berichterstattung ("Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves", Ausgabe 2004) befähigen. Herr Levings
stimmt zu, dass die von ihm vorgelegten Informationen in dieser Form und in
diesem Zusammenhang in der vorliegenden Meldung veröffentlicht werden.

Abbildung 2: Abschnitt 319,250mE, Zielbereich im Manganese Valley - mächtige
Abschnitte und kontinuierlicher Verlauf der Manganmineralisierung

www.irw-press.com/dokumente/ROL_070113_DE.pdf

Abbildung 3: Lageplan der Bohrungen im Manganese Valley 2012

www.irw-press.com/dokumente/ROL_070113_DE.pdf

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High grade gold intersected in Sondana drilling, Tanoyan Gold Project, Sulawesi, Indonesia

• Drill hole TND 106 intersected:
• 6.2 metres at 8.1 grams of gold per tonne
• Within broad zone: 42.95 metres at 1.6 grams of gold per tonne
• Continues to confirm consistency of higher-grade gold zones
• Important implications for continuity of gold mineralisation

VANCOUVER, Nov. 29, 2012 /CNW/ - Reliance Resources Ltd. (the "Company") (TSX:RI) is pleased to announce recently received gold assays, which have confirmed the discovery of significant high grade gold mineralisation in the Central Sondana vein; Tanoyan Gold Project; Indonesia.

Diamond drill hole number TND 106 intersected a broad zone of gold-bearing quartz veins which contains within it, a substantial high grade zone:

• TND 106: 42.95 metres at 1.6 g/t Au from 100 metres
  including 6.2 metres at 8.1 g/t Au from 135.5 metres

Full details of the results are located in Table 1.

This intersection is one of the strongest so far obtained on the Tanoyan property and also has important implications for the geological understanding of the Sondana gold vein system. As can be seen in the longitudinal projection of the Sondana vein in Figure 1, drillhole TND 106 extends the high-grade zone originally discovered in hole TND 063 (7.2m at 7.3 g/t Au).

Importantly, the TND106 result infers continuity between the strong gold mineralisation in North Sondana and Central Sondana at intermediate depths. This inference will be tested by further drilling as part of the Company's current, 10,000 metre, Phase 2 drill program. The program is designed to build on the independent NI 43-101 Inferred Mineral Resource (4.58 Mt at 1.41 g/t Au) of 208,000 ounces of gold (March, 2012). 

The TND 106 intersection highlights a substantial thickening of the mineralised zone between a shallow intersection in TND104 and a deep intersection in historical drillhole TND034 (see Figure 2). This continues a geological pattern encountered in North Sondana, where the thickest and highest grade gold intersections tend to occur at intermediate depth, starting approximately 50m below ground surface.

Reliance Resources CEO Mr. Gary Lewis said: "It is very encouraging to be able to update shareholders with this important result. Besides being one of the best holes ever from Tanoyan, it has led to important new understanding of the Sondana vein, and points to future exploration success and increase in mineral resources. The consistency of high-grade gold mineralisation is further demonstrated by this result which will be important when it comes the time to commercialise the Tanonyan gold deposits. The geological lessons being learned in Central and North Sondana put us in a good position as we explore further north along the Sondana vein structure. 

"Based on continued good results, Reliance has engaged consultants to complete a set of studies which will be submitted to the Indonesian Government and will lead to the conversion of the Tanoyan property from exploration to exploitation (production) stage."

The Tanoyan Gold Project consists of an extensive system of auriferous quartz veins, comprising four principal vein systems, Sondana, Ramai, Modupola/Talong and Lingkobungon. These veins are predominantly orientated northeast and dip steeply or moderately to the northwest or southeast.  The veins are hosted by andesitic volcanic rocks and have been mapped over a combined strike length of approximately 6 kilometres. 

The Phase 2 drilling program is aiming for a significant upgrade to the existing NI 43-101 resource by targeting extensions to drilled sections of the veins, which have been identified along strike and at depth on all vein systems. Previous drilling has primarily been tightly focused on the Sondana and Modupola veins and the current Phase 2 program will extend drilling into all target areas.

The resource model at the Sondana and Modupola veins is open at depth for most of its length, especially in the north of the Sondana vein, where significant drill intersections from Phase 1 drilling are located. The Phase 2 drilling program is designed to test at depth for extensions of mineralisation which have been mapped on surface and in locations where earlier drilling has shown the mineralisation is open at depth. Infill drilling should confirm the strike continuity of vein systems and thereby improve the classification of the mineral resources. 

Reliance has a portfolio of five mineral tenements covering 68,000 acres on the islands of Sulawesi and Halmahera in East Indonesia. The Company owns a 75% direct equity interest in both the Tanoyan and Anggrek properties and a 90% direct equity interest the Polopo property in Sulawesi. In the two Halmahera properties, Roko and Kapa Kapa, Reliance has an 82.5% beneficial joint-venture interest through a 100% Reliance-owned Indonesian subsidiary. The projects offer both exploration potential and an existing resource base. All five projects are adjacent to or along strike from operating gold mines or identified gold resources with similar geology and structural feature. Importantly, all projects have been converted to IUP tenements as required under the new Indonesian Mining Act (2009).

The Company is active on three of its five Indonesian gold projects; currently drilling on the Tanoyan Gold Project and conducting surface exploration programs on the Kapa Kapa Gold-Silver Project and the Roko Gold Project. All of the Reliance proprties have easy access via paved and/or gravel roads and regional infrastructure is good. 

This press release has been reviewed and approved by Mr. John Levings, B.Sc., FAusIMM, director of Reliance Resources Limited and a Qualified Person as defined by National Instrument 43-101, under whose direction the exploration programs are being carried out. 

The statements herein that are not historical facts are forward-looking statements.  These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the Company's periodic filings with Canadian securities regulators.  Actual results could differ from those currently projected.  The Company does not assume the obligation to update any forward-looking statement. 
 

Table 1: Tanoyan Project Drilling Results 

DH No.	Vein	From	To	Interval	Au
		(m)	(m)	(m)	(g/t)
TND106	Sondana	29.00	29.80	0.8	1.4
	and	68.65	69.30	0.65	1.5
	and	100.05	143.00	42.95	1.6
	incl	135.5	141.70	6.2	8.1

PDF available at: http://stream1.newswire.ca/media/2012/11/29/20121129_C4639_DOC_EN_21342.pdf
PDF available at: http://stream1.newswire.ca/media/2012/11/29/20121129_C4639_DOC_EN_21343.pdf

SOURCE: Reliance Resources Ltd.

Media Information, contact:
Gary Lewis, CEO
gary.lewis@relianceresources.com.au

Investor Information, contact:
Adam Holdsworth
aholdsworth@dgicomm.com

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Drilling Update: 24.9 Metres At 2.8 G/T Au Intersected at Tanoyan Gold Project, Sulawesi, Indonesia

Significant intersection in drill hole TND105: North Sondana Vein 24.9 metres at 2.8 g/t Au from 95 metres Including 3.4 metres at 7.0 g/t Au from 104.3 metres Continues to confirm consistency of higher-grade zone Additional Phase 2 drilling of 9 holes and 1,271 metres completed Phase 2, 10,000 metre drilling program designed to increase the 208,000 ounce gold 43-101 mineral resource estimate continues with 2 diamond drills Feasibility, Social and Environmental Impact Studies commenced  13 November, 2012- Reliance Resources Ltd. (the "Company" or "Reliance" ) (TSX:RI) is pleased to announce the completion of an additional 9 holes totalling 1,271m of diamond drilling on its 75%-owned Tanoyan Gold Project in Indonesia. To date, 19 holes totalling 2,802 metres have been completed in a planned 10,000 metre, Phase 2 program, which commenced after the publication of the NI 43-101 report and mineral resource estimate in March 2012 (Inferred mineral resource of 208,000 ounces of Au at 1.41 g/t Au). Drilling continues utilising 2 owner-operated drill rigs. Highlights of the recent results include a wide intersection from TND105 which continues to confirm the consistency of a higher-grade and thicker gold mineralization zone, at intermediate levels of the North Sondana Block, especially between RLs 300m and 380m depth (see Figure 2). TND105: 24.9 metres at 2.8 g/t Au from 95m Including 3.4 metres at 7.0 g/t Au from 104.3m

Table 1 lists the gold intersections from the Phase 2 drilling since the previous release on 3rd September 2012. The locations of the holes in relation to the mapped veins and previous drill collars is shown in Figure 1.

This drilling gives important information regarding the geological controls on the mineralization within the vein system. In common with most epithermal gold vein systems, the ore-grade mineralization is localised within a number of shoots and a considerable amount of drilling is required to properly define them.

At North Sondana, drilling has continued to identify a remarkably consistent zone of higher-grade mineralization between RLs 300 and 380 and there is a suggestion that this zone may plunge to the south-west, as indicated by hole TND097: 12.6M @ 2.7 g/t Au.

Holes testing the vein at even deeper levels, have defined the lower limits of potentially economic mineralization in the North Sondana shoot (e.g. TND101: 10.7m @ 0.4 g/t Au and TND103: 12.2m @ 0.6 g/t Au). It must also be noted however, that technical drilling issues in both these holes, resulted in the termination of TND103 whilst still in vein, and TND101 was also not completed to it's planned depth.

Detailed structural and lithological information is now being used to build a sophisticated 3D model using specialist "Leapfrog" software, which will greatly assist future drill planning and resource modelling. A perspective view from the preliminary Leapfrog model of Sondana North is shown in Figure 3.

The long section in Figure 1 shows a number of planned Phase 2 drill holes, which include drilling in the almost untested further-north extensions of the Sondana vein. Success in this drilling should add substantially to mineral resources. In addition, the Company will drill further holes in the Sondana vein to better define the mineral resource, prior to exploitation.

Reliance has engaged consultants to manage the preparation of a Feasibility Study and Environmental Impact Assessment Study, which are both necessary to transition the property status from exploration, to exploitation status.

Reliance Resources CEO Mr. Gary Lewis said: "Reliance management is pleased with the steady progress of the drilling at Tanoyan, which is necessary to update our resource position and provide the basis for the recently commenced studies that will ascertain the feasibility of mining and treatment of the Tanoyan vein system, as well as transition the status of the property from exploration to exploitation stage. We continue to explore and define mineral resources utilising two owner-operated diamond drill rigs, which allow us to carry out very cost-effective drilling.

"Work is progressing well on our other Indonesian projects, including the Kapa Kapa high-grade copper-silver prospect. We look forward to updating shareholders as results become available."

The Tanoyan Gold Project consists of an extensive system of auriferous quartz veins, comprising four principal vein systems, Sondana, Ramai, Modupola/Talong and Lingkobungon. These veins are predominantly orientated north-east and dip steeply or moderately to the north-west or south-east. The veins are hosted by andesitic volcanic rocks and have been mapped over a combined strike length of approximately 6 kilometres.

The Phase 2 program is aiming for a significant upgrade to the existing NI 43-101 resource by targeting extensions to drilled sections of the veins, which have been identified along strike and at depth on all vein systems. Previous drilling has primarily been tightly focused on the Sondana and Modupola veins and the current Phase 2 program will extend drilling into all target areas.

The resource model of the Sondana and Modupola veins is open at depth for most of its length, especially in the north of the Sondana vein, where significant drill intersections from Phase 1 drilling are located. The Phase 2 drilling program is designed to test at depth for extensions of mineralization which have been mapped on the surface and in locations where earlier drilling has shown the zone is open at depth. Infill drilling should confirm the strike continuity of vein systems and thereby improve the classification of the mineral resources.

The Company has a portfolio of five mineral tenements covering 68,000 acres on the islands of Sulawesi and Halmahera, in East Indonesia. The projects offer both exploration potential and an existing resource base. All five projects are adjacent to, or along strike from, operating gold mines or identified gold resources with similar geology and structural features. Importantly, all projects have been converted to IUP tenements as required under the new Indonesian Mining Act (2009).

The Company is active on three of its five Indonesian gold projects; currently drilling on the Tanoyan Gold Project and conducting surface exploration programs on the Kapa Kapa Gold-Silver Project and the Roko Gold Project. All of the properties have easy access via paved and/or gravel roads and regional infrastructure is good.

This press release has been reviewed and approved by Mr. John Levings, B.Sc., FAusIMM, director of Reliance Resources Limited and a Qualified Person as defined by National Instrument 43-101, under whose direction the exploration programs are being carried out.

Media Information, contact:
Gary Lewis, CEO
gary.lewis@relianceresources.com.au
+61 8259 4799

Investor Information, contact:
Adam Holdsworth, DGI
aholdsworth@dgicomm.com
212 825 3210



The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Table 1: Recent Tanoyan Project Drilling Results

DH No.	Zone 51 N UTM		Depth (m)	SONDANA BLOCK	From	To	Interval	Au
	East	North			(m)	(m)	(m)	(g/t)
TND098	639368	67105	156.5	CENTRAL	57.40	59.10	1.70	0.3
TND099	639639	67463.3	95	NORTH	48.50	53.80	5.30	0.7
TND100	639338	67133	141.6	CENTRAL	93.60	100.65	7.05	0.3
TND101	639584	67517	245	NORTH	232.60	243.30	10.70	0.4
				Incl.	232.60	233.95	1.35	1.2
TND102	639370	67166	177	CENTRAL	71.35	73.75	2.40	0.5
					118.20	123.30	5.10	0.3
TND103	639665	67583	170	NORTH	158.20	170.40	12.20	0.6
				Incl.	166.30	170.40	4.10	1.0
TND104	639423	67158	115	CENTRAL	24.00	26.00	2.00	1.4
TND105	639654	67527	80	NORTH	71.50	76.00	4.50	0.5
					95.00	119.90	24.90	2.8
				Incl.	104.30	107.70	3.40	7.0
			1270.85

View News Release in PDF Format:

	File:  http://www.relianceresources.com/i/pdf/PR-13-Nov-2012.pdf

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