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Company Announcement: Robust to Complete Acquisition of the Advanced Low-Cost Andash Gold-Copper Project in Kyrgyz Republic

4th June 2013

By: Creamer Media Reporter

  

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Robust Resources Limited  (0.37 MB)

Robust Resources Limited is pleased to advise that following Board approval and due diligence, the Company has agreed to move forward on its planned acquisition of Andash Mining Company in the Kyrgyz Republic from Kentor Gold Limited. The Andash Copper-Gold project, which is located in the Central Asian Orogenic Belt, has Proven and Probable JORC Code Compliant Ore Reserves totaling 539,730 ounces of gold and 63,486 tonnes of copper1 with significant exploration upside. A Definitive Feasibility Study (DFS2) has been completed, and an existing team of 15 local technical, financial and administrative professionals has been retained to progress the project’s development.
 

Edited by Creamer Media Reporter

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