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The Directors of Republic Gold Limited (ASX:RAU) today announce that the Company has received analysis results for the initial 14 RC drillholes for the 2009 field season drilling at its Terrace Creek Prospect, within its 100%-owned Tregoora Gold Project in Far North Queensland ("FNQ"). A total of two diamond drillholes have also been completed to provide geological interpretations and samples for ongoing metallurgical testwork.
The board of Republic Gold Limited (ASX:RAU) present their Activities Report for the June 2009 Quarter. Highlights include; A 5% Mineral Resource upgrade at the FNQ Projects means that 72% of these resources are in the measured and indicated categories. Placement and heavily oversubscribed underwritten Rights Issue raises A$4.89M. Directors and interests associated with directors, subscribed A$377,000 to the Rights Issue. Cash at the end of the Quarter was A$4.78M.
The Board of Republic Gold Limited (ASX:RAU) today announces that Callabonna Uranium Limited ("Callabonna") has entered into an agreement to merge with MKY Resources Limited (ASX:MKY). Republic has a 7.23% interest in Callabonna and has agreed to the sale of all its Callabonna shares in exchange for new MKY shares.
The Directors of Republic Gold Limited (ASX:RAU) today announce that the Company has commenced metallurgical drilling at its 100%-owned Tregoora Gold Project in Far North Queensland ("FNQ") and in preparation for resource definition drilling at Terrace Creek, has undertaken costeaning (or trenching), surface mapping and sampling.
The Directors of Republic Gold Limited (ASX:RAU) today announce that the Company has commenced metallurgical drilling at its 100%-owned Tregoora Gold Project in Far North Queensland ("FNQ") and in preparation for resource definition drilling at Terrace Creek, has undertaken costeaning (or trenching), surface mapping and sampling.
The Directors of Republic Gold Limited (ASX:RAU) today announce that the Company has commenced metallurgical drilling at its 100%-owned Tregoora Gold Project in Far North Queensland ("FNQ") and in preparation for resource definition drilling at Terrace Creek, has undertaken costeaning (or trenching), surface mapping and sampling.
The Directors of Republic Gold Limited (ASX:RAU) today announce that the Company has commenced drilling at its 100%-owned Tregoora Gold Project in Far North Queensland ("FNQ"). The drilling will provide sample for an expanded metallurgical testwork programme and also attempt to upgrade the mineral resources at Tregoora with first estimation of mineral resources at the Terrace Creek Prospect following this current drilling programme.
The Board of Republic Gold Limited (ASX:RAU) is very pleased to announce that the Rights Issue ("Issue") has closed with approximately 80% of all shareholder entitlements being taken up.
The Australian shares were broadly higher. The benchmark S&P/ASX200 rose 76.4 points, or 2 per cent, at 3894.4, while the broader All Ordinaries gained 74.6 points, or 1.96 per cent, to 3887.9 points. Besides the strong lead from Wall Street, the rising commodities prices may also push up the market today.
The Directors of Republic Gold Limited (ASX:RAU) are pleased to announce that following the initial successful surface sampling programme at its Amayapampa Gold Project in Bolivia (the "Project"), the sampling has been extended significantly due to continuing encouraging analysis results.