BRISBANE (Indonesia Today) – Robust Resources Limited reports further exploration success on Romang island, Maluku, with further high-grade manganese mineralisation intersected near surface.
Results have been received for three recent holes which have specifically targeted manganese mineralisation.
Robust Managing Director, Gary Lewis said: “The results for the first 3 holes in this new exploration program are very encouraging and have produced some very high-grade assays.”
He added the theoritical maximum manganese content for pure manganese dioxida is 63% and its peak assay of 59.6% Mn approaches that purity. “This gives us every confidence that we have a high-grade deposits at Manganese Valley,” Gary said.
“These results are a further indication of the prolific mineralisation on Romang island, and given our very strong funding position of more than $26 million of cash and receivables, we have the financial flexibility to fast-track our manganese exploration and development of our gold, silver and base metal deposits.” (Indonesia Today)