🕐21.01.11 - 04:00 Uhr

Republic Gold [ASX: RAU] - Technical Report Completed for Amayapampa, Bolivia



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Republic Gold [ASX: RAU] - Technical Report Completed for Amayapampa, Bolivia

Republic Gold Limited (ASX: RAU) advises that AMC Consultants (Canada) Ltd (�AMC�) has completed a technical audit of the Company�s BFS for the Amayapampa Gold Project and prepared a Canadian National Instrument 43-101 Technical Report.

Key Points:

* Completion of 43-101 a key step in funding program in North America
* Final mineral resources confirmed at 1,280,000 ounces.
* Ore reserves confirmed at 787,300 ounces.
* Start-up project capital required confirmed at $136M.
* Average cash costs at $444 per ounce.
* Base case Net Present Value of $105M.
* No material flaws found in BFS during audit process.
* Directors are confident that there will be further upside during project implementation.

Please find more in the attached announcement.

For further information, please contact:

Peter Wicks
Executive Chairman
Republic Gold Limited
P: +61 2 8249 4700

Media and Investor Relations:
Fortbridge Consulting
P: +61 2 9331 0655
Luke Dean
M: +61 414 535 433
E:
Bill Kemmery
M: +61 400 122 449
E:


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