Fortbridge Media Release

Republic Gold [ASX: RAU] - Republic Gold completes the sale of its share in Kangaroo Creek JV

Republic Gold Limited (ASX: RAU) has now completed the sale of its share in the Kangaroo Creek Joint Venture in Queensland.

The disposal is in line with the Company�s key objective to focus on the Amayapampa Gold Project and freeup management and resources to ensure its flagship gold project in Bolivia is brought into production.

As part of the Company�s strategy to review its options to farm-out or divest its Australian properties, the Company and Staldor Mining Pty Limited (�Staldor Mining�) entered into an Option Deed and Sale agreement in the first quarter of 2011 to dispose of the Kangaroo Creek Tin Project.

The Joint Venture with Staldor Mining was to explore and mine on a series of granted exploration and mining leases and lease applications in and around Kangaroo Creek located south-west of Chillagoe, outside of the Hodgkinson Basin in Far North Queensland.

The purchaser completed due diligence and exercised the option to buy the project. The sale has now been finalised with Republic receiving a total of $600,000 (purchase price and option payment) for its share of the project.

For further information, please contact:

Peter Wicks
Executive Chairman
Republic Gold Limited
M: +61 400 367 084

Media and Investor Relations:
Fortbridge Consulting
P: +61 2 9331 0655
Peter-John Lewis 0416 290 604