Encouraging analysis for Republic tungsten prospect

Republic Gold has received highly encouraging analysis results from the initial....

  Republic Gold has received highly encouraging analysis results from the initial field program on its new Whumbal West tungsten prospect in Far North Queensland, with soil sampling indicating a continuous tungsten anomaly over a strike length of 3,500m that is still open along strike to the north and south and across strike to the west on some sample lines.According to Republic, the Whumbal West scheelite-bearing prospect was sampled over a strike length of 3,500m on seven sample lines across 1,100m of the mineralisation. The strongest analysis results are from the northern-most line, which shows anomalous results over a width of 550m, indicating that further sampling is warranted to the north. Republic said that on all but Line 7, the anomalous results warrant further sampling to the west. Based upon the analyses contained in Republic Gold’s database, which the company inherited from BHP Billiton, the Whumbal West anomaly is larger in size and tenor than the nearby Watershed Grid scheelite deposit owned by Vital Metals. The Watershed Grid deposit was sampled and drilled by a subsidiary of BHP Billiton, with the current deposit known to strike over 1,500m, containing a world-class sized scheelite deposit. Vital Metals recently reported the global scheelite resource at Watershed Grid as 56,300 tonnes of contained WO3 in the indicated and inferred categories, comprised of 22 million tonnes at 0.26% WO3. Republic said that further sampling and mapping was required for Whumbal West, although at this preliminary stage the very strong results on Line 7 provide a compelling drill target.The company has undertaken further sampling in the general Whumbal West area over the past three weeks on a number of other tungsten targets highlighted from the BHP Billiton database. Republic is currently attempting to attain a drill rig for both its gold and tungsten projects.