Brisbane, May 7, 2009 (ABN Newswire) - AUDIO: Republic Gold Limited (ASX:RAU) provides the opportunity to listen to an audio broadcast with Mr John Kelly, MD in a presentation titled "RAU - Placement and Underwritten Rights Issue - Mr John Kelly, Managing Director".
Republic's Managing Director; John Kelly, said:
"The Company now has the funding certainty to complete its two feasibility studies and move to production. Both feasibility studies are progressing very well. In Bolivia, the Company's Technical Director Mr Neb Zurkic is currently on site reviewing the recent diamond drill core information, prior to the Company upgrading its mineral resource at Amayapampa. We'll then do some more metallurgy testwork to improve on the recoveries and finalise the study. At FNQ, we recently announced a resource upgrade, the completion of a number of the feasibility sub-studies and are working through the balance of the feasibility sub-studies. The successful application of the funds raised should enable the Company to be rerated as an emerging producer."
John Kelly Managing Director Republic Gold Limited Tel: +61-418-577-759