Robust Resources Limited : Further Drilling Confirms Significant New Silver Discovery on Romang Island

ASX: ROL 23 July 2013

• Batu Putih trend hole LWD 335 intersected 129m at 61 g/t Ag from 7m, including:

o 58.9m at 122 g/t Ag from 8m

o 22.2m at 194 g/t Ag from 9m

• Second rig mobilised to Batu Putih - 7 rigs drilling on Romang

• Testwork underway to assess the potential for a bulk mining/flotation approach for precious metals recovery

• Application for mining license submitted

• 129m at 61 g/t Ag from 7m, including sub intervals as follows:

o 58.9m at 122 g/t Ag from 8m

o 22.2m at 194 g/t Ag from 9m

o 13.0m @ 130 g/t Ag from 49.4m

LWD 335 also intersected a gold-rich zone at 106m depth including 6m at 1.69 g/t Au (see table 1). The hole was drilled 80 metres along strike, to the southeast of LWD 327 (see figure 1), which also intersected broad silver mineralisation (142m at 40 g/t Ag including 11m at 109 g/t Ag and 8m at 166 g/t Ag) as announced on 16 July 2013.
Robust continues to explore aggressively on Romang Island with seven diamond drill rigs operating across a number of highly prospective targets. Due to the significant results from Batu Putih, an eighth diamond rig is being recommissioned in order to fast-track exploration at the Batu Putih silver target.
Massive and deeper silver mineralisation at Batu Putih has encouraged the Board to commence a new conceptual study, introducing flotation at an earlier stage, and mining and processing the Lakuwahi deposits at a higher throughput than previously anticipated. At the same time, the company is also assessing a lower-capex start-up mining operation targeting high-grade manganese ore, which may generate an early stage cash flow.
Robust's Managing Director Mr Gary Lewis commented: "It is evident from the 35,000 metres of diamond drilling undertaken to date, and these recent assay results, that the Lakuwahi prospect hosts a sizeable silver-gold- polymetallic system. With seven rigs drilling and an eighth to commence shortly, it is clear that the mineralised system and resource base on Romang is expected to keep growing.
"Commencing with a larger scale mining and processing operation from the outset, with potential to recover more of the precious and base metals, provides the Company with a real opportunity to maximise value from the Romang Island Project.
"With the support of our project partner the Salim Group, we are confident in our ability to fund a larger project. As well as this new study, we remain committed to assessing the development of a low-capex, high-grade manganese mining operation, which we hope, will generate early cash and improve the overall project returns.
"We are very encouraged with the way Romang Island is shaping up, to the point where we have submitted an application for a mining license, and this marks an important step in the next phase of our growth."

Figure 1: Batu Putih geology, drill hole location and results. Note broad zone (>250m) of prospective geology along the trend (> 500m)

About Robust

Robust Resources is a precious and base metals explorer and developer with projects in Indonesia and the Philippines, and has recently approved the purchase of the Andash gold-copper project in the Kyrgyz Republic. The flagship asset is a 60% managing interest in the Romang Island projects, which incorporates an interim Indicated and Inferred JORC mineral resource estimate of

592 thousand ounces of gold, 27.7 million ounces of silver, 95 million pounds of copper, 697 million pounds of lead and 678 million pounds of zinc (resource table; see website: www.robustresources.com.au). Since the completion of the JORC resource estimate in January 2012, Robust has completed additional drilling totaling over 12,000 metres and over 150 holes with consistent positive results. Drilling has also identified the presence of near-surface high-grade manganese deposits. Robust's dual focus is to become a significant low cost precious and base metal producer on Romang Island and Andash as well as continuing its positive record of new discoveries from its portfolio of exploration properties. Robust trades on the Australian Securities Exchange (ASX) under the symbol ROL and on the Frankfurt Exchange under the symbol RO7.

Robust Resources is now on Twitter. Please click on the link provided to follow: https://twitter.com/RobustResources

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Competent Persons Statements

The information in this announcement that relates to Exploration Results is based on data compiled by John Levings BSc, who is a Fellow of The Australasian Institute of Mining and Metallurgy and who has more than ten years experience in the field of activity being reported on. Mr Levings is a director of the Company. Mr Levings has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Levings consents to the inclusion in the announcement of the matters based on his information in the form and context in which it appears.

1. Metal accumulation is defined as grade multiplied by the thickness of the intersection. 2. Gold Equivalent = gold assay + (silver assay / 47)

where the number 47 represents the ratio where 47 g/t Ag = 1g/t Au. This ratio was calculated from the average of the 12 months of Financial Year

2011 from July 2010 to June 2011 taken from published World Bank Commodity Price Data (http://econ.worldbank.org). The metal prices thus used in the calculation are the average Gold price of USD $1371.36 per ounce and average Silver price of USD $28.96 per ounce.

Table 1 - List of Batu Putih drill intersections

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