On Romang Island, Indonesia, Robust is exploring highly prospective ground previously explored by Billiton in the late 1990s. The Company has drilled 150 holes for 18,922m to date and is currently undertaking a +27,000m drilling program which will lead to the Company announcing its maiden JORC code compliant resource in second quarter of FY2012. Of these holes, over 90% have intersected gold-silver and/or base metal mineralisation, which is an exceptionally high strike rate for exploration drilling.

Through its ongoing exploration program, Robust has identified that whilst originally a precious metals target, with the Company focusing on the near-surface gold and silver,

that a significant poly metallic base metal discovery also exists at the Lakuwahi Project in the south of Romang, with thick intersections of economic base metals underlying the gold and silver deposit.

Robust has identified that the base metals potential is an emerging opportunity for the Company and one that is being actively pursued. From initial investigation, it appears that the mining should be relatively easy and low-cost due to the base metals sitting directly beneath the gold and silver.

In the north of Romang at the North Romang Project, initial exploration has demonstrated this target to be a porphyry system with the focus on gold and copper. Following on from a very successful 3D IP-Resistivity survey, which produced numerous chargeability anomalies, drilling at the Wyaru Prospect within the North Romang has now commenced.

Looking to the future, following on from the Company’s maiden JORC code compliant resource estimate, targeted for release during the second quarter FY2012,, Robust believes that development into production will lead to two processing streams from one open cut mine – precious and base metals. At Lakuwahi, it is the Company’s intention to build a low cost open pit mining operation which due to the near surface location of the mineralisation will have a low-zero stripping ratio. Utilising gold-silver standard CIP/CIL technology, it is expected that Robust will be able to achieve average recoveries of 94-95% of the precious metals.

Led by an experienced and motivated Board and Management, Robust is solely focussed on its 77.5% owned Indonesian assets, in what is a very stable political and economic environment. With $52 million in the bank and no debt, Robust is in a strong position to progress Romang Island into a world class deposit.