www.republicgold.com.au
Republic Gold Limited’s vision is to become a leading gold explorer and producer, focusing on gold deposits in Bolivia's and Australia’s slate belt gold provinces. The Directors of Republic Gold offer what they believe is an attractive portfolio of tenements in southern Bolivia, the Hodgkinson Basin in Far North Queensland and in the Lachlan Fold Belt in Central New South Wales.
Republic Gold managing director John Kelly to resign
John Kelly, the managing director of Republic Gold (ASX: RAU), will resign due to ill health, which is expected to occur within 48 hours as soon as the parties have reconciled Kelly’s entitlements.
Kelly was a founding director of Republic Gold and was responsible for leading the business from 2002.
Republic does not yet have a replacement for Kelly.
In the interim the company’s chairman Peter Wicks will become executive chairman.
In other Republic news, the company continues to progress plans at Amayapampa Gold Project for construction and first production targeted for mid 2012.
The measured and indicated resource is; 26.8 million tonnes grading 1.1 g/t gold (at 0.4 g/t cutoff) for 979,000 gold ounces.
The Project is located 380 km southeast of La Paz, on the Altiplano of south western Bolivia, at an elevation of 4,100 metres.


















