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- Robex Resources inc. (TSX VENTURE:RBX
- News; FRANKFURT:RB4 - News) announces an additional
series of impressive drilling results stemming from its ongoing drilling
campaign of the Nampala deposit. The latest results
depict a grading among others of 1,47 g/t over 57 meters including 3,28 g/t
over 14 meters. This drilling campaign serves to define the north-east
extension of the Nampala deposit on the Mininko permit, whereby these results will be included in
the revised resource calculation.
Robex's
President and CEO, Mr. Andre Gagne, comments: "the accumulation of
results received to date is very encouraging. The sum of drilling results received
indicates a potential for a greater resource than initially projected".
The following table summarises the latest
drilling results obtained(i):
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Bore
number
Range Length
Average grade
(m)
(g/t)
------------
From To
(m) (m)
----------------------------------------------------------------
Mn2010ac025
30 32
2
1.78
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Mn2011ac001
12 13
1
1.01
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15 17
2
1.23
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Mn2011ac004
18 19
1
1.02
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21 22
1
1.27
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Mn2011ac005
53 81
28
1.06
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including
57 70
13
1.72
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14 15
1
1.11
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34 36
2
1.60
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39 44
5
0.82
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Mn2011ac006
15 72
57
1.47
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including
34 48
14
3.28
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including
57 68
11
1.85
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Mn2011ac007
12 71
59
0.90
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including
12 44
32
1.25
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including
63 71 8
1.04
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Mn2011ac008
41 46
5
0.97
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59 61
2
1.05
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64 65
1
1.11
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Furthermore, results previously obtained during a reverse circulation
(RC) drilling campaign at N'Golola within the Mininko permit, located at 6 km South south-west of Nampala, indicates the possibility of another high
potential zone within the Mininko permit.
Results collected during the drilling campaign of N'Golola
from October 2005 to January 2006 (see press release dated 19 January 2006).
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Bore number
Range
Length
Average grade
(m)
(g/t)
------------
From To
(m) (m)
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NRC
586
26 39
13
3.72
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81 84
3
1.13
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NRC
608
59 64
5
1.14
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NRC
612
35 37
2
2.57
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NRC
613
97 106
9 3.95
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including
97 100
3
4.18
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including
103 106
3
7.61
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Recalling that Bumigeme Inc., a Canadian
company with a vast experience in the development of dressing procedures and
mineral plants operation, has been awarded the contract for performing the Nampala project feasibility study whose purpose is to
define the application modalities of an open-pit mining operation using a
5,000 tons a day cyanide processing plant. The required topographic surveying
of the Nampala project, as well as the
environmental and social impact studies have been completed. The draft
reports are undergoing review for validation purposes.
(i)Samples were analysed
by the ALS Mali sarl laboratory group following the
FA / AA (fire assay / atomic absorption) method.
www.robexgold.com
The technical content of this release as well as the results which are
set out have been checked by Jacques Marchand, P.Eng. P.Geo, geological
engineer and an independent qualified individual.
Neither TSX Venture Exchange nor the regulatory service provider (as the term is defined in TSX Venture Exchange's
policies) accept any liability of any kind as to the authenticity or
accuracy of this release.
This press release contains statements that may constitute
"forward-looking information" or "forward-looking
statements" as set out within the context of security law. This
forward-looking information is subject to many risks and uncertainties, some
of which are beyond Robex Inc.'s ("Robex") control. The actual results or conclusions
may differ considerably from those which have been set out, or intimated, in
this forward-looking information. There are many factors which may cause such
disparity, especially the instability of metal market prices, the results of
fluctuations in foreign currency exchange rates or in interest rates, poorly
estimated reserves, environmental risks (stricter regulations), unforeseen
geological situations, unfavorable extraction conditions, political risks
brought on by mining in developing countries, regulatory and governmental
policy changes (laws and policies), failure to obtain the requisite permits
and approvals from government bodies, or any other risk relating to mining
and development. There is no guarantee that the circumstances anticipated in
this forward-looking information will occur, or if they do occur, how they
will benefit Robex. The forward-looking information
is based on the estimates and opinions of Robex's
management at the time of the publication of the information and Robex does not assume any obligation to make public
updates or modifications to any of the forward-looking statements, whether as
a result of new information, future events, or any other cause, except if it
is required by securities laws.
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