QUEBEC CITY, QUEBEC--(Marketwired - May 28, 2014) - Robex Resources Inc. (TSX VENTURE:RBX)(RB4.F) ("the Company" or "Robex") announces that it has completed a gravity survey carried out by the company Haines Surveys Pty. Ltd., consisting of 967 stations covering all 33.9 km2 of the permit. The survey includes a regional grid, 800m by 200m with a tightening of the mesh at 200m by 50, in the southern sector of the permit (Kabaya). The results of this survey can differentiate potential gold targets, in conjunction with the geology, geochemistry and topography surveys. Three target areas are then defined on the permit: the northern sector (Walia), the central sector (DIESSE) and the southern sector (Kabaya). On Kabaya a new RC survey campaign, conducted during the first quarter of 2014 including 62 holes for a total of 3 758 m, defines further a mineralized volume in the oxidized surface zone, which currently covers 100m by 400m to an average depth of 50m. This zone remains open at depth in the sulphide zone.
At present only the Kabala area in the south has been drilled.
The following table shows the new significant results of the campaign survey of 2014:
Survey |
From (m) |
To (m) |
|
Interval (m) |
Au (g/t) |
Ms2014ac001 |
46.00 |
81.00 |
|
35.00 |
0.81 |
Ms2014ac001 |
52.00 |
69.00 |
|
17.00 |
1.18 |
Ms2014ac008 |
5.00 |
18.00 |
|
13.00 |
1.85 |
Ms2014ac009 |
2.00 |
37.00 |
|
35.00 |
0.98 |
Ms2014ac009 |
11.00 |
26.00 |
|
15.00 |
1.47 |
Ms2014ac007b |
21.00 |
25.00 |
|
4.00 |
0.53 |
Ms2014ac007b |
46.00 |
51.00 |
|
5.00 |
0.65 |
Ms2014ac011 |
11.00 |
22.00 |
|
11.00 |
2.14 |
Ms2014ac011b |
7.00 |
19.00 |
|
12.00 |
1.14 |
Ms2014ac014 |
0.00 |
17.00 |
|
17.00 |
0.97 |
Ms2014ac019 |
2.00 |
11.00 |
|
9.00 |
0.68 |
Ms2014ac022 |
10.00 |
12.00 |
|
2.00 |
1.58 |
Ms2014ac032 |
35.00 |
36.00 |
|
1.00 |
12.45 |
Ms2014ac035 |
9.00 |
23.00 |
|
14.00 |
1.27 |
Ms2014ac035 |
50.00 |
62.00 |
|
12.00 |
1.59 |
Ms2014ac037 |
5.00 |
12.00 |
|
7.00 |
0.57 |
Ms2014ac037 |
14.00 |
22.00 |
|
8.00 |
1.22 |
Ms2014ac037 |
32.00 |
50.00 |
|
18.00 |
1.01 |
Ms2014ac037 |
52.00 |
53.00 |
|
1.00 |
6.77 |
Ms2014ac037 |
67.00 |
68.00 |
|
1.00 |
1.36 |
Ms2014ac039 |
44.00 |
48.00 |
|
4.00 |
1.09 |
Ms2014ac058 |
0.00 |
36.00 |
|
36.00 |
1.33 |
Ms2014ac058 |
45.00 |
47.00 |
|
2.00 |
1.48 |
Ms2014ac058 |
61.00 |
65.00 |
|
4.00 |
1.04 |
The following table shows the previous significant results for this area:
Survey |
From (m) |
To (m) |
|
Interval (m) |
Au (g/t) |
Ms2012tr001 |
0.00 |
66.00 |
|
66.00 |
0.64 |
Ms2013ac02b |
0.00 |
31.00 |
|
31.00 |
2.81 |
Ms2013ac03 |
21.00 |
22.00 |
|
22.00 |
1.35 |
Ms2013ac06 |
0.00 |
13.00 |
|
13.00 |
0.80 |
Ms2013ac07 |
9.00 |
10.00 |
|
10.00 |
1.18 |
Ms2013ac10 |
1.00 |
14.00 |
|
13.00 |
0.97 |
Ms2013ac13 |
3.00 |
31.00 |
|
28.00 |
1.26 |
Ms2013ac14 |
1.00 |
15.00 |
|
14.00 |
0.81 |
Ms2013ac14 |
55.00 |
56.00 |
|
2.00 |
1.16 |
Ms2013ac16 |
27.00 |
41.00 |
|
14.00 |
18.56 |
Ms2013ac17 |
1.00 |
18.00 |
|
17.00 |
0.95 |
Ms2013ac23 |
12.00 |
13.00 |
|
1.00 |
5.14 |
Ms2013ac25 |
14.00 |
15.00 |
|
1.00 |
1.03 |
Ms2013ac25 |
65.00 |
69.00 |
|
4.00 |
0.71 |
Ms2013tr001 |
0.00 |
50.00 |
|
50.00 |
1.81 |
Ms2013tr002 |
0.00 |
105.00 |
|
105.00 |
0.71 |
Ms2013tr003 |
0.00 |
60.00 |
|
60.00 |
3.92 |
A figure is available at the following link: http://media3.marketwire.com/docs/948588_Figure.pdf.
The geological information of this publication was verified by Jacques Marchand, ing. geol. and independent qualified person.
Samples are analyzed in the Laboratory ALS Mali SARL, Koulouba Sogonafing BP E2670, Bamako Mali. Samples are analyzed by merger fusion on a grip of 50g pulp and ppm finish for the gold.
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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 that 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, unfavourable 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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