Robex Resources Inc.

Published : July 28th, 2011

Robex Resources Inc=2E/Nampala: The Mineralisation Potential Continues to Depths Beyond 300

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Keywords :   Diamond | Gold | Mali | Market |


Robex Resources Inc.
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July 28, 2011
Robex Resources Inc./Nampala: The Mineralisation Potential Continues to Depths Beyond 300 Meters
QUEBEC CITY, QUEBEC--(Marketwire - July 28, 2011) - Resources Robex Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce a new series of results of its Diamond drilling campaign which confirms the mineralisation potential at depths beyond 300 meters while remaining open towards the South. The latest results have revealed grades such as 1.01 g/t over 41 meters including 1.54 g/t over 12 meters (Mn2011dd016), 1.06 g/t over 23 meters (Mn2011dd009) and 1.32 g/t over 17.5 meters (Mn2011dd015). These are partial results from bore holes 9, 10, 15 and 16.

"I am very pleased with these latest results, particularly the fact that the mineralisation remains open along strike towards the South which could potentially increase considerably the resource within the oxide zone of the site" declared Andre Gagne, President and CEO of Robex.

The purpose of this latest Diamond drilling campaign was to increase the deposit's inferred resource, as estimated in the Coffey Mining's report #43-101, as well as meeting the expectations of the financial institutions with which Robex is in negotiations concerning the financing of its potential mining infrastructures.

The results obtained during this drilling campaign of 5,000 meters, which is now completed, will be added to those obtained during previous campaigns and will be included in the new resource calculation. It should be noted that a total of 57,561 meters have been drilled at Nampala so far.

The following table summarises the latest Diamond drillings results obtained:

Bore number                   Range               Length (m)   grade (g/t)
                            From            To                            
                             (m)           (m)                            
Mn2011dd009                  278           301            23          1.06
  including                  278           289            11          1.55
Mn2011dd009                  331           338             7          1.84
Mn2011dd010                  202           206             4          1.92
Mn2011dd015                 28.5            46          17.5          1.32
  including                 28.5            42          13.5          1.74
Mn2011dd015                  112           127             8          0.86
Mn2011dd016                  164           205            41          1.01
  Including                  164           173             9          1.11
  Including                  179           185             6          1.62
  including                  193           205            12          1.54
Mn2011dd016                  217           221             4          1.69
Mn2011dd016                  235           239             4          2.90
Mn2011dd016                  314           317             3          1.99
Mn2011dd017                   43            48             5          1.53
Mn2011dd017                   54            55             2          3.51
Mn2011dd017                  110           112             2          3.95
Mn2011dd017                  181           183             2          2.32
Mn2011dd017                  210           212             2          1.68
Mn2011dd017                  340           341             1          3.16
Mn2011dd018                   20            27             7          2.48
Mn2011dd018                  140           141             1          2.52
Mn2011dd018                  223           224             1          1.87
Mn2011dd018                  278           283             5          0.93
Mn2011dd019                   17            21             4          0.75
The following table summarises the drilling results of the first eight Diamond drillings (refer to press release dated 29 June 2011):

Bore number                   Range               Length (m)   grade (g/t)
                            From            To                            
                             (m)           (m)                            
Mn2011dd001                   90           120            30          0.74
Mn2011dd002                   70            89            19          1.12
Mn2011dd003                   11           108            97          1.20
Mn2011dd004                   31            39             8          1.12
Mn2011dd004                   57            82            25          1.40
Mn2011dd004                  101           108             7          2.41
Mn2011dd004                  121           134            13          2.25
Mn2011dd004                  143           144             1         14.90
Mn2011dd004                  289           291             2          1.89
Mn2011dd005                   36            44             8          0.98
Mn2011dd005                   49            57             8          0.96
Mn2011dd005                   61           103            42          1.00
Mn2011dd006                   13            52            39          1.16
Mn2011dd006                   68            84            16          0.81
Mn2011dd006                   96           106            10          0.92
Mn2011dd006                  145           166            21          0.51
Mn2011dd006                  183           193            10          1.49
Mn2011dd006                  198           204             6          1.10
Mn2011dd007                   39            93            54          0.91
Mn2011dd007                  120           122             2          1.97
Mn2011dd007                  147           152             5          0.97
Mn2011dd007                  163           176            13          1.09
Mn2011dd007                  198           208            10          1.06
Mn2011dd007                  214           225            11          0.97
Mn2011dd007                  287           291             4          1.84
Mn2011dd008                   17            60            43          1.05
Mn2011dd008                  140           174            34          0.95
Robex is the owner of:

--  The N'Golopene license, located in the extension of the gold anomaly of
    the Syama mine (a producing mine of Resolute Mining Ltd. with a resource
    of more than 6 M oz gold and a production of 85,362 oz in 2011); 

--  The Nampala license, where a feasibility study is in progress with the
    objective of defining a potential exploitation for an open pit and
    milling facilities with cyanidation for 5,000 tpd; 

--  The Wili-Wili and Wili-Wili West license which is characterized by a
    strong geochem gold anomaly over 2.8 km by 0.6 km, and adjacent to
    Iamgold's and Merex' Siribaya project; 

--  The Sanoula license which is surrounded by Golden Rim with whom
    preliminary discussions have been held for a potential JV, and 

--  The Kolomba license which delivered interesting results in a previous
    campaign and which is presently occupied by small miners.
Robex also owns two RC drills which provides the company with significant flexibility and reduced costs in the realisation of drilling campaigns. Robex has also the benefit of its own experienced team of drill operators and geologist on the ground in Mali.

For more details on other license held by Robex, visit our web site at:

The technical content of this release as well as the results which are set out have been checked by Jacques Marchand, Eng. Geo, geological engineer and an independent qualified individual.

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.

Neither TSX Venture Exchange nor the regulatory service provider (as the term is defined in TSX Venture Exchange's policies) accepts any liability of any kind as to the authenticity or accuracy of this release.


Investor relations:
Andre Gagne
President and CEO
Skype: andregagne11

INDUSTRY: Manufacturing and Production - Mining and Metals


If you no longer want to receive announcements from us, please do not reply to this e-mail. Instead simply click .
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Robex Resources Inc.

ISIN : CA76125Y1051
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Robex Res. is a gold exploration company based in Canada.

Robex Res. holds various exploration projects in Mali.

Its main asset in development is NAMPALA in Mali and its main exploration properties are N'GOLOPENE, MININKO, KAMASSO, DIANGOUNTÉ, KOLOMBA, MOUSSALA, SANOULA and WILI-WILI in Mali.

Robex Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 150.7 millions as of today (US$ 120.5 millions, € 105.5 millions).

Its stock quote reached its highest recent level on October 18, 1996 at CA$ 3.10, and its lowest recent point on October 17, 2008 at CA$ 0.02.

Robex Res. has 579 509 566 shares outstanding.

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8/26/2011Robex Resources Inc.: Resignation of Mr. Jean-Luc Roy
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6/29/2011Ressources Robex Inc=2E/Nampala : Des r=E9sultats des forage...
6/29/2011(Nampala)/Nampala: Diamond Drilling Results Demonstrates the Minerali...
6/1/2011Robex Resources Inc=2E: Richard Faucher Named Chairman of th...
6/1/2011Ressources Robex inc=2E : M=2E Richard Faucher nomm=E9 pr=E9...
5/26/2011Robex Resources Inc=2E/Nampala: Initial Diamond Drilling Res...
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5/4/2011Robex annonce un placement priv=E9 sans courtier de 2 000 00...
5/4/2011Robex annonce un placement priv=E9 sans courtier de 2 000 00...
4/15/2011Robex Resources Inc.: Grant of Incentive Stock Options
4/15/2011Robex Resources Inc.: Grant of Incentive Stock Options
4/6/2011Robex Provides Wells With Potable Water for the Villages of ...
4/6/2011Robex fournit des puits d'eau potable pour les villages de N...
3/23/2011Robex entame une campagne de forages aux diamants sur Nampal...
3/23/2011Robex entame une campagne de forages aux diamants sur Nampal...
3/11/2011Robex Cashes $665,815 From the Exercise of Warrants
3/11/2011Robex encaisse 665 815$ suite =E0 l'exercice de bons de sous...
3/2/2011Robex : Met-Chem d=E9veloppera le plan minier du projet Namp...
2/21/2011Ressources Robex Inc=2E : Robex annonce l'ouverture d'un fin...
2/21/2011Ressources Robex Inc=2E : Robex annonce l'ouverture d'un fin...
2/16/2011Robex Appoints Investor Relations Firm
2/16/2011Robex Appoints Investor Relations Firm
2/16/2011Ressources Robex inc=2E/Mise =E0 jour des essais m=E9tallurg...
2/16/2011Ressources Robex inc=2E/Mise =E0 jour des essais m=E9tallurg...
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