QUEBEC CITY, QUEBEC--(Marketwired - Sept. 24, 2013) - Robex Resources inc. ("Robex" or the "Company") (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to release the encouraging results of the drillings conducted to the south of the Nampala pit during the last quarter of 2012. The analyzes showed results such as 1.24 g / t Au over 23 meters, 0.85 g / t Au over 35 meters and 2.6 g / t Au over 20 meters. The campaign aimed to increase the quality of the resource using a mesh of 50 x 50 m and included 39 RC holes totaling 3266 meters (Mn2012rc104 to Mn2012rc142).
Nampala South - main intersections(i)
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Survey Number Interval
(True width to be Average AuGrade Length
confirmed) (g / t) (m)
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From To
(m) (m)
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Mn2012ac108 22 31 2.16 9
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Mn2012ac108 34 57 1.24 23
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Mn2012ac108 34 47 0.78 13
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Mn2012ac110 32 67 0.85 35
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Mn2012ac111 68 80 0.9 12
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Mn2012ac112 3 15 0.94 12
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Mn2012ac112 71 76 0.79 5
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Mn2012ac113 16 29 0.84 13
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Mn2012ac114 34 35 2.54 1
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Mn2012ac114 50 53 1.4 3
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Mn2012ac114 62 63 1.56 1
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Mn2012ac115 0 7 0.7 7
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Mn2012ac116 46 48 2.56 2
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Mn2012ac116 63 71 1.28 8
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Mn2012ac116 82 90 1.25 8
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Mn2012ac118 75 77 1.57 2
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Mn2012ac123 88 90 2.54 2
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Mn2012ac124 0 15 0.87 15
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Mn2012ac124 31 42 1.07 11
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Mn2012ac124 51 54 1.78 3
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Mn2012ac125 51 57 0.87 6
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Mn2012ac126 15 20 1.49 5
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Mn2012ac129 7 27 2.6 20
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Mn2012ac130 2 25 0.71 23
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Mn2012ac131 37 62 0.67 23
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Mn2012ac132 9 32 0.72 23
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Mn2012ac135 38 43 0.94 5
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Mn2012ac136 8 11 0.7 3
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Mn2012ac136 53 55 0.89 2
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Mn2012ac138 7 27 0.61 20
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Mn2012ac138 42 50 0.42 8
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Mn2012ac139 16 17 1.8 1
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Mn2012ac140 72 74 1.42 2
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Mn2012ac141 44 45 2.19 1
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Mn2012ac142 52 41 0.61 16
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Consult this link for complete results(i).
(i)The geological information of this release as well as the assay results have been verified by Jacques Marchand, P.Eng. P.Geo, and an independent Qualified Person. The samples were analyzed at ALS Laboratory Mali SARL, Koulouba Sogonafing BP E2670, Bamako Mali. Samples are analysed by Fire Assay on a 50g pulp with a finish in ppm for gold.
For this sector, the last resource calculation of the oxidized cover estimated an Indicated resource of 77,000 ounces at a grade of 0.76 g / t Au and an Inferred resource of 95,000 ounces of gold at a grading 0.76 g / t Au. An updated resource calculation for the South zone of Nampala will be completed in the coming weeks.
"We look forward to incorporate this resource in our studies and Nampala exploitation plans for the longer term," says Augustin Rousselet, Chief Operating Officer (COO).
Update on the Moussala and Willi Willi exploration programs
Moussala
In the second quarter of 2013, 28 RC holes totaling 1,495 meters were drilled around the trenches of 2011 in the southern part of the permit, at a mesh of 50 x 100m. The analyzes have been received and verification by the technical team is currently underway. The results will be published in the coming weeks.
Willi-Willi
A campaign of 8 Diamond core holes totaling 4,050 meters was completed according to a staggered mesh of 50m in the Fandou sector. The analyzes have been received and verification by the technical team is currently underway. The results will be published in the coming weeks.
The geological information of this release as well as the assay results have been verified by Jacques Marchand, P.Eng. P.Geo, and an independent Qualified Person.
The samples were analyzed at ALS Laboratory Mali SARL, Koulouba Sogonafing BP E2670, Bamako Mali. Samples are analysed by Fire Assay on a 50g pulp with a finish in ppm for gold.
The TSX Venture Exchange or its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts no liability for 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 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, 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.