Robex Resources inc./East Nampala: A Potential New Gold Zone
Exploration results reach up to 1.11 g/t over 24 meters, 0.88 g/t over 21 meters, 2.6 g/t over 7 meters and 1.33 g/t over 10 meters
QUEBEC CITY, QUEBEC--(Marketwired - Jan 21, 2014) - Robex Resources Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce the results of its campaign at the end of 2012 on the East Nampala zone. This area is located approximately 300 meters east of the Nampala pit, which is currently under development to put it into production. Planning map surveys of the East Zone and the results of the years 2004, 2005 and 2012 are shown, confirming the potential of this area.
The drilling was carried out on a grid of 200 by 100 meters and represents 43 RC holes totaling 3650 meters in the oxide zone.
Interval (actual lengths are to be confirmed) | |||||
Survey | From (m) | To (m) | Gold Content | Length in meters | |
Mn2012ac011 | 6 | 8 | 0.88 | 2 | |
Mn2012ac011 | 14 | 17 | 0.54 | 3 | |
Mn2012ac011 | 32 | 33 | 2.03 | 1 | |
Mn2012ac013 | 29 | 31 | 1.88 | 2 | |
Mn2012ac014 | 28 | 31 | 0.65 | 3 | |
Mn2012ac018 | 28 | 30 | 1.09 | 2 | |
Mn2012ac019 | 38 | 42 | 0.71 | 4 | |
Mn2012ac019 | 55 | 57 | 1.03 | 2 | |
Mn2012ac022 | 1 | 10 | 0.67 | 9 | |
Mn2012ac022 | 35 | 61 | 0.52 | 26 | |
Mn2012ac023 | 22 | 29 | 2.64 | 7 | |
Mn2012ac026 | 17 | 27 | 0.95 | 10 | |
Mn2012ac027 | 36 | 45 | 0.79 | 9 | |
Mn2012ac028 | 85 | 88 | 0.75 | 3 | |
Mn2012ac055 | 20 | 23 | 0.79 | 3 | |
Mn2012ac055 | 36 | 37 | 4.20 | 1 | |
Mn2012ac055 | 45 | 51 | 0.76 | 6 | |
Mn2012ac056 | 37 | 58 | 0.88 | 21 | |
Mn2012ac057 | 30 | 54 | 1.11 | 24 | |
Mn2012ac058 | 57 | 67 | 1.33 | 10 | |
Mn2012ac058 | 79 | 86 | 2.09 | 7 | |
Mn2012ac059 | 16 | 17 | 1.36 | 1 | |
Mn2012ac059 | 27 | 28 | 2.20 | 1 | |
Mn2012ac059 | 36 | 39 | 0.87 | 3 | |
Mn2012ac061 | 5 | 6 | 2.31 | 1 | |
Mn2012ac061 | 45 | 47 | 1.39 | 2 | |
Mn2012ac061 | 60 | 64 | 1.58 | 4 | |
Mn2012ac061 | 73 | 81 | 0.71 | 8 | |
Mn2012ac063 | 35 | 36 | 1.21 | 1 | |
Mn2012ac063 | 47 | 49 | 0.79 | 2 | |
Mn2012ac101 | 9 | 18 | 1.05 | 9 |
Click here to see the map of the boreholes
A resource calculation is currently in progress and a new drilling campaign is planned in the interest to tighten the mesh and to increase the quality of the resource area.
The geological information in this press release has been verified by Jacques Marchand, P.Eng. geol. independent qualified person. The samples were analyzed at ALS Laboratory Mali SARL, Koulouba Sogonafing BP E2670, Bamako Mali. The samples were analyzed by lead fusion taking 50 g pulp and finishing in ppm of 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.
Contact
Augustin Rousselet
Chief Financial Officer
info@robexgold.com
+1.581.741-7421