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Robex Resources Inc. Plans to Restart Production at Their Nampala Mine During the 3rd Quarter of 2015 With a Capacity of 4,000 Tons/Day

05.03.2015  |  Marketwire

QUEBEC CITY, QUEBEC--(Marketwired - Mar 5, 2015) - Robex Resources Inc. ("Robex" and/or "the Company") (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce that they plan to restart the Nampala mine as of the 3rd quarter of 2015 with a capacity of 4,000 tons / day.

The ore processing consulting firm, Soutex Inc., will shortly be completing the process diagrams (P&ID) of the mine and of the gold room which will allow them to proceed to 4,000 t/d. This work will include a list of all the equipment needed for this achievement. The big equipment needed for this increase in tonnage that require a longer delivery delay and are in the process of being ordered.

The grinder, equipment that will treat the coarse ore in which the gold content is much higher than in the finer part of the ore, has already been ordered. This grinder was purchased new and has a capacity of 4,000 t/d.

In addition, the construction company Imagri Inc. is currently working on the location and construction engineering layouts. Four CIL leach tanks will be added and the agitators have already been ordered from the manufacturer. The addition of these tanks will increase the gold recovery during the treatment.

In addition, the Company and their partners are currently working on an early restart solution with a reduced tonnage, using existing facilities and equipment, as soon as the improvements in the gold room permits it.

Moreover, Robex continued, following the cessation of production in October, to treat the gold that was contained in the coal. To this day, the coal has been fully treated. This operation has allowed them to pour a 12 KG gold bar (twelve kg).

George Cohen said: "I am extremely enthusiastic and proud to see the work that is currently done in regards to the relaunch of the Nampala mine."

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's 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contact

Augustin Rousselet, CFO
Office: (581) 741-7421
a.rousselet@robexgold.com


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