Robex Recovers the Kamasso Exploration Permit
QUEBEC, QUEBEC--(Marketwired - Sep 12, 2016) - Robex Resources Inc. ("Robex" and / or "the Company") (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce that they have recovered the Kamasso permit, in Mali, of which they had already had exploration rights from 2004 to 2013, and on which they had invested an amount of $ 1,076,052 in research and exploration work.
This Kamasso permit is immediately adjacent to the Nampala mine and has an area of 100 km². In comparison, the Mininko permit (Nampala) has an area of 62 km².
Robex is pleased with this new because the Kamasso permit offers very interesting prospects - it is located on the southern extension of the stratigraphic and structural sequence in which the Nampala deposit is located - It is located a few kilometers from Nampala - Exploration work previously carried out had helped to identify several geochemical anomalies in soils including the Sikoro, as well as those of Kadjila and Sirakoroni confirmed by wells and short-destructive surveys - The completion of a geological map using aerial and satellite images and airborne geophysical survey of the Sysmine project on the overall of the Kamasso permit had also showed the continuation of large structures of the Nampala anomaly (Mininko permit) defined by faulting and fracture networks .
Mr. Georges Cohen, president and CEO of the company said: "We are very pleased to have recovered the Kamasso research and mining permit, in Mali because it is strategically well positioned, near from the Nampala mine. We want to thank the Malian government who took into consideration our efforts in the reassignment of the permit."
Click here to see details about the Kamasso permit, or go visit the http://robexgold.com/en/exploration/.
The geological information in this press release has been verified by Jacques Marchand, P.Eng. Geol. independent qualified person under NI 43-101.
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
(581) 741-7421
info@robexgold.com