Robex Resources Inc./Nampala: Work is Progressing and has Not Been Affected by the Conflicts in Mali
![Robex Resources Inc./Nampala: Work is Progressing and has Not Been Affected by the Conflicts in Mali](https://www.minenportal.de/media/goldseiten-news.jpg)
QUEBEC CITY, QUEBEC -- (Marketwire - Jan. 24, 2013) - Robex Resources Inc. (TSX VENTURE:RBX) (FRANKFURT:RB4) confirms that its ongoing work in Nampala and its regular activities are functioning normally despite the proclamation of the state of emergency in Mali. Remember that the area of ΓÇïΓÇïoperation in Nampala, with an area of 5.36 km2, is part of the Mininko permit which has a total area of ΓÇïΓÇï62 km2. All of Robex's operations are in secure areas more than 500 km of the conflicts and are not affected by them. The construction of the mine is going well and meet the deadlines previously established (Here's a video of the President and Vice President of the mine describing the progress in Nampala). Another important point, the permit closing the security perimeter of the mine has just been granted to Robex in date of 23 January 2013. The perimeter fence will secure the whole site and finally put an end to all gold panning still present in the area of operation.
Acquisition of a new drill
Robex is pleased to announce the acquisition of a diamond drill purchased from a Quebec company and will be delivered to Mali shortly. This drill will permit Robex to perform core drilling of up to 600 meters or more, depending on the diameter drilled. This addition to Robex's exploration equipments will enable to face all types of soils, drill at interesting depths and produce relevant samples. A new drilling team will be trained in the coming weeks and will be able to begin a campaign upon receipt of the drill and material. Details of the campaign will be announced later, when available.
Wili-Wili
A rearrangement of the Robex camp on Wili-Wili as well as road access to the camp will be conducted shortly. Mapping of outcrops will be performed, as well as the positioning of future sampling points. A drinking water well will be built to supply the camp and core drilling campaigns are to follow. Previous RC drillings have shown levels of 4.20 g / t over 22 meters among others (see News Releases from May 17, 2007 and June 13, 2007). André Gagné, President and CEO, said: "With the Nampala mine in construction, Wili-Wili is our number one priority in terms of exploration. We will therefore make every effort to arrive at the feasibility stage as soon as possible."
Moussala and Kolomba
Kolomba and Moussala are two contiguous permits located southeast of the Tabakoto gold deposits (Endeavour Mining) and Loulo (Randgold). Concerning the Moussala permit, the extension of a trench which has formerly given encouraging results, with a grade of 0.68 g / t over 58 meters, including 1.16 g / t over 4 meters and 0.85 g / t over 18 meters (see Press Release of August 22, 2012) will be executed, and a mapping of outcrops and quartz veins. The land will also be prepared for future drillings. The Kolomba permit, with an area of ΓÇïΓÇï62 km2, was recently renewed for three years, renewable twice for two years.
www.robexgold.com
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.
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.
To view the video associated with this press release, please visit the following link:
http://www.youtube.com/watch?v=8AJpXOzKn6A&feature=youtu.be
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.
Contact
Investor relations
Andre Gagne, President and CEO
418-527-5023
a.gagne@robexgold.com
Skype: andregagne11