ROBEX/Exploration Permit Moussala: RC Drilling Up to 18.56 gpt of Gold Over 14 Meters and 2.81 gpt of Gold Over 31 Meters
01 Octubre 2013 - 8:42AM
Marketwired Canada
Robex Resources inc. ("Robex" or the "Company") (TSX VENTURE:RBX)(FRANKFURT:RB4)
is pleased to release the encouraging results of the drilling campaign carried
out on the Moussala permit, which showed results better than expected. The
campaign was conducted from June 1st to July 10th 2013 and totaled 29 holes for
a length of 1498 meters. The objective of the campaign was to verify the lateral
continuity and entrenchment of the anomaly defined by the trenches. The company
plans to prepare a resource estimate for the project in the coming months.
Some survey results on Moussala (i)
----------------------------------------------------------
Survey Number
Interval Average grade
(True width to be Length of gold (g/t)
confirmed) (m)
--------------------
From To
(m) (m)
----------------------------------------------------------
Ms2013ac02bis 0 31 31 2.81
-------------------------------------------
Including 6 12 6 11.31
----------------------------------------------------------
Ms2013ac03 0 7 7 1.05
----------------------------------------------------------
Ms2013ac03 18 21 3 6.07
----------------------------------------------------------
Ms2013ac06 0 13 13 0,80
----------------------------------------------------------
Ms2013ac07 0 10 10 1.18
----------------------------------------------------------
Ms2013ac10 1 10 9 1.3
-------------------------------------------
Including 1 3 2 3.61
----------------------------------------------------------
Ms2013ac13 3 31 28 1.26
-------------------------------------------
Including 3 7 4 2.04
-------------------------------------------
Including 14 16 2 5.22
----------------------------------------------------------
Ms2013ac14 1 15 14 0.81
----------------------------------------------------------
Ms2013ac14 54 56 2 1.16
----------------------------------------------------------
Ms2013ac16 27 41 14 18.56
-------------------------------------------
Including 33 36 3 58.07
----------------------------------------------------------
Ms2013ac17 1 18 17 0.95
-------------------------------------------
Including 10 18 8 1.4
----------------------------------------------------------
Ms2013ac23 12 13 1 5.14
----------------------------------------------------------
Ms2013ac25 14 15 1 1.03
----------------------------------------------------------
Ms2013ac25 65 69 4 0.71
----------------------------------------------------------
Click here for complete results (i).
(i) 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 are analyzed by press merger taking 50g pulp and finish in ppm for
gold.
Trench work at Moussala
Previous surveys have been planned following the encouraging results from the
trench works completed in February 2013.
The MS2013tr003 trench revealed average gold grades of 3.92 g/t over 60 meters.
The three trenches with a total length of 215 m end in mineralization.
---------------------------------------------------------------------------
Trench number
Interval Length (m) Average grade (g/t)
--------------------
From To
(m) (m)
---------------------------------------------------------------------------
Ms2013tr001 0 50 50 1.8
------------------------------------------------------------
Including 35 36 1 31.0
---------------------------------------------------------------------------
Ms2013tr002 0 105 105 0.71
---------------------------------------------------------------------------
Ms2013tr003 0 60 60 3.92
---------------------------------------------------------------------------
Click here for complete results (i).
"Our intention is to maintain an aggressive exploration program in 2014 on
Moussala and other Robex permits to define our next mining project as soon as
possible and achieve our vision of intermediate producer," said George Cohen,
CEO of Robex.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Augustin Rousselet
Chief Financial Officer Acting
info@robexgold.com
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