Robex Resources inc./Willi-Willi: Intersection of 3.48 g / t Au Over 17 Meters in Core Sample of the Fendou Zone
22 Octubre 2013 - 7:30AM
Marketwired Canada
Robex Resources inc. ("Robex" or the "Company") (TSX VENTURE:RBX)(FRANKFURT:RB4)
is pleased to release encouraging results from the diamond drilling campaign
carried out on the Willi-Willi permit in May and June 2013. The overall
objective of the campaign is to verify the continuity of the gold bearing zones
on surface known at the project.
A total of 9 holes totaling 1,396 meters have investigated 400 linear meters of
the northern section of the Fendou gold bearing zone. This zone is sub vertical
and its general orientation is N-S. The surveys are distributed according to a
staggered grid of 50 by 50 meters and reach 150 meters in depth.
Gold mineralization occurs in a shear zone and tectonic breccia invaded by
quartz affecting a graphitic shale on the western edge of a granite intrusive. A
succession of vein structure with mineralized chimneys is interpreted.
The mineralization is present in all the surveys and the area is open to the
north, south and at depth.
The best intersections are as follows (i):
----------------------------------------------------------------------------
Interval
(true width to be confirmed)
from to
Average grade of
Survey number (m) (m) Length (m) gold (g/t)
----------------------------------------------------------------------------
Ww2013dd01 99 101 2 7.91
----------------------------------------------------------------------------
Ww2013dd01 124.6 125.6 1 1.35
----------------------------------------------------------------------------
Ww2013dd03 130 131 1 2.26
----------------------------------------------------------------------------
Ww2013dd03 143 144 1 1.37
----------------------------------------------------------------------------
Ww2013dd03 148 158 10 0.73
----------------------------------------------------------------------------
Ww2013dd03 167 177 10 1.3
----------------------------------------------------------------------------
Ww2013dd04 91 101 10 0.65
----------------------------------------------------------------------------
Ww2013dd05 3 4 1 2.18
----------------------------------------------------------------------------
Ww2013dd07 27 28 1 1.01
----------------------------------------------------------------------------
Ww2013dd03b 49 50 1 1.29
----------------------------------------------------------------------------
Ww2013dd08 48 49 1 12.15
----------------------------------------------------------------------------
Ww2013dd08 97 114 17 3.48
----------------------------------------------------------------------------
(i) Click here for complete results.
In short in 2013 and 2014, Robex plans to continue the investigation with
diamond drilling of the Fendou area, to the south as well as the other five
known gold structures of Willi-Willi project.
"Willi-Willi is considered a permit of interest for Robex with the Fendou zone,
a gold anomaly that extends over 2.8 km long by 600 meters wide, of which
surface results have already been published. The confirmation of continuity at
depth opens a potential that we intend to investigate in our exploration
programs "added George Cohen, CEO of Robex.
Note : In the press release dated September 24 2013, meters drilled on
Willi-Willi were reported at 4050 meters rather than 1396 meters. We apologize
for this error.
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
418-554-9000
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