Robex Resources Inc./Nampala Resource Update: First Calculation of Inferred Resource of the East Zone of Nampala
12 Marzo 2014 - 8:13AM
Marketwired Canada
Robex Resources Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) is proud to present the
first results of the drilling campaigns on the East Zone of Nampala (located 300
meters east of the main pit).
The average depth of the surveys in the oxide layer of the East Zone is of 73
meters. The underlying zone of sulfide, in turn, has not been drilled.
The following table presents the first calculation of the East Zone:
Nampala East Zone
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OXIDE
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Cut-off Tons
(g/T Au) (Mt) g/T Oz
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Inferred Resource 0,5 9,7 0,72 251 000
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Survey features
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Number of survey 65
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Average length 95 m
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Spatial cover 600 x 1800 m
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Average depth 73 m
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Average influence radius 125 m (mesh max. 200 x 200)
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Number of analyses 5068 (78 by survey)
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Minimal content less than 0,05 g/T Au /1m
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Maximal content 6,5 g/T Au /1m
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The geological information in this press release has been verified by Jacques
Marchand, P.Eng. geol. independent qualified person.
"We are enthusiastic about this first result, the potential of the East zone
adjacent to the Nampala pit and its existing infrastructure to extend the useful
life of the mine" said Georges Cohen, CEO of Robex.
Robex will continue its exploration program on the eastern part during 2014-2015
and eventually incorporate its additional resources in its mining plan in the
longer term.
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, 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.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Augustin Rousselet
Chief Financial Officer
info@robexgold.com
+1.581.741-7421
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