Robex confirms that there are currently 6,080 samples from drilling campaigns of 2012 left to analyze. Indeed,
the ALS laboratory in which Robex confides their analysis had to close for a few
months due to a work conflict that has just been settled. The activities have
started up again but the accumulated delays must now be caught up. Moreover,
Robex is currently setting up its own laboratory. It should be in operation
within the coming weeks.
Of the 6,080 samples, 3,833 are from the southern extension and 2,247 from the
eastern extension of the Nampala deposit. The 43 holes drilled in the East have
narrowed the mesh from 200mx100m to 100mx100m.
South Extension
In the south zone, the drillings have strengthened the mesh from 100mx100m to
50mx50m. The results of this campaign, which ended in October 2012, will allow
Robex to recalculate the southern extension in order to pass, if possible, from
"Inferred" resources to "Measured / Indicated."
As a reminder, in the southern extension, the results going up to 12.30 g / t,
revealed among others, assays of 1.32 g / t over 45 meters, including 10 meters
at 3.32 g / t (see press release dated July 23, 2012) and had permitted to add
261,000 ounces to the "Inferred" category during the last calculation of
resources (see press release dated September 11, 2012).
East Extension
Finally, regarding the East Zone, the results obtained in the 2005 campaign of
22 drill holes are already very encouraging (see press release dated March 5,
2012). Grades of 0.78 g / t over 64 meters including 5 meters at 2.24 g / t, 61
meters at 1.01 g / t, 61 meters at 0.74 g / t and 107 meters at 0.60g/t, make us
very confident in the results of 2012. It is worth mentioning that none of the
results of the eastern extension of the Nampala deposit have yet been taken into
account in the calculation of resources.
We are looking forward to receive the results of the samples that are still
pending and we are confident that these should increase the quantity and quality
of the resource," says Andre Gagne, President and CEO.
Inauguration of the Robex laboratory in Nampala
The Robex laboratory, located in Nampala, is in the final installation phase.
Andre Drouin, Chief Metallurgist and laboratory manager, is currently working on
finalizing the commissioning of all the equipments needed for sample analysis.
Also on-site is a technical representative of the Perkin Elmer firm for the
calibration of the atomic absorption spectrometer, the main equipment for
analysis of the contents. The first analyzes will be initiated next week. Of
course, Robex will double check its analysis by certified laboratories, in its
quality control program.
Delivery of the diamond drill and start of the drilling campaign at Wili-Wili
The drill acquired by Robex in February is currently on board the Great Morocco
Voy ship and will arrive at the Dakar port around March 26th 2013. The campaign
planned on our Wili-Wili property shall begin as scheduled in April and last
until the beginning of the rainy season in July. The Wili-Wili camp has been
upgraded, a drinking water well has been drilled and is functional, access and
marking in anticipation of drilling are also all completed.
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:
Investor relations
Andre Gagne, President and CEO
418-527-5023
a.gagne@robexgold.com
Skype: andregagne11
www.robexgold.com
