Gold Exploration in West Africa

[FL]

Robex (RBX.V) action yesterday, on gold-pits hit:

Robex - Important gold discovery at Wili-Wili

MONTREAL, June 29 /CNW/ - Robex Resources Inc (TSX-V: RBX), Robex is proud to announce the discovery of high-grade gold values in 11 pits from the Fandou zone on its Wili-Wili permits, located at the southern extremity of West Mali. The pits are located in the northern centre of an important gold anomaly measuring 2.8 km in length over an average width of 600 metres.

RESULTS FROM THE PITS

When Robex acquired the Wili-Wili and the Wili-Wili West properties in 2005, Robex had announced that a pit dug by the PDRM (Mineral Research Bureau of the Malian Government) in 1996, on the border of the two properties, had returned the following results:

PDRM Pit (average grade of the pit: 13.24 g/t Au)

<<
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Depth.
(m) 0-0,5 0,5-1,5 1,5-2,5 2,5-3,5 3,5-5,5
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Grade
(g/t Au) 2.28 2.01 13.05 4.05 3.34
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Depth.
(m) 5,5-7,5 7,5-8,5 8,5-9,5 9,5-10,5 10,5-12
-------------------------------------------------------------------------
Grade
(g/t Au) 3.01 2.89 11.02 7.32 70.6
-------------------------------------------------------------------------

The exploration program carried out by Robex surrounding this pit and on other pits, over a perimeter covering approximately 200 metres by 100 metres at a depth varying between 4 and 11 metres, returned the following results:

PIT no 1 (average grade of the pit: 0.974 g/t Au)

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Depth (m) 0-1 1-2 2-3 3-4 4-5 5-6
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Grade (g/t Au) 1.64 2.22 0.72 0.78 0.27 0.22
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Pit no 2 (average grade of the pit: 0.847 g/t Au)

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Depth
(m) 0-1 1-2 2-3 3-4 4-5 5-6
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Grade
(g/t Au) 1.57 1.30 1.04 0.70 0.74 0.87
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Depth
(m) 6-7 7-8 8-9 9-10 10-11
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Grade
(g/t Au) 0.72 0.33 0.47 0.38 1.22
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Pit no 3 (average grade of the pit: 3.286 g/t Au)

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Depth
(m) 0-1 1-2 2-3 3-4 4-5 5-6 6-7 7-8 8-9
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Grade
(g/t Au) 1.73 1.14 0.93 0.66 1.45 2.29 8.65 1.94 10.79
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Pit no 4 (average grade of the pit: 5.893 g/t Au)

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Depth
(m) 0-1 1-2 2-3 3-4 4-5 5-6 6-7 7-8 8-9
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Grade
(g/t Au) 4.00 3.34 4.48 2.86 17.60 11.60 1.86 2.27 5.045
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Pit no 5 (average grade of the pit: 0.141 g/t Au)

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Depth (m) 0-1 1-2 2-3 3-4 4-5 5-6
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Grade (g/t Au) 0.42 0.21 0.57 0.44 0.69 0.41
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Pit no 6 (average grade of the pit: 0.406 g/t Au)

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Depth (m) 0-1 1-2 2-3 3-4
---------------------------------------------
Grade (g/t Au) 0,80 0,27 0,34 0,22
---------------------------------------------

Pit no 7 (average grade of the pit: 2.284 g/t Au)

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Depth (m) 0-1 1-2 2-3 3-4 4-5 5-6
-----------------------------------------------------------
Grade (g/t Au) 0.41 2.57 0.25 0.74 2.43 7.30
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Pit no 8 (average grade of the pit: 0.548 g/t Au)

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Depth (m) 0-1 1-2 2-3 3-4 4-5
----------------------------------------------------
Grade (g/t Au) 0.95 0.70 0.64 0.23 0.23
----------------------------------------------------

Pit no 9 (average grade of the pit: 0.632 g/t Au)

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Depth (m) 0-1 1-2 2-3
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Grade (g/t Au) 0.48 0.70 0.72
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Pit no 10 (average grade of the pit: 3.294 g/t Au)

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Depth
(m) 0-1 1-2 2-3 3-4 4-5 5-6 6-7 7-8 8-9
-------------------------------------------------------------------------
Grade
(g/t Au) 1.08 0.53 2.10 1.99 2.11 4.62 5.94 3.19 8.09
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Gold is hosted in highly sericitized and silicified sediments/epiclastics in zones of intense veining and stocks. Note that in pits 3, 4, 7 and 10 the grades improve with depth. The pits with the lowest grades are on the outskirts of the anomalous zone or are shallow. The location of the pits is shown on Robex's web site http://www.robexgold.com.

The samples come from in-place saprolitized rocks, and have been taken alongside the walls of the quartz veins and never from the actual veins themselves. That is probably the reason why the average grade of the pits sampled is lower than the average grade found in the pit dug by the PDRM. We believe that the PDRM mostly sampled quartz veins.

GEOCHEMICAL SURVEY

Robex performed a ground geochemical survey with a 200 m x 100 m grid over 8.8 km(2), that is a perimeter of 4.4 km North-South by 2.0 km East-West, including the zone of the pits. The 530 soil samples, weighing 2 to 3 kg each, were analyzed for gold and arsenic at the ABILAB Laboratory in Bamako.

The map on Robex's web site illustrates all the results detailed in this release. The well-defined gold anomaly is confirmed by the arsenic grades, with a maximum grade of 922 ppb Au. The anomaly is approximately 2.8 km in length by 600 m wide. The anomaly is oriented North-South and is very similar to two structure systems oriented NW and NNW, clearly visible on the regional MAG map.

The survey was located over partially uncovered areas of the concessions and known zones of artisanal gold digging. The area is essentially underlain by folded epiclastics, flyshic sediments and limited amounts of felsic to intermediate volcanic rocks. The surveyed area presents only very limited amounts of transported surface material and is quite well suited for systematic soil sampling.

The excellent grades from the pits confirm the PDRM grades mentioned above and also confirm the gold potential of the entire gold anomaly, which covers an area 80 times larger than the zone covered by the pits.

The soil geochemistry map for gold and arsenic indicates several more anomalous zones, some located at the extremity of the survey, grading up to 1796 ppb for gold and 1171 ppb for arsenic. An additional geochemical survey will most likely be carried out to define the extensions of these zones. A drilling program is planned for the next field season. Plans for this program include the digging of new wells and trenches on the most important anomaly and on secondary anomalies and an IP gradient survey to cover the geochemical surveyed area before initiating drilling.

The size of the anomaly and the indicated grades attest to the importance of the gold potential of the Fandou zone and of the Wili-Wili properties.

Robex Resources Inc TSX-V: RBX is a Canadian mining exploration and development company focusing on Mali, West Africa. Mali is currently the 4th most important gold producing country in Africa. Robex's permanent exploration office is located in Mali, and is operated by senior geologists with an extensive experience in West African mining exploration. The team works on projects the Company already owns and is always on the lookout for new projects with favourable geology and a high potential for the discovery of world-class gold deposits. This permanent presence in Mali has allowed Robex to become one of the most active exploration and development companies in West Africa. In 2005, Robex was the third most important mining company operating in Mali in terms of investment in exploration.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

This Press Release and the within disclosure have been reviewed by Richard Savard, Geologist, President and CEO of Robex Resources Inc. and a Qualified Person in accordance with NI 43-101.

FOR THE BOARD
Richard Savard, Geologist, President and CEO


For further information: Visit the Robex web site www.robexgold.com or call Marcel Bédard, Chairman of the Board, Quebec, [phone], [e-mail]; Richard Savard, President and CEO, Montreal, [phone], [e-mail]; Stewart Robertson, Director, Trenton, Ontario, [phone], [e-mail]; Luc Pelchat, Director, Monterey, Mexico, [e-mail]; Raymond
Legault, Director, St Bruno, Quebec, [phone], [e-mail];
Serge Biron, Officer, VP and General Manager in Mali, Bamako, Mali, [phone], [e-mail]; André Vézina, VP Business Development, Quebec, [phone], [e-mail]; Christopher Zakak, Director, Boston, USA, [e-mail]; Henri Maire, Director, Westport, Ct, USA, [e-mail]