Nampala: Indicated Resource of 244 000 Ounces of Gold Confirmed by New CalculationsBy Robex Resources Inc., PRNE
Sunday, June 27, 2010
QUÉBEC CITY, June 28, 2010 - Robex Resources Inc. (TSX-V: RBX / FWB: RB4) is pleased to announce that
the content of the upper section of zone-100 on the Nampala deposit has gone
from 0.95 g/t to 1 g/t following recent calculations which included drill
results from a recent campaign completed last Spring. The polygonal method of
calculation is complementary to the one done in 2007 by Coffey Mining (NI
43-101) and raises this part of the resource from inferred to indicated.
Zone-100 of the Nampala deposit is part of a series of zones found on the
Mininko concession where a gold resource of 760 000 ounces has been
identified. Drilling was carried out at 25 meters spacing on the oxide
portion of the zone. At a cut-off of 0.4 g/t Au the new calculations
confirmed 244 000 ounces in the indicated category within 7.6 M tonnes of
minerals between the surface and 80 meter depth. The first 80 meters are
comprised in a saprolite zone where minerals are easily extracted. Zone-100
remains open to the north as well as at depth below the oxide zone.
Robex's strategy is to exploit this part of the deposit as soon as
possible. Mineral characterisation and metallurgical tests are currently
underway. These tests will help determine the best method of extraction so as
to proceed with a prefeasibility study.
The technical content of this press release and the results contained
within have been verified by Mr. Jacques Marchand, certified NI 43-101
engineer geologist in charge of resource calculations.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
For further information: and Investor relations: André Gagné, President
and CEO, +1-418-527-5023, firstname.lastname@example.org, Skype: andregagne1
For further information: and Investor relations: André Gagné, President and CEO, +1-418-527-5023, a.gagne at robexgold.com, Skype: andregagne1
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