Quebec, January 27, 2010 – Robex Resources Inc. (TSX-V: RBX / FWB: RB4) is pleased to announce that the second batch of analytical results, coming from its recent drilling program completed over its Nampala gold deposit located on the Mininko permit in South Mali, reveals very encouraging grades. Values such as 5.83 g/t Au over a length of 12 meters, including 1 meter at 54 g/t Au have been intersected along with values such as 1.37 g/t Au over 77 meters, including 13.70 g/t Au over a length of 4 meters in the center of Lens 100. These excellent results are adding up to those already divulged in a press release dated January 11, 2010. Up to date, analytical results from 50 of the 119 drill holes completed during the last drilling program have been received. ‘‘In keeping with Robex’s priority objective of getting the Nampala project into production, these results are very encouraging’’, said André Gagné, the company’s CEO.
The following table presents some of the analytical results from the second batch of assays received recently.
|Drill Hole Number||Interval (m)||Lenght (m)||Average|
Between November 23 and December 18, 2009, a total of 8,324 meters of air core and reverse circulation drilling (AC and RC) were completed in 119 drill holes over Lens 100 of the deposit, where previous drilling has outlined inferred resources of 675,000 ounces of gold (22.5 million tonnes at an average grade of 0.93 g/t Au). These resources are developed between the surface and a vertical depth of 150 meters (see technical report 43-101 at www.robexgold.com).
The objective of the drilling campaign was to achieve a 25 meters x 25 meters drilling pattern to confirm and upgrade the resource base of a portion of Lens 100 between surface and vertical depth of about 80 meters where an inferred resource of 256,000 ounces of gold contained in 8.4 million tonnes of ore at an average grade of 0.95 g/t Au has been outlined by previous drilling in the oxidized and transitional portion of the deposit. Drilling was oriented towards the east at angles of -50o and -70o. Sampling was done by intervals of one meter. Quality control samples including sample duplicates, blanks and standards were inserted at regular intervals during the sampling procedure and all samples were sent for gold analysis to ALS Chemex Laboratory in Bamako, Mali.
The technical content of this press release has been reviewed by Benoit M Violette, P.Geo , a qualified person in accordance with NI43-101 standards.
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For the Board of Directors: Rolland Veilleux, President of the Board of Directors