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Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF | V.RBX.WT

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.


TSXV:RBX - Post by User

Bullboard Posts
Post by Lisanon Mar 10, 2009 10:21am
389 Views
Post# 15832878

NEWS

NEWS

Robex digs pits, trench at N'Golola, tests samples

2009-03-10 10:09 EST - News Release

Mr. Rolland Veilleux reports

ON THE GROUND IN MALI-UPDATE

Robex Ressources Inc. has confirmed that the current work on the N'Golola zone of Mininko (see Stock news release of March 5, 2009) is going very well and samples are on their way to the ASL Laboratories of Bamako to be analyzed. Also, the permits for the exploitation of Wili-Wili and Wili-Wili West, held by Robex, were renewed on Feb. 17, 2009, for three years. This has officially allowed the team to plan some work there in the near future.

Current work on Mininko

The current works on the N'Golola Zone of the Mininko property are going very well and have been extended beyond this zone. A total of 33 pits of 8 to 9 meters depth, and a trench 20 meters long, by 1 meter wide have been dug. Thirty-five (35) kg of samples from those works are on their way to the ALS Laboratory of Bamako for analysis. Next Monday, the workers will be moved on to Kamasso, where a lot of orpailleurs (artisanal gold diggers) are now working. Kamasso is contiguous to the south end of Mininko. It is located between the Morila and Syama world-class gold mines.

Wili-Wili and Wili-Wili West permits

Wili-Wili and Wili-Wili West are located south of the Yatela, Sadiola and Loulo world-class gold mines exploited by IAMGOLD, who has just confirm a $10.5 million partnership with Merrex Gold (see Merrex press release of December 23th 2008), to develop the Siribaya gold Mining project, a very promising gold property neighbouring Wili-Wili West.Prior grassroots exploration by Robex led to an important gold discovery (see press release of May 17th 2007 and June 13th 2007). Soil-geochemistry identified a gold-arsenic anomaly, 2.8km x 600m, coinciding with two structural systems visible on the regional MAG map. Re-sampling of old pits from the north-central part of the anomaly revealed high gold values. IP resistivity geophysical surveys were carried out following a 100-meter line spacing and have covered a 1.1km by 1.5km area (linear distance of 18km) over the Fandou zone and a 1.5km by 3.0km area (linear distance of 48km) over the Mamoudouya zone. We anticipate that new works should begin on Wili-Wili in April 2009.

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