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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

Post by ABDPhilon May 23, 2022 10:48pm
431 Views
Post# 34702780

SABALI SUD, a major discovery

SABALI SUD, a major discovery
For me, the discovery of the southern Sabali zone is as stunning as it is unexpected. The identification of this new exploration zone and the results obtained clearly demonstrate that the level of understanding of the geological structure is now very high. The press release speaks for itself, we cannot add more. We already know that the results of drilling from this new zone will be included in the 43-101 technical report, scheduled for the next few weeks, and that the increase in mineral resources could surprise the community in the gold sector. Consequently, I am of the opinion that the plant project could be revised upwards depending on the final results, Robex's debt capacity and good practices with regard to the management of the risks associated with this project.
 
As mentioned, extensive exploration has confirmed that the Sabali South deposits are actually a subset of something much larger, dubbed the Sabali-Mansounia Corridor. As indicated, subsequent drilling has demonstrated the continuity of mineralization up to the Mansounia permit, where drilling is continuing.
 
The idea that comes up most often in this press release is definitely the level of understanding of this deposit. In particular, the correlation of the geological results with the aerial geophysics, the geochemical structure, the system of veins connected at depth, the intrusive host, the structures which project at depth, …
 
In conclusion, I reiterate that this project is, in its current form, the largest in West Africa and the one with the greatest potential for expansion. Stay tuned, it's far from over.
 
GLTA

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