QUÉBEC, June 28 /CNW Telbec/ - 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.
SOURCE ROBEX RESOURCES INC.
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