Robex - Increased Interest in N'Golopene



    MONTREAL, Feb. 28 /CNW Telbec/ - Resources Inc (TSX-V: RBX) has recently
earned an increased interest in the N'Golopene Project, South Mali, taking its
ownership to 51% of the Permit. According to the agreement with the local
partner, Robex expects to own a 93% interest in the project before the end of
the year.
    Robex considers this project very strategic because of its proximity to
the Syama deposit held by Resolute Mining Ltd, an Australian company. Syama
should begin producing during the second quarter of 2008, with a capital cost
of 140 M$ US. The Syama deposit holds in ground reserves of 14.8 Mt grading
3.6 g/t Au (1.72 M oz gold).
    The N'Golopene permit is contiguous to the north and to the east of
Resolute's Syama mine. Both properties rest on the same major regional
structure, the Syama shear zone. Robex would like to point out that
exploration work recently carried out by Resolute (end of 2007) in the Quartz
Vein Hill area located immediately north of the Syama deposit and zone A21,
are less than 2km away from Robex' permit limit. Results released by Resolute
on the mineralized structure are significant in continuity on the mineralized
axis (eg. drillhole QVC-148 intersects 13m @ 5.39 g/t Au).
    On this same axis, 35km south of the Syama deposit, resources of 9.2Mt @
2.53g/t (745,000oz) were announced recently on the Tabakoroni deposit at the
Finkolo property, an Etruscan/Resolute Joint Venture. These elements
demonstrate the regional potential for the discovery of new gold deposits on
this mineralized geological axis.
    Robex is currently in discussion with mining companies in order to share
the exploration cost on its projects and will consider any reasonable offer to
joint venture the N'Golopene Project.

    Robex is active in gold exploration in Mali. Its growth potential is
based on the quality of its team and of its projects as well as on its
objective of creating value for its shareholders. This release and the
information contained herein have been verified by Jean Demers, P.Geo and
qualified person. The TSX Venture Exchange has not reviewed and does not
accept responsibility for the validity and the accuracy of this release.




For further information:

For further information: Jean Demers, P. geo, President & CEO, (514)
979-9400, j.demers@robexgold.com; Marie-Claude Poitras, Communications, (418)
870-1482, mc.poitras@robexgold.com

Organization Profile

ROBEX RESOURCES INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890