QUEBEC, Oct. 14 /CNW Telbec/ - Robex Resources Inc. (TSX-V: RBX) is pleased to announce that it is proceeding with the development activities necessary for the prefeasibility study of its Nampala gold deposit, located in the Republic of Mali.
Robex has contracted the engineering-consulting firm Genivar in order to assess the resource block-model completed in the framework of the gold resource estimation study completed by RSG Global (now Coffey Mining) completed in 2007. The 43-101 compliant estimation outlined an inferred resource of 760,000 ounces of gold at an average grade of 1,0 g/t Au. The analysis of the digital block-model will serve to outline the gold distribution within the oxidised layer from 0 to 70 meters in depth. This process will also support the detailed planning necessary for the next stage of drilling within the referred mineralised horizon which is intended to upgrade part of the outlined resources into indicated and measured resources.
Considering the existing drilling completed to date, Robex expects that at least 6,500 meters of reverse circulation drilling distributed in 80 holes, will be necessary to achieve a 25x25 meter grid required in order to upgrade the quality of the outlined inferred resources. In order to complete the program a contractual arrangement with drilling contractor COREPRO S.A. from Burkina Faso has been formalised with the intent of proceeding with the program, once the current rain-season has ended and that the ground conditions are appropriate to start the drilling, now forecasted for mid- November with completion prior to the end-of-December. Furthermore, 1,500 meters of core drilling will also be planned at strategic sites for geological control of the mineralisation within the Nampala deposit.
The content of this press release has been reviewed by Benoit M Violette, P.Geo and a qualified person in accordance with NI43-101 standards.
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responsibility for the adequacy or accuracy of this release.
For the Board of Directors:
Rolland Veilleux, President of the Board of Directors
SOURCE ROBEX RESOURCES INC.
For further information: For further information: Investor relations: André Gagné, CEO, (418) 527-3588, email@example.com