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01/19/2006
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Montreal – Robex Resources Inc (TSX : RBX), is pleased to announce the results of a drilling program carried out at the Mininko Permit in South Mali, West Africa. Results are from drilling conducted from October 24, 2005 to January 3, 2006 and comprised 6,382 m of reverse circulation (RC) in 60 holes and 628 m of diamond (DDH) in two holes. The results are presented in the tables, respectively for each target areas, which are shown on figure 1.
The drilling program was designed to identify new mineralized areas within the Mininko permit. To achieve this goal, the following program was employed:
1) Cover with exploratory holes, targets delineated by ground IP-gradient, which extend in a two to four km wide area, over 16 kilometres from the Southwest to the Northeast outside the Nampala Central mineralized zone (Nampala zone A). Figure 1 shows field works carried out on the Mininko permit as well as the location of the zones that are herewith described.
2) Carry out two deep diamond drill holes on the Nampala Central zone (Nampala zone A, fig.1) in order to evaluate the potential of that zone at depth and one RC hole in the western part of the Nampala Central zone to test the tonalite gold potential.
Nampala Target
Nampala Central zone (Nampala zone A, figure 1)
Table 1 shows the results of two DD holes as well as the RC hole carried out on the Nampala Central zone (Nampala zone, fig.1). The two DD holes (NDD 601 and 603) show that the mineralized levels, respectively extends to depths of 330 m and 368 m in the Central zone. The main part of the mineralization occurs in graywacke showing strong alteration.
These holes having been drilled easterly, it remains possible that deep mineralization occurs westerly, towards the contact with the in place intrusive body. On the other part, the NRC 602 hole shows that the tonalite, located west of the Central zone (Nampala zone A), is mineralized, at least to a depth of 131 meters, which corresponds to the bottom of the hole, where we find the strongest values of 1.58 g/T over an intersection 12 meters, between 119 and 131 meters. This is the first drill hole showing that the tonalite can be mineralized over important widths. We will have to evaluate these results which allow consideration of large mineralized zone of tonalite, opened in many directions.
Table
1: Central Nampala,
Zone A
|
Hole
|
from
m
|
to
m
|
interval
m
|
grade
g/t
|
|
|
NDD 601
|
10
|
154
|
144
|
1.00
|
|
|
Including
|
22
|
95
|
73
|
1.35
|
|
|
Including
|
47
|
57
|
10
|
2.14
|
|
|
Including
|
58
|
84
|
26
|
1.26
|
|
|
Including
|
108
|
112
|
4
|
1.25
|
|
|
Including
|
132
|
140
|
8
|
1.18
|
|
|
Including
|
153
|
154
|
1
|
5.80
|
|
|
|
188
|
224
|
36
|
1.02
|
|
|
including
|
216
|
224
|
8
|
2.22
|
|
|
|
249
|
252
|
3
|
1.32
|
|
|
|
264
|
271
|
7
|
1.14
|
|
|
NRC 602
|
50
|
68
|
18
|
1.22
|
|
|
76
|
131
|
55
|
0.78
|
|
including
|
119
|
131
|
12
|
1.58
|
|
NDD 603
|
56
|
66
|
10
|
1.01
|
|
|
113
|
121
|
8
|
1.73
|
|
|
199
|
201
|
2
|
1.10
|
|
|
234
|
236
|
2
|
1.33
|
|
|
242
|
246
|
4
|
1.74
|
|
|
280
|
287
|
7
|
1.17
|
Table 2:
Significant results of the East Nampala (Nampala target C and D)
|
Hole
|
from
m
|
to
m
|
interval
m
|
grade
g/t
|
|
NRC 562
|
19
|
20
|
1
|
1.68
|
|
|
32
|
33
|
1
|
2.62
|
|
NRC 565
|
20
|
23
|
3
|
1.23
|
|
|
40
|
44
|
4
|
2.34
|
|
|
61
|
64
|
3
|
1.55
|
|
|
80
|
83
|
3
|
1.31
|
|
|
98
|
100
|
2
|
1.42
|
|
|
114
|
116
|
2
|
1.27
|
|
NRC 567
|
7
|
68
|
61
|
1.01
|
|
|
94
|
97
|
3
|
1.79
|
|
NRC 569
|
1
|
13
|
12
|
1.03
|
|
|
45
|
50
|
5
|
1.96
|
|
NRC 600
|
11
|
72
|
61
|
0.74
|
|
including
|
27
|
32
|
5
|
1.24
|
|
NRC 595
|
27
|
31
|
4
|
1.51
|
|
NRC 597
|
4
|
5
|
1
|
1.35
|
|
|
84
|
90
|
6
|
1.30
|
Nampala C and D zones
The Nampala East zone (Nampala areas B,C,D,E,F fig.1), which extends some five kilometres form South-West to North-East of the eastern part of the Central Nampala, gave interesting results in the C and D areas as indicated in table 2. Mineralization occurs over a distance of 1,000 m from SW to NE, confirming its gold potential as previously suggested.
Nampala G zone
Table 3, shows the results of a hole drilled 1,600m North in the extension of the Central Nampala mineralized area, on a target identified by IP-gradient and referred as zone G in figure 1. Even though the mineralization thickness is relatively weak, the grade is interesting and the drill hole clearly shows that the zone is open in all directions. It could represent the north extension of the Nampala A zone.
Table 3 : Nampala target G zone
|
Hole
|
from
m
|
to
m
|
interval
m
|
grade
g/t
|
|
NRC 584
|
55
|
60
|
5
|
2.12
|
N’Golola target
The N’Golola zone has been divided into two zones. The West N’Golola zone (N’Golola zone A, fig.1) shows a hole (NRC 586) with very interesting values, grading 3.72 g/T over 13 meters, between depths of 26 and 39 meters (Table 4). This zone is complex and will need interpretation in order to understand the relation between the various types of intrusive that occur in the area. In a similar way as it was the case in the Central Nampala zone, the mineralization is associated with graywacke showing strong alteration.
Table 4: N’Golola target zones A and B.
|
Hole
|
from
m
|
to
m
|
Interval
m
|
grade
g/t
|
|
NRC 586
|
26
|
39
|
13
|
3.72
|
|
|
81
|
84
|
3
|
1.13
|
|
NRC 608
|
59
|
64
|
5
|
1.14
|
|
NRC 612
|
35
|
37
|
2
|
2.57
|
|
NAC 613
|
97
|
106
|
9
|
3.95
|
|
including
|
97
|
100
|
3
|
4.18
|
|
including
|
103
|
106
|
3
|
7.61
|
|
NAC617
|
46
|
47
|
1
|
1.48
|
The East N’Golola area (N’Golola zone B, fig.1) also shows interesting results in holes NRC 608 to 617, specially with a grade of 3.95 g/T over 9 meters in NRC 613. This very complex zone is open, mostly towards the East. Here again, the mineralization is associated with graywacke showing a strong alteration.
The Sikoro target (Figure 1)
This target which corresponds with a strong airborne EM anomaly as shown in the SYSMIN regional map, did not give interesting drilling results. It did not show any interest in the ground IP-gradient survey, carried out before drilling. Layers of graphitic shale have been intercepted with drilling. This could explain this EM anomaly.
The results obtain with Robex’ latest drilling program are very encouraging. The continuation of exploration work in the Mininko permit is warranted, especially with the discovery of new interesting mineralized zones: N’Golola and areas East and North of the Central Nampala gold prospect. The interpretation of the last results added to the positive results of the preceding drilling programs warrant a follow-up exploration program for 2006 over this high potential property.
This Press Release and the within disclosure have been reviewed by Richard Savard, Geologist, President and CEO of Robex Resources Inc. and Qualified Person in accordance with NI 43-101.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Robex Resources Inc (TSX-V: RBX), a Canadian gold exploration and development company, has recently structured itself into being one of the most aggressive and dynamic gold exploration company in Mali , West Africa . This orientation is obtained by establishing a permanent office in Mali operated by senior exploration geologists with much experience in West Africa . The team has for objective to pursue exploration work on already owned properties and acquire new properties which show favourable geology and a high potential for the discovery of important gold deposits. Exploration work will be done simultaneously on all properties respecting state–of–the art criteria
ON BEHALF OF THE BOARD OF DIRECTORS
Richard Savard, geologist, President and CEO
FOR INFORMATION:
Richard Savard, President and CEO, Montreal (514) 626-2124, ric.savard@videotron.ca
Raymond Legault, Director, (450) 653-8425 , rzlegault@hotmail.com
André Vézina, VP Business Development, Québec (418) 670-1422, anvez@sympatico.ca
Stewart Robertson, VP, Trenton , Ontario (613) 392-2646, stewrob@sympatico.ca
Marcel Bédard, Chairman, Québec, (418) 688-1035, marcel.bedard@mdcb.qc.ca
Serge Biron, VP Operations, Bamako , Mali , (223) 223-1828, serge.biron@sympatico.ca
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