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Drilling extends gold mineralization at Nampala - Exploration drilling leads to NEW gold discovery

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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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