Robex Resources Inc.

Robex Resources Inc.

March 12, 2014 10:13 ET

Robex Resources Inc./Nampala Resource Update: First Calculation of Inferred Resource of the East Zone of Nampala

QUEBEC CITY, QUEBEC--(Marketwired - March 12, 2014) - Robex Resources Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) is proud to present the first results of the drilling campaigns on the East Zone of Nampala (located 300 meters east of the main pit).

The average depth of the surveys in the oxide layer of the East Zone is of 73 meters. The underlying zone of sulfide, in turn, has not been drilled.

The following table presents the first calculation of the East Zone:

Nampala East Zone

(g/T Au)
g/T Oz
Inferred Resource 0,5 9,7 0,72 251 000

Survey features

Number of survey 65
Average length 95 m
Spatial cover 600 x 1800 m
Average depth 73 m
Average influence radius 125 m (mesh max. 200 x 200)
Number of analyses 5068 (78 by survey)
Minimal content <0,05 g/T Au /1m
Maximal content 6,5 g/T Au /1m

The geological information in this press release has been verified by Jacques Marchand, P.Eng. geol. independent qualified person.

"We are enthusiastic about this first result, the potential of the East zone adjacent to the Nampala pit and its existing infrastructure to extend the useful life of the mine" said Georges Cohen, CEO of Robex.

Robex will continue its exploration program on the eastern part during 2014-2015 and eventually incorporate its additional resources in its mining plan in the longer term.

This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Robex Inc.'s ("Robex") control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated reserves, environmental risks (stricter regulations), unforeseen geological situations, unfavourable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Robex. The forward-looking information is based on the estimates and opinions of Robex's management at the time of the publication of the information and Robex does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws.

The TSX Venture Exchange or its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts no liability for the authenticity or accuracy of this release.

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