Robex Resources Inc.

Robex Resources Inc.

February 16, 2011 09:45 ET

Robex Resources Inc./Update on Metallurgical Testwork of Nampala Ores: High Recoveries and Low Reagent Consumption Confirmed

QUEBEC CITY, QUEBEC--(Marketwire - Feb. 16, 2011) - Robex Resources Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce that additional metallurgical test work in progress at SGS Lakefield confirmed the initial high recovery and low reagent consumption achieved in 2010 on the original samples. 

The cyanidation tests on four composite samples were done at a pulp density of 40% solids at PH of 10.5-11.0 and a cyanide concentration of 1.0g/L NaCN with a retention time of 36 to 48 hours. The ore composites were ground to P80 minus 160 micron and averaged between 1.22 and 1.55 gpt gold.

Recoveries between 87.5% and 90.3% were achieved after 36 hours only with a reagent consumption of 0.01 Kgm/t of Sodium cyanide and 1.1 to 1.3 Kgm/t of CaO. Additional test work will now concentrate on the optimization of grind versus recovery. A finer grind in the P80 minus 50-75 micron range is expected to improve recoveries further with an expectation of 92 % or better. 

Results from the next batch of test work at Lakefield SGS will be used in the Feasibility Study which was initiated a few months past.

Robex's President and CEO, Mr. André Gagné, declares: We are very pleased that the latest results confirmed the initial testwork and assays. These findings meet our objectives of low costs while minimizing impacts on the environment."

Robex seizes this opportunity to recall that Bumigeme Inc., a Canadian company with a vast experience in the development of dressing procedures and mineral plants operation, has been awarded the contract for performing the Nampala project feasibility study whose purpose is to define the application modalities of an open-pit mining operation using a 5000 tons a day cyanide processing plant.

The technical content of this release as well as the results which are set out have been checked by Jacques Marchand, P.Eng. P.Geo, geological engineer and an independent qualified individual.

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 which 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, unfavorable 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.

Neither TSX Venture Exchange nor the regulatory service provider (as the term is defined in TSX Venture Exchange's policies) accept any liability of any kind as to the authenticity or accuracy of this release.

Contact Information

  • Investor relations
    Andre Gagne
    President and Chief Executive Officer
    Skype: andregagne1