QUEBEC
,
Nov. 23
/CNW Telbec/ - Robex Resources Inc. (TSX-V: RBX / FWB*: RB4) has acquired an additional 5% ownership interest in its Kolomba permit and has also bought back the 2% NSR from its local partner, making Robex 100% owner of the permit.
Robex considers Kolomba as a strategic property due to its proximity with the world class mine of Loulo and because of results obtained from trenching in 2004 (Tr5: 34m@1,03g/t Au, Tr6: 16m @1,92g/t Au, and Tr7: 34m@1,26g/t Au / see press release of
September 8
, 2004). The conclusion of partnerships would enable Robex to accelerate exploration and development activities on certain permits including Kolomba where potential mergers will now be facilitated by Robex's status as sole permit holder.
Confidentiality Agreement between Robex and Golden Rim Resources
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On
November 19, 2009
, Robex concluded a Confidentiality Agreement with
Golden Rim
Resources Ltd, (www.goldenrim.com.au), pertaining to the Sanoula permit where interesting grades were found in a 2007 drilling campaign (see press release of
June 29
, 2007). This permit is situated south of the world class mines of Yatela and Sadiola, and north of Loulo, along the Senegalese-Malian shear zone.
Golden Rim
Resources is a public exploration company listed on the Australian Securities exchange (ASX: GMR).
Golden Rim
is presently concentrating its efforts on the Sepola Gold Project, located near the Sanoula permit, and where drilling is currently taking place.
Visit to Mali of Robex's CEO and Executive Vice-président: Mali's New
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Minister of Mines Assures his Support and Commitment towards Robex
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Robex's CEO, Mr. André Gagné, as well as the executive Vice-President, Mr. Jean-Claude Morel, participated this past week in the 13th UNCTAD
Africa
Oil, Gas, Minerals Trade & Finance Conference and Exhibition. The event cumulated as a success whereby Mr. Gagné and
Mr. Morel
met with prominent interlocutors in relation to Robex's future anticipated endeavors and also met privately with the new Minister of Mines for
Mali
, Mr. Abou-Bakar Traoré, whereby the latter assured his support and commitment towards Robex's future development projects.
Mr. Gagné and
Mr. Morel
just completed a site visit of the Nampala gold orebody in order to oversee the progress of the current drilling campaign which anticipates between 7,500 and 8,500 meters of reverse circulation (RC) distributed in 100 to 120 holes. Mr. Gagné and
Mr. Morel
also visited the adjoining Kamasso permit where they noticed the presence of many artisanal gold diggers. They were also welcomed by Resolute Mining, for a one-on-one site tour of their Syama Mine, a six million ounce orebody (see Resolute mining's
June 30
2009 annual report, page 8) located in line and just south of Robex's N'Golopene permit.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
www.robexgold.com
For the Board of Directors:
Rolland Veilleux, President of the Board of Directors
*
Frankfurt
Stock Exchange (FWB: Frankfurter Wertpapierborse)
%SEDAR: 00003615EF
For further information: Investor relations: André Gagné, CEO, (418) 527-5023, [email protected]
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