Robex Resources Inc./nampala: The Drilling Campaign to the East, as Well as Some Construction Activities Continue
QUEBEC CITY, QUEBEC -- (Marketwire) -- 03/27/12 -- Robex Resources Inc. (TSX VENTURE: RBX)(FRANKFURT: RB4) wishes to inform its shareholders and the public that it is pursuing its activities on the Nampala project as planned, and that recent events in Bamako in the last few days have not resulted in interferences to date.
Robex is also pleased to confirm that the 2.4 km road access to the Nampala village and its proposed mine location is now completed. Initial work on its tailing dam as well as the engineering of various buildings (administration, mobile garage, storage, camp, etc) are progressing. Robex is also completing the topographic survey of the East and Southern zone of the permit and the sector where the mill will be erected.
Mr Andre Gagne joins the Board of Directors of Robex and replaces Mr. Gabriel Alarie who presented his resignation.
Robex is pleased to announce that the Board of Directors has nominated Mr. Andre Gagne to its Board of Directors. Mr. Gagne has been the CEO of Robex for nearly four years and has been instrumental and responsible for the significant progress made at Robex to date. He will replace Mr. Gabriel Alarie who resigned to pursue some other projects. Members of the Board of Directors and Management wish to thank Mr. Alarie for its commitment and wish him success in his new challenge.
For more information's on Robex see: www.robexgold.com
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, 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) accepts any liability of any kind as to the authenticity or accuracy of this release.
Contacts:
Investor relations:
Andre Gagne
President and Chief Executive Officer
418-527-5023
a.gagne@robexgold.com
Skype: andregagne11
Media relations:
Frederic Berard
Vice-President
H+K Strategies
514-395-0375, ext. 259
