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RBX Robex Resources Inc

2.85
0.06 (2.15%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Robex Resources Inc TSXV:RBX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.06 2.15% 2.85 2.80 2.85 2.85 2.75 2.75 12,100 20:53:40

Robex-Nampala: Start Up of the Nampala Plant

27/05/2014 3:22pm

Marketwired Canada


Robex Resources Inc. ("Robex" or the "Company") (TSX VENTURE:RBX)(FRANKFURT:RB4)
is proud to announce the launch of its gold plant in Nampala, Mali. In fact, the
plant, now in partial operation, handles more than 1,600 tons of ore per day.


The "commissioning" of the plant (or the testing of the various sections of the
plant) has thus started. This has already led to minor technical adjustments.
The Company can now say that the plant start-up took place and it is positive.


The test phase of the production has started with a reduced daily tonnage at
first. The plant is already operating at a capacity of 1,600 tons/day. The
analysis of the consumption parameters (electricity, reagents, recovery and
water) are in accordance with the feasibility study and have potential for
improvement.


The Nampala plant should reach 2,500 tons/day within 3 to 4 months and enter the
optimized production phase. Additional interstage screening devices will be
required as well as additional cyanidation tank in order to proceed to phase-2,
which aims for 4,000 + t / d. 


The need to train staff remains a priority to achieve our goals of optimal
production to 6,000 t / d in the medium term.


Mister Georges Cohen, Chairman and CEO, comments:

"I wish to underline my whole trust and supports to the teams in position in
Nampala and to thank them for their efforts and their work. In spite of
numerous, still very common, difficulties of starting up, we reached an
encouraging daily production for the future.


Our forecasts: the current daily tonnage handled in the mine will probably reach
2,500 t/j in the comming months to improve to - by adding some complementary
equipments - 4 000 t/j at the beginning of next year and still more to come in
2015. "


Additional Information for Shareholders of Robex Resourses Inc.:

- 09/06/2014, Montreal: Robex wishes to invite its shareholders to attend the
speech given by Georges Cohen at the International Economic Forum of the
Americas, June 9, 2014 from 7:30 to 8:30 AM. This event will take place at the
Montreal Fairmont Queen Elizabeth Hotel, Mackenzie Room starting at 7:15.


Registration and information: info@robexgold.com

- 10/06/2014, Quebec: Robex reminds their shareholders that the Annual Meeting
of Shareholders will be held June 10, 2014 at the Chateau Frontenac, Quebec
City, starting at 2:30.


For more information:

Robex Resources Inc. on social networks : Twitter, Linkedin et Viadeo

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Augustin Rousselet
Chief Financial Officer
info@robexgold.com
+1.581.741-7421

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