08:55:21 EDT Fri 19 Apr 2024
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or Name
USA
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Robex Resources Inc
Symbol RBX
Shares Issued 579,509,566
Close 2016-05-20 C$ 0.14
Market Cap C$ 81,131,339
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Robex installs Zadra-type elution system at Nampala

2016-05-24 11:10 ET - News Release

Mr. Augustin Rousselet reports

NAMPALA: SUCCESSFUL START OF THE NEW (ZADRA TYPE) ELUTION SYSTEM

Robex Resources Inc. recently completed with success the installation of the new Zadra-type elution system at its Nampala mine. The commissioning has been carried out under the supervision of Soutex, an ore processing consulting firm. The system is already operational, although some annexes will be integrated in the coming weeks (acid wash and coal regeneration). In commissioning, the system can currently treat the gold that has been accumulated in the carbon over the past months.

Two elution cycles have been carried out on the carbon that is very rich in gold, and an estimated amount of over 25 kilograms of gold has been extracted. By the end of the month, the goal is to achieve three additional elutions and thus exceed 50 kilograms of extracted gold during the month of May, confirming the capability of the new system to effectively recover gold from carbon.

In addition, the company began the commissioning of the extension of the power plant, which should be fully operational by the end of May. The eight generators are already operational.

Due to start-up of the power plant, the production of the concentrator was delayed between April 10 and April 20. Production resumed with an average of 1,500 tonnes of ore per day as of April 21, far better than the target initially planned. The mine was in preproduction for 20 days in April and treated close to 30,000 tonnes of processed ore. The recovery rate was consistent with the objectives of the start-up phase. Soutex confirms that, according to the data from the mine scales and the data analysis from SGS Bamako, a total of approximately 600 ounces of gold was extracted from the ore by the cyanidation process during the month of April.

The company expects the commissioning of the 750-kilowatt ball mill during the first half of the month of June. The ball mill and all the equipment attached to it will allow the Nampala mine to ultimately achieve a capacity of 4,000 tonnes per day.

During the commissioning phase and increasing production rates, the objective is to hold an average production rate of 3,000 tonnes per day (until December, 2016). The combination of low content laterite in the early life of the mine and the rich coarse ore content stored after the operation of the small ball mill since September, 2015, should allow the Nampala mine to produce a monthly average of 2,000 ounces of gold for the last six months of 2016. In 2017, this monthly goal will increase to almost 3,000 ounces.

The scientific and technical disclosure of this press release has been prepared and approved by Dr. Antoine Berton, PhD, PEng, a metallurgist certified under National Instrument 43-101.

The company invites you to visit its website to see new pictures and videos of the Nampala mine.

We seek Safe Harbor.

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