16,525 meters of drilling are planned during the last three months of 2017 (October to December 2017), mostly near Nampala’s main pit, in Mali. With this drilling campaign, Robex will test the extensions of the mineralized zones of the Nampala pit, confirm and if possible extend the previously identified gold values in the pits surrounding areas as well as try to confirm the presence of additional mineral resources that could enter directly into the mines current plan to increase the mine life.

The drilling campaign will test five different targets.

  • In the immediate extensions to the south and west of the main pit in order to confirm the extension of the known mineralized zones,
  • in the pit in operation to delimit and test the homogeneity of economic zones and finally,
  • to the east and on the extension of the mineralized corridor to the south in order to identify areas potentially capable of increasing the resources of the operating area.

Robex will be able to have a better quantitative and qualitative understanding of the mineralization system contained and surrounding the current pit. All the work related to the development and maintenance of the drilling campaign as well as the characterization of the mineral resources will be done under the supervision of the firm INNOVEXPLO. The latter will manage the integration of the new information with the current database with the ultimate aim of developing a new mineral resource estimate as well as the preparation of an updated technical report complying with the standards of regulation NI 43-101.

ROBEX intends to extend their prospecting effort over the next few years on the overall exploration of the Mininko permit, where the Nampala mine is located, as well as on the Kamasso permit south of the Nampala mine, in all representing approximately 160 square kilometers, ten times the size of the existing mine site.

Increase in gold sales in the 3rd quarter of 2017 compared to the previous quarter

The Company is pleased to announce that they have sold 286 kg (9,197 ounces) gold in the third quarter of 2017, compared with sales of 235 kg (7,548 ounces) and 280 kg (8,987 ounces) in the 1st and 2nd quarter of 2017, respectively. Robex continues to progress by increasing once again the quantity of gold sold.

The capacity of the Nampala mine continues to exceed expectations

After a record month of September in terms of processed tonnages (more than 140,000 tonnes), October has so far averaged more than 5,000 tonnes per day.