QUEBEC CITY, QUEBEC--(Marketwired - Jan. 5, 2017) - The Company Robex Resources Inc. ("Robex" and/or "the Company") (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce that commercial production has been declared at Nampala, on Mininko permit, effective January 1, 2017.
Commercial production at Nampala has been declared as the process plant is now operating in line with both technically and operationally expectations.
Over the past 60 days of operations, the process plant has achieved an average of 90% of design throughput capacity. Indeed, an average of more than 3,750 tonnes per day was processed during this period. In addition, an average of at least 4,000 tonnes per day has been processed in the last three weeks. This confirms that the Company objective set for the end of 2016 has been achieved.
Following the declaration of commercial production, the Company's operations team will continue to focus on increasing ore output and grade from the mine and improving the recovery rate to further enhance its overall operational performance.
"Announcing commercial production at Nampala represents a major milestone for the Company", states Mr. Georges Cohen, Chairman and Chief Executive Officer. "This achievement, which is a culmination of many years of effort, is a testament to the dedication and determination of our entire team including our valued employees, contractors and partners. I want to take advantage of this announcement to wish all our shareholders, employees, partners and suppliers a happy new year."
Qualified Person under NI 43-101
The technical information presented in this press release has been validated by Mr. Antoine Berton, P.Eng., Ph.D., metallurgist at Soutex, a consulting firm in metallurgy and ore processing permanently present at the Nampala site.