Robex identifies new structure

A 48-ft thick structure at a depth of 222 ft has been identified by Robex Resources of Montreal on its Soma property in Duverny Twp. in Abitibi in northwestern Quebec.

The new weathering zone was identified by the RS-10 drilling during exploration of a northeasterly vein known to be 1.6 km long. The zone is located in a carbonated and silicified gabbro with a 1% content of thinly scattered pyrite. The drilling produced a grade of 0.54 oz gold per ton across 2 ft.

Seven other drillings, carried out at different sites, yielded anomalous, geochemical gold contents, while the RS-13 drilling cross- checked a weathering zone several feet thick, similar to the first one, reports President Rene Amyot.

Because of the results produced from the 1986 drilling program, the company is now considering undertaking an exploration program this year to delimit systematically the two new structures, particularly the northeasterly one.

In addition to the Soma property, Robex owns the rights to a baryta deposit in the Eastern Twp. of Upton, and to the Montauban property, near the Muscocho gold mines, in Portneuf Twp. Robex also has a 60% interest in the Joutel property, where in 1986 drilling yielded a grade averaging 0.065 oz across 6 ft.

The company also has a 25% interest in the Venus property, which it is exploring jointly with Veinor Resources.The Venus property’s potential reserves have been estimated at 45,350 tonnes with a grade of 0.26 oz. In 1986, drilling produced an average grade of 1.115 oz across 5.8 ft.

To finance its 1987 exploration campaign, Robex signed a $1.5 million agreement with the limited partnership firm of Maufort 1987. The agreement is subject to regulatory approval.