West African gold producer and developer Robex Resources Inc. (“Robex” or the “Company”) (TSX-V: RBX |
ASX: RXR | OTC: RSRBF | Börse Frankfurt: RB4) is pleased to report on its activities for the September 2025 Quarter.
Robex owns the Nampala Gold Mine in Mali and continues to make strong progress on the construction of the
Kiniero Gold Project in Guinea, which remains on schedule for first gold pour in Q4 CY25.
Highlights:
• Robex and Predictive Discovery (ASX: PDI) announced a merger of equals, aiming to create a strengthened
mid-tier West African gold producer. The merger, announced on 6 October 2025, is expected to close by
early 2026, subject to satisfaction of closing conditions and shareholder approval.
• Robex accelerated the expiry of its 2024 warrants from 27 June 2026 to 18 October 2025 after the share price
exceeded C$3.50 for 10 consecutive trading days. The Company raised C$148.2M, strengthening its balance
sheet and highlighting strong investor confidence.
• Robex amended its US$130 million senior facility with Sprott, unlocking up to US$90 million to support Kiniero
Gold Project development.
• Mining commenced on day and night shift at Kiniero, with delivery of ore to the run-of-mine (ROM) pad.
• Kiniero construction remains on schedule and on budget for first gold pour in Q4 2025. Mining is underway
and more than 4.8 million LTI-free hours have been recorded. Major milestones have been achieved including
near-complete mills, 45% electrical progress at the power station, 76% completion of the TSF, and full delivery
of structural and electrical materials.
• Initiated 20,000m RC drilling at Sabali South (Kiniero) to expand resources, with diamond drilling planned at
SGA and NEGD, while near-mine exploration continued at Nampala to extend mine life.
• Strategic planning advanced 2026 exploration programs, budgeting and target generation across Guinea
and Mali.
• Nampala operation remains Lost Time Injury (LTI) free, with more than 2.04 million hours worked. Kiniéro project
has recorded 4.86 million LTI-free hours.
• Nampala produced 9,774 ounces and sold 9,529 ounces of gold during the September 2025 quarter.
• Year-to-date gold production from Nampala totalled 34,401oz at an All-in Sustaining (AISC) of C$2,555/oz.
Robex’s Managing Director and CEO Matt Wilcox commented:
“We advanced the Kiniero Gold Project strongly throughout the September quarter, with mining now underway
and delivery of ore to the ROM pad, with drilling and blasting to commence shortly. Construction is progressing
across all major areas, with no lost-time injuries reported during the quarter.
“Key milestones included major progress on the process plant, completion of critical concrete works,
advancement of CIL tank installation, and continued work on the SAG mill and tailings storage facility. Site
infrastructure, including power generation and fuel facilities, also progressed in line with schedule.
We remain committed to delivering Kiniero safely, efficiently, and responsibly, while maintaining strong
engagement with host communities and stakeholders. Meanwhile, operations at the Nampala Gold Mine in
Mali continued to perform despite challenging operating conditions.”
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