Mr. Matthew Wilcox reports
ROBEX REMAINS ON TRACK FOR FIRST GOLD AT KINIERO IN Q4 2025
Robex Resources Inc. has provided a June, 2025, project construction update for its Kiniero gold project in Guinea, West Africa. Robex is on track to deliver first gold at Kiniero in Q4 2025.
Highlights:
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Construction at Robex's Kiniero gold project, Guinea, remains on schedule and budget with first gold pour on track for Q4 2025;
- Project remains free of lost-time injuries;
- All project engineering and detail design completed;
- Phase 1 grade control drilling of Mansounia pit continues, with 55,430 metres drilled and 61,520 samples collected; Mansounia drilling to be completed by end of June, with drilling to commence at the Sabali pit;
- SMP (structural, mechanical and piping) works commenced, with 115 tonnes erected in the milling building and pipe racks;
- All purchase orders for mechanical and electrical equipment, piping and electrical materials completed and on track for delivery, including 90 per cent of power station materials collected and shipped;
- Process plant concrete is approximately 95 per cent complete and power station concrete 32 per cent complete;
- Structural steel and platework fabrication at 89 per cent and 90 per cent complete, respectively, with 11 shipments of structural steel and four shipments of platework in transit to Kiniero; all fabrication is to be completed ahead of schedule;
- Field tank structures 64 per cent completed. CIL (carbon-in-leach) Tank Train A is completed, with CIL Tank Train B due for completion mid-July, 2025;
- Preparation of phase 1A of the tailings storage facility base is nearing completion, with 625,607 square metres of 800,000 square metres liner placed;
- Fuel supply contract was awarded and construction of the fuel storage facility commenced;
- Mill installation contract awarded, and the installation team is mobilizing to site;
- Contracts for mining and drill and blast to be signed this month, with mobilization commenced; ROM (run-of-mine) pad backfilling completed;
- Geotechnical drilling for a solar farm commenced.
Matthew Wilcox, Robex's managing director and chief executive officer, said:
"Kiniero is moving closer to completion each month, and it is so pleasing to see this progress continue in a safe and methodical manner, maintaining our schedule to achieve first gold in Q4 2025. We've ordered everything we need for the project and deliveries of materials are arriving at site on a regular basis to ensure we continue to meet our targets. Design is complete and many aspects of the project build are under way or nearing completion.
"Grade control drilling is progressing well and will provide us with important data for mine planning at Mansounia before we head to the Sabali pit to continue this work.
"Having completed our initial public offer to raise $120-million (Australian), followed by our successful listing on the ASX [Australian Securities Exchange] earlier this month, we are renewed in our efforts to deliver shareholder value through Kiniero and Nampala and look forward to providing further updates on Kiniero's progress as we get closer to pouring first gold."
Kiniero construction activities
Construction at Kiniero continues to track well against the schedule, with the majority of concrete for the process plant completed. Three shipments of structural steel arrived on site, with progressive deliveries scheduled to arrive every two weeks. The SMP contractor has commenced structural steel erection of the milling building and pipe racks. The milling installation crew has commenced mobilization to site, with erection to begin mid-June, 2025. The tailings dam construction is progressing well, with 78 per cent of the phase 1A lining completed.
Next steps:
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Complete final two remaining major concrete pours within the process plant by end of June, 2025;
- Complete tailings storage dam phase 1A lining by end of June, 2025;
- Commence mill installation works on site;
- Continue with erection of steelwork within the process plant;
- Commence overland piping installation;
- Commence grade-control drilling of Sabali pit;
- Execute contracts for mining and drill and blast on customary terms for the nature of these services;
- Award the ore haulage contract;
- Award the laboratory and power station operation and maintenance contracts;
- Procure critical, operating and maintenance spares.
Robex remains very well positioned to advance the construction of Kiniero, which remains on schedule to realize first gold production by Q4 2025.
We seek Safe Harbor.
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