Robex still on track for Q4 first gold at Kiniero

Executive Summary

• Robex Resources reports that the Kiniero gold project in Guinea remains on schedule and budget, with first gold pour targeted for Q4 2025.
• Major construction milestones are near completion, including 83 % of field‑erected tankage, concrete works for the process plant and power station, and significant progress on SAG mill installation.
• Drilling continues at Sabali pit (35,518 m drilled in July) with results pending; mobilization of mining equipment is 70 % complete for tranche 1, with remaining deliveries expected by end‑August 2025.

Key Details

• Project Schedule & Safety – Construction remains on schedule and budget; project has been LTI‑free with 3,917,695 hours worked since Jan 2023.
• Drilling Activity – Sabali pit drilling totaled 35,518 m in July; 32,184 samples are pending analysis. Drilling at Mansounia was completed last month. Results from Sabali expected in coming weeks.
• Process Plant & Power Station – Concrete work for both facilities is nearing completion (targeted for August). Oxide crusher ROM wall final lift and fuel tank slab also slated for August.
• Tankage Installation – Field‑erected tankage 83 % complete; CIL Train A (3 modules) and Train B (1 module) finished, with intertank launders installed. Minor internal platework remains on a few CIL Train B tanks.
• SAG Mill Progress – Trunnion bearing housings installed; six SAG mill shell segments erected; heads and trunnions arrived at port awaiting customs clearance; lubrication skids positioned.
• Structural, Mechanical & Piping (SMP) – 370 t of work completed (22 % of total), covering primary crushing, reclaim, milling, pipe racks, and leaching.
• Tailings Storage Facility (TSF) – Main eastern embankment construction ongoing; average elevation 416 m (north) and 411 m (south).
• Electrical Works – Cable ladder installation progressing across plant and power station; underground HV conduit near completion; first high‑voltage switchgear installations to begin shortly.
• Mining Services Contractor Mobilization – 70 % of tranche 1 equipment delivered; remaining tranche 1 items expected by Aug 30 2025; tranche 2 delivery planned for Sep 30 2025.
• Drilling & Blasting Contractor – Mobilization underway and on schedule.
• Next Steps – Continue steel erection, mechanical equipment installation, piping, mill installation, power station outfitting, award O&M contracts, advance mining development, continue Sabali drilling, and finalize solar PV plant supplier agreement.

Notable Quotes

“Now we are in the final few months of construction… we expect to finalize more items in the month ahead, with all major components remaining on track or ahead of schedule to ensure we reach our target of first gold in Q4.” – Matthew Wilcox, Managing Director & CEO

“With drilling at Mansounia completed last month, grade control drilling has focused on Sabali where we completed more than 35,000 metres in July… We expect to release results from Sabali drilling over the coming weeks.” – Matthew Wilcox, MD & CEO