.Kiniéro Delivers First Ore to Mill, Begins Operations

12/11/2025 – 10:39 PM

Highlights:

• Robex delivered the inaugural ore charge to the Kiniéro mill as part of commissioning activities.
• Processing‑plant commissioning is proceeding according to schedule.
• MEI systems are operating within design parameters.
• First gold pour is on track for December 2025.
• Commercial production ramp‑up is projected for Q1 2026.

Figure 1: First ore being delivered to Kiniéro mill

QUEBEC CITY, Dec. 11, 2025 (GlobeNewswire) – West African gold producer Robex Resources Inc. (ASX: RXR | TSX‑V: RBX) reported that the first ore charge has been trucked to the Kiniéro processing plant in Guinea, marking a critical step toward the project’s inaugural gold pour.

Commissioning activities at the Kiniéro plant continue to progress on schedule, with mechanical, electrical and instrumentation systems performing in line with engineering designs. The successful ore delivery confirms that the bulk‑handling and feed‑system infrastructure is operational and ready for sustained throughput.

Robex remains on schedule to achieve its first gold pour in December 2025, followed by a gradual increase in output aimed at reaching commercial‑scale production in the first quarter of 2026.

Matthew Wilcox, Managing Director and Chief Executive Officer, Robex Resources said: “The delivery of the first ore to the Kiniéro plant marks a tangible milestone in our commissioning program and brings us a step closer to the first gold pour this month. As we advance through the start‑up phase, we are focused on optimizing plant performance, confirming metallurgical recoveries, and scaling operations to meet our mid‑term production targets.”

Robex’s strategic vision is to become a leading mid‑tier gold producer in West Africa. The Kiniéro project, with an estimated 1.2 million‑ounce resource, is positioned to benefit from the region’s relatively low mining costs, abundant labor pool, and favorable geological endowment.

Figure 2: First ore being delivered to Kiniéro mill

Analysis

Robex’s progress at Kiniéro underscores a broader trend of accelerated development timelines among junior miners operating in West Africa. The region’s robust infrastructure improvements—particularly in transport corridors and power supply—have reduced capital intensity for new projects, allowing developers to move from feasibility to production in under three years.

From a technical standpoint, the early validation of the plant’s MEI systems is a strong indicator that the design margins are appropriate. This reduces the risk of costly retrofits during the ramp‑up phase, which historically erode profit margins for new gold producers. Moreover, the initial ore charge will enable the company to generate first‑pass metallurgical data, a critical input for fine‑tuning leach circuit parameters and confirming the projected 93 percent gold recovery rate cited in the feasibility study.

Financially, achieving the first gold pour on schedule will allow Robex to meet its near‑term cash‑flow targets, mitigating the need for additional interim financing. The upcoming commercial production ramp‑up aligns with the company’s debt‑facility covenants, which are contingent upon reaching a minimum of 100,000 ounces of annual output. Successful execution could unlock further drawdowns under its existing credit facilities and improve the company’s leverage ratios.

Strategic investors will likely view the Kiniéro milestones as a catalyst for share‑price appreciation, especially given the current bullish sentiment in the gold market driven by inflationary pressures and geopolitical uncertainties. However, investors should remain mindful of operational risks typical to frontier mining—including permitting delays, community relations, and commodity price volatility.

Forward‑Looking Statements

This release contains forward‑looking statements concerning Robex’s anticipated production schedule, financial projections, and operational performance. Such statements are subject to risks and uncertainties, including but not limited to: variations in gold price, execution of the commissioning plan, receipt of required permits, successful financing, and unforeseen technical challenges. Actual results may differ materially from those expressed in these forward‑looking statements. Readers are cautioned not to place undue reliance on these statements.