- Robex Resources (TSXV:RBX) is on pace for first gold pour at its Kiniero Project in Guinea by Q4 2025
- The project aims to become one of the largest and lowest-cost mines in the region
- The company has enlisted an experienced development team so that it can meet its target date
- Shares of Robex Resources are up 7.55 per cent to C$2.85 as of 11:35 am ET
Robex Resources (TSXV:RBX) has revealed that it is on pace for first gold pour at its Kiniero Project in Guinea by Q4 2025.
In a news release, the West African gold producer stated that the project aims to become one of the largest and lowest-cost mines in the region.
To meet its target production date of late next year, Robex Resources has listed an experienced development team.
“I am very pleased to provide shareholders with our first project development update for Kiniero with the expanded project, nearly doubling the previous plant size,” Matthew Wilcox, managing director at Robex Resources, said in a statement.
As the company advances towards first gold pour, some of its current and upcoming milestones include:
- Engineering for doubling plant capacity to 6Mtpa was awarded to Primero Engineering and is currently 24 per cent complete
- Additional Ball Mill awarded and scheduled for shipment in May 2025
- SAG Mill on track for Q1 2025
- Power station awarded with delivery from May 2025
- Tailings Storage Facility (TSF) expanded design commenced with Knight Piésold
- Civils contracts awarded, and concrete work has begun on-site
- Earthworks Fleet for TSF and infrastructure arrived in Guinea
- Electrical and instrumentation awarded to ECG Engineering
Additionally, an inferred resource drilling program for Mansounia is almost complete, which has had more than 32,000 metres of reverse circulation and more than 2,600 metres of diamond drilling completed.
As such, an updated feasibility study is on track for completion of the project by Q1 2025.
The Kiniero Gold Project is a 470-square-kilometre package of mining licenses in the prolific Siguiri Basin in Guinea and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses that are host to numerous deposits.
Robex Resources is Canada-based gold mining company focused on two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea.
Shares of Robex Resources (TSXV:RBX) are up 7.55 per cent to C$2.85 as of 11:35 am ET.
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