Mr. Matthew Wilcox reports

ROBEX PROGRESSES KINIERO TOWARD FIRST GOLD IN Q4 2025

Robex Resources Inc. provided a March, 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. Robex expects to produce 155,000 ounces of gold at Kiniero in 2026.

Highlights:

• Construction at Robex's Kiniero gold project, Guinea, remains on schedule and budget -- first gold pour on track for Q4 CY25;
• Project remains LTI free (lost-time injury);
• Grade control drilling phase 1 contract awarded; drilling has commenced;
• SMP (structural, mechanical and piping) contract for process plant construction awarded; contractor to mobilize in May, 2025;
• Process plant engineering and detailed design are complete;
• The first four power station engines and generators are nearing completion, with testing scheduled for mid-April at Hyundai's factory;
• Purchase orders raised for key mechanical and electrical equipment including Train B CIL agitators, pebble crusher and conveyor drives;
• Primary crusher ROM wall completed, and ROM pad backfilling has commenced;
• SAG and Ball mill concrete foundations are 100 per cent complete;
• Structural steel and platework fabrication at 55 per cent complete, with four shipments of structural steel collected and in transit to Kiniero. Platework deliveries will commence next month;
• Concrete work for the process plant is progressing on schedule, with 85 per cent (7,065 cubic m) of concrete poured to date. Concrete work for the power station and fuel storage has commenced;
• Tank structures are 42 per cent complete, with all six tanks for the CIL Train A circuit at full height;
• Clearing for the tailings storage facility (TSF) is complete and the TSF base is being progressively prepared. Lining (HDPE) commenced with more than 90,000 square metres laid in March.

Robex's managing director and chief executive officer, Matthew Wilcox, said:

"Kiniero continues to progress to schedule and budget and we remain on track to achieve first gold pour at the project in Q4 2025. It is exciting to see this project taking shape, and our teams working together in a safe and responsible manner to achieve this deadline. It continues to be incredibly busy on site with many key aspects of the project now coming into play. We are keeping a close eye on our targets to ensure they remain achievable as we work towards first gold by the end of the year."

Construction activities

Construction continues to track well against the schedule, with the SAG and ball mill foundation completed. The primary crusher ROM wall is now complete, and backfilling of the ROM pad has commenced. Lining of the tailings storage facility commenced in March. Power station concrete works commenced with excavation and blinding of the engine bases.

Next steps

• Award major contracts including mill installation, mining, haulage, and drill and blast;
• Commence design of the solar farm;
• Mobilization of SMP contractor in Q2 2025;
• Mobilization of mining contractor in Q3 2025.

Robex remains very well positioned to advance the construction of Kiniero, which remains on schedule to realize first gold production by Q4 CY25. Robex expects Kiniero to produce 155,000 oz gold in 2026.

We seek Safe Harbor.