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:

• Construction at Robex's Kiniero gold project, Guinea, remains on schedule and budget -- first gold pour on track for Q4 2025.
• Project remains LTI free (lost-time injury) with 3,666,920 hours worked since January, 2023.
• Phase 1 grade control drilling completed at Mansounia; drilling at Sabali advancing with results pending.
• Final major concrete works completed; process plant concrete approximately 97 per cent complete.
• Mill installation underway with base plates aligned and SAG mill shell erection in progress.
• Tailings facility phase 1A liner installation complete; mining contracts signed and equipment mobilized.

Kiniero project development update -- June, 2025

Kiniero construction activities summary

• Construction at Kiniero continues to track well against the schedule, with the majority of concrete for the process plant complete.
• Six shipments of structural steel have been received on site, with the first platework shipment expected on site within days.
• Mechanical and piping materials are arriving, which opens work fronts for the SMP contractor.
• The power station SMP contractor has commenced mobilization to site, with works to commence in early August, 2025.
• The electrical and installation team of 15 people has commenced mobilization to site, with additional members to mobilize over the coming months as the work fronts open.
• Cable ladder installation works have commenced on the pipe racks.

Grade control drilling

• Phase 1 grade control drilling at Mansounia pit completed, focusing on zones identified for early stage mining.
• Drilling at Sabali pit commenced with 16,990 metres drilled as at June 30 and 84,982 samples collected. Results pending.

Process plant construction

• Final major concrete pour completed on reclaim suspended slab. Process plant concrete is approximately 97 per cent complete.
• Power station concrete progressing with 958m3 poured to date; expected completion in early August, 2025.
• Field tank structures are 73 per cent complete. Both CIL tank trains completed at full height; work on remaining process plant tanks commenced.
• Structural steel and platework fabrication completed, with final shipments being collected.
• SMP (structural, mechanical and piping) works progressing well with 284 tonnes erected in the milling building, pipe racks, HV switch room and top of tank CIL.

Mill installation

• Mill installation contractor has mobilized to site. Survey of both SAG and ball mills was completed.
• Baseplates for the SAG mill trunnion bearings, pinion and drive train were installed and aligned. The erection cradle was positioned and set up for SAG mill shell erection and the bottom half of the ring gear guard installed.
• Three-hundred-tonne crane crawler assembled, with certification under way for mill component lifts.

Tailings storage facility

• Preparation of phase 1A of tailings storage facility complete with 680,589 square metres of liner installed.
• Construction of the main eastern embankment continues when weather permits, currently at an average level of 415 metres.

Mining and infrastructure

• Mining and drill and blast contracts signed, with the first delivery of mining equipment mobilized to site.
• Geotechnical drilling for a solar farm completed; contract discussions with the provider are continuing.
• Overland piping installation works have commenced with more than 3,500 m of piping welded.

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

"We are now just several months away from first gold at Kiniero in Q4, and I continue to be impressed with how the project is taking shape and the level of professionalism and safety our teams demonstrate in their work on site each day.

"Many major aspects of construction are nearing completion; phase 1 grade control drilling at Mansounia is complete and has returned high-grade gold results as reported earlier this month, with drilling now under way at Sabali. Other components of the project, such as our tailings storage facility, are under way and progressing well.

"Contractors including our mining and drill and blast teams are preparing to get to work on site, now that contracts are finalized, and their equipment is arriving on site so they can maintain our schedule for first gold."

Next steps

• Complete all process plant and power station concrete;
• Erection of main mill components;
• Commence power station SMP works;
• Continue with erection of steelwork within the process plant;
• Continue drilling of Sabali pit;
• Award the ore haulage contract;
• Award the laboratory and power station operation and maintenance contracts;
• Complete procurement of critical, operating and maintenance spares, and reagent first fills.

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.