Robex Announces Top End of Production Guidance

QUEBEC CITY, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is pleased to announce production of 51,827 ounces (“oz”) achieving top end guidance of 48,000oz-52,000oz.

Company’s highlights in Q4 2023

• Gold production of 14,307oz of gold in Q4 2023, a 28% increase compared to 11,253oz in Q4 2022
• Processed 543,242 tonnes of ore at a head grade of 0.94 grams per tonne (“g/t”) of gold, a 5% increase of ore processed compared with Q4 2022
• Gold recovery of 87.5%, a 1.9% decrease compared with Q4 2022
  

Company’s highlights in 2023

• Gold production of 51,826oz, a 11% increase in production compared with 2022 and achieving top end guidance of 48,000oz-52,000oz
• Processed 2,224,890 tonnes of ore at a head grade of 0.81g/t of gold, a 10% increase of ore processed compared with 2022
• Gold recovery of 89.5%, a 1.0% increase compared with 2022
• Gold sales of 51,184oz, a 7% increase compared with 2022
• 4.0 million hours of work without lost time injury across all the Group
  

Daniel Marini, COO commented: “We are very pleased with our performance, especially our fourth quarter which saw the strongest performance this year. I would like to thank our team for achieving production targets while maintaining a high safety standard and results, with very encouraging results also in ESG. We have now integrated Mali and Guinea under one set of KPIs and we are looking forward to 2024. In conclusion, for Robex today's records are tomorrow's averages”.       

About Robex Resources Inc.

Robex is a multi-jurisdictional West African gold production and development company with near-term exploration potential. The Company is dedicated to safe, diverse and responsible operations in the countries in which it operates with a goal to foster sustainable growth. The Company has been operating the Nampala mine in Mali since 2017 and is advancing the Kiniero Gold Project in Guinea.

Robex is supported by two strategic shareholders and has the ambition to become a-tier gold producers in West Africa.

More Information

ROBEX RESOURCES INC.	FINANCIAL COMMUNICATIONS RENMARK INC.
Aurélien Bonneviot Chief Executive Officer Stanislas Prunier Investor Relations and Corporate Development [phone] E-mail: [e-mail] www.robexgold.com	Robert Thaemlitz Account Manager [phone] or [phone]