September 2025 Quarterly Activities Report

Core Viewpoint - Robex Resources Inc. is making significant progress on the Kiniero Gold Project in Guinea, with mining operations underway and construction on track for the first gold pour in Q4 2025. The company also reported continued strong performance at the Nampala Gold Mine in Mali despite challenging conditions [1][5][7]. Group 1: Kiniero Gold Project Progress - The Kiniero Gold Project construction is on schedule, with mining operations having commenced and ore being delivered to the run-of-mine (ROM) pad [3][6]. - Key milestones achieved include major progress on the process plant, completion of critical concrete works, and advancements in the installation of CIL tanks and SAG mill [4][12]. - The project has recorded over 4.8 million lost time injury (LTI)-free hours, reflecting a strong safety performance [7][29]. Group 2: Nampala Gold Mine Operations - During the September 2025 quarter, Nampala produced 9,774 ounces of gold, with year-to-date production totaling 34,401 ounces at an all-in sustaining cost (AISC) of C$2,555 per ounce [25][29]. - The total material mined at Nampala was 1,941,442 tonnes, comprising 353,818 tonnes of ore and 1,587,604 tonnes of waste, resulting in a stripping ratio increase to 4.48, a 64.7% rise from the previous quarter [25][29]. - The average realized selling price for gold was C$4,518 per ounce, significantly above the budgeted C$3,197 per ounce [39]. Group 3: Financial Developments - Robex raised C$148.2 million through the acceleration of the expiry of its 2024 warrants, strengthening its balance sheet and demonstrating strong investor confidence [7][38]. - The company amended its US$130 million senior facility with Sprott, unlocking up to US$90 million to support the Kiniero Gold Project development [7][33]. - The company’s issued capital increased from 218,202,805 shares at the end of June 2025 to 244,079,269 shares by the end of September 2025 [34]. Group 4: Community Engagement and CSR - Robex maintained strong engagement with host communities through various social initiatives, including the construction of community centers and improvements to local healthcare services [15][27]. - The company contributed approximately C$353,000 to the local mining development fund and supported education and training programs for local youth [27][39]. - Environmental and safety practices were emphasized, with no reportable environmental incidents during the quarter [29][39].