Robex Resources Inc. is pleased to announce that it has achieved commercial production at its Kiniero Gold Project in Guinea, having satisfied the commercial production criteria under both its Senior Secured Facility Agreement with Sprott and the Guinea Mining Code.
Commercial production status was achieved following the first shipment of gold on 11 February 2026. The shipment comprised approximately 197 kilograms of gold, equivalent to 6,336 troy ounces.
Under the Guinea Mining Code, the date of first commercial production is defined as the earlier of either the completion of a sustained period of production above a prescribed threshold or the date of the first shipment for commercial purposes. The Company confirms that the shipment constitutes the date of first commercial production for Kiniero under the Code.
In addition, Robex confirms that all relevant commercial production requirements under its senior secured financing arrangements with Sprott have been satisfied.
As at the end of January 2026, and following the successful ramp up of operations, Kiniero had processed approximately 393,000 dry metric tonnes of ore at an average head grade of approximately 1.0 g/t Au. Metallurgical gold recovery averaged approximately 88%, with mill availability of over 92%. Gold recovered totalled approximately 10,900 troy ounces, with approximately 5,550 troy ounces poured, reflecting the normal buildup of gold inventory within the CIL circuit during commissioning and early operations.
CEO Comment
Matthew Wilcox, Managing Director and Chief Executive Officer of Robex, commented:
“The delivery of our first commercial gold shipment marks a major milestone for Robex and reflects the successful ramp-up of operations at Kiniero. The performance of both the processing plant and the operating team has been strong as we transition into commercial production.
With Kiniero now in commercial operation and generating cash flow, the asset is positioned to support the development of Bankan as part of our transformative merger with Predictive Discovery. This milestone reinforces the strategic rationale for the combination and our objective of building a leading multi-asset gold producer.”
Plant Operational Performance
Since commissioning and through to early February, the Kiniero processing plant has demonstrated stable and improving performance as operations progressed through ramp-up.
Key reconciled metrics for the month ended 31 January 2026 are shown below:
| Kiniero Gold Operation, Guinea | Units | Jan-26 |
| Operating metrics | ||
| Ore processed | dmt | 392,678 |
| Average head grade | g/t Au | 0.98 |
| Metallurgical gold recovery | % | 87.9 |
| Mill availability | % | 92.3 |
| Mill operating time | % | 85.6 |
| Gold recovered | oz | 10,931 |
| Gold poured | oz | 5,547 |
| Gold in circuit | oz | 7,725 |
Operational Performance Charts
Throughput increased progressively through January, with higher daily processing rates achieved toward month-end following the ball mill coming online in mid-January and reaching sustained operating capacity by 24 January 2026. CIL Train B was brought online on 23 January with active carbon loaded, and by 25 January all circuits were fully operational.
Improved plant stability and increased operating capacity contributed to higher throughput, while short term variability reflects normal commissioning and ramp up conditions.
Figure 1: Daily Dry Tonnes Processed and Throughput Rate
ABOUT ROBEX RESOURCES INC.
Robex Resources is a Canadian gold mining company listed on the TSX-V and ASX, and headquartered in Quebec, Canada. Robex’s material properties consist of the Nampala Project in Mali and the Kiniero Project in Guinea.
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