GNW-Adhoc: Robex announces upper end of production forecast

^QUEBEC CITY, Jan. 24, 2024 (GLOBE NEWSWIRE) — Robex Resources Inc. (TSXV: RBX)

(“Robex” or the “Company”) is pleased to report a production of 51,827 oz

(?oz”), which represents the upper end of the forecast of 48,000 oz to

52,000 oz was reached.

Company Highlights in Q4 2023

* Gold production of 14,307 ounces of gold in Q4 2023, an increase of

28% compared to 11,253 ounces in Q4 2022

* Processed 543,242 tons of ore grading 0.94 grams gold per

ton (?g/t”), an increase in the amount of ore processed by 5% in

Comparison to Q4 2022

* Gold recovery of 87.5%, down 1.9% compared to Q4

2022

Company highlights in 2023

* Gold production of 51,826 ounces, an 11% increase in production in

Comparing to 2022 and reaching the upper end of the forecast of 48,000

Ounces to 52,000 ounces

* Processed 2,224,890 tonnes of ore grading 0.81 g/t gold, one

Increase in the amount of ore processed by 10% compared to 2022

* Gold recovery of 89.5%, an increase of 1.0% compared to 2022

* Gold sales of 51,184 ounces, up 7% compared to 2022

* 4.0 million working hours without accidents at work with downtime

entire group

Daniel Marini, COO, commented: “We are very happy with

our performance, particularly with the fourth quarter being the strongest in

was this year. I would like to thank our team for making the

Production goals while maintaining a high safety standard and with

has also achieved very encouraging results in the area of ​​ESG. We now have

Mali and Guinea integrated into a range of KPIs and look forward to the year

2024. In summary, for Robex today’s records are the

Tomorrow’s average values ​​are.”

About Robex Resources Inc.

Robex is a West African gold production and development company

with multiple locations and near-term exploration potential. The company

is committed to a safe, diverse and responsible

Doing business in the countries in which it operates is sustainable

to promote 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 aims to:

to become a leading gold producer in West Africa.

Further information

ROBEX RESOURCES INC. FINANCIAL COMMUNICATIONS RENMARK INC.

Aurelien Bonneviot

Chief Executive Officer

Robert Thaemlitz

Stanislas Prunier Account Manager

Investor Relations and Corporate

Development +1 416 644-2020 or +1 212 812-7680

+1 581 741-7421

Email: [email protected]

Email:[email protected] (mailto:[email protected]

(mailto:[email protected]) )

www.robexgold.com www.renmarkfinancial.com

(http://www.robexgold.com) (http://www.renmarkfinancial.com)

Forward-Looking Statement

Certain information contained in this press release is forward-looking

statements” and “forward-looking information” within the meaning of the applicable

Canadian securities laws (hereinafter referred to as “forward-looking statements”

designated). Apart from statements about historical facts, certain…

The information contained herein constitutes forward-looking statements

other statements regarding: the potential development

and exploitation of the Mansounia Central deposit or the Kiniero project as well

the Company’s existing mineral properties and business plan,

including completing feasibility studies or meeting

production decisions relating thereto; the future financial or

operational performance of the Company, the Mansounia Central deposit and

the Kiniero project; the results of the work carried out to date; the

Realization of mineral resource and mineral reserve estimates; the

Development, the operational and economic results of

Pre-feasibility studies conducted for the Mansounia Central deposit

will or will not, including cash flows, earnings potential, potential for

a phased development, capital expenditure, development costs and their

timing, mining rates, mine life and cost estimates; Size

or quality of mineral deposits; expected further development of the

Kiniero project including mine plan; Exploration expenditures, costs and

schedule for the development of new deposits; exploration potential and

-opportunities at the Mansounia Central deposit; Cost and schedule for

future exploration; Conclusion and schedule for future ones

development studies; estimates of metallurgical recovery rates;

expected progress of the Mansounia Central deposit, the Kiniero

project and future exploration prospects; the need for additional

Capital; the future price of metal; the government regulation of

mining operations; environmental risks; the schedule and possible outcome of

pending regulatory matters; the realization of the expected

Economics of the Mansounia Central deposit and the Kiniero project;

and the future growth potential of the Mansounia Central deposit.

Forward-looking statements are often identified by the use of words such as

“can”,?will”,?could”,?would”,?anticipate”,?believe”,?expect”,

“intend”,?potential”,?estimate”,?budget”,?planned”,?plan”,

“anticipate”, “forecast”, “goals” and similar expressions.

Forward-looking statements are based on a number of factors and assumptions,

made by management and at the time of deployment

this information is considered appropriate. Regarding the assumptions and

Factors include: the company’s ability to achieve its planned

complete exploration programs; the absence of adverse circumstances

Kiniero Project or at the Mansounia Central deposit; no

unforeseen operational delays; no significant delays

in obtaining the necessary permits; the price of gold, which is based on one

Level remains that of the Mansounia Central deposit and the Kiniero project

economic power; the company’s ability to continue to do so

capital required to finance operations and repay

to raise short-term liabilities; and the ability to

Realize mineral resource and mineral reserve estimates.

Forward-looking statements necessarily involve known and unknown factors

There are risks and uncertainties that may result in the

actual performance and financial results in future periods

significantly from any projections of future performance or results

differ from those expressed or expressed in such forward-looking statements

be implied. These risks and uncertainties include, but are not limited to:

general business, economic and competitive uncertainties;

the actual results of current and future exploration activities;

geopolitical risks, political risks associated with mining

developing countries; Conclusions more economical

Reviews; the arrival of various expected cost estimates; Advantages

the use of certain technologies; Changes to project parameters and/or

economic assessments as plans are further refined;

future metal prices; possible fluctuations in mineral content or the

recovery rates; the risk that the actual costs exceed the estimated ones

costs exceed; geological, mining and exploration problems;

Failure of plant, equipment or processes not as expected

function; Accidents, work conflicts and other risks

mining industry; Delays in obtaining regulatory approvals

or financing; the speculative nature of mineral exploration and

-development (including the risks associated with obtaining the

necessary licenses, permits and approvals from the authorities

are connected); property rights; the impact of COVID-19 on the

timing of exploration and development work and the capability

management to anticipate and manage the aforementioned factors and risks

get over. Although the company has tried to take into account important factors

identify that could lead to the actual actions,

Events or results may differ materially from those set forth in the forward-looking statements

Statements described may vary, there may be other contributing factors

cause actions, events or results not to occur as expected,

estimated or intended. Readers are advised to read the

Take note of and take into account risk factors that are included in the

disclosed in the Company’s disclosure documents. To one

more complete discussion of these risk factors and their potential

To obtain impact, you can click on the company’s profile on SEDAR

access at www.sedar.com.

There can be no assurance that forward-looking statements will prove to be correct

prove to be true or even bring advantages to Robex, as the actual ones

Results and future events could differ materially from those expressed in such statements

expected. The company is not obliged to

to update forward-looking statements if circumstances or the

Management estimates or opinions should change unless this

is required by applicable securities laws. Those contained herein

Forward-looking statements are intended to assist investors in understanding the plans,

To understand the company’s objectives and goals, and may be

not suitable for other purposes. There are no forward-looking statements

Guarantee of future performance and the reader is cautioned not to

to place undue reliance on forward-looking statements.

Please see the “Risk Factors” section of the annual

Company information form for the period ending December 31, 2022

Fiscal year from April 28, 2023 as well as the section?Risks and

Uncertainties” of the management discussion and analysis from April 28, 2023

for the financial years ending December 31, 2022 and December 31, 2021 and

the discussion and analysis of the company’s management dated August 28, 2023

for the six-month periods ending June 30, 2023 and June 30, 2022, which

all electronically on SEDAR at www.sedar.com (http://www.sedar.com/)

Are available. All forward-looking statements contained in this press release

Statements are expressly qualified by these warnings.

Neither TSX Venture Exchange nor its regulation service providers (as applicable).

the definition of that term in the policies of the TSX Venture Exchange)

accept responsibility for the appropriateness or accuracy of these

Press release.

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