Robex Resources (RBX) Corporate Presentation summary

Strategic focus and objectives

• Prioritizing development of the Kiniero Gold Project in Guinea, with plans to spin out the Nampala operation in Mali to focus resources on Kiniero.

• Targeting first gold production at Kiniero by Q4 2025, with construction of a new 3Mtpa CIL plant underway and all permits secured.

• Aiming to list on the ASX and delist from TSX-V, with a new management team and board appointed to drive execution.

• Committed to responsible mining practices and maintaining a disciplined buy-and-build approach to become a mid-tier producer.

• Exploration strategy focuses on expanding resource inventory and near-mine oxide production.

Kiniero project highlights and financials

• Kiniero has an indicated resource of 1.48Moz gold and a probable reserve of 1Moz, with a 9.5-year mine life based on the June 2023 DFS.

• Projected annual production is over 150koz at a low AISC, with a forecast AISC of $980/oz and average annual EBITDA of $72–108 million.

• Pre-production capex is $160 million, with an NPV5% of $257–453 million and IRR of 42–67% at gold prices of $1,850–2,300/oz.

• Over $55 million invested to date, with FEED work completed and all major permits in place.

• Project financing package targeted for close in 2H 2024, with debt drawdown and construction milestones mapped to deliver first gold by Q4 2025.

Exploration and resource growth

• Kiniero district offers significant exploration upside, with resources drilled only to shallow depths and most drilling ending in mineralization.

• Mansounia addition brings an indicated resource of 303koz at 1.00g/t, with infill drilling ongoing and 80% of resources less than 70m from surface.

• High historical resource conversion ratio (70% M&I), with discovery costs under $10/oz and a 23% increase in indicated resources in the latest update.

• Long-term exploration targets in largely unexplored northern blocks, with soil samples pending and proximity to major deposits like Bankan.

• Near-mine exploration at Sabali, Mansounia, and SGA Complex continues to add economic oxide ounces to the mine plan.