10:37 AM EDT, 04/02/2025 (MT Newswires) -- Robex Resources ( RSRBF ) was at last look up more than 4% at 52 week highs after saying Wednesday that it continues to advance construction of the Kiniero gold project in Guinea, West Africa, with first gold pour remaining on track for the fourth quarter.

Robex said it expects to produce 155,000 ounces of gold at Kiniero in 2026.

The company said the SAG and ball mill concrete foundations are 100% complete, while structural steel and platework fabrication are 55% complete.

Concrete work for the process plant is progressing on schedule, with 85% of concrete poured to date. Tank structures are 42% complete.

"It is exciting to see this project taking shape, and our teams working together in a safe and responsible manner to achieve this deadline," said Matthew Wilcox, Robex's CEO and managing director. "It continues to be incredibly busy on site with many key aspects of the project now coming into play. We are keeping a close eye on our targets to ensure they remain achievable as we work towards first gold by the end of the year."

The company's share price was up 4.4% at last look to $3.25 on the TSXV.

Price: 3.29, Change: +0.14, Percent Change: +4.44