11:54 AM EDT, 08/26/2025 (MT Newswires) -- (Updates shares.)

Robex Resources ( RSRBF ) said Tuesday it continues to advance construction of the Kiniero gold project in Guinea, with first gold expected in the fourth quarter.

The company said it aims to complete concrete works for the process plant and power station in August. The oxide crusher ROM wall final lift and power station fuel tanks slab are expected to be completed this month.

Field erected tankage is 83% complete while work on the smaller process plant tanks is underway. Mill installation is progressing and construction of the main eastern embankment of the tailing storage facility continues when weather permits, Robex said.

"Now we are in the final few months of construction, more components of the Kiniero plant are completed each month as our teams maintain a high level of effort," said chief executive Matthew Wilcox. "We expect to finalize more items in the month ahead, with all major components remaining on track or ahead of schedule to ensure we reach our target of first gold in Q4."

Robex shares were last seen down $0.15 to $3.08 on the TSX Venture Exchange.

Price: 3.20, Change: -0.03, Percent Change: -0.93