Robex Resources Inc.

Description

Robex Resources Inc is a junior metal mining company that focuses on the exploration and development of mineral assets and properties situated in West Africa.

Robex Resources Inc’s stocks are traded on the TSX Venture Exchange under ‘RBX’ ticker symbol.

In addition, the natural resource mining company also list and trades its common stocks on the Frankfurt Stock Exchange Market (FRA) under the stock symbol ‘RB4’.

The Quebec-based gold producer has a mineral assets portfolio concentrated in Mali, West Africa.

Nampala Mine

On January 1, 2017, the company started gold production at the project site. The project includes a concentrator equipped to carry out standard production processes as the mine comprises low-grade mineralization.

In 2020, the Nampala deposit reported total production of approximately 50,348 ounces of gold.

Mininko Exploration License

Mininko Exploration License is located in southern Mali and encompasses a total area of nearly 62 square kilometers. The company holds a 100 percent interest of license subject to one percent of net smelter royalty.

Nampala mine lies in this exploration area.

Kamasso Exploration License encircles a total area of nearly 100 square kilometres. Robex wholly owns the exploration license with one percent royalty payment.

Sanoula License

The mining firm has a 100 per cent ownership of the license with one percent net smelter royalty. The permit includes a total area of roughly 31.5 square kilometers in western Mali.

Diangounte Exploration License
Diangounte Exploration License is 100 per cent owned by Robex and spans a total area of approximately 52.12 square kilometers.

Robex Resources Inc aims to efficiently manage its current projects and strategically exploit the upcoming opportunities and potentials to increase the wealth of its shareholders reportedly.

In a press release dated March 30, 2021, Robert Resources Inc acquired the Gladié exploration permit from gold fields that expands the overall landholding of the company to more than 200 square kilometres. In addition to the acquisition, the company commenced production in four new pits.