Robex Resources Inc. is pleased to report its financial results for the quarter ending September 30, 2020. All amounts presented are in Canadian dollars . Highlights of the third quarter of 2020: GOLD SALES INCREASED BY 80% Over the third quarter of 2020, 18,121 ounces of gold have been sold for a total of CAD 45.9 M, including all 7,831 ounces of the gold ingot stocks from June 30 for a total of CAD 19.5 M, compared to [...]
Robex Resources Inc. and Vivo Energy, which sells and distributes Shell and Engen branded fuels and lubricants in Africa, have reached an agreement for Vivo Energy to supply solar energy to the Nampala mine for a period of five to fifteen years. Christian Chammas, CEO of Vivo Energy, made the following comments about the transaction: “This project with Robex is Vivo Energy’s first contract with one of our commercial [...]
Robex Resources Inc. announces that it has filed with SEDAR the technical report titled “NI 43-101 Technical Report, Mineral Resource and Mineral Reserve Estimates for the Nampala Gold Mine ” signed and dated October 23, 2020. The latest Mineral Resource Estimate and the Mineral Reserve Estimate are summarized in the next paragraphs. They required an update for the following motives: The Nampala Phase 4, containing 410 [...]
Robex Resources Inc. has been informed of the filing of an application for relief orders in the Quebec Superior Court by a very small group of minority shareholders. The allegations contained therein against the Company, its directors, officers and the Cohen family are unfounded and untrue. Robex intends to vigorously challenge the claim and set the record straight under the applicable procedure. The Company follows the [...]
Robex Resources Inc. is pleased to publish a progress report on its current exploration campaign. Robex announced the execution in 2020 of an important exploration campaign on the NAMPALA site. This campaign’s operations targeting 8 zones, including 3 for definition, 3 for exploration and 2 for condemnation, have been delayed this year due to the COVID-19 pandemic and the significant rainy season. For this campaign, 3 [...]
Robex Resources Inc. is pleased to report financial results for the quarter ending June 30, 2020. All amounts presented are in Canadian dollars . Highlights of the second quarter of 2020: GOLD PRODUCTION INCREASED BY 15% Gold production reached 13,921 ounces compared to 12,089 ounces during the same period in 2019. The 13% increase in the ore processed at the Nampala plant and the improved recovery rate are factors [...]
Robex Resources Inc. 2020 Annual General Meeting of Shareholders: On June 26, 2020, the Company held their annual general meeting of shareholders via live video webcast. At this meeting, the following directors were re-elected for a one-year term: Mr. Georges Cohen, Mr. Richard Faucher, Mr. Benjamin Cohen, Mr. Claude Goulet, Mr. Michel Doyon, Mr. Christian Marti and Mr. Julien Cohen. Robex Resources Inc. shareholders [...]
Robex Resources Inc. announced that Mr. Georges Cohen, Benjamin Cohen and Julien Cohen exercised a total of 8,500,000 stock options on June 10, 2020 at a price ranging from $0.09 to $0.13 per share for a total of 8,500,000 common shares of Robex allocated as follows: Number of common shares acquired following exercise of stock options Price per share Total Georges Cohen 3,000,000 $0.09 $270,000 Benjamin Cohen 1,250,000 [...]
Robex Resources Inc. files a modified version of the lastest NI 43-101 Technical Report. Following a letter of observation transmitted by the AMF on March 9, 2020, a modified version of the previously released report on August 9, 2019 titled “Mineral Resource and Mineral Reserve Estimates for the Nampala Gold Mine” is released. This new report, titled “Modified NI 43-101 Technical Report, Mineral Resource and Mineral [...]
Robex Resources pleased to publish their financial results for the quarter ended March 31, 2020. All amounts are in Canadian dollars. Highlights for the first quarter of 2020: 32% INCREASE IN GOLD PRODUCTION The gold production totalled 14,918 ounces compared to 11,291 ounces produced during the same period in 2019. The 12% increase in the quantity of processed ore at the Nampala plant, the improvement of the average [...]
Robex Resources is pleased to report initial encouraging results from the 2020 exploration program. The 2020 exploration programme began with areas around the main Nampala pit. The exploration system was set up on February 5 in the E2 zone with a first drill, followed by the addition of a second drill on February 14 and a third drill on March 20. Management’s decision to completely confine the Nampala site given the [...]
Robex Resources is pleased to publish their financial results for the year ending December 31, 2019 and their production results for the first quarter of 2020. All amounts are in Canadian dollars. Highlights for the year 2019: 24% INCREASE IN GOLD PRODUCTION This progression is the result of continuous efforts to optimize the Nampala plant, which have increased the quantity of processed ore and improved the average [...]