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Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF | V.RBX.WT

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.


TSXV:RBX - Post by User

Post by ABDPhilon Dec 16, 2022 1:34pm
751 Views
Post# 35176301

Operational and economic efficiency

Operational and economic efficiency
To turn what's on top of those trucks into an asset requires a plant that can process more ore. For Robex, profitability is obtained by the volume treated rather than by the gold content, in addition to the reduction in costs, consequent to less material to be moved to the disposal site.
 
As each elevation is ~10 meters and has an inclination of ~70 degrees, try to imagine the initial costs and the tonnage to be moved to extract ores sometimes located at 100 or 150 meters deep. That said, the gold grade must be put into context with its distance from the surface. Otherwise, the analysis of the quality of a project is impossible. In other words, don't be put off by the gold content.
 
These factors are important but they represent only a fraction of the whole that enables Robex to achieve economic efficiency.

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