Robex Resources Inc V.RBX.WT

Robex's 3.4 Million Oz Gold Resource Project

[Betteryear2]

37 Views Sep 18, 2024

In this interview with Matthew Willcox, CEO & Managing Director of Robex Resources Inc. (TSXV: RBX) at the Precious Metals Summit 2024 in Beaver Creek, we discuss the company's gold mining operations and future prospects. Willcox highlights Robex's producing asset in Mali, generating about $2 million in monthly free cash flow, and their development project in Guinea with 3.4 million ounces in resource. He addresses the disconnect between gold prices and mining equities, emphasizing Robex's focus on developing assets and returning value to investors. Willcox also provides insights into the mining jurisdictions of Mali and Guinea, touches on potential M&A activity, and outlines upcoming milestones including a new Definitive Feasibility Study and plans to list on the ASX.
Robex's 3.4 Million Oz Gold Resource Project (youtube.com)

[ABDPhil]

A mineral resource estimate of 3.4 million ounces is great, but Robex is not stopping there.   Drilling continues, and the depth is limited to about 100 meters. Below that, and in other directions, mineralization continues, represented by arrows annotated "open" in the various diagrams.   This means that cash is allocated to defining exploitable resources in the near