Rox Resources Commences Major Youanmi Step Up Drill Program

THE DRILL SERGEANT: Rox Resources (ASX: RXL) has commenced a diamond and RC drilling program at the company’s Youanmi gold project in Western Australia.

Rox Resources is conducting the program targeting Resource conversion from the inferred into the higher confidence indicated category as well as increasing the current Minerals Resources Estimate.

Rox explained it has brought forward a Step up drill campaign into 2024 to streamline its Pathway to Production as it progresses a Definitive Feasibility Study that is currently on track for H2 2025.

The company anticipates receiving first assays from the program in February 2025, hopefully in time for the RIU Explorers Conference to be held in Fremantle.

“Rox is delighted to have commenced the major 2025 drilling program ahead of schedule as we further streamline the parallel workstreams to deliver the Youanmi DFS,” Rox Resources CEO Phillip Wilding said in the company’s ASX announcement.

“We’ll keep the drill bit spinning into the New Year to further test exciting targets identified in the highly successful 2024 program, of particular note are Katheleen/Youanmi North and Pollard.

“The high-grade targets under the Kathleen/Youanmi North pit are surrounded by underexplored ground where we see strong potential to add further early-access ounces to the mine plan.

“At Pollard we see real potential for repetitions of the Youanmi Main Lode, which has the potential to materially impact the mine plan.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE