Rox Resources Reports Additional High-Grade Gold Assays from Youanmi

THE DRILL SERGEANT: Rox Resources (ASX: RXL) reported new assays recent drilling undertaken at the company’s Youanmi gold project in Western Australia.

Rox Resources carried out Resource drilling at Youanmi focused on converting selected Inferred stopes within the current Mineral Resource of 16.2 million tonnes at 4.4 grams per tonne gold for 2.3 million ounces to the higher confidence Indicated classification at the Pollard, United North and Youanmi Main targets.

The drilling has also provided both sample material for metallurgical testing and geological data for a pending Definitive Feasibility Study planned for 2025.

Rox received assay data from RC and DD drilling at Pollard with key results from the program so far including:

RXDD109
8.11 metres at 44.62 grams per tonne gold from 290.96m;

RXDD124
3.22m at 4.95g/t gold from 292.03m;

RXDD109
3.19m at 4.84g/t gold from 238.53m;

RXDD113
1.04m at 7.54g/t gold from 280.57m; and

RXDD116
1.77m at 1.74g/t gold from 262.07m.

“The Rox exploration team has delivered more strong results,” Rox Resources CEO Phillip Wilding said in the company’s ASX announcement.

“This latest batch of assays will be important to converting Inferred areas of the Resource to the higher confidence Indicated classification.

“More excitingly, seeing these high-grade results in Pollard, along with the previously announced results in United North, really emphasises the potential for these high-grade shoots to extend, and will help with planning our next program to extend these resources that are still open.

“Pollard has been a very under explored area and has the potential to add significant ounces to the mine plan.

“The discovery of a new mineralised zone outside the Youanmi MRE is yet another example of the strong potential to add further high-quality ounces to the Resource.

“Rox’s 11,000 metres diamond and reverse circulation drilling program has been completed, with all assays expected before the end of the calendar year.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE