THE DRILL SERGEANT: Rox Resources (ASX: RXL) received drill results from the Youanmi gold project near Mt Magnet in Western Australia.
The results came to Rox Resources via its OYG Joint Venture partner Venus Metals (ASX: VMC) (Rox 70% and Manager, VMC 30%).
The latest results included high-grade assays from shallower parts of the Link area where drilling focussed on resource conversion and extensional growth to the recently reported resource inventory at Youanmi of 3 million ounces at 3.78 grams per tonne gold.
4 metres at 4.43 grams per tonne gold from 52m;
4m at 4.41g/t gold from 128m; and
10m at 1.39g/t gold from 76m, including 2m at 4.1g/t gold from 84m.
Other results were received from extensional drilling down plunge for the historical Hill End underground mine.
1m at 13.44g/t gold from 384m and 0.89m at 3.89g/t gold from 344m; and
2m at 5.41g/t gold from 286m and 0.39m at 3.44g/t gold from 334.72m.
“The further high-grade results from the Link area will likely contribute to the Youanmi Near Surface Resource,” Rox Resources managing director Alex Passmore said in the company’s ASX announcement.
“Results from near mine drilling further support the company’s belief in the potential for high-grade mineralisation near historic mine development.
“We look forward to providing an update on the Near Surface Resource in mid-April which consolidates near-surface drilling results.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE