West Australian gold exploration and development company Rox Resources (ASX: RXL) has commenced a major step up drilling program ahead of schedule at its 100% owned Youanmi Gold Project in WA.
The ~25,000m DD and ~10,000m RC program is targeting Resource conversion from inferred into indicated and Resource Growth. Rox have brought forward the step-up drill campaign into 2024 to streamline its Pathway to Production as it progresses the Youanmi DFS, which is on track for H2 2025.
Rox said first assays are expected in February 2025, and it expects to complete the program by May 2025.
RC contracts were awarded to Strike Drilling and diamond drilling contracts to DDH1 Drilling.
Rox Resources’ Chief Executive Officer, Phillip Wilding, commented:
“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.”
“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.”