West Australian gold exploration and development company, Rox Resources (ASX: RXL), has received the second batch of assays from its 11,000m DD and RC program at the Youanmi gold project in WA.
HIGHLIGHTS:
- Second batch of assays received from high-impact, 11,000m Diamond Drilling (DD) and Reverse Circulation (RC) drilling program at the Youanmi Gold Project
- First assays returned from series of five diamond holes at United North
- Highlights:
- RXDD129: 30.12m @ 19.81g/t Au from 324.50m
- Including 23.94m @ 24.70g/t Au from 324.5m
- RXDD129: 30.12m @ 19.81g/t Au from 324.50m
- With much of recent drilling focussed on Youanmi Main, Link, Paddy’s and Pollard, strong intercepts to the north add confidence to extending the resource corridor
- Final component of program underway, with all assays expected before end of calendar year
The program is focused on converting selected Inferred stopes at Pollard, United North and Youanmi Main to the higher confidence Indicated classification.
This consignment of diamond core assays are the first results received from diamond drill core tails drilled at United North.
Rox Resources’ Chief Executive Officer, Phillip Wilding, commented:
“Through strategic and systematic drilling at Youanmi we continue to grow our understanding. Drilling at United North is our first recent endeavour to track mineralisation north and builds on recent developments in understanding mineralisation regionally.
“These assays show potential repetitions of high-grade channel shoots within the growing United North mineralisation envelope, and we look forward to updating the market once the remaining assays are returned.
“Importantly, we have also produced valuable sample material required for metallurgical testing as we progress the Definitive Feasibility Study.
“The final component of this program is near completion and consists of three diamond tails to test mineralisation along secondary structures propagating from the major Youanmi Shear Zone at Youanmi North.
“We anticipate all results from the program before the end of the calendar year.”