West Australian-focused gold exploration and development company Rox Resources (ASX: RXL) today provided its activities report for the three months to 30 June 2022.
During the quarter, Rox reported further high-grade drilling results at the Youanmi gold project, and an increase in Youanmi’s Near Surface Resource estimate to 1.0 million ounces of gold.
The resource upgrade was reinforced by excellent grade control drilling results from the Shallow Grace Resource at Youanmi.
Rox appointed MACA Interquip in April to complete feasibility level metallurgical testwork for the Youanmi open pit and underground resources design as well as costing of a dual-purpose processing plant to scoping level accuracy.
At the company’s 100% owned Mt Fisher gold project in the Northern Goldfields, approximately 500km northeast of Kalgoorlie, outstanding gold grades were reported from the December 2021 drilling campaign with high gold grades intersected across broad widths at the Damsel Prospect. Post Quarter end, Rox commenced further RC drilling at Mt Fisher on the Damsel Prospect to support future resource estimation.
During the quarter Rox welcomed the appointment of Mr Robert Ryan as a Non-Executive Director of the Company. Mr Ryan is a mining engineer with more than 20 years of experience in the resources sector, including exploration, resource development, feasibility studies, project development, mining operations and corporate merger and acquisitions.