Gold exploration and development company Rox Resources (ASX: RXL) has reported further high-grade assay results from the recently completed 35,000m Step-up drill program at the Youanmi Gold Project in Western Australia.
HIGHLIGHTS
Latest high-grade assay results include:
- Youanmi Main
- RXDD183: 5.41m @ 4.20g/t from 471.2m
- RXDD185: 0.78m @ 8.48g/t from 344.9m
- Prospect
- RXDD194: 3.75m @ 11.05g/t from 206.3m
- RXDD194: 4.73m @ 4.88g/t from 77.3m
- RXDD192: 3.35m @ 6.33g/t from 193.6m
- United North and Hill End
- RXDD187: 3.84m @ 6.17g/t from 354.7m
- RXDD171: 4.02m @ 2.59g/t from 392.0m
- RXDD171: 4.58m @ 3.04g/t from 438.0m
- 35,000m Step-up drilling program completed ahead of schedule and under budget
- 27,000 diamond metres and 8,000 RC metres
- Drilling continues with 2 diamond rigs focused on extensional targets at Youanmi
- MRE upgrade on track for July 2025
Managing Director & CEO Mr Phillip Wilding commented:
“Completion of the Step-up drilling program ahead of schedule and under budget is a significant milestone as we advance the Youanmi Definitive Feasibility Study (DFS).
“These latest outstanding results have the potential to increase the mineral resource and reserve at Youanmi. The northern margin of Youanmi Main continues to deliver high grade intersections that will be incorporated into the resource and reserve upgrades, and results from Prospect appear to link Youanmi Main with Pollard, potentially adding high quality ore early in the mine plan.
“The team have now commenced preparation of the updated Mineral Resource Estimate (MRE), targeted for July 2025, which will underpin the DFS and new mine plan.
“Two rigs remain on site drilling, focused on extensional opportunities, which will continue over the coming months, although these will not be included in the MRE update.”
