Rox Resources (ASX:RXL) reports high-grade drill results at Youanmi Gold Project

Rox Resources Limited (ASX:RXL) has reported significant high-grade assay results from the Paddy's Lodes prospect at its 2.3Moz Youanmi Gold Project in Western Australia. The company has completed the near-mine exploration program, with five RC-diamond holes drilled at Paddy's Lodes, all of which returned substantial gold intersections located down-dip and along strike from previous drilling in 2023.

Executive Commentary on High-Grade Drill Results

The highly successful recent drilling at Paddy's Lodes reinforces the strong growth potential at Youanmi. Since the discovery of Paddy's Lodes in 2023, we have strengthened our geological understanding of the controls on the high-grade mineralisation through increased structural and geochemical analysis. The results have shown that there is significant potential within the >200m long corridor between Paddy's and Pollard to grow the Resource and increase the life and scale of the Project outlined in the recent PFS. With recent drilling from Pollard awaiting assay and drilling now underway at United North and Youanmi Main, we expect to generate significant continued news-flow from the program.

Summary of High-Grade Drill Results and Outlook

Rox Resources Limited (ASX:RXL) has announced significant high-grade assay results from the Paddy's Lodes prospect at its 2.3Moz Youanmi Gold Project in Western Australia. The results confirm the extension of high-grade mineralisation at Paddy's, indicating growth potential for the project. The company's Chief Executive Officer, Robert Ryan, expressed confidence in the continued news-flow from the ongoing drilling program, highlighting the potential to increase the Resource and extend the life and scale of the Project. The discovery of significant gold grades at Paddy's has guided Rox's exploration strategy, and the company plans to further test both trends at up and down dip and along strike. Rox Resources aims to leverage the recent drilling success to expand the Resource and enhance the Youanmi Gold Project's overall potential.