Rox Resources (ASX:RXL) has announced the third batch of high-grade gold assay results from its 11,000m drilling program at the Youanmi Gold Project in Western Australia. The results aim to enhance confidence in resource classification and support a future Definitive Feasibility Study.
Rox Resources has made significant progress with its drilling program at the Youanmi Gold Project, reporting high-grade assay results that confirm the potential for resource expansion. The unexpected discovery of the Interceptor Prospect indicates further opportunities for growth. The company's ongoing efforts aim to convert selected Inferred resources to Indicated status, providing critical data for a Definitive Feasibility Study. Rox Resources remains committed to advancing its exploration initiatives and potentially restarting mining operations at Youanmi, with further drilling and analysis planned to continue strengthening its resource base.
The drilling has confirmed a strike extension of gold mineralization to both the north and south of the main Youanmi Mine area. Importantly, a new mineralization zone, the Interceptor Prospect, was unexpectedly discovered outside the Pollard Resource.