Rox Resources Hits High-Grade Gold Below Youanmi Resource - smallcaps.com.au
Gold
AI desk brief
Rox Resources reported 4.87m grading 15.13g/t gold from 584.13m below Youanmi’s United North resource, including 1.78m at 32.98g/t; these are drilling lengths, not stated true widths. Initial infill assays also supported resource continuity, with results pending from four of six completed holes. Youanmi’s September resource totalled 2.195 million ounces at 5.5g/t, and first gold is targeted for mid-2027. Management said further drilling confirmation could prompt evaluation of higher production and longer mine life; 150,000 ounces annually remains an aspiration, not committed output. The findings primarily affect Rox’s development outlook and do not establish a material near-term bullion effect.
Sources used
- S1 smallcaps.com.au via Google News — Rox Resources Hits High-Grade Gold Below Youanmi Resource - smallcaps.com.au