Rox Resources Uncovers Multiple High-Grade Gold Zones at Youanmi

Exploration Momentum Builds at Youanmi

Rox Resources Limited (ASX, RXL) has delivered a compelling update from its ongoing drilling campaigns at the Youanmi Gold Project in Western Australia. The recent assays reveal multiple high-grade gold intersections, expanding the known mineralisation footprint and underscoring Youanmi’s potential as a high-grade, large-scale gold project.

The company’s latest results come on the heels of a July Mineral Resource Estimate (MRE) that pegged Youanmi’s resources at 2.2 million ounces of gold at an impressive grade of 5.6 grams per tonne. This positions Youanmi among the highest-grade emerging gold projects in the country.

Key Intersections Highlight Growth Potential

Drilling between the Bunker pit and Paddy’s lodes has yielded notable gold mineralisation, including a 6-meter interval grading 2.32 g/t gold, with a high-grade segment of nearly half a meter at 17.5 g/t. Adjacent to the Youanmi and Bunker pits, Rox reported strong results such as 5.3 meters at 6.34 g/t and 4.12 meters at 14.86 g/t, reinforcing the continuity and expansion potential of these zones.

Importantly, the first diamond drilling at the Currans prospect, located 20 kilometers south of Youanmi, returned a standout intercept of 3 meters at 19.05 g/t gold. This discovery not only adds a new high-grade target within Rox’s tenement package but also provides valuable geological insights to guide future exploration.

Strategic Implications for Development

Managing Director Phill Wilding emphasized the significance of these results, noting that the multiple gold intersections outside the current resource base highlight the potential to grow the system further. The high-grade assays near existing pits bolster confidence in resource expansion, while the Currans prospect results open new avenues for exploration.

These developments come as Rox prepares its Definitive Feasibility Study (DFS), a critical step towards advancing Youanmi towards production. The company’s methodical approach; combining brownfields drilling near known resources with regional exploration; demonstrates a balanced strategy to maximise value from its landholding in the Murchison region.

Looking Ahead

Ongoing drilling programs are underway to test extensions of mineralisation, with assay results from several holes expected in the coming weeks. Rox’s commitment to rigorous sampling, quality control, and detailed geological analysis underpins the robustness of these findings.

As Rox Resources continues to unlock Youanmi’s potential, the market will be watching closely for further assay results and progress on the DFS, which together will shape the project’s path to becoming a significant gold producer.