Rox Resources Strikes High-Grade Gold at Youanmi, Accelerating Path to Production
Rox Resources Limited (ASX: RXL) has announced the completion of their 35,000-meter Step-up drill program at the Youanmi Gold Project in Western Australia, delivering multiple high-grade gold results at Rox Resources that strengthen the project's development pathway.
The campaign, which finished ahead of schedule and under budget, continues to validate the high-grade nature of the 1.8-kilometer Youanmi mineralised corridor, with assay results confirming extensions to known deposits and identifying new mineralised zones.
Step-up Program Delivers Outstanding Results
The latest assay results showcase the project's consistent high-grade characteristics across multiple target areas:
- Prospect zone: Delivered some of the best results with intercepts including 3.75m @ 11.05g/t gold and 4.73m @ 4.88g/t gold
- Youanmi Main: Continued to produce substantial gold hits with 5.41m @ 4.20g/t gold
- United North & Hill End: Extended mineralisation along strike with 3.84m @ 6.17g/t gold
Managing Director & CEO Phillip Wilding commented that these results "have the potential to increase the mineral resource and reserve at Youanmi," highlighting that "results from Prospect appear to link Youanmi Main with Pollard, potentially adding high quality ore early in the mine plan."
Strategic Position for Resource Upgrade
The completed drilling program forms a crucial component of Rox's Definitive Feasibility Study (DFS) and positions the company for their upcoming Mineral Resource Estimate (MRE) update scheduled for July 2025.
The company has executed the drilling program with precision:
- 27,000 metres of diamond drilling
- 8,000 metres of reverse circulation drilling
- Sample processing fully up-to-date with over 15,000 samples already processed
Two diamond rigs remain active at the site, focusing on extensional opportunities that could further enhance the project's scale beyond the upcoming resource update.
Understanding Gold Shear Zone Deposits
The Youanmi gold mineralisation represents a classic shear zone-hosted gold system within the Archaean Yilgarn Craton. These deposits form along major structural corridors where intense pressure and hydrothermal activity create ideal conditions for gold deposition.
For investors, shear zone deposits offer important advantages:
- Typically feature predictable geometry, allowing for efficient mine planning
- Often extend to significant depths, providing long-term production potential
- Generally yield consistent grade profiles, reducing operational variability
The gold at Youanmi is intimately associated with sulphide minerals and occurs in zones of strong hydrothermal alteration. Typical Youanmi ore contains between 10-25% sulphide minerals, primarily pyrite and arsenopyrite, with gold occurring as fine particles within silicates and sulphides.
Development Pathway Accelerating
Rox Resources is maintaining momentum across multiple project development fronts:
- Infrastructure preparation: Completed refurbishment of evaporation ponds and commenced dewatering civil engineering works
- Metallurgical testing: Advanced comminution and flotation testing with Albion Process™ test work now underway
- Engineering studies: Continuing geotechnical and tailings dam design work
- Financing: Actively working with debt advisors to progress project financing
The company's development timeline appears firmly on track, with the next key milestone being the updated Mineral Resource Estimate in July 2025, which will underpin the Definitive Feasibility Study and new mine plan.
Why Investors Should Watch Rox Resources
Rox Resources represents a compelling investment opportunity for several key reasons:
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Advanced Development Stage: With a Pre-Feasibility Study completed and the DFS underway, Youanmi is progressing rapidly toward potential production
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Resource Growth Potential: The consistent high-grade gold results at Rox Resources outside the current resource boundaries demonstrate significant upside potential
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Technical Execution: The company's ability to complete the Step-up drilling program ahead of schedule and under budget demonstrates operational excellence
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Historical Production Context: The Youanmi project has a proven production history, having previously produced 667,000 ounces of gold at an impressive grade of 5.47 g/t
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Infrastructure Advantage: As a brownfield site with existing infrastructure and mining leases, Youanmi offers potential capital and timeline advantages
The consistent delivery of high-grade gold results across multiple target areas strengthens the company's position as it advances toward its goal of establishing Youanmi as a significant gold producer in Western Australia's well-established gold mining region.
Ready to Invest in Rox Resources' High-Grade Gold Story?
Discover more about Rox Resources' promising Youanmi Gold Project and their accelerating path to production. With consistent high-grade results, advancing infrastructure work, and a clear development timeline ahead, now is the perfect time to consider this compelling investment opportunity. Visit Rox Resources' website to explore their latest investor presentations, technical reports and keep up with their progress toward becoming Western Australia's next significant gold producer.
