High-Grade Drill Results Strengthen Youanmi's Gold Production Outlook
Rox Resources (ASX: RXL) has delivered exceptional high-grade gold results from its recently completed 35,000-meter Step-up drilling program at the Youanmi gold project Rox Resources in Western Australia, confirming the project's potential as a significant, high-grade gold producer.
Drilling Success Extends Multiple High-Grade Zones
The latest assay results have confirmed that high-grade gold mineralisation continues both at depth and along strike beyond the current resource boundaries, with standout intercepts including:
- 11.90m @ 4.37g/t gold from 451.0m (RXDD203)
- 6.73m @ 6.66g/t gold from 447.3m (RXDD190), including 2.33m @ 15.05g/t
- 1.96m @ 17.13g/t gold from 471.9m (RXDD203)
- 5.00m @ 5.33g/t gold from 53.0m (RXRC569)
These results come from multiple key target areas across the 1.8km-long Youanmi mineralised corridor, including Youanmi Main, Prospect, Interceptor, and United North deposits.
"The Step-up drill program has been highly successful in increasing our knowledge and understanding of the Youanmi ore system. This is the largest campaign of drilling done from surface in recent years and has delivered fantastic results, affirming the high-grade, high-quality nature of this system," said Managing Director & CEO Phill Wilding.
Mining Resource Estimate Update Coming in July
The completed 35,000-meter drilling program represents a significant milestone for Rox Resources as it advances toward gold production. All assay results have now been received, and an updated Mineral Resource Estimate (MRE) is on track for delivery in July 2025, which will feed directly into the company's Definitive Feasibility Study (DFS).
The current Youanmi Project already hosts a total mineral resource of 2.3 million ounces of gold, and the recent drilling success suggests potential for resource growth, particularly in high-grade zones.
Understanding Plunge and Strike in Gold Deposits
For investors new to gold exploration, understanding how gold deposits extend is crucial to appreciating Rox's latest results. Gold mineralisation typically follows geological structures that have specific orientations in three-dimensional space.
Strike refers to the horizontal direction or trend of the mineralisation, while plunge describes the angle at which high-grade "shoots" or zones descend below the surface. At Youanmi, the mineralisation generally strikes north-northwest and dips to the west at approximately 60 degrees.
The significance of Rox's latest results is that they confirm these high-grade shoots continue at depth and along strike, suggesting the mineralisation extends beyond the currently defined resource boundaries. This pattern is common in Western Australian gold systems and can lead to resource growth through targeted drilling.
Clear Path to Production
Rox Resources has outlined a well-defined pathway to production, with several key milestones already achieved:
- ✓ 35,000m Step-up drilling program completed on time and within budget
- ✓ Refurbishment of evaporation ponds completed
- ✓ Tenders awarded for major DFS work streams
- ✓ Dewatering pipe/pump installation commenced
Key upcoming milestones include:
- Mineral Resource Estimate update (July 2025)
- Continued metallurgical testwork for the Albion Processâ„¢
- Commencement of dewatering operations (Q2 2025)
- Environmental approvals and infrastructure design
- Tendering process for site infrastructure and mining contracts
Investment Thesis: Why Youanmi Stands Out
Youanmi's investment appeal rests on several compelling factors:
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High-Grade Nature: The consistent high-grade intercepts (including multiple zones over 10g/t gold) support potential for a high-margin operation.
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Resource Growth Potential: With mineralisation open at depth and along strike in multiple areas, there's significant potential to grow the current 2.3Moz resource.
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Historical Production: Youanmi was a high-grade gold mine that produced approximately 667,000oz of gold at 5.47g/t before closing in 1997, demonstrating the project's proven production credentials.
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Infrastructure Advantage: As a brownfield site on existing mining leases with significant infrastructure in place, Youanmi offers reduced development timeframes and potentially lower capital requirements compared to greenfield projects.
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Clear Development Path: With the DFS underway and key workstreams progressing, Rox has established a clear timeline toward production.
| Area | Highlight Intercept | Gold Grade (g/t) | Width (m) |
|---|---|---|---|
| Youanmi Main | RXDD203 | 4.37 | 11.90 |
| Youanmi Main | RXDD190 | 6.66 | 6.73 |
| Youanmi Main | RXDD203 | 17.13 | 1.96 |
| Interceptor | RXRC569 | 5.33 | 5.00 |
| United North | RXDD205 | 9.92 | 1.00 |
| Prospect | RXDD197 | 17.00 | 0.53 |
Why Investors Should Follow Rox Resources
Rox Resources represents a compelling investment opportunity for gold-focused investors seeking exposure to an advanced development project with near-term production potential. The Youanmi gold project Rox Resources combines the appeal of high-grade gold mineralisation with the advantages of a brownfield site in a Tier-1 mining jurisdiction.
With the Step-up drilling program now complete and showing excellent results, the upcoming Mineral Resource Estimate in July 2025 represents a significant potential catalyst. Following this, the completion of the Definitive Feasibility Study will further de-risk the project and potentially unlock significant value.
For investors seeking exposure to the gold sector, Rox Resources offers a combination of advanced-stage development, high-grade mineralisation, and a clear pathway to production—all key factors that differentiate it from many exploration-stage gold companies.
Looking to Add High-Grade Gold Exposure to Your Portfolio?
Discover why Rox Resources' Youanmi Gold Project could be one of Western Australia's next significant gold producers. With exceptional drilling results confirming high-grade mineralisation and a clear pathway to production, RXL presents a compelling investment opportunity at an advanced development stage. To learn more about this 2.3-million-ounce gold project and stay updated on the upcoming resource estimate in July 2025, visit Rox Resources' website for investor information and project details.
