RXL rox resources limited

Ann: Rox intersects more high-grade gold from Youanmi, page-15

  1. 8,418 Posts.
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    it is a good result in isolation mate i agree.
    but in true RXL style need review in context of other information provided.
    The section below suggests other hits around it are weak from an UG point of view

    https://hotcopper.com.au/data/attachments/6553/6553964-639081e2583ef084c25188820191b0b8.jpg

    reading the tables in the report - there is no assay column, but an intersection table. Thats ok, but it's suggesting there is a lot of weighting in one, maybe a few assays.

    https://hotcopper.com.au/data/attachments/6553/6553970-fb5539b7fccfb1fd581b9218a1293835.jpg
    reading the JORC table, assays are uncut -this is also OK, but for a 30m intersection you'd want to be be comfortable this isnt just one nugget in the core sample interval bulking out the reportable intercept.

    https://hotcopper.com.au/data/attachments/6553/6553986-b7ef66ac76a32598bb832a00b85dc223.jpg

    For this to be real and relevant, it needs to be repeatable. More transparency required, this project still lacks credibility in the market IMO.

 
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