Im hoping for now rox SP has found a floor at 6c, untill further results come through. Despite new projects adding to interest and to roxs ever increasing portfolio its become clear grace is whats really moving the SP. Unfortunately and at no fault of the company the delayed results have taken the wind out of the SP sail. The latest currans result did little for our SP however venus did say this aligns with the orientation of high‐grade gold mineralisation at the Taylor’s Reef, Curran’s North, and Red White and Blue prospects.
If a similar type of mineralisation trends northwards from the Penny West gold mine, RXL and VMC could have a seriously big gold mine on their hands.
RC drilling at Youanmi continues to yield high grade results building on the known length of mineralised strike at Grace. As reported, AC drilling of 251 holes for 11,516m have completed to date. Assays received for first 25 holes with new high-grade gold zone identified within the Youanmi granite 3km north of Grace included RXAC022 4m @ 15.95g/t Au from 36m. The Company further updated that assays are pending for 1 and 1/2 months of drilling comprising 2,600 metres of RC drilling from 17 holes, 226 AC holes and 9 diamond. Also, the Company stated that 9 diamond holes for 1192m completed at Grace with results pending for all holes.
As reported previously, some of our intercepts at grace included RXRC239: 13m @ 60.49g/t Au from 177m, including 4m @ 191.56g/t Au from 181m.
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