RXL 0.00% 13.5¢ rox resources limited

Ann: Strong assays confirm grade & scale of Youanmi Gold Project, page-4

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  1. 10,075 Posts.
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    • Follow-up drilling at Youanmi South is underway with initial results expected in mid-May;
      This timeframe confirms that more than a single follow up hole is being drilled at Y South. I would think at least 2 rigs including a DD with a geo in charge are currently operational 24/7
      Mid May we get our first pic of the Y South lode along with drill assays. Potential re rate in this ann,

    • Midway extensional drilling to commence after Youanmi South;
      Should have pulled a rig off Link and drilled Midway at the same time as Y South imo. Midway parallel lodes are a new high grade discovery with a great deal of potential, Another re re rate possibility here.

    • Regional Exploration Program under review.
      Planning Linda Gossan exploration imo. They will do this cheaply with a couple of AC holes to start with.
      Very high grade right from the surface in a new undrilled gossan with an abundance of gold pathfinder minerals nearby,
      Doesn't get much better than that.

      Quarterly results imminent. Interesting to see the cash spend,
      $1m a month?


    My Opinion
 
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