Ann: Rox Resources raises $7m to drive next phase of growth, page-47

Paddy's Lode was hailed as a significant discovery and there was broad geo and institutional consensus that it was another of the big finds like the Pennys that the Youanmi Shear Zone is famous for. The share price jumped to 46 cps which shows the potential gain if the current exploration pays off. After the latest drilling results, Paddy's Lode was downgraded to a discovery. But it certainly could be significant as indicated by the first drilling results and the IP survey results showing strong sulphide (likely gold) related hits on strike,
To provide the 5g/T Au feed for the 2022 Scoping Study between 80,000 and 90,000 ozs is needed, depending on the results of the infilling drilling. If Paddy's is not a huge discovery but can provide part of the feed with the rest from other projects such as Midway, Currans, Linda Gossan etc Rox will be able to progress quickly to production. While a major new discovery is very possible restarting the Youanmi mine does not depend on it.