Uhhh this is getting a bit sad m0ngy...

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Gibbaz

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16/10/23

19:15

Post #: 70373908
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Originally posted by Chinmay007: ↑

Likely that Rox completed its first RC hole at least a week ago and results from Currans are imminent. This hole would have tested Currans at depth to see if the spectacular results in the top 100m extend deeper. It’s likely they do as the Penny pathfinder minerals are present which suggest Currans is a significant new discovery. Currans has game changing potential for Rox now the company has moved to 90% ownership.

Rox will drill Currans again soon but would not have idled the rig while waiting for the lab results so they would now be at Linda Gossan (9m @ 15.6 g/t Au from surface including 3m @ 35.2 g/t Au from 1m).

or Youanmi South.

Youanmi South would be my bet where there are some very compelling targets. On the diagram below there is Paddy’s discovery (28m @ 34.81g/t) open at depth and likely to be a significant new discovery but expensive to drill at depth. Rox has many compelling targets to add gold to its 3.2m oz gold resource and so would be watching the $$$ closely. A new structure parallel to Paddy’s (see diagram) has strong IP hits indicating sulphide and likely gold association and a significant strike length. Then there is T2 which is gold in granite that would also have Travis Craig and the geos excited. It’s likely shallow oxide free milling gold.

Currans results very soon and in about 10 days we could have assays from one of the compelling targets at Youanmi South.

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Uhhh this is getting a bit sad m0ngy...

RXL Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
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1 Great analysis

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