RXL 3.85% 13.5¢ rox resources limited

Ann: 5,000m RC exploration drilling program underway at Youanmi, page-9

  1. 8,241 Posts.
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    did you also note AAR have a free-mill orebody amenable to a standard CIL plant? but without high-grade I don't think it will get there.

    I see RXL are pivoting away from the refractory story, looking for something else rather than growing more high-grade to justify the baseload for a float plant.

    smart, maybe. but it does undercut confidence on what they already have. when the players move, it will be the free-milling non-refractory plays getting taken out first.
 
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