RXL 6.25% 15.0¢ rox resources limited

Ann: Annual Report - Financial Year 2021, page-76

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  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    Here are some of the historical hits at the Deeps, now Main.
    The final figure is the grade, so the first is 35.5 g/t, then 12.22 g/t, 17.85 g/t and 55.99 g/t.
    There are some very high grades here.
    The Independent Research Report on the Deeps in 2006 provides convincing evidence of gold mineralisation occurring much deeper than the mined area and predicts increased grade.
    The current Deeps JORC is 657,900 oz au @8.48 g/t some of which is inferred.
    Rox will be trying to grow the gold ozs and replace the inferred with indicated or measured for the forthcoming JORC upgrade (Q1 2022).
    Reasonable to think that drilling results from this location will attract market attention.



    https://hotcopper.com.au/data/attachments/3648/3648398-29337478352fe92bbd709c1d05210221.jpg

 
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