RXL 3.57% 14.5¢ rox resources limited

Following the extensive drilling campaign in 2020 a...

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    Following the extensive drilling campaign in 2020 a re-interpretation of structural controls on mineralisation at
    Youanmi was completed which identified underexplored high priority targets. This re-interpretation, a result
    interpretation of 2020 drilling results, structural relogging of historical diamond core and an audit of historical
    mining data, indicates that high-grade mineralisation along the Mine Shear Zone is strongly associated with
    shallow-plunging dilational shoots trending NNW.
    The RC holes reported in this announcement (RXRC363: 8m @ 19.9g/t Au from 68m and RXRC362: 4m @
    5g/t Au from 40m at Grace South and RXRC361: 4m @ 6g/t Au from 84m and 8m @ 4.1g/t Au from 112m at
    Junction.) have confirmed the new interpretation is geologically robust and additional RC drilling has been
    planned.
    This new geological model indicates these targets have strong potential to significantly enhance near mine gold
    inventory.


 
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