RXL 3.45% 15.0¢ rox resources limited

Ann: MRE update paves the way for Youanmi PFS, page-10

  1. 114 Posts.
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    https://hotcopper.com.au/data/attachments/5968/5968145-bc635bb79efe919aab45de50139dfdef.jpg
    https://hotcopper.com.au/data/attachments/5968/5968147-1876c455268f0a42c2fbe8be0eb75d36.jpg
    The above diagrams show how Rox has increased the Youanmi MRE mainly through drilling at Link.
    Now Rox needs to convert it's MRE 1.1m oz gold @ 6g/t to a minable reserve in the upcoming PFS.
    Note the existing workings are very close to the Link resource so accessing the new resource at Link will be relatively inexpensive. .
    The planned deeper extension of Link to 600m or so will take place after the PFS in June and will require more underground infrastructure, but is well worthwhile if the high grade continues at depth. Rob Ryan is confident it does.
 
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