RXL rox resources limited

Ann: RC Drilling Commences at the Mt Fisher Gold Project, page-2

  1. 10,075 Posts.
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    Rox expects a rerating from its Youanmi Scoping Study but with Damsel/Dam it has two horses in the race. When you get shallow, oxide gold hits like [email protected]/t Au including 10m @ 10.27g/t Au with step outs of 9m @ 4.4 g/t Au and 9m @ 7.1 f/t Au and open in several directions you know you are closing in on a commercial deposit,
    It's likely that if Rox can establish a high grade JORC at Damsel/Dam it won't have to go through the lengthy process of building a new plant. In the immediate vicinity there are currently gold plants that are operating under capacity and open to off take agreements.
    Fisher Gold is 100% Rox.
 
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