These are some of today's RMS results from Penny North (formerly SPX's) down the road from Rox's projects.
Note the infill results. Infill results are predictably good because they are RC drill holes between high grade hits or close to those hits to uncover the width of the original hit. Rox is currently infill drilling Grace which is a much shallower find so lower AISC and more profitable. Almost certainly the Grace infill results will be very positive.
Then they have Magenta which appears to be yet another shallow high grade find to the North of Penny West. This again demonstrates the amazingly prospective area we are drilling in. Also shows that RMS scooped up SPX for peanuts....and the same could happen to Rox at these SP levels.
Excellent deeper infill RC and diamond drill results continue at the Penny Project* (refer Figure 1), including the following intersections below the Penny West pit:o 4m at 18.06 g/t Au from 216m, including 2m at 31.63 g/t Au o 3m at 18.42 g/t Au from 184m, including 2m at 27.39 g/t Au
▪ Encouraging infill & step-out shallow oxide RC drill results have also been returned from Magenta, located 1.8km north of the Penny West pit, including:
o 10m at 2.12 g/t Au from surface o 3m at 5.49 g/t Au from 4mo 3m at 7.63 g/t Au from 17m
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