RXL 0.00% 12.5¢ rox resources limited

All the attention is on Grace for its spectacular grades and...

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    All the attention is on Grace for its spectacular grades and forthcoming JORC

    Youanmi South has been overshadowed but is also impressive
    RXRC024: 4m @ 8.17 g/t Au from 96m RXRC063: 12m @ 12.7 g/t Au from 80m RXRC064: 12m @ 8.5 g/t Au from 44mRXRC053: 4m @ 11.2 g/t Au from 110m RXRC066: 4m @ 7.6 g/t Au from 76m
    In November last year the company said they would provide a resource estimate for Younami South.
    But then they found Grace and Alex said ‘drill it out’.

    The focus shifted off Younami South.
    But in time we will see a JORC for Younami South.
    It won't be as big as Grace but valuable never the less.

    Younami South is one of several finds that will have their own resource estimates

    So the Grace JORC first, then Younami South

    Perhaps a Plant Zone JORC?

    The Plant Zone is a distinct mineralised envelope with gold from the surface to about 30m down.

    The Plant Zone is low grade au (with some high grade) but when you get 30m @ 1g/t au right from the surface or 14m @ 1.7g/t au, 25m @ 1.4g/t au etc it adds up to a large and valuable shallow deposit.

 
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