Timeline
Imminent final Link infill drilling assays (these will enable Rox to define a near mine JORC @ 5 g/T resource for Link) but not the main game now.
2 weeks? Paddy’s Lode and Midway results likely. These should confirm both as major new discoveries and vindicate Rox’s confident decision to pause the current feasibility process in favour of dramatically increasing the very high-grade resource at Youanmi. In turn, Rox will be able to upscale it’s processing to at least 1 MTPA PA with a sub $1500 oz Au AISC, generating a free cash flow of more than $100m PA
3 weeks? announcement of a large multi rig drilling program at Paddy’s Lode, Midway’s 2 lodes, Linda Gossan, Currans Find and its extension Taylor’s Reef and the Sovereign Prospect
My Opinion
Timeline Imminent final Link infill drilling assays (these will...
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