RXL 0.00% 14.0¢ rox resources limited

Results due before Xmas

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    Rox Secretary Chris Hunt predicted a strong news flow in December so here is what we can expect:

    At Youanmi, results are pending for 25 RC and 15 diamond holes (see below).
    Many of these are likely to be significant hits that will add to the next resource estimate upgrade (JORC) due in Q1 2022.
    The new JORC will verify that Youanmi contains more than 2m oz au @ around 2.9g/t

    Regionally, a 424 holes, 22,337m AC drilling program has been completed targeting 4 compelling sites on the 18.5km long highly-prospective corridor between the Youanmi and Penny deposits · This campaign aims to find another Penny resource similar to Penny West and Penny Gold. Magenta is also on strike. Assays are due.
    These are shallow AC holes that will provide RC drilling targeting data but could find shallow high grade gold.

    Over at the Mt Fisher Gold Project a 60 holes, 7,300 metre Aircore drilling program has been completed with all assays outstanding;
    This is shallow AC drilling to be followed up by RC.


    Assays for aircore drilling of 160 holes for 7,000m targeting Au and VMS style mineralisation at the Mt Fisher Mine and Dam-Damsel-Dirk Au trend may be available by Xmas and if not then early next year.·

    https://hotcopper.com.au/data/attachments/3837/3837700-ceeb531aace5e61df2c2da9507c017c5.jpg
 
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