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I would expect link and Kathleen results just after Easter And...

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lucydog12

224 Posts.

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05/04/23

00:54

Post #: 67137295
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Originally posted by m0ngy ↑

A standout feature of today's ann was the renewed emphasis on the regional drilling program.
Rox started the year exercising spending discipline as it embarked on the Youanmi feasibility process.
Feasibility studies are relatively cheap and drilling is very expensive and Rox did not know how successful their drilling campaign would be.
Rox does not want to further dilute the share registry with a capital raise so they proceeded carefully and economically without assuming a high rate of inferred to indicated conversion. Regional exploration was very much on the back burner. Youanmi was the main game.
IMO the change to a renewed focus on the regionals means that the Link and Kathleen drilling is going well.
The assays are imminent but are likely to be good, so good Rox can now follow up its exploration program..
Rox now considers they can afford to explore and they have some compelling targets at Linda Gossan, Currans and Sovereign.
Below is a diagram of Currans from 2019.

My opinion DYOR

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I would expect link and Kathleen results just after Easter
And agree that they may well be good building block results
Imho

RXL Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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I would expect link and Kathleen results just after Easter And...

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Buxton projects new graphite province discovery at WA Narryer play

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I would expect link and Kathleen results just after Easter And...

Top Stories

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Buxton projects new graphite province discovery at WA Narryer play

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