CEO and MD Phill Wilding has updated company news on MiningNewsNetKey takeaways:Positive Met results foreshadow cost savings, for example, in a smaller Albion circuit.That will allow Rox to either lower the Capex on the mill or increase the throughput.Funding the project with its compelling metrics won’t be a problem, so Rox will probably increase the production.120 koz of gold PA is likely in the DFS.Step Up campaignPhill Wilding is very pleased with the consistently high-grade hits. With the structural controls at Youanmi now established, future drilling will be even more productive and could lead to a major discovery.Phill likes the Prospect zone for its continuous high-grade gold.He expects to mine high tonnage from Prospect early in the mine life.Youanmi North is also a high growth area, with some spectacular hits, including one in the Best Weekly Gold Drill Intercepts (see below).It’s currently within the MRE but not in the mining plan; however, it will be included.Youanmi North will leverage more gold off existing UG infrastructure, so keep Capex low and have a low AISC.NEWS FLOWMineral Resource update next month.Extensional drilling at Youanmi and DD to the south at Currans.MiningNewNet@ Nietoperz88 in my opinion, VMC is a lifestyle company, but ask long-term holders like Mc Camma on the VMC thread.
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