To recap: Rox plans to first mine a high grade low AISC near surface resource.
Currently that will comprise Grace at 109,000 oz au @ 7 g/t which is expected to be expanded to 120,000 oz au.
Grace South (high grade hits with assays pending but not a large resource) will be part off this.
In addition, shallow extensions to Bunker, Hills End, the Kurrajong Pit, Kathleen Pit, United North and perhaps Currans Find at around 20,000 oz au @ 4 g/t will be included.
Rox considers that a starter resource of 200,000 oz au high grade low AISC is achievable which could be doubled or tripled with a new find.
Rox then plans to turn to the deep high grade ore.
The Deeps has an indicated and inferred JORC of 856,000 oz au @ 8g/t. But Rox hopes to double this.
The Deeps will be extended downward and several other targets included
The pending drill results on the diagram below are important because Rox is hopping to use the old Deeps mining infrastructure, the decline (see diagram) to access Junction resources. This saves millions in Capex needed to start a new underground mine.
Junction is the extension of the historical high grade Pollard lode. The shallow drills are RC and the deeper DD.
On the other side of the Deeps, another set of important drill results are pending as per the diagram.
Rox is using DD at these depths and the plan is to again use the historical decline to access these resources.
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