Drilling Hits Further High-Grades At Youanmi
Rox Resources Limited (ASX: RXL), in conjunction with its joint venture partner Venus Metals Corporation Limited (ASX: VMC), has further extended high-grade mineralisation down plunge at the Link Prospect at the Youami Project in Western Australia.
The Youanmi Gold Project is located near Mt Magnet, WA, in the OYG JV area (Rox 70% and Manager, VMC 30%).
Drilling continues at Youanmi with three Diamond drill rigs and an RC rig operating on site. An aircore rig is set to join the program shortly for regional exploration. Assay results have been received from the first diamond hole at the Link Prospect and two RC holes from resource growth drilling being undertaken at Link.
Results are pending for nine diamond holes and eight RC with drilling ongoing. Highlights of this round of results include 6.82m @ 11.98g/t Au from 264m, including 2m @ 37.65g/t Au from 269m and 4.92m @ 6.51g/t Au from 250m intersected in RXDD018/
The results define a zone of high-grade mineralisation more than80m from the current resource within close proximity to both the base of historic open pits and in some cases close to existing underground development.
Managing Director, Alex Passmore, said new mineralisation in this zone should add inventory in an area of resource that Rox is keen to grow in terms of ounces per vertical metre.
“We are very pleased to announce ongoing successful results at Link Prospect. The exploration model at Youanmi continues to deliver very robust results,” Mr Passmore said.
For further information please visit: https://www.roxresources.com.au/