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- Clear visual control at United North as drilling returns high-grade gold intercepts.
- Underground mining at United North progressing to plan.
- Infill drilling at United North identifies additional high-grade ounces.
Rox Resources (ASX:RXL) is successfully expanding its under-development Youanmi gold project in Western Australia, after infill drilling at the United North area identified additional high-grade ounces outside of the final study mine plan.
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The significant high-grade gold mineralisation intersections have included five metres at 14.15 grams per tonne (g/t) from 120 metres; 15m at 3.63 g/t from 173mm; 7.0m at 6.29 g/t from 183m; and 4.0m at 4.41 g/t from 139m.
The Western Australian company today told shareholders via the ASX that its early underground drilling design remains well advanced, with contract finalisation now ongoing. Rox’s preferred underground drilling service provider is set to commence underground drilling in mid-May.
The initial program will build upon the surface drilling completed to date, infilling the first two years of production to a nominal twenty-by-twenty metre spacing, and tighter in areas that require greater definition.
Rox’s MD and CEO, Phill Wilding, said the United North mineralised shear has been crosscut as expected within the 2341m level access, being the first planned level in the mine.
This crosscut will soon be prepared for turn-outs and commence strike driving the mineralisation and stockpiling of ore.
The mapped placement of the mineralised shear zone contacts matches the interpretation of the United North DFS ore lode and confirms expectations the mineralised shear will be visibly distinct and therefore operationally controllable.
“This will allow efficient economic protocols to be implemented during mining development and stoping operations to minimise both ore dilution and ore loss,” Mr Wilding said.
The current work has also exposed the historic Youanmi Main portal, which will be one of the access points for underground mining from the pit.
“After the final investment decision last month, the team at Rox has maximised the momentum to make real progress at Youanmi,” Mr Wilding said.
“Mining continues to advance at United North, with Byrnecut successfully crosscutting the ore body to show clear visual control, which is another exciting milestone.
“Additionally, surface drilling in the upper United North levels has intersected significant high-grade gold mineralisation, which appears likely to add more ounces to the upper levels.
“This further increases our confidence in achieving forecast production ounces from United North within the first years of production.”
Mr Wilding told shareholders that construction of site infrastructure has also progressed rapidly, with high-specification camp and office facilities now in place to support our expanding workforce.
“The work on site at Youanmi is advancing at pace and in line with our pathway towards production, further solidifying our position as one of Western Australia’s next high-grade gold producers,” he declared.
RXL is stable at 44.8¢. Mkt cap $621.6M.
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