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Rox Resources Limited (ASX:RXL)
ALERT: Price-sensitive ASX Announcement for RXL
Current share price for RXL : $0.630 0.24 (61.54%)+
Announcement
Release
16 Jul 2026 8:22AM
Price at Release
$0.390
Full Release
Summary
Rox Resources Limited has announced high-grade drilling results from their Youanmi Gold Mine project in Western Australia, emphasizing the potential for mine expansion. The company plans to begin resource conversion and exploration drilling at Youanmi Deeps in Q3 CY2026. The latest assay results from exploration drilling at Commonwealth reveal additional ore source potential close to existing processing infrastructure. Significant intercepts were recorded at United North, with high-grade results from both diamond and RC drilling showing promise for extending the mine's life. The company remains focused on bringing the Youanmi Gold Mine into production by mid-2027, while also aiming to de-risk the mine plan and unlock further growth opportunities.
Key Points
- High-grade drilling results indicate mine expansion potential at Youanmi.
- Resource conversion and exploration drilling at Youanmi Deeps to start in Q3 CY2026.
- Significant intercepts reported from Commonwealth and United North drilling.
- Planned production of Youanmi Gold Mine by mid-2027.
- Focus on de-risking mine plan and unlocking further growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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