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ROX RESOURCES LIMITED — Board/Management Information 2025
Jan 14, 2025
65741_rns_2025-01-14_087cb914-3de2-49f7-9dee-8d50c18c7565.pdf
Board/Management Information
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ASX : RXL
ASX Announcement 15 January 2025
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Appointment of Chief Financial Officer
Rox Resources Limited ( “Rox” or “the Company” ) ( ASX: RXL ), is pleased to advise that Mr Greg Hoskins is to be appointed as Chief Financial Officer (CFO) of the Company, effective 3 February 2025.
Mr Hoskins is a Chartered Accountant with 24 years’ corporate experience across a range of sectors. This includes more than 12 years’ experience in the mining industry operating both in Australia and overseas. Mr Hoskins was most recently the CFO of ASX-listed OreCorp Limited, which was progressing development of the Nyanzaga Gold Project in Tanzania, prior to its acquisition by Perseus Mining Limited. Mr Hoskins was heavily involved in the project financing process and a key part of the Executive team that negotiated the transaction.
Prior to this Mr Hoskins spent more than 10 years in ASX-listed Base Resources Limited, a dual listed (ASX and AIM) resources company, which developed the Kwale Mineral Sands operation in Kenya and progressed the Toliara Mineral Sands Project in Madagascar. Having joined Base Resources during the early stages of construction, Mr Hoskins was an integral part of the team that sourced funding and constructed the Kwale Operation, which has since achieved consistently strong results, whilst progressing business development activities which led to the acquisition of the Toliara Project.
The appointment of Mr Hoskins is complemented by the appointment of a General Manager of Operations and Environmental Manager, commencing in February.
Rox Resources’ Chief Executive Officer, Phillip Wilding, commented:
“It is pleasing to welcome Greg to Rox. We are putting the right team in place to deliver the Youanmi DFS and take us beyond a potential positive Final Investment Decision through to production.
Greg is a highly accomplished senior mining executive, bringing significant corporate and mine development experience to our team.
His skillset will be instrumental in Rox Resources securing our funding requirements for the proposed development of the Youanmi Gold Project.”
This announcement is authorised for release by the Board of Rox Resources Limited.
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For further information visit roxresources.com.au or contact [email protected]
Phillip Wilding Chief Executive Officer Rox Resources Limited E: [email protected] Tel: +61 8 9266 0044
Gerard McArtney Investors and Media Purple E: [email protected] Tel: 0487 934 880
Level 2, 87 Colin Street
+61 8 9266 0044
ROX RESOURCES LIMITED ABN 53 107 202 602
West Perth WA 6005
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About Rox Resources
Rox Resources (ASX: RXL) is a West Australian focused gold exploration and development company. It is the 100 per cent owner of the historic Youanmi Gold Project near Mt Magnet, approximately 480 kilometres northeast of Perth, and owns the Mt Fisher - Mt Eureka Gold and Nickel Project approximately 140 kilometres southeast of Wiluna, with 100% ownership of certain tenure with the remaining tenure held via a joint venture (Rox 51%, earning into 75%).
Youanmi Project has a Total Mineral Resource of 2.3Moz of contained gold, with potential for further expansion with the integration of existing prospects into the Resource and further drilling. Youanmi was a high-grade gold mine and produced ~667,000oz of gold (at 5.47 g/t Au) before it closed in 1997. It is classified as a disturbed site and is on existing mining leases which have significant existing infrastructure to support a return to mining operations.
Resource Statements
The statement of estimates of Mineral Resources for the Youanmi Gold Project was reported by Rox in accordance with ASX Listing Rule 5.8 and the JORC Code (2012 edition) in the announcement “MRE Update confirms Youanmi as Significant High-Grade Gold Project and Paves Way for PFS” released to the ASX on 30 January 2024. Rox confirms it is not aware of any new information or data that materially affects the Mineral Resources estimates information included in that market announcement and that all material assumptions and technical parameters underpinning the Mineral Resources estimates in that announcement continue to apply and have not materially changed.
Forward ‐ Looking Statements
Certain statements in this announcement relate to the future, including forward-looking statements relating to the Company and its business (including ‐ its projects). Forward looking statements include, but are not limited to, statements concerning Rox Resources Limited planned exploration program(s) and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may”, "potential," "should," and similar expressions are forward looking statements.
These forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such statements. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement and deviations are both normal and to be expected. Neither the Company, its officers nor any other person gives any representation, assurance or guarantee that the events or other matters expressed or implied in any forward-looking statements will actually occur. You are cautioned not to place undue reliance on those statements.
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