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ROX RESOURCES LIMITED Capital/Financing Update 2023

Nov 12, 2023

65741_rns_2023-11-12_364469d6-79fe-4346-b7a2-d2ead39d4458.pdf

Capital/Financing Update

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RRL1899D

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ROX RESOURCES LIMITED

ASX: RXL

Rox Resources Limited is exploring and developing advanced gold assets in Western Australia: the Youanmi Gold Project and the Mt Fisher – Mt Eureka Gold project.

DIRECTORS

Mr Stephen Dennis Chairman

Mr Robert Ryan Managing Director

Dr John Mair Non-Executive Director

ASX Announcement 13 November 2023

Significant initial results from regional exploration drilling at Youanmi - new mineralised trend discovered

  • The first regional RC drilling program undertaken since the consolidation of the highly prospective Youanmi greenstone belt has delivered highly encouraging initial results.

  • New near-surface mineralised quartz shear discovered in the central Currans Find Project area, 22km south of Youanmi Gold Deposit:

o RXRC525: 6m @ 5.22g/t Au from 29m

  • Other significant RC drill results from the regional exploration program include:

  • RXRC519: 12m @ 4.44g/t Au from 18m, incl:

Matthew Hogan Non-Executive Director

  • 7m @ 6.82g/t Au from 19m

  • RXRC511: 2m @ 10.80g/t Au from 149m

  • RXRC514: 3m @ 4.77g/t Au from 37m

Shares on Issue 360.0m Share Price $0.21 Market Cap. $75.6m

Level 2, 87 Colin Street, West Perth WA 6005

+61 8 9226 0044

[email protected]

www.roxresources.com.au

Follow Rox:

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  • RXRC513: 1m @ 5.00g/t Au from 70m

  • RXRC521: 3m @ 3.10g/t Au from 15m

  • o RXRC522: 1m @ 4.85g/t Au from 75m, and: 1m @ 4.65g/t Au from 79m

  • The majority of the results are close to surface, and they strengthen the interpretation of the multiple lodes located within the high-grade Currans Find Project Area.

  • Initial regional results support Rox’s confidence in the potential to identify new high-grade gold lodes within the Company’s dominant tenure position.

  • Assays pending from recent RC drilling targeting nearmine IP survey targets.

West Australian gold exploration and development company Rox Resources Limited (“Rox” or “the Company”) ( ASX: RXL ) is pleased to report highly encouraging initial assay results from its regional and near-mine exploration drilling program at the recently consolidated Youanmi Gold Project , near Mt Magnet in WA.

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The results highlight the prospectivity of the Currans Find Project Area to the south of Youanmi, with the discovery of a significant new, shallow mineralised lode in the central corridor.

The drilling has provided valuable information in determining the dip and plunge of the high-grade mineralisation at the project, which will help define future drilling programs.

Managing Director Comments

Rox Resources’ Managing Director, Mr Robert Ryan, said the strong initial results from the regional program highlighted the potential for further new discoveries in the broader Youanmi area.

“The consolidation of 100% ownership of the broader tenure by Rox has been the catalyst for the first targeted exploration campaign outside of the 3.2Moz Youanmi gold camp – and the initial results are very encouraging. “The drilling results from Currans Find, situated just 5km north of the high-grade Penny West gold mine, reveal the prospectivity of this extremely under-explored area.

“High-grade intercepts, coupled with the discovery of a new mineralised trend, bode well for future drilling programs and we are very excited about the emerging opportunity in this area – particularly in light of its proximity to one of the highest grade gold mines in Western Australia at Penny West.

These results are just our first foray into our belt-wide exploration initiatives and results will feed into a broader regional target generation program that draws on a combination of geophysical and geochemical datasets, with a focus on structural splays off the regional Youanmi shear zone.

“Meanwhile, drilling has also been completed at the near-Youanmi mine IP targets with results eagerly anticipated in the next few weeks.”

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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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ASX CODE: RXL [email protected] www.roxresources.com.au

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Figure 1: Drilling in progress at the Youanmi Gold Project.

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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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ASX CODE: RXL [email protected] www.roxresources.com.au

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Figure 2: Regional tenure across the broader Youanmi Project area. Much of the belt remains underexplored by modern exploration methodologies, which presents the opportunity for future discoveries.

ROX RESOURCES LIMITED 4 Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

ASX CODE: RXL [email protected] www.roxresources.com.au

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The regional and near-mine Reverse Circulation (RC) exploration drilling program at the Youanmi Gold Project was completed on 11 October 2023 with a total of 5,189 metres drilled.

The RC drilling program was designed to progress the project pipeline (Figure 3) with drilling focused on regional targets at the Currans Find Project Area, Linda Gossan, Sovereign and Target 1 Area. The near-mine targets generated from the July 2023 IP Survey were also drill tested.

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  • Figure 3: Rox’s exploration project pipeline that is aimed to extend near-mine resource growth opportunities and identify new mineralised zones within the Company’s extensive regional tenure.

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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

5

ASX CODE: RXL [email protected] www.roxresources.com.au

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Regional Exploration Drilling Results

The majority of the RC drill holes were drilled at the Currans Find Project Area, which includes Currans North, Taylors Reef and the Red White & Blue prospects (Figure 4).

In addition to the drill holes targeting the known project mineralised lodes, five exploration holes were designed to drill-test three previously undrilled structural targets within the Currans Find Project Area.

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Figure 4: Projects at the Currans Find Gold Project Area.

ASX CODE: RXL [email protected] www.roxresources.com.au

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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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Pure exploration drill hole, RXRC525, intercepted a 6m wide quartz shear within the host mafic rock only 26m below surface (Figure 5).

This previously unknown mineralised quartz shear requires further drill testing, however this drill intercept has potentially discovered a new high-grade lode within the Currans Find Project Area.

The newly discovered mineralised quartz shear result includes:

  • RXRC525: 6m @ 5.22g/t Au from 29m

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Figure 5: Cross-section of RXRC525 showing the near-surface intersection of a wide high-grade quartz shear.

Assays from the Red White & Blue prospect (Figure 6) also returned an excellent near-surface result, along with other narrower high-grade drill intercepts including:

  • RXRC519: 12m @ 4.44g/t Au from 18m, incl:

  • 7m @ 6.82g/t Au from 19m

  • RXRC514: 3m @ 4.77g/t Au from 37m

  • RXRC513: 1m @ 5.00g/t Au from 70m

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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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ASX CODE: RXL [email protected] www.roxresources.com.au

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The best drill result from the Currans North prospect (Figure 7) was from drill-hole RXRC511:

o RXRC511: 2m @ 10.80g/t Au from 149m

The best drill results from the Taylors Reef prospect (Figure 8) was from drill-hole RXRC522:

o RXRC522: 1m @ 4.85g/t Au from 75m, and: 1m @ 4.65g/t Au from 79m

A full list of the significant intersections from the regional exploration drilling program is provided in Table 1.

Assays from the near-mine RC drilling, which was designed to test the IP survey targets, are currently pending and will be reported when available.

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Figure 6: Long Section of the Red White & Blue Prospect Mineralised Lode.

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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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ASX CODE: RXL [email protected] www.roxresources.com.au

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Figure 7: Long Section of the Currans North Prospect Mineralised Lode.

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Figure 8: Long Section of the Taylors Reef Prospect Mineralised Lode.

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

ASX CODE: RXL [email protected] www.roxresources.com.au

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9

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Authorised for release to the ASX by the Board of Rox Resources Limited.

* ENDS ***

For more information:

Rob Ryan Managing Director Rox Resources Limited

Tel: +61 8 9226 0044

E: [email protected]

Nicholas Read Investor Relations Read Corporate

Tel: 0419 929 046

E: [email protected]

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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

10

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 1 – Collar Locations and Drilling Details

Hole Id Prospect Drill Type East North RL Depth Dip Azi
RXRC496 Linda Gossan RC 674013 6821328 460 80 -55 112
RXRC497 Linda Gossan RC 674065 6821330 460 30 -60 293
RXRC498 Sovereign RC 675802 6811943 457 150 -61 89
RXRC499 Currans Nth RC 674785 6812460 459 54 -55 322
RXRC500 Currans Nth RC 674802 6812439 459 96 -61 321
RXRC501 Currans Nth RC 674918 6812462 458 180 -62 320
RXRC502 Currans Nth RC 674903 6812478 458 150 -62 320
RXRC503 Currans Nth RC 674910 6812512 458 132 -62 319
RXRC504 Currans Nth RC 674895 6812570 458 78 -62 322
RXRC505 Currans Nth RC 674912 6812550 458 114 -62 322
RXRC506 Currans Nth RC 674929 6812530 458 168 -61 322
RXRC507 Currans Nth RC 674879 6812580 459 50 -56 322
RXRC508 Currans Nth RC 674900 6812611 458 40 -55 322
RXRC509 Currans Nth RC 674951 6812612 458 114 -60 320
RXRC510 Currans Nth RC 674964 6812598 458 150 -61 320
RXRC511 Currans Nth RC 674865 6812408 459 200 -61 321
RXRC512 Currans Nth RC 674892 6812415 459 220 -61 321
RXRC513 RWB RC 674480 6811661 461 105 -61 331
RXRC514 RWB RC 674509 6811683 461 95 -56 332
RXRC515 RWB RC 674514 6811674 461 135 -60 330
RXRC516 RWB RC 674523 6811658 460 180 -61 328
RXRC517 RWB RC 674567 6811737 461 80 -56 331
RXRC518 RWB RC 674629 6811759 460 120 -61 330
RXRC519 RWB RC 674625 6811794 460 42 -56 331
RXRC520 Taylors Reef RC 674592 6812190 459 50 -61 333
RXRC521 Taylors Reef RC 674621 6812177 459 108 -61 330
RXRC522 Taylors Reef RC 674660 6812197 459 114 -61 334
RXRC523 Taylors Reef RC 674680 6812173 459 180 -61 332
RXRC524 Taylors Reef RC 674711 6812215 459 126 -62 329
RXRC525 Currans Central RC 674647 6812052 459 50 -56 340
RXRC526 Currans Central RC 674610 6812036 460 78 -56 339
RXRC527 Currans Central RC 674763 6811955 460 100 -56 249
RXRC528 Currans Central RC 674521 6811940 460 40 -56 301
RXRC529 Currans Central RC 674509 6811928 460 40 -61 330
RXRC530 Linda Gossan RC 674061 6821335 460 80 -60 270
RXRC531 Target Area 1 RC 676372 6825754 442 30 -56 87
RXRC532 Target Area 1 RC 677147 6823571 443 138 -56 87
RXRC540 Target Area 1 RC 676371 6825747 442 21 -56 88
* Reported drillholes from the acquired Currans Find and Sovereign JV projects from the Youanmi Gold Project transaction as
announced on 31 March 2023 and completed on 7 July 2023.
5YMR0070* Currans South RAB 674834 6811149 459 38 -60 332
5YMR0071* Currans South RAB 674734 6811245 459 8 -60 332
5YMR0074* RWB RAB 674442 6811706 461 59 -60 352
5YMR0076* RWB RAB 674446 6811674 461 13 -60 352

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

11

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 1 – Collar Locations and Drilling Details

Hole Id Prospect Drill Type East North RL Depth Dip Azi
5YMR0077* RWB RAB 674447 6811667 461 33 -60 352
5YMR0078* RWB RAB 674448 6811658 461 58 -60 352
5YMR0079* RWB RAB 674460 6811620 461 43 -60 342
5YMR0080* RWB RAB 674464 6811612 461 47 -60 342
5YMR0081* RWB RAB 674468 6811605 460 30 -60 342
5YMR0083* RWB RAB 674641 6811731 460 53 -60 282
5YMR0084* RWB RAB 674652 6811729 460 56 -60 282
5YMR0085* RWB RAB 674602 6811788 460 9 -60 322
5YMR0086* RWB RAB 674606 6811783 460 15 -60 322
5YMR0087* RWB RAB 674614 6811781 460 53 -60 322
6CURC0003* RWB RC 674416 6811639 461 86 -60 352
6CURC0004* RWB RC 674490 6811656 461 92 -60 342
6CURC0006* RWB RC 674653 6811795 460 68 -60 332
6CURC0008* Currans North RC 674842 6812501 459 62 -60 312
6CURC0009* Currans North RC 674884 6812544 458 80 -60 312
6CURC0010* Currans North RC 674895 6812535 458 104 -60 312
6CURC0011* Currans North RC 674921 6812592 458 80 -60 312
6CURC0012* Currans North RC 674962 6812635 458 74 -60 312
88-01* RWB RAB 674472 6811607 460 47 -60 331
88-02* RWB RAB 674500 6811627 460 50 -59 321
88-03* RWB RAB 674467 6811635 461 60 -59 320
88-04* RWB RAB 674418 6811653 462 70 -60 319
88-05* RWB RAB 674435 6811659 461 64 -60 320
88-06* RWB RAB 674454 6811659 461 67 -60 319
88-07* RWB RAB 674452 6811701 461 64 -60 320
88-08* RWB RAB 674472 6811665 461 62 -60 320
88-09* RWB RAB 674491 6811672 461 61 -60 320
CFAC001* Currans AC 674455 6811733 461 56 -60 90
CFAC013* Currans AC 674307 6811942 461 53 -60 315
CFAC020* Currans AC 674272 6812050 461 51 -60 315
CFAC021* Currans AC 674286 6812033 461 51 -60 315
CFAC022* Currans AC 674304 6812015 461 53 -60 315
CFAC044* Currans AC 674552 6812182 460 45 -60 330
CFAC045* Currans AC 674563 6812166 460 46 -60 330
CFAC046* Currans AC 674620 6812221 459 56 -60 330
CFAC047* Currans AC 674631 6812202 459 68 -60 330
CFRC003* RWB RC 674403 6811638 462 57 -60 340
CFRC004* RWB RC 674427 6811646 462 66 -61 344
CFRC005* RWB RC 674424 6811658 462 54 -60 340
CFRC006* RWB RC 674448 6811664 461 55 -60 343
CFRC007* RWB RC 674450 6811658 461 62 -60 343
CFRC008* RWB RC 674473 6811665 461 60 -59 338
CFRC009* RWB RC 674514 6811701 461 18 -60 342
CFRC009a* RWB RC 674655 6811804 460 54 -60 337

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

12

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 1 – Collar Locations and Drilling Details

Hole Id Prospect Drill Type East North RL Depth Dip Azi
CFRC010* Currans RC 674838 6812492 459 66 -60 320
CFRC012* Currans RC 674846 6812513 459 60 -61 324
CFRC013* Currans RC 674841 6812522 459 48 -60 327
CFRC014* Currans RC 674870 6812521 459 72 -60 321
CFRC015* Currans RC 674863 6812529 459 60 -61 319
CFRC016* Currans RC 674857 6812537 459 48 -60 321
CFRC017* Currans RC 674936 6812635 458 36 -61 322
CFRC018* Currans RC 674602 6812213 459 30 -61 331
CFRC020* Currans RC 674594 6812208 459 18 -60 331
CFRC021* Currans RC 674570 6812190 460 42 -61 331
CFRC023* Currans RC 674572 6812186 459 48 -60 331
CFRC024* Currans RC 674578 6812197 459 48 -61 331
CFRC025* Currans RC 674868 6812438 459 180 -60 325
CFRC026* Currans RC 674856 6812455 459 126 -61 326
CFRC027* Currans RC 674838 6812479 459 72 -63 322
CFRC031* Currans RC 674867 6812480 458 126 -64 322
CFRC032* Currans RC 674863 6812489 458 110 -62 322
CFRC035* Currans RC 674888 6812497 458 114 -61 322
CFRC037* Currans RC 674876 6812513 458 90 -64 319
CFRC038* Currans RC 674852 6812544 459 42 -61 320
CFRC042* Currans RC 674877 6812552 458 60 -60 320
CFRC043* Currans RC 674870 6812560 458 50 -60 320
CFRC046* Currans RC 674845 6812431 459 180 -59 322
CFRC047* Currans RC 674838 6812440 459 160 -60 323
CFRC048* Currans RC 674825 6812455 459 112 -62 323
CFRC051* Currans RC 674383 6811624 461 144 -58 343
CFRC052* Currans RC 674386 6811615 461 138 -60 341
CFRC053* Currans RC 674378 6811634 461 132 -60 339
CFRC056* Currans RC 674410 6811619 461 96 -59 342
CFRC057* Currans RC 674407 6811629 461 72 -60 340
CFRC058* Currans RC 674430 6811637 461 90 -60 342
CFRC059* Currans RC 674433 6811626 461 96 -60 341
CFRC063* Currans RC 674455 6811650 461 78 -60 341
CFRC064* Currans RC 675165 6812442 461 66 -61 271
CFRC065* Currans RC 675175 6812442 461 78 -59 271
CFRC067* Currans RC 674373 6811653 462 96 -59 341
CFRC068* Currans RC 674825 6812415 459 150 -59 316
CFRC069* Currans RC 674845 6812390 459 180 -59 321
CFRC071* Currans RC 674835 6812360 459 198 -60 322
CFRC074* Currans RC 674936 6812571 457 150 -61 320
CFRC076* Currans RC 674850 6812464 459 108 -60 321
CFRC077* Currans RC 674560 6811708 460 120 -57 325
CFRC078* Currans RC 674612 6811739 460 100 -59 321
CFRC079* Currans RC 674663 6811785 460 100 -60 319

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

13

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 1 – Collar Locations and Drilling Details

Hole Id Prospect Drill Type East North RL Depth Dip Azi
CFRC081* Currans RC 674341 6811590 461 180 -60 342
CFRC084* Currans RC 674638 6812186 459 100 -60 330
CFRC085* Taylors Reef RC 674670 6812218 458 112 -60 330
CFRC086* Taylors Reef RC 674679 6812201 458 150 -60 334
CFRC087* Taylors Reef RC 674649 6812169 459 148 -60 330
CFRC089* Taylors Reef RC 674606 6812166 459 144 -60 333
CFRC090* Taylors Reef RC 674612 6812195 459 100 -60 332
CFRC091* Taylors Reef RC 674648 6812215 459 100 -60 329
CNRC005* Regional RC 671212.664 6811602.34 480.12 150 -60 270
CUR0034* Currans RAB 675234 6812548 460 50 -60 272
CUR0054* Currans RAB 674884 6812559 459 50 -60 272
CUR0068* Currans RAB 675156 6812451 460 50 -60 272
CUR0106* Currans RAB 675203 6812349 461 37 -60 272
CUR0107* Currans RAB 675228 6812348 461 50 -60 272
CUR0140* Currans RAB 674896 6812609 459 50 -60 272
CUR0159* Currans RAB 675004 6812706 459 47 -60 272
CUR0160* Currans RAB 675024 6812705 459 50 -60 272
CUR0161* Currans RAB 674946 6812658 459 50 -60 272
CUR0162* Currans RAB 674962 6812657 459 50 -60 272
CUR0166* Currans RAB 674881 6812560 459 50 -60 272
GVRC004 Regional AC 674052 6820177 480 60 -60 270
PW0006 North Dome DD 674216 6822079 474 198.12 -90 0
PW0062 Pincher Hill DD 674307 6820125 477 220.4 -60 238
PW0077 Pincher Hill RC 674138 6820028 486 80 -90 0
PW0078 Pincher Hill RC 674148 6820028 486 80 -90 0
PW0079 Pincher Hill RC 674158 6820028 486 75 -90 0
PW0088 Pincher Hill RC 674190 6820045 484 75 -90 0
PW0091 Pincher Hill RC 674158 6820053 485 76 -90 0
PW0092 Pincher Hill RC 674168 6820053 485 83 -90 0
PW0095 Pincher Hill RC 674159 6820018 486 70 -90 0
PW0096 Pincher Hill RC 674679 6818856 511 60 -60 264
PW0097 Pincher Hill RC 674178 6820078 484 85 -90 0
PWP0194 North Dome RAB 673565 6821123 474 24 -90 0
PWP0393 Pincher Hill RAB 674153 6820028 486 59 -90 0
PWP0551 Pincher Hill RAB 674974 6820136 469 36 -90 0
PWP0557 North Dome RAB 674569 6820732 476 54 -90 0
PWP0601 Pincher Hill RAB 673982 6820177 488 50 -90 0
PWP0603 Pincher Hill RAB 674022 6820177 487 50 -90 0
PWP0604 Pincher Hill RAB 674032 6820177 487 50 -90 0
RXAC939 Regional AC 676739 6811151 475 44 -60 270
VMC052 Regional RC 673963 6821329 459 150 -60 92
VMC054 Regional RC 674045 6821331 460 150 -60 269
VMC058 Regional RC 673869 6821531 464 130 -61 268
YOH-05* RWB RAB 674680 6811829 460 55 -60 332

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

14

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 1 – Collar Locations and Drilling Details

Hole Id Prospect Drill Type East North RL Depth Dip Azi
YOH-06* RWB RAB 674648 6811806 460 55 -60 332
YOH-07* RWB RAB 674614 6811788 460 44 -60 332
YOH-08* RWB RAB 674578 6811763 461 51 -60 332
YOH-09* RWB RAB 674550 6811733 461 40 -60 332
YOH-10* RWB RAB 674526 6811706 461 44 -60 332
YOH-12* RWB RAB 674450 6811671 461 50 -60 332
YOH-14* RWB RAB 674411 6811660 462 35 -60 332
YOH-15* RWB RAB 674360 6811660 462 42 -60 332
YOH-20* Currans RAB 674633 6812061 459 30 -60 342
YOH-24* Currans RAB 674511 6811938 460 40 -60 2
YOH-25* Currans RAB 674927 6812608 458 50 -60 322
YOH-27* Currans RAB 674987 6812676 458 36 -60 322
YOH-28* Currans RAB 675019 6812709 458 36 -60 322
VRAC151* Sovereign AC 675900 6811960 470 65 -60 270
VRAC172* Sovereign AC 675880 6811913 470 71 -60 270
VRAC173* Sovereign AC 675909 6811916 470 81 -60 270
VRAC174* Sovereign AC 675935 6811915 470 77 -60 270
YSRC005* Sovereign RC 675901 6811965 470 96 -60 272
YSRC008* Sovereign RC 675835 6811967 470 102 -59 89
YSRC009* Sovereign RC 675899 6811913 470 150 -61 272
YSRC010* Sovereign RC 675920 6811915 470 180 -60 272
YSRC011* Sovereign RC 675920 6811891 470 200 -61 272
YSRC013* Sovereign RC 675950 6811890 470 220 -61 272
YSRC014* Sovereign RC 675940 6811913 470 180 -60 273
YSRC016* Sovereign RC 675796 6811982 470 220 -60 135
YSRC017* Sovereign RC 675961 6811914 470 240 -60 272
YSRC037* Sovereign RC 675911 6811940 470 150 -61 273
YSRC038* Sovereign RC 675893 6811989 470 150 -61 272
YSRC039* Sovereign RC 675853 6811863 470 240 -60 273
** Drill holes not previously announced.
RXAC932** Penny North AC 676845 6810544 475 81 -60 270
RXAC935** Penny North AC 677087 6810542 475 58 -60 270
RXAC936** Penny North AC 677169 6810541 474 40 -60 270
RXAC949** Penny North AC 677452 6811143 475 62 -60 270
RXAC960** Penny North AC 676893 6810754 476 59 -60 270
RXAC973** Penny North AC 676959 6811546 471 66 -60 270
RXAC1051** Hope AC 681723 6838735 480 34 -60 270
RXAC1121** Target Area 1 AC 677659 6823967 431 36 -60 270
RXAC1127** Target Area 1 AC 677813 6823880 432 57 -60 270
RXAC1132** Target Area 1 AC 677577 6823679 433 49 -60 270
RXAC1133** Target Area 1 AC 677656 6823662 433 55 -60 270
RXAC1134** Target Area 1 AC 677737 6823675 434 56 -60 270
RXAC1136** Target Area 1 AC 677259 6823571 434 81 -60 270
RXAC1137** Target Area 1 AC 677333 6823575 434 65 -60 270

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 1 – Collar Locations and Drilling Details

Hole Id Prospect Drill Type East North RL Depth Dip Azi
RXAC1139** Target Area 1 AC 677497 6823578 434 25 -60 270
RXAC1143** Target Area 1 AC 677817 6823573 434 32 -60 270
RXAC1145** Target Area 1 AC 677080 6823366 436 30 -60 270
RXAC1148** Target Area 1 AC 677552 6823368 435 27 -60 270
RXAC1150** Target Area 1 AC 677136 6823174 439 49 -60 270
RXAC1163** Target Area 1 AC 677317 6822977 442 72 -60 270
RXAC1166** Target Area 1 AC 676926 6824164 432 66 -60 270
RXAC1170** Target Area 1 AC 676264 6825352 433 86 -60 270
RXAC1171** Target Area 1 AC 676344 6825354 433 79 -60 270

Grid MGA94_Zone50S with RL in Australian Height Datum. RC = Reverse Circulation, DD = Diamond, RCD = RC pre-collar with diamond tail, AC = Aircore & RAB = Rotary Air Blast. * Reported drillholes from the acquired Currans Find and Sovereign JV projects from the Youanmi Gold Project transaction as announced on 31 March 2023 and completed on 7 July 2023. ** Drill holes not previously announced.

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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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Table 2 – Significant Intersections

Hole ID Prospect **Drill Type ** From To Interval Aug/t Aug.m.
RXRC496 Linda Gossan RC 30 31 1 0.58 0.58
RXRC497 Linda Gossan RC 9 10 1 0.74 0.74
RXRC498 Sovereign RC 60 61 1 0.64 0.64
RXRC498 Sovereign RC 119 120 1 1.02 1.02
RXRC499 Currans Nth RC NSI
RXRC500 Currans Nth RC NSI
RXRC501 Currans Nth RC NSI
RXRC502 Currans Nth RC NSI
RXRC503 Currans Nth RC 102 103 1 3.68 3.68
RXRC503 Currans Nth RC 107 108 1 0.64 0.64
RXRC504 Currans Nth RC 61 62 1 0.71 0.71
RXRC505 Currans Nth RC NSI
RXRC506 Currans Nth RC 108 109 1 1.83 1.83
RXRC506 Currans Nth RC 112 113 1 1.79 1.79
RXRC507 Currans Nth RC 35 36 1 0.62 0.62
RXRC507 Currans Nth RC 41 44 3 1.22 3.66
RXRC508 Currans Nth RC 20 21 1 0.59 0.59
RXRC509 Currans Nth RC 75 76 1 1.31 1.31
RXRC510 Currans Nth RC NSI
RXRC511 Currans Nth RC 149 151 2 10.80 21.60
Including 149 150 1 21.10 21.10
RXRC511 Currans Nth RC 176 177 1 0.91 0.91
RXRC512 Currans Nth RC 188 189 1 0.76 0.76
RXRC513 RWB RC 70 71 1 5.00 5.00
RXRC514 RWB RC 26 27 1 0.59 0.59
RXRC514 RWB RC 37 40 3 4.77 14.31
RXRC514 RWB RC 75 76 1 0.54 0.54
RXRC514 RWB RC 80 81 1 0.98 0.98
RXRC515 RWB RC NSI
RXRC516 RWB RC NSI
RXRC517 RWB RC 55 56 1 0.60 0.60
RXRC518 RWB RC NSI
RXRC519 RWB RC 18 30 12.00 4.44 53.28
Including 19 26 7.00 6.82 47.74
RXRC520 Taylors Reef RC 24 25 1.00 0.54 0.54
RXRC521 Taylors Reef RC 15 18 3.00 3.10 9.30
RXRC521 Taylors Reef RC 22 23 1 0.63 0.63
RXRC521 Taylors Reef RC 54 55 1 0.51 0.51
RXRC521 Taylors Reef RC 63 64 1 2.72 2.72
RXRC521 Taylors Reef RC 66 70 4 0.91 3.64
Including 66 67 1 1.91 1.91
RXRC522 Taylors Reef RC 75 76 1 4.85 4.85
RXRC522 Taylors Reef RC 79 80 1 4.65 4.65
RXRC523 Taylors Reef RC NSI
RXRC524 Taylors Reef RC NSI
RXRC525 Currans Central RC 29.00 35.00 6.00 5.22 31.32
Including 32.00 35.00 3.00 9.47 28.41
RXRC526 Currans Central RC NSI
RXRC527 Currans Central RC NSI

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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[email protected] www.roxresources.com.au

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Table 2 – Significant Intersections

Hole ID Prospect **Drill Type ** From To Interval Aug/t Aug.m.
RXRC528 Currans Central RC NSI
RXRC529 Currans Central RC NSI
RXRC530 Linda Gossan RC 21 22 1 2.01 2.01
RXRC531 Target Area 1 RC NSI
RXRC532 Target Area 1 RC 115 116 1 0.64 0.64
RXRC532 Target Area 1 RC 126 127 1 1.53 1.53
RXRC540 Target Area 1 RC Pending
* Reported drillholes from the acquired Currans Find and Sovereign JV projects from the Youanmi Gold Project
transaction as announced on 31 March 2023 and completed on 7 July 2023.
5YMR0070* Currans South RAB 31.00 32.00 1.00 0.59 0.59
5YMR0071* Currans South RAB 6.00 7.00 1.00 0.78 0.78
Hole ID Prospect **Drill Type ** From To Interval Aug/t Aug.m.
RXRC528 Currans Central RC NSI
RXRC529 Currans Central RC NSI
RXRC530 Linda Gossan RC 21 22 1 2.01 2.01
RXRC531 Target Area 1 RC NSI
RXRC532 Target Area 1 RC 115 116 1 0.64 0.64
RXRC532 Target Area 1 RC 126 127 1 1.53 1.53
RXRC540 Target Area 1 RC Pending
* Reported drillholes from the acquired Currans Find and Sovereign JV projects from the Youanmi Gold Project
transaction as announced on 31 March 2023 and completed on 7 July 2023.
5YMR0070* Currans South RAB 31.00 32.00 1.00 0.59 0.59
5YMR0071* Currans South RAB 6.00 7.00 1.00 0.78 0.78
5YMR0074* RWB RAB 32.00 33.00 1.00 0.60 0.60
5YMR0076* RWB RAB 9.00 10.00 1.00 1.67 1.67
5YMR0077* RWB RAB 25.00 31.00 6.00 6.28 37.69
5YMR0078* RWB RAB 50.00 54.00 4.00 4.31 17.25
5YMR0079* RWB RAB 0.00 1.00 1.00 0.61 0.61
5YMR0079* RWB RAB 26.00 27.00 1.00 0.70 0.70
5YMR0080* RWB RAB 23.00 24.00 1.00 0.57 0.57
5YMR0081* RWB RAB 0.00 1.00 1.00 0.52 0.52
5YMR0081* RWB RAB 4.00 5.00 1.00 1.26 1.26
5YMR0081* RWB RAB 26.00 29.00 3.00 0.74 2.21
5YMR0083* RWB RAB 29.00 30.00 1.00 0.58 0.58
5YMR0084* RWB RAB 36.00 39.00 3.00 1.21 3.63
5YMR0085* RWB RAB 6.00 7.00 1.00 2.24 2.24
5YMR0086* RWB RAB 2.00 3.00 1.00 0.68 0.68
5YMR0087* RWB RAB 32.00 33.00 1.00 0.76 0.76
5YMR0087* RWB RAB 36.00 41.00 5.00 1.04 5.18
5YMR0087* RWB RAB 42.00 44.00 2.00 0.61 1.21
6CURC0003* RWB RC 40.00 41.00 1.00 6.59 6.59
6CURC0003* RWB RC 43.00 44.00 1.00 0.50 0.50
6CURC0003* RWB RC 48.00 53.00 5.00 2.09 10.43
6CURC0004* RWB RC 80.00 81.00 1.00 0.98 0.98
6CURC0004* RWB RC 83.00 84.00 1.00 1.40 1.40
6CURC0006* RWB RC 40.00 43.00 3.00 1.67 5.01
6CURC0008* Currans North RC 46.00 50.00 4.00 4.83 19.32
6CURC0009* Currans North RC 56.00 59.00 3.00 1.30 3.89
6CURC0009* Currans North RC 77.00 78.00 1.00 0.50 0.50
6CURC0010* Currans North RC 72.00 73.00 1.00 2.61 2.61
6CURC0011* Currans North RC 60.00 61.00 1.00 0.57 0.57
6CURC0012* Currans North RC 36.00 41.00 5.00 1.07 5.37
6CURC0012* Currans North RC 42.00 43.00 1.00 0.60 0.60
6CURC0012* Currans North RC 72.00 73.00 1.00 1.43 1.43
88-01* RWB RAB 30.00 35.00 5.00 0.68 3.42
88-02* RWB RAB 30.00 34.00 4.00 1.34 5.34
88-03* RWB RAB 50.00 51.00 1.00 0.70 0.70
88-04* RWB RAB 0.00 1.00 1.00 0.66 0.66
88-05* RWB RAB 29.00 30.00 1.00 0.55 0.55
88-05* RWB RAB 45.00 46.00 1.00 0.69 0.69
88-06* RWB RAB 0.00 3.00 3.00 0.82 2.47

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

18

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 2 – Significant Intersections

Hole ID Prospect **Drill Type ** From To Interval Aug/t Aug.m.
88-06* RWB RAB 42.00 43.00 1.00 0.51 0.51
88-06* RWB RAB 51.00 60.00 9.00 2.35 21.17
88-07* RWB RAB 46.00 47.00 1.00 0.51 0.51
88-08* RWB RAB 30.00 31.00 1.00 1.31 1.31
88-08* RWB RAB 49.00 50.00 1.00 1.13 1.13
88-09* RWB RAB 0.00 1.00 1.00 1.13 1.13
CFAC001* Currans AC 52.00 56.00 4.00 0.19 0.75
CFAC013* Currans AC 3.00 5.00 2.00 2.31 4.62
CFAC020* Currans AC 0.00 3.00 3.00 1.47 4.41
CFAC021* Currans AC 2.00 5.00 3.00 0.98 2.95
CFAC022* Currans AC 0.00 3.00 3.00 0.81 2.44
CFAC044* Currans AC 16.00 20.00 4.00 0.16 0.62
CFAC045* Currans AC 34.00 36.00 2.00 2.83 5.65
CFAC046* Currans AC 12.00 16.00 4.00 0.16 0.64
CFAC046* Currans AC 19.00 21.00 2.00 0.64 1.27
CFAC046* Currans AC 23.00 25.00 2.00 2.57 5.14
CFAC046* Currans AC 32.00 36.00 4.00 0.19 0.77
CFAC047* Currans AC 28.00 29.00 1.00 1.09 1.09
CFAC047* Currans AC 40.00 44.00 4.00 0.14 0.55
CFAC047* Currans AC 57.00 59.00 2.00 6.68 13.35
CFRC003* RWB RC 43.00 46.00 3.00 1.21 3.63
CFRC004* RWB RC 13.00 16.00 3.00 0.61 1.83
CFRC005* RWB RC 16.00 20.00 4.00 0.25 1.00
CFRC005* RWB RC 24.00 28.00 4.00 0.21 0.84
CFRC005* RWB RC 28.00 31.00 3.00 0.39 1.17
CFRC006* RWB RC 29.00 30.00 1.00 0.74 0.74
CFRC006* RWB RC 36.00 40.00 4.00 4.81 19.25
CFRC007* RWB RC 44.00 48.00 4.00 0.31 1.24
CFRC007* RWB RC 51.00 55.00 4.00 1.52 6.06
CFRC008* RWB RC 46.00 48.00 2.00 2.91 5.82
CFRC008* RWB RC 50.00 53.00 3.00 0.22 0.66
CFRC009* RWB RC 9.00 13.00 4.00 1.19 4.76
CFRC009a* RWB RC 25.00 27.00 2.00 5.67 11.34
CFRC009a* RWB RC 50.00 51.00 1.00 0.53 0.53
CFRC010* Currans RC 46.00 50.00 4.00 2.83 11.33
CFRC012* Currans RC 44.00 48.00 4.00 0.20 0.80
CFRC013* Currans RC 32.00 36.00 4.00 0.20 0.80
CFRC013* Currans RC 36.00 40.00 4.00 0.86 3.44
CFRC014* Currans RC 61.00 63.00 2.00 13.34 26.67
CFRC015* Currans RC 50.00 51.00 1.00 0.67 0.67
CFRC016* Currans RC 39.00 42.00 3.00 27.50 82.50
CFRC016* Currans RC 42.00 45.00 3.00 0.37 1.11
CFRC017* Currans RC 18.00 19.00 1.00 1.59 1.59
CFRC017* Currans RC 20.00 23.00 3.00 0.19 0.57
CFRC018* Currans RC 16.00 20.00 4.00 0.22 0.88
CFRC018* Currans RC 20.00 24.00 4.00 0.65 2.60
CFRC018* Currans RC 27.00 30.00 3.00 0.20 0.60
CFRC020* Currans RC 4.00 8.00 4.00 0.21 0.84
CFRC021* Currans RC 16.00 20.00 4.00 0.36 1.44

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

19

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 2 – Significant Intersections

Hole ID Prospect **Drill Type ** From To Interval Aug/t Aug.m.
CFRC023* Currans RC 18.00 19.00 1.00 2.48 2.48
CFRC023* Currans RC 20.00 24.00 4.00 0.19 0.76
CFRC024* Currans RC 16.00 20.00 4.00 0.22 0.88
CFRC025* Currans RC 92.00 96.00 4.00 0.19 0.76
CFRC025* Currans RC 137.00 138.00 1.00 1.48 1.48
CFRC026* Currans RC 106.00 107.00 1.00 0.68 0.68
CFRC026* Currans RC 115.00 119.00 3.00 32.58 97.74
CFRC027* Currans RC 62.00 63.00 1.00 8.50 8.50
CFRC027* Currans RC 64.00 68.00 4.00 0.17 0.68
CFRC031* Currans RC 92.00 96.00 4.00 0.22 0.88
CFRC031* Currans RC 108.00 111.00 3.00 25.00 75.00
CFRC031* Currans RC 112.00 116.00 4.00 0.16 0.64
CFRC032* Currans RC 72.00 76.00 4.00 0.22 0.88
CFRC032* Currans RC 94.00 95.00 1.00 39.61 39.61
CFRC035* Currans RC 92.00 96.00 4.00 0.22 0.88
CFRC035* Currans RC 96.00 99.00 3.00 1.32 3.97
CFRC035* Currans RC 100.00 104.00 4.00 0.14 0.56
CFRC037* Currans RC 73.00 74.00 1.00 8.51 8.51
CFRC038* Currans RC 31.00 32.00 1.00 1.65 1.65
CFRC042* Currans RC 36.00 40.00 4.00 0.20 0.80
CFRC042* Currans RC 40.00 44.00 4.00 0.13 0.52
CFRC042* Currans RC 46.00 51.00 4.00 9.25 37.00
CFRC042* Currans RC 56.00 60.00 4.00 0.24 0.96
CFRC043* Currans RC 35.00 37.00 2.00 5.94 11.88
CFRC043* Currans RC 39.00 41.00 2.00 1.46 2.92
CFRC043* Currans RC 43.00 46.00 3.00 2.08 6.25
CFRC046* Currans RC 110.00 111.00 1.00 13.32 13.32
CFRC046* Currans RC 128.00 130.00 2.00 3.84 7.68
CFRC047* Currans RC 84.00 86.00 2.00 0.98 1.95
CFRC047* Currans RC 90.00 94.00 4.00 5.28 21.14
CFRC047* Currans RC 111.00 114.00 3.00 3.57 10.70
CFRC048* Currans RC 72.00 76.00 4.00 0.49 1.96
CFRC051* Currans RC 35.00 44.00 9.00 3.27 29.45
CFRC051* Currans RC 44.00 48.00 4.00 0.17 0.68
CFRC052* Currans RC 56.00 59.00 3.00 1.14 3.41
CFRC053* Currans RC 22.00 24.00 2.00 1.46 2.91
CFRC053* Currans RC 24.00 28.00 4.00 0.17 0.68
CFRC053* Currans RC 28.00 29.00 1.00 0.66 0.66
CFRC056* Currans RC 36.00 40.00 4.00 0.13 0.52
CFRC057* Currans RC 60.00 64.00 4.00 0.14 0.56
CFRC058* Currans RC 52.00 56.00 4.00 0.20 0.80
CFRC058* Currans RC 68.00 72.00 4.00 0.14 0.56
CFRC059* Currans RC 56.00 60.00 4.00 0.17 0.68
CFRC063* Currans RC 67.00 68.00 1.00 1.14 1.14
CFRC064* Currans RC 48.00 52.00 4.00 0.23 0.92
CFRC064* Currans RC 52.00 56.00 4.00 0.49 1.96
CFRC064* Currans RC 56.00 60.00 4.00 0.23 0.92
CFRC065* Currans RC 66.00 68.00 2.00 1.62 3.23
CFRC067* Currans RC 32.00 33.00 1.00 0.60 0.60

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

20

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 2 – Significant Intersections

Hole ID Prospect **Drill Type ** From To Interval Aug/t Aug.m.
CFRC067* Currans RC 35.00 36.00 1.00 0.62 0.62
CFRC067* Currans RC 36.00 40.00 4.00 0.14 0.56
CFRC067* Currans RC 41.00 42.00 1.00 0.61 0.61
CFRC068* Currans RC 0.00 1.00 1.00 1.71 1.71
CFRC069* Currans RC 144.00 146.00 2.00 3.26 6.52
CFRC071* Currans RC 163.00 166.00 2.00 5.60 11.20
CFRC074* Currans RC 87.00 88.00 1.00 5.43 5.43
CFRC076* Currans RC 82.00 83.00 1.00 0.98 0.98
CFRC076* Currans RC 86.00 87.00 1.00 4.84 4.84
CFRC077* Currans RC 50.00 52.00 2.00 4.85 9.70
CFRC078* Currans RC 68.00 69.00 1.00 2.47 2.47
CFRC078* Currans RC 87.00 89.00 2.00 5.43 10.85
CFRC079* Currans RC 80.00 81.00 1.00 1.52 1.52
CFRC081* Currans RC 126.00 128.00 2.00 8.04 16.07
CFRC084* Currans RC 16.00 20.00 4.00 0.20 0.80
CFRC084* Currans RC 21.00 24.00 3.00 19.58 58.74
CFRC084* Currans RC 24.00 28.00 4.00 0.20 0.80
CFRC084* Currans RC 73.00 76.00 3.00 14.30 42.91
CFRC084* Currans RC 81.00 84.00 3.00 0.62 1.87
CFRC085* Taylors Reef RC 40.00 44.00 4.00 0.16 0.64
CFRC085* Taylors Reef RC 68.00 72.00 4.00 0.19 0.78
CFRC085* Taylors Reef RC 72.00 76.00 4.00 0.15 0.60
CFRC085* Taylors Reef RC 80.00 84.00 4.00 0.13 0.51
CFRC086* Taylors Reef RC 97.00 100.00 3.00 1.46 4.38
CFRC086* Taylors Reef RC 123.00 125.00 2.00 0.91 1.81
CFRC087* Taylors Reef RC 132.00 135.00 3.00 4.29 12.86
CFRC087* Taylors Reef RC 139.00 140.00 1.00 0.55 0.55
CFRC089* Taylors Reef RC 12.00 13.00 1.00 5.10 5.10
CFRC089* Taylors Reef RC 62.00 64.00 2.00 0.57 1.13
CFRC089* Taylors Reef RC 66.00 67.00 1.00 0.62 0.62
CFRC089* Taylors Reef RC 68.00 72.00 4.00 0.14 0.55
CFRC090* Taylors Reef RC 24.00 28.00 4.00 0.15 0.61
CFRC090* Taylors Reef RC 34.00 35.00 1.00 0.78 0.78
CFRC090* Taylors Reef RC 47.00 52.00 5.00 1.53 7.65
CFRC090* Taylors Reef RC 76.00 80.00 4.00 0.15 0.58
CFRC091* Taylors Reef RC 52.00 56.00 4.00 0.13 0.53
CFRC091* Taylors Reef RC 62.00 63.00 1.00 1.13 1.13
CFRC091* Taylors Reef RC 69.00 70.00 1.00 0.91 0.91
CNRC005 Regional RC 113 114 1 9.40 1.00
CUR0034* Currans RAB 30.00 33.00 3.00 0.89 2.66
CUR0054* Currans RAB 41.00 45.00 4.00 5.27 21.06
CUR0068* Currans RAB 31.00 33.00 2.00 6.13 12.26
CUR0068* Currans RAB 35.00 36.00 1.00 1.14 1.14
CUR0106* Currans RAB 35.00 37.00 2.00 1.14 2.28
CUR0107* Currans RAB 26.00 27.00 1.00 0.65 0.65
CUR0140* Currans RAB 46.00 47.00 1.00 3.24 3.24
CUR0159* Currans RAB 20.00 21.00 1.00 0.85 0.85
CUR0160* Currans RAB 46.00 49.00 3.00 0.94 2.82
CUR0161* Currans RAB 11.00 12.00 1.00 0.64 0.64

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

21

ASX CODE: RXL [email protected] www.roxresources.com.au

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Table 2 – Significant Intersections

Hole ID Prospect **Drill Type ** From To Interval Aug/t Aug.m.
CUR0162* Currans RAB 29.00 32.00 3.00 1.40 4.21
CUR0166* Currans RAB 30.00 31.00 1.00 1.39 1.39
GVRC004 Regional AC 43 45 2 2.32 4.63
GVRC004 Regional AC 47 48 1 5.21 5.21
PW0006 Regional DD 139.7 141.7 2.00 2.85 5.70
PW0062 Regional DD 128.7 131.4 2.70 6.76 18.25
PW0077 Regional RC 74 79 5 1.70 8.49
PW0078 Regional RC 52 54 2 2.72 5.43
PW0079 Regional RC 54 59 5 1.28 6.41
PW0088 Regional RC 32 37 5 1.48 7.42
PW0091 Regional RC 37 39 2 4.40 8.80
PW0092 Regional RC 33 36 3 2.28 6.84
PW0095 Regional RC 31 33 2 3.78 7.56
PW0096 Regional RC 5 6 1 26.30 26.30
PW0096 Regional RC 16 19 3 6.45 19.35
PW0097 Regional RC 37 41 4 1.98 7.92
PW0097 Regional RC 77 80 3 2.43 7.29
PWP0194 Regional RAB 12 18 6 4.60 27.60
PWP0393 Regional RAB 56 59 3 10.43 31.29
PWP0551 Regional RAB 18 20 2 7.40 14.80
PWP0577 Regional RAB 36 38 2 6.78 13.56
PWP0577 Regional RAB 40 44 4 1.75 6.99
PWP0601 Regional RAB 24 26 2 4.00 8.00
PWP0603 Regional RAB 34 40 6 1.20 7.21
PWP0604 Regional RAB 38 44 6 2.22 13.32
RXAC949 Regional AC 16 24 8 1.36 10.90
VMC052 Regional RC 23 24 1 0.74 0.74
VMC054 Regional RC 0 9 9 15.78 141.98
VMC054 Regional RC 12 13 1 0.88 0.88
VMC058 Regional RC 104 108 4 0.96 3.82
YOH-05* RWB RAB 28.00 34.00 6.00 0.12 0.72
YOH-05* RWB RAB 42.00 50.00 8.00 0.77 6.16
YOH-06* RWB RAB 26.00 32.00 6.00 3.75 22.50
YOH-07* RWB RAB 32.00 34.00 2.00 0.25 0.50
YOH-08* RWB RAB 12.00 14.00 2.00 0.95 1.90
YOH-08* RWB RAB 36.00 38.00 2.00 3.10 6.20
YOH-09* RWB RAB 0.00 6.00 6.00 0.15 0.90
YOH-10* RWB RAB 20.00 28.00 8.00 0.60 4.80
YOH-10* RWB RAB 32.00 38.00 6.00 0.52 3.12
YOH-12* RWB RAB 26.00 32.00 6.00 1.85 11.10
YOH-14* RWB RAB 0.00 2.00 2.00 0.35 0.70
YOH-15* RWB RAB 0.00 2.00 2.00 0.45 0.90
YOH-20* Currans RAB 16.00 24.00 8.00 0.16 1.28
YOH-24* Currans RAB 28.00 34.00 6.00 0.17 1.02
YOH-25* Currans RAB 0.00 6.00 6.00 0.30 1.80
YOH-25* Currans RAB 16.00 18.00 2.00 0.30 0.60
YOH-25* Currans RAB 32.00 40.00 8.00 0.16 1.28
YOH-27* Currans RAB 16.00 20.00 4.00 0.32 1.28
YOH-28* Currans RAB 10.00 12.00 2.00 1.05 2.10

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Table 2 – Significant Intersections

Hole ID Prospect **Drill Type ** From To Interval Aug/t Aug.m.
YOH-28* Currans RAB 30.00 36.00 6.00 0.33 1.98
VRAC151* Sovereign AC 24.00 25.00 1.00 10.36 10.36
VRAC151* Sovereign AC 38.00 39.00 1.00 0.61 0.61
VRAC151* Sovereign AC 63.00 65.00 2.00 3.67 7.34
VRAC172* Sovereign AC 53.00 55.00 2.00 0.97 1.93
VRAC172* Sovereign AC 63.00 66.00 3.00 1.00 3.01
VRAC173* Sovereign AC 30.00 36.00 6.00 2.44 14.65
VRAC173* Sovereign AC 44.00 48.00 4.00 0.14 0.56
VRAC173* Sovereign AC 80.00 81.00 1.00 1.07 1.07
VRAC174* Sovereign AC 64.00 68.00 4.00 0.15 0.62
YSRC005* Sovereign RC 42.00 43.00 1.00 0.71 0.71
YSRC005* Sovereign RC 61.00 64.00 3.00 1.98 5.94
YSRC005* Sovereign RC 70.00 72.00 2.00 1.21 2.42
YSRC005* Sovereign RC 78.00 81.00 3.00 6.61 19.84
YSRC008* Sovereign RC 56.00 58.00 2.00 0.64 1.28
YSRC008* Sovereign RC 68.00 69.00 1.00 0.72 0.72
YSRC008* Sovereign RC 92.00 93.00 1.00 2.23 2.23
YSRC009* Sovereign RC 116.00 120.00 4.00 2.68 10.73
YSRC009* Sovereign RC 121.00 122.00 1.00 0.75 0.75
YSRC010* Sovereign RC 13.00 15.00 2.00 0.84 1.67
YSRC010* Sovereign RC 18.00 22.00 4.00 1.86 7.43
YSRC010* Sovereign RC 24.00 27.00 3.00 1.98 5.94
YSRC010* Sovereign RC 59.00 66.00 7.00 3.97 27.76
YSRC010* Sovereign RC 79.00 89.00 10.00 3.64 36.43
YSRC010* Sovereign RC 91.00 92.00 1.00 0.52 0.52
YSRC011* Sovereign RC 56.00 59.00 3.00 1.24 3.71
YSRC011* Sovereign RC 143.00 144.00 1.00 1.23 1.23
YSRC013* Sovereign RC 126.00 129.00 3.00 0.89 2.66
YSRC013* Sovereign RC 148.00 150.00 2.00 2.00 3.99
YSRC013* Sovereign RC 152.00 154.00 2.00 1.00 2.00
YSRC013* Sovereign RC 172.00 176.00 4.00 0.15 0.60
YSRC013* Sovereign RC 176.00 180.00 4.00 0.24 0.96
YSRC014* Sovereign RC 121.00 126.00 5.00 1.27 6.37
YSRC014* Sovereign RC 128.00 131.00 3.00 0.93 2.78
YSRC014* Sovereign RC 153.00 158.00 5.00 0.71 3.53
YSRC014* Sovereign RC 160.00 162.00 2.00 15.83 31.66
YSRC014* Sovereign RC 165.00 168.00 3.00 2.86 8.59
YSRC016* Sovereign RC 172.00 176.00 4.00 0.14 0.56
YSRC016* Sovereign RC 179.00 180.00 1.00 0.55 0.55
YSRC016* Sovereign RC 206.00 208.00 2.00 1.65 3.31
YSRC017* Sovereign RC 169.00 170.00 1.00 2.16 2.16
YSRC017* Sovereign RC 196.00 200.00 4.00 0.14 0.56
YSRC037* Sovereign RC 75.00 77.00 2.00 4.87 9.73
YSRC037* Sovereign RC 79.00 80.00 1.00 1.41 1.41
YSRC038* Sovereign RC 32.00 36.00 4.00 0.15 0.58
YSRC038* Sovereign RC 112.00 113.00 1.00 1.23 1.23
YSRC039* Sovereign RC 116.00 119.00 3.00 1.35 4.05
** Drillingresults notpreviouslyannounced
RXAC932** PennyNorth AC 64 72 8 0.27 0.27

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Table 2 – Significant Intersections

Hole ID Prospect **Drill Type ** From To Interval Au g/t Aug.m.
RXAC932** PennyNorth AC 76 81 5 0.42 0.42
RXAC935** PennyNorth AC 32 36 4 0.19 0.19
RXAC936** PennyNorth AC 36 40 4 0.12 0.12
RXAC949** PennyNorth AC 16 24 8 1.36 1.36
RXAC960** PennyNorth AC 44 48 4 0.11 0.11
RXAC960** PennyNorth AC 52 56 4 0.47 0.47
RXAC973** PennyNorth AC 48 52 4 0.18 0.18
RXAC1051** Hope AC 28 32 4 0.25 0.25
RXAC1121** Target Area 1 AC 24 28 4 0.15 0.15
RXAC1127** Target Area 1 AC 56 57 1 0.11 0.11
RXAC1132** Target Area 1 AC 48 49 1 0.24 0.24
RXAC1133** Target Area 1 AC 44 48 4 0.28 0.28
RXAC1134** Target Area 1 AC 44 48 4 0.55 0.55
RXAC1136** Target Area 1 AC 72 81 9 0.38 0.38
RXAC1137** Target Area 1 AC 0 4 4 0.13 0.13
RXAC1139** Target Area 1 AC 24 25 1 0.27 0.27
RXAC1143** Target Area 1 AC 24 28 4 0.23 0.23
RXAC1145** Target Area 1 AC 28 30 2 0.21 0.21
RXAC1148** Target Area 1 AC 16 20 4 0.28 0.28
RXAC1150** Target Area 1 AC 16 20 4 0.13 0.13
RXAC1163** Target Area 1 AC 68 72 4 0.13 0.13
RXAC1166** Target Area 1 AC 52 56 4 0.11 0.11
RXAC1170** Target Area 1 AC 24 32 8 0.10 0.10
RXAC1171** Target Area 1 AC 56 60 4 0.48 0.48
RXAC1171** Target Area 1 AC 72 79 7 0.14 0.14

Minimum significant intercept is 1m @ 0.5g/t Au, maximum 1m contiguous internal dilution (RC & DD). Minimum significant intercept is 1m @ 0.1g/t Au, maximum 1m contiguous internal dilution (AC & RAB). NSI = No significant Intercept RC = Reverse Circulation, DD = Diamond, RCD = RC pre-collar with diamond tail, AC = Aircore & RAB = Rotary Air Blast. * Reported drillholes from the acquired Currans Find and Sovereign JV projects from the Youanmi Gold Project transaction as a nnounced on 31 March 2023 and completed on 7 July 2023. ** Drilling results not previously announced.

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Competent Person Statement

Exploration Results

The information in this report that relates to Data and Exploration Results is based on information compiled and reviewed by Mr Travis Craig a Competent Person who is a Member of the Australasian Institute of Geologists (AIG) and Exploration Manager at Rox Resources. Mr Craig has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Craig consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Where reference is made to previous releases of exploration results in this announcement, the Company confirms that it is not aware of any new information or data that materially affects the information included in those announcements and all material assu mptions and technical parameters underpinning the exploration results included in those announcements continue to apply and have not materially changed.

The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX.

Resource Statements

The Statement of Estimates of Mineral Resources for the Youanmi Near Surface Resource was reported by Rox in accordance with ASX Listing Rule 5.8 in the announcement released to the ASX on 20th April 2022. Rox confirms it is not aware of any new information or data that materially affects the information included in the previous announcements and that all material assumptions and technical par ameters underpinning the estimates in the previous announcements continue to apply and have not materially changed.

The Statement of Estimates of Mineral Resources for the Youanmi Underground Resource was reported by Rox in accordance with A SX Listing Rule 5.8 in the announcement released to the ASX on 20th January 2022. Rox confirms it is not aware of any new inform ation or data that materially affects the information included in the previous announcements and that all material assumptions and technica l parameters underpinning the estimates in the previous announcements continue to apply and have not materially changed.

The Statement of Estimates of Mineral Resources that relates to gold Mineral Resources for the Mt Fisher – Mt Eureka Project was reported by Rox in accordance with ASX Listing Rule 5.8 in the announcement released to the ASX on 2nd November 2022. Rox confirms it is not aware of any new information or data that materially affects the information included in the previous announcements and that all material assumptions and technical parameters underpinning the estimates in the previous announcements continue to apply and have not materially changed.

ForwardLooking Statements

‐ ‐ This document may include forward looking statements. 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 do cument, the words such as "could," "plan," "estimate," "expect," "intend," "may”, "potential," "should," and similar expressions are forward looking statements.

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 3.2Moz of contained gold, with potential for further expansion with the integ ration 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.

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JORC Table 1 - Section 1 Data and Sampling Techniques

Criteria JORC Code explanation
Commentary
Sampling
techniques
Nature and quality of sampling (e.g. cut channels,
random chips, or specific specialised industry standard
measurement tools appropriate to the minerals under
investigation, such as down hole gamma sondes, or
handheld XRF instruments, etc). These examples
should not be taken as limiting the broad meaning of
sampling.
RC hole diameter was 5.5" (140 mm) reverse
circulation percussion (RC). Sampling of RC holes was
undertaken by collecting cone split samples at 1m
intervals.
Aircore hole diameter was 85mm. Sampling of AC
holes was undertaken by collecting (scoop) a
combination of composite sampling (2m to 5m).
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
Drill holes were generally angled at -600towards grid
northeast (but see Table for individual hole dips and
azimuths)
to
intersect
geology
as
close
to
perpendicular as possible.
Include reference to measures taken to ensure sample
representivity and the appropriate calibration of any
measurement tools or systems used
RC Drillhole locations were picked up by differential
GPS.
AC were picked up using a handheld GPS.
Logging of drill samples included lithology, weathering,
texture, moisture and contamination (as applicable).
Sampling protocols and QAQC are as per industry best
practice procedures.
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
Aspects of the determination of mineralisation that are
Material to the Public Report. In cases where ‘industry
standard’ work has been done this would be relatively
simple (e.g. ‘reverse circulation drilling was used to
obtain 1 m samples from which 3 kg was pulverised to
produce a 30 g charge for fire assay’). In other cases
more explanation may be required, such as where
there is coarse gold that has inherent sampling
problems. Unusual commodities or mineralisation
types (e.g. submarine nodules) may warrant disclosure
of detailed information
RC drillholes were sampled on either 1m intervals or
4m composites using a cone splitter. A nominal 3-4kg
sample is taken and analysed for gold by Fire Assay
50g.
Aircore drilling was sampled (scooped) using a
combination of composite sampling (2m to 4m). An
additional end-of-hole multi-element sample was taken
where applicable.
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
Drilling
techniques
Drill type (e.g. core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc) and
details (e.g. core diameter, triple or standard tube,
depth of diamond tails, face-sampling bit or other type,
whether core is oriented and if so, by what method,
etc).
Drilling technique was Reverse Circulation (RC) and
aircore (AC).
The RC hole diameter was 140mm face sampling
hammer.
The AC drilling had a hole diameter of 85mm.
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
Drill sample
recovery
Method of recording and assessing core and chip
sample recoveries and results assessed
RC drill recoveries were high (>90%).
Measures taken to maximise sample recovery and
ensure representative nature of the samples
Samples were visually checked for recovery, moisture
and contamination and notes made in the logs.
Whether a relationship exists between sample recovery
and grade and whether sample bias may have
occurred due to preferential loss/gain of fine/coarse
material.
There is no observable relationship between recovery
and grade, and therefore no sample bias.

[email protected] www.roxresources.com.au

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JORC Table 1 - Section 1 Data and Sampling Techniques

Criteria JORC Code explanation Commentary
Logging Whether core and chip samples have been geologically
and geotechnically logged to a level of detail to support
appropriate Mineral Resource estimation, mining
studies and metallurgical studies.
Detailed geological logs have been carried out on all
AC, RC and diamond holes, but no geotechnical data
has been recorded (or is possible to be recorded due
to the nature of the sample).
Whether logging is qualitative or quantitative in nature.
Core (or costean, channel, etc) photography.
Logging of AC and RC chips recorded lithology,
mineralogy, mineralisation, weathering, colour, and
other sample features. RC chips are stored in plastic
RC chip trays and photographed.
The total length and percentage of the relevant
intersections logged
All holes were logged in full.
Sub-sampling
techniques and
sample
preparation
If core, whether cut or sawn and whether quarter, half
or all core taken.
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
If non-core, whether riffled, tube sampled, rotary split,
etc and whether sampled wet or dry.
AC samples were scooped or speared directly from the
drill sample pile.
A composite sample was then made over 2-4m.
RC samples were collected on the drill rig using a cone
splitter. If any mineralised samples were collected wet
these were noted in the drill logs and database.
For all sample types, the nature, quality and
appropriateness of the sample preparation technique.
The sample preparation followed industry best
practice.
Fire Assay samples were dried, coarse crushing to
~10mm, followed by pulverisation of the entire sample
in an LM5 or equivalent pulverising mill to a grind size
of 85% passing 75 micron.
Quality control procedures adopted for all sub-sampling
stages to maximise representivity of samples.
Field QC procedures involve the use of Certified
Reference Materials (CRM’s) as assay standards,
along with duplicates and blank samples. The insertion
rate of the CRM’s was approximately 1:20, and blank
sample insertion rate was approximately 1:50.
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
Measures taken to ensure that the sampling is
representative of the in situ material collected, including
for instance results for field duplicate/second-half
sampling.
For RC drilling, field duplicates were taken on a routine
basis at an approximate 1:20 ratio using the same
sampling techniques (i.e. cone splitter) and inserted
into the sample run. No field duplicates were taken for
AC drilling
Whether sample sizes are appropriate to the grain size
of the material being sampled.
The sample sizes are considered more than adequate
to ensure that there are no particle size effects relating
to the grain size of the mineralisation which lies in the
percentage range.
Quality of assay
data and
laboratory tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and whether
the technique is considered partial or total.
The analytical technique involved Fire Assay 50g.

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JORC Table 1 - Section 1 Data and Sampling Techniques

Criteria JORC Code explanation
Commentary
For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining
the analysis including instrument make and model,
reading times, calibrations factors applied and their
derivation, etc.
No geophysical or portable analysis tools were used to
determine assay values stored in the database.
Nature of quality control procedures adopted (e.g.
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy (i.e.
lack of bias) and precision have been established.
Internal laboratory control procedures involve duplicate
assaying of randomly selected assay pulps as well as
internal laboratory standards. All of these data are
reported to the Company and analysed for consistency
and any discrepancies.
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
Verification of
sampling and
assaying
The verification of significant intersections by either
independent or alternative company personnel.
Senior personnel from the Company have visually
inspected
mineralisation
within
significant
intersections.
The use of twinned holes.
No twinned holes to date.
Documentation of primary data, data entry procedures,
data verification, data storage (physical and electronic)
protocols.
Primary data was collected using a standard set of
Excel templates on Toughbook laptop computers in the
field. These data are transferred to Geobase Pty Ltd for
data verification and loading into the database.
Discuss any adjustment to assay data.
No adjustments or calibrations have been made to any
assay data.
Location of data
points
Accuracy and quality of surveys used to locate
drillholes (collar and down-hole surveys), trenches,
mine workings and other locations used in Mineral
Resource estimation.
For RC drill holes, locations have been established
using a differential GPS with an accuracy of +/- 0.3m.
For AC drill holes, locations have been established
using a field GPS unit.
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
Specification of the grid system used.
The grid system is MGA_GDA94, zone 50 for easting,
northing and RL.
Quality and adequacy of topographic control.
The topography of the mined open pits is well defined
by historic monthly survey pickups
Data spacing and
distribution
Data spacing for reporting of Exploration Results.
Drill hole spacing varies 20-200 metres between drill
sections, with some areas at 40 metre drill section
spacing. Down dip step-out distance varies 20-100
metres.
Whether the data spacing and distribution is sufficient
to establish the degree of geological and grade
continuity appropriate for the Mineral Resource and
Ore
Reserve
estimation
procedure(s)
and
classifications applied.
For RC drilling data spacing and distribution are
sufficient to establish the degree of geological and
grade
continuity
appropriate
for JORC
(2012)
classifications applied.
Whether sample compositing has been applied.
AC results reported are based on 2-4m composite
samples for gold.
For RC samples, 1m samples through target zones
were sent to the laboratory for analysis. The remainder
of the hole was sampled using 4m composite samples.
For 4m composite samples >0.2g/t Au, 1m samples
were collected and sent to the laboratory for analysis..

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JORC Table 1 - Section 1 Data and Sampling Techniques

Criteria JORC Code explanation Commentary
Orientation of
data in relation to
geological
structure
Whether the orientation of sampling achieves unbiased
sampling of possible structures and the extent to which
this is known, considering the deposit type.
The mineralisation strikes generally ENE and dips to
the SE / sub-vertical.
For RC drill holes the orientation was approximately
320 and -60 dip. Drilling is believed to be generally
perpendicular to strike of the lodes.
AC drill holes were generally drilled along E-W
traverses. Holes were angled -60 on an azimuth of 270.
This
was
based
off
interpreted
east
dipping
stratigraphy (based on field mapping and geophysical
data).
If the relationship between the drilling orientation and
the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed and reported if material.
No sampling bias is believed to have been introduced.
Sample security The measures taken to ensure sample security. Sample security is managed by the Company. After
preparation in the field samples are packed into
polyweave bags and despatched to the laboratory. For
a large number of samples these bags were
transported by the Company directly to the assay
laboratory. In some cases the sample were delivered
by a transport contractor the assay laboratory. The
assay laboratory audits the samples on arrival and
reports any discrepancies back to the Company. No
such discrepancies occurred.
Diamond drilling at the Pincher Well project was
completed in the 1970’s and no information is available
for this work.
Audits or reviews
The results of any audits or reviews of sampling
techniques and data.
No audits have yet been completed.

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JORC Table 1 - Section 2 Reporting of Exploration Results

Criteria JORC Code explanation
Commentary
Mineral tenement
and land tenure
status
Type, reference name/number, location and ownership
including agreements or material issues with third
parties such as joint ventures, partnerships, overriding
royalties,
native
title
interests,
historical
sites,
wilderness or national park and environmental settings.
Rox Resources Ltd has a 90% of the gold rights for
the Currans Find JV. Tenements in the JV include
M57/0641 and M57/0642.
Rox Resources Ltd has 100% of the gold rights for the
Venus Metals JV. Tenements in the JV include
E57/1019, 1018, 1023, 0982 and 1078.
The security of the tenure held at the time of reporting
along with any known impediments to obtaining a
licence to operate in the area.
The tenement is in good standing and no known
impediments exist.
Exploration done
by other parties
Acknowledgment and appraisal of exploration by other
parties.
Historical exploration in the area was extensive and
dates back to the early 1970s. In the early 1980s,
several companies including Inca Gold which
conducted extensive underground mapping and
sampling, Gold Mines of Australia and Black Hill
Minerals NL, conducted percussion drilling and soil
sampling. Later, CRA, Eastmet (later Gold Mines of
Australia) and Goldcrest explored the Currans Find
area. Several stages of soil geochemistry, RAB
drilling and one program of RC drilling were
completed. In 2019 Venus Metals (ASX: VMC)
completed an extensive RC program at Currans
North, Taylor’s Reef and Red, White & Blue.
Geology Deposit
type,
geological
setting
and
style
of
mineralisation.
Archean lode gold associated with quartz reefs in
brittle-ductile shear zones. The dominant host rocks
are mafic and ultramafic in composition with lesser
intermediate rocks. The distribution of gold appears to
be irregular but is generally associated with quartz
veining.
Drill hole
Information
A summary of all information material to the
understanding of the exploration results including a
tabulation of the following information for all Material drill
holes:

easting and northing of the drill hole collar

elevation or RL (Reduced Level – elevation
above sea level in metres) of the drill hole
collar

dip and azimuth of the hole

down hole length and interception depth

hole length.
Refer to drill results Table/s and the Notes attached
thereto.
Data aggregation
methods
In reporting Exploration Results, weighting averaging
techniques,
maximum
and/or
minimum
grade
truncations (e.g. cutting of high grades) and cut-off
grades are usually Material and should be stated.
All reported assay intervals have been length
weighted. No top cuts have been applied. A lower cut-
off of 0.5g/t Au was applied for RC and Daimond.
0.1g/t for Aircore and RAB.
Where aggregate intercepts incorporate short lengths of
high-grade results and longer lengths of low-grade
results, the procedure used for such aggregation should
be stated and some typical examples of such
aggregations should be shown in detail.
Mineralisation over 0.5g/t Au has been included in
aggregation of intervals for RC and daimond and
0.1g/t for Aircore & RAB.
The assumptions used for any reporting of metal
equivalent values should be clearly stated.
No metal equivalent values have been used or
reported.

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JORC Table 1 - Section 2 Reporting of Exploration Results

Criteria JORC Code explanation Commentary
Relationship The mineralisation strikes generally ENE and dips to
between the SE between 60 and 80 degrees.
mineralisation For RC drill holes the orientation was approximately
widths and
intercept lengths
These relationships are particularly important in the
reporting of Exploration Results.
320 and -60 dip. Drilling is believed to be generally
perpendicular to the strike of the lodes.
Given the angle of the drill holes and the interpreted
If the geometry of the mineralisation with respect to the
drill hole angle is known, its nature should be reported.
dip of the host rocks and mineralisation reported
intercepts approximate true width.
However secondary oxide (supergene /redox)
If it is not known and only the down hole lengths are
reported, there should be a clear statement to this effect
(e.g. ‘down hole length, true width not known’).
mineralisation generally occurs as flat horizontal
blankets overlying the primary mineralisation. The
angled orientation of AC drilling may introduce minor
sampling bias (increasing the intercept width of flat
lying secondary mineralisation by up to 16%).
All drill hole intercepts are measured in downhole
metres.
Diagrams Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for any
significant discovery being reported These should Refer to Figures and Table in the text.
include, but not be limited to a plan view of drill hole
collar locations and appropriate sectional views.
Balanced Where comprehensive reporting of all Exploration
reporting Results is not practicable, representative reporting of
both low and high grades and/or widths should be
practiced to avoid misleading reporting of Exploration
Representative reporting of both low and high grades
and widths is practiced.
Results.
Other Other exploration data, if meaningful and material,
substantive should be reported including (but not limited to):
exploration data geological observations; geophysical survey results;
geochemical survey results; bulk samples – size and All meaningful and material information has been
method of treatment; metallurgical test results; bulk included in the body of the announcement.
density,
groundwater,
geotechnical
and
rock
characteristics; potential deleterious or contaminating
substances.
Further work The nature and scale of planned further work (e.g. tests
for lateral extensions or depth extensions or large-scale
step-out drilling).
Diagrams clearly highlighting the areas of possible
extensions, including the main geological interpretations
Further work (Aircore, RC and diamond drilling) is
justified to locate extensions to mineralisation both at
depth and along strike.
and future drilling areas, provided this information is not
commercially sensitive

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ASX CODE: RXL [email protected] www.roxresources.com.au