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ROX RESOURCES LIMITED — Capital/Financing Update 2021
Jan 13, 2021
65741_rns_2021-01-13_d7dd761d-9f77-4bda-9389-fdd522219cd1.pdf
Capital/Financing Update
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RRL1726D
ASX ANNOUNCEMENT
14 January 2021
Youanmi Exploration Update
Highlights:
ROX RESOURCES LIMITED ASX: RXL
Rox Resources Limited (ASX: RXL) is an Australian listed company with advanced gold and nickel projects in Western Australia: the Youanmi Gold Project, Mt Fisher Gold project, and the Fisher East and Collurabbie Nickel projects.
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Two new high priority targets, “Link” and “Junction” identified with testing ongoing.
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RC drilling returns strong results :
RXRC344: 12m @ 6.54g/t Au from 28m. New, high-grade zone identified in granite north of Rebel Pit at Link .
RXRC341: 2m @ 11.81g/t Au from 53m and 10m @ 1.4g/t Au from 164m. New high-grade zone identified in Granite 200m north of United North Pit at Link .
RXRC121: 3m @ 9.6g/t Au from 196m ( Grace North ).
DIRECTORS
Mr Stephen Dennis Chairman
Mr Alex Passmore Managing Director
Dr John Mair Non-Executive Director
Shares on Issue 2,041m Share Price $0.05 Market Cap. $102m Cash & $11.8m Receivables (incl $3.75m receivable, as at 30 Sept 2020)
Level 1, 34 Colin Street, West Perth WA 6005
RXRC325: 12m @ 1.72g/t Au from 28m ( Grace North , shallow)
Assays pending for 12 holes.
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Assays received for 8 diamond holes at Grace with results pending for 2 holes.
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High grade results include: RXDD004: 1m @ 18.62g/t Au from 202m
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AC drilling of 339 holes for 16,297m was completed in the December quarter, with all assays now received. The results show: (1) Widespread gold anomalism associated with structures in the Youanmi Granite and (2) Prospective targets along the Youanmi mine corridor
____________
Australian gold and nickel company, Rox Resources Limited (“Rox” or “the Company”) (ASX: RXL), in conjunction with its joint venture partner Venus Metals Corporation Limited (ASX: VMC) is pleased to provide an update on exploration activities at Youanmi in the OYG JV area (Rox 70% and Manager, VMC 30%).
+61 8 9226 0044
www.roxresources.com.au
Managing Director Alex Passmore commented: “We are pleased to report strong results from our comprehensive program undertaken late in 2020 demonstrating the endowment of the Youanmi gold project. Additionally we look forward to commencing testing of our two new compelling near mine targets in late January or early February.
Further results are reported herein relating to drilling undertaken in the latter part of CY2020. Drilling was focussed on the Grace prospect, near mine targets and areas of known mineralisation in proximity to existing resources.
Rox continued to receive data for the northern extents of the Grace mineralisation in November and December. The favourable structure and lithology (green, sericitized quartz altered granite) continues although grades into less continuous zones along the Grace structure to the north. The Grace lode transitions into the wider lower grade open pit prospect Plant Zone.
Importantly, the southern extent of the Grace structure, and the structure at depth have emerged as compelling targets. Rox’s exploration model indicates that this zone has strong potential for significantly enhancing near mine gold inventory. The southern part of the Grace structure likely intersects the Youanmi mine shear below and south of the historically mined Pollard lodes (Figure 1). These lodes were principally mined in the 1930’s with historical mine records indicating production of 260,000oz at 15 g/t Au mined grade. The modern era (1987 – 1993) open pit then mined out remnant mineralisation between surface and 120m below ground level.
This new target “Junction” is to be tested via drilling commencing in late January or early February 2021.
Elsewhere, Aircore drilling to test new targets to the north of the Youanmi mine area has identified extensive gold anomalism in the Youanmi Granite. Several zones greater than 250ppb Au have been delineated indicating gold bearing structures in the granite, that when traced back to intersecting positions in the mafic lithologies, present high priority drill targets.
Activities since the start of October 2020 also focused on identifying new high-grade, north-south trending structures (i.e. analogous to Grace) north of prospects Hill End, United North, Kathleen, and Rebel. RC drilling of 22 holes for 3,928m was completed.
Several new zones of mineralisation have been identified, which are expected to show similar metallurgical characteristics to Grace (i.e. free milling) and may present future opportunities for incorporation into shallow oxide resource inventory.
The intersection zones of these gold bearing structures with regional structures in mafic lithologies are key targets for further RC drilling to be undertaken in Q1 2021.
RC Drilling
The late 2020 RC program has identified a series of north striking lodes within the Younami Granite at the United North and Rebel prospects. This drilling continues to provide excellent results including:
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RXRC344: 12m @ 6.54g/t Au from 28m New high-grade zone identified North of Rebel Pit.
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RXRC341: 1m @ 2.78g/t Au from 31m, 2m @ 11.81g/t Au from 53m and 10m @ 1.4g/t Au from 164m. New high-grade zone identified in Granite 200m North of United North Pit.
(see Table 1 for all new results and Figure 2 for highlights).
RC drilling in early 2021 is focused on testing recently discovered north trending lodes at Rebel and United North.
Diamond Drilling
Assays have been received for 8 diamond holes at Grace with results pending for 2 holes.
High grade results include:
RXDD004: 1m @ 18.62g/t Au from 202m
The program was completed in the December quarter and comprised 9 holes for 1,192m to test the following:
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Three shallow (50-70m) diamond holes at the high-grade main shoot to confirm reliability of RC drilling and obtain specific gravity data for resource estimation.
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Two 300m holes at Grace to determine structural controls on mineralisation. Interpretation is ongoing.
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Three deeper (340-380m) holes at Grace North. The holes extended RC holes that previously failed to reach target depth.
Logging of mineralised core intercepts from Grace indicate that gold is hosted within a west dipping zone of strong sericite altered granite, shear veins and quartz-stibnite-gold breccia-style veins within a broad north trending structural zone.
Priority diamond drilling has been planned at the Grace-Mine Shear Junction and is scheduled to commence in February 2021.
The Company looks forward to updating the market on the further results of ongoing aircore, RC and diamond drill programs as results come to hand.
==> picture [501 x 307] intentionally omitted <==
Figure 1 - The Grace-Mine shear zone intersection below the southern half of Main Pit i.e. “Junction Target”.
Junction Target Area
The intersection of N-S trending lode structures (Hill End, Peru) with the NW trending high strain zone (Main Pit, northern pits) is where the major accumulations of gold are found at Youanmi. The Junction Target is the region where the Grace Lode and Mine Lode converge beneath both the Youanmi Main Pit and historically mined high-grade Pollard Lode. The Junction Target presents a high priority target area and was not tested by past explorers with no effective historical drilling completed at depth, down plunge of mineralisation seen in the Pollard lodes.
OYG JV Aircore Drilling
Youanmi Granite
Following the discovery of Grace, situated in the Youanmi granite (historically considered unprospective), Rox undertook an extensive aircore drilling program to delineate other gold bearing structures in the same rock unit.
Assays have been received for the first phase of the program, totalling 251 holes for 11,534m. The best result returned was in RXAC022, showing 4m @ 15.95g/t Au from 36m in granite 3km north of the Youanmi Mine and the Grace zone (Figure 2).
Much of the sporadic historical RAB drilling undertaken by previous operators failed to penetrate an almost ubiquitous silcrete layer at around 11m vertical depth, leaving extensive granite-hosted mineralisation undetected.
This program delineated ten large >250ppb Au anomalous areas. Five of these are greater than 500m in strike length (Figure 2). These anomalies add confidence to the proposition that the Youanmi granite may host large tonnage free milling oxide material.
The anomalies are to be tested in Q1 2021 with RC drilling.
Bunker Area
The Bunker area has two of the key components of the Youanmi mineralisation model
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The mine corridor high-Fe sequence (NNE-trending, E-dipping)
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NNW-trending mineralised structure - subparallel equivalent of the mine corridor high-strain zone.
Magnetic imagery shows a distinct ~15° sinistral bend in the high-Fe sequence coincident with the Bunker Pit. There are also several demagnetised breaks in the magnetic highs (BIF), which represent cross-cutting structures. The 1km[2] flexure zone was tested with AC drilling, with the aim of discovering high-grade oxide deposits. The first phase of the program has been completed, totalling 74 holes for 4,331m.
High grade results returned from this round of drilling (see Table 1 and Figure 3) include:
- RXAC462: 8m @ 1.35g/t Au from 32m to 40m within a broader zone of mineralisation of 24m @ 0.73g/t Au from 20m to 44m
RXAC465: 8m @ 1.31g/t Au from 24m to 32m within a broader zone of mineralisation of 28m @ 0.59g/t Au from 24m to 52m
These results are highly encouraging being 400m north along strike (N-S) from Bunker Pit (past production of 7,400ozs at 3.3 g/t Au) in a newly identified structure.
==> picture [418 x 591] intentionally omitted <==
Figure 2 – Youanmi mineralised corridor showing N-S structures in Granite.
==> picture [490 x 582] intentionally omitted <==
Figure 3. Gold geochemistry grid from aircore drilling in the Youanmi Granite over greyscale magnetics.
Sub-Audio Magnetic (SAM) Trial Survey
The SAM geophysical method was trialled for the primary aim of mapping gold mineralised structures over a 2.5km by 1.5km target area in the very weakly magnetic Youanmi granite and potential extensions to the southeast, beneath historical mine infrastructure (waste dumps and TSFs) that has been poorly drill tested by past explorers.
The SAM method maps the resistivity variations in regolith and bedrock geology. An electrical current is channelled between two widely separated electrodes located along the strike of interest and straddling the survey area. The current is channelled along lower resistivity zones in this direction as these form paths of least resistance. The survey has provided high-resolution magnetic, conductivity and off-time electromagnetic (EM) data.
The results of the SAM survey indicate that known granite hosted mineralisation (Plant Zone and Grace) is associated with magnetometric conductivity lows (more resistive rocks) due to intense silica-sericite alteration.
The SAM method was successful in mapping target structures and numerous priority target structures have been identified. (Figure 4)
Exploration Model and Forward Plans
Rox’s recent exploration work has identified the important Link and Junction targets which represent the intersection zones between north-south trending structures and the NW trending mine shear. The intersection of the Grace structure (Figures 5 & 6) with the NW trending mine shear represents a high priority target for adding ounces to the overall project resource in the first half of 2020.
==> picture [483 x 574] intentionally omitted <==
Figure 4 - First Vertical Derivative of magnetometric conductivity (MMC). SAM survey.
High MMC responses (red-white) are sourced by conductive features and MMC low responses (blue-green) are related to more resistive features. Downhole Au grades show a strong correlation of gold mineralisation with MMC lows due to intense silica-sericite alteration. High priority target structures in red.
==> picture [442 x 625] intentionally omitted <==
Figure 5 – RC and Diamond Drill hole collars and intercepts over Aerial Photo.
==> picture [965 x 609] intentionally omitted <==
Figure 7 - Grace Prospect long section.
Authorised for release to ASX by Alex Passmore, Managing Director
* ENDS ***
For more information:
Alex Passmore Managing Director Rox Resources Limited Tel: +61 8 9226 0044 [email protected]
Matt Hogan Managing Director Venus Metals Corporation Limited Tel: +61 8 9321 7541
Table 1 – Significant Intersections
| Hole ID | Prospect | Drill **type ** |
From | to | Interval | Aug/t | Aug.m |
|---|---|---|---|---|---|---|---|
| RXRC121 | Grace North | RC | 196 | 199 | 3 | 9.64 | 28.92 |
| RXRC203 | Grace North | RC | 152 | 153 | 1 | 0.61 | 0.61 |
| RXRC203 | Grace North | RC | 168 | 169 | 1 | 0.5 | 0.5 |
| RXRC205 | Grace North | RC | 134 | 138 | 4 | 0.87 | 3.48 |
| RXRC193 | Grace North | RC | 58 | 66 | 8 | 0.5 | 4 |
| RXRC319 | Grace North | RC | 134 | 138 | 4 | 0.87 | 3.48 |
| RXRC321 | Grace North | RC | 231 | 232 | 1 | 0.87 | 0.87 |
| RXRC322 | Grace North | RC | 72 | 76 | 4 | 1.79 | 7.16 |
| RXRC322 | Grace North | RC | 174 | 175 | 1 | 0.53 | 0.53 |
| RXRC322 | Grace North | RC | 181 | 186 | 5 | 0.86 | 4.3 |
| RXRC322 | Grace North | RC | 215 | 216 | 1 | 0.94 | 0.94 |
| RXRC323 | Grace North | RC | 59 | 63 | 4 | 0.9 | 3.6 |
| RXRC324 | Grace North | RC | 92 | 96 | 4 | 0.82 | 3.28 |
| RXRC325 | Grace North | RC | 28 | 40 | 12 | 1.72 | 20.64 |
| RXRC325 | Grace North | RC | 48 | 52 | 4 | 0.63 | 2.52 |
| RXRC325 | Grace North | RC | 108 | 110 | 2 | 1.08 | 2.16 |
| RXRC325 | Grace North | RC | 128 | 129 | 1 | 6.46 | 6.46 |
| RXRC326 | Plant Zone S | RC | 143 | 144 | 1 | 0.85 | 0.85 |
| RXRC329 | Hill End E | RC | 136 | 137 | 1 | 0.51 | 0.51 |
| RXRC330 | Plant Zone | RC | 126 | 151 | 25 | 0.8 | 20 |
| RXRC333 | Hill End E | RC | 61 | 73 | 12 | 1.4 | 16.8 |
| RXRC334 | Plant Zone | RC | 36 | 44 | 8 | 1.52 | 12.16 |
| RXRC334 | Plant Zone | RC | 48 | 52 | 4 | 1.4 | 5.6 |
| RXRC334 | Plant Zone | RC | 109 | 111 | 2 | 1.18 | 2.36 |
| RXRC335 | Plant Zone | RC | 0 | 1 | 1 | 0.96 | 0.96 |
| RXRC335 | Plant Zone | RC | 36 | 40 | 4 | 0.64 | 2.56 |
| RXRC336 | Plant Zone | RC | 0 | 2 | 2 | 0.98 | 1.96 |
| RXRC336 | Plant Zone | RC | 52 | 56 | 4 | 0.75 | 3 |
| RXRC336 | Plant Zone | RC | 92 | 93 | 1 | 0.62 | 0.62 |
| RXRC336 | Plant Zone | RC | 110 | 111 | 1 | 1.38 | 1.38 |
| RXRC336 | Plant Zone | RC | 128 | 132 | 4 | 1.87 | 7.48 |
| RXRC336 | Plant Zone | RC | 148 | 149 | 1 | 0.71 | 0.71 |
| RXRC340 | United NE | RC | 23 | 29 | 6 | 1.4 | 8.4 |
| RXRC340 | United NE | RC | 35 | 37 | 2 | 0.78 | 1.56 |
| RXRC340 | United NE | RC | 43 | 46 | 3 | 0.5 | 1.5 |
| RXRC340 | United NE | RC | 51 | 52 | 1 | 3.05 | 3.05 |
| RXRC341 | United NE | RC | 31 | 32 | 1 | 2.78 | 2.78 |
| RXRC341 | United NE | RC | 53 | 55 | 2 | 11.81 | 23.62 |
| RXRC341 | United NE | RC | 164 | 174 | 10 | 1.4 | 14 |
| RXRC342 | Rebel E | RC | 44 | 46 | 2 | 2.98 | 5.96 |
| RXRC344 | Rebel N | RC | 28 | 40 | 12 | 6.54 | 78.48 |
|---|---|---|---|---|---|---|---|
| RXRC344 | Rebel N | RC | 45 | 47 | 2 | 1.22 | 2.44 |
| RXRC344 | Rebel N | RC | 173 | 174 | 1 | 0.82 | 0.82 |
| RXRC347 | United Deeps |
RC | 108 | 112 | 4 | 0.92 | 3.68 |
| RXRC347 | United Deeps |
RC | 140 | 144 | 4 | 0.54 | 2.16 |
| RXRC347 | United Deeps |
RC | 152 | 156 | 4 | 0.68 | 2.71 |
| RXRC347 | United Deeps |
RC | 160 | 164 | 4 | 0.58 | 2.33 |
| RXRC347 | United Deeps |
RC | 188 | 192 | 4 | 8.99 | 35.99 |
| RXRC347 | United Deeps |
RC | 216 | 220 | 4 | 0.77 | 3.06 |
| RXRC349 | United East | RC | 0 | 4 | 4 | 0.60 | 2.39 |
| RXRC349 | United East | RC | 16 | 20 | 4 | 0.88 | 3.54 |
| RXRC350 | United East | RC | 40 | 48 | 8 | 2.88 | 23.02 |
| RXRC351 | Junction Target |
RC | 196 | 204 | 8 | 1.39 | 11.15 |
| RXRC351 | Junction Target |
RC | 220 | 228 | 8 | 2.59 | 20.72 |
| RXDD002 | Grace | DD | 104.5 | 105.1 | 0.6 | 1.56 | 0.936 |
| RXDD002 | Grace | DD | 125 | 126 | 1 | 1.00 | 1 |
| RXDD003 | Grace | DD | 150 | 151 | 1 | 0.57 | 0.57 |
| RXDD003 | Grace | DD | 163 | 166 | 3 | 1.30 | 3.9 |
| RXDD004 | Grace | DD | 172 | 173 | 1 | 2.64 | 2.64 |
| RXDD004 | Grace | DD | 185 | 186 | 1 | 1.07 | 1.07 |
| RXDD004 | Grace | DD | 202 | 203 | 1 | 18.62 | 18.62 |
| RXDD004 | Grace | DD | 205 | 206 | 1 | 0.66 | 0.66 |
| RXDD004 | Grace | DD | 256 | 260 | 4 | 1.01 | 4.04 |
| RXDD004 | Grace | DD | 271 | 275 | 4 | 1.26 | 5.04 |
| RXDD005 | Grace | DD | 41 | 42 | 1 | 0.64 | 0.64 |
| RXDD005 | Grace | DD | 44 | 45 | 1 | 1.16 | 1.16 |
| RXDD005 | Grace | DD | 90 | 99 | 9 | 0.83 | 7.47 |
| RXDD006 | Grace | DD | 160 | 161 | 1 | 0.65 | 0.65 |
| RXDD006 | Grace | DD | 184 | 185 | 1 | 1.48 | 1.48 |
| RXDD007 | Grace N | DD | 8 | 16 | 8 | 1.70 | 13.62 |
| RXDD007 | Grace N | DD | 154.42 | 155.45 | 1.03 | 0.58 | 0.60 |
| RXDD007 | Grace N | DD | 203 | 206 | 3 | 0.64 | 1.92 |
| RXDD007 | Grace N | DD | 240.72 | 244 | 3.28 | 0.71 | 2.33 |
| RXDD007 | Grace N | DD | 246 | 247 | 1 | 0.79 | 0.79 |
| RXDD007 | Grace N | DD | 297 | 298.85 | 1.85 | 1.52 | 2.81 |
| RXDD008 | Grace | DD | 0 | 1 | 1 | 0.59 | 0.59 |
|---|---|---|---|---|---|---|---|
| RXDD008 | Grace | DD | 3 | 4 | 1 | 0.51 | 0.51 |
| RXDD008 | Grace | DD | 51 | 53 | 2 | 0.68 | 1.36 |
| RXDD008 | Grace | DD | 55.15 | 60 | 4.85 | 0.84 | 4.07 |
| RXDD009 | Grace | DD | 0 | 1 | 1 | 2.31 | 2.31 |
| RXDD009 | Grace | DD | 9.28 | 10.5 | 1.22 | 8.01 | 9.77 |
| RXDD009 | Grace | DD | 12 | 14.22 | 2.22 | 5.34 | 11.85 |
| RXDD010 | Grace | DD | 1 | 3.43 | 2.43 | 0.89 | 2.16 |
| RXDD010 | Grace | DD | 12.5 | 13.5 | 1 | 3.39 | 3.39 |
| RXAC034 | YM Granite | AC | 48 | 50 | 2 | 0.154 | 0.31 |
| RXAC050 | YM Granite | AC | 44 | 47 | 3 | 0.157 | 0.47 |
| RXAC056 | YM Granite | AC | 24 | 28 | 4 | 0.2 | 0.8 |
| RXAC056 | YM Granite | AC | 44 | 48 | 4 | 0.23 | 0.92 |
| RXAC057 | YM Granite | AC | 48 | 52 | 4 | 0.53 | 2.12 |
| RXAC057 | YM Granite | AC | 56 | 63 | 7 | 0.29 | 2.03 |
| RXAC059 | YM Granite | AC | 16 | 24 | 8 | 0.46 | 3.68 |
| RXAC067 | YM Granite | AC | 52 | 56 | 4 | 0.11 | 0.44 |
| RXAC067 | YM Granite | AC | 64 | 66 | 2 | 0.16 | 0.32 |
| RXAC073 | YM Granite | AC | 28 | 32 | 4 | 0.17 | 0.68 |
| RXAC076 | YM Granite | AC | 44 | 46 | 2 | 0.11 | 0.22 |
| RXAC078 | YM Granite | AC | 68 | 72 | 4 | 0.1 | 0.4 |
| RXAC083 | YM Granite | AC | 52 | 54 | 2 | 0.1 | 0.2 |
| RXAC087 | YM Granite | AC | 16 | 20 | 4 | 0.21 | 0.84 |
| RXAC092 | YM Granite | AC | 44 | 48 | 4 | 0.17 | 0.68 |
| RXAC092 | YM Granite | AC | 52 | 56 | 4 | 0.22 | 0.88 |
| RXAC092 | YM Granite | AC | 60 | 76 | 16 | 0.21 | 3.36 |
| RXAC092 | YM Granite | AC | 88 | 92 | 4 | 0.2 | 0.8 |
| RXAC092 | YM Granite | AC | 100 | 104 | 4 | 0.1 | 0.4 |
| RXAC093 | YM Granite | AC | 28 | 36 | 8 | 0.18 | 1.44 |
| RXAC093 | YM Granite | AC | 40 | 43 | 3 | 0.22 | 0.66 |
| RXAC095 | YM Granite | AC | 72 | 76 | 4 | 0.18 | 0.72 |
| RXAC111 | YM Granite | AC | 56 | 60 | 4 | 0.13 | 0.52 |
| RXAC112 | YM Granite | AC | 40 | 48 | 8 | 0.17 | 1.36 |
| RXAC118 | YM Granite | AC | 28 | 32 | 4 | 0.14 | 0.56 |
| RXAC120 | YM Granite | AC | 40 | 44 | 4 | 0.74 | 2.96 |
| RXAC121 | YM Granite | AC | 40 | 44 | 4 | 0.17 | 0.68 |
| RXAC122 | YM Granite | AC | 36 | 44 | 8 | 0.22 | 1.76 |
| RXAC125 | YM Granite | AC | 48 | 66 | 18 | 0.25 | 4.5 |
| RXAC126 | YM Granite | AC | 24 | 27 | 3 | 0.2 | 0.6 |
| RXAC127 | YM Granite | AC | 0 | 4 | 4 | 0.15 | 0.6 |
| RXAC127 | YM Granite | AC | 28 | 32 | 4 | 0.88 | 3.52 |
| RXAC128 | YM Granite | AC | 0 | 4 | 4 | 0.59 | 2.36 |
| RXAC128 | YM Granite | AC | 20 | 29 | 9 | 0.23 | 2.07 |
|---|---|---|---|---|---|---|---|
| RXAC129 | YM Granite | AC | 0 | 4 | 4 | 0.62 | 2.48 |
| RXAC129 | YM Granite | AC | 24 | 34 | 10 | 0.23 | 2.3 |
| RXAC130 | YM Granite | AC | 0 | 4 | 4 | 0.14 | 0.56 |
| RXAC130 | YM Granite | AC | 16 | 20 | 4 | 0.13 | 0.52 |
| RXAC132 | YM Granite | AC | 4 | 8 | 4 | 0.46 | 1.84 |
| RXAC132 | YM Granite | AC | 32 | 40 | 8 | 0.95 | 7.6 |
| RXAC140 | YM Granite | AC | 44 | 48 | 4 | 0.15 | 0.6 |
| RXAC141 | YM Granite | AC | 48 | 56 | 8 | 0.32 | 2.56 |
| RXAC143 | YM Granite | AC | 48 | 52 | 4 | 0.22 | 0.88 |
| RXAC145 | YM Granite | AC | 0 | 4 | 4 | 0.17 | 0.68 |
| RXAC150 | YM Granite | AC | 52 | 54 | 2 | 0.18 | 0.36 |
| RXAC153 | YM Granite | AC | 20 | 37 | 17 | 0.34 | 5.78 |
| RXAC154 | YM Granite | AC | 40 | 42 | 2 | 0.24 | 0.48 |
| RXAC158 | YM Granite | AC | 28 | 31 | 3 | 0.19 | 0.57 |
| RXAC160 | YM Granite | AC | 48 | 57 | 9 | 0.21 | 1.89 |
| RXAC170 | YM Granite | AC | 48 | 51 | 3 | 0.19 | 0.57 |
| RXAC171 | YM Granite | AC | 44 | 49 | 5 | 0.28 | 1.4 |
| RXAC172 | YM Granite | AC | 4 | 8 | 4 | 0.17 | 0.68 |
| RXAC178 | YM Granite | AC | 20 | 24 | 4 | 0.38 | 1.52 |
| RXAC178 | YM Granite | AC | 32 | 40 | 8 | 0.37 | 2.96 |
| RXAC179 | YM Granite | AC | 52 | 56 | 4 | 0.18 | 0.72 |
| RXAC183 | YM Granite | AC | 52 | 56 | 4 | 0.1 | 0.4 |
| RXAC184 | YM Granite | AC | 56 | 60 | 4 | 0.14 | 0.56 |
| RXAC186 | YM Granite | AC | 12 | 16 | 4 | 0.14 | 0.56 |
| RXAC186 | YM Granite | AC | 40 | 45 | 5 | 0.15 | 0.75 |
| RXAC187 | YM Granite | AC | 28 | 32 | 4 | 0.1 | 0.4 |
| RXAC188 | YM Granite | AC | 56 | 58 | 2 | 0.1 | 0.2 |
| RXAC190 | YM Granite | AC | 48 | 52 | 4 | 0.21 | 0.84 |
| RXAC191 | YM Granite | AC | 40 | 44 | 4 | 0.2 | 0.8 |
| RXAC205 | YM Granite | AC | 52 | 60 | 8 | 0.13 | 1.04 |
| RXAC206 | YM Granite | AC | 52 | 56 | 4 | 0.1 | 0.4 |
| RXAC206 | YM Granite | AC | 60 | 64 | 4 | 0.19 | 0.76 |
| RXAC211 | YM Granite | AC | 28 | 39 | 11 | 0.33 | 3.63 |
| RXAC241 | YM Granite | AC | 56 | 60 | 4 | 0.18 | 0.72 |
| RXAC366 | Kurrajong | AC | 36 | 44 | 8 | 0.24 | 1.92 |
| RXAC366 | Kurrajong | AC | 55 | 57 | 2 | 0.11 | 0.23 |
| RXAC368 | Kurrajong | AC | 24 | 28 | 4 | 0.37 | 1.44 |
| RXAC368 | Kurrajong | AC | 32 | 36 | 4 | 1.45 | 5.82 |
| RXAC368 | Kurrajong | AC | 52 | 56 | 4 | 0.21 | 0.84 |
| RXAC370 | Kurrajong | AC | 28 | 36 | 8 | 0.28 | 2.2 |
| RXAC371 | Kurrajong | AC | 44 | 52 | 8 | 0.24 | 1.88 |
| RXAC375 | Kurrajong | AC | 44 | 52 | 8 | 0.22 | 1.78 |
| RXAC377 | Kurrajong | AC | 48 | 52 | 4 | 1.09 | 4.37 |
|---|---|---|---|---|---|---|---|
| RXAC379 | Kurrajong | AC | 52 | 56 | 4 | 0.10 | 0.40 |
| RXAC381 | Kurrajong | AC | 20 | 24 | 4 | 0.12 | 0.46 |
| RXAC382 | Kurrajong | AC | 28 | 32 | 4 | 0.30 | 1.21 |
| RXAC382 | Kurrajong | AC | 36 | 40 | 4 | 0.11 | 0.45 |
| RXAC382 | Kurrajong | AC | 44 | 48 | 4 | 0.13 | 0.53 |
| RXAC383 | Kurrajong | AC | 28 | 44 | 16 | 0.13 | 2.13 |
| RXAC384 | Kurrajong | AC | 28 | 32 | 4 | 0.14 | 0.55 |
| RXAC440 | Bunker | AC | 8 | 12 | 4 | 0.17 | 0.69 |
| RXAC441 | Bunker | AC | 36 | 40 | 4 | 0.12 | 0.46 |
| RXAC443 | Bunker | AC | 48 | 64 | 16 | 0.22 | 3.46 |
| RXAC448 | Bunker | AC | 55 | 57 | 2 | 0.12 | 0.25 |
| RXAC451 | Bunker | AC | 32 | 36 | 4 | 0.11 | 0.42 |
| RXAC451 | Bunker | AC | 48 | 56 | 8 | 0.32 | 2.52 |
| RXAC451 | Bunker | AC | 64 | 68 | 4 | 0.24 | 0.97 |
| RXAC452 | Bunker | AC | 56 | 64 | 8 | 0.22 | 1.74 |
| RXAC458 | Bunker | AC | 84 | 88 | 4 | 0.21 | 0.83 |
| RXAC462 | Bunker | AC | 8 | 12 | 4 | 0.21 | 0.85 |
| RXAC462 | Bunker | AC | 20 | 44 | 24 | 0.73 | 17.4 |
| RXAC463 | Bunker | AC | 8 | 12 | 4 | 0.43 | 1.72 |
| RXAC464 | Bunker | AC | 4 | 12 | 8 | 0.69 | 5.48 |
| RXAC465 | Bunker | AC | 4 | 8 | 4 | 0.12 | 0.50 |
| RXAC465 | Bunker | AC | 24 | 52 | 28 | 0.59 | 16.41 |
| RXAC467 | Bunker | AC | 48 | 52 | 4 | 0.11 | 0.42 |
| RXAC469 | Bunker | AC | 52 | 56 | 4 | 0.11 | 0.42 |
| RXAC471 | Bunker | AC | 44 | 48 | 4 | 0.10 | 0.42 |
| RXAC472 | Bunker | AC | 40 | 52 | 12 | 0.16 | 1.90 |
| RXAC473 | Bunker | AC | 60 | 63 | 3 | 0.12 | 0.37 |
| RXAC475 | YM FS | AC | 12 | 16 | 4 | 0.11 | 0.44 |
Table 2 - Collar Locations and Drilling Details
| Hole ID | Prospect | Drill **Type ** |
East | North | RL | Depth | **Dip ** | Azi |
|---|---|---|---|---|---|---|---|---|
| RXRC121 | Grace North | RC | 680004 | 6834175 | 465 | 240 | -65 | 65 |
| RXRC193 | Grace North | RC | 680118 | 6834010 | 464 | 110 | -60 | 65 |
| RXRC203 | Grace North | RC | 680029 | 6834102 | 466 | 230 | -65 | 65 |
| RXRC205 | Grace North | RC | 680103 | 6834136 | 466 | 180 | -60 | 65 |
| RXRC211 | Grace North | RC | 680072 | 6834210 | 465 | 200 | -60 | 65 |
| RXRC318 | Grace North | RC | 680114 | 6833855 | 458 | 220 | -75 | 60 |
| RXRC319 | Grace North | RC | 680174 | 6834169 | 462 | 160 | -60 | 65 |
| RXRC321 | Grace North | RC | 679947 | 6834243 | 465 | 234 | -60 | 65 |
| RXRC322 | Grace North | RC | 680019 | 6834276 | 466 | 120 | -60 | 65 |
| RXRC323 | Grace North | RC | 680147 | 6833985 | 460 | 126 | -60 | 65 |
| RXRC324 | Grace North | RC | 680093 | 6833998 | 460 | 160 | -68 | 65 |
| RXRC325 | Grace North | RC | 680150 | 6833954 | 459 | 140 | -60 | 70 |
| RXRC326 | Plant Zone S | RC | 680084 | 6834322 | 463 | 200 | -60 | 70 |
| RXRC327 | Plant Zone S | RC | 680143 | 6834241 | 463 | 180 | -60 | 70 |
| RXRC328 | Hill End E | RC | 679886 | 6834523 | 470 | 140 | -60 | 65 |
| RXRC329 | Hill End E | RC | 679955 | 6834554 | 468 | 137 | -60 | 65 |
| RXRC330 | Plant Zone | RC | 679961 | 6834727 | 468 | 162 | -60 | 65 |
| RXRC331 | Hill End E | RC | 679888 | 6834684 | 470 | 140 | -60 | 65 |
| RXRC332 | Hill End E | RC | 679811 | 6834653 | 470 | 140 | -60 | 65 |
| RXRC333 | Hill End E | RC | 679733 | 6834642 | 470 | 140 | -60 | 65 |
| RXRC334 | Plant Zone | RC | 680236 | 6834559 | 463 | 122 | -60 | 65 |
| RXRC335 | Plant Zone | RC | 680319 | 6834238 | 466 | 210 | -60 | 65 |
| RXRC336 | Plant Zone | RC | 680066 | 6834447 | 467 | 174 | -60 | 65 |
| RXRC337 | AirstripE | RC | 680829 | 6833373 | 455 | 180 | -60 | 65 |
| RXRC338 | YM Granite | RC | 680187 | 6837025 | 450 | 120 | -60 | 65 |
| RXRC339 | Grace North | RC | 679912 | 6834312 | 467 | 156 | -60 | 65 |
| RXRC340 | United NE | RC | 679472 | 6834890 | 469 | 160 | -60 | 70 |
| RXRC341 | United NE | RC | 679416 | 6834932 | 469 | 180 | -60 | 65 |
| RXRC342 | Rebel E | RC | 679094.3 | 6835286 | 469 | 140 | -60 | 65 |
| RXRC343 | PZM | RC | 679324.1 | 6835469 | 469 | 252 | -60 | 70 |
| RXRC344 | Rebel N | RC | 678949.1 | 6835389 | 470 | 200 | -60 | 75 |
| RXRC345 | Main HW | RC | 679536.4 | 6833977 | 481 | 180 | -60 | 65 |
| RXRC346 | United North |
RC | 679293 | 6834561 | 467 | 210 | -60 | 70 |
| RXRC347 | United North |
RC | 679278 | 6834642 | 469 | 240 | -60 | 70 |
| RXRC348 | Kathleen | RC | 679214 | 6834775 | 469 | 192 | -60 | 65 |
| RXRC349 | United NE | RC | 679642 | 6834718 | 470 | 120 | -60 | 70 |
| RXRC350 | United NE | RC | 679597 | 6834780 | 467 | 120 | -60 | 90 |
| RXRC351 | Junction | RC | 679901 | 6833463 | 457 | 228 | -55 | 65 |
|---|---|---|---|---|---|---|---|---|
| RXRC352 | Junction | RC | 680239 | 6833324 | 458 | 156 | -60 | 65 |
| RXRC353 | Junction | RC | 679971 | 6833299 | 457.26 | 252 | -55 | 70 |
| RXRC354 | Junction | RC | 680007 | 6833236 | 456.68 | 270 | -55 | 70 |
| RXRC355 | Junction | RC | 680050 | 6833162 | 455.67 | 228 | -55 | 70 |
| RXRC104 | YM S | RC | 680230.9 | 6833127 | 455.13 | 240 | ||
| RXRC356 | YM S | RC | 680182 | 6833031 | 457.13 | 250 | -60 | 105 |
| RXRC357 | Rebel | RC | 678917 | 6835343 | 467.46 | 120 | -60 | 75 |
| RXRC358 | Rebel | RC | 678910 | 6835376 | 468.64 | 120 | -60 | 75 |
| RXRC359 | Rebel | RC | 678937 | 6835405 | 470 | 120 | -60 | 75 |
| RXRC360 | Plant Zone NE |
RC | 681719 | 6836231 | 450.3 | 228 | -60 | 290 |
| RXDD001 | Grace | DD | 680091 | 7833732 | 461 | 110.93 | -71 | 65 |
| RXDD002 | Grace | DD | 680093 | 6833733 | 461 | 303.1 | -71 | 65 |
| RXDD003 | Grace | DD | 680044 | 6833774 | 461 | 300 | -76 | 60 |
| RXDD004 | Grace | DD | 680008 | 6833965 | 463 | 350 | -85 | 65 |
| RXDD005 | Grace | DD | 679965 | 6834091 | 462 | 383.6 | -74 | 65 |
| RXDD006 | Grace | DD | 679934 | 6834164 | 465 | 342.1 | -69 | 74 |
| RXDD007 | Grace | DD | 679902 | 6834286 | 467 | 332 | -68 | 73 |
| RXDD008 | Grace | DD | 680148 | 6833757 | 462 | 70.7 | -60 | 65 |
| RXDD009 | Grace | DD | 680142 | 6833713 | 461 | 40.8 | -60 | 65 |
| RXDD010 | Grace | DD | 680141 | 6833666 | 460 | 40.8 | -60 | 65 |
| RXAC025 | YM Granite | AC | 679996 | 6836937 | 445 | 41 | -60 | 65 |
| RXAC026 | YM Granite | AC | 679921 | 6836901 | 446 | 37 | -60 | 65 |
| RXAC027 | YM Granite | AC | 679852 | 6836867 | 446 | 34 | -60 | 65 |
| RXAC028 | YM Granite | AC | 680029 | 6837142 | 444 | 50 | -60 | 65 |
| RXAC029 | YM Granite | AC | 679956 | 6837112 | 444 | 42 | -60 | 65 |
| RXAC030 | YM Granite | AC | 679883 | 6837070 | 445 | 38 | -60 | 65 |
| RXAC031 | YM Granite | AC | 679812 | 6837034 | 446 | 40 | -60 | 65 |
| RXAC032 | YM Granite | AC | 679742 | 6837000 | 445 | 39 | -60 | 65 |
| RXAC033 | YM Granite | AC | 679672 | 6836957 | 448 | 48 | -60 | 65 |
| RXAC034 | YM Granite | AC | 681492 | 6837320 | 442 | 50 | -60 | 65 |
| RXAC035 | YM Granite | AC | 681406 | 6837283 | 442 | 41 | -60 | 65 |
| RXAC036 | YM Granite | AC | 681305 | 6837236 | 441 | 29 | -60 | 65 |
| RXAC037 | YM Granite | AC | 681227 | 6837195 | 440 | 54 | -60 | 65 |
| RXAC038 | YM Granite | AC | 681138 | 6837147 | 441 | 60 | -60 | 65 |
| RXAC039 | YM Granite | AC | 681051 | 6837109 | 441 | 59 | -60 | 65 |
| RXAC040 | YM Granite | AC | 680956 | 6837048 | 442 | 57 | -60 | 65 |
| RXAC041 | YM Granite | AC | 680867 | 6837009 | 442 | 45 | -60 | 65 |
| RXAC042 | YM Granite | AC | 680781 | 6836970 | 441 | 47 | -60 | 65 |
| RXAC043 | YM Granite | AC | 680688 | 6836923 | 442 | 42 | -60 | 65 |
|---|---|---|---|---|---|---|---|---|
| RXAC044 | YM Granite | AC | 680601 | 6836879 | 442 | 43 | -60 | 65 |
| RXAC045 | YM Granite | AC | 680514 | 6836831 | 444 | 46 | -60 | 65 |
| RXAC046 | YM Granite | AC | 680422 | 6836784 | 444 | 39 | -60 | 65 |
| RXAC047 | YM Granite | AC | 680339 | 6836744 | 444 | 44 | -60 | 65 |
| RXAC048 | YM Granite | AC | 680246 | 6836698 | 443 | 45 | -60 | 65 |
| RXAC049 | YM Granite | AC | 680159 | 6836651 | 445 | 45 | -60 | 65 |
| RXAC050 | YM Granite | AC | 680071 | 6836604 | 446 | 47 | -60 | 65 |
| RXAC051 | YM Granite | AC | 681818 | 6837038 | 442 | 70 | -60 | 65 |
| RXAC052 | YM Granite | AC | 681735 | 6836990 | 441 | 33 | -60 | 65 |
| RXAC053 | YM Granite | AC | 681648 | 6836954 | 441 | 39 | -60 | 65 |
| RXAC054 | YM Granite | AC | 681554 | 6836917 | 441 | 44 | -60 | 65 |
| RXAC055 | YM Granite | AC | 681462 | 6836856 | 441 | 53 | -60 | 65 |
| RXAC056 | YM Granite | AC | 681380 | 6836809 | 441 | 64 | -60 | 65 |
| RXAC057 | YM Granite | AC | 681283 | 6836763 | 440 | 63 | -60 | 65 |
| RXAC058 | YM Granite | AC | 681202 | 6836707 | 440 | 66 | -60 | 65 |
| RXAC059 | YM Granite | AC | 681113 | 6836665 | 441 | 69 | -60 | 65 |
| RXAC060 | YM Granite | AC | 681021 | 6836636 | 441 | 55 | -60 | 65 |
| RXAC061 | YM Granite | AC | 680926 | 6836594 | 441 | 57 | -60 | 65 |
| RXAC062 | YM Granite | AC | 680842 | 6836546 | 441 | 54 | -60 | 65 |
| RXAC063 | YM Granite | AC | 680753 | 6836502 | 442 | 48 | -60 | 65 |
| RXAC064 | YM Granite | AC | 680665 | 6836453 | 443 | 50 | -60 | 65 |
| RXAC065 | YM Granite | AC | 680580 | 6836403 | 443 | 52 | -60 | 65 |
| RXAC066 | YM Granite | AC | 680491 | 6836357 | 444 | 63 | -60 | 65 |
| RXAC067 | YM Granite | AC | 680400 | 6836314 | 445 | 66 | -60 | 65 |
| RXAC068 | YM Granite | AC | 680309 | 6836263 | 446 | 42 | -60 | 65 |
| RXAC069 | YM Granite | AC | 680223 | 6836220 | 447 | 36 | -60 | 65 |
| RXAC070 | YM Granite | AC | 681637 | 6836480 | 440 | 53 | -60 | 65 |
| RXAC071 | YM Granite | AC | 681553 | 6836433 | 441 | 61 | -60 | 65 |
| RXAC072 | YM Granite | AC | 681458 | 6836389 | 441 | 63 | -60 | 65 |
| RXAC073 | YM Granite | AC | 681374 | 6836349 | 441 | 53 | -60 | 65 |
| RXAC074 | YM Granite | AC | 681284 | 6836294 | 442 | 51 | -60 | 65 |
| RXAC075 | YM Granite | AC | 681202 | 6836250 | 442 | 56 | -60 | 65 |
| RXAC076 | YM Granite | AC | 681104 | 6836215 | 442 | 46 | -60 | 65 |
| RXAC077 | YM Granite | AC | 681016 | 6836168 | 444 | 59 | -60 | 65 |
| RXAC078 | YM Granite | AC | 680926 | 6836118 | 444 | 74 | -60 | 65 |
| RXAC079 | YM Granite | AC | 680841 | 6836078 | 445 | 60 | -60 | 65 |
| RXAC080 | YM Granite | AC | 680752 | 6836028 | 445 | 51 | -60 | 65 |
| RXAC081 | YM Granite | AC | 680663 | 6835984 | 446 | 45 | -60 | 65 |
| RXAC082 | YM Granite | AC | 680572 | 6835936 | 447 | 61 | -60 | 65 |
| RXAC083 | YM Granite | AC | 680487 | 6835890 | 449 | 54 | -60 | 65 |
| RXAC084 | YM Granite | AC | 681588 | 6835982 | 444 | 55 | -60 | 65 |
| RXAC085 | YM Granite | AC | 680692 | 6835530 | 451 | 51 | -60 | 65 |
| RXAC086 | YM Granite | AC | 680606 | 6835474 | 452 | 51 | -60 | 65 |
|---|---|---|---|---|---|---|---|---|
| RXAC087 | YM Granite | AC | 680525 | 6835417 | 453 | 33 | -60 | 65 |
| RXAC088 | YM Granite | AC | 680436 | 6835371 | 453 | 25 | -60 | 65 |
| RXAC089 | YM Granite | AC | 680347 | 6835324 | 454 | 20 | -60 | 65 |
| RXAC090 | YM Granite | AC | 680255 | 6835282 | 454 | 18 | -60 | 65 |
| RXAC091 | YM Granite | AC | 680165 | 6835240 | 455 | 42 | -60 | 65 |
| RXAC092 | YM Granite | AC | 680867 | 6835620 | 448 | 107 | -60 | 65 |
| RXAC093 | YM Granite | AC | 680788 | 6835573 | 449 | 43 | -60 | 65 |
| RXAC094 | YM Granite | AC | 681053 | 6835717 | 446 | 74 | -60 | 65 |
| RXAC095 | YM Granite | AC | 680962 | 6835669 | 446 | 92 | -60 | 65 |
| RXAC096 | YM Granite | AC | 681222 | 6835805 | 446 | 49 | -60 | 65 |
| RXAC097 | YM Granite | AC | 681135 | 6835761 | 445 | 80 | -60 | 65 |
| RXAC098 | YM Granite | AC | 681397 | 6835909 | 445 | 60 | -60 | 65 |
| RXAC099 | YM Granite | AC | 681313 | 6835858 | 444 | 66 | -60 | 65 |
| RXAC100 | YM Granite | AC | 681492 | 6835938 | 443 | 61 | -60 | 65 |
| RXAC101 | YM Granite | AC | 681827 | 6834940 | 450 | 60 | -60 | 65 |
| RXAC102 | YM Granite | AC | 681754 | 6834903 | 449 | 72 | -60 | 65 |
| RXAC103 | YM Granite | AC | 681678 | 6834868 | 449 | 76 | -60 | 65 |
| RXAC104 | YM Granite | AC | 681581 | 6834829 | 449 | 69 | -60 | 65 |
| RXAC105 | YM Granite | AC | 681501 | 6834772 | 449 | 48 | -60 | 65 |
| RXAC106 | YM Granite | AC | 681388 | 6834737 | 448 | 25 | -60 | 65 |
| RXAC107 | YM Granite | AC | 681310 | 6834689 | 450 | 19 | -60 | 65 |
| RXAC108 | YM Granite | AC | 681222 | 6834641 | 451 | 57 | -60 | 65 |
| RXAC109 | YM Granite | AC | 681132 | 6834607 | 452 | 49 | -60 | 65 |
| RXAC110 | YM Granite | AC | 681047 | 6834549 | 453 | 97 | -60 | 65 |
| RXAC111 | YM Granite | AC | 680972 | 6834512 | 453 | 67 | -60 | 65 |
| RXAC112 | YM Granite | AC | 680874 | 6834480 | 452 | 70 | -60 | 65 |
| RXAC113 | YM Granite | AC | 680770 | 6834431 | 452 | 53 | -60 | 65 |
| RXAC114 | YM Granite | AC | 680689 | 6834394 | 457 | 52 | -60 | 65 |
| RXAC115 | YM Granite | AC | 681650 | 6835302 | 448 | 51 | -60 | 65 |
| RXAC116 | YM Granite | AC | 681578 | 6835263 | 448 | 70 | -60 | 65 |
| RXAC117 | YM Granite | AC | 681509 | 6835224 | 448 | 29 | -60 | 65 |
| RXAC118 | YM Granite | AC | 681415 | 6835183 | 448 | 41 | -60 | 65 |
| RXAC119 | YM Granite | AC | 681329 | 6835141 | 449 | 47 | -60 | 65 |
| RXAC120 | YM Granite | AC | 681244 | 6835107 | 448 | 66 | -60 | 65 |
| RXAC121 | YM Granite | AC | 681144 | 6835049 | 450 | 63 | -60 | 65 |
| RXAC122 | YM Granite | AC | 681062 | 6835001 | 451 | 52 | -60 | 65 |
| RXAC123 | YM Granite | AC | 680963 | 6834963 | 451 | 60 | -60 | 65 |
| RXAC124 | YM Granite | AC | 680877 | 6834924 | 452 | 61 | -60 | 65 |
| RXAC125 | YM Granite | AC | 680785 | 6834883 | 452 | 66 | -60 | 65 |
| RXAC126 | YM Granite | AC | 680693 | 6834829 | 453 | 27 | -60 | 65 |
| RXAC127 | YM Granite | AC | 680615 | 6834788 | 454 | 42 | -60 | 65 |
| RXAC128 | YM Granite | AC | 680511 | 6834758 | 456 | 29 | -60 | 65 |
| RXAC129 | YM Granite | AC | 680461 | 6834733 | 456 | 34 | -60 | 65 |
|---|---|---|---|---|---|---|---|---|
| RXAC130 | YM Granite | AC | 680410 | 6834708 | 457 | 37 | -60 | 65 |
| RXAC131 | YM Granite | AC | 680356 | 6834673 | 457 | 35 | -60 | 65 |
| RXAC132 | YM Granite | AC | 680095 | 6835795 | 452 | 42 | -60 | 65 |
| RXAC133 | YM Granite | AC | 680026 | 6835755 | 453 | 26 | -60 | 65 |
| RXAC134 | YM Granite | AC | 679957 | 6835721 | 454 | 48 | -60 | 65 |
| RXAC135 | YM Granite | AC | 679886 | 6835682 | 456 | 43 | -60 | 65 |
| RXAC136 | YM Granite | AC | 679815 | 6835657 | 457 | 16 | -60 | 65 |
| RXAC137 | YM Granite | AC | 679654 | 6836058 | 454 | 22 | -60 | 65 |
| RXAC138 | YM Granite | AC | 679579 | 6836022 | 456 | 24 | -60 | 65 |
| RXAC139 | YM Granite | AC | 679510 | 6835982 | 456 | 33 | -60 | 65 |
| RXAC140 | YM Granite | AC | 679430 | 6835948 | 456 | 60 | -60 | 65 |
| RXAC141 | YM Granite | AC | 679360 | 6835916 | 457 | 56 | -60 | 65 |
| RXAC142 | YM Granite | AC | 679285 | 6835875 | 458 | 52 | -60 | 65 |
| RXAC143 | YM Granite | AC | 679224 | 6835844 | 459 | 59 | -60 | 65 |
| RXAC144 | YM Granite | AC | 679149 | 6835801 | 462 | 7 | -60 | 65 |
| RXAC145 | YM Granite | AC | 679078 | 6835767 | 463 | 10 | -60 | 65 |
| RXAC146 | YM Granite | AC | 679025 | 6835743 | 465 | 6 | -60 | 65 |
| RXAC147 | YM Granite | AC | 678968 | 6835707 | 465 | 9 | -60 | 65 |
| RXAC148 | YM Granite | AC | 678917 | 6835686 | 465 | 6 | -60 | 65 |
| RXAC149 | YM Granite | AC | 678861 | 6835655 | 464 | 17 | -60 | 65 |
| RXAC150 | YM Granite | AC | 679838 | 6835848 | 454 | 54 | -60 | 65 |
| RXAC151 | YM Granite | AC | 679766 | 6835813 | 454 | 39 | -60 | 65 |
| RXAC152 | YM Granite | AC | 679691 | 6835775 | 455 | 35 | -60 | 65 |
| RXAC153 | YM Granite | AC | 679620 | 6835747 | 457 | 37 | -60 | 65 |
| RXAC154 | YM Granite | AC | 679548 | 6835705 | 458 | 42 | -60 | 65 |
| RXAC155 | YM Granite | AC | 679338 | 6836154 | 456 | 40 | -60 | 65 |
| RXAC156 | YM Granite | AC | 679271 | 6836119 | 457 | 35 | -60 | 65 |
| RXAC157 | YM Granite | AC | 679203 | 6836087 | 459 | 26 | -60 | 65 |
| RXAC158 | YM Granite | AC | 679127 | 6836056 | 460 | 31 | -60 | 65 |
| RXAC159 | YM Granite | AC | 679052 | 6836016 | 463 | 59 | -60 | 65 |
| RXAC160 | YM Granite | AC | 678986 | 6835978 | 463 | 57 | -60 | 65 |
| RXAC161 | YM Granite | AC | 678908 | 6835950 | 464 | 36 | -60 | 65 |
| RXAC162 | YM Granite | AC | 678869 | 6835917 | 464 | 15 | -60 | 65 |
| RXAC163 | YM Granite | AC | 678809 | 6835886 | 463 | 18 | -60 | 65 |
| RXAC164 | YM Granite | AC | 678749 | 6835866 | 463 | 32 | -60 | 65 |
| RXAC165 | YM Granite | AC | 678692 | 6835839 | 461 | 42 | -60 | 65 |
| RXAC166 | YM Granite | AC | 679252 | 6836488 | 454 | 41 | -60 | 65 |
| RXAC167 | YM Granite | AC | 679157 | 6836435 | 457 | 32 | -60 | 65 |
| RXAC168 | YM Granite | AC | 679076 | 6836387 | 459 | 27 | -60 | 65 |
| RXAC169 | YM Granite | AC | 678982 | 6836352 | 463 | 40 | -60 | 65 |
| RXAC170 | YM Granite | AC | 678897 | 6836305 | 463 | 51 | -60 | 65 |
| RXAC171 | YM Granite | AC | 678808 | 6836258 | 461 | 49 | -60 | 65 |
| RXAC172 | YM Granite | AC | 678720 | 6836215 | 460 | 50 | -60 | 65 |
|---|---|---|---|---|---|---|---|---|
| RXAC173 | YM Granite | AC | 678667 | 6836189 | 459 | 42 | -60 | 65 |
| RXAC174 | YM Granite | AC | 678610 | 6836153 | 459 | 40 | -60 | 65 |
| RXAC175 | YM Granite | AC | 678562 | 6836129 | 459 | 46 | -60 | 65 |
| RXAC176 | YM Granite | AC | 678496 | 6836097 | 459 | 63 | -60 | 65 |
| RXAC177 | YM Granite | AC | 678394 | 6836050 | 458 | 31 | -60 | 65 |
| RXAC178 | YM Granite | AC | 678342 | 6836020 | 458 | 45 | -60 | 65 |
| RXAC179 | YM Granite | AC | 678443 | 6836071 | 458 | 64 | -60 | 65 |
| RXAC180 | YM Granite | AC | 678965 | 6836689 | 458 | 45 | -60 | 65 |
| RXAC181 | YM Granite | AC | 678873 | 6836656 | 459 | 53 | -60 | 65 |
| RXAC182 | YM Granite | AC | 678787 | 6836608 | 457 | 41 | -60 | 65 |
| RXAC183 | YM Granite | AC | 678694 | 6836562 | 454 | 59 | -60 | 65 |
| RXAC184 | YM Granite | AC | 678605 | 6836522 | 454 | 62 | -60 | 65 |
| RXAC185 | YM Granite | AC | 678526 | 6836475 | 454 | 38 | -60 | 65 |
| RXAC186 | YM Granite | AC | 678469 | 6836448 | 454 | 45 | -60 | 65 |
| RXAC187 | YM Granite | AC | 678414 | 6836419 | 455 | 43 | -60 | 65 |
| RXAC188 | YM Granite | AC | 678361 | 6836390 | 455 | 58 | -60 | 65 |
| RXAC189 | YM Granite | AC | 678305 | 6836364 | 456 | 50 | -60 | 65 |
| RXAC190 | YM Granite | AC | 678254 | 6836337 | 457 | 55 | -60 | 65 |
| RXAC191 | YM Granite | AC | 678202 | 6836310 | 458 | 49 | -60 | 65 |
| RXAC192 | YM Granite | AC | 678146 | 6836282 | 458 | 51 | -60 | 65 |
| RXAC193 | YM Granite | AC | 680360 | 6835545 | 453 | 23 | -60 | 65 |
| RXAC194 | YM Granite | AC | 680302 | 6835514 | 455 | 29 | -60 | 65 |
| RXAC195 | YM Granite | AC | 680255 | 6835489 | 456 | 29 | -60 | 65 |
| RXAC196 | YM Granite | AC | 680198 | 6835464 | 455 | 40 | -60 | 65 |
| RXAC197 | YM Granite | AC | 680149 | 6835433 | 457 | 45 | -60 | 65 |
| RXAC198 | YM Granite | AC | 680092 | 6835409 | 458 | 47 | -60 | 65 |
| RXAC199 | YM Granite | AC | 680487 | 6835222 | 453 | 22 | -60 | 65 |
| RXAC200 | YM Granite | AC | 680434 | 6835195 | 453 | 20 | -60 | 65 |
| RXAC201 | YM Granite | AC | 680383 | 6835169 | 453 | 30 | -60 | 65 |
| RXAC202 | YM Granite | AC | 680332 | 6835145 | 454 | 25 | -60 | 65 |
| RXAC203 | YM Granite | AC | 680276 | 6835115 | 455 | 23 | -60 | 65 |
| RXAC204 | YM Granite | AC | 680222 | 6835085 | 456 | 33 | -60 | 65 |
| RXAC205 | YM Granite | AC | 680166 | 6835058 | 457 | 63 | -60 | 65 |
| RXAC206 | YM Granite | AC | 680898 | 6835267 | 451 | 68 | -60 | 65 |
| RXAC207 | YM Granite | AC | 680837 | 6835229 | 452 | 42 | -60 | 65 |
| RXAC208 | YM Granite | AC | 680765 | 6835196 | 453 | 31 | -60 | 65 |
| RXAC209 | YM Granite | AC | 680692 | 6835161 | 454 | 32 | -60 | 65 |
| RXAC210 | YM Granite | AC | 680623 | 6835122 | 453 | 41 | -60 | 65 |
| RXAC211 | YM Granite | AC | 680557 | 6835086 | 453 | 39 | -60 | 65 |
| RXAC212 | YM Granite | AC | 680484 | 6835052 | 453 | 18 | -60 | 65 |
| RXAC213 | YM Granite | AC | 680405 | 6835028 | 454 | 24 | -60 | 65 |
| RXAC214 | YM Granite | AC | 680335 | 6834978 | 456 | 27 | -60 | 65 |
| RXAC215 | YM Granite | AC | 680265 | 6834941 | 456 | 45 | -60 | 65 |
|---|---|---|---|---|---|---|---|---|
| RXAC216 | YM Granite | AC | 680167 | 6837584 | 443 | 66 | -60 | 65 |
| RXAC217 | YM Granite | AC | 680084 | 6837545 | 444 | 61 | -60 | 65 |
| RXAC218 | YM Granite | AC | 679989 | 6837497 | 444 | 38 | -60 | 65 |
| RXAC219 | YM Granite | AC | 679900 | 6837448 | 444 | 42 | -60 | 65 |
| RXAC220 | YM Granite | AC | 679808 | 6837402 | 445 | 32 | -60 | 65 |
| RXAC221 | YM Granite | AC | 679722 | 6837358 | 445 | 41 | -60 | 65 |
| RXAC222 | YM Granite | AC | 679630 | 6837308 | 445 | 56 | -60 | 65 |
| RXAC223 | YM Granite | AC | 679547 | 6837267 | 447 | 63 | -60 | 65 |
| RXAC224 | YM Granite | AC | 679458 | 6837216 | 447 | 39 | -60 | 65 |
| RXAC225 | YM Granite | AC | 679358 | 6837169 | 449 | 27 | -60 | 65 |
| RXAC226 | YM Granite | AC | 679268 | 6837135 | 450 | 42 | -60 | 65 |
| RXAC227 | YM Granite | AC | 679186 | 6837093 | 451 | 56 | -60 | 65 |
| RXAC228 | YM Granite | AC | 679094 | 6837040 | 452 | 35 | -60 | 65 |
| RXAC229 | YM Granite | AC | 678933 | 6836952 | 456 | 44 | -60 | 65 |
| RXAC230 | YM Granite | AC | 678844 | 6836911 | 457 | 54 | -60 | 65 |
| RXAC231 | YM Granite | AC | 678758 | 6836866 | 458 | 65 | -60 | 65 |
| RXAC232 | YM Granite | AC | 678666 | 6836817 | 458 | 44 | -60 | 65 |
| RXAC233 | YM Granite | AC | 678578 | 6836778 | 456 | 48 | -60 | 65 |
| RXAC234 | YM Granite | AC | 678488 | 6836724 | 455 | 62 | -60 | 65 |
| RXAC235 | YM Granite | AC | 678399 | 6836679 | 455 | 49 | -60 | 65 |
| RXAC236 | YM Granite | AC | 678308 | 6836630 | 455 | 50 | -60 | 65 |
| RXAC237 | YM Granite | AC | 678220 | 6836589 | 456 | 33 | -60 | 65 |
| RXAC238 | YM Granite | AC | 678130 | 6836540 | 457 | 42 | -60 | 65 |
| RXAC239 | YM Granite | AC | 678042 | 6836500 | 459 | 59 | -60 | 65 |
| RXAC240 | YM Granite | AC | 680225 | 6837055 | 444 | 49 | -60 | 65 |
| RXAC241 | YM Granite | AC | 680264 | 6837028 | 443 | 60 | -60 | 65 |
| RXAC242 | YM Granite | AC | 680223 | 6837010 | 443 | 55 | -60 | 65 |
| RXAC243 | YM Granite | AC | 680190 | 6836993 | 443 | 45 | -60 | 65 |
| RXAC244 | YM Granite | AC | 680229 | 6837098 | 443 | 44 | -60 | 65 |
| RXAC245 | YM Granite | AC | 680188 | 6837078 | 444 | 48 | -60 | 65 |
| RXAC246 | YM Granite | AC | 680153 | 6837065 | 443 | 43 | -60 | 65 |
| RXAC247 | YM Granite | AC | 679966 | 6837068 | 445 | 32 | -60 | 65 |
| RXAC248 | YM Granite | AC | 679932 | 6837049 | 445 | 34 | -60 | 65 |
| RXAC249 | YM Granite | AC | 679892 | 6837030 | 446 | 32 | -60 | 65 |
| RXAC250 | YM Granite | AC | 679856 | 6837007 | 446 | 36 | -60 | 65 |
| RXAC251 | YM Granite | AC | 681588 | 6837376 | 442 | 41 | -60 | 65 |
| RXAC366 | Kurrajong | AC | 679001 | 6835074 | 468 | 57 | -60 | 65 |
| RXAC367 | Kurrajong | AC | 678953 | 6835055 | 469 | 53 | -60 | 65 |
| RXAC368 | Kurrajong | AC | 678902 | 6835021 | 469 | 61 | -60 | 65 |
| RXAC369 | Kurrajong | AC | 678846 | 6834992 | 470 | 58 | -60 | 65 |
| RXAC370 | Kurrajong | AC | 678947 | 6835164 | 467 | 40 | -60 | 65 |
| RXAC371 | Kurrajong | AC | 678890 | 6835135 | 468 | 56 | -60 | 65 |
| RXAC372 | Kurrajong | AC | 678838 | 6835109 | 469 | 52 | -60 | 65 |
|---|---|---|---|---|---|---|---|---|
| RXAC373 | Kurrajong | AC | 678782 | 6835080 | 470 | 53 | -60 | 65 |
| RXAC374 | Kurrajong | AC | 678736 | 6835043 | 470 | 69 | -60 | 65 |
| RXAC375 | Kurrajong | AC | 678688 | 6835014 | 470 | 60 | -60 | 65 |
| RXAC376 | Kurrajong | AC | 678631 | 6834977 | 470 | 57 | -60 | 65 |
| RXAC377 | Kurrajong | AC | 678669 | 6835201 | 470 | 63 | -60 | 65 |
| RXAC378 | Kurrajong | AC | 678720 | 6835225 | 470 | 48 | -60 | 65 |
| RXAC379 | Kurrajong | AC | 678774 | 6835253 | 469 | 60 | -60 | 65 |
| RXAC380 | Kurrajong | AC | 678830 | 6835281 | 468 | 57 | -60 | 65 |
| RXAC381 | Kurrajong | AC | 678887 | 6834909 | 470 | 59 | -60 | 65 |
| RXAC382 | Kurrajong | AC | 678942 | 6834935 | 469 | 55 | -60 | 65 |
| RXAC383 | Kurrajong | AC | 678995 | 6834965 | 469 | 48 | -60 | 65 |
| RXAC384 | Kurrajong | AC | 679055 | 6834992 | 469 | 37 | -60 | 65 |
| RXAC420 | Bunker | AC | 679495 | 6832752 | 462 | 54 | -60 | 65 |
| RXAC421 | Bunker | AC | 679421 | 6832722 | 463 | 57 | -60 | 65 |
| RXAC422 | Bunker | AC | 679354 | 6832681 | 464 | 60 | -60 | 65 |
| RXAC423 | Bunker | AC | 679280 | 6832649 | 466 | 62 | -60 | 65 |
| RXAC424 | Bunker | AC | 679208 | 6832625 | 468 | 57 | -60 | 65 |
| RXAC425 | Bunker | AC | 679138 | 6832594 | 469 | 62 | -60 | 65 |
| RXAC426 | Bunker | AC | 679062 | 6832546 | 469 | 41 | -60 | 65 |
| RXAC427 | Bunker | AC | 678982 | 6832509 | 469 | 36 | -60 | 65 |
| RXAC428 | Bunker | AC | 679202 | 6832812 | 464 | 51 | -60 | 65 |
| RXAC429 | Bunker | AC | 679148 | 6832786 | 465 | 69 | -60 | 65 |
| RXAC430 | Bunker | AC | 679094 | 6832762 | 467 | 66 | -60 | 65 |
| RXAC431 | Bunker | AC | 679353 | 6833017 | 457 | 57 | -60 | 65 |
| RXAC432 | Bunker | AC | 679289 | 6832988 | 457 | 69 | -60 | 65 |
| RXAC433 | Bunker | AC | 679224 | 6832958 | 459 | 46 | -60 | 65 |
| RXAC434 | Bunker | AC | 679172 | 6832928 | 461 | 55 | -60 | 65 |
| RXAC435 | Bunker | AC | 679121 | 6832930 | 461 | 50 | -60 | 65 |
| RXAC436 | Bunker | AC | 679399 | 6833149 | 456 | 69 | -60 | 65 |
| RXAC437 | Bunker | AC | 679326 | 6833116 | 455 | 59 | -60 | 65 |
| RXAC438 | Bunker | AC | 679258 | 6833085 | 455 | 58 | -60 | 65 |
| RXAC439 | Bunker | AC | 679203 | 6833059 | 456 | 74 | -60 | 65 |
| RXAC440 | Bunker | AC | 679144 | 6833033 | 458 | 63 | -60 | 65 |
| RXAC441 | Bunker | AC | 679086 | 6833011 | 459 | 58 | -60 | 65 |
| RXAC442 | Bunker | AC | 679380 | 6833244 | 457 | 72 | -60 | 65 |
| RXAC443 | Bunker | AC | 679308 | 6833209 | 456 | 66 | -60 | 65 |
| RXAC444 | Bunker | AC | 679252 | 6833189 | 456 | 70 | -60 | 65 |
| RXAC445 | Bunker | AC | 679194 | 6833168 | 456 | 42 | -60 | 65 |
| RXAC446 | Bunker | AC | 679137 | 6833139 | 456 | 54 | -60 | 65 |
| RXAC447 | Bunker | AC | 679383 | 6833362 | 458 | 57 | -60 | 65 |
| RXAC448 | Bunker | AC | 679330 | 6833346 | 458 | 57 | -60 | 65 |
| RXAC449 | Bunker | AC | 679278 | 6833319 | 458 | 75 | -60 | 65 |
| RXAC450 | Bunker | AC | 679224 | 6833290 | 458 | 70 | -60 | 65 |
|---|---|---|---|---|---|---|---|---|
| RXAC451 | Bunker | AC | 679174 | 6833268 | 457 | 68 | -60 | 65 |
| RXAC452 | Bunker | AC | 679355 | 6833463 | 459 | 66 | -60 | 65 |
| RXAC453 | Bunker | AC | 679293 | 6833436 | 459 | 79 | -60 | 65 |
| RXAC454 | Bunker | AC | 679234 | 6833398 | 459 | 54 | -60 | 65 |
| RXAC455 | Bunker | AC | 679176 | 6833379 | 459 | 56 | -60 | 65 |
| RXAC456 | Bunker | AC | 679129 | 6833355 | 459 | 65 | -60 | 65 |
| RXAC457 | Bunker | AC | 679060 | 6832886 | 465 | 40 | -60 | 65 |
| RXAC458 | Bunker | AC | 679690 | 6833288 | 457 | 90 | -60 | 65 |
| RXAC459 | Bunker | AC | 679635 | 6833260 | 457 | 62 | -60 | 65 |
| RXAC460 | Bunker | AC | 679595 | 6833346 | 458 | 42 | -60 | 65 |
| RXAC461 | Bunker | AC | 679583 | 6833456 | 460 | 33 | -60 | 65 |
| RXAC462 | Bunker | AC | 679650 | 6833371 | 458 | 73 | -60 | 65 |
| RXAC463 | Bunker | AC | 679751 | 6833315 | 457 | 63 | -60 | 65 |
| RXAC464 | Bunker | AC | 679704 | 6833386 | 458 | 64 | -60 | 65 |
| RXAC465 | Bunker | AC | 679636 | 6833490 | 460 | 76 | -60 | 65 |
| RXAC466 | Bunker | AC | 679694 | 6833513 | 460 | 59 | -60 | 65 |
| RXAC467 | Bunker | AC | 679387 | 6833802 | 460 | 59 | -60 | 65 |
| RXAC468 | Bunker | AC | 679325 | 6833781 | 460 | 56 | -60 | 65 |
| RXAC469 | Bunker | AC | 679273 | 6833758 | 460 | 60 | -60 | 65 |
| RXAC470 | Bunker | AC | 679221 | 6833725 | 461 | 52 | -60 | 65 |
| RXAC471 | Bunker | AC | 679132 | 6834284 | 464 | 52 | -60 | 65 |
| RXAC472 | Bunker | AC | 679078 | 6834250 | 465 | 54 | -60 | 65 |
| RXAC473 | Bunker | AC | 679026 | 6834228 | 466 | 63 | -60 | 65 |
| RXAC474 | Bunker | AC | 678971 | 6834203 | 467 | 66 | -60 | 65 |
| RXAC475 | Youanmi S | AC | 679891 | 6829653 | 445 | 66 | -60 | 270 |
| RXAC476 | Youanmi S | AC | 679974 | 6829653 | 445 | 60 | -60 | 270 |
| RXAC477 | Youanmi S | AC | 680062 | 6829654 | 445 | 40 | -60 | 270 |
| RXAC478 | Youanmi S | AC | 680151 | 6829654 | 445 | 70 | -60 | 270 |
| RXAC479 | Youanmi S | AC | 680215 | 6829644 | 445 | 15 | -60 | 270 |
| RXAC480 | Youanmi S | AC | 680294 | 6829655 | 445 | 15 | -60 | 270 |
| RXAC481 | Youanmi S | AC | 680374 | 6829652 | 445 | 30 | -60 | 270 |
| RXAC482 | Youanmi S | AC | 680457 | 6829652 | 445 | 15 | -60 | 270 |
| RXAC483 | Youanmi S | AC | 680537 | 6829651 | 445 | 15 | -60 | 270 |
| RXAC484 | Youanmi S | AC | 680615 | 6829654 | 445 | 15 | -60 | 270 |
| RXAC485 | Youanmi S | AC | 680698 | 6829653 | 445 | 15 | -60 | 270 |
| RXAC486 | Youanmi S | AC | 680775 | 6829652 | 445 | 30 | -60 | 270 |
| RXAC487 | Youanmi S | AC | 680857 | 6829653 | 445 | 46 | -60 | 270 |
Competent Person Statements
Exploration Results
The information in this report that relates to Data and Exploration Results is based on information compiled and reviewed by Mr Gregor Bennett a Competent Person who is a Member of the Australian Institute Geoscientists (AIG) and Exploration Manager at Rox Resources. Mr Bennett 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 Bennett 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 assumptions 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 either prepared and first disclosed under the JORC Code 2004 or under the JORC Code 2012 and was previously disclosed to ASX on 24 Sep, 7 Nov, 19 Nov 2019 and 6 May, 26 Jun, 23 Jun, 28 Jul, 1 Sep and 7 Oct 2020 or has been cross-referenced in the text to the date of original announcement to ASX. In the case of the 2004 JORC Code Exploration Results and Mineral Resources, they have not been updated to comply with the JORC Code 2012.
Resource Statements
The information in this report that relates to gold Mineral Resources for the Youanmi Project was reported to the ASX on 17 April 2019 (JORC 2012). Rox confirms that it is not aware of any new information or data that materially affects the information included in the announcement of 17 April 2019, and that all material assumptions and technical parameters underpinning the estimates in the announcement of 17 April 2019 continue to apply and have not materially changed.
The information in this report that relates to gold Mineral Resources for the Mt Fisher project was reported to the ASX on 11 July 2018 (JORC 2012). Rox confirms that it is not aware of any new information or data that materially affects the information included in the announcement of 11 July 2018, and that all material assumptions and technical parameters underpinning the estimates in the announcement of 11 July 2018 continue to apply and have not materially changed.
The information in this report that relates to nickel Mineral Resources for the Fisher East project was reported to the ASX on 5 February 2016 (JORC 2012). Rox confirms that it is not aware of any new information or data that materially affects the information included in the announcement of 5 February 2016, and that all material assumptions and technical parameters underpinning the estimates in the announcement of 5 February 2016 continue to apply and have not materially changed.
The information in this report that relates to nickel Mineral Resources for the Collurabbie project was reported to the ASX on 18 August 2017 (JORC 2012). Rox confirms that it is not aware of any new information or data that materially affects the information included in the announcement of 18 August 2017, and that all material assumptions and technical parameters underpinning the estimates in the announcement of 18 August 2017 continue to apply and have not materially changed.
Forward ‐ Looking 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 document, the words such as "could," "plan," "estimate," "expect," "intend," "may”, "potential," "should," and similar expressions are forward looking statements.
_______________
About Rox Resources
Rox Resources Limited is an emerging Australian minerals exploration company. The company has a number of key assets at various levels of development with exposure to gold, nickel, copper and platinum group elements (PGE’s). The 1.2Moz Youanmi Gold Project and the Fisher East Nickel Project (78kt Ni) being the most advanced projects with exploration ongoing at the Mt Fisher Gold Project and the Collurabbie Nickel-Copper-PGE Project.
Youanmi Gold Project (Youanmi Gold Mine 70%, Regional JV’s 50% earn-in)
The Youanmi Gold Mine is located 480 km to the northeast of Perth, Western Australia. The Youanmi Mining Centre has produced an estimated 667,000 oz of gold (at 5.47 g/t Au) since discovery in 1901 during three main periods: 1908 to 1921, 1937 to 1942, and 1987 to 1997.
The project is situated in the Youanmi Greenstone Belt, within the Southern Cross Province of the Archaean Yilgarn Craton in Western Australia. The structure of the Youanmi Project is dominated by the north-trending Youanmi Fault Zone. Most of the gold mineralisation seen at the project is hosted within north-northwest splays off the north-northeast trending Youanmi Fault.
Fisher East Nickel Project (100%)
The Fisher East nickel project is located in the North Eastern Goldfields region of Western Australia and hosts several nickel sulphide deposits. The total project area is ~350km2.
Discovery of, and drilling at the Camelwood, Cannonball and Musket nickel prospects has defined a JORC 2012 Mineral Resource (ASX:RXL 5 February 2016) of 4.2Mt grading 1.9% Ni reported at 1.0% Ni cut-off (Indicated Mineral Resource: 3.7Mt grading 1.9% Ni, Inferred Mineral Resource: 0.5Mt grading 1.5% Ni) comprising massive and disseminated nickel sulphide mineralisation, and containing 78,000 tonnes of nickel. Higher grade mineralisation is present in all deposits (refer to ASX announcement above) and is still open at depth beneath each deposit. Additional nickel sulphide deposits continue to be discovered (e.g. Sabre) and these will add to the resource base. Exploration is continuing to define further zones of potential nickel sulphide mineralisation.
Collurabbie Gold-Nickel Project (100%)
The Collurabbie project is located in the highly prospective North Eastern Goldfields region of Western Australia and is prospective for gold and nickel. The project area of ~123km2 hosts the Olympia nickel sulphide deposit and a number of other prospects for nickel sulphide mineralisation. A JORC 2012 Inferred Mineral Resource of 573,000t grading 1.63% Ni, 1.19% Cu, 0.082% Co, 1.49g/t Pd, 0.85g/t Pt has been defined at Olympia (ASX: RXL 18 August 2017). The style of nickel sulphide mineralisation is different to that at Fisher East, with a significant copper and PGE component at Collurabbie, and has been compared to the Raglan nickel deposits in Canada (>1Mt contained nickel). In addition, there is potential for gold mineralisation, with several strong drilling intersections including 2m @ 2.4g/t Au from the Naxos prospect.
Mt Fisher Gold Project (100%)
The Mt Fisher gold project is located in the North Eastern Goldfields region of Western Australia, adjacent to the Fisher East nickel project, and hosts several gold deposits. The total project area is ~220km2.
Drilling by Rox has defined numerous high-grade gold targets and a JORC 2012 Measured, Indicated and Inferred Mineral Resource (ASX:RXL 11 July 2018) of 1.0 million tonnes grading 2.7 g/t Au reported at a 0.8 g/t Au cut-off exists for 89,000 ounces of gold (Measured: 170,000 tonnes grading 4.1 g/t Au, Indicated: 220,000 tonnes grading 2.7 g/t Au, Inferred: 630,000 tonnes grading 2.3 g/t Au) aggregated over the Damsel, Moray Reef and Mt Fisher deposits.
JORC Table 1 - Section 1 Data and Sampling Techniques
Criteria JORC Code explanation Commentary Sampling RC hole diameter was 5.5" (140 mm) reverse circulation techniques percussion (RC). Sampling of RC holes was undertaken by collecting 1m cone split samples at intervals. Nature and quality of sampling (e.g. cut channels, Diamond drill hole core size is NQ2 size diameter through random chips, or specific specialised industry standard the mineralisation. Sampling of diamond holes was by cut half core as described further below.
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.
Aircore hole diameter was 85mm. Sampling of AC holes was undertaken by collecting (scoop) a combination of composite sampling (2m to 5m)
| Drill holes were generally angled at -650towards 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 Drillhole locations were picked up by differential 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. |
|
| 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 1m intervals using a cone splitter. Diamond core is dominantly NQ2 size, sampled on geological intervals, with a minimum of 0.2 m up to a maximum of 1.2 m. HQ and NQ2 holes were cut in half, with one half sent to the lab and one half retained. Aircore drilling was sampled (scooped) using a combination of composite sampling (2m to 4m) Samples were sent to Intertek Genalysis in Perth, crushed to 10mm, dried and pulverised (total prep) in LM5 units (Some samples > 3kg were split) to produce a sub-sample. RC and diamond pulps were analysed by 50g Fire Assay with ICP-OES (Intertek code FA50/OE). AC pulps were analysed by 25gram aqua regia 52 element (Intertek code AR25/MS52). |
|
| 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 diamond core (DD). The RC hole diameter was 140mm face sampling hammer. Hole depths reported range from 50m to 250m for RC and 40m to 380m for diamond. Drilling technique was aircore (AC) with hole diameter of 85mm. Hole depths reported range from 6m to 107m. |
| Drill sample recovery |
Method of recording and assessing core and chip sample recoveries and results assessed RC and AC 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. |
| Criteria | JORC Code explanation Commentary |
|---|---|
| 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. |
|
| 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 RC and AC holes, but no geotechnical data have been recorded (or is possible to be recorded due to the nature of the sample). Detailed geological and geotechnical logs were carried out on all diamond drill holes for recovery, RQD, structures etc. which included structure type, dip, dip direction, alpha angle, beta angle, texture, shape, roughness, fill material, and this data is stored in the database. The geological data would be suitable for inclusion in a Mineral Resource estimate. |
| Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. Logging of diamond core and RC and AC chips recorded lithology, mineralogy, mineralisation, weathering, colour, and other sample features. RC chips are stored in plastic RC chip trays. |
|
| 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. Drill core was cut in half on site using a core saw. All samples were collected from the same side of the core, preserving the orientation mark in the kept core half. |
| If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. 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. AC samples were scooped directly from drill sample piles. |
|
| 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 these was approximately 1:20. |
|
| 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 diamond core field duplicates were taken. 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. |
| Criteria | JORC Code explanation Commentary |
|---|---|
| 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 for RC. The analytical technique involved 25g aqua regia for AC. |
| 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. |
|
| 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. Two twin RC holes have been completed at the Grace Prospect and confirm reliability of previous results. |
|
| 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. Drill hole locations have been established using a field GPS unit. |
| 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. RC and diamond drill hole spacing varies 40-200 metres between drill sections, with some areas at 40 metre drill section spacing. Down dip step-out distance varies 20-100 metres. AC drill hole spacing along section lines is variable and ranges between 40m and 100m. The section lines were spaced at between 80m and 400m intervals. |
| 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. Data spacing and distribution are sufficient to establish the degree of geological and grade continuity appropriate for JORC(2012) classifications applied. |
| Criteria | JORC Code explanation Commentary |
|---|---|
| Whether sample compositing has been applied. No sample compositing has occurred for diamond core drilling. Sample intervals are based on geological boundaries with even one metre samples between. 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 >0.25g/t Au, 1m samples were collected and sent to the laboratory for analysis. |
|
| 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 NNW-SSE and dips to the west at approximately -50 degrees. The drill orientation was 065 and 245 degrees and -60 to -90 dip. Drilling is believed to be generally perpendicular to strike. |
| 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. |
| Audits or reviews |
The results of any audits or reviews of sampling techniques and data. No audits have yet been completed. |
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 is in a Joint Venture Agreement with Venus Metals Corporation Ltd under which it has a 70% interest in the Youanmi Gold Mine Joint Venture (OYG Joint Venture). Tenements in the JV consist of the following mining leases: M 57s /10, 51,76,97,109, 135, 160A, 164, 165, 166 and 167. |
| 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. |
| Criteria | JORC Code | explanation | Commentary | |||||
| Exploration done | Significant previous exploration has been carried out | |||||||
| by other parties | throughout the project by various companies, including | |||||||
| AC/RAB, RC drilling and diamond drilling | ||||||||
| 1971-1973 WMC: RAB, RC and surface diamond drilling | ||||||||
| 1976 Newmont: 10 surface diamond drillholes |
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| (predominantly targeting base metals). | ||||||||
| 1980-1986 BHP: RAB, RC and surface diamond drilling | ||||||||
| (predominantly targeting base metals). | ||||||||
| Acknowledgment | and appraisal of exploration by other | 1986-1993 Eastmet: RAB, RC and surface diamond drilling. | ||||||
| parties. | 1993-1997 Goldmines of Australia: RAB, RC and surface | |||||||
| diamond drilling. Underground mining and associated | ||||||||
| underground diamond drilling. | ||||||||
| 2000-2003 Aquila Resources Ltd: Shallow RAB and RC | ||||||||
| drilling | ||||||||
| 2004-2005 Goldcrest Resources Ltd: Shallow RAB and RC | ||||||||
| drilling; data validation. | ||||||||
| 2007- 2013 Apex Minerals NL: 9 diamond holes targeting | ||||||||
| extensions to the Youanmi deeps resource. | ||||||||
| Geology | The Youanmi Project straddles a 40km strike length of the | |||||||
| Youanmi Greenstone Belt, lying within the Southern Cross | ||||||||
| Province of the Archaean Yilgarn Craton in Western | ||||||||
| Australia. The greenstone belt is approximately 80km long | ||||||||
| and 25km wide, and incorporates an arcuate, north-trending | ||||||||
| major crustal structure termed the Youanmi Fault Zone. This | ||||||||
| structure separates two discordant greenstone terrains, with | ||||||||
| the stratigraphy to the west characterised by a series of | ||||||||
| weakly deformed, layered mafic complexes (Windimurra, | ||||||||
| Black Range, Youanmi and Barrambie) enveloped by | ||||||||
| strongly deformed, north-northeast trending greenstones. | ||||||||
| Gold mineralisation is developed semi-continuously in shear | ||||||||
| zones over a strike length of 2,300m along the western | ||||||||
| margin of the Youanmi granite. | ||||||||
| The Youanmi gold lodes are invariably associated with a high | ||||||||
| pyrite and arsenopyrite content and the primary ore is | ||||||||
| partially to totally refractory. | ||||||||
| Deposit type, mineralisation. |
geological | setting |
and | style | of | There are a series of major fault systems cutting through the Youanmi trend mineralisation that have generated some significant off-sets. |
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| The Youanmi Deeps project area is subdivided into three | ||||||||
| main areas or fault blocks by cross-cutting steep south-east | ||||||||
| trending faults; and these are named Pollard, Main, and Hill | ||||||||
| End from south to north respectively. | ||||||||
| Granite hosted gold mineralisation occurs at several sites, | ||||||||
| most notably Grace and the Plant Zone Prospects. Gold | ||||||||
| mineralization occurs as free particles within quartz-sericite | ||||||||
| altered granite shear zones. | ||||||||
| The Commonwealth-Connemarra mineralised trend is | ||||||||
| centred 4km northwest of the Youanmi plant. The geology | ||||||||
| comprises a sequence of folded mafic and felsic volcanic | ||||||||
| rocks intercalated with BIF and intruded by granite along the | ||||||||
| eastern margin. Gold mineralisation is developed over a | ||||||||
| 600m strike length, associated with a north trending and | ||||||||
| steeply west dipping shear zone that traverses the northwest | ||||||||
| trending succession. |
| Criteria | JORC Code explanation Commentary |
|---|---|
| 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 diamond core. |
| 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 diamond core. Mineralisation over 0.1g/t Au has been included in aggregation of intervals for AC. |
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| The assumptions used for any reporting of metal equivalent values should be clearly stated. No metal equivalent values have been used or reported. |
|
| Relationship between mineralisation widths and intercept lengths |
These relationships are particularly important in the reporting of Exploration Results. If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. 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’). The mineralisation strikes generally NNW-SSE and dips to the west at approximately -50 degrees. The drill orientation was 065 and 245 degrees and -60 to -90 dip. Drilling is believed to be generally perpendicular to strike. Given the angle of the drill holes and the interpreted dip of the host rocks and mineralisation (see Figures in the text), reported intercepts approximate true width. |
| Diagrams | Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. Refer to Figures and Table in the text. |
| Balanced reporting |
Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. Representative reporting of both low and high grades and widths is practiced. |
| Other substantive exploration data |
Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. All meaningful and material information has been included in the body of the announcement. |
| Criteria | JORC Code explanation | Commentary | |
| 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 (AC, RC and diamond drilling) is justified to locate extensions to mineralisation both at depth and along strike. |
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| and future drilling areas, provided this information is not | |||
| commercially sensitive |