Rox Resources Ltd · ASX:RXL
Rox Resources — Australian Gold Conference 2025
23 slides from Rox Resources's conference presentation, October 2025
Slide 1: Near-Term Gold Producer
ASX: RXL Near-Term Gold Producer Grade. Margin. Upside. Australian Gold Conference | October 2025
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer ASX: RXL Important - you must read the following before continuing The following notices and disclaimers apply to this presentation and you are therefore advised to read this carefully before reading or making any other use of this presentation or any information
Slide 3: Important Information and Disclaimer
Important Information and Disclaimer ASX: RXL Important - you must read the following before continuing Production Target The Production Target and forecast financial information derived from the Production Target referred to in this release are underpinned by Indicated Mineral Resources (approximat
Slide 4: Major Highlights
Major Highlights ASX: RXL $0.60 12 High-grades and exploration upside $0.50 10 • Flagship Youanmi Gold Project in premier mining state of Western Australia Volume (Millions) • Underground gold project with compelling economics $0.40 8 • Recently updated Mineral Resource open down dip and along strik
Slide 5: Flagship - Youanmi Gold Project
Flagship - Youanmi Gold Project ASX: RXL • Located in the central Youanmi Greenstone Belt, within the Southern Cross Province of the Archaean Yilgarn Craton • Situated in Western Australia – globally recognised as Australia’s premier gold province • Surrounded by million-ounce deposits and major gol
Slide 6: PFS Highlights – Youanmi Project → DFS Indications
PFS Highlights – Youanmi Project → DFS Indications ASX: RXL High-Grade Reserve and Resource Expect Higher Tonnes and Ounces for Reserve • July 2024 PFS Probable Ore Reserve estimate of 3.8Mt @ 4.4 • New 2025 Total MRE of 12.1Mt @ 5.6 g/t Au for 2,170koz g/t Au for 546koz • 11% increase in grade • Ba
Slide 7: New High-Grade Mineral Resource Estimate (July 2025)
New High-Grade Mineral Resource Estimate (July 2025) ASX: RXL Cut-off Indicated Inferred Total Category Grade Tonnes Au Grade Au Metal Tonnes Au Grade Au Metal Tonnes Au Grade Au Metal (g/t) (Mt) (g/t) (Koz) (Mt) (g/t) (Koz) (Mt) (g/t) (Koz) Open Pit 0.5 0.7 2.0 48 0.5 1.3 22 1.2 1.7 70 Underground
Slide 8: Key Results From Step-Up Program
Key Results From Step-Up Program1 ASX: RXL Australian Gold Conference | October 2025 8 1. Refer to ASX announcement titled and dated “Youanmi drill program May update” 28 May 2025.
Slide 9: High-Grade Ore Reserve (July 2024)
High-Grade Ore Reserve (July 2024) ASX: RXL Existing Decline to ~600m below surface Ore Reserve Tonnes (Mt) Grade (g/t Au) Contained Ounces (koz) Proved Underground Ore Reserve - - - Probable Underground Ore Reserve 3.83 4.4 546 Total Underground Ore Reserve 3.83 4.4 546 Australian Gold Conference |
Slide 10: Dewatering & Early Works
Dewatering & Early Works ASX: RXL Significant steps forward on pathway to production • Significant infrastructure with high volume evaporation ponds and pits available – fully permitted and in use • Pumping completed in United North Pit • Pumping underway in Main Pit • United North exploration decli
Slide 11: Pit Dewatering (1 October 2025)
Pit Dewatering (1 October 2025) ASX: RXL United North Pit Main Pit Planned Portal Australian Gold Conference | October 2025 11
Slide 12: Metallurgical Test Work
Metallurgical Test Work ASX: RXL • Metallurgical test work for the DFS advancing, comminution and flotation works completed, and base work for Albion Process released • DFS test work based on large scale, bulk samples, representative of mine plan Comminution (BWI) • 16kw/t, only slightly abrasive, t
Slide 13: Exploration Potential
Exploration Potential ASX: RXL >60km strike on Youanmi Shear Zone • Other than existing mine areas of Youanmi and Penny West, very little drilling undertaken • Rox recently commenced drilling near mine targets, along with more around Currans • Further work planned regionally, following up on near mi
Slide 14: Exploration Potential – Currans Area
Exploration Potential – Currans Area ASX: RXL Currans Find Gold Project1 Located 20km south of Youanmi Previous Significant intercepts at Currans Find include: • CFRC026: 3m @ 32.58g/t Au from 115m • CFRC016: 3m @ 27.50g/t Au from 39m • CFRC031: 4m @ 18.59g/t Au from 108m • CFRC084: 3m @ 19.58g/t Au
Slide 15: Indicative Pathway to Production
Indicative Pathway to Production ASX: RXL CY24 CY25 CY26 CY27 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Key Project Deliverables Definitive Feasibility Study FID Mill construction and commissioning First gold Milestones Resource extensional drilling Extensional drilling Growth Exploration drilling Exploratio
Slide 16: Team, Vision, Mission
Team, Vision, Mission ASX: RXL Board of Directors Stephen Dennis Phillip Wilding Non-Executive Chair Managing Director & CEO Experienced team with proven record in Nathan Stoitis David Boyd developing Australian Non-Executive Director Non-Executive Director gold mines Management Vision to deliver su
Slide 17: Next Steps
Next Steps ASX: RXL Updated Mineral Resource Estimate just released → Reserves • Based on ~46,000m of recent drilling, driving a larger, higher confidence UG Resource • Mine Plan optimisations underway for Reserves, driving mill design and project DFS Progress Definitive Feasibility Study • Comminut
Slide 18: Thank You
ASX: RXL Thank You Level 1, 87 Colin Street, www.roxresources.com.au West Perth, Western Australia 6005 + 61 (8) 9226 0044 admin@roxresources.com.au rox-resources
Slide 19: Plan View and United North Section
Plan View and United North Section ASX: RXL Australian Gold Conference | October 2025 19
Slide 20: Sections Youanmi Main (Nth) and Prospect
Sections Youanmi Main (Nth) and Prospect ASX: RXL Australian Gold Conference | October 2025 20
Slide 21: Appendix - PFS Production Target – The Starting Point
Appendix - PFS Production Target – The Starting Point ASX: RXL Current Life of Mine, Ounces Mined and AISC – THE AIM: to bring in forward ounces and increase with higher throughput Ounces Mined (koz) AISC $/oz 140 2,800 130 Indicated Inferred AISC 120 2,400 110 100 2,000 90 80 1,600 70 60 1,200 50 4
Slide 22: Appendix - Project PFS Capital Requirement
Appendix - Project PFS Capital Requirement ASX: RXL Pre-Production Capital Costs A$m Site Infrastructure 22 Processing Facilities 150 Tailings Storage Facility 4 Underground Development 39 Commissioning Costs – Net 15 Contingency 15 Total Pre-Production Costs 245 Sustaining Capital – Life Of Mine Un
Slide 23: Appendix - Processing – A Scalable Plant
Appendix - Processing – A Scalable Plant ASX: RXL Simple flowsheet to produce gold doré averaging 103koz per annum – with recoveries estimated at 92.6% Simple Flowsheet • Conventional crushing, grinding and flotation • Flotation concentrate to Albion Process • Flotation tails to conventional CIL • A