Rox Resources Ltd · ASX:RXL
Rox Resources — Investor Presentation (November 2024)
21 slides from Rox Resources's investor presentation, Nov 13, 2024
Slide 1: Pathway to Production with Exceptional Gold Growth Potential
Pathway to Production with Exceptional Gold Growth Potential Investor Presentation November 2024 ASX: RXL
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer Important - you must read the following before continuing This presentation is dated 13 November 2024 and has been prepared by management of Rox Resources Limited (ACN 107 202 602) (“RXL”, “Rox” or “the Company”). The following notices and disclaimers apply to th
Slide 3: Important Information and Disclaimer
Important Information and Disclaimer Important - you must read the following before continuing Financial Information All financial information in this presentation is in Australian dollars unless otherwise stated. Effect of Rounding A number of figures, amounts, percentages, estimates, calculations
Slide 4: An Emerging High-Grade Gold Developer
An Emerging High-Grade Gold Developer High-Grade • High-Grade Maiden Probable Ore Reserve declared 3.8Mt @ 4.4g/t Au for 546koz1 Resource • Total Mineral Resource estimate of 16.2Mt @4.4g/t Au for 2.3Moz2 Resource Growth • Mineral Resource open down dip and along strike • Near-Mine exploration targe
Slide 5: Team, Vision and Mission
Team, Vision and Mission Proven Leadership Team in the Resource Sector with a Clear Goal Board of Directors Management Stephen Dennis Dr John Mair Phillip Wilding Christopher Hunt Non-Executive Chair Non-Executive Director Chief Executive Officer Chief Financial Officer & Company Secretary Matthew H
Slide 6: Corporate Overview
Corporate Overview Current Pro-Forma Capital Structure Capital Structure1 Shares on Issue 410.6m Shares on Issue 603.5m Share Price (at 9/11/2024) A$0.17 Share Price (at 9/11/2024) A$0.17 Market Capitalisation (at 9/11/2024) A$69.8m Market Capitalisation (at 9/11/2024) A$102.1m Unlisted Options 30.3
Slide 7: The Youanmi Gold Project
The Youanmi Gold Project • Located in the central part of the Youanmi Greenstone Belt, in the Southern Cross Province of the Archaean Yilgarn Craton in Western Australia, “Australia’s premier gold province” • Surrounded by million-ounce mines and major gold producers • Proven track record of product
Slide 8: Youanmi PFS Highlights
Youanmi PFS Highlights1 A high-grade, high-margin underground gold project with compelling economics and potential for significant further upside High-Grade • High-Grade Maiden Probable Ore Reserve estimate of 3.8Mt @ 4.4 g/t Au for Reserve and 546koz Resource • Total Mineral Resource estimate of 16
Slide 9: High-Grade Mineral Resource Estimate
High-Grade Mineral Resource Estimate1 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 5.1 2.8 458 1.4 2.4 108 6.5 2.7 565 Underground 2.5 5.6 6.1 1,103 4.1
Slide 10: High-Grade Ore Reserve
High-Grade Ore Reserve1 Existing Decline to ~600m below surface Ore Reserve Tonnes (Mt) Grade (g/t Au) Contained Ounces (koz) Proved Underground Ore Reserve 0.0 0.0 0.0 Probable Underground Ore Reserve 3.83 4.4 546 Total Underground Ore Reserve 3.83 4.4 546 ASX: RXL Notes: 1. Refer to ASX announceme
Slide 11: Exploration Targets ~35,000m Drilling to Start
Exploration Targets ~35,000m Drilling to Start Long-Section of Youanmi Lodes showing the current classified resource area, and the area estimated for the Exploration Targets1 Exploration Target Target Tonnage Grade Au Ounce Au Area Range Range Range 1.0Mt to 5.3 g/t to 193Koz to Kathleen 1.3Mt 8.0 g
Slide 12: Results Demonstrate Early Upside Potential
Results Demonstrate Early Upside Potential Paddy’s Lode United North • ~400m corridor between Paddy’s and Pollard with limited • Potential repetitions of high-grade channel shoots drilling below 100m depth • Paddy’s extensional drilling has the potential to grow the resource and the potential produc
Slide 13: Pollard - More High Grade, More Potential
Pollard - More High Grade, More Potential Pollard • High grade results here in Pollard really emphasize the potential for these shoots to extend • Similar with all results in this program with the known high-grade plunging shoots • Significant upside in all areas and at depth • Shallow intercepts in
Slide 14: Regional Advanced Projects
Regional Advanced Projects Currans Find Gold Project • Located 20km south of Youanmi • Significant historical intercepts at Currans Find include: o CFRC026: 3m @ 32.58g/t Au from 115m o CFRC016: 3m @ 27.50g/t Au from 39m o CFRC031: 4m @ 18.59g/t Au from 108m o CFRC084: 3m @ 19.58g/t Au from 21m • Re
Slide 15: Indicative Pathway to Production
Indicative Pathway to Production Developing a high-grade, high-margin underground gold project whilst simultaneously unlocking its significant growth potential I 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 commi
Slide 16: Next Steps
Next Steps Near-mine Exploration and Growth ~35,000m Drill Program • Drill near-mine growth exploration targets1 – focus for early ounces and increased production followed by infill and depth extensions • Potential to significantly increase the scale of the Youanmi Gold Project Progress Definitive F
Slide 17: Thank You
Thank You Level 2, 87 Colin Street, West Perth, WA 6005 (08) 9226 0044 admin@roxresources.com.au www.roxresources.com.au
Slide 18: Appendix - Dewatering Early Works
Appendix - Dewatering Early Works • Significant infrastructure with high volume evaporation ponds available Previous Tailings Storage ➢ FULLY PERMITTED • Working through plans to refurbish and Licenced commence use Evaporation • Ability to move water onsite being Ponds investigated – Northern Pits •
Slide 19: Appendix - PFS Production Target – the Starting Point
Appendix - PFS Production Target – the Starting Point Current Life of Mine Ounces Mined and AISC – THE AIM – to bring in forward ounces and increase with higher throughput Ounces Mined (koz) AISC $/oz 140 2,800 130 Indicated Inferred AISC 120 2,400 110 100 2,000 90 Board 80 and Management 1,600 70 6
Slide 20: Appendix - Project PFS Capital Requirement
Appendix - Project PFS Capital Requirement Attractive Value Proposition Pre-Production Capital Costs A$m Base Case $3,100/oz Site Infrastructure 22 $486m Processing Facilities 150 2.0x $322m Tailings Storage Facility 4 $252m $245m value Gap Underground Development 39 4.6x $70m Commissioning costs –
Slide 21: Appendix - Processing – A Scalable Plant
Appendix - Processing – A Scalable Plant 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 ProcessTM → Flotation tails to conventional CIL • Albion P
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