Rox Resources Ltd · ASX:RXL
Rox Resources — Corporate Update (February 2026)
24 slides from Rox Resources's corporate update, Feb 3, 2026
Slide 1: February Corporate Update
ASX: RXL February Corporate Update Robust. Grade. Margin. Upside. Corporate Update | 3 February 2026
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 No Liability To the maximum extent permitted by law, Rox and its related bodies corporate and affiliates, and the respective officers, directors, partners, employees, agents and advisers of Rox an
Slide 4: Important Information and Disclaimer
Important Information and Disclaimer ASX: RXL Important - you must read the following before continuing Competent Person Statements Metallurgical Results The information in this presentation that relates to metallurgical results is based on information compiled and reviewed by Mr Michael Davis a Com
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 • Planned initial + 7 year mine life averaging ~117k
Slide 6: Corporate Information
Corporate Information ASX: RXL Capital structure (30 January 2026) Analyst Coverage Shares on Issue 1,388m Share Price A$0.56 Market Capitalisation A$777m Performance Rights 31.7m Unlisted Options 1.0m Cash and cash equivalents1 A$232m L1 Capital $0.70 20 18 $0.60 14.8% Other 16 31.6% $0.50 14 Hawke
Slide 7: DFS Highlights – Youanmi Gold Project
DFS Highlights – Youanmi Gold Project ASX: RXL Low Cost & High Margin Project Funding Well Advanced • Low AISC of A$1,978/oz resulting in a high margin • A$218 million equity completed ~40% of the ~A$450 million funding requirement • Free cash flow of approx. A$2.3 billion pre-tax at gold price of A
Slide 8: High-Grade Ore Reserve
High-Grade Ore Reserve 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 4.4 4.8 674 Total Underground Ore Reserve 4.4 4.8 674 Corporate Update | 3 February 2026 8
Slide 9: Mine Plan Growth Opportunities
Mine Plan Growth Opportunities ASX: RXL • Opportunities to unlock more potential in the Mine Plan with further planned drilling along strike and down dip • Top 300 metres of the Resource has greater than 4,000 ounces per vertical metre • Significant opportunity to increase mining production rate and
Slide 10: Processing
Processing ASX: RXL Simple flowsheet to produce gold doré averaging 117koz per annum – recoveries estimated at 90.8%, with extra plant capacity Understood Metallurgy, Simple Flowsheet 92% of gold associated with sulphides, 60% of gold classified as free milling Sulphide combination of Pyrite and Ars
Slide 11: Early Works Well Advanced
Early Works Well Advanced ASX: RXL Significant steps forward on pathway to production • Significant infrastructure – 111 room camp operational • Next phase camp expansion underway • Pumping more than 75% complete in Main Pit • United North exploration decline established, Byrnecut fully mobilised •
Slide 12: Exploration Potential >60km strike on Youanmi Shear Zone
Exploration Potential >60km strike on Youanmi Shear Zone ASX: RXL • Very little drilling outside the existing mine areas of Youanmi and Penny West • Recent Aeromagnetic survey data processed and target generation underway • Further work planned regionally to commence in early CY 2026 • In-fill drill
Slide 13: Drilling and Exploration Plan
Drilling and Exploration Plan ASX: RXL • Aeromagnetic survey interpretation and targeting commenced for follow up drill testing in H2 CY2026 • H1 CY 2026 Drill Programs to focus on: • Infill drilling upper levels of mine plan • Surface initially then Underground • Connemarra - Commonwealth • Previou
Slide 14: Pathway to Production
Pathway to Production ASX: RXL CY25 CY26 CY27 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Key Project First Deliverables DFS Funding and FID Mill construction and commissioning Operating Milestones gold Resource extensional drilling Extensional drilling - From Surface and underground Growth Exploration drilling Expl
Slide 15: Team. Vision. Mission.
Team. Vision. Mission. ASX: RXL Board of Directors Stephen Dennis Phillip Wilding Alan Rule Non-Executive Chair Managing Director & CEO Non-Executive Director Experienced team with proven Nathan Stoitis David Boyd Non-Executive Director Non-Executive Director record in developing Australian gold min
Slide 16: Next Steps
Next Steps ASX: RXL Continue Early Works • Continue with phase 2 – 4 camp construction (240 rooms plus new dry mess) • Advance United North exploration decline development • Complete dewatering of Youanmi Main Pit • Surface drilling to commence in Q1 CY 2026 Continue with Regulatory Approvals • Cont
Slide 17: Investment Highlights
Investment Highlights ASX: RXL High-Grade • High-Grade Ore Reserve declared 674koz @ 4.8 g/t • Initial Mine Plan of 900koz @ 4.9 g/t Resource • Mineral Resource of 2.2Moz @ 5.6 g/t Resource • Mineral Resource open down dip and along strike Growth to • Drilling planned in early CY2026 from undergroun
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: Key Study Outcomes at A$5,200/oz Au
Key Study Outcomes at A$5,200/oz Au ASX: RXL Key Physicals Targets Capital Costs Key Financial Forecasts and Assumptions and Assumptions Life Of Mine1 years 6.8 Pre-production Capital A$m 383 Gold Price A$/oz 5,200 Plant Throughput ktpa 900 Sustaining Capital A$m 172 Discount Rate % 8 Mine Productio
Slide 20: Low All-In Sustaining Cost and Capital
Low All-In Sustaining Cost and Capital ASX: RXL LOM C1 Cash Cost and AISC Breakdown1 Pre-Production Capital Costs A$m Processing Facilities 217 (A$/oz) $2,000 $209 $1,978 Site Infrastructure 17 $1,800 $179 Underground Mining 28 $93 $1,590 $1,600 $593 Tailings Storage Facility 12 $1,400 Water Managem
Slide 21: Mining Profile
Mining Profile ASX: RXL Ore Tonnes (t) Mined Tonnes and Grade Grade (g/t Au) 1,000,000 10.0 900,000 9.0 800,000 8.0 700,000 7.0 600,000 6.0 500,000 5.0 400,000 4.0 300,000 3.0 200,000 2.0 100,000 1.0 - - FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 Production Tonnes Develo
Slide 22: Production Target
Production Target ASX: RXL Ounces (oz) Ounces Mined and AISC A$/ounce 200,000 $3,000 180,000 $2,700 160,000 $2,400 140,000 $2,100 120,000 $1,800 Board 100,000and Management $1,500 80,000 $1,200 60,000 $900 40,000 $600 20,000 $300 - $0 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 O
Slide 23: Plan View and United North Section
Plan View and United North Section ASX: RXL Corporate Update | 3 February 2026 23
Slide 24: Sections Youanmi Main (Nth) and Prospect
Sections Youanmi Main (Nth) and Prospect ASX: RXL Corporate Update | 3 February 2026 24