Rox Resources Ltd · ASX:RXL
Rox Resources — Resources Rising Stars 2023
20 slides from Rox Resources's conference presentation, May 16, 2023
Slide 1: Investor Presentation Resources Rising Stars 2023
ASX: RXL Investor Presentation Resources Rising Stars 2023 Gold Coast 16 May 2023 Exploring and Robert Ryan Developing the Managing Director High-Grade Youanmi Gold www.roxresources.com.au Project
Slide 2: Disclaimers and Competent Person Statement
Disclaimers and Competent Person Statement Forward-Looking Statements Competent Person Statements This presentation has been prepared by Rox Resources Limited. This document contains background information about Rox Exploration Results Resources Limited current at the date of this presentation. The
Slide 3: Building Rox's Value
Building Rox’s Value Simple Ownership • 100% ownership of the Youanmi Gold Project (OYG), post Venus transaction • Increased investor and capital markets appeal Significant Upside • Game changing discoveries in near mine areas: o Paddy’s Lode and Midway • Regional areas opportunities (Linda Gossan,
Slide 4: ESG Framework
ESG Framework We are pleased to align our reporting to the United Nations Sustainable Development Goals (SDG’s), the Global Reporting Initiative’s (GRI) Standards and the Task Force for Climate-related Financial Disclosures (TCFD) 2023 Goals Publish Sustainability insert within our Annual Report Est
Slide 5: Project Location
Project Location • Youanmi Gold Project located approximately 480km northeast of Perth and Mt Fisher – Mt Eureka Gold Project Jundee (5Moz) approximately 140km southeast of Wiluna Meekatharra Meekatharra Gold Mt Fisher – Mt Eureka (0.2Moz) Operation (3Moz) Cue Gold Operation (4Moz) Mt Magnet Mine (3
Slide 6: Corporate Information
Corporate Pro-forma Corporate Snapshot Current Pro-forma1 Information Shares Market Capitalisation (at 11/5/2023) 224.4m A$87.5m 334.4m A$130.4m Options 16.1m 16.1m Rox Resources Limited (ASX: RXL) is a West Australian Performance Rights 13.4m 13.4m focused gold exploration and development Company.
Slide 7: Consolidating the Youanmi Gold Belt
Consolidating the Youanmi Gold Belt • Rox to acquire 100% interest in the OYG and 90% to 100% gold interests in the regional tenure 1 • Highly strategic consolidation of 697km2 and >60km of strike of the Youanmi Shear Zone • The belt is demonstrated to be host to extensive high-grade gold occurrence
Slide 8: Historical High-Grade Production
Historical High-Grade Production Over 660koz of historical production at high-grade, mine closed due to low gold price of ~A$450/oz 1908 –1921 Historical Shaft Mining Production 166koz @ 15.2g/t 1937 – 1942 Historical Shaft Mining Production 95koz @ 8.1g/t and 15koz @ 10.2g/t 1987 – 1993 Open Pit Mi
Slide 9: Youanmi South Discovery – Paddy's Lode
Youanmi South Discovery – Paddy’s Lode Paddy’s Lode Discovery • Bonanza intercept in discovery hole RXRC458: 28m @ 34.81g/t Au from 204m, including; o 18m @ 51.96g/t from 207m, including; o 10m@ 79.55g/t from 211m, including; o 3m @ 138.07g/t from 218m • Follow-up drilling confirms the discovery of
Slide 10: Paddy's Lode – Extensive Growth Potential
Paddy’s Lode – Extensive Growth Potential • The mineralised structure has been defined over 200m in strike at 200m to 250m in depth Paddy’s Lode • Follow-up RC drilling to commence to expand mineralization up and down dip Potential • Southern extensions to Youanmi provide a potential unmined, high-g
Slide 11: Midway – An Emerging Discovery
Midway – An Emerging Discovery Midway Discovery • Newly defined exploration corridor that is located within 300m of the hanging-wall of the Youanmi Main Lode and open in all directions • Recent results: o 2.86m @ 22.03 g/t Au from 356.39m in RXDD047 and; o 3.73m @ 10.25 g/t Au from 405.80m in RXDD04
Slide 12: Link High-Grade Drilling Results
Link High-Grade Drilling Results Resource Development Drilling • Drilling at Link intersecting thick, high-grade mineralisation with several standout intercepts: o RXDD052: 4.00m @ 14.85g/t Au o RXDD058: 6.53m @ 10.31g/t Au; and 7.61m @ 8.20g/t Au o RXDD059: 8.25m @ 8.54g/t Au o RXDD062: 22.00m @ 6.
Slide 13: Building Resource Confidence – Near Mine Exploration
Building Resource Confidence – Near Mine Exploration Limited Near-Mine Exploration Current Resource Statement – April 20221 Kurrajong / United Hill Kurrajong / Rebel Kathleen Main Pit Bunker Rebel North End Kathleen United North Hill End Link April 2022 Tonnes Au Grade Au Metal Resource (Mt) (g/t) (
Slide 14: Regional Drilling Programme
Regional Drilling Programme Linda Gossan Prospect Currans Find – Taylor’s Reef Sovereign Prospect • VMC054: 9m @ 15.6 g/t Au from surface • Historical production of 6,874 tons at a recovered average grade of 13 • RC result: including 3m @ 35.2 g/t Au from 1m g/t Au o YSRC014: 8m @ 5.03 g/t Au from 1
Slide 15: Potential Upside to Scoping Study
Potential Upside to Scoping Study Potential Upside – Resource Stope Optimisation Scoping Study Key Metrics Total Material Processed 3.9Mt @ 5.0g/t Au Annual Payable Metal 71koz pa Plant Throughput Processing Plant Layout 480ktpa All-In Sustaining Cost $1,538/oz Pre-Production Capex $99m Notes 1. Ref
Slide 16: High Quality Low Arsenic Gold Concentrate
High Quality Low Arsenic Gold Concentrate From Rox’s recent testwork and historic performance, simplified metallurgy is as follows: • Historical production shows consistent concentrate production of >40g/t gold in concentrate with ~2% As 1 • Recent test-work confirms conventional floatation produces
Slide 17: Gold Concentrate Market
Gold Concentrate Market Gold Concentrate as a % of Gold Production Gold Concentrate Forecast (%) (Tonnes) Actual Forecast 550 500 450 400 350 300 Other 12% Gold Concentrate 250 88% 200 150 100 50 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Source: MetalsFocus So
Slide 18: Mt Fisher – Mt Eureka Gold Project (Non-Core Asset)
Mt Fisher – Mt Eureka Gold Project (Non-Core Asset) Project Overview • 850km2 ground position in one of the least explored greenstone belts in the prolific Yilgarn Craton • Targeting orogenic gold mineralisation and strata-bound VMS style mineralization • VMS prospectivity identified through extensi
Slide 19: Next Steps
Next Steps Corporate Transaction • Finalise the consolidation of Youanmi Gold Project Resource Development and Exploration Drilling Programme Underway • Resource definition drilling near completion • Review and interpret drilling results at Paddy’s Lode and Midway • Review and update mineral resourc
Slide 20: THANK YOU
THANK YOU Level 2, 87 Colin Street, West Perth, WA 6005 (08) 9226 0044 admin@roxresources.com.au www.roxresources.com.au