Rox Resources Ltd · ASX:RXL
Rox Resources — Diggers & Dealers 2023
21 slides from Rox Resources's conference presentation, Aug 9, 2023
Slide 1: Diggers and Dealers August 2023
1 ROX RESOURCES LIMITED ASX: RXL Diggers and Dealers August 2023 Robert Ryan | Managing Director Exploring and Developing the High-Grade Youanmi Gold Project 7 – 9 August 2023 www.roxresources.com.au
Slide 2: Disclaimers and Competent Person Statement
2 ROX RESOURCES LIMITED 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
Slide 3: Building Rox's Value
3 ROX RESOURCES LIMITED Building Rox’s Value Simple Ownership • 100% ownership of the Youanmi Gold Project • Increased investor and capital markets appeal Significant Upside • New discoveries in near-mine areas: o Paddy’s Lode and Midway • Regional areas opportunities (Linda Gossan, Sovereign and Cu
Slide 4: ESG Framework
4 ROX RESOURCES LIMITED 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 with
Slide 5: Project Location
5 ROX RESOURCES LIMITED Project Location • Youanmi Gold Project located approximately 480km northeast of Perth and Mt Fisher – Mt Eureka Gold Project approximately 140km southeast of Wiluna Jundee (5Moz) Meekatharra Mt Fisher – Mt Eureka • Located in the central part of the Youanmi Greenstone Belt,
Slide 6: Corporate Information
6 ROX RESOURCES LIMITED Corporate Capital Structure Shareholders Information ASX Code RXL Venus Metals Shares on Issue 334.4m 17.9% Rox Resources Limited (ASX: RXL) is a West Australian Share Price (at 2/8/2023) $0.25 8.8% Hawke’s Point focused gold exploration and development Company. It is the Mar
Slide 7: Historical High-Grade Production
7 ROX RESOURCES LIMITED 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
Slide 8: Youanmi South Area Discovery – Paddy's Lode
8 ROX RESOURCES LIMITED Youanmi South Area 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 drilli
Slide 9: Midway – An Emerging Discovery
9 ROX RESOURCES LIMITED Midway – An Emerging Discovery Midway Discovery • Newly defined exploration corridor that is located within 300m of the hanging-wall of the Youanmi Main Lode • Open in all directions • Recent results: o RXDD047: 2.86m @ 22.03 g/t Au from 356.39m and; o RXDD047: 3.73m @ 10.25
Slide 10: IP Survey Results
10 ROX RESOURCES LIMITED IP Survey Results L1060N L1400N L1200N L1600N IP Survey Results • Induced polarisation (IP) geophysical survey defines multiple bedrock targets within close proximity to the Youanmi deposit: 1. Target 1 – Bunker North 3. Target 3 and 4 – Paddy’s Lode 2. Target 2 – Youanmi Gr
Slide 11: Link High-Grade Drilling Results
11 ROX RESOURCES LIMITED 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
Slide 12: Youanmi Underground
12 ROX RESOURCES LIMITED Youanmi Underground Youanmi Underground Overview • Refers to the underground lodes mined by Gold Mines of Australia Limited during the 1990’s. Above this lies the pre- 1942 underground workings that contain remnant pillars left for structural support • Shear zone hosted, sul
Slide 13: Building Resource Confidence – Near Mine Exploration
13 ROX RESOURCES LIMITED 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 Resource Tonnes Au Grade Au Meta
Slide 14: Potential Upside to Scoping Study
14 ROX RESOURCES LIMITED Potential Upside to Scoping Study Scoping Study Key Metrics Potential Upside – Resource Stope Optimisation Total Material Processed 3.9Mt @ 5.0g/t Au Annual Payable Metal 71koz pa Plant Throughput 480ktpa Processing Plant Layout All-In Sustaining Cost $1,538/oz Pre-Productio
Slide 15: Regional Tenure
15 ROX RESOURCES LIMITED Regional Tenure Background • Following the Youanmi Gold Project consolidation Rox now has 90% - 100% of the gold interests in the regional exploration tenures • Previously poorly explored due to fractured ownership history • Tenure holding equates to 643km2 and >60km of stri
Slide 16: Regional Exploration Growth Strategy
16 ROX RESOURCES LIMITED Regional Exploration Growth Strategy Rox’s Project Pipeline Target Prospect Prospect Resource Mining Generation Definition Testing Definition Feasibility Youanmi Near Mine Grace Bunker North Midway Youanmi Granite Plant Zone Youanmi Youanmi Far Paddy’s Lode South Commonwealt
Slide 17: Penny North Project Area
17 ROX RESOURCES LIMITED Penny North Project Area Penny North Project Area • 15km stretch of the Youanmi Shear Zone directly north of the Penny West deposit • A structurally complex area with gold mineralisation associated with NW & NE trending splay structures off the regional Youanmi Shear • Signi
Slide 18: Greenfields Exploration
18 ROX RESOURCES LIMITED Greenfields Exploration Linda Gossan Target Area 1 Aircore Results • Significant intersect: 9m @ 15.6g/t Au from the surface in drill hole VMC054 • Geologically map the area to improve the structurally understanding of the prospect area prior to targeted drill testing Hope •
Slide 19: Mt Fisher – Mt Eureka Project (Non-Core Asset)
19 ROX RESOURCES LIMITED Mt Fisher – Mt Eureka Project (Non-Core Asset) Project Overview • 1,150km2 ground position in one of the least explored greenstone belts in the prolific Yilgarn Craton • Located immediately along strike of Cannon Resources’ nickel deposits (134kt of Ni at 1.8% Ni) with the h
Slide 20: Next Steps
20 ROX RESOURCES LIMITED Next Steps Resource Development and Exploration Drilling Programme Update • Review and interpret drilling results at Paddy’s Lode and Midway • Review geophysical survey (IP) results at near mine areas to identify potential high grade, dilatational zones • Review and update m
Slide 21: THANK YOU
21 ROX RESOURCES LIMITED THANK YOU Level 2, 87 Colin Street, West Perth, WA 6005 (08) 9226 0044 admin@roxresources.com.au www.roxresources.com.au