Rox Resources Ltd · ASX:RXL
Rox Resources — Investor Presentation (November 2022)
19 slides from Rox Resources's investor presentation, November 2022
Slide 1: Investor Presentation
ASX : RXL Investor Presentation Developing the High-Grade, High November 2022 Margin Youanmi Robert Ryan | Managing Director Gold 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: Rox Resources Offers Significant Value
Rox Resources Offers Significant Value High Quality • High-grade, low arsenic, gold concentrate from Youanmi Gold Project Concentrate with attractive financial results and low capital requirement Significant • Only 20% of mineral resource included in the Scoping Study Upside • Ongoing exploration in
Slide 4: Corporate Information
Corporate Shareholders Hawke’s Point1 Board and Management Information Directors & Stephen Dennis Chairman 12% Management 1% Robert Ryan Managing Director John Mair Non-Executive Director Rox Resources Limited (ASX: RXL) is a West Australian focused gold exploration and development Company. It is Ch
Slide 5: Project Location
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) Located in the central part of the Youanmi Greenstone Meekatharra Mt Fisher – Mt Eureka (0.2Moz) Meekatharra Gold Belt
Slide 6: 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 7: ~4Moz Gold Endowment & Growing
~4Moz Gold Endowment & Growing Main Pit Bunker Midway1 Hill End 4m @ 45.5g/t Au 0.78m @ 32.98g/t Au United North 3.87m @ 9.9g/t Au Kathleen 3.62m @ 6.49g/t Au Kurrajong / Rebel Exploration Programme • Total resource currently at 27.9Mt at 3.57g/t Au for 3.2Moz Au contained gold 1 • Historical produc
Slide 8: Youanmi Project Generates High Quality Outcomes at a Low Capital Cost
Youanmi Project Generates High Quality Outcomes at a Low Capital Cost Total Material LOM Payable Metal Plant Processed 569koz over 8 years Throughput 3.9Mt @ 5.0g/t Au from 3.2Moz resource 480ktpa Mining Physicals Annual Payable Metal C1 Cash Cost1 AISC2 71koz pa $1,358/oz $1,538/oz Pre-Production C
Slide 9: Low Capital Requirement
Low Capital Requirement Pre-Production Capital 1 100% RXL (70%) Attractive Value Proposition Site Infrastructure $m 6 5 $303m Processing Facilities $m 66 46 Water Management $m 6 4 Underground Development $m 19 12 $212m 3.1x Open Pit $m 2 2 Total Pre-Production $m 99 69 $182m Value Gap 7.1x Sustaini
Slide 10: Gold Concentrate Production
Gold Concentrate Production The Company has considered various options to develop the Project including producing only concentrates, building an Albion Process plant to produce bullion on site, or various combinations. It has determined that a combination of gold-in-concentrate and carbon-in-leach b
Slide 11: 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 & recent testwork shows consistent concentrate production of >40g/t gold in concentrate with ~2% As 1 • 1.0Moz Au Near Surface Resource (surface
Slide 12: 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 13: Australian Current and Potential Gold Concentrate Producers
Australian Current and Potential Gold Concentrate Producers Current and Future Gold Concentrate Producers 1. Silver Lake Resource (ASX: SLR) – Mt Carlton Mine (Navarre Minerals) Deflector Mine 2. Navarre Minerals (ASX: NML) – Youanmi Gold Project Mt Carlton Mine (Rox Resources) Deflector Mine 3. Man
Slide 14: EV / Attributable Measured & Indicated Resource ounces
Comparable Gold Companies EV / Attributable Measured & Indicated Resource Ounces vs Grade for Comparable Gold Companies1 (Bubble size represents attributable measured & indicated resource ounces) $400 EV / Attributable Measured & Indicated Resource ounces GMD Average = $292/oz $350 MGV $300 $250 AME
Slide 15: Project Potential – Resource Stope Optimisation
Project Potential – Resource Stope Optimisation Significant potential upside is not captured in the Scoping Study as only 20% of the Youanmi Global Mineral Resource is included in the Scoping Study production target and resource remains open down dip and along strike Potential Upside – Resource Stop
Slide 16: 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 17: Rox Resources Offers Significant Value
Rox Resources Offers Significant Value Developing the High-Grade, High High Quality • Significant global demand for the high-grade, low Concentrate arsenic, Youanmi gold concentrate • Attractive financial results and low capital requirement Margin Youanmi Gold Project Significant • Only 20% of miner
Slide 18: Appendix 1 - Comparable Gold Companies
Appendix 1 - Comparable Gold Companies Companies selected are considered comparable to Rox Resources as they are in exploration and/or study phase Measured Resources - 100% Indicated Resources - 100% Inferred Resources - 100% Total Resources - 100% Attributable Development Tonnage Grade Contained To
Slide 19: Thank You
ASX : RXL Thank You Rox Resources Limited T: (08) 9226 0044 Follow Rox: Level 2, 87 Colin Street, West Perth, WA 6005 E: admin@roxresources.com.au W: www.roxresources.com.au
Rox Resources — Investor Presentation (November 2022) on 6ix