Rox Resources Ltd · ASX:RXL
Rox Resources — Non-Deal Roadshow (November 2023)
24 slides from Rox Resources's roadshow presentation, November 2023
Slide 1: Investor Presentation
1 ROX RESOURCES LIMITED Exploring and Developing the Youanmi Gold Project INVESTOR PRESENTATION ASX: RXL Robert Ryan | Managing Director November 2023 www.roxresources.com.au
Slide 2: Important Information and Disclaimer
2 ROX RESOURCES LIMITED Important Information and Disclaimer Forward-Looking Statements Competent Person Statements This presentation has been prepared by Rox Resources Limited (Rox or the Company) and is dated 29 Exploration Results August 2023. This presentation contains background information abo
Slide 3: Building Rox's Value
3 ROX RESOURCES LIMITED Building Rox’s Value Simple Ownership Significant Upside High-Grade Production Target Ongoing Exploration • 100% ownership of the • New discoveries in near- • High-grade production • Accelerate drilling at Youanmi Gold Project mine areas such as target, + 5g/t advanced target
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: Consolidation of the Youanmi Gold Belt
6 ROX RESOURCES LIMITED Consolidation of the Youanmi Gold Belt • Rox has acquired 100% interest in the OYG and 90% to 100% gold interests in the regional tenure • Highly strategic consolidation of 697km2 and >60km of strike of the prospective Youanmi Shear Zone • The belt is demonstrated to be host
Slide 7: Corporate Information
7 ROX RESOURCES LIMITED Corporate Capital Structure Current Pro-Forma1 Information Shares on Issue 360.0m 369.4m1 Share Price (at 9/11/2023) $0.21 $0.21 Market Capitalisation (at 9/11/2023) A$75.6m A$77.6m Rox Resources Limited (ASX: RXL) is a West Australian Unlisted Options 15.8m 15.8m focused gol
Slide 8: Building Resource Confidence – Near Mine Exploration
8 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 Metal
Slide 9: Link High-Grade Drilling Results
9 ROX RESOURCES LIMITED Link High-Grade Drilling Results Resource Development Drilling • Drilling at Link intersecting thick, high-grade mineralisation with several standout intercepts: o RXDD058: 6.53m @ 10.31g/t Au o RXDD059: 8.25m @ 8.54g/t Au o RXDD076: 4.26m @ 9.67g/t Au o RXDD088: 24.43m @ 12.
Slide 10: Youanmi Underground
10 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 11: Potential Upside to Scoping Study
11 ROX RESOURCES LIMITED Potential Upside to Scoping Study Scoping Study (October 2022) Key Metrics (at A$2,450/oz) 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 Sustaini
Slide 12: High Quality Low Arsenic Gold Concentrate
12 ROX RESOURCES LIMITED High Quality Low Arsenic Gold Concentrate Metallurgical 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 conventiona
Slide 13: Gold Concentrate Market
13 ROX RESOURCES LIMITED Gold Concentrate Market Gold Concentrate as a % of Gold Production Gold Concentrate Forecast (%) (Tonnes) 550 500 450 400 350 300 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
Slide 14: Exploration Growth Strategy
14 ROX RESOURCES LIMITED 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 Commonwealth Pincher
Slide 15: Regional Advanced Projects
15 ROX RESOURCES LIMITED Regional Advanced Projects Currans Find Gold Project • Project area is located approximately 20km south of the Youanmi mine site. • Three distinct zones of high-grade mineralisation that have been identified through historical mining, AC and RC drilling including: Currans No
Slide 16: Regional Advanced Projects
16 ROX RESOURCES LIMITED Regional Advanced Projects Currans Find Gold Project – RC Programme Results • A new, near surface, mineralised trend discovered in the Curran Find Project area: o RXRC525: 6m @ 5.22g/t Au from 29m • Highlight RC drill results from the regional exploration program include: o
Slide 17: Youanmi South Area Discovery – Paddy's Lode
17 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 drill
Slide 18: Midway – An Emerging Discovery
18 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 19: Near Mine - IP Survey Follow Up
19 ROX RESOURCES LIMITED Near Mine - IP Survey Follow Up 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
Slide 20: Prospect Definition
20 ROX RESOURCES LIMITED Prospect Definition Linda Gossan • Significant intersect: 9m @ 15.6g/t Au from the surface in drill hole VMC054. • Geological mapping of the area is being completed to improve the structural understanding of the prospect area. • RC follow up drilling will test the surface st
Slide 21: Greenfields Exploration
21 ROX RESOURCES LIMITED Greenfields Exploration Hope Yuinmery Penny South Magnetic / Soil Anomaly • Anomalous gold identified through historic • Historic RAB drilling, soil and rock chip sampling • 2023 soil sampling along the Youanmi Shear drilling along the northern extent of the Youanmi show ano
Slide 22: Mt Fisher – Mt Eureka Project (Non-Core Asset)
22 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 23: Next Steps
23 ROX RESOURCES LIMITED Next Steps Regional Exploration Activities Near-mine Exploration Activities Ongoing Feasibility Work • Accelerate follow-up drilling at • Proceed with follow-up drilling at • To complete an updated Mineral advanced targets at Penny North near-mine exploration target Resource
Slide 24: Thank You
24 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