Rox Resources Ltd · ASX:RXL
Rox Resources — Corporate Update (October 2021)
19 slides from Rox Resources's corporate update, Oct 26, 2021
Slide 1: Mt Fisher - Mt Eureka Project Update
Mt Fisher - Mt Eureka Project Update “850km2 ground position in one of the least explored greenstone belts in the prolific Yilgarn Craton” 26 October 2021 ASX:RXL 1
Slide 2: Disclaimers
Disclaimers 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 presentation is in summary form
Slide 3: Highlights
Highlights 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 mineralisation VMS prospectivity identified through extensive project review Immediate work programs Aircore drilling, RC d
Slide 4: Project Location - Yilgarn Craton
Project Location - Yilgarn Craton • Mt Fisher - Mt Eureka Project is located in the Eastern Goldfields Superterrane of the Yilgarn Craton • Yilgarn Craton is one of the World’s great gold provinces • The project’s landholding is 850km2 in one of the least explored greenstone belts in the prolific Yi
Slide 5: Overview
Overview • The greenstone belt hosts extensive orogenic gold mineralisation • More recently the belt has been recognised as showing potential for VMS Cu-Zn style deposits. Zones of strong multielement geochemical anomalism in regolith (including Au, Cu and Zn) were identified in several areas throug
Slide 6: Planned Work Programs
Planned Work Programs Key Objectives 1. Test drill ready targets: Demonstrate potential for know gold occurrences to host significant Au deposits a depth 2. Systematic exploration: Aircore drilling over new target areas (growth fault, untested VTEM targets) 3. Target generation: Build the project pi
Slide 7: Eureka Regional Setting
Mt Fisher - Eureka Regional Setting • Major orogenic Au deposits occur proximal to crustal scale faults in settings where there has been favorable mineralising fluid migration and a gold Mt Fisher Project deposition mechanism NST – Jundee Gold Mine • The Mt Fisher-Mt Eureka project area straddles th
Slide 8: Exploration - AC Drilling
Mt Fisher Exploration - AC Drilling • Reconnaissance aircore drilling of 160 holes for 7,000m has commenced to test the intersection of a regional scale NE trending growth fault with favorable NNW trending stratigraphy • The fault is interpreted as a possible feeder conduit, syngenetic with Au and V
Slide 9: Mine
Mt Fisher - Mine • Past production of 30,000 ounces of gold at 4.3 g/t Au (1) PMF056: 9m @ 34.3g/t Au • Existing resource of 230kt @ 3.6g/t Au for 26,000oz (1) PMF362: 8m @ 14.7g/t Au PMF061: 13m @ 4.4g/t Au • Gold mineralisation at the Mt Fisher Mine is strata bound, being PMF077: 7m @ 5.1g/t Au co
Slide 10: Wagtail Prospect
Mt Fisher - Wagtail Prospect • The Wagtail prospect (also known as Moray Reef) is a typical Archaean narrow vein quartz hosted gold reef system • Historic production from the deposit between 1949 and 1952 produced a reported 2,384 ounces at an average grade of 66 MTFC020 : 2m @ 32.7g/t Au MTFC009 :
Slide 11: Damsel Prospect
Mt Fisher - Damsel Prospect • Existing resource of 770kt @ 2.2g/t Au for 55,400oz (1) • Most drilled in oxide with minimal bedrock testing carried out along the Dam-Damsel-Dirk corridor DDC8: 8m @ 3.2g/t Au MFRC010: 9m @ 4.4g/t Au MFAD153: 1m @ 45.6g/t Au • Primary gold mineralisation strikes north-
Slide 12: Dam South Prospect
Mt Fisher - Dam South Prospect • Dam is defined by a ~2.5km gold in regolith anomaly • Mostly drilled in oxide with minimal bedrock testing carried out • Historical drilling at depth has mostly focused drilling directly beneath the regolith anomaly DDC3: 4m @ 2.7g/t Au • Overall primary plunge of th
Slide 13: Shiva Prospect
Mt Fisher - Shiva Prospect • The Shiva Prospect is located to the south and generally along strike of 8km south the Dam-Damsel-Dirk prospects • The gold in regolith anomaly has a broad strike length of over 1 km and overlies a complex zone of mafic extrusive MFA151: 2m @ 3.9g/t Au MFRC056: 4m @ 2.7g
Slide 14: Mt Eureka Exploration
Mt Eureka Exploration • The Mt Eureka gold prospects are characterised by an anomalous gold zone of 15km of strike extent. The project area is host to multiple high-grade gold occurrences including; Southern-Galway, Grafs Find, Taipan and Eureka North-West for further exploration. • Drilling has bee
Slide 15: Mt Eureka Exploration - RC Drilling
Mt Eureka Exploration - RC Drilling • Gold mineralisation is related to quartz veining and shearing in mafics associated with the granite- greenstone contact • Primary gold mineralisation strikes north-northeast, dips YRB175: 3m @ 3.9g/t Au east and plunges moderately south • Deeper drill testing al
Slide 16: Mt Eureka - Red Bluff VMS
Mt Eureka - Red Bluff VMS • The norther section of the Mt Eureka area is characterised by a zone of repetitive sequences of thin UM hangingwall and sediment footwall • AC drilling by Rox identified strong VMS pathfinder multi- elements at Red Bluff (Cu, Zn, Sn and Tl) • Two main target horizons wher
Slide 17: High Resolution Aeromagnetic Survey
High Resolution Aeromagnetic Survey • 50m spaced AMAG survey to cover the western Mt Fisher tenements and the entire Mt Eureka package (shown in magenta hatching) • Existing AMAG coverage is of very low quality over survey areas - 200m line spacing • Designed to tie in with existing 50m coverage sur
Slide 18: Highlights / Recap
Highlights / Recap 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 mineralisation VMS prospectivity identified through extensive project review Immediate work programs Aircore drilli
Slide 19: ASX:RXL
ASX:RXL Rox Resources Limited Level 2, 87 Colin Street, West Perth, WA, 6005 T: (08) 9226 0044 E: admin@roxresources.com.au W: www.roxresources.com.au Follow Rox: 19