Financial Wire

Rox Resources Identifies High-Grade Gold Mineralization at Western Australia Project

-- Rox Resources (ASX:RXL) said it identified high-grade gold mineralization during a recent drilling at its Youanmi Gold Project in Western Australia, according to a Tuesday Australian bourse filing.

The results were up to 5 meters at 14.2 grams per tonne gold from 120 meters and 15 meters at 3.6 grams per tonne gold from 173 meters.

The company said infill drilling at the United North deposit has identified additional high-grade ounces outside of the definitive feasibility study mine plan, with underground mining at the deposit progressing to plan with over 1,200 meters completed to date.

Next steps include detailed mine planning and scheduling, and a review and award of contracts for further long lead items, the filing added.

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