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Rox Resources Hits High-Grade Gold Below Youanmi Resource

Rox Resources reported high-grade gold below the existing United North resource at its Youanmi mine in Western Australia. Its first growth hole returned 4.87 metres grading 15.13 grams per tonne, outside the current resource. The company says this provides early evidence that mineralisation continues at depth.

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What happened

Rox Resources reported high-grade gold below the existing United North resource at its Youanmi mine in Western Australia. Its first growth hole returned 4.87 metres grading 15.13 grams per tonne, outside the current resource. The company says this provides early evidence that mineralisation continues at depth.

Confirmed

Global impact / market context

If more drilling confirms the deeper gold, Rox could add material to its resource and use it in mine planning. A larger or better-understood deposit could support development decisions and potentially help sustain the company’s targeted first gold production in mid-2027.

Analyst inference

This is an early exploration result, not a confirmed increase in the resource or a change to production plans. Infill drilling has separately supported continuity inside the current resource, while further growth drilling must establish whether mineralisation continues below it.

Confirmed

What to watch

  1. Results from the other completed growth holes could show whether gold mineralisation continues below United North, helping Rox decide where to drill and whether the target warrants further work. Analyst inference
  2. Rox identified subsequent step-out drilling below United North and toward Youanmi Main as a target; watch for plans and results that test the depth and direction of mineralisation. Proposed
  3. Watch for any resource estimate or mine-plan updates after further drilling: confirmed additional material could change development choices, capital spending, and the path toward planned first production. Analyst inference

Evidence