Investor Presentation

April 2022

Alex Passmore | Managing Director

Forward-Looking Statements

This presentation has been prepared by Rox Resources Limited. This document contains background information about Rox Resources Limited current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation.

This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction.

This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction.

This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include, amongst others, the risk of adverse or unanticipated market, financial or political developments.

To the fullest extent permitted by law, Rox Resources Limited, its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted.

This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Rox Resources Limited. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forward looking statements in this presentation speak only at the date of issue of this presentation. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Rox Resources Limited does not undertake any obligation to update or revise any information or any of the forward looking statements in this presentation or any changes in events, conditions or circumstances on which any such forward looking statement is based.

Competent Person Statements

Exploration Results

The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX.

Resource Statements

The Statement of Estimates of Mineral Resources for the Youanmi Near Surface Resource was reported by Rox in accordance with ASX Listing Rule 5.8 in the announcement released to the ASX on 20th April 2022. Rox confirms it is not aware of any new information or data that materially affects the information included in the previous announcements and that all material assumptions and technical parameters underpinning the estimates in the previous announcements continue to apply and have not materially changed.

The Statement of Estimates of Mineral Resources for the Youanmi Underground Resource was reported by Rox in accordance with ASX Listing Rule 5.8 in the announcement released to the ASX on 20th January 2022. Rox confirms it is not aware of any new information or data that materially affects the information included in the previous announcements and that all material assumptions and technical parameters underpinning the estimates in the previous announcements continue to apply and have not materially changed.

The Statement of Estimates of Mineral Resources that relates to gold Mineral Resources for the Mt Fisher project was reported by Rox in accordance with ASX Listing Rule 5.8 in the announcement released to the ASX on 11th July 2018. Rox confirms it is not aware of any new information or data that materially affects the information included in the previous announcements and that all material assumptions and technical parameters underpinning the estimates in the previous announcements continue to apply and have not materially changed.

Investment Highlights

  • • Quality high grade resource reported at flagship project, Youanmi (3.2Moz at 3.57 g/t Au) (1)

    • ▪ Including high grade underground component of 2.2Moz at 6.9g/t Au

    • ▪ Resource remains open along strike and down dip with further growth likely

    • ▪ 41% of resource currently in indicated category (April 2022)

    • ▪ Resource / Reserve definition drilling inferred -> indicated (ongoing)

  • • Albion process preferred method for sulphide ore bodies at Youanmi (92.2% average gold extraction for underground)(2)

  • • Feasibility studies continuing into development of Youanmi gold project

  • • Mt Fisher - Mt Eureka Project, renewed focus on exploration with VMS prospectivity identified

  • • Attractive entry price ($29 per attributable resource ounce)

Notes:

(1) Refer ASX announcement 20 April 2022 : (2) Refer ASX announcement 23 December 2021

"Applying modern exploration and mining technologies to historic assets and data to grow existing resources and return to production."

2020 - 2021

Exploration - Youanmi Near Mine Exploration - Youanmi Regional Exploration - Mt Fisher/Mt Eureka Existing data studies

Build Rox capacity

2021 - 2022

Commence studies and progress options for restart

Investigate early cash flow opportunities

Ongoing exploration

2022 - +

Progress studies

Final Investment DecisionFunding Execution

Ongoing exploration

About Rox Resources

Rox Resources Limited (ASX:RXL) is a West Australian focused gold exploration and development Company. It is the 70% owner and operator of the historic Youanmi Gold Project near Mt Magnet, approximately 480 kilometres northeast of Perth, and wholly owns the Mt Fisher Gold Project approximately 140 kilometres southwest of Wiluna.

Capital Structure ASX Code

RXL

Shares on Issue 168.9M

Share Price (as at 19 Apr 2022) $0.43

Unlisted Options 20.6M

Market Capitalisation $72.6M

Cash (as at 31 Mar 2022) $6.9M

Debt

Nil

$0.00

Apr 19

Aug 19

Dec 19

Apr 20

Aug 20

Dec 20

Apr 21

Aug 21

Dec 21

Apr 22

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Rox Resources Limited published this content on 20 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2022 00:24:07 UTC.