Rox Resources Limited announced recent completion of the Youanmi Gold Project Scoping Study, Alex Passmore has decided to step down as the Company's Managing Director. Mr. Passmore and the Board believe now is the logical time for a leadership transition as the Company commences its Pre-feasibility study to evaluate the restart of the Youanmi Gold Mine, and continue its endeavours to unlock the value of the highly-prospective Mt Fisher Gold Project. Rox's Non-Executive Director, Mr. Robert Ryan has been appointed as the Company's Chief Executive Officer.

Ryan is a mining engineer with more than 20 years of experience in the resource sector, including exploration, resource development, feasibility studies, project development, mining operations and corporate mergers and acquisitions. Mr. Ryan has extensive experience in sulphide gold and concentrates, offtake agreements and feasibility studies, which the Board considers is the right skill set to lead the Company in its priority agenda of restarting the Youanmi Gold Mine. Ryan's appointment as Managing Director.

is effective 24 October 2022, with Passmore assisting with a transition of up to three months.