The Youanmi Project Mineral Resource Estimate of 12.4Mt at 2.97g/t Au for 1.2Moz of gold can be categorised into a near surface portion of 10Mt at 1.65g/t Au for 532,000 ounces of gold and the Youanmi deeps of 2.4Mt at 8.5 g/t Au for 658,000 ounces of gold (sulphide).
There is significant scope to increase both free milling and sulphide resources with further drilling.
RC Drilling
During the quarter 22 Reverse Circulation (RC) holes for 5,062m were completed at the OYG JV focussed on Grace, Link and Junction areas. At the date of this announcement assays for 12 holes remain outstanding. Drilling was focussed on near-mine targets and areas of known mineralisation in proximity to existing resources.
Grace mineralisation is hosted within strongly sheared, fractured and altered granite within a broad mineralised corridor trending NNW. This structural corridor within the Youanmi granite, and its orientation, had not been recognised at Youanmi by previous explorers and miners The Link Target is the area beneath the historically mined northern pits (United/Rebel/ Kathleen/ Kurrajong). Rox's exploration model shows this area is directly down plunge of high-grade shoots mined in the northern pits and underground Hill End Deeps mine. Little to no previous drilling has been completed in this area.
The Junction Target area is the interpreted convergence zone, at depth, between the historically mined Main Lode and the recently-discovered
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