Drilling continues at Youanmi, with diamond and RC rigs operating at the OYG JV.
Highlights of this round of results are 8m @ 6.24g/t Au from 249m, including 3m @ 12.1g/t Au from 250m intersected in RXRC412, 0.5m @ 77.49g/t Au from 277.8m and 0.75m @ 19.66g/t Au from 270.9m intersected in RXDD030 and 1m @ 11.05g/t Au from 389m intersected in RXDD019. (Table 1, Figure 1*).
Rox Managing Director
RXDD019 extends a zone of high-grade mineralisation more than 200m from the current resource and highlights the extensive down-plunge continuity of high-grade ore zones. RXDD021 indicates that the mineralised structure continues down-plunge with drilling around this zone likely to see increases in gram metre results.
RXRC412 and RXDD030 were successfully targeted to expand the high-grade resource envelope to the north and down plunge.
Resource Growth at Link Prospect
Drilling is focussed on growing the recently reported resource inventory at Youanmi [1.7Moz at 2.85g/t Au (ASX RXL
The results reported in this announcement demonstrate continuity of high-grade mineralisation at Link prospect for further increases to the Youanmi mineral resource (Figure 1*).
The results include:
- RXRC412: 8m @ 6.24g/t Au from 249m, including 3m @ 12.1g/t Au from 250m.
- RXDD030: 0.5m @ 77.49g/t Au from 277.8m and 0.75m @ 19.66g/t Au from 270.9m
- RXDD019: 1m @ 11.05g/t Au from 389m
- RXDD021: 0.7m @ 11.06g/t Au from 289.35m
The intersection in RXRC412 of 8m @ 6.24g/t Au from 249m, including 3m @ 12.1g/t Au from 250m is approximately 80m northwest along strike of previously reported diamond hole RXDD018: 6.8m @ 11.98g/t Au from 264m, including 2m @ 37.65g/t Au from 269m and 4.9m @ 6.51g/t Au from 250m (ASX RXL
Mineralisation at Link continues to remain open down plunge to the northwest and up dip to the southeast. The identification of high-grade mineralisation in extensional drilling continues to demonstrate the potential for further resource growth.
Results are pending for 22 RC and 17 diamond holes. Drilling is ongoing.
Regional Aircore Drilling
A total 424 holes for 22,337m of aircore drilling was completed during August and September on Youanmi Regional Joint Venture tenements (Rox 50% and Manager, VMC 50%). This first phase of drilling was designed to test interpreted west-northwest trending secondary structures in the corridor between the Youanmi and the Penny West gold deposits. Targets included numerous demagnetised zones and untested helicopter-borne time-domain electromagnetic conductors over an 18km strike continuation of the
Assays remain pending for all holes.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/X588U1X2
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