PRECIOUS METALS

Rox sees 'strong potential' for Youanmi gold resource increases

Further assays pending and drilling ongoing

This article is 4 years old. Images might not display.

Results from the 70:30 joint venture with Venus Metals Corp included 17m grading 5.14 grams per tonne gold from the Link prospect, an area previously modelled as low-grade.

Further assays from diamond core and RC drilling are pending.

Drilling is ongoing.

The resource at Youanmi currently stands at 1.7 million ounces from mineralisation grading an average of 2.85gpt.

Feasibility work is underway.

Rox started the current quarter with cash and receivables totalling A$15 million.

Shares in Rox were up 6% to 42.5c, capitalising company at $67 million.

Shares in Venus were unchanged at 17.5c, capitalising it at $26 million.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

Investor Sentiment Insights 2026

Discover what investors have planned for mining in 2026 in our industry-leading survey

editions

World Risk Insights 2025 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 120 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.