Advancing the Youanmi Gold Project

Mineral exploration listed company progressing studies into the redevelopment of the Youanmi Gold Project and exploring other assets in Western Australia.

Cannon Resources Limited to be listed on the ASX and commence trading on Thursday 12 August 2021.

Welcome to Rox Resources​

Rox Resources Limited (ASX: RXL) is a West Australian focused gold exploration and development Company with 2 projects: Youanmi Gold Project near Mt Magnet, approximately 480 kilometres northeast of Perth and Mt Fisher – Mt Eureka Project approximately 140 kilometres southeast of Wiluna.

The Company’s main focus is the development of the high-grade, high-margin Youanmi Gold Project that hosts a global mineral resource of 27.9Mt at 3.6g/t for 3.2Moz of gold. With a clear strategic and execution plan to production, Rox Resources offers significant values to its investors.

Building Rox’s Value

Simple Ownership

  • 100% ownership of the Youanmi Gold Project (including 90% – 100% gold rights in regional tenures)
  • Increased investor and capital markets appeal

Significant Upside

  • New discoveries in near-mine areas such as Paddy’s Lode and Midway
  • Regional areas opportunities (Linda Gossan, Sovereign and Currans Find)
  • Significant potential upside to the Scoping Study

High-Grade Production Target

  • High-grade production target, + 5g/t
  • High quality, low arsenic gold concentrate
  • Low capital expenditure pathway to market
  • Gold concentrate a proven commercialisation strategy

Ongoing Exploration

  • Follow up drilling to increase resource confidence
  • Improve understanding of mineralised structure at new discoveries
  • Renewed focus on regional tenures