Rox Resources and Venus Metals report exceptional results from Youanmi drilling (Seite 4)

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ISIN: AU000000RXL6 | WKN: A0B9S5 | Symbol: RR3
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23.06.20 09:59:05
Youanmi (Grace) Shallow Drilling Delivers More High Grades

Shallow infill drilling returns more high gold grades:
• RXRC266: 4m @ 88.81g/t Au from 27m (Grace)
o Including: 2m @ 176.03g/t Au from 28m..........

mit unfassbarem vol. von 350mios wird diese TOP- news vom markt aufgenommen.....und
endet mit nem SK von...................aud 0,073

Rox Resources | 0,042 €
3 Antworten
23.06.20 10:30:12
Antwort auf Beitrag Nr.: 64.138.927 von hbg55 am 23.06.20 09:59:05
Rox Resources share price soars 18% after reporting further high-grade gold
.....DAZU auch mal nachfolg. artikel..........

The Rox Resources Limited (ASX: RXL) share price is soaring today after the small-cap ASX miner reported more high gold grades at Youanmi.

At the time of writing, Rox Resources shares have jumped 17.74% to 7.3 cents after rallying as much as 29.03% in morning trade.

Rox Resources is an emerging Australian minerals exploration company, with advanced gold and nickel projects in Australia.

The company owns a 70% interest in the Youanmi Gold Mine, and wholly-owns the Mt Fisher Gold Project, Fisher East Nickel Project and Colluabbie Nickel Project, all located in Western Australia.

Why is the Rox Resources share price spiking?
This morning, Rox Resources reported further high-grade gold results from the drilling program underway at the Grace prospect at Youanmi.

Rox stated that shallow infill drilling has returned more high gold grades, including:

4 metres at 88.81 grams per tonne (g/t) gold from 27 metres, including:
2 metres at 176.03 g/t gold from 28 metres;
11 metres at 18.75 g/t gold from 8 metres, including:
3 metres at 61.27 g/t gold from 10 metres; and
9 metres at 9.28 g/t gold from 9 metres, including:
2 metres at 33.53 g/t gold from 11 metres.
These results relate to reverse circulation drilling designed to tighten drill spacing on the shallow high-grade part of the emerging Grace prospect to facilitate resource estimation.

Commenting on the results, managing director Alex Passmore said:

“These strong infill results are extremely encouraging and endorse our interpretation for Grace. The results, along with outstanding RC assays, will be complemented by upcoming diamond drilling to facilitate a maiden resource estimate, which we are aiming to have completed later this year.”........…

Rox Resources | 0,042 €
25.06.20 08:05:01
Antwort auf Beitrag Nr.: 64.138.927 von hbg55 am 23.06.20 09:59:05....und auch mal ein int. eines geschätzten HC- users.........

So Roxy has the fabulous very high grade shallow Grace resource to power near term mining and a cash flow. Then the deeper mineralisation at even higher grades and visible gold suggesting super grades with exploration underway and some results pending. Is Grace North yet another very high grade deeper resource or part of a huge extension of high grade from Grace. Then we have the existing resource with a JORC of around 1.2m oz au of which 657,000 oz is high grade 8.5 g/t.

The value of that resource alone is double SPXs Penny North North stolen for lousy $230m (final bid).

Then we have the lower grade but very valuable resources like the Plant Zone that will be processed in the stage 3 large plant that AP has talked about. And apart from all that we have the regional targets such as Penny West Deep South which could easily be another major find such as the historical Penny West with the grades of more than 300g/t.

It goes on and on. Rox worth 50 cents a share? Yes!!!!

SK heute, nach TH 9.8ct, bei über 200mio vol................aud 0,09

Rox Resources | 0,049 €
01.07.20 12:38:58
Rox Resources | 0,049 €
1 Antwort
02.07.20 16:19:11
Antwort auf Beitrag Nr.: 64.250.851 von MONSIEURCB am 01.07.20 12:38:58
FREU - doch noch jemand ausser mir dabei, wenngleich ich ob der jüngsten rally
mich inzwischen nur noch über die hälfte des ursprüngl. bestandes erfreuen kann ;)

Rox Resources | 0,047 €
02.07.20 16:36:54
Tja, ich war zwischendurch auch schon mal komplett raus,
bin seit gestern aber wieder mit von der Partie ... stelle gerade
mein gesamtes Portfolio um, bevorzugt Explorer/Developer
mit hohen Vorkommen, hohen Graden und hohen Cash-Beständen .. ;-))
Rox Resources | 0,048 €
1 Antwort
02.07.20 17:24:02
War auch schon raus und bin gestern wieder rein.
Sind wir schon 3... 😅
Rox Resources | 0,048 €
02.07.20 18:19:51
Antwort auf Beitrag Nr.: 64.270.531 von MONSIEURCB am 02.07.20 16:36:54
.....zum glück gibts von DENEN ja grad einige............nebst RXL

dann mal VIEL erfolg bei umschichtung

Rox Resources | 0,048 €
08.07.20 13:20:42
Dieser Beitrag wurde von CommunityAssistance moderiert. Grund: Bitte zum Threadthema zurückkehren
24.07.20 19:49:12…
...da hier ja auch Nickel ein Thema ist.

Rox Resources | 0,042 €

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Rox Resources and Venus Metals report exceptional results from Youanmi drilling