Multiple Target Follow-up In 2200m Programme
Rox Resources Limited (ASX: RXL) and JV partner Venus Metals Corporation Limited have kicked off reverse circulation (RC) drilling at the Youanmi North, Sovereign and Taylor’s Reef Prospects within the Youanmi Project area in Western Australia
The Youanmi North Gold Prospect is located at the granite-greenstone contact along the Youanmi Shear Zone north of the Youanmi Gold Mine. A recent detailed ground magnetic survey identified structural targets along the granite-greenstone contact.
Two of these targets are broadly associated with anomalous gold intersections in historical drill holes with a north- trending gold anomaly in historical soil data that extends into granite terrain.
The recent discovery of high-grade gold mineralisation in granite at the Grace prospect, some 7km to the south-southwest makes the geochemical trend and associated structures at Youanmi North a compelling drill target.
At the Sovereign Prospect RC drilling follows up on previous AC and RC high-grade gold results exploring for potential extensions of high-grade gold mineralisation down dip, and along a newly defined northeast target trend similar to the orientation of high-grade gold reefs at the Currans North and Red White and Blue Prospects.
Meanwhile, at the Taylor’s Reef Prospect, RC drilling is testimg the down-dip and along-strike extensions of high- grade gold mineralisation discovered in previous AC and RC drilling. The current RC programme totalling approximately 2200m, is expected to be completed in 10-12 days with results expected in a few weeks.
