EXPLORATION & DEVELOPMENT

Big gold resource increase for Rox and Venus at sector-significant Youanmi

SHARES in Rox Resources surged more than 30% after the gold explorer increased resources by 81% to 3 million ounces at its 70% owned Youanmi project near Mt Magnet in Western Australia.

 Rox's Alex-Passmore (on left) and Gregor Bennett at Youanmi, WA

Rox's Alex-Passmore (on left) and Gregor Bennett at Youanmi, WA

The current resource estimate totals 24.6 million tonnes grading 3.78 grams per tonne gold for 2.99Moz, with the increase coming from the "Deeps" where 9.9Mt at 6.89gpt for 2.19Moz has been estimated....

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