The high grade hits at Youanmi Gold Project continues with the release of drilling results from Paddy`s Lode and Midway.
Results from Midway near mine exploration included:
RXDD073: 0.54m @ 16.17g/t Au from 290.65m
RXDD074: 7.00m @ 5.95g/t Au from 87.00m
RXDD085: 1.37m @ 21.89g/t Au from 354.69m
RXRC462: 2.00m @ 7.93g/t Au from 142.00m
While Paddy`s Lode delivered from testing of the potential supergene mineralisation and up-dip extensions at the discovery with:
RXRC481: 16.00m @ 1.38g/t Au from 56.00m
RXRC483: 4.00m @ 5.33g/t from 202m
Managing Director Robert Ryan said
“Results from the near-mine discovery at Midway also continue to impress with high-grade results returned at excellent underground mining widths. The high-grade zone at Midway has been intersected over a 150m strike and 200m vertical extent and is still open along strike and down plunge.
Meanwhile RC drilling at Paddy’s Lode targeting the potential for shallow high-grade material up-dip of the discovery holes has returned a broad zone of lower grade mineralisation close to the east-west offsetting fault.”
Rox also delivered a prospectus to the market this morning as well as announcing the conditions precedent to the Youanmi transaction between Rox and Venus Metals had been met.