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Rox Resources Limited ( (AU:RXL) ) has issued an announcement.
Rox Resources Limited has completed a detailed regional aeromagnetic survey and appointed Dr. Melanie Finch to enhance the structural understanding of its Youanmi Gold Project. The survey aims to provide a comprehensive dataset for regional target generation and improve structural controls on mineralization, while Dr. Finch’s expertise will guide future exploration activities, potentially increasing the company’s resource base and advancing its Definitive Feasibility Study.
The most recent analyst rating on (AU:RXL) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Rox Resources Limited stock, see the AU:RXL Stock Forecast page.
More about Rox Resources Limited
Rox Resources Limited is a West Australian gold exploration and development company focused on the Youanmi Gold Project. The company is engaged in exploring and developing high-grade gold resources in Australia, with a particular emphasis on enhancing its understanding of the Youanmi system to unlock further value.
Average Trading Volume: 1,707,349
Current Market Cap: A$344.1M
For a thorough assessment of RXL stock, go to TipRanks’ Stock Analysis page.