Rox Resources Limited (AU:RXL) has released an update.
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Rox Resources Limited has reported promising results from its latest drilling program at the Youanmi Gold Project in Western Australia, revealing high-grade gold intersections. The company’s strategic efforts focus on converting inferred resources to indicated status, with recent assays indicating potential for expanding the resource corridor. This progress is significant for stakeholders as it supports the upcoming Definitive Feasibility Study and could enhance the project’s valuation.
For further insights into AU:RXL stock, check out TipRanks’ Stock Analysis page.