Rox Resources (RXL) investor relations material

Executive summary

• Final Investment Decision (FID) approved for the Youanmi Gold Project, transitioning from explorer to developer.

• Construction approval received for processing plant and infrastructure; long-lead items secured.

• Underground development at United North advanced by 726m in the quarter, with main pit dewatering 90% complete.

• Debt funding of A$350 million secured, fully funding the project through to production.

• Cash balance of $200.4 million as of 31 March 2026.

Financial highlights

• Cash outflows for the quarter: $1.2m exploration, $14.6m mine development, $1.8m admin, $15.5m property, plant & equipment.

• Net cash used in operating activities: $(16.2)m; investing activities: $(15.5)m.

• Cash and cash equivalents at quarter end: $200.4 million.

• Payments to related parties totaled $183k for director fees.

Outlook and guidance

• First gold pour targeted for mid-2027; pathway to production remains on track.

• Detailed mine planning and commencement of Main and Pollard declines scheduled in coming months.

• Camp expansion and process plant construction to continue in Q2 2026.

• Ongoing infill and exploration drilling at United North and regional prospects.