Rox Resources (RXL) Status update summary

Project overview and location

• Youanmi Gold Project is located 480km northeast of Perth in Western Australia, within the prolific Youanmi Greenstone Belt, surrounded by major gold producers and million-ounce mines.

• The project has a history of 667koz gold production at 5.42g/t from open pit and underground operations, leveraging existing infrastructure.

Mineral resources and reserves

• Maiden Probable Ore Reserve of 3.8Mt at 4.4g/t Au for 546koz; total Mineral Resource of 16.2Mt at 4.4g/t Au for 2,300koz.

• Ore Reserve and Mineral Resource estimates are JORC 2012 compliant and prepared by Competent Persons.

Production and processing

• Life of mine (LOM) gold production target of 786koz over 7.7 years, averaging 103koz per annum.

• Plant recovery is 92.6% with a simple flowsheet using the Albion Process, offering low capital cost and operational flexibility.