Dewatering Complete at Youanmi Main Pit
| Stock | ROX Resources Ltd (RXL.ASX) |
|---|---|
| Release Time | 7 May 2026, 8:18 a.m. |
| Price Sensitive | Yes |
Dewatering Complete at Youanmi Main Pit
- Dewatering of Main Pit completed, with pit floor visible and historic decline exposed
- Transition to underground dewatering ahead of Main and Pollard declines underway
- Record month of mine development with 342m of advance at United North
Rox Resources Limited (ASX: RXL) has completed dewatering of the Main Pit at its 100%-owned Youanmi Gold Mine in Western Australia. The pit floor is now visible, and the historic Main Decline has been exposed. Pumping is now transitioning to dewatering the underground workings through an initial borehole ahead of mining. Preparation works in the Main Pit for mining are well advanced, with ramp sheeting progressing and new accesses to the Main Portal and Pollard Portal being prepared. The power station for the Main Pit has been installed and is ready for commissioning. Mining at the United North project has seen an acceleration, with 342m of advance completed in April, and the first section of the return airway successfully fired. Results from face-sampling in the first ore lode at the 2341mRL level access show it maintains a visually controllable mining width of 2.20m grading above 4.99g/t Au, including 0.50m @ 8.32g/t Au along the footwall contact. Bulk earthworks for the processing plant facilities have commenced, and all buildings for the expanded accommodation village are now onsite. The company has also made progress on key contracts, including engaging Pacific Energy for a Build Own Operate power station, Lambron Contracting for bulk earthworks, and K-Drill as the preferred underground diamond drill contractor.
The company's indicative pathway to production remains on track, with dewatering at the Main Pit completed, infill drilling commenced on the upper United North levels, and Interquip progressing with detailed process plant design and ordering of long lead items. The next steps include continuing detailed mine planning and scheduling, reviewing and awarding further major contracts, defining near-mine and regional targets, commencing development on the Main and Pollard declines, continuing development of United North, and commencing processing plant construction.