Rox said underground lateral development at Youanmi advanced 1,665 metres during the quarter, taking total advance to 3,795 metres. The company said ore drive development delivered 20,584 tonnes grading 2.75 g/t gold to the ROM stockpile.
At quarter-end, Rox reported ROM stocks of 47,955 tonnes at 3.05 g/t gold containing 4,700 ounces. It said the first United North escapeway to surface had been installed ahead of planned stoping commencement in the December quarter, while 9,622 metres of underground grade-control drilling was completed.
The company said ball mill and crusher fabrication was complete, with equipment either in Perth or in transit. It said equipment delivery and construction remained on schedule and supported its target for first gold in mid-calendar 2027.
Rox said it obtained the final major Works Approval in July, completing permitting requirements for construction and operation of the Youanmi Gold Mine. The company reported an updated Ore Reserve of 4.8 million tonnes at 4.7 g/t gold for 727,000 ounces of contained gold.
After the quarter, Rox said it achieved financial close on its debt facilities and made initial utilisations of $90.2 million under the project term loan facility and $4 million under the bank guarantee facility on 2 October 2026.
Source: Download RXL official ASX announcement, 2026-10-20.
Youanmi processing plant construction site, from Rox Resources' 20 October 2026 quarterly activities report.