Source : BUSINESS NEWS
Construction at Rox Resources’ Youanmi gold project has fast-tracked in recent weeks, according to boss Phillip Wilding.
In mid-July, on the back of receiving its final environment for Youanmi, Mr Wilding said he was confident construction would intensify in due course, as Rox moves toward first production in the middle of CY27.
On Monday, Rox said a lot of progress had been made at the project’s processing plant by its selected provider Interquip, while construction of the 351-room accommodation village is finished and now ready for use – although additional refurbishment works, including to the sports courts, will get under way this month.
“Importantly, all works are firmly on schedule,” Mr Wilding said.
“Bulk earthworks have been completed at all sites in the Youanmi processing plant area, with concreting now complete for the screen plant and CIL plant, and tanks under construction.
“The tailings dam has started taking shape, with clearing completed, cut-off drain established and preparations underway to build the outer wall.
“Mining has also progressed well, with the initial levels in United North now complete and extending well past the definitive feasibility study mine plan.
“Works are progressing to commence production stoping, as the high-grade ore stockpile continues to grow.”
Rox closed trade on Monday up 1 per cent to 63 cents.
