Rox Resources Says Test Work on Western Australia Gold Project Samples Shows High Recovery, Shares Jump 7%

MT Newswires Live

05-21

Rox Resources (ASX:RXL) said metallurgical test work conducted on samples from the Youanmi gold project in Western Australia revealed high recovery of 91.6% gold and 98.3% sulphur to concentrate, according to a Wednesday Australian bourse filing.

The results from bulk flotation tests determined that high gold recoveries of 91.6% can be achieved at a concentrate grade of 49.9 grams-per-tonne of gold. Additional gold was recovered at 36% to 62% from cyanide leaching of the flotation tailings.

The firm will conduct additional flotation test work to further refine the process for a definitive feasibility study slated for November.

Its shares jumped 7% in recent trading on Wednesday.

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