Rox Resources (ASX:RXL) said it is "on track" to release a definitive feasibility study and start early mining works at its Youanmi Gold project in Western Australia in November, according to a Monday filing with the Australian bourse.
The company will also finalize approvals for the project in the coming quarter, the filing said.
The company had a cash balance of AU$43.7 million as of Sept. 30 and is in the process of financing its debt, per the filing.