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Advanced minerals explorer Rox Resources and joint venture partner Venus Metals Corporation have reported a significant increase to the mineral resource estimate for the shared Youanmi gold project near Mt Magnet in Western Australia.

Drilling and exploration work has focused on the OYG joint venture area (where Rox is manager with 70% equity) and has yielded substantial increases in known and defined tonnages and ounces since its acquisition in mid-2019.

The project’s total mineral resource now sits at almost 1.7 million ounces of contained gold, representing an increase of 39% (or 466,000oz) on the previous estimate.

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