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Youanmi Project

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Summary

Mine TypeUnderground
Study CompletedFeasibility
StagePermitting
Commodities
  • Gold
Mining Method
  • Longhole open stoping
  • Avoca
Backfill type ... Lock
Project Timeline... Lock
Mine Life... Lock
SnapshotYouanmi is a high-grade, high-margin gold project. Youanmi was a high-grade gold mine before it closed in 1997. It is classified as a disturbed site and is located on existing Mining Leases, which have significant existing infrastructure to support a return to mining operations.

On 11 Nov. 2025, Rox released the DFS, focused on the on-site production of gold using the Albion Process.

The Youanmi underground mine plan consists of three distinct mining areas: the Main Lode, Pollard, and United North.

A Mining Development and Closure Proposal was approved by DMPE in Oct. 2025, enabling the commencement of underground mining activities. Further approval applications are underway to enable the construction of the processing plant and other associated works.

As of 25 Feb. 2026, the main pit dewatering well is advanced, supporting ongoing development and site access. Approximately 750m of advance has been completed at United North, as the decline continues to progress.
Latest NewsDevelopment Accelerating As Rox Advances Toward Ore Production     February 25, 2026

Owners

SourceSource
CompanyInterestOwnership
Rox Resources Limited 100 % Indirect
The Company has 100% of all mineral rights at the Project including nearby extensions, and between 90% to 100% of gold rights in the regional tenure.

Contractors

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Deposit type

  • Orogenic

Summary:

The Youanmi Project straddles a 40km strike length of the Youanmi Greenstone Belt, lying within the Southern Cross Province of the Archaean Yilgarn Craton in Western Australia. The greenstone belt is approximately 80km long and 25km wide, and incorporates an arcuate, north-trending major crustal structure termed the Youanmi Fault Zone. This structure separates two discordant greenstone terrains, with the stratigraphy to the west characterised by a series of weakly deformed, layered mafic complexes (Windimurra, Black Range, Youanmi and Barrambie) enveloped by strongly deformed, north-northeast trending greenstones.

Gold mineralisation is developed semi-continuously in shear zones over a strike length of 2,300m along the western margin of the Youanmi granite.

Gold is intimately associated with sulphide minerals and silicates in zones of strong hydrothermal alteration and structural deformation. Typical Youanmi lode material consists of a sericite- carbonate- quartz- pyrite- arsenopyrite schist or mylonite which frequently contains significant concentrations of gold, commonly as fine, free gold particles in the silicates, occluded in sulphide minerals and in solid solution in arsenopyrite. The lodes contain between 10% and 25% sulphide, the principal species being pyrite (10% to 20%) and arsenopyrite (1% to 5%).

There are a series of major fault systems cutting through the Youanmi trend mineralisation that have generated some significant off-sets.

The Youanmi Deeps project area is subdivided into three main areas or fault blocks by crosscutting steep south-east trending faults; and these are named Pollard, Main, and Hill End from south to north, respectively.

Granite hosted gold mineralisation occurs at several sites, most notably Grace and the Plant Zone Prospects. Gold mineralization occurs as free particles within quartz-sericite altered granite shear zones.

The Commonwealth-Connemarra mineralised trend is centred 4km northwest of the Youanmi plant. The geology comprises a sequence of folded mafic and felsic volcanic rocks intercalated with BIF and intruded by granite along the eastern margin. Gold mineralisation is developed over a 600m strike length, associated with a north-trending and steeply west-dipping shear zone that traverses the northwest-trending succession.

Dimensions
Ninety-four mineralised lodes have been modelled, along 2.2km of strike length, comprising the Main Lode and associated footwall and hanging wall lodes along the main trend corridor. The maximum depth of the Main Lode interpretation is to approximately -600mRL, 1,060m below the natural surface. The Main Lode is continuous down the dip for this length; other lodes have much more restricted down-dip extents.

Satellite lodes (26) from the 2024 MRE have been incorporated without change as no recent work has been undertaken in these areas.

The hanging wall and footwall lodes are predominantly 0.5m-2m thick, while the Main Lode is generally in the order of 1m-3m thick, but locally exceeds 10m.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Water usage

Parameter2025
Groundwater 4,290 m3/day

Commodity Production

CommodityUnitsAvg. AnnualLOM
Gold koz 117 *817 *
All production numbers are expressed as metal in doré. * According to 2025 study.

Operational metrics

Metrics
Annual ore mining rate  ....  Subscribe
Annual processing rate  ....  Subscribe
Annual processing capacity  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Tonnes processed, LOM  ....  Subscribe
* According to 2025 study.

Production Costs

CommodityUnitsAverage
All-in sustaining costs (AISC) Gold AUD  ....  Subscribe
C1 cash costs Gold AUD  ....  Subscribe
Assumed price Gold AUD  ....  Subscribe
* According to 2025 study / presentation.

Operating Costs

CurrencyAverage
UG mining costs ($/t milled) AUD  ....  Subscribe
Processing costs ($/t milled) AUD  ....  Subscribe
G&A ($/t milled) AUD  ....  Subscribe
Total operating costs ($/t milled) AUD  ....  Subscribe
* According to 2025 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M AUD  ......  Subscribe
Sustaining CapEx $M AUD  ......  Subscribe
Total CapEx $M AUD  ......  Subscribe
UG OpEx $M AUD  ......  Subscribe
Processing OpEx $M AUD 485
G&A costs $M AUD 76
Total OpEx $M AUD  ......  Subscribe
Royalty payments $M AUD  ......  Subscribe
Gross revenue (LOM) $M AUD  ......  Subscribe
EBITDA (LOM) $M AUD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M AUD  ......  Subscribe
After-tax Cash Flow (LOM) $M AUD  ......  Subscribe
Pre-tax NPV @ 8% $M AUD  ......  Subscribe
After-tax NPV @ 8% $M AUD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
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Workforce

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