Rox Resources Ltd · ASX:RXL
Rox Resources — Non-Deal Roadshow (September 2025)
23 slides from Rox Resources's roadshow presentation, Sep 9, 2025
Slide 1: Near-Term Gold Producer: Grade. Margin. Upside.
ASX: RXL For personal use only Near-Term Gold Producer Grade. Margin. Upside. North American Roadshow | September 2025
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer ASX: RXL Important - you must read the following before continuing The following notices and disclaimers apply to this presentation and you are therefore advised to read this carefully before reading or making any other use of this presentation or any information
Slide 3: Important Information and Disclaimer
Important Information and Disclaimer ASX: RXL Important - you must read the following before continuing Production Target The Production Target and forecast financial information derived from the Production Target referred to in this release are underpinned by Indicated Mineral Resources (approximat
Slide 4: Major Highlights
Major Highlights ASX: RXL $0.50 12 High-grades and exploration upside 10 $0.40 For personal use only • Flagship Youanmi Gold Project in premier mining state of Western Australia • Volume (Millions) Underground gold project with compelling economics 8 • Recently updated Mineral Resource open down dip
Slide 5: Flagship - Youanmi Gold Project
Flagship - Youanmi Gold Project ASX: RXL • Located in the central Youanmi Greenstone Belt, within the Southern Cross Province of the Archaean Yilgarn Craton For personal use only • Situated in Western Australia – globally recognised as Australia’s premier gold province • Surrounded by million-ounce
Slide 6: PFS Highlights – Youanmi Project DFS Indications
PFS Highlights – Youanmi Project DFS Indications ASX: RXL High-Grade Reserve and Resource Expect Higher Tonnes and Ounces for Reserve • July 2024 PFS Probable Ore Reserve estimate of 3.8Mt @ 4.4 • New 2025 Total MRE of 12.1Mt @ 5.6 g/t Au for 2,170koz For personal use only g/t Au for 546koz • 11%
Slide 7: New High-Grade Mineral Resource Estimate (July 2025)
New High-Grade Mineral Resource Estimate (July 2025) ASX: RXL For personal use only Cut-off Indicated Inferred Total Category Grade Tonnes Au Grade Au Metal Tonnes Au Grade Au Metal Tonnes Au Grade Au Metal (g/t) (Mt) (g/t) (Koz) (Mt) (g/t) (Koz) (Mt) (g/t) (Koz) Open Pit 0.5 0.7 2.0 48 0.5 1.3 22 1
Slide 8: Key Results From Step-Up Program
Key Results From Step-Up Program1 ASX: RXL For personal use only North American Roadshow | September 2025 8 1. Refer to ASX announcement titled and dated “Youanmi drill program May update” 28 May 2025.
Slide 9: High-Grade Ore Reserve (July 2024)
High-Grade Ore Reserve (July 2024) ASX: RXL For personal use only Existing Decline to ~600m below surface Ore Reserve Tonnes (Mt) Grade (g/t Au) Contained Ounces (koz) Proved Underground Ore Reserve - - - Probable Underground Ore Reserve 3.83 4.4 546 Total Underground Ore Reserve 3.83 4.4 546 North
Slide 10: Dewatering & Early Works
Dewatering & Early Works ASX: RXL Significant steps forward on pathway to production For personal use only • Significant infrastructure with high volume evaporation ponds and pits available – fully permitted and in use • Pumping completed in United North Pit • Pumping underway in Main Pit • United N
Slide 11: Pit Dewatering (1 September 2025)
Pit Dewatering (1 September 2025) ASX: RXL United North Pit Main Pit For personal use only Planned Portal North American Roadshow | September 2025 Evaporation Ponds 11
Slide 12: Metallurgical Test Work
Metallurgical Test Work ASX: RXL • Metallurgical test work for the DFS advancing, comminution and flotation works completed, and base work for Albion Process released • DFS test work based on large scale, bulk samples, representative of mine plan For personal use only Comminution (BWI) • 16kw/t, onl
Slide 13: Exploration Potential
Exploration Potential ASX: RXL >60km strike on Youanmi Shear Zone For personal use only • Other than existing mine areas of Youanmi and Penny West, very little drilling undertaken • Rox recently commenced drilling near mine targets, along with more around Currans • Further work planned regionally, f
Slide 14: Exploration Potential – Currans Area
Exploration Potential – Currans Area ASX: RXL Currans Find Gold Project1 For personal use only Located 20km south of Youanmi Previous Significant intercepts at Currans Find include: • CFRC026: 3m @ 32.58g/t Au from 115m • CFRC016: 3m @ 27.50g/t Au from 39m • CFRC031: 4m @ 18.59g/t Au from 108m • CFR
Slide 15: Indicative Pathway to Production
Indicative Pathway to Production ASX: RXL I CY24 CY25 CY26 CY27 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 For personal use only Key Project Deliverables Definitive Feasibility Study FID Mill construction and commissioning First gold Milestones Resource extensional drilling Extensional drilling Growth Explora
Slide 16: Team, Vision, Mission
Team, Vision, Mission ASX: RXL Board of Directors For personal use only Stephen Dennis Phillip Wilding Non-Executive Chair Managing Director & CEO Experienced team with proven record in Nathan Stoitis David Boyd developing Australian Non-Executive Director Non-Executive Director gold mines Managemen
Slide 17: Next Steps
Next Steps ASX: RXL Updated Mineral Resource Estimate just released Reserves For personal use only • Based on ~46,000m of recent drilling, driving a larger, higher confidence UG Resource • Mine Plan optimisations underway for Reserves, driving mill design and project DFS Progress Definitive Feasib
Slide 18: Thank You
ASX: RXL For personal use only Thank You Level 2, 87 Colin Street, www.roxresources.com.au West Perth, Western Australia 6005 + 61 (8) 9226 0044 [email protected] rox-resources
Slide 19: Plan View and United North Section
Plan View and United North Section ASX: RXL For personal use only North American Roadshow | September 2025 19
Slide 20: Sections Youanmi Main (Nth) and Prospect
Sections Youanmi Main (Nth) and Prospect ASX: RXL For personal use only North American Roadshow | September 2025 20
Slide 21: Appendix - PFS Production Target – The Starting Point
Appendix - PFS Production Target – The Starting Point ASX: RXL Current Life of Mine, Ounces Mined and AISC – THE AIM: to bring in forward ounces and increase with higher throughput For personal use only Ounces Mined (koz) AISC $/oz 140 2,800 130 Indicated Inferred AISC 120 2,400 110 100 2,000 90 80
Slide 22: Appendix - Project PFS Capital Requirement
Appendix - Project PFS Capital Requirement ASX: RXL Pre-Production Capital Costs A$m US$m For personal use only Site Infrastructure 22 14 Processing Facilities 150 98 Tailings Storage Facility 4 3 Underground Development 39 25 Commissioning Costs – Net 15 10 Contingency 15 10 Total Pre-Production Co
Slide 23: Appendix - Processing – A Scalable Plant
Appendix - Processing – A Scalable Plant ASX: RXL Simple flowsheet to produce gold doré averaging 103koz per annum – with recoveries estimated at 92.6% Simple Flowsheet For personal use only • Conventional crushing, grinding and flotation • Flotation concentrate to Albion Process • Flotation tails t