Rox Resources LtdASX: RXL

Final Investment Decision Approved for Youanmi

· Issued by Rox Resources Ltd

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Rox Resources Ltd has announced the approval of the Final Investment Decision for its Youanmi Gold Project in Western Australia, allowing construction to begin. The project is fully funded, with secured commitments from lending banks and a significant capital placement completed. Construction will include a new processing plant and associated infrastructure, with bulk earthworks set to commence shortly. This decision follows the approval of the Mine Development and Closure Proposal, which is crucial for moving forward with the project.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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