en.Wedoany.com Reported - Rox Resources has completed dewatering of the main pit at its Youanmi Gold Project in Western Australia, exposing the historic decline and paving the way for underground development. The company is transitioning dewatering underground, with work on the Main Decline and Pollard Decline set to commence shortly, marking the start of the second underground mining operation at the Youanmi Gold Mine.

Rox Resources Managing Director and CEO Phil Wilding said the completion of Phase 1 dewatering is a "monumental achievement" and a significant step in the development of the Youanmi Gold Mine. "With the transition to dewatering for the underground works, the Main Decline and Pollard Decline will commence shortly, marking the start of our second underground mining operation at Youanmi," Wilding said.

The company also reported record underground development at the United North area, with monthly advance rates reaching 342 metres, and the successful commencement of the first ventilation rise, encountering mineralization on the first development level. Wilding noted significant progress on infrastructure at the Youanmi Gold Mine, with the main pit power station ready for commissioning this month, and earthworks for the processing plant site already underway in preparation for construction in June. Camp facilities have arrived on site to provide accommodation, and mining activities are ramping up.

"While undertaking site activities, we are also advancing major contracts for the Youanmi Gold Mine and preparing for the diamond drilling program set to commence later this month," Wilding said. The latest progress follows Rox's approval of the Final Investment Decision for the Youanmi Gold Mine in March, which clears the way for a new processing plant, tailings storage facility, and solar array power station, and also includes a redesigned waste rock dump. The development is supported by a US$350 million credit facility, a US$200 million placement, and an US$18 million share purchase plan.

Rox Resources is advancing the Youanmi Gold Mine towards production on schedule, solidifying its position as Western Australia's next high-grade gold producer.

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