Roxmore Resources Reports Significant Drill Results From The Converse Project, Battle Mountain - Eureka Trend Nevada

Category: News

Executive Summary

• Roxmore Resources reported significant gold and silver intercepts from its ongoing drill campaign at the flagship Converse Gold Project.
• Drill hole CV25-009C successfully twinned a historic RC hole, demonstrating mineralization extending approximately 400m below the floor of the recently released PEA open pit.
• The results validate the scale and continuity of gold and silver mineralization within the project's breccia system.

Key Details

• Significant Intercepts (CV25-009C):
  • 110.9m @ 1.31 g/t Au and 2.84 g/t Ag from 459.6m depth
  • 138.1m @ 0.65 g/t Au and 3.5 g/t Ag from 57m depth
  • 49.4m @ 0.79 g/t Au and 2.61 g/t Ag from 698.9m depth
  • 16.8m @ 1.26 g/t Au and 5.29 g/t Ag from 796.7m depth
  • 131.7m @ 0.55 g/t Au and 3.11 g/t Ag from 834.5m depth
• High-Grade Assay: The highest individual gold assay returned 12.7 g/T Au.
• Structure & Thickness: The true thickness of the mineralized structure in CV25-009C is estimated to be between 85-125m thick, with a length of up to 400m and depth exceeding 500m.
• Drilling Program: The results are part of an ongoing 30,000m infill and extension drilling campaign at the Converse Project.
• Project Resource Context: The Converse Gold Project holds an Indicated Mineral Resource estimate of 103 Mt @ 0.65 g/t Au (2.16 Moz Au) and an Inferred Mineral Resource estimate of 218 Mt @ 0.43 g/t Au (3.04 Moz Au).

Notable Quotes

John Dorward, Executive Chairman of Roxmore: "This hole further demonstrates the broader potential at Converse to define a very large system. The significant intersection of 110.9m grading 1.31g/t of gold is in an area where inferred resources have been defined near the current base of the PEA open pit. We are excited to return a result which we believe has the potential to upgrade a portion of the current resource in terms of both grade and classification. These intervals, along with those in the recently released CV25-007C, demonstrate remarkable continuity along large intervals of consistent grades."