#12023 Gold Coast Investment SHOWCASE FOR ASX LISTED RESOURCES COMPANIES ROX RESOURCES Investor Presentation Gold Coast Investment Showcase 2023 21 June 2023 Robert Ryan ACOB G ASX: RXL ROX Managing Director Exploring and Developing the High-Grade Youanmi Gold Project www.roxresources.com.au#2Disclaimers and Competent Person Statement ROX RESOURCES Forward-Looking Statements This presentation has been prepared by Rox Resources Limited. This document contains background information about Rox Resources Limited current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation. This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction. This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include, amongst others, the risk of adverse or unanticipated market, financial or political developments. To the fullest extent permitted by law, Rox Resources Limited, its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted. This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Rox Resources Limited. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forward-looking statements in this presentation speak only at the date of issue of this presentation. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Rox Resources Limited does not undertake any obligation to update or revise any information or any of the forward-looking statements in this presentation or any changes in events, conditions or circumstances on which any such forward looking statement is based. Refer to Rox Resources Limited ASX release 19 October 2022, for the Youanmi Gold Project Scoping Study details. Rox Resources Limited confirms that it is not aware of any new information or data that materially affects the information included in that release. All material assumptions and technical parameters underpinning that release continue to apply and have not materially changed. Competent Person Statements Exploration Results The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX. Where reference is made to previous releases of exploration results in this announcement, the Company confirms that it is not aware of any new information or data that materially affects the information included in those announcements and all material assumptions and technical parameters underpinning the exploration results included in those announcements continue to apply and have not materially changed. The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX. Resource Statements The Statement of Estimates of Mineral Resources for the Youanmi Near Surface Resource was reported by Rox in accordance with ASX Listing Rule 5.8 in the announcement released to the ASX on 20th April 2022. Rox confirms it is not aware of any new information or data that materially affects the information included in the previous announcements and that all material assumptions and technical parameters underpinning the estimates in the previous announcements continue to apply and have not materially changed. The Statement of Estimates of Mineral Resources for the Youanmi Underground Resource was reported by Rox in accordance with ASX Listing Rule 5.8 in the announcement released to the ASX on 20th January 2022. Rox confirms it is not aware of any new information or data that materially affects the information included in the previous announcements and that all material assumptions and technical parameters underpinning the estimates in the previous announcements continue to apply and have not materially changed. The Statement of Estimates of Mineral Resources that relates to gold Mineral Resources for the Mt Fisher - Mt Eureka Project was reported by Rox in accordance with ASX Listing Rule 5.8 in the announcement released to the ASX on 2 November 2022. Rox confirms it is not aware of any new information or data that materially affects the information included in the previous announcements and that all material assumptions and technical parameters underpinning the estimates in the previous announcements continue to apply and have not materially changed. International Financial Reporting Standards This announcement contains certain financial measures relating to the Scoping Study that are not recognised under International Financial Reporting Standards (IFRS). Although the Company believes these measures provide useful information about the financial forecasts derived from the Scoping Study, they should not be considered in isolation or as a substitute for measures of performance or cash flow prepared in accordance with IFRS. As these measures are not based on IFRS, they do not have standardised definitions and the way the Company calculates these measures may not be comparable to similarly titled measures used by other companies. Consequently, undue reliance should not be placed on these measures. Other All financial results are provided in Australian dollars and are in 100% terms (Rox currently owns 70% of the OYG Joint Venture) unless stated otherwise. 2#3Building Rox's Value $ . Simple Ownership · 100% ownership of the Youanmi Gold Project (OYG), post Venus transaction Increased investor and capital markets appeal Significant Upside • Game changing discoveries in near mine areas: ○ Paddy's Lode and Midway Regional areas opportunities (Linda Gossan, Sovereign and Currans Find) Significant potential upside to the Scoping Study High Grade Production Target High-grade production target, + 5g/t • High quality, low arsenic gold concentrate Low capital expenditure pathway to market Gold concentrate a proven commercialisation strategy Ongoing Exploration • • O Continuous news flow as assays received Follow up drilling at Paddy's Lode discovery Renewed focus on regional tenures post transaction with full targeting study to commence n=0000 ROX RESOURCES RO#4ESG Framework ROX RESOURCES We are pleased to align our reporting to the United Nations Sustainable Development Goals (SDG's), the Global Reporting Initiative's (GRI) Standards and the Task Force for Climate-related Financial Disclosures (TCFD) SUSTAINABLE GALS DEVELOPMENT 3 GOOD HEALTH AND WELL-BEING 8 DECENT WORK AND ECONOMIC GROWTH 13 CLIMATE ACTION 15 ON LAND LIFE 16 PEACE, JUSTICE AND STRONG INSTITUTIONS 2023 Goals EO Publish Sustainability insert within our Annual Report Establish baseline measurements for our material topic Review and re-set ESG goals for the material topics 4#5Jundee (5Moz) > Mt Fisher - Mt Eureka (0.2Moz) Project Location ROX RESOURCES • Youanmi Gold Project located approximately 480km northeast of Perth and Mt Fisher Mt Eureka Gold Project approximately 140km southeast of Wiluna • Located in the central part of the Youanmi Greenstone Belt, which is situated in the Southern Cross Province of the Archaean Yilgarn Craton in Western Australia, "Australia's premier gold province" Meekatharra Meekatharra Gold Operation (3Moz) Cue Gold Operation (4Moz) Mt Magnet Mine (3Moz) Mt Magnet Leinster Agnew (2Moz) Kirkalocka (1Moz) Geraldton Golden Grove Youanmi (3.2Moz) Penny (0.3Moz) Leonora (1Moz) Kalgoorlie Super Pit (27Moz) Southern Cross Perth • Proven track record of production with historical production of 667koz of gold grading 5.42g/t from open pit and underground operations • Leverage off existing site infrastructure and decline • Surrounded by million-ounce mines and major gold producers 5#6Corporate Information Rox Resources Limited (ASX: RXL) is a West Australian focused gold exploration and development Company. It is in the process of consolidating gold interests under the Youanmi Gold Project and is expected to be 100% owner and operator of the project post transaction. Rox also owns the Mt Fisher Gold Project and has earned in 75% of Mt Eureka Project. Board and Management Stephen Dennis Robert Ryan John Mair Chris Hunt Daniel Marchesi Non-Executive Chairman Managing Director Non-Executive Director Pro-forma Corporate Snapshot Current Pro-forma¹ Shares 224.4m 334.4m Market Capitalisation (at 15/6/2023) A$80.8m A$120.4m Options 16.1m 16.1m Performance Rights 13.4m 13.4m A$8.2m Cash (at 31/3/2023) Shareholders RXL Share Price Chief Financial Officer $0.50 General Manager - Studies $0.40 Travis Craig Exploration Manager $0.30 $0.20 Post Transaction Additional Board Member¹ $0.10 Matthew Hogan Non-Executive Director $0.00 Nov-22 Dec-22 www.roxresources.com.au Notes 1. Refer to ASX Announcements on 31 March 2023 A$8.2m ROX RESOURCES 13.1% 2.2% 8.8% 17.9% 00 84.7% 56.9% 16.4% Hawke's Point □ Hawke's Point VMC Other □ VMC Shareholders □VMC Other Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 6#7Consolidating the Youanmi Gold Belt • Rox to acquire 100% interest in the OYG and 90% to 100% gold interests in the regional tenure Highly strategic consolidation of 697km² and >60km of strike of the Youanmi Shear Zone • The belt is demonstrated to be host to extensive high-grade gold occurrences (Youanmi mine, Penny West etc) and is clearly highly fertile in gold endowment · Near-mine exploration in the belt continues to be highly successful with high grade results from Midway and Paddy's Lode Regional exploration to ramp up with targets at Linda Gossan, Currans Find & Sovereign Hill Notes: 1. Refer to RXL ASX Announcements on 31 March 2023, 20 April 2022 and 17 April 2019 Refer to Venus Metals Corporation Limited (ASX: VMC) announcements on 15 April 2019, 11 September 2020, 18 September 2020, and 10 October 2022 2. Refer to Ramelius Resources Limited (ASX: RMS) announcement on 13 September 2022 6840000mN 660000mE ional Youanmi Shear Zone ROX RESOURCES Youanmi 700000mE Commonwealth 18m @ 12.91g/t Au 10m @ 9.20g/t Au (3.20Moz Au @ 3.57g/t Au) По Linda Gossan 9m @ 15.60g/t Au Soverign 8m @ 5.03g/t Au 3m @ 6.61g/t Au 10m @ 3.64g/t Au Currans Find Group Pincher Well 3m @ 32.58g/t Au 3m @ 19.58g/t Au 3m @ 27.50g/t Au 3m @25.00g/t Au 10km WESTERN AUSTRALIA YOUANMI PROJECT Tenement Outline Projects Mines Major Structure Minor Structure Roads Penny West (0.53Moz Au @ 17.20g/t Au) 6800000mN 7#8Historical High-Grade Production Over 660koz of historical production at high-grade, mine closed due to low gold price of ~A$450/oz 1908-1921 Historical Shaft Mining Production 166koz @ 15.2g/t ROX RESOURCES 1937-1942 Historical Shaft Mining Production 95koz @ 8.1g/t and 15koz @ 10.2g/t Crushing plant at Youanmi completed December 1986. (Easmer Lad.) Charlie Newman, Youanmi 1918 (Eastmet Ltd) 1987-1993 1994 1997 - 1997 Onward Open Pit Mining Production 263koz @ 3.1g/t Mechanized UG Mining Production 128koz @ 9.7g/t Operation closed in 1997 due to prevailing gold price of ~A$450/oz Youanmi Carbon in Leach Gold Plant completed December 1986. (Eastmet Ltd) Youanmi Mine, 1914 (Eastmet Ltd) Weathering structures, Youanmi Gold Mine, 1933 (A.E. Lefroy) Youanmi State Battery, 1909 (Battye Library 4898B/17) Youanmi Mine, 1936 Staff residences & office, Youanmi 1913 (Eamet Ltd) 80#9Youanmi South Discovery – Paddy's Lode - Paddy's Lode Discovery Bonanza intercept in discovery hole RXRC458: 28m @ 34.81g/t Au from 204m, including; o 18m @ 51.96g/t from 207m, including; o 10m@ 79.55g/t from 211m, including; o 3m @ 138.07g/t from 218m Follow-up drilling confirms the discovery of Paddy's Lode 679,000mE Kurrajong Pit 6,835,000mN Initial results from the first four follow up diamond holes include: 6,834,000mN o RXDD080: 5.70m @ 8.26g/t Au from 233.30m, ○ RXDD095: 5.08m @ 9.56g/t Au from 225.80m o RXDD098: 3.32m @ 8.29g/t Au from 200.05m Potential discovery of a 200m offset of the Youanmi mineralised structure Additional follow-up diamond holes intersected the lode structure to extend strike to 200m and remains open to the South Notes 1. Refer to ASX Announcement 2 March 2023 and 16 May 2023 6,833,000mN Structure 680,000mE Youanmi Resource 3.2Moz Au @ 3.57g/t Au ROX RESOURCES Drill Holes Open Pit Outline Mineralisation Fault/Shear Zone Inferred Structure WESTERN AUSTRALIA Kathleen Pit United North Pit Hill End Pit YOUANMI PROJECT Youanmi Main Lode Midway East West Offsetting Structure OPEN Bunker Pit Youanmi Main Pit 6,834,000mN Paddy's Lode RXDD097 RXRC458 OPEN RXDD080 RXDD095 -200m Offset RXDD102 RXDD099 RXDD098 RXDD 100 679,000mE 680,000mE 9#10Paddy's Lode Structure Paddy's Lode Potential 6,833,250mN 500mRL RXDD099 Structure intercepted RXDD097 0.48m @ 4.60g/t Au and 0.34m @ 4.44g/t Au RXRC458 28m @ 34.81g/t Au RXDD080 [email protected]/t Au • The mineralised structure has been defined over 200m in strike at 200m to 250m in depth • Follow-up RC drilling to commence to expand mineralisation up and down dip Southern extensions to Youanmi provide a potential unmined, high-grade mining area 6,833,000mN RXDD098 3.32m @8.29g/t Au RXDD095 5.08m @ 9.56g/t Au Notes RXDD102 Drilling Underway Youanmi South Fault Zone - 200m Sinistral Displacement 1. Refer to ASX Announcement 2 March 2023 and 16 May 2023 0 RXDD100 Structure intercepted OPEN 6,832,750mN 500mRL BOCO 400mRL RXDD101 OPEN Structure intercepted 100m 250mRL 300mRL Discovery Hole Completed Diamond Hole (Assays Received) Completed Diamond Hole 200mRL (Assays Pending) Diamond Hole (In Progress) RC Drill Hole (Planned) 680,300mE RXDD080 ROX RESOURCES 680,400mE 680,500mE 680,600mE OPEN RXRC458 28m @ 34.81g/t Au [email protected]/t Au Oxide 400mRL Fresh 300mRL 50m 2023 Drill Hole Mineralised Interval Mineralisation Mafic Rock 10#11Paddy's Lode - Extensive Growth Potential Youanmi Deposit 3.2Moz Au Paddy's Lode Current 200m Strike-length Paddy's Lode Extensive Growth Potential Paddy's Lode structure has currently been intercepted along a 200m strike length. The 3.2Moz Au Youanmi deposit sits in a structurally complex setting with an array of E-W sinistral offsetting structures. • Paddy's Lode sits in a similarly structurally complex setting with a series of interpreted E-W sinistral offsetting structures. ⚫ The total potential strike length of Paddy's Lode is 900m, until it intersects the Youanmi Regional Shear Zone to the south. This is the same strike length of the Youanmi Main Lode that hosts ~2Moz Au. Exploration efforts are ongoing to trace the Paddy's Lode structure to the south. Mafic Volcanics Granite Youanmi Main Lode 900m Strike-length ~2Moz Au Paddy's Lode Potential 900m Strike- length Youanmi Regional Shear Zone → 11 ROX RESOURCES#12Midway - An Emerging Discovery . Midway Discovery Newly defined exploration corridor that is located within 300m of the hanging-wall of the Youanmi Main Lode and open in all directions • Recent results: N 500m 250m Notes o RXDD047: 2.86m @ 22.03 g/t Au from 356.39m and; ○ RXDD047: 3.73m @ 10.25 g/t Au from 405.80m o RXDD048: 6.76m @ 15.40 g/t Au from 169.13m Drilling shown thick continuous high-grade intersections Potential to add additional resources to the Youanmi Gold Project OPEN 679500m 6831500WN OPEN RXDD048 0.78m 32.98gt Au Planned Drilling 679750 831350m RXDD048 6.76m 15.40g/t Au RXRC449 8m @ 5.1ght Au RXDD045 3.62m @ 6.49ght Au RXDD046 3.87m 9.9g/t Au RXDD047 2.86m 22.03g/t Au RXDD047 3.72m @10.25g/t Au 679,500 635300 OPEN RXDD022 4m @ 45.5g/t Au 1851230 675750 OPEN OPEN Legend Planned Drilhole Au ppm Grade Shells 05-1ppm 0.2-0.5 ppm Au Gram Metre intercepts >100 50-100 20-50 500 500mRL 300mRL 250m 679,500mE Bunker Pit Planned Drilling OPEN RXDD046 OPEN 0.78m @ 32.98gt Au 回 RXDD045 3.62m @6.49gt Au RXRC449 4m @6.03gt Au RXRC449 8m @5.1gt Au RXDD046 [email protected] Au RXDD022 Significant Intercepts 4m @ 45.5gt Au Midway Lodes 2021 Drilling 100mRL 2023 Drilling OPEN Main Pit 680,000mE Legend Planned Drill Collars ARC/DD Planned Target Resource Au at 05615 Rox intersections (Au gram-metre) 1540 2.0 to 20.0 20.0 to 50.0 50.0 to 100.0 >100.0 Youanmi Deeps ° 1. Refer to ASX Announcement 6 September 2021, 18 November 2021, 8 June 2022, 16 January 2023 and 20 February 2023 40% 6.0 60 to 10.0 10.0 15.0 150 6,833,000mN 6,833,500mN 6,834,000mN 679,500mE CO Youanmi Deeps Main Pit RXDD045 3.62m @6.49g/t Au OPEN Junction RXDD022 4m @ 45.5g/t Au RXDD046 3.87m @9.9g/t Au RXDD046 0.78m @32.98g/t Au RXRC449 4m @ 6.03g/t Au 200m Bunker Pit 200m 679,500mE Midway RXRC449 8m @ 5.1g/t Au OPEN Interpreted Midway Fault 680,000mE 680,000mE ROX RESOURCES Main Pit Fault-50m sinistral displacement OPEN Grace 12#13Link High-Grade Drilling Results ROX RESOURCES 6,834,500mN 679,250mE 6,834,250mN 500mRL United North Pit Hill End Pit RXDD059 RXDD077 RXDDOR49 8.25m @8.54g/t Au 4.00m @ 5.67g/t Au 4m @ 7.60g/t Au 250mRL RXDD083 4.21m @ 5.21g/t Au OmRL RXDD078 5.96m @ 5.34g/t Au RXDD052 4.00m @ 14.85g/t Au 1.73m @ 36.91g/t Au RXDD089 3.00m @ 5.47g/t Au 4.72m @ 4.59g/t Au RXDD058 6,834,000mN RXDD068 6.38m @ 4.45g/t Au incl. 2.56m @ 8.26g/t Au 200m RXDD062 22m @ 6.31g/t Au incl. 11.2m @ 10.37g/t Au 6.53m @ 10.31g/t Au 7.61m @ 8.20g/t Au Main Pit Indicated Resource Inferred Resource Resource (g/t Au) > 15.0 10.0 15.0 6.0-10.0 4.0 - 6.0 250mRL Drilled Assays Received Drilled Assays Pending • Resource Development Drilling Drilling at Link intersecting thick, high-grade mineralisation with several standout intercepts: o RXDD052: 4.00m @ 14.85g/t Au ○ RXDD058: 6.53m @ 10.31g/t Au; and 7.61m @ 8.20g/t Au O RXDD059: 8.25m @ 8.54g/t Au o RXDD062: 22.00m @ 6.31g/t Au, incl 11.20m @ 10.37g/t Au O RXDD076: 4.26m @ 9.67g/t Au Impressive grades and widths that bode well for future underground mining operations • The mineralisation at Link remains open down- plunge • Resource definition drilling has now been successfully completed at both Link and Kathleen with final results expected in July Notes 1. Refer to ASX Announcement 5 April 2023, 26 April 2023 and 13 June 2023 13#146.836.000 Youanmi Underground YOUANMI MINE SHEAR Resource Au g/t 0.5 to 1.5 1.5 to 4.0 4.0 to 6.0 6.0 to 10.0 10.0 to 15.0 >= 15.0 LINK Notes 1. Refer to ASX Announcement 20 April 2022 and 17 April 2019 PLANT ZONE UNDERGROUND 679.200 BUNKER GRACE JUNCTION AYMD0001: 5.9m @ 16.01g/t Au 880,800 ROX RESOURCES • Youanmi Underground Overview Refers to the underground lodes mined by GMA during the 1990's. Above this lies the pre-1942 underground workings that contain remnant pillars left for structural support. • Shear zone hosted, sulphide mineralisation. Drilling highlights include: ○ RXXDD034: 0.73m @ 38.65g/t Au replacement style of o RXDD031: 3.25m @ 32.22g/t Au and 4.38m @ 3.65g/t Au O RRXDD040: 4m @ 10.91g/t Au and 2.66m @ 11.6g/t Au O RXDD037: 1.12m @ 48.01g/t Au o RXDD036: 2.09m @ 5.71g/t Au ○ RXRC418: 4m @ 4.78g/t Au Deepest hole (~970m below surface) AYMD0001: 5.9m @ incl 3.5m @ 26.72g/t Au (~970m below surface) 16.01g/t Au incl 3.5m @ 26.72g/t Au 0 250m 14#15Building Resource Confidence – Near Mine Exploration - ROX RESOURCES Limited Near-Mine Exploration Kurrajong / Rebel Kathleen United North Link Current Resource Statement - April 2022¹ Kurrajong/ Rebel Kathleen United Hill North End Hill End Indicated Inferred Youanmi Deeps Limited Near- Mine Exploration Bunker Midway Main Pit Paddy's Lode Limited Near- Mine Exploration April 2022 Tonnes Au Grade Au Metal Resource (Mt) (g/t) (Moz) Indicated 12.1 3.3 1.3 Inferred 15.8 3.7 1.9 Total 27.9 3.6 3.2 Main Pit Bunker Near-mine exploration drilling programme has commenced at Midway and Paddy's Lode. Initial results indicate potential to significantly contribute to the gold resource Notes: 1. Refer to ASX Announcements on 20 April 2022 15#16Potential Upside to Scoping Study Scoping Study Key Metrics Total Material Processed 3.9Mt @ 5.0g/t Au 1,400 mRL 1,300 mRL PÅ $ Potential Upside - Resource Stope Optimisation Annual Payable Metal 71koz pa 1,200 mRL 1,1 OPEN 1,000 mRL Plant Throughput 480ktpa All-In Sustaining Cost $1,538/oz Pre-Production Capex $99m Notes 1. Refer to ASX Announcement 19 October 2022 900 mRL 800 mRL 700 mRL 600 mRL 500 mRL 400 mRL 6 835 069 mN OPEN OPEN Natural Surface/Existing Pits Planned Pits in SS Mined Out Indicated Stopes Included in SS Inferred Stopes Included in 55 Indicated Stopes NOT Included in 55 (2.0 g/t Au Cut-off) Inferred Stopes NOT Included in SS (2.0 g/t Au Cut-off) 6 834 697 mN Processing Plant Layout OPEN Drill g Extent OPEN 6 834 325 mN OPEN OPEN OPEN 6 833 953 mN ROX RESOURCES 16 S#17ROX RESOURCES Regional Drilling Programme Linda Gossan Prospect VMC054: 9m @ 15.6 g/t Au from surface including 3m @ 35.2 g/t Au from 1m Youanmi Base Metals Project Pincher Zn-Pb-Cu-Au Prospect VPW64 VPW62 Pincher North Dome 10m @ 5.1% Zn from 68m 6m @ 2.33% Zn from 96m including 1m @ 4.09% Zn from 98m VPW60 7m @4.2% Zn from 87m 20m 1.2% Zn & 0.38% Pb & 0.17g/t Au from 68m VMC049 VMCD598 VMC051 OVMC055 Linda gossan VPW40 10m 7.31% Zn from 52m including 6m 9.5% Zn from 55 m PWC16 YOUANMI BASE METALS PROJECT E 57/986 E 57/1019 PWC12 MC038 68 VPW42 4m 2.27% Zn from 95m 9m 15.6 g/t Au from surface including 3m @35.2 g/t Au from 1m LEGEND Franca gossan O VMC RC holes completed this quarter Tenement boundary IP Anomaly (10mv chargeability outline) Outline of mineralized zone and gossan Historical VMC drill hole (refer ASX release 27 April 2017) Historical ground EM conductor (Survey by BHP reinterpreted by Newexco for Apex Minerals NL) PWC03 (WAMEX report A84346) 12m @ 2.22% Zn & 0.15% Cu from 128m including 4m 5.02% Zn from 128m 250 500 m M 57/642 675000E Sovereign Prospect YSRC014: 8m @ 5.03 g/t Au from 160m including 2m @ 15.83 g/t Au from 160m and 3m @ 2.86 g/t Au from 165m Currans Find - Taylor's Reef Historical production of 6,874 tons at a recovered average grade of 13 g/t Au RC result: Best results from the recent drilling at Taylor's Reef Prospect include: ○ CFRC084 3m @ 19.58g/t Au from 21m incl. 1m @ 55.81g/t Au from 23m, and 3m @ 14.30g/t Au from 73m incl. 1m @ 19.86g/t Au from 74m 。 CFAC047 2m @ 6.67 g/t Au from 57m incl. 1m @ 12.27g/t Au from 58m 474.500 MC VENUS METALS 874400 7470 75,000 CFRC074 1m5.40 git Au from 87m CFRC042 4m @9.25 gt Au from 46m including 2m 16.05 gt Au from 48m CFRC16 3m @27.5 gt Au from 38m including fm @72.67 gt Au from 35m CFRC14 2m 13.34 gt Au from 61m including 1m 25.38 g/t Au from 61m CFRC32 1m39.61 git Au from 9m CFRC076 1m @4.80 gt Au from 86m CFRC47 [email protected] gt Au from 90m including fm @15.30 gt Au from 92m and 2m @5.05 gt Au from 111m CFRC31 3m25.00 gt Au from 109m including 1m57.15 gt Au from 110m CFRC26 3m @32.58 gt Au from 115m including fm 76.03 gt Au from 115m Taylors Reef Prospect CFAC047 2m 6.67 g/t Au from 57m Including PWC03 fm @ 12.27gt Au from 58m CFRC084 3m 19.58g/t Au from 21m including 1m @ 55.81g/t Au from 23m, and 3m @14.30gt Au from 73m Including 1m 19.86gt Au from 74m 675,400 mE meters CFRC46 fm @ 13.32 gt Au from 110m and 2m @1.84 gt Au from 128m Currans North Prospect CFRC069 2m @ 3.26 gt Au from 144m CFRC071 2m5.60 gt Au from 163m Currans Find JV Gold Project Recent RC hole with high grade Au Collar position of holes with > 4g/t Au intersections (ASX Releases-15 April 2019, 23 April 2019, 13 June 2019, 24 June 2019, 5 August 2013, 27 August 2019 and 5 September 2019) Recently drilled AC holes • Previously drilled RC/AC holes Notes 1. Refer to Venus Metals Corporation Limited (ASX: VMC) announcements: 15 April 2019, 11 September 2020, 18 September 2020, and 10 October 2022 VRAC171 VRAC172 8m @ 1.92 g/t Au from 28m Incl. 4m @ 2.57 g/t Au from 28m 4m @ 0.37 g/t Au from 52m 8m @ 0.37 g/t Au from 60m 86m 4m @ 2.68 g/t Au from 116m Incl. 1m @ 5.4 g/t Au from 118m Zam 52 8m @ 5.03 g/t Au from 160m Incl. 2m @ 15.83 g/t Au from 160m, and 3m @ 2.86 g/t Au from 165m 675,800 180m 180m OPEN YSRC009 77 VRAC173 YSRC010 VRAC175 Surface 4m @ 1.86 g/t Au from 18m 3m @ 1.98 g/t Au from 24m Top of fresh rock 45m 7m @ 3.97 g/t Au from 59m Incl. [email protected]/t Au from 64m 10m @ 3.64 g/t Au from 79m Incl. 2m @ 10.64 g/t Au from 82m 2m @2.28 g/t Au from 121m Gold intersection with Au grade histogram (cut-off 10g/t) RC/AC drill hole (VMC JV) Interpreted gold-mineralized zone associated with quartz veins Weathered zone & transported cover Mafics with minor ultramafic & intermediate rocks 675,900 17#187,020,000mN 7.040.000mN Mt Fisher - Mt Eureka Gold Project (Non-Core Asset) 7,060,000mN 340,000mE 360,000mE Eureka NW Geology Legend Mafic Basalt, Dolerite Southern: 38koz Galway Felsic/Sediments Komatite BIF Sandstone Granite Granitic Gneiss Regional Batholith - Magnetic Felsic Intrusion Regional Au g/t 0.005 to 0.02 0.02 to 0.05 0.05 to 0.1 0.1 to 0.5 0.5 to 1.0 1.0 to 5.0 Mt Eureka >= 5.0 Grafs Find Taipan: 25koz 7,060,000mN Project Overview 850km² ground position in one of the least explored greenstone belts in the prolific Yilgarn Craton • Located immediately along strike of Cannon Resources' nickel deposits (134kt of Ni at 1.8% Ni) with the host ultramafic unit extending onto Rox Resources Mt Eureka JV tenure 7.042.000 7.039.500mN 352,500m Rox Resources Mt Eureka JV Priority Target Area EXAC343 8m @67ppb PGES MERC124 20m @ 40ppb PGES Tenements. Rox 100% Rox 100% Au rights only Cullen Mt Fisher Mt Fisher Mine: 35koz Dam North Wagtail: 15koz Damsel: 75koz Dam Dirks! 340,000mE Dam SE Nile Highly prospective mineralisation for gold and nickel ROX RESOURCES 355,000 357,500m NOOS 600 7.042.000N 360,000mE 7,040,000mN 7,020,000mN ○ Comprised of 5 separate gold deposits with a total JORC Mineral Resource of 187koz at 1.65 g/t Au¹ Numerous ultramafic flows with associated Ni- Cu-PGE anomalism occur throughout the belt demonstrating potential for the project area to host economically viable nickel deposits Options to realise value from the Mt Fisher Eureka Gold Project are being actively pursued Notes 1. Refer to ASX Announcement 31 October 2022 and 2 November 2022 - Mt 7,037,000 7034.500N Geology Legend www Komatite Mafic-Basalt, Dolerite volcaniclastics/Sediments Felsic/Sediments BIF Granite Felsic Intrusion 352.500E Fisher East Ultramafic Fisher East Nickel Project (Cannon Resources) 2km Camelwood 39kt @2.9% Ni Cannonball 7.3kt @ 2.8% Ni Musket [email protected]% Ni NOOS HOO 355,000 357,500m 18 8km Shiva#19Next Steps Corporate Transaction • Finalise the consolidation of Youanmi Gold Project Resource Development and Exploration Drilling Programme Underway Resource definition drilling near completion Review and interpret drilling results at Paddy's Lode and Midway Review and update mineral resource Feasibility Work Ongoing Metallurgical test work to refine process selection Mine design and scheduling Process plant design and size to be determined Regional Exploration Program in Development Targeting New Discoveries Linda Gossan Project • Currans Find - Penny North · Sovereign Finding new high-grade "Penny West" ROX RESOURCES OCT11 ORLANDO DRILLING 1050-354 1EBV 038#20THANK YOU Level 2, 87 Colin Street, West Perth, WA 6005 (08) 9226 0044 [email protected] www.roxresources.com.au in O ROX RESOURCES