on AXCAP VENTURES INC. (CVE:AXCP)
Roxmore Resources Begins Infill and Extensional Drilling at Converse Gold Project
Roxmore Resources Inc. has initiated a significant 30,000-meter drilling campaign at its Converse Gold Project in Nevada. This project aims to enhance the upcoming Preliminary Economic Assessment (PEA) as the company prepares for a Prefeasibility Study (PFS).
The program begins with Phase 1 covering 15,000 meters, with additional rigs to join shortly. A reverse circulation (RC) drill rig and a core rig are actively exploring shallow oxide extensions and higher-grade structures.
To support future mineral estimates, a pulp re-assay program for silver grades has been started. Development efforts include a hydrological water well to ensure adequate supply and Sunstone Environment Solutions working on necessary permits for mining operations.
Upcoming projects include further drill results and the anticipated release of the Converse PEA by Q2 2026.
R. P.
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