Yearly Archives: 2013

Drilling Update

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Highlights:

  •  First two new RC holes at Camelwood intersect sulphide mineralisation
  •  Sulphide mineralised system extended a further 100 metres north and south from previous drilling indicating a strike length of at least 500 metre
  • Diamond drilling underway

 

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Capital Raising

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Highlights:

  • Rox successfully raises $4.95M through a Share Placement. Welcomes strong support from existing and new shareholders
  • Funds to be primarily used to pursue drilling programs at Fisher East nickel sulphide discovery

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Assay Results Confirm Nickel Discovery

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Highlights:

  • Nickel assays confirm generally higher grades and thicker intersections than previously reported portable XRF analyses
  • Thickest intersection of 20 metres grading 1.1% Ni in hole MFEC004, included 6 metres grading 1.4% Ni and 5 metres grading 1.5% Ni
  • Other highlights include:
    • 2 metres grading 1.6% Ni in hole MFEC001
    • 4 metres grading 2.0% Ni in hole MFEC002
    • 2 metres grading 2.2% Ni in hole MFEC003
    • 6 metres grading 1.4% Ni in hole MFEC004, and
    • 1 metre grading 3.0% Ni in hole MFEC005
  • Camelwood prospect tested over 300m strike length and 200m depth, and still open in all directions
  • Preliminary mineralogical examination indicates supergene nickel sulphide mineralisation

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