Yearly Archives: 2015

Exciting New Nickel Discovery at Sabre Prospect

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Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to report a new nickel discovery from an aircore drilling program undertaken at its 100% owned Fisher East Nickel Project, 500km north of Kalgoorlie in Western Australia.

The results are from the newly identified Sabre prospect located 6km south of the Musket nickel sulphide deposit  (Figure 2). The drill holes are situated on E53/1802, acquired late in 2014 (ASX:RXL 8 December 2014) under an Option agreement with a local prospector.

The nickel targets were identified using methods developed by Rox’s exploration team, which successfully discovered the Camelwood, Musket and Cannonball deposits.

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Breakaway Research Report – 17 March 2015

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Breakaway Research has released an updated research report covering Rox Resources.

To view a copy of the report, please visit our website at www.roxresources.com.au then click on investor/research tab.

Breakaway Research is an independent research company. It is a member of the Breakaway Investment Group – an Australian financial services company that specialises in the resource sector; providing funds management, equity research and corporate advisory services.

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Drilling To Start At Fisher East

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Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to advise that several new work programmes have been approved for the Fisher East Nickel project (the “Project”), located 150km north-east of Leinster in Western Australia.

The programmes will take place in the first half of 2015 and are aimed at:

  • Expanding the known 3.6 Mt @ 2.0% Ni sulphide resources at Fisher East, specifically at Musket, Musket North and Cannonball,
  • Aircore drilling at the Cutlass prospect,
  • Undertaking VTEM and airborne magnetics surveys over the new Option ground south of the Cutlass prospect, with follow-up aircore drilling, and
  • Initiating the permitting process for a mining licence by commencing baseline environmental studies.

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Positive Fisher East Scoping Study

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Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to report the outcomes from a Scoping Study undertaken on the Fisher East Nickel project (the “Project”), located 150km north-east of Leinster in Western Australia.

The Scoping Study was commissioned to determine likely operating and capital costs in of the Project and has indicated that the Project appears financially robust.

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Quarterly Report For Period Ended 31 December 2014

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The fourth quarter of 2014 has continued to return outstanding exploration results for Rox Resources Limited (“Rox” or “the Company”). On 27 December 2014, The Australian newspaper listed Rox as one of only ten resource companies in its “Top 100 for investing in 2015”.

At the Fisher East nickel project in Western Australia:

  • Drilling has continued to intersect strong nickel sulphide mineralisation at Musket and Cannonball that will increase mineral resources.
  • Ground EM has defined strong anomalies for drilling at the Cutlass prospect.
  • Metallurgical testwork on Camelwood and Musket ore samples was completed and returned positive results.
  • A Scoping Study was commenced during the quarter to examine various development options for the project.

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