Yearly Archives: 2018
Key Points
• Diamond drilling at Fisher East intersects three individual massive nickel sulphide intervals;
• Musket and Camelwood orebodies extended by over 150m at depth;
• Aircore drilling has commenced at Collurabbie.
Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to announce plans to vend it’s Mt Fisher gold project in Western Australia into a newly established, 100%-owned subsidiary, Helios Gold Limited (Helios), and list this company on the Australian Stock Exchange (“ASX”) via an Initial Public Offering (“IPO”).
Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to announce that it has reached agreement with Thor Mining PLC (“Thor”) to sell its Bonya tenement interests for a total of $550,000 to be received in Thor shares (“Thor Offer”).
Key Points
- Mt Fisher Gold Mineral Resource updated to JORC 2012 Code
- 973,000t @ 2.75 g/t Au for 86,080 ounces, comprising
– Measured 171,900t @ 4.11 g/t Au for 22,712 ounces
– Indicated 204,900t @ 2.82 g/t Au for 18,548 ounces
– Inferred 596,200t @ 2.34 g/t Au for 44,821 ounces - No change to previous gold resource estimate under JORC 2004 Code
Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to advise that its Bonya Joint Venture with Arafura Resources Limited (“Arafura”) in the Northern Territory has been restructured to simplify the current arrangements between both parties.