All posts by Flavia Bramley
Rox Resources Limited (ASX: RXL) (Rox” or “the Company”) wishes to announce that Mr Ian Mulholland has advised the Board of Directors that he intends to retire and will step down as Managing Director effective 30 April 2019. A search for a suitable replacement will be initiated. Mr Mulholland will work with the Board and the new appointee to ensure a smooth transition.
Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to announce high grade assay results from the Company’s recently completed diamond drilling campaign at its Collurabbie nickel project, located 230km north of Laverton in Western Australia.
Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to report the outcomes from an updated Scoping Study undertaken on the Fisher East Nickel project (the “Project”), located 150km north-east of Leinster in Western Australia.
The original Scoping Study was completed in 2015 and the recent update, undertaken on the back of the positive outlook for nickel, demonstrates a project with strong economic and technical credentials at a consensus projected forward nickel price. In addition, there is significant upside to project economics from an increased resource base. Capital costs are relatively low, with competitive cash operating costs. The high-level study considered two primary development scenarios, building a stand-alone concentrator or toll milling at a nearby operation.