Drilling Commences at Teena

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  • July 7, 2015

Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to report that a 4 hole diamond drilling program has commenced at the Teena prospect, which forms part of the Reward zinc project in the Northern Territory.

The Reward project is subject to an option/joint venture (JV) agreement between Rox (49%) and Teck Australia Pty Ltd (“Teck”) (51%), a subsidiary of Canada’s largest diversified resource company Teck Resources Limited. Teck have elected to increase their JV interest to 70% by expending up to $15 million in total by 31 August 2018.

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