Quarterly Report for 31 December 2015

Quarterly Report for 31 December 2015

  • 0
  • January 29, 2016

Reward Zinc-Lead Project, NT

  • Drilling continues to define a globally significant zinc-lead deposit at Teena with further excellent intersections of mineralisation:
  • Lens 2:   21.2m @ 18.6% Zn+PbTNDD022:    20.8m @ 12.8% Zn+Pb, including

 

    • 15.1m @ 16.4% Zn+Pb
    • TNDD021:    19.7m @ 14.9% Zn+Pb
    • TNDD020:    35.4m @ 13.2% Zn+Pb, including
  • Lens 1:   6.8m @ 12.5% Zn+PbTNDD022:    5.1m @ 9.0% Zn+Pb, includingFisher East Nickel Project, WA

 

  • 3.8m @ 11.0% Zn+Pb
  • TNDD021:    7.2m @ 9.2% Zn+Pb
  • TNDD020:    12.8m @ 9.4% Zn+Pb, including
  • A Pre-Feasibility level mining study was initiated.

 

Bonya Copper Project, NT

  • RC drilling program successfully intersected mineralisation at the Bonya Mine prospect and also at a new prospect, Green Gully, including:
  • 2m @ 3.2% Cu from 29m at Green Gully, and
  • 6m @ 2.6% Cu from 140m at the Bonya Mine.

 

  • Corporate
  • Rox Resources named Explorer of the Year at the Australian Mining Prospect Awards in October 2015.
  • Successful capital raising of $2.0 million

 

 

 

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