Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to announce that it has entered into an Option Agreement to acquire 100% of two additional granted mineral tenements at its Mt Fisher gold-nickel project, 500km north of Kalgoorlie in Western Australia.
The new tenements are situated along strike to the south of known nickel and gold mineralised zones on Rox’s tenements (Figure 1).
Managing Director Ian Mulholland commented, “We now cover all of the areas that we want to have in this project at the current time.”
“These two new tenements offer Rox some very prospective additional ground, being along strike from known nickel sulphide and gold mineralisation.”
“In particular, given our exciting nickel sulphide discoveries, adding another 10km of potential strike gives us much more scope to expand the already impressive resource base we are identifying.
“In addition, the new gold tenement already has a significant aircore geochemical anomaly on it that hasn’t been tested with RC drilling, so there is the potential to add to our gold resources also.”