Strong New Drilling Result From Cannonball

Strong New Drilling Result From Cannonball

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  • August 13, 2014

Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to report further encouraging drill results from its recent Reverse Circulation (RC) drilling program at the Musket and Cannonball prospects (Figure 1), which form part of the 100% owned Fisher East Nickel Project located 500km north of Kalgoorlie in Western Australia.

The RC drilling was undertaken to both define and delineate near-surface nickel sulphide mineralisation as part of a resource estimation on Musket, and also to further explore the previous nickel sulphide intercepts made at the Cannonball prospect.

Managing Director Ian Mulholland commented, “This new RC result from Cannonball opens things right up. Prior to this we had several intersections of about 1 metre thick grading 3-4% Ni, which was encouraging, but now this hole has intersected a 3 metre width of similar grade showing that potential down dip for a new high grade zone of thicker mineralisation could be quite strong.”