https://www.miningweekly.com

Rox puts Bonya copper project up for sale

20th December 2016

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Perth-based Rox Resources is seeking offers for the potential acquisition of its interest in the Bonya copper project, located in the highly prospective Bonya Metamorphics in the eastern Arunta region, Northern Territory.

Rox is seeking to divest its interest in the project to focus on its nickel projects located in Western Australia. The company holds a 51% project interest and has elected to earn up to 70% by spending a further $1-million by December 2017.

The project covers an area of 310 km2 and demonstrates the potential to host economically significant deposits of high-grade copper. Recent drilling has returned results of 4.4% copper at 38 m; 5.4% copper at 13 m and 13.4% at 3 m.

The project is also situated immediately to the west of KGL Resources’ Jervois project, which contains an estimated 30.5-million tonnes at 1.1% copper and 23 g/t gold.

Edited by Creamer Media Reporter

Comments

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.112 0.149s - 112pq - 2rq
Subscribe Now