Rox Resources Limited is pleased to report that following on from the discovery of its Camelwood nickel sulphide deposit at Fisher East, 500km north of Kalgoorlie, WA , a detailed analysis of regional data sets has been carried out. This work has identified a number of additional high priority nickel sulphide drill targets. Using a combination of recently flown airborne magnetic survey data, a compilation of historic geochemical sampling (auger soils) undertaken in the 1970’s, and field prospecting and re-analysis of old RAB holes, a number of excellent nickel sulphide drill targets have been developed.
These targets show strong nickel-in-soil anomalism and/or anomalous values in historic RAB holes that had not been previously analysed for nickel, and align with the prospective ultramafic horizon identified by the magnetics and a reinterpretation of earlier VTEM. In some places the historic RAB chips are gossanous in nature and also record nickel analyses at a similar level to those initially found at the Camelwood discovery. The first stage of exploration will consist of RAB drilling over the targets followed up by either reverse circulation (RC) or diamond drilling. Rox Managing Director Ian Mulholland commented, “Our first exploration program at Fisher East discovered the Camelwood nickel sulphide deposit, and with the number of high quality targets identified by our team the chances of further discoveries are high as some of these targets show very similar features to our initial work at Camelwood.With very limited regional work done to date, it is likely that Fisher East is a nickel sulphide field, not just one isolated deposit which is an intriguing and very exciting possibility”.