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Company Announcement: Assay Results Confirm Nickel Discovery

14th January 2013

  

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Rox Resources Limited  (1.11 MB)

Rox Resources Limited is pleased to announce that assays from RC drilling at its Fisher East nickel sulphide discovery, which forms part of the Mt Fisher project 450km north of Kalgoorlie in Western Australia, have confirmed the previous portable XRF analyses and returned generally higher grade and thicker nickel intercepts than previously logged. RC drilling by Rox in December 2012 intersected nickel-bearing semi-massive and strongly disseminated sulphides in all five holes drilled at the Camelwood prospect, covering a strike length of 300m and up to 200m vertical depth. The system is open in all directions.

Managing director Ian Mulholland said, “These results confirm a significant new nickel sulphide discovery at Fisher East, which we believe has the potential to be a very large system. We will be following up these results quickly with more drilling and EM surveys to identify new conductors on our tenements.” Best assays are shown below with full drill data in Table . The laboratory assays have returned higher grade and thicker intersections than those initially indicated by the field based portable XRF analyses (with the exception of MFEC005).

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