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    market news

    Rox Resources Announces Extensions to Fisher East Nickel

    Melissa Shaw
    Jul. 20, 2017 08:54AM PST
    Base Metals Investing

    Rox Resources (ASX: RXL) (“Rox” or “the Company”) is pleased to report continued positive progress following a recently-completed diamond drill program at Fisher East. The program tested deeper targets at the Sabre prospect and the Camelwood and Musket deposits. Four of the five drill holes were also surveyed by the Downhole EM (DHEM) technique. Rox …

    Rox Resources (ASX: RXL) (“Rox” or “the Company”) is pleased to report continued positive progress following a recently-completed diamond drill program at Fisher East.
    The program tested deeper targets at the Sabre prospect and the Camelwood and Musket deposits. Four of the five drill holes were also surveyed by the Downhole EM (DHEM) technique.
    Rox Managing Director, Mr Ian Mulholland said:

    “The deeper diamond drilling has indicated that the Camelwood, Musket and Sabre mineralised zones do continue at depth. There are strong off hole EM conductors at all deposits that are worth following up.
    Our Mineral Resources at Fisher East are 2.04 Mt @ 2.5% Ni (at a 1.5% Ni cut-off) for 50,600 tonnes of contained nickel (ASX:RXL 5 February 2016), and we are confident of adding to these resources as we continue to explore and test new targets and drill deeper holes at known deposits.”

    The Way Forward
    The RC and Diamond drilling carried out this year by the Company at Fisher East has discovered potential for a new zone of sulphide mineralisation at Mt Tate, and extended the mineralisation 19 JULY 2017 R R L 1 5 2 5 D 2 2 at Camelwood and Sabre.
    Continuation of the sulphide zone at Musket is also indicated. These results are positive, and warrant follow-up in due course.
    Click here to read the full text release. 

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