Rox Resources encounters further mineralisation at Teena

THE DRILL SERGEANT: Rox Resources (ASX: RXL) reported further assay results from diamond drilling carried out at the Teena zinc prospect, part of the company’s Reward project in the Northern Territory.

Hole TNDD021 was drilled to confirm the northern extent of high-grade mineralisation toward the Bald Hills Fault zone between previous holes TNDD010 and TNDD011.

This hole intersected high-grade zinc and lead sulphide mineralisation with further results, including:

TNDD021
19.7 metres at 14.9 per cent zinc plus lead (Zn+Pb) from 997.4m; and

7.2m at 9.2 per cent Zn+Pb from 1041.8m.

“We continue to receive great drilling results from the Teena prospect,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Excahnge.

“This latest hole infills a 500 metre space between previous drill holes and firmly establishes the continuity of this mineralisation over an impressive 1.3 kilometre strike length.”

Rox indicated it was now waiting on assays from another hole, TNDD020, drilled on the same section line between holes TNDD021 and TNDD014.

A fourth and last hole of the program, TNDD022, located between holes TNDD011 and TNDD017, has also been completed with assays awaited.

Mulholland explained the mineralisation occurs in a synclinal basin, which Rox believes demonstrates the extent of the mineralisation will be longer around the syncline.

The depth of mineralisation ranges from 400m below surface at the western end to about 1,000m below surface at the eastern end, he said, adding that the high-grade mineralisation extends for over 1.3km in strike length

“The thickness and extent of this mineralisation is of an impressive size,” Mulholland said.

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