Rox Resources hits Cannonball with new drilling program

THE DRILL SERGEANT: Rox Resources (ASX: RXL) has commenced a program of Reverse Circulation (RC) drilling at the company’s Fisher East nickel sulphide project, located north of Kalgoorlie in Western Australia.

The 15 hole program has been is designed to test targets the company generated by during a program of aircore drilling, the results of which it announced to the market in November.

These targets included the new Cannonball prospect where the recently-conducted aircore drillining encountered an intercept of 3 metres at 3.42 per cent nickel.

 

Cannonball prospect trend, aircore drilling highlights over interpreted geology. Source: Company announcement

 

“We’re excited to be able to be in a position to test these new nickel sulphide targets with RC drilling so soon after they were identified,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian securities Exchange.
 
“The Cannonball prospect, where we recently intersected massive nickel sulphides, is a particularly exciting target.

“In addition to Cannonball we’ll also be evaluating prospects at Emu Bush and Twinleaf, where elevated levels of nickel, copper, platinum, palladium and gold were found.”

Rox considers the high levels of copper, platinum, palladium and gold to be indicative of a magmatic sulphide source for the nickel, as opposed to a lateritic source.

The company explained the target mineralisation style is similar to what it has discovered nearby at Camelwood, which is of the Archaean Greenstone Komatiite-hosted (Kambalda) type.

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