Rox Resources Commences Collurabbie Drilling

THE DRILL SERGEANT: Rox Resources (ASX: RXL) has commenced an aircore drilling program at the company’s Collurabbie project, north of Laverton in Western Australia.

Rox Resources said the drilling is scheduled to comprise 6,000 metres, and will test a number of targets located within the company’s tenements.

“This will be our first on-ground exploration at Collurabbie, and we’re looking forward to implementing the exploration techniques that we have used at Fisher East to successfully deliver a number of nickel sulphide discoveries,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.

“This follows up our announcement of a maiden Inferred Mineral resource at the Olympia deposit of 573,000 tonnes grading 1.63 per cent nickel, 1.19 per cent copper, 0.082 per cent cobalt, 1.49 grams per tonne paladium, 0.85 grams per tonne platinum made recently…showing the great potential of this project area.

“The synergies with our Fisher East nickel sulphide project are strong, being only 70 kilometres to the west, and the recent rise in the nickel price is encouraging for further exploration and discovery.”

Rox outlined the nickel targets to be tested, which will include several where previous drilling has indicated mineralisation:

South Rhodes
6 metres at 1 per cent nickel, 0.17 per cent copper, 390ppb platinum and palladium (Pt+Pd)

Beta Sill
28m at 0.7 per cent nickel, and 32m at 0.58 per cent nickel

Agora

14m at 0.57 per cent nickel, 0.19 per cent copper

The company believes the Beta Sill prospect could be a large tonnage – low-grade nickel target similar to a number of other deposits in WA and worldwide.

The program will also test the Naxos gold prospect over a 1km strike length, where previous drilling has intersected gold mineralisation:

10m at 0.27 grams per tonne gold from 34m, and 2m at 2.4g/t gold from 60m.

The drilling program is expected to take about three weeks to complete, with assays available approximately four weeks after completion.

Email: admin@roxresources.com.au

Website: www.roxresources.com.au