THE DRILL SERGEANT: Rox Resources (ASX: RXL) commenced an aircore drilling program at the company’s Mt Fisher gold project, north of Leonora in Western Australia.
Rox Resources indicated the drilling campaign at Mt Fisher is to comprise approximately 112 holes for 7,500 metres, with the main focus being the Dam, Damsel, Nile and Shiva prospects where strong drilling results have previously been received.
Rox explained the gold target areas lie to the west of the Fisher East nickel belt and that the aim of the drilling program is to complement the company’s previous successful drilling results, so that more coherent geochemical targets can be defined for follow-up RC and diamond drilling.
Rox believes the Dam-Damsel-Shiva area has similarities to the 3.6 million ounce Bronzewing camp some 75 kilometres to the southwest, and is using the extensive knowledge base that was built up in the 1990’s and 2000’s regarding Bronzewing and the Yandal Belt in its exploration program design.
“We have had these high-priority targets identified for some time, and are now pleased to be able to progress to drilling and target significant gold mineralisation,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.
“The sheer amount of gold in the regolith in this area is compelling evidence of a much bigger and richer gold source at depth.”