Rox Resources confirms Sabre nickel discovery

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THE DRILL SERGEANT: Rox Resources (ASX: RXL) claims to have confirmed its recent nickel discovery at the Sabre prospect on the company’s 100 per cent-owned Fisher East nickel project north of Kalgoorlie in Western Australia.

Rox has received RC results from the Sabre prospect, which are following up aircore results reported earlier this year.

RC drilling results include:

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1 metre at 3.2 per cent nickel from 97m;

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1m at 1.1 per cent nickel from 135m, and 3m at 1.2 per cent nickel from 141m; and

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2m at 1.1 per cent nickel from 147m;

“With this latest drilling at Sabre we have now confirmed yet another nickel sulphide discovery in the Fisher East nickel province,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.

“Our exploration is continuing and we are confident of finding even more deposits along this ultramafic belt.”

Rox has now commenced a further RC drilling program, from which it said it has encountered even better drill intercepts.

Assays are pending from this drilling, hwoever the company indicated visual results as:

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8m of disseminated nickel sulphides in a 24m thick ultramafic unit;

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8m of nickel sulphides, with 1m of massive nickel sulphide at the basal contact followed by 6 to 7m of disseminated nickel sulphides in ultramafic (Portable XRF analyses up to 3 per cent nickel);

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9m of matrix and semi-massive nickel sulphides in a 12m thick ultramafic (Portable XRF analyses up to 4 per cent nickel); and

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6m of disseminated nickel sulphides.

“What drilling is showing is that better mineralisation is present to the north, where the aircore results were anomalous for PGEs,” Mulholland said.

“We are certainly looking forward to receiving the assays from these RC holes, and are now planning deeper drilling to follow the mineralisation down into the modelled EM conductive zone.”

Email: admin@roxresources.com.au

Website: www.roxresources.com.au