Rox Resources continues to sharpen Sabre

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THE DRILL SERGEANT: Rox Resources (ASX: RXL) has released further encouraging news from onfoing drilling being carried out at the Sabre prospect on the company’s 100 per cent-owned Fisher East nickel project north of Kalgoorlie in Western Australia.

Recent results from the RC and diamond core drilling program at Sabre include:

MFEC112
9m at 1.3 per cent nickel from 135m;

MFEC113
8m at 1.4 per cent nickel, including 1m at 3.4 per cent nickel from 146m;

MFEC115
10m at 1.9 per cent nickel, including 6m at 2.3 per cent nickel from 127m;

MFEC116
5m at 1.2 per cent nickel from 140m;

MFEC117
1m at 2.2 per cent nickel from 203m, and 2m at 2.2 per cent nickel from 209m;

MFEC118
16m at 1.3 per cent nickel, including 1m at 2.4 per cent nickel from 178m, and 1m at 2.0 per cent nickel from 196m.

Assays from one shallow diamond hole include:

MFED072
1.6m at 1.4 per cent nickel from 186.4m

“What we are seeing at Sabre is similar to the early drilling at Camelwood, where at shallow depths we found largely disseminated nickel sulphide mineralisation, but at depth we intersected massive sulphides,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.

“Whilst these are still early results, they are at least as good as those we received in early drilling at Camelwood.

“The 600 metres strike length of nickel sulphides in our drilling at Sabre is very encouraging, but equally encouraging is that our drilling has only tested to relatively shallow depths to date (about 150m vertical), so there is excellent potential to define further mineralisation below.”

Mulholland said the nature of the mineralisation the company has intersected so far has not explained the strong EM conductor it is targeting, which from its strength Rox expected to represent more massive mineralisation.

To that end the company has deeper drilling planned for the portion of the EM anomaly below RC holes MFEC124 and 125.

Email: admin@roxresources.com.au

Website: www.roxresources.com.au