Rox Resources launches EM Survey at Fisher East

THE DRILL SERGEANT: Rox Resources (ASX: RXL) has commenced an electro-magnetic (EM) survey at the Fisher East nickel sulphide discovery.

Fisher East forms part of the company’s Mt Fisher project, located north of Kalgoorlie in Western Australia.

The company conducted Reverse Circulation (RC) drilling in December 2012.

This program included five holes drilled at the Camelwood prospect, all of which the company said intersected semi-massive and disseminated nickel sulphide mineralisation covering a strike length of 300 metres and up to 200 metres vertical depth.

 

RC long section – Camelwood prospect. Source: Company announcement

 

Rox also claimed assays it released last week confirmed earlier portable XRF analyses while identifying Camelwood as a new nickel sulphide discovery.

“We are applying a disciplined and systematic approach to define these nickel sulphide targets and identify new conductors on our tenements,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.

“We are highly encouraged by the results from Camelwood, and believe Fisher East has the potential to host a very large mineralised system.”

The new ground EM survey is using a fixed loop configuration to map out what Rox considers to be a prospective nickel-sulphide bearing horizon along eight kilometres of strike.

This includes the Corktree and MFA_01 VTEM anomalies, which lie along strike from Camelwood.

The company said it expects to commence further drilling in mid-February.