Rox Resources receives more good news from Camelwood

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THE DRILL SERGEANT: Rox Resources (ASX: RXL) has received further assays from the company’s Camelwood nickel sulphide prospect at Fisher East, north of Kalgoorlie in Western Australia.

Assays results for RC drilling at Camelwood (above a 1 per cent nickel cut-off) included:

Hole MFEC010: 22 metres at 1.42 per cent nickel from 118 metres, including 9 metres at 2.04 per cent nickel from 119 metres.
 
Rox has drilled a ninth RC hole, MFEC012, 100m north of the above hole, which intersected 1m semi-massive and 9m disseminated sulphide mineralisation from 153m.

The company said this extends the strike length of mineralisation at Camelwood to at least 700m. Further RC drilling to the north is ongoing.

Diamond drilling was conducted to follow up previous results and intersected 0.55m of massive sulphide followed by 2m of disseminated sulphide before being truncated by a fault encountered by previous drilling.

A further hole intersected 0.7m of massive and 0.3m of semi-massive sulphides from 388.6m before also being truncated by a fault, which the company has assumed is a different fault than the previously encountered one.

Other drilling intersected 1.7m of massive sulphides followed by 1m of disseminated sulphides from 350.5m.

 

Camelwood drill long section. Source: Company announcement

 

“We still have a 100 per cent success rate in hitting nickel sulphide mineralisation in all holes drilled so far,” Rox Resources managing director Ian Mulholland said in the company’s announcement to the Australian Securities Exchange.

“These drill holes continue to show the continuity of the nickel sulphide mineralisation at Camelwood, although the thickness of the massive zone is quite variable.

“We are finding that the disseminated zone immediately adjacent to the massive sulphide zone is also carrying grades greater than 2 per cent nickel…so it is not just the massive sulphide thickness that is important.

“We are drilling on quite a wide hole spacing for this type of deposit, and we have now started to close in to a 50 metre spacing in certain areas.

“In addition, the situation is complicated by fault off-sets that we are still trying to interpret.”