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Rox Resources Ltd.

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Summary

Project:

Mt Fisher

Deposit:Mt Fisher
Location:Australia
Commodities:Gold
Date:3/28/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:28-3-2018: Rox Resources Ltd. announces a Resource Estimation report for its Mt Fisher deposit at the Mt Fisher project. Updated mineral resource estimate to JORC 2012 compliance. Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to pro
Resources:(Resource, Total): 0.973Mt @ 2.75g/t Au for 86Koz Au contained at project
CP/QP:[Resources]: Ian Mulholland (Internal)
ABSTRACT:Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to provide an update to the previously released gold resource at Mt Fisher (ASX:RXL 10 February). The update now complies with the 2012 version of the JORC Code. There is no difference between the figures in the 2004 JORC Code resource estimate and this updated one. However, the current updated version now has additional background information and disclosure as required by the 2012 JORC Code, contained within the appended “Table 1”. Mt Fisher comprises three separate gold deposits at Moray Reef, Mt Fisher and Damsel (Figure 2). At a cut-off grade of 0.8 g/tAu, the total resource is now stated as 973,000 tonnes grading 2.75 g/tAu for 86,000 ounces (high grade cuts applied as per Table 1). With outstanding results from recent aircore drilling, a number of strong targets for gold mineralization and increased resources have been identified. A 3,600m program of RC drilling has been designed to test these targets at Dam, Dam North, Damsel, Damsel South, Dirks and Shiva (Figure 2)

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