For thousands of other reports visit RSC's Mineral Intellingence Map
Rox Resources Ltd.
Summary
| Project: | Mt Fisher | |
|---|---|---|
| Deposit: | Mt Fisher | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-7-2017: Rox Resources Ltd. announces an Exploration/Drilling Update report for its Mt Fisher deposit at the Mt Fisher project. Drilling results incl. 3m @ 1.35g/t Au from 32m. Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) reports that after | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ian Mulholland (Internal) | |
| ABSTRACT: | Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) reports that after meeting its minimum expenditure requirement of $1 million by 30 June 2017 Doray Minerals Limited (“Doray”) has advised that it does not wish to continue with its farm-in to the Mt Fisher gold project (Figure 1) and has withdrawn from the project. Rox will now review the results of Doray’s exploration, particularly the zones of interest generated from the aircore drilling and also elsewhere on the tenements, and consider next steps. In the second half of 2016 Doray completed a detailed gravity survey (ASX:RXL 26 October 2016) which led to a recently completed 12,169m aircore drilling program for 254 holes (Figure 2). The aircore drilling program comprised eight wide-spaced drill traverses, up to 7km in length, over the eastern side of the project area with hole-spacings 160m apart. Several intercepts > 0.1g/t Au were received. Rox Resources Limited is an emerging Australian minerals exploration company. The company has a number of key assets at various levels of development with exposure to gold, nickel, copper and platinum group elements (PGE’s), including the Mt Fisher Gold Project (WA), the Fisher East Nickel Project (WA), the Collurabbie Nickel-Copper-PGE Project (WA), and the Bonya Copper Project. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report