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Rox Resources Limited

Rox Resources Limited (ASX:RXL) is an Australian listed company with advanced gold and nickel projects in Australia. Rox owns a 70% interest in the Youanmi Gold Mine, and wholly-owns the Mt Fisher Gold project and the Fisher East and Collurabbie Nickel Projects, all located in Western Australia.

The Youanmi Gold Mine is the company’s flagship project and offers significant upside in both development and exploration potential. Rox co-owns the Youanmi Gold Mine with Venus Metals Corporation Limited (“VMC”). Rox is responsible for the management of the Youanmi Gold Mine.

The Youanmi Gold Mine has a JORC 2012 compliant Mineral Resource Estimate of 12.4Mt at 2.97g/t Au for 1,190,600 ounces of gold, including a “near-surface” portion of 10Mt at 1.65g/t Au for 532,000 ounces of gold.

ASX Code
RXL

Sector
Materials

Website
https://www.roxresources.com.au/

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News

Uncovering Value In Rox

Rox chief Ian Mulholland is perplexed why the WA gold and nickel explorer’s market valuation is less than it was last October, just before the company said it would sell its Reward zinc tenement in the NT for $20m cash.

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Teck Australia to Acquire Rox Resources Interest in Reward Zinc Project

Rox Resources (ASX: RXL, Share Price: $0.015, Market Cap: $23m) is one of our most respected exploration plays, with three highly-prospective projects – its Fisher East nickel sulphide project in Western Australia, followed by two secondary projects – Reward zinc and Bonya copper projects, both situated within the Northern Territory. Importantly, there is strong activity occurring on all project fronts.

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Teck Exercises Reward Project Rights

Rox Resources (ASX: RXL, Share Price: $0.019, Market Cap: $23m) is one of our most respected exploration plays, with three highly-prospective projects – its Fisher East nickel sulphide project in Western Australia, followed by two secondary projects – Reward zinc and Bonya copper projects, both situated within the Northern Territory. Importantly, there is strong activity occurring on all project fronts.

Read More