Rox Resources Limited (ASX: RXL) (“Rox”) is pleased to announce that laboratory assays have confirmed high grade rock chip mineralisation of up to 30.7% copper, 34.1 g/t silver and 0.52 g/t gold at the Bonya Copper Project located 350km east of Alice Springs, Northern Territory (Figure 1). The Company previously published (see announcement October 12) portable XRF analyses of the visible outcropping copper mineralisation which occurs at the Bonya Mine prospect. Five (5) samples were sent to the assay laboratory and have returned highly encouraging results including significant levels of lead (Pb) in sample BY1 and highly anomalous gold (Au) indicated in samples BY4 and BY5.
Two styles of mineralisation are present at the adjacent Jervois copper deposit (which has a JORC Mineral Resource of 11.9 Mt @ 1.3% Cu, 25 g/tAg), one is of copper-silver-gold, and the other is lead-zinc-silver, both typical of volcanogenic massive sulphide (VMS) style mineralised systems. The results of sample BY1 is encouraging for identification of this second style of mineralisation at Bonya. There are walk up drill targets at the old Bonya Mine prospect, and Rox plans to further evaluate these by detailed mapping, rock and soil sampling prior to drilling.
