RXL 0.00% 13.5¢ rox resources limited

quarterly, page-11

  1. 46,467 Posts.
    Chart looks good nine

    HIGHLIGHTS

    ?? Formal Joint Venture documentation signed with Teck Australia Pty Ltd for the Myrtle zinc project and all approvals received.

    ?? Teck subscribes $500,000 for 10 million Rox shares at a price of 5 cents per share.

    ?? Exploration programme for 2011 commenced by Teck at Myrtle.

    ?? Exploration commenced at the Mt Fisher gold-nickel project, where strong and widespread gold-in-regolith anomalies over 5km in strike length have been tested by an initial 3,000 metre RC drilling programme.

    ?? Airborne VTEM survey also completed at Mt Fisher, and an airborne magnetics and radiometrics survey currently underway.

    ?? Option to acquire an additional 170km2 of highly prospective ground at Mt Fisher signed.

    ?? Exploration due to commence at the Marqua Phosphate project during the next quarter.
 
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