musket returns highest nickel

MUSKET RETURNS HIGHEST NICKEL
GRADE YET: 0.9m @ 19.5% Ni
• High grade massive nickel sulphide mineralisation
confirmed by diamond drilling at Musket, 35m and
80m down dip from previous RC drilling
• 0.9m @ 19.5% Ni, within 15.0m @ 2.7% Ni from
264.7m in MFED042
• Second diamond hole, 50m down dip from MFED042
intersected similar mineralisation with assays
pending
• Drilling continuing to define the extent of this high
grade mineralisation
Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) is pleased to
report the first assay results from diamond drilling at the Musket prospect,
part of the Fisher East nickel sulphide project 500km north of Kalgoorlie in
Western Australia.

The first diamond drill hole, MFED042, targeted 35m down dip from
previous RC hole MFEC065 (17m @ 2.2% Ni, including 2m @ 8.1% Ni),
intersected a thick zone of nickel sulphide mineralisation grading 15.0m @
2.7% Ni, including 0.9m @ 19.5% Ni of massive sulphide from 264.7m
downhole. Estimated true width is approximately 10m.

The second diamond drill hole in the program, MFED043, intersected
similar mineralisation style and thickness, 85m down dip from RC hole
MFEC065 and 50m down dip from diamond drill hole MFEC042 (Figures 1 -
3), with assays pending.

The third and fourth diamond holes, drilled on the section 40m to the south
of the MFED042/MFED043 section (Figures 1 & 2) both intersected 10-15m
zones of nickel sulphide mineralisation. Assays for these two holes are also
pending.

Rox Managing Director, Mr Ian Mulholland commented, “This first result,
our highest grade yet, of 19.5% Ni for the massive sulphide zone in hole
MFED042, confirms the high tenor of the nickel sulphide mineralisation at
Musket.