Rox flags further drilling at Mt Fisher

The West Australian January 18, 2013, 11:02 am
Drilling at the Rox's Camelwood prospect.

The West Australian © Drilling at the Rox's Camelwood prospect.

Shares in Rox Resources kicked up after the company announced a new ground electro-magnetic at its Fisher East nickel discovery near Wiluna.

The EM survey follows the discovery of nickel in all of the five holes it drilled at its Camelwood prospect last month.

Rox managing director Ian Mulholland said the company was applying a disciplined and systematic approach to define nickel sulphide targets and identify new conductors on our tenements.

"We are highly encouraged by the results from Camelwood and believe Fisher East has the potential to host a very large mineralised system," he said.

The company said further drilling would begin in the middle of next month.

Rox shares were up 0.8 cents, or 13.79 per cent, to 6.6 cents at 10.55am.

Shares in the company hit a two-year high of 9.9 cents last week ahead of the release of the company's assays from its five-hole drilling program.


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