Shares in Rox Resources spiked after the company announced encouraging drilling results at its Camelwood prospect at the Fisher East nickel project 220km north of Leonora.
The company reported massive to semi-massive and disseminated sulphides over a six-metre down hole interval.
Managing director Ian Mulholland said the company had drilled seven reverse circulation holes and now one diamond hole at Camelwood with all hitting sulphide mineralisation.
"This indicates a large body of mineralisation that is still open at depth and along strike," he said.
Assay results are expected in about four weeks.
Drilling is continuing.
Shares in Rox soared in December when the company first announced it had hit nickel at Fisher East.Rox shares were up 2.2 cents, or 33.85 per cent, to 8.7 cents at 9.20am after touching a peak of 9.8 cents in earlier trade.
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