Company Announcement: Rox Awarded $100 000 Exploration Grant
Rox Resources Limited is pleased to announce it has been awarded three grants under the WA Government’s Exploration Incentive Scheme, totalling $100,000 to support exploration at the Company’s 100% owned Mt Fisher gold-nickel project, located 450km north of Kalgoorlie in Western Australia. The co-funding will be allocated to under-explored areas within the Mt Fisher project, including the Mt Fisher and Dam gold prospects, and the Fisher East nickel prospects at Camelwood and Corktree. Under the EIS guidelines, the funding only covers direct drilling costs and Rox is required to match the $100,000 in funding. Rox Managing Director, Ian Mulholland said, “Given our recent success at Fisher East, this additional funding enables us to increase the pace and scope of our exploration efforts on these highly prospective tenements. We would like to take this opportunity to thank the WA Government for their support of the exploration sector.” It is anticipated the first stage of co-funded drilling at Fisher East will be completed in the first quarter of 2013 while the remainder will be completed during the course of 2013.
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