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CULLEN RESOURCES LIMITED Capital/Financing Update 2021

Oct 25, 2021

64724_rns_2021-10-25_ff5bd62f-d168-4ed4-8370-d01be0f2f6bd.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

26 October 2021

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RRL1787D
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Mt Fisher - Mt Eureka Project Update

Highlights:

ROX RESOURCES LIMITED ASX: RXL

Rox Resources Limited (ASX: RXL) is an Australian listed company with advanced gold in Western Australia: the Youanmi Gold Project and the Mt Fisher Gold project.

  • Renewed focus on project targeting orogenic gold mineralisation and strata-bound VMS style mineralisation

  • VMS prospectivity identified through extensive project review

  • 160 holes, 7,000 metre Aircore Drilling program commenced at Mt Fisher Gold Project (Rox 100%)

  • RC program circa 4,000m to commence mid November 2021

  • High resolution airborne magnetic survey to commence late November 2021

DIRECTORS

Mr Stephen Dennis Chairman

Mr Alex Passmore Managing Director

  • The Mt Fisher Project includes Gold Mineral Resource of 1.0 Mt @ 2.7 g/t Au for 89,000 ounces contained gold

  • Past production of 30Koz of gold at 4.3 g/t Au from the Mt Fisher gold mine

  • Strong potential to add gold resources

Dr John Mair Non-Executive Director

Shares on Issue 157.6m Share Price $0.38 Market Cap. $60.0m Cash $10.7m (as at 30 Sept 21)

Level 2, 87 Colin Street, West Perth WA 6005

+61 8 9226 0044

[email protected]

____________

West Australian focused gold exploration and development company, Rox Resources Limited (“Rox” or “the Company”) (ASX: RXL) is pleased to provide an update on the Mt Fisher-Mt Eureka.

The Mt Fisher-Mt Eureka Project is located in the Northern Goldfields, about 500km northeast of Kalgoorlie (about 120km east of Wiluna) within the underexplored Mt Eureka greenstone belt. This belt is located 40km east of the prolific Yandal greenstone belt, host of significant gold deposits including Jundee, Bronzewing and Mt McClure.

Rox holds 850km² of the Mt Eureka greenstone belt and surrounding prospective zones (Rox 100% 500km²) and via the Cullen Resources JV, 350km² (Rox currently earning up to 75%, Cullen Resources Limited 25%).

Following the demerger of the Fisher East Nickel Project Rox has renewed its focus on gold exploration in the belt.

Rox has undertaken an extensive project scale review and has planned immediate work to advance the project.

www.roxresources.com.au

A 7,000m aircore drilling program is currently underway targeting orogenic gold mineralisation and VMS style mineralisation over recently defined key target areas on Rox 100% own tenements.

The highly prospective Mt Eureka greenstone terrane hosts extensive orogenic gold mineralisation. Several areas have been identified as drill ready targets. More recently the belt has been recognised as showing potential for VMS Cu-Zn style deposits.

Target areas were identified from existing historic geochemical and geophysical datasets. Furthermore, the review recognised the potential for VMS mineralisation Mt Eureka greenstone belt including Cu, Zn & Au anomalous VMS style exhalative sulphide mineralisation in historical drilling. Additionally, zones of strong multielement geochemical anomalism in regolith (including Au, Cu, Pb and Zn) were identified in several areas throughout the project.

The direct evidence for VMS style mineralisation highlights the belt’s prospectivity for this style of mineralisation. Due to minimal previous VMS exploration across the belt, the entire Mt Eureka greenstone belt is considered prospective for VMS mineralisation. VMS targets are analogous to Teutonic Bore, Jaguar and Bentley, which lie within the same geological terrane.

Outlook and planned work programs

Rox believes that the Mt Fisher – Mt Eureka Project has the potential to host significant sized gold deposits and economic VMS mineralisation.

Immediate exploration work to be undertaken includes:

  • Project wide high resolution aeromagnetic surveying;

  • Reconnaissance aircore drilling over recently defined key target areas; and

  • 4,000m RC program to follow up high-grade intersections.

Reconnaissance aircore drilling (160 aircore holes for 7,000 metres) is currently underway to test the intersection of a regional scale NE trending growth fault with favourable NNW trending stratigraphy. The fault is believed to be a possible feeder conduit, syngenetic with Au and VMS style mineralisation at the Mt Fisher Mine and Dam/Damsel/Dirks gold trend.

Regional Geological Setting

The project area is located within the Eastern Goldfields Superterrane of the Yilgam Craton. The Yilgarn Craton consists of a series of accretionary terranes, where continental collision has added to or thickened the continental crust. Most of the Archean gold deposits in the Yilgarn Craton belong to a group structurally controlled orogenic gold deposits. At the regional scale, most of the Yilgarn's orogenic gold deposits are spatially associated with crustal scale faults in settings where there has been favourable mineralising fluid migration and a gold deposition mechanism. Within greenstone belts of the Eastern Goldfields Superterrane, significant gold deposits are typically distributed along specific regional structures formed under compressional regimes. Due to their association with regional structures, such gold prospects are typically located at the boundaries of contrasting lithologies or age domains within the greenstone belts.

Within greenstone belts, the gold deposits commonly cluster along structures where they are localised at bends/kinks or at the intersection of two or more faults.

The Mt Fisher-Mt Eureka project area straddles the Kurnalpi – Burtville Terrane boundary, with the boundary transecting the greenstone belt. This major NNW trending structure (Hootanui Shear) is potentially a deepseated gold plumbing conduit. Such features are linked to the occurrence of nickel-sulphide and gold deposits. This type of geological setting has the potential to host major gold deposits.

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

2

E: [email protected] www.roxresources.com.au

VMS potential in the Mt Eureka greenstone belt

Rox has established evidence to suggest VMS style mineralisation is responsible for the gold endowment at the Mt Fisher gold prospects (Dam, Damsel, Mt Fisher Mine).

The main favourable criteria are:

  • Extensive strata-bound zone of multi-element anomalism;

  • Strong multi-element VMS pathfinder anomalism; Cu, As, Au + Zn in regolith;

  • Anomalism is consistent throughout thickness of regolith i.e. consistent supergene;

  • Favourable host lithology - underlying lithology is predominantly basalt + volcanic sediments; and

  • Stringer style sulphides known to host mineralisation in some locations.

Previous exploration concentrated on Au and multi-element geochemistry is largely limited to As, Au, Cu, Zn.

The presence of Cu-Zn associated with high-grade Au mineralisation at the Mt Fisher gold prospects (Dam/Damsel/Dirks Gold Trend and Mt Fisher Mine) suggests a possible VMS origin or a VMS system overprinted by an epigenetic (late orogenic) hydrothermal gold.

Additionally, in the northern section of the Mt Eureka area previous air core drilling by Rox identified strong VMS pathfinder multi-elements at Red Bluff (Cu, Zn, Sn and Tl). Two main target horizons have been identified where significant strata-bound anomalism occurs within the sedimentary lithologies.

Gold Mineralisation within the Mt Fisher - Mt Eureka greenstone terrane

Located within the northeastern Yilgarn Craton in Western Australia, the greenstone terrane is a sequence of folded tholeiitic to high magnesium basalts with numerous dolerite to gabbroic intrusive rocks and lesser felsic volcaniclastic, intrusive, interflow sedimentary and talc-chlorite ultramafic rocks. The regolith profile is well developed throughout the project area, with between 10m to 80m of overburden evident in drilling. Mineralisation is found to be hosted in various rock types including nonmagnetic Archean sediments, sulphide facies chert/BIF and mafic/ultramafic volcanics. The greenstone belt is host to multiple high-grade gold occurrences that warrant immediate follow up drilling including: The Mt Fisher Mine, Dam/Damsel/Dirks Gold Trend, Wagtail, SouthernGalway, Grafs Find, Taipan and Eureka North-West (Figure 1).

The historic drilling database covers much of the greenstone belt within the licence area. However, most of the drilling comprises shallow RAB drill holes that failed to test the in-suite regolith profile. Minimal bedrock testing has been carried out and large areas of prospective sequence have not been geochemically drilled. Rox considers that significant potential remains to discover further gold mineralisation.

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

3

E: [email protected] www.roxresources.com.au

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Mt Eureka
Mt Fisher
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Figure 1. Downhole Au, Cu, Zn at Mt Fisher – Eureka Project over 1VDTMI

Key Target Areas

Mt Fisher Mine

Gold mineralisation at the Mt Fisher Mine is strata bound, being contained within the sulphide facies chert horizon. The Mount Fisher deposit is considered to be originally of syngenetic exhalative origin. A well-defined, NE trending fault cross cuts the project area which may represent a major crustal structure that facilitated the placement of mineralised fluids during the region’s major gold event. Total production from the Mt Fisher open pit was reportedly 218,000 tonnes at 4.3 g/t Au for 30koz.

Mineralisation plunges moderately southwards beneath the southern end of the existing open pit mine and is open at depth. Ground EM by Rox in 2012 defined several conductive anomalies that are related to high-grade gold mineralisation. The conductors appear to represent an along strike, down plunge extension of mineralisation from the Mt Fisher mine. The size of the EM anomaly to the south of the Mt Fisher mine indicates potential for a larger body of mineralisation than defined by previous mining. The conductors remain untested at depth.

The current gold resource at the Mt Fisher mine is 230kt @ 3.6g/t Au for 26,000oz (RXL ASX Release 11 July 2018). Planned drilling will test the conductive anomalies and down plunge extension of mineralisation (Figure 2). There is strong potential to add significantly to the gold resource.

ROX RESOURCES LIMITED 4
Level 2, 87 Colin Street,
West Perth WA 6005
+61 8 9226 0044

ASX CODE: RXL E: [email protected] www.roxresources.com.au

The following Figures 2 to 7 include images related to exploration modelling of the Mt Fisher gold prospects. Indicative grade shell models (>1g/t Au, >2g/t Au, >5g/t Au and >10g/t Au) have been generated in Micromine software and are provided for reference only. The images of grade shell models are not an Exploration Target and do not contain nor indicate any estimate of potential size and grade ranges.

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Figure 2. Long section of the Mt Fisher Gold Mine looking west.
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Figure 2. Long-section of the Mt Fisher Mine displaying downhole gold grades and modelled EM conductor plates.

Best results from the Mt Fisher Gold mine are summarised below:

  • PMF056: 9m @ 34.34g/t Au from 67m including 4m @ 74.25g/t Au from 70m;

  • PMF362: 8m @ 14.72g/t Au from 13m including 4m @ 27.4g/t Au from 16m; and

  • PMF061: 13m @ 4.41g/t Au from 80m including 3m @ 11.13g/t Au from 83m.

Dam/Damsel/Dirks Trend

The Dam, Damsel and Dirks Prospects are located approximately 7km SW of the Mt Fisher mine on the western limb of the Wonganoo Anticline. The Dam/Damsel/Dirks corridor is defined a >10km stratabound zone of multielement anomalism (Cu, As, Au and Zn). A NE trending growth fault crosscuts the NW trending stratigraphy is believed to be the likely source of gold mineralisation in the area.

ASX CODE: RXL E: [email protected] www.roxresources.com.au

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

5

Historical drilling is mostly limited to shallow RAB with minimal bedrock testing carried out along the DamDamsel-Dirk corridor.

There is current gold resource at Damsel of 770kt @ 2.2g/t Au for 55,400oz. Primary gold mineralisation strikes north-northwest, dips west and plunges moderately north. The northern plunge was not previously recognised with historical drilling intersecting above the plunging shoot. Planned RC drilling will test the down plunge extension and infill wider spacing drill sections with the aim of adding to the resource at Damsel (Figure 3). At Dam South primary gold mineralisation strikes north-northeast, dips west and plunges moderately south. Planned RC drilling will test the southerly down plunge extension (Figure 4).

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Figure 3. Long-section the Damsel Prospect looking northeast.

Best results from the Damsel Prospect are summarised below:

  • MTFA053: 9m @ 7.12g/t Au from 76m, including 4m @ 12.44g/t Au from 76m;

  • MFAD153: 1m @ 45.63g/t Au from 70m; and

  • MFRC010: 9m @ 4.43g/t Au from 54m, including 2m @ 10.24g/t Au from 57m.

ASX CODE: RXL E: [email protected] www.roxresources.com.au

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

6

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Figure 4. Long-section of the Dam South Prospect looking west.

Wagtail

The Wagtail prospect (also known as Moray Reef) is a typical Archaean narrow vein quartz hosted gold reef system. Historic production from the deposit between 1949 and 1952 produced a reported 2,384 ounces at an average grade of 66 g/t Au. The current gold resource at Wagtail is 30kt @ 7.5g/t Au for 7,700oz. The reef strikes north-south, with an sub-vertical to steep easterly dip. High-grade mineralisation plunges moderately north. Planned RC drilling will test the down plunge extension of high-grade mineralisation (Figure 5).

ROX RESOURCES LIMITED 7 ASX CODE: RXL Level 2, 87 Colin Street, West Perth WA 6005 E: [email protected] +61 8 9226 0044 www.roxresources.com.au

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Figure 5. Long-section of the Wagtail Prospect looking west.

Best results from the Wagtail prospect are summarised below:

  • MTFC002: 5m @ 41.13g/t Au from 44m, including 3m @ 67.94g/t Au from 45m

  • WTRC002: 3m @ 55.14g/t Au from 47m, including 2m @ 81.6g/t Au from 47m; and

  • • MTFC020: 2m @ 32.69g/t Au from 42m.

ASX CODE: RXL E: [email protected] www.roxresources.com.au

ROX RESOURCES LIMITED 8 Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

Shiva

The Shiva Prospect is located to the south and generally along strike of 8km south the Dam-Damsel-Dirk prospects. The gold in regolith anomaly has a broad strike length of over 1 km and overlies a complex zone of mafic extrusive and mafic intrusive lithologies. Primary gold mineralisation strikes north-northwest, dips west and plunges moderately south. Planned RC drilling will test the down plunge extension (Figure 6).

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Figure 6. Long-section of the Shiva Prospect looking east.

Best results from the Shiva prospect are summarised below:

  • MFRC055: 6m @ 2.3 from 114m, including 1m @ 6.01g/t Au from 119m;

  • MFRC056: 4m @ 2.74g/t Au from 66m, including 1m @ 7.09g/t Au from 68m; and

  • • MFA151: 2m @ 3.88g/t Au from 37m, including 1m @ 7.26g/t Au from 37m.

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9
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ASX CODE: RXL E: [email protected] www.roxresources.com.au

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

Mt Eureka

The Mt Eureka gold prospects are characterised by an anomalous gold zone of 15km of strike extent. The project area is host to multiple high-grade gold occurrences including; Southern-Galway, Grafs Find, Taipan and Eureka North-West for further exploration.

Drilling has been insufficient to date to understand the primary geological controls on mineralisation. Further work is planned to fully evaluate the potential of these areas.

Southern-Galway

Mineralisation is possibly localised by an interpreted felsic intrusive and its bounding faults/shears. Best intersections include; 9m @ 7.08g/t Au from 116m, including 2m @ 28.32g/t Au from 120m, and 11m @ 3.3g/t Au from 83m including 2m @ 11.74g/t Au from 89m.

Taipan

Hosted by the Taipan shear zone - the Taipan target area has a best drill intercept of 20m @ 2.28g/t Au from 100m, including 2m @ 9.85g/t Au from 102m. The mineralised system of quartz veining, pyrite and carbonate alteration is hosted by sheared mafic schists over a strike length of 700m

Mt Eureka Northwest

Gold mineralisation is related to quartz veining and shearing in mafics associated with the granite-greenstone contact. Primary gold mineralisation strikes north-northeast, dips east and plunges moderately south

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

10

E: [email protected] www.roxresources.com.au

RC drilling is planned to testing along the granite-greenstone contact. Planned RC drilling will test the down plunge extension of high-grade mineralisation (Figure 7).

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Figure 7. Long-section of the Mt Eureka Northwest Prospect looking east.

Best results from the Mt Eureka prospect are summarised below:

  • YRB175: 3m @ 3.86g/t Au from 29m, including 1m @ 9.87g/t Au from 31m; and

  • MERC055: 11m @ 2.34g/t Au from 68m, including 1m @ 6.41g/t Au from 73m.

Mt Fisher AC drilling

Reconnaissance aircore drilling of 160 holes for 7,000m has commenced to test the intersection of a regional scale NE trending growth fault with favourable NNW trending stratigraphy.

The fault is interpreted as a possible feeder conduit, syngenetic with Au and VMS style mineralisation at the Mt Fisher Mine and Dam-Damsel-Dirk Au trend (Figure 8).

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11
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ASX CODE: RXL
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ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

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Figure 8. Mt Fisher gold prospects over AMAG – Growth fault (magenta line), planned AC lines (blue circles), VTEM targets (yellow ellipse).

12

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

Red Bluff VMS

The northern section of the Mt Eureka area is characterised by a repetitive sequence of ultramafic hanging wall and sedimentary footwall lithologies. AC drilling by Rox identified strong VMS pathfinder multi-elements at Red Bluff (Cu, Zn, Sn and Tl) (Figures 9, 10, 11 and 12). Two main target horizons where significant anomalism occurs are strata-bound within the sediment footwall lithologies. Four RC holes are planned to test for VMS mineralisation at depth.

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Figure 9. Downhole Copper (ppm)

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Figure 10. Downhole Zinc (ppm)

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Figure 11. Downhole Tin (ppm) Figure 12. Downhole Thallium (ppm)

ASX CODE: RXL E: [email protected] www.roxresources.com.au

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

13

VMS potential in the Yilgarn

World-wide and within Australia, VMS orebodies tend to cluster as groups of several individual deposits, usually located on or adjacent to a preferential ore horizon. The location controls are a function of the mechanisms of emplacement by hydrothermal convection cells at or near the sea floor, which are driven by magma heat sources (i.e. volcanism).

At these sites, the hydrothermal fluids tend to exploit common fracture networks and favourable host lithologies. Deposits may occur at, either/or both, the seafloor or subseafloor and in multiple horizons within the lithology sequence. The geodynamics of the hydrothermal convection cells also has a bearing on spacing between deposits within clusters. At a camp scale, individual deposits separated by a few kilometres (2-10km) are common.

Mineralisation is predominantly a pyrite rich massive and semi-massive sulphide with accessory sphalerite, chalcopyrite, galena, pyrrhotite ± various Au/Ag minerals.

Host lithologies are submarine volcanic and sedimentary rocks. This can range from mudstone, shales and sandstones, volcaniclastics, mass flow deposits and breccias, conglomerates through to coherent lavas such as basalt, andesite and rhyolite.

In the Yilgarn there are 3 known economic VMS camps exploited to date:

  1. Golden Grove (40.2Mt @ 1.8% Cu, 0.9% Pb, 7.6% Zn, 103 g/t Ag & 0.8 g/t Au);

  2. Teutonic Bore/Jaguar/Bentley (1.68Mt @ 3.5% Cu, 10.7% Zn, 140g/t Ag; 1.6Mt @ 3.1% Cu, 11.3% Zn, 115g/t Ag; 3.05Mt @ 2.0% Cu, 9.8% Zn, 139g/t Ag); and

  3. Mt Gibson (25.9Mt @ 1.94g/t Au).

Golden Grove and Mt Gibson are in the Youanmi Terrane, while Teutonic Bore is in the Kurnalpi Terrane.

The Mt Fisher-Mt Eureka project area straddles the Kurnalpi – Burtville Terrane boundary, with the boundary transecting the greenstone belt.

The Kurnalpi and Burtville Terranes are both are known to host VMS mineralisation. Additionally, the Burtville Terrane appears to be contemporaneous with the VMS prolific Youanmi Terrane (which hosts Mt Gibson and Golden Grove).

Rox believes the Mt Fisher-Mt Eureka greenstone belt is highly prospective for VMS mineralisation due to favourable geology, geochemical anomalism, and tectonic setting. Moreover, due to internal folding and fault displacement apparent in aeromagnetics and ground mapping, as well as the Mt Fisher belt straddling the Terrane boundary, there is potential for multiple lithological horizons within the belt to host economic VMS style mineralisation.

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

14

E: [email protected] www.roxresources.com.au

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Figure 13. Base-metal occurrences (excluding nickel) within the Yilgarn Craton.

ROX RESOURCES LIMITED 15 ASX CODE: RXL Level 2, 87 Colin Street, West Perth WA 6005 E: [email protected] +61 8 9226 0044 www.roxresources.com.au

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Figure 14. Aircore drilling at Mt Fisher.

ASX CODE: RXL E: [email protected] www.roxresources.com.au

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

16

Authorised for release to the ASX by the Board of Rox Resources Limited.

* ENDS ***

For more information:

Alex Passmore Managing Director Rox Resources Limited Tel: +61 8 9226 0044 E: [email protected]

ASX CODE: RXL E: [email protected] www.roxresources.com.au

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

17

Competent Person Statements

Exploration Results

The information in this report that relates to Data and Exploration Results is based on information compiled and reviewed by Mr Gregor Bennett a Competent Person who is a Member of the Australian Institute Geoscientists (AIG) and Exploration Manager at Rox Resources. Mr Bennett has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Bennett consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Where reference is made to previous releases of exploration results in this announcement, the Company confirms that it is not aware of any new information or data that materially affects the information included in those announcements and all material assumptions and technical parameters underpinning the exploration results included in those announcements continue to apply and have not materially changed.

The information in this report that relates to previous Exploration Results, was either prepared and first disclosed under the JORC Code 2004 or under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX. In the case of the 2004 JORC Code Exploration Results and Mineral Resources, they have not been updated to comply with the JORC Code 2012.

Resource Statements

The information in this report that relates to gold Mineral Resources for the Youanmi Project was reported to the ASX on 23 June 2021 (JORC 2012). Rox confirms that it is not aware of any new information or data that materially affects the information included in the announcement of 23 June 2021, and that all material assumptions and technical parameters underpinning the estimates in the announcement of 23 June 2021 continue to apply and have not materially changed.

The information in this report that relates to gold Mineral Resources for the Mt Fisher project was reported to the ASX on 11 July 2018 (JORC 2012). Rox confirms that it is not aware of any new information or data that materially affects the information included in the announcement of 11 July 2018, and that all material assumptions and technical parameters underpinning the estimates in the announcement of 11 July 2018 continue to apply and have not materially changed.

Forward ‐ Looking Statements

‐ ‐ This document may include forward looking statements. Forward looking statements include, but are not limited to, statements concerning Rox Resources Limited planned exploration program(s) and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may”, "potential," "should," and similar expressions are forward looking statements.

About Rox Resources

Rox Resources (ASX:RXL) is a West Australian focused gold exploration and development company. It is 70 per cent owner and operator of the historic Youanmi Gold Project near Mt Magnet, approximately 480 kilometres northeast of Perth, and wholly-owns the Mt Fisher Gold project approximately 140 kilometres southeast of Wiluna. Youanmi has a Total Mineral Resource of 1,656 koz of contained gold, with potential for further expansion with the integration of existing prospects into the Resource and further drilling. Youanmi was a high-grade gold mine and produced 667,000oz of gold (at 5.47 g/t Au) before it closed in 1997. Youanmi is classified as a disturbed site and is on existing mining leases which has significant existing infrastructure to support a return to mining operations.

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

18

E: [email protected] www.roxresources.com.au

Table 1. Significant historical results (>5 gram metre Au) - Intercepts - 0.5g/t Au lower cut, 1m maximum internal dilution. Higher grade intervals are reported at lower cut-off of 5g/t Au with 1m of internal dilution.

Hole ID Prospect Hole
**Type **		 Depth
From		 Depth
To		 Interval **Aug/t ** Aug*m Col East Col North Col
RL		 Dip Azimuth Hole
Depth
92FIR183 Dam South RAB 24 28 4 2.97 11.88 342488 7025577 534 -90 0 45
93FID002 Dam South DD 50 52 2 4.01 8.02 342640 7025776 534 -46.5 284 326
93FID003 Dam DD 156 160 4 2.52 10.06 342319 7026980 529 -55 272 231
93FIR208 Fisher East RAB 26 29 3 1.78 5.34 360946 7024390 562 -90 0 30
93FIR409 Fisher East RAB 36 45 9 1.82 16.39 358710 7029098 554 -90 0 45
93FIR467 Dam RAB 24 28 4 4.43 17.72 342221 7026785 529 -90 0 42
93FIR475 Dam RAB 32 35 3 1.84 5.52 342032 7027190 527 -90 0 36
93FIR543 Dam South East RAB 30 34 4 13.2 52.81 342934 7023563 536 -90 0 48
Incl 30 31 1 47.15 47.15
93FIR543 Dam South East RAB 38 43 5 1.46 7.3 342934 7023563 536 -90 0 48
93FIR583 Dam RAB 36 39 3 2.43 7.28 342182 7027186 528 -90 0 48
93FIR585 Dam RAB 40 44 4 3.8 15.2 342071 7026789 528 -90 0 46
93FIR599 Dam RAB 2 6 4 1.49 5.96 342087 7027389 527 -90 0 42
93FIR606 Dam RAB 26 34 8 5.09 40.75 342176 7026986 528 -90 0 39
Incl 26 30 4 8.99 35.95
93FIR608 Dam RAB 37 40 3 4.39 13.18 342276 7026984 528 -90 0 63
Incl 38 39 1 7.79 7.79
93FIR609 Dam RAB 32 36 4 4.66 18.64 342326 7026982 529 -90 0 69
93FIR614 Dam RAB 20 24 4 1.9 7.6 342215 7026585 529 -90 0 42
93FIR617 Dam RAB 32 36 4 1.59 6.36 342365 7026581 530 -90 0 45
93FIR626 Dam South RAB 40 48 8 1.27 10.16 342394 7025779 533 -90 0 51
93FIR627 Dam South RAB 44 48 4 2.36 9.44 342444 7025778 534 -90 0 48
93FIR633 Dam South RAB 30 35 5 1.52 7.59 342383 7025379 534 -90 0 63
93FIR683 Dam RAB 27 30 3 1.95 5.86 341737 7027398 527 -90 0 48
93FIR683 Dam RAB 34 37 3 2.6 7.81 341737 7027398 527 -90 0 48
93FIR738 Dam South RAB 40 44 4 1.95 7.8 342344 7025781 533 -90 0 66
93FIR742 Dam South RAB 27 31 4 1.46 5.83 342345 7023979 534 -90 0 45
94FID004 Dam DD 26 30 4 1.42 5.68 342219 7026986 529 -58 258 209
94FID005 Dam DD 212 216 4 3.48 13.9 342133 7027187 528 -87 100 303
94FID005 Dam DD 226 230 4 4.74 18.96 342133 7027187 528 -87 100 303
Incl 228 230 2 8.07 16.14
94FID009 Dam South DD 84 96 12 0.81 9.76 342345 7025786 533 -73.5 103.5 285
94FID009 Dam South DD 178 186 8 0.78 6.26 342345 7025786 533 -73.5 103.5 285
94FID012 Dam DD 64 66 2 3.11 6.22 342031 7027186 527 -50.1 244 202
94FID015 Dam South East DD 40 42 2 8.85 17.7 343039 7023972 536 -63.5 267 202
94FID015 Dam South East DD 68 72 4 2.78 11.1 343039 7023972 536 -63.5 267 202
94FID018 Dam South DD 30 34 4 1.52 6.06 342312 7023779 534 -65.9 265.5 202
94FIR1108 Dam South RAB 26 29 3 1.79 5.36 342300 7024181 535 -90 0 61
94FIR1150 Dam South RAB 28 32 4 2.32 9.27 342238 7025584 533 -90 0 53
Incl 28 29 1 7.49 7.49
94FIR784 Dam North RAB 33 39 6 2.6 15.59 341430 7029008 524 -90 0 60
Incl 33 34 1 6.59 6.59
94FIR809 Dam South East RAB 28 31 3 5.55 16.66 342956 7024363 536 -90 0 51
Incl 28 29 1 15.9 15.9
94FIR909 Dam South East RAB 38 45 7 1.13 7.9 342890 7023765 536 -90 0 45
94FIR915 Dam South East RAB 46 48 2 4.15 8.3 343100 7024159 537 -90 0 72
Incl 47 48 1 7.43 7.43
94FIR928 Dam South East RAB 51 53 2 3.52 7.04 342911 7024565 536 -90 0 87
94FIR928 Dam South East RAB 60 63 3 2.06 6.17 342911 7024565 536 -90 0 87
94FIR938 Dam South East RAB 26 28 2 5.45 10.9 343017 7024762 536 -90 0 73
94FIR939 Dam South East RAB 25 26 1 6.5 6.5 343067 7024761 536 -90 0 69
94FIR940 Dam South East RAB 52 56 4 1.34 5.36 343022 7024962 537 -90 0 75
94FIR942 Dam South East RAB 25 28 3 2.15 6.44 342922 7024965 536 -90 0 87
94FIR942 Dam South East RAB 86 87 1 8.28 8.28 342922 7024965 536 -90 0 87
95FIR1191 Fisher East RAB 19 29 10 5 49.98 360614 7024893 568 -60 241 72
Incl 20 21 1 7.95 7.95
Incl 23 25 2 13.11 26.22
95FIR1224 Dam South East RAB 66 69 3 2.73 8.19 342948 7024063 536 -90 0 85
95FIR1225 Dam South East RAB 43 47 4 1.37 5.48 342998 7024062 536 -90 0 76
95FIR1231 Dam South East RAB 37 40 3 2.27 6.8 342903 7024265 536 -90 0 88
95FIR1248 Dam North RAB 30 36 6 1.84 11.06 341572 7028704 525 -90 0 63
95FIR1250 Dam North RAB 53 57 4 2.07 8.28 341672 7028701 525 -90 0 80

19

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

Incl 53 54 1 5.42 5.42
95FIR1251 Dam North RAB 33 36 3 2.17 6.52 341722 7028700 525 -90 0 103
Incl 35 36 1 5.66 5.66
95FIR1254 Dam North RAB 36 48 12 0.8 9.56 341872 7028696 526 -90 0 99
95FIR1254 Dam North RAB 64 72 8 2.91 23.24 341872 7028696 526 -90 0 99
95FIR1295 Dirks RAB 20 24 4 1.69 6.76 344750 7022776 540 -90 0 72
95FIR1301 Dirks RAB 4 8 4 1.37 5.48 344951 7022377 541 -90 0 75
96FIR1716 Dam RAB 25 27 2 2.66 5.32 342124 7026888 528 -60 271.6 74
96FIR1739 Dam RAB 33 40 7 1.25 8.78 342220 7026735 529 -60 271.6 60
96FIR1740 Dam RAB 25 28 3 2.63 7.9 342270 7026734 529 -60 271.6 75
Incl 27 28 1 5.25 5.25
96FIR1754 Dam RAB 31 35 4 3.11 12.42 342278 7027034 529 -60 271.6 54
Incl 31 32 1 10 10
96FIR1761 Dam RAB 16 20 4 1.75 7.01 342180 7027136 528 -60 271.6 55
Incl 16 17 1 5.36 5.36
96FIR1761 Dam RAB 36 39 3 2.73 8.18 342180 7027136 528 -60 271.6 55
Incl 36 37 1 5.83 5.83
96FIR1772 Dam RAB 60 62 2 5.91 11.82 341936 7027343 527 -60 271.6 101
Incl 61 62 1 10.4 10.4
96FIR1835 Dam RAB 24 28 4 1.77 7.09 342217 7026635 529 -60 271.6 62
96FIR1840 Dam RAB 53 54 1 9.23 9.23 342268 7026684 529 -60 271.6 80
96FIR1841 Dam RAB 22 24 2 16.65 33.29 342318 7026682 529 -60 271.6 72
96FIR1841 Dam RAB 35 40 5 3.39 16.93 342318 7026682 529 -60 271.6 72
Incl 35 36 1 12.3 12.3
96FIR1849 Dam RAB 70 75 5 1.21 6.06 341979 7027092 527 -60 271.6 83
96FIR1856 Dam RAB 2 7 5 1.56 7.81 342090 7027489 527 -60 271.6 63
96FIR1863 Dam RAB 41 45 4 1.78 7.1 341904 7027094 527 -60 271.6 80
96FIR1893 Dam South RAB 65 69 4 1.72 6.88 342380 7025280 534 -60 271.6 80
DDC11 Damsel RC 102 104 2 3.1 6.19 342749 7027562 529 -47 89 180
Incl 103 104 1 5.57 5.57
DDC12 Damsel RC 155 164 9 2.31 20.78 342652 7027567 529 -57 94 170
Incl 155 156 1 8.12 8.12
DDC17 Damsel RC 114 115 1 7.28 7.28 342408 7027381 528 -60 90 198
DDC17 Damsel RC 167 172 5 2.04 10.19 342408 7027381 528 -60 90 198
Incl 170 171 1 5.92 5.92
DDC2 Dam South East RC 46 51 5 1.23 6.15 342876 7023653 536 -58 94 150
DDC3 Dam South RC 95 97 2 2.63 5.25 342289 7025279 534 -50.5 99 203
DDC3 Dam South RC 102 106 4 2.66 10.63 342289 7025279 534 -50.5 99 203
Incl 102 103 1 9.2 9.2
DDC3 Dam South RC 149 155 6 1.08 6.48 342289 7025279 534 -50.5 99 203
DDC4 Dam South RC 104 106 2 2.51 5.02 342252 7025386 533 -56 96 138
DDC8 Damsel RC 96 103 7 1.01 7.05 342568 7027982 528 -47 95 186
DDC8 Damsel RC 114 121 7 1.31 9.15 342568 7027982 528 -47 95 186
DDC8 Damsel RC 128 136 8 3.2 25.57 342568 7027982 528 -47 95 186
Incl 128 129 1 16.56 16.56
DDD9 Damsel DD 156 165 9 1.16 10.4 342508 7027980 528 -50 105 283.7
EER-39 Mt Eureka RAB 12 14 2 3.43 6.86 356189 7061072 506 -90 0 16
EXAC291 Irwin AC 16 20 4 2.35 9.39 353155 7043188 536 -60 270.7 20
FERC6 Fish Head RC 103 110 7 2.54 17.77 357294 7030717 543 -57 240 150
Incl 104 105 1 9.34 9.34
IBAC030 Mt Eureka AC 48 51 3 2.02 6.06 354046 7056760 516 -60 207 72
IBAC035 Mt Eureka AC 51 54 3 1.84 5.52 353955 7056959 517 -60 214 99
IBRC03 Mt Eureka RC 73 81 8 2.35 18.79 353224 7043239 537 -60 270 120
Incl 73 74 1 6.23 6.23
Incl 78 79 1 5.03 5.03
MEAC02 Mt Eureka AC 22 27 5 1.37 6.83 355027 7049971 532 -90 0 92
MEAC03 Mt Eureka AC 39 40 1 17.44 17.44 355048 7050131 530 -90 0 90
MEAC03 Mt Eureka AC 48 52 4 3.41 13.62 355048 7050131 530 -90 0 90
Incl 50 51 1 5.77 5.77
MEAC122 Mt Eureka AC 25 26 1 16.99 16.99 354036 7056259 519 -90 0 54
MEAC13 Mt Eureka AC 32 33 1 7.85 7.85 354136 7056538 518 -90 0 52
MEAC130 Mt Eureka AC 38 40 2 2.86 5.72 354036 7056059 516 -90 0 63
MEAC130 Mt Eureka AC 42 48 6 3.64 21.84 354036 7056059 516 -90 0 63
Incl 44 46 2 6.76 13.52
MEAC133 Mt Eureka AC 35 38 3 3 9 353886 7056059 515 -90 0 54
Incl 35 36 1 7.72 7.72
MEAC14 Mt Eureka AC 56 58 2 40.99 81.98 354336 7056531 520 -90 0 84

ROX RESOURCES LIMITED

20

ASX CODE: RXL

Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

Incl 56 57 1 80.54 80.54
MEAC147 Mt Eureka AC 11 15 4 1.88 7.51 353900 7055950 516 -90 0 54
Incl 13 14 1 5.48 5.48
MEAC147 Mt Eureka AC 17 22 5 1.8 9.02 353900 7055950 516 -90 0 54
MEAC147 Mt Eureka AC 44 46 2 7.73 15.47 353900 7055950 516 -90 0 54
Incl 44 45 1 14.29 14.29
MEAC147 Mt Eureka AC 49 50 1 9.32 9.32 353900 7055950 516 -90 0 54
MEAC15 Mt Eureka AC 58 63 5 2.26 11.3 354236 7056531 519 -90 0 63
MEAC156 Mt Eureka AC 47 55 8 5.96 47.71 353950 7055850 516 -90 0 74
Incl 47 50 3 10.04 30.11
MEAC157 Mt Eureka AC 57 60 3 1.72 5.15 354000 7055850 517 -90 0 61
MEAC1807
2		 Mt Eureka AC 15 20 5 1.16 5.8 354094 7056495 518 -60 225 58
MEAC1807
3		 Mt Eureka AC 60 65 5 1.04 5.2 354112 7056510 518 -60 225 72
MEAC189 Mt Eureka AC 56 58 2 4.58 9.16 353925 7055945 517 -90 0 86
Incl 56 57 1 8.48 8.48
MEAC192 Mt Eureka AC 44 48 4 1.47 5.88 354000 7056000 516 -90 0 62
MEAC223 Mt Eureka AC 56 58 2 6.26 12.52 354243 7056544 520 -60 290 113
Incl 57 58 1 7.85 7.85
MEAC227 Mt Eureka AC 8 9 1 11.94 11.94 354357 7056542 519 -60 290 64
MEAC229 Mt Eureka AC 46 51 5 1.23 6.16 354357 7056597 519 -60 290 51
MEAC233 Mt Eureka AC 35 36 1 6.15 6.15 354135 7056540 518 -60 290 41
MEAC235 Mt Eureka AC 35 37 2 2.64 5.28 354054 7056502 518 -60 290 50
MEAC237 Mt Eureka AC 21 26 5 1.1 5.49 354089 7056543 519 -60 290 32
MEAC26 Mt Eureka AC 73 75 2 6.99 13.97 355092 7052021 524 -60 290 93
Incl 73 74 1 11 11
MEAC310 Mt Eureka AC 22 28 6 1.14 6.86 356275 7061106 504 -60 290 104
MEAC314 Mt Eureka AC 35 37 2 6.34 12.67 355049 7050153 530 -60 290 50
Incl 36 37 1 12.1 12.1
MEAC318 Mt Eureka AC 68 72 4 1.63 6.52 355049 7050091 532 -60 290 80
MEAC321 Mt Eureka AC 35 37 2 5.01 10.01 355029 7050058 533 -60 290 92
Incl 35 36 1 9.1 9.1
MEAC322 Mt Eureka AC 58 61 3 1.67 5.02 355048 7050049 534 -60 290 107
MEAC34 Mt Eureka AC 48 52 4 2.24 8.96 354186 7056534 518 -90 0 87
MEAC34 Mt Eureka AC 71 77 6 1.2 7.17 354186 7056534 518 -90 0 87
MEAC35 Mt Eureka AC 28 31 3 3.03 9.09 354086 7056537 518 -90 0 82
Incl 29 30 1 5.18 5.18
MEAC35 Mt Eureka AC 73 75 2 6.41 12.83 354086 7056537 518 -90 0 82
MEAC44 Mt Eureka AC 28 31 3 2.17 6.5 354038 7056137 517 -90 0 63
MEAC63 Mt Eureka AC 39 42 3 7.3 21.91 354386 7056759 520 -90 0 102
Incl 39 40 1 18.77 18.77
MEAC71 Mt Eureka AC 60 66 6 1.35 8.1 354086 7056459 518 -90 0 75
MEAC79 Mt Eureka AC 44 48 4 1.46 5.85 354186 7056359 520 -90 0 87
MER105 Mt Eureka RAB 60 96 36 0.89 31.98 354988 7049982 532 -90 0 98
MERC011 Mt Eureka RC 30 32 2 4 7.99 354951 7049996 531 -60 290 113
Incl 30 31 1 6.91 6.91
MERC011 Mt Eureka RC 98 104 6 1.72 10.33 354951 7049996 531 -60 290 113
Incl 103 104 1 7.08 7.08
MERC012 Mt Eureka RC 62 66 4 1.26 5.03 355026 7049968 532 -60 290 125
MERC012 Mt Eureka RC 98 103 5 2.73 13.65 355026 7049968 532 -60 290 125
Incl 98 99 1 7.4 7.4
MERC012 Mt Eureka RC 117 119 2 2.87 5.73 355026 7049968 532 -60 290 125
MERC016 Mt Eureka RC 36 42 6 1 6.02 355016 7050057 532 -60 200 91
MERC016 Mt Eureka RC 68 70 2 3.34 6.68 355016 7050057 532 -60 200 91
MERC017 Mt Eureka RC 36 40 4 1.5 5.98 355019 7050066 532 -60 200 147
MERC017 Mt Eureka RC 108 112 4 3.21 12.84 355019 7050066 532 -60 200 147
MERC018 Mt Eureka RC 38 44 6 1.61 9.64 355043 7050132 530 -60 200 119
MERC022 Mt Eureka RC 100 120 20 2.28 45.58 355118 7050105 532 -60 290 126
Incl 102 104 2 9.85 19.7
MERC026 Mt Eureka RC 64 68 4 1.71 6.84 354886 7049849 534 -60 290 100
MERC028 Mt Eureka RC 34 36 2 2.88 5.76 354670 7048991 535 -60 290 90
MERC051 Mt Eureka RC 109 114 5 1.38 6.88 353265 7043240 536 -60 270 140
MERC055 Mt Eureka RC 68 79 11 2.34 25.76 353547 7061536 509 -60 270 107
Incl 73 74 1 6.41 6.41
MERC059 Mt Eureka RC 55 61 6 1.89 11.31 354206 7056515 518 -60 315 140
MERC059 Mt Eureka RC 100 105 5 1.9 9.51 354206 7056515 518 -60 315 140

ROX RESOURCES LIMITED

21

ASX CODE: RXL

Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

MERC060 Mt Eureka RC 45 49 4 3.75 14.98 354245 7056484 519 -60 315 140
Incl 45 46 1 13.29 13.29
MERC060 Mt Eureka RC 83 94 11 3.3 36.28 354245 7056484 519 -60 315 140
Incl 89 91 2 11.74 23.48
MERC061 Mt Eureka RC 35 40 5 3.5 17.52 354104 7056524 518 -60 315 89
Incl 38 39 1 11.09 11.09
MERC062 Mt Eureka RC 46 55 9 1.95 17.57 354134 7056488 518 -60 315 140
Incl 53 54 1 6.69 6.69
MERC062 Mt Eureka RC 62 71 9 1.81 16.31 354134 7056488 518 -60 315 140
MERC063 Mt Eureka RC 90 94 4 1.26 5.02 354173 7056450 519 -60 315 140
MERC065 Mt Eureka RC 68 71 3 5.32 15.95 354105 7056443 518 -60 315 140
Incl 68 69 1 14.43 14.43
MERC066 Mt Eureka RC 113 117 4 1.65 6.6 354139 7056408 519 -60 315 140
MERC068 Mt Eureka RC 53 59 6 0.95 5.67 354296 7056529 521 -60 270 110
MERC072 Mt Eureka RC 77 82 5 1.08 5.4 354098 7056063 518 -60 270 100
MERC074 Mt Eureka RC 50 53 3 6.94 20.81 354298 7056538 521 -60 315 130
Incl 50 52 2 10.01 20.02
MERC074 Mt Eureka RC 109 111 2 2.51 5.01 354298 7056538 521 -60 315 130
MERC074 Mt Eureka RC 116 125 9 7.08 63.75 354298 7056538 521 -60 315 130
Incl 120 122 2 28.32 56.64
MERC075 Mt Eureka RC 98 103 5 9.57 47.86 354330 7056506 521 -60 315 142
Incl 98 100 2 22.08 44.16
MERC075 Mt Eureka RC 105 107 2 4.43 8.86 354330 7056506 521 -60 315 142
Incl 105 106 1 7.34 7.34
MERC075 Mt Eureka RC 135 141 6 1.06 6.33 354330 7056506 521 -60 315 142
MERC076 Mt Eureka RC 69 71 2 4.4 8.8 354137 7056594 518 -60 90 136
Incl 69 70 1 7.93 7.93
MERC079 Mt Eureka RC 97 100 3 1.75 5.25 353568 7061537 509 -60 270 164
MERC081 Mt Eureka RC 120 123 3 1.67 5.01 354343 7056492 523 -60 315 202
MERC082 Mt Eureka RC 46 54 8 0.87 6.94 354297 7056488 521 -60 315 148
MERC110 Mt Eureka RC 183 192 9 1.38 12.42 354348 7056694 519 -90 0 234
MERC110 Mt Eureka RC 204 206 2 3.17 6.34 354348 7056694 519 -90 0 234
MERC112 Mt Eureka RC 157 168 11 2.45 26.94 354200 7056647 518 -90 0 222
Incl 162 163 1 5.04 5.04
MERC115 Mt Eureka RC 209 214 5 2.4 12 354352 7056736 518 -90 0 258
Incl 211 212 1 7.91 7.91
MERC134_
B		 Mt Eureka RC 95 100 5 7.84 39.19 353937 7055945 517 -59.1 267.5 104
MERC135 Mt Eureka RC 70 75 5 1.37 6.85 353979 7055945 516 -62.5 268 98
MERC141 Mt Eureka RC 35 40 5 1.58 7.92 353960 7055856 516 -57.8 265 110
MFA107 Shiva AC 30 37 7 1.78 12.49 343538 7017559 536 -60 90 74
MFA107 Shiva AC 44 47 3 3.53 10.6 343538 7017559 536 -60 90 74
Incl 46 47 1 6.8 6.8
MFA107 Shiva AC 60 63 3 1.75 5.26 343538 7017559 536 -60 90 74
MFA144 Shiva AC 3 10 7 2.57 17.98 343618 7017329 537 -60 90 52
MFA151 Shiva AC 37 39 2 3.88 7.76 343488 7017759 536 -60 90 63
Incl 37 38 1 7.26 7.26
MFA152 Damsel AC 57 64 7 1.23 8.62 342640 7027758 528 -60 90 104
MFA165 Dam AC 49 54 5 1.25 6.25 341688 7027293 527 -60 90 97
MFA166 Dirks AC 49 53 4 2.34 9.34 344538 7024860 541 -60 90 77
MFA214 Damsel AC 75 78 3 8 24.01 342458 7027377 529 -60 90 125
MFA225 Damsel AC 37 39 2 7.56 15.12 343058 7026360 535 -60 90 81
Incl 37 38 1 12.4 12.4
MFA236 Dirks AC 60 65 5 1.08 5.4 344548 7025960 540 -60 90 92
MFA237 Dirks AC 100 105 5 1.78 8.9 344468 7025960 540 -60 90 114
MFA254 Dirks AC 54 56 2 13.74 27.47 344348 7026360 541 -60 90 106.5
MFA74 Dam AC 0 4 4 1.28 5.11 341787 7027282 527 -60 90 87
MFA75 Dam AC 1 5 4 1.4 5.59 341734 7027285 527 -60 90 99
MFA89 Damsel AC 42 47 5 3.37 16.84 342616 7027557 529 -60 90 68
Incl 45 46 1 11.5 11.5
MFA89 Damsel AC 48 51 3 1.7 5.09 342616 7027557 529 -60 90 68
MFAC055 Dirks AC 33 35 2 4.8 9.6 344479 7026448 540 -60 90 125
Incl 33 34 1 7.05 7.05
MFAC062 Dirks AC 88 92 4 2.38 9.52 344401 7025745 540 -60 90 93
Incl 91 92 1 5.39 5.39
MFAC108 Dam North AC 60 65 5 2.92 14.59 341445 7029502 523 -60 90 92
Incl 60 61 1 10.5 10.5

ROX RESOURCES LIMITED

==> picture [14 x 8] intentionally omitted <==

----- Start of picture text -----

22
----- End of picture text -----

ASX CODE: RXL

Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

MFAC109 Dam North AC 51 52 1 12.66 12.66 341363 7029501 523 -60 90 70
MFAC146 Damsel AC 30 33 3 2.51 7.54 343041 7026557 534 -60 90 63
MFAC151 Damsel AC 109 111 2 2.8 5.6 343281 7026155 537 -60 90 117
Incl 109 110 1 5.1 5.1
MFAC158 Dirks AC 62 64 2 7.36 14.71 344362 7026260 541 -60 90 111
Incl 63 64 1 9.73 9.73
MFAC158 Dirks AC 72 74 2 4.02 8.04 344362 7026260 541 -60 90 111
MFAC192 Shiva AC 21 23 2 3.4 6.79 343572 7017435 536 -60 90 44
MFAD153 Damsel DD 59 66 7 1.36 9.5 342587 7027756 528 -60 90 138
MFAD153 Damsel DD 70 71 1 45.63 45.63 342587 7027756 528 -60 90 138
MFAD153 Damsel DD 93 95 2 3.3 6.59 342587 7027756 528 -60 90 138
Incl 93 94 1 5.37 5.37
MFAD153 Damsel DD 103 122 19 1.47 27.86 342587 7027756 528 -60 90 138
MFB080 Wagtail RAB 25 28 3 2.98 8.95 350988 7029360 556 -60 270 51
Incl 25 26 1 5.74 5.74
MFDD001 Dam DD 120.8 126.6 5.8 1.92 11.11 342250 7027000 542 -59.2 339.5 413.3
MFDD001 Dam DD 155 159.4 4.4 2.34 10.28 342250 7027000 542 -59.2 339.5 413.3
MFDD001 Dam DD 163.5 166.9 3.4 1.64 5.58 342250 7027000 542 -59.2 339.5 413.3
MFDD001 Dam DD 319 322 3 2.31 6.92 342250 7027000 542 -59.2 339.5 413.3
MFRC001 Damsel RC 205 206 1 8.4 8.4 342434 7027981 527 -55.9 92.2 300
MFRC004 Dam RC 105 113 8 3.22 25.73 342120 7027036 528 -61.9 96 259
Incl 106 110 4 5.57 22.26
MFRC004 Dam RC 142 144 2 3.22 6.43 342120 7027036 528 -61.9 96 259
Incl 142 143 1 5.79 5.79
MFRC004 Dam RC 149 151 2 4.83 9.65 342120 7027036 528 -61.9 96 259
Incl 149 150 1 8.34 8.34
MFRC005 Dam RC 128 134 6 1.64 9.83 342126 7027136 528 -49.9 87 314
Incl 129 130 1 5.91 5.91
MFRC010 Damsel RC 40 41 1 5.51 5.51 342594 7027570 529 -63.2 90 264
MFRC010 Damsel RC 43 51 8 1.96 15.7 342594 7027570 529 -63.2 90 264
Incl 45 46 1 5.96 5.96
MFRC010 Damsel RC 54 63 9 4.43 39.87 342594 7027570 529 -63.2 90 264
Incl 57 59 2 10.24 20.47
MFRC011 Damsel RC 176 180 4 1.61 6.43 342496 7027845 528 -54.2 90 213
MFRC012 Mt Fisher RC 147 150 3 3.87 11.6 349584 7029542 550 -55.6 289 164
Incl 148 149 1 8.51 8.51
MFRC016 Damsel RC 135 139 4 1.4 5.6 342530 7027978 528 -55.6 88 178
MFRC016 Damsel RC 141 144 3 1.84 5.51 342530 7027978 528 -55.6 88 178
MFRC016 Damsel RC 159 169 10 1.03 10.32 342530 7027978 528 -55.6 88 178
MFRC018 Damsel RC 119 127 8 2.71 21.67 342539 7027845 528 -64.4 87.4 170
Incl 120 121 1 6.7 6.7
Incl 123 124 1 5.96 5.96
MFRC019 Damsel RC 46 58 12 2.28 27.38 342612 7027752 528 -62.2 85.3 110
Incl 48 49 1 5.12 5.12
Incl 55 56 1 7.67 7.67
MFRC020 Damsel RC 52 53 1 7.83 7.83 342558 7027756 528 -64.6 88 152
MFRC020 Damsel RC 72 74 2 7.86 15.72 342558 7027756 528 -64.6 88 152
Incl 72 73 1 15.09 15.09
MFRC020 Damsel RC 103 105 2 2.88 5.75 342558 7027756 528 -64.6 88 152
Incl 103 104 1 5.14 5.14
MFRC021 Damsel RC 61 66 5 1.9 9.51 342594 7027667 528 -61.1 90 100
MFRC023 Damsel RC 39 42 3 2.22 6.67 342622 7027565 529 -60.6 92.7 70
MFRC024 Damsel RC 71 74 3 4.9 14.7 342572 7027567 529 -61.8 86.6 100
Incl 72 73 1 10.43 10.43
MFRC027 Mt Fisher Mine RC 126 132 6 3.75 22.49 349569 7029550 550 -54.6 291 145
Incl 129 130 1 14.69 14.69
MFRC029 Mt Fisher Mine RC 158 160 2 4.78 9.56 349568 7029507 551 -69.1 283.7 177
Incl 159 160 1 8.35 8.35
MFRC033 Regional RC 263 268 5 1.58 7.92 349651 7029253 552 -60.4 282.6 318
MFRC055 Shiva RC 84 89 5 1.03 5.17 343505 7017562 537 -
50.95		 92.91 140
MFRC055 Shiva RC 112 120 8 1.91 15.25 343505 7017562 537 -
50.95		 92.91 140
Incl 119 120 1 6.01 6.01
MFRC056 Shiva RC 58 64 6 1.19 7.11 343467 7017672 536 -
47.92		 91.53 130

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

23

E: [email protected] www.roxresources.com.au

MFRC056 Shiva RC 66 70 4 2.74 10.97 343467 7017672 536 -
47.92		 91.53 130
Incl 68 69 1 7.09 7.09
MFRC058 Shiva RC 33 40 7 1.09 7.66 343547 7017436 538 -
54.74		 91.56 124
MRRC002 Wagtail RC 141 143 2 4.36 8.71 350174 7028245 559 -63.6 269.7 163
Incl 141 142 1 5.92 5.92
MRRC003 Wagtail RC 61 64 3 15.88 47.65 350126 7028225 559 -59.6 268.1 73
Incl 62 64 2 22.72 45.43
MRRC005 Wagtail RC 49 53 4 8.74 34.96 350118 7028162 559 -59.3 270 58
Incl 49 50 1 32.67 32.67
MTE19 Mt Eureka RAB 72 80 8 1.99 15.92 354849 7049596 537 -60 290 88
MTE33 Mt Eureka RAB 4 8 4 2 8 354788 7050117 532 -60 290 58
MTE72 Mt Eureka RAB 0 4 4 2.3 9.2 355147 7050243 531 -60 290 50
MTEC2 Mt Eureka RC 80 93 13 1.53 19.83 354789 7049618 537 -90 0 120
MTEC3 Mt Eureka RC 61 63 2 3.13 6.26 354799 7049501 539 -60 285 90
MTEC4 Mt Eureka RC 70 80 10 0.61 6.1 354840 7049599 537 -90 0 120
MTEC4 Mt Eureka RC 100 110 10 1.07 10.7 354840 7049599 537 -90 0 120
MTEC6 Mt Eureka AC 60 65 5 5.82 29.1 354857 7049647 538 -60 290 95
MTFA039 Dirks AC 48 52 4 1.38 5.52 344460 7026750 541 -90 0 77
MTFA053 Damsel AC 76 85 9 7.12 64.08 342600 7027700 528 -90 0 85
Incl 76 80 4 12.44 49.76
MTFA054 Damsel AC 8 12 4 2.2 8.8 342650 7027700 529 -90 0 71
MTFA058 Damsel AC 0 4 4 2.2 8.8 342650 7027470 529 -90 0 59
MTFA058 Damsel AC 16 24 8 0.65 5.2 342650 7027470 529 -90 0 59
MTFA065 Dam AC 36 40 4 2.3 9.2 341850 7027500 527 -90 0 75
MTFA071 Dam AC 36 40 4 2.1 8.4 341700 7027240 527 -90 0 60
MTFA076 Dam AC 72 75 3 1.77 5.31 342250 7027020 529 -90 0 75
MTFA083 Dam AC 32 36 4 1.41 5.64 342450 7026750 530 -90 0 65
MTFA091 Dam AC 40 48 8 3.95 31.6 342000 7026750 528 -90 0 53
MTFA112 Dam South AC 40 44 4 1.44 5.76 342550 7025420 535 -90 0 45
MTFA115 Dam South AC 48 56 8 2.15 17.2 342400 7025420 534 -90 0 66
MTFA116 Dam South AC 40 48 8 1.72 13.76 342350 7025420 534 -90 0 63
MTFA119 Dam South AC 12 16 4 2 8 342200 7025420 533 -90 0 47
MTFA124 Dam South East AC 36 44 8 4.14 33.08 342950 7024860 536 -90 0 54
Incl 40 44 4 6.8 27.2
MTFA125 Dam South East AC 32 40 8 1.61 12.84 342900 7024860 536 -90 0 72
MTFA130 Dam South East AC 40 48 8 1.33 10.6 342950 7024460 536 -90 0 51
MTFC002 Wagtail RC 44 49 5 41.13 205.65 350070 7028222 559 -60 90 60
Incl 45 48 3 67.94 203.82
MTFC003 Wagtail RC 41 44 3 2.64 7.92 350071 7028182 560 -60 90 60
Incl 41 42 1 6.98 6.98
MTFC006 Wagtail RC 45 48 3 20.57 61.71 350074 7028061 559 -60 90 66
Incl 45 46 1 59.99 59.99
MTFC007 Wagtail RC 20 23 3 2.29 6.86 350077 7028262 558 -60 90 36
Incl 20 21 1 6.26 6.26
MTFC008 Wagtail RC 46 50 4 2.26 9.05 350067 7028242 559 -60 90 60
Incl 49 50 1 6.95 6.95
MTFC009 Wagtail RC 71 75 4 47.59 190.36 350057 7028242 559 -60 90 84
Incl 71 72 1 188.9 188.9
MTFC010 Wagtail RC 43 50 7 4.03 28.21 350070 7028202 559 -60 90 60
Incl 47 48 1 17.5 17.5
MTFC011 Wagtail RC 77 79 2 3.29 6.58 350059 7028202 559 -60 90 88
MTFC012 Wagtail RC 20 23 3 7.59 22.77 350103 7028162 560 -60 270 36
Incl 21 23 2 10.86 21.72
MTFC020 Wagtail RC 42 44 2 32.69 65.38 350114 7028162 560 -60 270 60
Incl 42 43 1 64.88 64.88
MTFC022 Wagtail RC 85 88 3 6.89 20.66 350137 7028243 558 -58 270 101
MTFC023 Wagtail RC 61 63 2 25.16 50.32 350126 7028223 559 -59 270 71
Incl 61 62 1 49.82 49.82
MTFC024 Wagtail RC 78 82 4 1.26 5.03 350137 7028223 559 -59 270 95
MTFC025 Wagtail RC 97 101 4 2.43 9.7 350149 7028223 559 -58.5 270 109
MTFC026 Wagtail RC 79 81 2 4.33 8.66 350137 7028203 559 -59 270 91
Incl 79 80 1 5.1 5.1
MTFC027 Wagtail RC 65 66 1 9.71 9.71 350127 7028183 560 -59 270 77
MTFC031 Wagtail RC 84 86 2 3.04 6.07 350137 7028163 560 -60 270 100
MTFC033 Wagtail RC 19 24 5 1.15 5.74 350103 7028143 560 -59 270 40

ROX RESOURCES LIMITED

Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

24

ASX CODE: RXL

E: [email protected] www.roxresources.com.au

MTFC036 Wagtail RC 61 63 2 6.47 12.94 350122 7028263 558 -58 270 76
Incl 62 63 1 11.55 11.55
MTFC037 Wagtail RC 86 92 6 2.05 12.27 350135 7028263 558 -58 270 100
Incl 86 87 1 7.56 7.56
MTFC044 Wagtail RC 46 49 3 18.54 55.63 350109 7028283 557 -57.5 270 59
Incl 46 47 1 54.36 54.36
MTFC049 Wagtail RC 36 39 3 3.39 10.17 350114 7028122 560 -60 270 52
Incl 36 37 1 8.69 8.69
MTFC062 Wagtail RC 92 94 2 10.19 20.38 350153 7028063 560 -58 270 106
Incl 92 93 1 19.79 19.79
NEWDUGA
0013		 Mt Eureka AC 60 63 3 3.01 9.03 354830 7047860 541 -60 269 63
NEWDUGA
0096		 Mt Eureka AC 124 128 4 1.58 6.32 354870 7048160 541 -60 269 128
NEWEURA
0024		 Mt Eureka AC 72 76 4 2.14 8.56 356460 7061240 505 -60 269 90
NEWGUN
A0070		 Mt Eureka AC 28 32 4 2.98 11.92 354329 7057578 518 -60 274 69
NEWGUN
A0089		 Mt Eureka AC 32 36 4 2.4 9.6 354326 7057262 517 -60 270 94
NEWGUN
A0104		 Mt Eureka AC 12 20 8 2.69 21.48 354962 7057142 519 -60 266 53
NEWGUN
D0002		 Mt Eureka DD 193 199 6 1.09 6.53 354400 7056390 521 -50 315 480.3
NRC003 Nile RC 0 6 6 1.09 6.53 344758 7023175 541 -59.7 271.7 148
NRC003 Nile RC 25 29 4 1.28 5.1 344758 7023175 541 -59.7 271.7 148
NRC003 Nile RC 33 39 6 1.23 7.39 344758 7023175 541 -59.7 271.7 148
NRC003 Nile RC 107 111 4 3.44 13.77 344758 7023175 541 -59.7 271.7 148
Incl 107 109 2 5.23 10.46
PMF001 Mt Fisher RC 33 35 2 2.96 5.92 349512 7029748 556 -70 295 43
PMF009 Mt Fisher RC 65 69 4 4.93 19.7 349518 7029723 553 -70 293 69
Incl 65 67 2 6.9 13.8
PMF011 Mt Fisher RC 61 67 6 2.02 12.1 349561 7029747 551 -60 292 75
PMF013 Mt Fisher RC 46 53 7 3.24 22.7 349599 7029819 549 -60 293 53
Incl 47 48 1 15 15
PMF023 Mt Fisher RC 91 98 7 2.86 20 349554 7029707 551 -60 293 100
Incl 93 94 1 7.8 7.8
PMF025 Mt Fisher East RC 58 70 12 2.57 30.8 349502 7029687 553 -60 293 70
Incl 62 63 1 6 6
Incl 66 67 1 5.2 5.2
PMF028 Mt Fisher RC 26 29 3 1.81 5.42 349565 7029876 550 -90 295 46
PMF029 Mt Fisher RC 40 54 14 1.46 20.45 349573 7029829 551 -90 295 55
PMF030 Mt Fisher RC 36 51 15 1.6 24.01 349569 7029809 551 -90 295 64
Incl 38 39 1 7.45 7.45
PMF033 Mt Fisher RC 64 68 4 5.28 21.11 349594 7029819 550 -90 295 88
Incl 66 67 1 12.15 12.15
PMF033 Mt Fisher RC 70 74 4 5.17 20.66 349594 7029819 550 -90 295 88
Incl 70 72 2 8.23 16.46
PMF035 Mt Fisher RC 35 44 9 20.18 181.58 349471 7029722 557 -90 295 58
Incl 36 41 5 35.11 175.57
PMF036 Mt Fisher RC 47 58 11 14.34 157.74 349489 7029736 558 -90 295 70
Incl 50 54 4 35.77 143.08
PMF039 Mt Fisher RC 29 33 4 7.6 30.41 349443 7029669 556 -90 295 50
Incl 31 33 2 13.47 26.93
PMF041 Mt Fisher RC 24 32 8 3.15 25.23 349451 7029688 556 -90 295 46
Incl 28 30 2 8.62 17.24
PMF042 Mt Fisher RC 43 56 13 12.7 165.08 349468 7029680 555 -90 295 56
Incl 46 53 7 21.01 147.06
PMF043 Mt Fisher RC 61 72 11 3.17 34.88 349484 7029673 554 -90 295 78
Incl 68 70 2 11.4 22.79
PMF043 Mt Fisher RC 76 78 2 2.64 5.27 349484 7029673 554 -90 295 78
PMF044 Mt Fisher RC 26 32 6 5.16 30.94 349459 7029706 556 -90 295 44
Incl 28 31 3 9.06 27.17
PMF045 Mt Fisher RC 65 80 15 9.13 136.89 349490 7029692 554 -90 295 90
Incl 68 76 8 15.59 124.73
PMF046 Mt Fisher RC 70 81 11 6.07 66.8 349494 7029712 554 -90 295 90
Incl 72 75 3 11.78 35.35

25

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

Incl 76 78 2 8.12 16.23
PMF047 Mt Fisher RC 52 71 19 7.64 145.18 349487 7029715 554 -90 295 82
Incl 55 60 5 22.9 114.5
Incl 63 64 1 7.3 7.3
PMF048 Mt Fisher RC 47 58 11 5.92 65.07 349480 7029717 555 -90 295 58
Incl 50 54 4 13.53 54.12
PMF050 Mt Fisher RC 16 21 5 5.69 28.46 349540 7029778 552 -60 295 36
Incl 18 19 1 18.55 18.55
PMF052 Mt Fisher RC 33 36 3 22.51 67.53 349566 7029784 550 -60 295 50
Incl 33 35 2 32.6 65.2
PMF056 Mt Fisher RC 67 76 9 34.34 309.06 349501 7029731 555 -90 293 90
Incl 70 74 4 74.25 297
PMF058 Mt Fisher RC 85 97 12 1.95 23.45 349510 7029705 553 -90 293 104
PMF060 Mt Fisher RC 86 97 11 2.71 29.83 349501 7029665 553 -90 293 105
Incl 87 90 3 5.5 16.51
PMF061 Mt Fisher RC 80 93 13 4.41 57.29 349497 7029645 553 -90 293 104
Incl 83 86 3 11.13 33.4
PMF062 Mt Fisher RC 59 69 10 1.89 18.85 349479 7029653 554 -90 293 80
Incl 64 65 1 5.3 5.3
PMF063 Mt Fisher RC 47 53 6 2.31 13.83 349461 7029661 555 -90 293 64
PMF064 Mt Fisher RC 77 78 1 8 8 349481 7029631 554 -90 293 85
PMF065 Mt Fisher RC 58 62 4 1.35 5.4 349465 7029638 554 -90 293 70
PMF066 Mt Fisher RC 43 52 9 1.28 11.5 349450 7029645 555 -90 293 64
PMF067 Mt Fisher RC 29 35 6 1.53 9.18 349432 7029653 556 -90 293 50
PMF068 Mt Fisher RC 14 20 6 1.14 6.81 349416 7029660 557 -90 293 34
PMF074 Mt Fisher RC 47 53 6 1.09 6.54 349429 7029610 554 -90 293 63
PMF077 Mt Fisher RC 90 97 7 5.07 35.46 349522 7029743 553 -90 293 106
Incl 92 94 2 11.6 23.2
PMF085 Mt Fisher RC 85 88 3 2.59 7.77 349688 7030104 548 -90 293 100
PMF121 Mt Fisher RC 42 47 5 1.68 8.41 349679 7030108 548 -90 293 58
PMF122 Mt Fisher RC 44 49 5 1.8 9.02 349588 7029887 549 -90 293 56
PMF124 Mt Fisher RC 32 39 7 1.16 8.15 349574 7029872 550 -90 293 49
PMF127 Mt Fisher RC 54 58 4 1.93 7.7 349588 7029844 550 -90 293 65
PMF128 Mt Fisher RC 41 52 11 1.92 21.12 349578 7029848 550 -90 293 59
Incl 46 47 1 5.2 5.2
PMF130 Mt Fisher RC 6 16 10 5.61 56.12 349540 7029822 550 -90 293 25
Incl 7 12 5 7.12 35.6
Incl 14 15 1 10.2 10.2
PMF253 Mt Fisher RC 22 28 6 4.71 28.25 349460 7029727 559 -90 295 34
Incl 25 27 2 9.47 18.94
PMF254 Mt Fisher RC 26 32 6 5.65 33.88 349463 7029726 559 -90 295 36
Incl 29 30 1 22 22
PMF271 Mt Fisher RC 16 20 4 1.8 7.21 349441 7029692 557 -90 295 27
PMF272 Mt Fisher RC 22 24 2 2.6 5.19 349445 7029690 557 -90 295 30
PMF273 Mt Fisher RC 34 37 3 2.06 6.19 349456 7029685 556 -90 295 43
PMF296 Mt Fisher RC 99 105 6 9.39 56.36 349511 7029661 553 -90 295 110
Incl 99 102 3 16.07 48.2
PMF305 Mt Fisher RC 33 38 5 1.49 7.43 349440 7029649 556 -90 295 45
PMF314 Mt Fisher RC 32 34 2 2.56 5.12 349513 7029747 555 -60 295 36
PMF332 Mt Fisher RC 111 115 4 2.74 10.96 349521 7029656 553 -90 295 122
PMF351 Mt Fisher RC 51 56 5 1.52 7.6 349519 7029744 521 -90 295 63
PMF354 Mt Fisher RC 10 16 6 4.98 29.9 349453 7029643 521 -90 295 19
Incl 14 15 1 14.4 14.4
PMF360 Mt Fisher RC 3 6 3 3.63 10.88 349461 7029683 520 -90 295 18
Incl 4 5 1 6.9 6.9
PMF361 Mt Fisher RC 5 12 7 4.46 31.2 349465 7029682 520 -90 295 18
Incl 5 6 1 5.66 5.66
Incl 8 9 1 13.6 13.6
PMF362 Mt Fisher RC 13 21 8 14.72 117.72 349471 7029679 520 -90 295 24
Incl 16 20 4 27.4 109.61
PMF363 Mt Fisher RC 20 23 3 5.01 15.03 349474 7029677 520 -90 295 32
Incl 21 23 2 6.12 12.23
PMF370 Mt Fisher RC 0 7 7 6.45 45.12 349475 7029720 520 -90 295 12
Incl 1 6 5 8.54 42.71
PMF371 Mt Fisher RC 5 11 6 12.73 76.39 349478 7029719 520 -90 295 18
Incl 7 9 2 34.6 69.2
PMF372 Mt Fisher RC 17 24 7 5.91 41.35 349485 7029716 520 -90 295 24

ROX RESOURCES LIMITED

26

ASX CODE: RXL

Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

Incl 19 21 2 14.95 29.9
PMF382 Mt Fisher RC 17 22 5 2.13 10.67 349461 7029640 520 -90 295 26
PMF383 Mt Fisher RC 24 29 5 1.27 6.33 349469 7029636 520 -90 295 34
PMF385 Mt Fisher RC 32 35 3 1.87 5.62 349476 7029633 520 -90 295 40
PMF392 Mt Fisher RC 35 39 4 2.3 9.19 349488 7029671 520 -90 295 39
PMF393 Mt Fisher RC 42 47 5 3.58 17.88 349492 7029669 520 -90 295 47
Incl 45 46 1 7.4 7.4
PMF394 Mt Fisher RC 46 60 14 4.66 65.18 349495 7029668 520 -90 295 63
Incl 48 51 3 9.79 29.37
Incl 54 57 3 7.58 22.73
PMF395 Mt Fisher RC 65 71 6 3.55 21.29 349506 7029663 520 -90 295 75
Incl 66 68 2 5.61 11.22
PMFD026 Mt Fisher DD 0 4 4 1.99 7.96 349604 7029792 549 -86 295 136
PMFD093 Mt Fisher DD 58.26 63.25 4.99 2.6 12.96 349475 7029677 554 -89 293 71
Incl 62 63.25 1.25 7.91 9.89
PMFD093 Mt Fisher DD 63.6 68.1 4.5 1.15 5.2 349475 7029677 554 -89 293 71
PMFD094 Mt Fisher DD 46 55 9 5.96 53.68 349474 7029699 555 -86 293 61.4
Incl 49 53 4 10.47 41.86
PMFD096 Mt Fisher DD 39.1 40.1 1 146 146 349541 7029778 552 -88 293 50
PMFD097 Mt Fisher DD 23.3 26 2.7 2.39 6.44 349453 7029709 557 -88 293 31
PMFD101 Mt Fisher DD 23 34.3 11.3 3.01 34.05 349561 7029813 551 -88 293 48.2
Incl 24 26 2 7.5 15
PMFD108 Mt Fisher DD 9 16 7 9.28 64.94 349540 7029800 555 -90 293 26
Incl 11 15 4 14.93 59.7
PMFD110 Mt Fisher DD 43 46.8 3.8 4.42 16.79 349485 7029738 559 -83 293 50.1
Incl 44 46.8 2.8 5.8 16.23
PMFD111 Mt Fisher DD 23.2 26.9 3.7 12.15 44.96 349485 7029738 559 -65 295 31.3
Incl 23.2 25.45 2.25 18.97 42.67
PMFD112 Mt Fisher DD 26.1 36.65 10.55 2.57 27.13 349466 7029724 559 -90 295 39
Incl 29.75 31.02 1.27 6 7.62
Incl 32.25 33.25 1 5.9 5.9
PMFD113 Mt Fisher DD 19 20.1 1.1 5.8 6.38 349465 7029725 559 -65 295 23
PMFD114 Mt Fisher DD 23 29 6 9.63 57.76 349477 7029741 560 -89 295 36
Incl 24 26.5 2.5 21.47 53.67
PMFD119 Mt Fisher DD 7 15 8 5.08 40.63 349527 7029785 558 -88 295 21
Incl 9 10.4 1.4 12.89 18.04
Incl 11.64 13 1.36 8.7 11.83
PMFD387 Mt Fisher DD 178.8 181.78 2.98 3.57 10.64 349624 7029568 549 -59 293 184
Incl 178.8 180.68 1.88 5.32 10.01
PMFD388 Mt Fisher DD 185.08 189.75 4.67 3.5 16.35 349639 7029604 549 -61 293 196
Incl 186 187.23 1.23 5.24 6.45
Incl 188.07 189.21 1.14 5.95 6.78
PMFD401 Mt Fisher DD 187.58 188.82 1.24 4.35 5.39 349671 7029678 548 -66 293 195
ROIB0091 Mt Eureka RAB 30 38 8 1.03 8.26 351187 7049339 523 -90 0 45
ROIB0356 Mt Eureka RAB 56 60 4 2.15 8.6 351165 7051292 517 -60 269.7 60
ROIB0408 Mt Eureka RAB 56 60 4 1.26 5.04 350971 7050496 522 -90 0 65
ROIB0428 Mt Eureka RAB 48 60 12 0.7 8.36 351198 7049372 525 -90 0 81
ROIB0432 Mt Eureka RAB 24 28 4 3.13 12.52 351396 7049368 524 -90 0 57
SMER-4 Mt Eureka RC 12 14 2 11 22 353964 7060524 515 -60 290 52
SMER-54 Mt Eureka RAB 18 22 4 1.67 6.66 353873 7060532 520 -90 0 22
WTRC002 Wagtail RC 47 50 3 55.14 165.42 350073 7028061 559 -60 90 59
Incl 47 49 2 81.6 163.2
WTRC005 Wagtail RC 38 39 1 12.7 12.7 350112 7028142 560 -60 270 50
WTRC006 Wagtail RC 56 59 3 2.47 7.41 350122 7028142 560 -60 270 65
Incl 56 57 1 6.63 6.63
WTRC009 Wagtail RC 41 48 7 23.93 167.52 350071 7028222 559 -60 90 51
Incl 41 44 3 53.13 159.4
WTRC010 Wagtail RC 66 70 4 3.39 13.56 350061 7028222 559 -60 90 75
Incl 66 67 1 6.73 6.73
WTRC011 Wagtail RC 99 102 3 3.59 10.77 350051 7028222 559 -60 90 107
Incl 99 100 1 8.71 8.71
YP80 Mt Eureka RC 63 64 1 12 12 353921 7060499 518 -60 270 67
YRB175 Mt Eureka RAB 29 32 3 3.86 11.57 353541 7061659 504 -60 270 54
Incl 31 32 1 9.87 9.87
YRC07 Mt Eureka RC 12 20 8 1.27 10.16 353296 7060595 511 -60 270 100
YRC08 Mt Eureka RC 88 90 2 3.32 6.64 353335 7060593 512 -60 270 100

ROX RESOURCES LIMITED

27

ASX CODE: RXL

Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

JORC Code, 2012 Edition – Table 1

Section 1 Sampling Techniques and Data
Criteria JORC Code explanation Commentary
Sampling Nature and quality of sampling (e.g. cut channels, Historic sampling methods conducted at Mt Fisher—Mt
techniques random chips, or specific specialised industry standard Eureka have included Auger (AUG), aircore (AC), rotary air
measurement tools appropriate to the minerals under blast (RAB), reverse circulation (RC) and diamond
investigation, such as down hole gamma sondes, or drillholes.
handheld XRF instruments, etc). These examples RC hole diameter was typically 5.5" (140 mm) reverse
should not be taken as limiting the broad meaning of circulation percussion (RC).
sampling. Diamond drill hole core was typically NQ2 size diameter.
See Table for drillhole dips and azimuths.

Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used

Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information

RC chips and diamond core provide high quality representative samples for analysis. RC, RAB, AC and DD core drilling was completed by previous holders to industry standard at that time.

Rox RC drillholes were sampled on 1m intervals using riffle or cone splitter units. Samples were sent to Intertek Genalysis in Kalgoorlie, crushed to 10mm, dried and pulverised (total prep) in LM5 units (Some samples > 3kg were split) to produce a sub-sample. The pulps were then sent to Perth for analysis by 25g Fire Assay with ICP-OES (Intertek code FA25/OE).

Historic RC samples were collected every metre via a cyclone into a plastic bag prior to splitting with a Jones riffle splitter. A 1.5-3kg sample split was collected into a calico bag for laboratory submission.

Diamond drillcore was cut using a diamond saw into halfcore and sampled on either a 1m basis or over geological intervals to a maximum of 2m.

Drilling
techniques		 Drill type (e.g. core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc)
and details (e.g. core diameter, triple or standard tube,
depth of diamond tails, face-sampling bit or other type,
whether core is oriented and if so, by what method,
etc).
Drilling have included Auger (AUG), aircore (AC), rotary air
blast (RAB), reverse circulation (RC) and diamond
drillholes. Hole depths reported range from 12m to 480m.
Drill sample
recovery		 Method of recording and assessing core and chip
sample recoveries and results assessed
Limited records relating to historical RC or diamond core
sample recoveries have been identified, however, where
described,
sampling
and
recovery
procedures
are
consistent with standard Australian industry standards.
Rox RC drill recoveries were high (>90%).
Measures taken to maximise sample recovery and
ensure representative nature of the samples
Historical AC, RAB, RC and diamond sampling was carried
out to industry standard at that time.
Rox RC samples were visually checked for recovery,
moisture and contamination and notes made in the logs.

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

28

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Criteria JORC Code explanation
Commentary
Whether a relationship exists between sample
recovery and grade and whether sample bias may
have occurred due to preferential loss/gain of
fine/coarse material.
Samples used in the Mineral Resource estimate come from
both RC and historical diamond core drilling. Good sample
recovery should have been obtained based on the recorded
information and the drilling equipment used.
There is no observable relationship between recovery and
grade, and therefore no sample bias.
Logging Whether core and chip samples have been geologically
and geotechnically logged to a level of detail to support
appropriate Mineral Resource estimation, mining
studies and metallurgical studies.
All RC and diamond core samples were geologically logged.
RC drilling returns were logged in sufficient detail, recording
all significant properties, to allow geological maps and
sections to be constructed.
The geological data would be suitable for inclusion in a
Mineral Resource estimate.
Whether logging is qualitative or quantitative in nature.
Core (or costean, channel, etc) photography.
Qualitative and quantitative logging of historic data varies in
its completeness
Logging of Rox RC chips and diamond core recorded
lithology, mineralogy, mineralisation, weathering, colour,
and other sample features. RC chips are stored in plastic
RC chip trays.
The total length and percentage of the relevant
intersections logged
All holes were logged in full.
Logging of historic data varies in its completeness
Sub-sampling
techniques and
sample
preparation		 If core, whether cut or sawn and whether quarter, half
or all core taken.
Most of the historical diamond core was sampled using a
diamond saw to provide half core with a maximum sample
length of 2m.
If non-core, whether riffled, tube sampled, rotary split,
etc and whether sampled wet or dry.
Rox RC samples were collected on the drill rig using a cone
splitter. If any mineralised samples were collected wet these
were noted in the drill logs and database.
Most of the historical RC intervals were sampled on a 1m
basis via a cyclone into a plastic bag prior to splitting with a
Jones riffle splitter.
For all sample types, the nature, quality and
appropriateness of the sample preparation technique.
Various sample preparation methods have been used by
the historical holders. Best practice is assumed at the time
of historic sampling.
Rox sample preparation followed industry best practice.
This involved oven drying, coarse crushing to ~10mm,
followed by pulverisation of the entire sample in an LM5 or
equivalent pulverising mill to a grind size of 85% passing 75
micron.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of samples.
Sampling by previous holders assumed to be industry
standard at the time.
Field QC procedures involve the use of Certified Reference
Materials (CRM’s) as assay standards, along with
duplicates and barren waste samples. The insertion rate of
these was approximately 1:20.

ASX CODE: RXL

ROX RESOURCES LIMITED 29 Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

Criteria JORC Code explanation
Commentary
Measures taken to ensure that the sampling is
representative of the in situ material collected,
including for instance results for field duplicate/second-
half sampling.
Regular duplicates were reported from some historical
programs.
For Rox RC drilling field duplicates were taken on a routine
basis at an approximate 1:20 ratio using the same sampling
techniques (i.e. cone splitter) and inserted into the sample
run.
Whether sample sizes are appropriate to the grain size
of the material being sampled.
The sample sizes are considered more than adequate to
ensure that there are no particle size effects relating to the
grain size of the mineralisation which lies in the percentage
range.
Quality of assay
data and
laboratory tests		 The nature, quality and appropriateness of the
assaying and laboratory procedures used and whether
the technique is considered partial or total.
The majority of the historical assays used are reportedly by
Fire Assay, with a minority by Aqua Regia and Four Acid
digest.
For Rox samples the analytical technique involved Fire
Assay 25g /ICP-OES for all samples.
For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining
the analysis including instrument make and model,
reading times, calibrations factors applied and their
derivation, etc.
No geophysical or portable analysis tools were used to
determine assay values stored in the database.
Nature of quality control procedures adopted (e.g.
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy (i.e.
lack of bias) and precision have been established.
Historical assay quality control measures are largely
unknown. Regular duplicates with satisfactory results were
reported from some programmes.
For Rox samples internal laboratory control procedures
involve duplicate assaying of randomly selected assay
pulps as well as internal laboratory standards. All of these
data are reported to the Company and analysed for
consistency and any discrepancies.
Check assays were undertaken at an independent third
party assay laboratory and correlated extremely well.
Verification of
sampling and
assaying		 The verification of significant intersections by either
independent or alternative company personnel.
Senior technical personnel from the Company have visually
inspected and verified the significant drill intersections.
The use of twinned holes.
No holes have been twinned by Rox at this stage.
Documentation of primary data, data entry procedures,
data verification, data storage (physical and electronic)
protocols.
Data from previous owners was taken from a Microsoft
Access database compilation and validated before entry
into the Rox Micromine database.
Primary data was collected using a standard set of Excel
templates on Toughbook laptop computers in the field.
These data are transferred to Geobase Pty Ltd for data
verification and loading into the database.
Discuss any adjustment to assay data.
No adjustments or calibrations have been made to any
assay data.

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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E: [email protected] www.roxresources.com.au

Criteria JORC Code explanation
Commentary
Location of data
points		 Accuracy and quality of surveys used to locate
drillholes (collar and down-hole surveys), trenches,
mine workings and other locations used in Mineral
Resource estimation.
Historical drill hole positions were surveyed by licenced
surveyors.
A hand held GPS has been used to determine Rox collar
locations at this stage, however DGPS collar surveys will be
undertaken by a licensed surveyor shortly.
Specification of the grid system used.
The grid system is MGA_GDA94, zone 51 for easting,
northing and RL.
Quality and adequacy of topographic control.
The topographic surface was generated from digital terrain
models generated from low level airborne geophysical
surveys. The topography of the mined open pit is well
defined by historic survey pickups.
Data spacing and
distribution
Data spacing for reporting of Exploration Results.
Average drill hole density is highly variable, ranging from
10m to 800m.
Whether the data spacing and distribution is sufficient
to establish the degree of geological and grade
continuity appropriate for the Mineral Resource and
Ore
Reserve
estimation
procedure(s)
and
classifications applied.
Data spacing is regarded as sufficient to determine the
extent and degree of geological and grade continuity for the
Mineral Resource estimation.
The nominal drill hole spacing is;
For the (Wagtail) Moray Reef 20 x 20m.
For the Mt Fisher Mine 80 x 80m, with some areas in-filled
to 40 x 40m spacing.
For Damsel 40 x 40m and 40 x 20m.
Whether sample compositing has been applied.
For AC, RAB and RC samples, sample compositing
occurred over 4 metre intervals. Anomalous samples
usually re-assayed at 1m intervals.
Orientation of
data in relation
to geological
structure		 Whether the orientation of sampling achieves unbiased
sampling of possible structures and the extent to which
this is known, considering the deposit type.
RC and diamond drilling is believed to be generally
perpendicular to strike.
If the relationship between the drilling orientation and
the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed and reported if material.
No sampling bias is believed to have been introduced.
Sample security The measures taken to ensure sample security.
The chain of custody for historical samples is not well
documented.
Sample security is managed by the Company. After
preparation in the field samples are packed into polyweave
bags and despatched to the laboratory. For a large number
of samples these bags were transported by the Company
directly to the assay laboratory. In some cases the sample
were delivered to a transport contractor who then delivered
the samples to the assay laboratory. The assay laboratory
audits the samples on arrival and reports any discrepancies
back to the Company. No such discrepancies occurred.
Audits or
reviews		 The results of any audits or reviews of sampling
techniques and data.
No audits have yet been completed.

ASX CODE: RXL

ROX RESOURCES LIMITED 31 Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

E: [email protected] www.roxresources.com.au

Section 2 Reporting of Exploration Results

Criteria JORC Code explanation
Commentary
Mineral tenement
and land tenure
status		 Type, reference name/number, location and ownership
including agreements or material issues with third
parties such as joint ventures, partnerships, overriding
royalties,
native
title
interests,
historical
sites,
wilderness or national park and environmental settings.
Rox owns 100% of the Mt Fisher gold project tenements:
M53/127, M53/9, E53/1061, E53/1106, E53/1218, E53/1788,
E53/1836, E53/1106, E53/1788 and E53/2102. Rox and
Cannon Resources entered into a split commodity
agreement in respect of E53/1218 where Rox retains gold
rights and Cannon retains rights to all other minerals.
Rox Resources in a Joint Venture Agreement with Cullen
Resources. Rox may earn a 51% interest by spending $1m
on exploration expenditure within a three-year period from
satisfaction of certain Conditions Precedent (Stage 1 Earn
In). If Rox earns the 51% interest, it can elect to earn a further
24% interest by expending a further $1m on exploration
expenditure over a three-year period, commencing at the end
of the Stage 1 Earn In. The tenements in the Cullen JV
consist of the following leases: E53/1209, E53/1299,
E53/1637, E53/1893, E53/1957, E53/1958, E53/1959,
E53/1961, E53/2052, E53/2101 (Pending), E53/2002,
E53/2062 and E53/2075.
The security of the tenure held at the time of reporting
along with any known impediments to obtaining a
licence to operate in the area.
The tenement is in good standing and no known
impediments exist.

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

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E: [email protected] www.roxresources.com.au

Exploration done A number of companies have completed exploration for base
by other parties metals and gold within the regional Mt Fisher area. These
companies include Minops Pty Ltd (1968 to 1971), Tenneco
Australia (1971 to 1973), Sundowner (1985 to 1989), ACM
Gold Ltd (1988 to 1992), Aztec Mining Company Ltd (1993
to 1994) and Pegasus Gold Australia Pty Ltd (1994 to 1996).
Work conducted included aeromagnetic surveys, ground
magnetic surveys, regional mapping, rock chip sampling, soil
geochemistry (including BLEG and stream sediment
sampling) and rotary air blast (RAB) drilling.
The Mt Fisher deposit was first discovered in 1936 and
mining between 1937 and 1949 produced approximately
4,500 tonnes of ore at 28 g/t gold (Powell, 1990). In 1980, a
small deposit was defined by percussion drilling around the
historical workings. Further drilling from 1984 to 1986 defined
a larger deposit to the south of the old workings with
Sundowner acquiring a 100% interest in the project in
January 1986.
Sundowner completed a historic estimate of 252,000 tonnes
at 5.4 g/t gold to a pit depth of 100 m. Following a period of
study, a 250,000 tpa carbon-in-pulp treatment plant was built
with completion in September 1987. Open pit mining
commenced in April 1987 and continued through to
September 1988, and processing finished in late November
1988. Total production from the Mt Fisher open pit was
reportedly 218,000 tonnes at 4.3 g/t gold.
Following completion of treatment, the plant was dismantled
Acknowledgment and appraisal of exploration by other
parties.		 and moved to Sundowner’s Darlot mine 140 km to the south
(Leandri P.S., 1989. Mt Fisher Mt Fisher Mine Eod of
Operations Report. March 1989. Sundowner Minerals NL).
(Bright, D.V., 1990. Mt Fisher ML53/127. Annual Technical
Report. July 1989 – June 1990. Sundowner Minerals NL).
Norgold Ltd and BHP Ltd (BHP) conducted gold exploration
in the same area in the 1980s and exploration including rock
chip sampling and mapping. BHP followed up with RAB and
RC drilling reporting a number of gold anomalies in what was
later named the Dam prospect.
From 1993 to 1997, CRAE completed extensive exploration
with work largely focussing on the Dam prospect where gold
anomalism was identified over a 7 km by 1 km area. Work
completed included RAB and aircore (AC) drilling with a
small amount of RC and diamond drilling follow-up. Delta
acquired the Project in 1998 and explored until 2001. They
completed additional RAB, AC, RC and diamond drilling.
CRAE and Delta defined extensive regolith gold anomalies
but were unable to identify any substantial bedrock sources
to gold mineralisation.
From 1996, Cullen Resources NL (Cullen) in joint venture
with Newmont Mining Corporation (Newmont) conducted
exploration in the Mt Eureka area for gold and were also
involved in a nickel joint venture with BHP.
Avoca Resources Ltd (Avoca) acquired the Mt Fisher Gold
Project in 2004 and completed geological mapping and soil
and rock chip sampling over much of the tenement area.
Drilling was focussed on defining further mineralisation along
the Dam-Damsel-Dirk gold corridor and extending known
mineralisation at Moray Reef, with the internal reporting of

ROX RESOURCES LIMITED 33 ASX CODE: RXL Level 2, 87 Colin Street, West Perth WA 6005 E: [email protected] +61 8 9226 0044 www.roxresources.com.au

Criteria JORC Code explanation
Commentary
Mineral Resources for the both the Dam and Moray Reef
prospects. From 2004 to 2011, Avoca completed a total of
158 RAB/AC drill holes for 9,111 m and 64 shallow RC drill
holes for 5,188 m.
Geology Deposit
type,
geological
setting
and
style
of
mineralisation.
The geological setting is of Archean aged with common host
rocks and structures related to mesothermal orogenic gold
mineralisation as found throughout the Yilgarn Craton of
Western Australia.
Drill hole
Information		 A summary of all information material to the
understanding of the exploration results including a
tabulation of the following information for all Material drill
holes:
•
easting and northing of the drill hole collar
•
elevation or RL (Reduced Level – elevation
above sea level in metres) of the drill hole
collar
•
dip and azimuth of the hole
•
down hole length and interception depth
•
hole length.
Refer to drill results Table/s and the Notes attached thereto.
Data aggregation
methods		 In reporting Exploration Results, weighting averaging
techniques,
maximum
and/or
minimum
grade
truncations (e.g. cutting of high grades) and cut-off
grades are usually Material and should be stated.
All reported assay intervals have been length weighted. No
top cuts have been applied. A lower cut-off of 0.5g/t Au was
applied with 1m of interval dilution allowed. See Table/s.
Where aggregate intercepts incorporate short lengths of
high grade results and longer lengths of low grade
results, the procedure used for such aggregation should
be stated and some typical examples of such
aggregations should be shown in detail.
A lower cut-off of 0.5g/t Au was applied with 1m of interval
dilution allowed.
Higher grade intervals are reported at lower cut-off of 5g/t Au
with 1m of interval dilution allowed.
The assumptions used for any reporting of metal
equivalent values should be clearly stated.
No metal equivalent values have been used or reported.
Relationship
between
mineralisation
widths and
intercept lengths		 These relationships are particularly important in the
reporting of Exploration Results.
If the geometry of the mineralisation with respect to the
drill hole angle is known, its nature should be reported.
If it is not known and only the down hole lengths are
reported, there should be a clear statement to this effect
(e.g. ‘down hole length, true width not known’).
No definite relationships between mineralisation widths and
intercept lengths are known from this drilling due to the highly
weathered nature of the material sampled. However reported
intercepts will usually be more than true width.
Diagrams Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for any
significant discovery being reported These should
include, but not be limited to a plan view of drill hole
collar locations and appropriate sectional views.
Refer to figures in the announcement.
Indicative grade shell models (>1g/t Au, >2g/t Au, >5g/t Au
and >10g/t Au) are included in figures within this
announcement. These grade shell models have been
generated in Micromine software.
These grade shells are provided for reference only.
The images of grade shell models are not an Exploration
Target and do not contain nor indicate any estimate of
potential size and grade ranges.

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

34

E: [email protected] www.roxresources.com.au

Criteria JORC Code explanation Commentary
Balanced Where comprehensive reporting of all Exploration
reporting Results is not practicable, representative reporting of
both low and high grades and/or widths should be
practiced to avoid misleading reporting of Exploration		 At this stage only
analysed.		 likely mineralised intervals have been
Results.
Other Other exploration data, if meaningful and material,
substantive should be reported including (but not limited to):
exploration data geological observations; geophysical survey results;
geochemical survey results; bulk samples – size and All meaningful and material information has been included in
method of treatment; metallurgical test results; bulk the body of the announcement.
density,
groundwater,
geotechnical
and
rock
characteristics; potential deleterious or contaminating
substances.
Further work The nature and scale of planned further work (e.g. tests Follow up AC drilling will be undertaken to test for new zones
for lateral extensions or depth extensions or large-scale of mineralisation.
step-out drilling). Project wide high resolution aeromagnetic surveying will be
Diagrams clearly highlighting the areas of possible undertaken.
extensions, including the main geological interpretations Further work (RC and diamond drilling) is justified to locate
and future drilling areas, provided this information is not extensions to mineralisation both at depth and along strike.
commercially sensitive

ASX CODE: RXL

ROX RESOURCES LIMITED Level 2, 87 Colin Street, West Perth WA 6005 +61 8 9226 0044

35

E: [email protected] www.roxresources.com.au

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