ROX RESOURCES LIMITED - AGM Information 2017

ASX: RXL

The Nickel Renaissance

==> picture [164 x 91] intentionally omitted <==

==> picture [145 x 194] intentionally omitted <==

==> picture [145 x 193] intentionally omitted <==

Annual General Meeting Presentation 23 November 2017 - Ian Mulholland Managing Director

==> picture [720 x 80] intentionally omitted <==

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

Disclaimers
----- End of picture text -----

Forward-Looking Statements

This presentation has been prepared by Rox Resources Limited. This document contains background information about Rox Resources Limited current at the date of this presentation. The presentation is in summary form and does not purport be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation.

This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction.

This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction.

This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments.

Competent Person Statements

Resource Statements

The information in this report that relates to nickel Mineral Resources for the Olympia deposit was reported to the ASX on 18 August 2017 (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 18 August 2017 , and that all material assumptions and technical parameters underpinning the estimates in the announcement of 18 August 2017 continue to apply and have not materially changed.

The information in this report that relates to nickel Mineral Resources for the Fisher East project was reported to the ASX on 5 February 2016 (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 5 February 2016, and that all material assumptions and technical parameters underpinning the estimates in the announcement of 5 February 2016 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 10 February 2012 (JORC 2004). Rox confirms that it is not aware of any new information or data that materially affects the information included in the announcement of 10 February 2012, and that all material assumptions and technical parameters underpinning the estimates in the announcement of 10 February 2012 continue to apply and have not materially changed.

Exploration Results

To the fullest extent permitted by law, Rox Resources Limited, its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted.

This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Rox Resources Limited. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forward looking statements in this presentation speak only at the date of issue of this presentation. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Rox Resources Limited does not undertake any obligation to update or revise any information or any of the forward looking statements in this presentation or any changes in events, conditions or circumstances on which any such forward looking statement is based.

Exploration Results herein are based on information compiled and released to the ASX as follows:

Fisher East (ASX:RXL Between 1 December 2012 and the present)

Collurabbie (ASX:FCN 17 August 2004, 10 November 2004, 3 December 2004, 8 March 2005, 5 July 2010, and 8 July 2011, ASX:RXL 10 October 2017).

Bonya (ASX:RXL 20 October 2014, 5 November 2014, 1 December 2014).

In the case of the Exploration Results and Mineral Resources reported under the 2004 JORC Code, they have not been updated to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

==> picture [720 x 80] intentionally omitted <==

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

Contents
----- End of picture text -----

==> picture [262 x 37] intentionally omitted <==

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

The Battery Revolution
----- End of picture text -----

==> picture [262 x 38] intentionally omitted <==

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

Metal Price Outlook
----- End of picture text -----

==> picture [262 x 38] intentionally omitted <==

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

Key Facts
----- End of picture text -----

==> picture [262 x 37] intentionally omitted <==

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

Nickel Projects
----- End of picture text -----

==> picture [262 x 38] intentionally omitted <==

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

Other Projects
----- End of picture text -----

==> picture [262 x 37] intentionally omitted <==

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

Corporate
----- End of picture text -----

==> picture [262 x 37] intentionally omitted <==

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

Summary
----- End of picture text -----

==> picture [416 x 312] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

==> picture [686 x 56] intentionally omitted <==

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

The Battery Revolution
----- End of picture text -----

==> picture [241 x 161] intentionally omitted <==

Internal Combustion Engine (ICE) has 2,000 moving parts, EV has 18 moving parts

==> picture [419 x 260] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

EV Batteries
----- End of picture text -----

==> picture [341 x 208] intentionally omitted <==

==> picture [327 x 186] intentionally omitted <==

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

NICKEL 33.3% 60% 80%
MANGANESE 33.3% 30%
10%
COBALT 33.3% 20%
10%
PRESENT 2018 2020
NMC111 NMC532 NMC811
----- End of picture text -----

==> picture [9 x 10] intentionally omitted <==

The current (2017) EV battery is the NMC111 with 157km range. This has restricted sales of the EV.

==> picture [9 x 9] intentionally omitted <==

Conversion to NMC811 battery will increase range 60% to 252km. NMC811 re-charges to 80% in 20 minutes. Further improvements are mooted to give 500km range, still using NMC batteries.

==> picture [9 x 10] intentionally omitted <==

The increased demand for Ni is obvious when moving from a battery with 33.3% Ni to 80% Ni.

==> picture [9 x 9] intentionally omitted <==

EV price will be competitive with ICE, and fuel cost will be much lower.

==> picture [720 x 80] intentionally omitted <==

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

EV Vehicle Take-up
----- End of picture text -----

==> picture [670 x 192] intentionally omitted <==

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

93%
30%
100%
1% 33%
----- End of picture text -----

==> picture [9 x 9] intentionally omitted <==

Currently (2017) EV market share is ~1%. By 2025 (8 years) it will be 30%, and by 2030 (13 years) 93%.

==> picture [9 x 10] intentionally omitted <==

If conversion to NMC811 battery takes place, then Ni demand will increase 33% (650kt) by 2025 (8 years), and 100% (2Mt) by 2030. There simply isn’t this supply of nickel.

==> picture [9 x 10] intentionally omitted <==

The growth from 2025 to 2030 will be rapid.

==> picture [9 x 9] intentionally omitted <==

Typically we under-estimate the rapidity of technological disruptions – all this could happen much faster!

==> picture [9 x 9] intentionally omitted <==

The move to the EV is obvious, 5 times more efficient energy conversion, 18 moving parts (vs. ICE 2,000)

==> picture [720 x 80] intentionally omitted <==

==> picture [682 x 56] intentionally omitted <==

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

Nickel Price Outlook
----- End of picture text -----

==> picture [151 x 114] intentionally omitted <==

==> picture [301 x 170] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Nickel Roller Coaster
----- End of picture text -----

==> picture [254 x 202] intentionally omitted <==

Significant split from US$

==> picture [336 x 202] intentionally omitted <==

==> picture [10 x 11] intentionally omitted <==

Current uncertainty about nickel supply

==> picture [10 x 11] intentionally omitted <==

Spot price has risen from low a year ago (roller coaster)

==> picture [10 x 11] intentionally omitted <==

==> picture [10 x 10] intentionally omitted <==

Nickel supply predicted to go into deficit as take up in electric vehicle batteries increases Chinese stainless steel production – expected to stay steady

==> picture [10 x 11] intentionally omitted <==

Rox is poised to take advantage of any nickel price recovery

==> picture [720 x 80] intentionally omitted <==

==> picture [682 x 56] intentionally omitted <==

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

Key Facts
----- End of picture text -----

==> picture [336 x 252] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Who is Rox?
----- End of picture text -----

==> picture [17 x 18] intentionally omitted <==

An awarded Australian exploration company Strong Financial Positon: Cash of ~ $13 million & receivables of ~$4 million , no debt JORC Mineral Resources of Nickel and Gold** All projects in Australia Committed management with “skin in the game”

==> picture [17 x 17] intentionally omitted <==

==> picture [17 x 18] intentionally omitted <==

$12.9 million as of 30 September 2017, $3.75 million due from Teck by 15 February 2023 from Reward project sale

==> picture [115 x 153] intentionally omitted <==

==> picture [183 x 147] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Key Points
----- End of picture text -----

==> picture [17 x 18] intentionally omitted <==

==> picture [17 x 17] intentionally omitted <==

JORC Mineral Resources of 64,100t NiEq[1] – Rox’s two nickel projects are only 70km apart synergies for development

Known gold mineralisation (and Resources) on our tenements

==> picture [169 x 127] intentionally omitted <==

==> picture [17 x 18] intentionally omitted <==

Plenty of cash (~$13 million) Nickel price heading upwards Poised and ready for the nickel price recovery

1 See Appendix for Mineral Resource details

==> picture [720 x 80] intentionally omitted <==

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

Rox Growth Projects
----- End of picture text -----

Fisher East Nickel Sulphide

Project

Resource of 50,000t (110 Mlb) of contained nickel, 2.0 Mt @ 2.5% Ni[1]
Potential to increase resources
High quality targets

Reward Zinc-Lead Project Sale

$19.73 million sale on $2 million investment
• Cash $15.97 million paid
• $3.75 cash million in ~5 years
Cobalt potential

Collurabbie Nickel-Gold Project

Resource of 13,500t @ 2.3% NiEq[1 ] (1.6% Ni, 1.2% Cu, 0.082% Co, 1.5g/t Pd, 0.85g/t Pt)
Under explored nickel-gold belt

Mt Fisher Gold JV

Strong potential to increase current resources of 86,000 ozs[1]
• Several strong targets for gold

Bonya Copper Project

38m @ 4.4% Cu

1 See Appendix for Mineral Resource details

==> picture [720 x 80] intentionally omitted <==

==> picture [682 x 56] intentionally omitted <==

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

Nickel Projects
----- End of picture text -----

==> picture [443 x 250] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Nickel Projects
----- End of picture text -----

==> picture [302 x 326] intentionally omitted <==

==> picture [13 x 14] intentionally omitted <==

==> picture [13 x 13] intentionally omitted <==

==> picture [13 x 14] intentionally omitted <==

Two nickel sulphide projects in WA’s northern goldfields

– Fisher East is a new nickel province discovered in 2013 by Rox

Collurabbie discovered in 2004 by WMC – but relatively unexplored

Fisher East and Collurabbie are just 70km apart – project development synergies Mineral Resource of ~ 50,600 tonnes Ni metal @ 2.5% Ni at Fisher East Mineral Resource of ~13,500 tonnes NiEq @ 2.3% at Collurabbie

* See Appendix for Mineral Resource details

==> picture [720 x 80] intentionally omitted <==

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

Development Studies
----- End of picture text -----

==> picture [251 x 141] intentionally omitted <==

==> picture [293 x 166] intentionally omitted <==

==> picture [12 x 12] intentionally omitted <==

==> picture [12 x 13] intentionally omitted <==

==> picture [12 x 12] intentionally omitted <==

Low technical risk project :

o Toll milling – truck ore to nearby plant (two plants within 200km)

o Build a plant on site – truck concentrate for sale Decline to underground mine ~100m depth to sulphides

Standard underground mining techniques and costs (A$130/t)

Metallurgical recoveries, 80 – 99%, and saleable concentrate grades, 10 - 14% Ni, acceptable Fe:MgO ratios, low As (no penalties) Straight forward process flow sheet and logistics Increased resources will increase mine life and project value

==> picture [720 x 80] intentionally omitted <==

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

Fisher East Nickel
----- End of picture text -----

==> picture [12 x 12] intentionally omitted <==

Four deposits discovered so far, Musket, Cannonball, Camelwood & Sabre

==> picture [12 x 12] intentionally omitted <==

Total Mineral Resource on three deposits of 2.0 Mt @ 2.5% Ni , for 50,000 tonnes Ni metal*

* See Appendix for Mineral Resource details

==> picture [720 x 80] intentionally omitted <==

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

Exploration Targets
----- End of picture text -----

Resource to be drilled out at Sabre

10m @ 1.9% Ni

==> picture [12 x 12] intentionally omitted <==

==> picture [12 x 13] intentionally omitted <==

==> picture [12 x 12] intentionally omitted <==

Known deposits open at depth Fresh sulphides in aircore at Mt Tate Resource to be drilled out at Sabre Exploration ongoing on multiple targets along 25km of strike Looking to double total resource base

==> picture [720 x 80] intentionally omitted <==

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

Collurabbie Acquisition
----- End of picture text -----

==> picture [12 x 12] intentionally omitted <==

123km2 of prospective tenure Main discovery at Olympia deposit Widespread Ni-Cu-PGE mineralisation over ~15km strike length on multiple stratigraphic horizons Drill targets for Ni-Cu-PGE Drill targets for Gold Quality datasets of drilling and extensive geophysics

Underdone previous exploration Cheap* counter-cyclical quality acquisition

==> picture [379 x 239] intentionally omitted <==

$25,000 cash + 7.5 million RXL shares (~$150K)

==> picture [720 x 80] intentionally omitted <==

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

Exploration Potential
----- End of picture text -----

==> picture [341 x 325] intentionally omitted <==

==> picture [11 x 11] intentionally omitted <==

Olympia Mineral Resource of 573,000 tonnes @ 1.6% Ni, 1.2% Cu, 0.08% Co and 2.3 g/t Pt+Pd, 2.3% NiEq High grade drill intercepts Open at depth* Exploration potential over 15km of strike Aircore drilling just completed

==> picture [11 x 11] intentionally omitted <==

See ASX:RXL 18 August 2017 for resource details

==> picture [720 x 80] intentionally omitted <==

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

Exploration Results
----- End of picture text -----

==> picture [226 x 327] intentionally omitted <==

==> picture [11 x 11] intentionally omitted <==

RC drilling has defined fresh nickel sulphides at Olympia North o 32m @ 0.48% Ni, 0.28% Cu, 0.03% Co, 272ppb Pt, 405ppb Pd Aircore anomaly at Ortus – follow-up warranted 600m long gold anomaly at Naxos (2m @ 2.4g/t Au) Olympia horizon defined northwards for at least 15km,with very sparse drilling Beta Sill is large low grade target (cf. Mt Keith)

==> picture [11 x 11] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

==> picture [682 x 56] intentionally omitted <==

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

Other Projects
----- End of picture text -----

==> picture [226 x 169] intentionally omitted <==

==> picture [282 x 212] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Attractive Gold Potential
----- End of picture text -----

==> picture [13 x 14] intentionally omitted <==

==> picture [13 x 13] intentionally omitted <==

JORC Mineral Resource of 86,000 ounces* on Rox’s ground

Large scale gold-in-regolith anomaly along complex western shear zone (Damsel-Dam-Shiva) – 10km long Number of strong gold targets at intersections of shear zone and crosscutting faults and shears Further drilling shortly

==> picture [228 x 252] intentionally omitted <==

See Appendix for Mineral Resource details

==> picture [720 x 80] intentionally omitted <==

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

Yilgarn Gold Model
----- End of picture text -----

==> picture [245 x 319] intentionally omitted <==

==> picture [196 x 225] intentionally omitted <==

Reference: Gebre-Mariam, M., Sharpe, E., & Smith, R., (2000), Geology of the Bronzewing Gold Deposit, Yandal Belt; Yandal Greenstone Belt, AIG Bulletin 32, 2000

==> picture [12 x 12] intentionally omitted <==

==> picture [12 x 13] intentionally omitted <==

==> picture [12 x 12] intentionally omitted <==

==> picture [12 x 13] intentionally omitted <==

Bronzewing is a group of gold deposits in Yandal Belt – 3.6 Moz Distance is ~75km from Mt Fisher Footprint of Bronzewing deposits quite small 100m x 50m Aircore/RAB drilling required to properly define anomalies Large low grade gold halo (~100 ppb Au) – but smaller and discontinuous gold halo at 300 ppb Au Numerous gold anomalies like this at Mt Fisher

==> picture [720 x 80] intentionally omitted <==

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

Mt Fisher vs. Bronzewing
----- End of picture text -----

==> picture [334 x 228] intentionally omitted <==

==> picture [366 x 190] intentionally omitted <==

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

Dam Central Prospect
Oxide
100 ppb Au 300 ppb Au
Fresh
Target
Zone
----- End of picture text -----

==> picture [12 x 12] intentionally omitted <==

Comparison of Mt Fisher with Bronzewing shows similar features at a number of prospects

==> picture [12 x 12] intentionally omitted <==

Potential for deeper gold systems at Mt Fisher beneath Aircore/RAB gold anomalies

Reference: Anand, R.R., (2003), Yandal gold province: geoscience and exploration success, CSIRO Exploration & Mining, Ely, K.S. & Phillips, G.N. (editors)

==> picture [720 x 80] intentionally omitted <==

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

Bonya Copper Project
----- End of picture text -----

			High grade copper
			sulphides at the Bonya
			prospect
			11m @ 4.4% Cu ,
			incl.3m @ 6.1% Cu
			38m @ 4.4% Cu ,
			incl.6m @ 8.8% Cuand
			*8m @ 7.9% Cu*
			5m @ 9.1% Cu ,
			incl.3m @ 13.4% Cu
			and11m @ 3.9% Cu
			Open at depth
Rox	51%, Arafura	49%	Numerous untested
			prospects

==> picture [248 x 323] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Jervois North
----- End of picture text -----

Jervois North Bonya Mine

==> picture [283 x 250] intentionally omitted <==

==> picture [12 x 12] intentionally omitted <==

Ground Gravity survey shows Jervois mineralized trend continues into Rox JV ground Strong drilling target

==> picture [720 x 80] intentionally omitted <==

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

Project Search
----- End of picture text -----

==> picture [651 x 54] intentionally omitted <==

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

Focus on identifying and acquiring Gold, Silver, Copper or Zinc
----- End of picture text -----

==> picture [720 x 80] intentionally omitted <==

==> picture [682 x 56] intentionally omitted <==

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

Corporate
----- End of picture text -----

==> picture [338 x 254] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Money in the Ground
----- End of picture text -----

==> picture [15 x 15] intentionally omitted <==

~70% of funds into exploration since inception

==> picture [15 x 15] intentionally omitted <==

~74% of funds into exploration over the last 5 years (~$19 million)

==> picture [413 x 244] intentionally omitted <==

==> picture [262 x 243] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Corporate Information
----- End of picture text -----

==> picture [350 x 202] intentionally omitted <==

Key Information ASX Code: RXL Share Price: A$0.015 Shares: 1,259M Unlisted Options: 83.8M Market Cap: $18.9M Cash (at 30 Sept 2017): $12.9M EV: $6.0M Top 20: 22%

==> picture [252 x 124] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

==> picture [682 x 56] intentionally omitted <==

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

Summary
----- End of picture text -----

==> picture [284 x 226] intentionally omitted <==

==> picture [720 x 80] intentionally omitted <==

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

Waiting for the Nickel Bounce
----- End of picture text -----

==> picture [449 x 316] intentionally omitted <==

==> picture [13 x 14] intentionally omitted <==

==> picture [13 x 13] intentionally omitted <==

==> picture [13 x 14] intentionally omitted <==

Rox is under-valued based on the size and grade of our nickel resources compared to our peers

Poised for a re-rating as the nickel price recovers

Ready (and have finances) to progress nickel projects quickly – when the time comes

Value for other projects?

Bubble size relates to amount of contained nickel, based on data as of 21 November 2017

==> picture [720 x 80] intentionally omitted <==

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

Value Proposition
----- End of picture text -----

~$17 million in cash and receivables (~cash backing) Outstanding gold and nickel assets located in WA, the world’s #1 jurisdiction1 Looking to double Ni resources to >100,000 tonnes contained nickel Studies demonstrate a technically robust project at Fisher East Focus on growing shareholder wealth by acquiring, exploring, and developing projects

1 Fraser Institute 2016

==> picture [720 x 80] intentionally omitted <==

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

Forward Strategy
----- End of picture text -----

Nickel

– Leverage for an improved price be ready when the price is right – Continue to explore and grow resources drilling & development studies

Gold

Explore drilling

Aim is to establish at least 500,000 ounce resource

Copper

Add value through further exploration or divestment

New Projects

Continued search to add shareholder value

==> picture [720 x 80] intentionally omitted <==

Thank You

Rox Resources Limited Level 1, 34 Colin Street, West Perth, WA, 6005 AUSTRALIA T: (08) 9226 0044 F: (08) 9322 6254 E: [email protected] W: www.roxresources.com.au

==> picture [720 x 80] intentionally omitted <==

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

Appendix – Mineral Resources
----- End of picture text -----

Fisher East Nickel, ASX:RXL 5 February 2016

Mt Fisher Gold, ASX:RXL 10 February 2012

Deposit	Category	Tonnes (Mt)	Ni%	Ni (kt)
	Indicated	0.99	2.56	25.3
Camelwood	Inferred	0.08	2.52	2.0
	Total	1.06	2.56	27.3
	Indicated	0.15	3.43	5.1
Cannonball	Inferred	0.01	2.41	0.2
	Total	0.16	3.38	5.3
	Indicated	0.79	2.21	17.4
Musket	Inferred	0.03	1.94	0.7
	Total	0.82	2.20	18.0
	*Indicated*	*1.92*	*2.49*	*47.8*
TOTAL	*Inferred* Total	*0.12* 2.04	*2.35* 2.48	*2.9* 50.6

Deposit	Category	Tonnes				Cut
			Grade	Metal	Grade	Metal	Value
			(g/tAu)	(Ozs)	(g/tAu)	(Ozs)	(g/tAu)
Moray Reef	Measured	25,700	10.84	8,957	7.96	6,577	80
	Indicated	4,900	6.09	959	5.95	937	80
	Inferred	1,200	3.87	149	3.87	149	80
	TOTAL	31,800	9.85	10,066	7.50	7,664	80

Mt Fisher	Measured	119,600	3.72	14,304	3.60	13,843	50
	Indicated	56,700	3.62	6,599	3.62	6,599	50
	Inferred	38,900	3.44	4,302	3.41	4,265	50
	TOTAL	215,200	3.64	25,206	3.57	24,707	50

Damsel	Measured	26,600	2.91	2,489	2.68	2,292	30
	Indicated	143,300	2.47	11,380	2.39	11,011	30
	Inferred	556,100	2.34	41,837	2.26	40,407	30
	TOTAL	726,000	2.39	55,705	2.30	53,710	30

TOTAL	*Measured* *Indicated* *Inferred*	*171,900* *204,900* *596,200*	*4.66* *2.87* *2.41*	*25,750* *18,938* *46,288*	*4.11* *2.82* *2.34*	*22,712* *18,548* *44,821*
	TOTAL	973,000	2.91	90,976	2.75	86,080

Olympia Nickel-Copper-PGE, ASX:RXL 18 August 2017

Tonnes	Ni %	Cu %	Co ppm	Pd ppm	Pt ppm	*NiEq % **	NiEq (kt)	Pd+Pt (oz)
573,000	1.63	1.19	820	1.49	0.85	2.36	13.5	42,971

Fisher East: 1.5% Ni block cut-off grade. Values may not sum due to rounding. JORC 2012 Mt Fisher: 0.8 g/tAu block cut-off grade. Values may not sum due to rounding. JORC 2004 Olympia: 1.0% Ni block cut-off grade. Values may not sum due to rounding. JORC 2012

*NiEq = (Ni grade x Ni price x Ni recovery + Cu grade x Cu price x Cu recovery) / (Ni price x Ni recovery) Where Ni price = US$10,300/t, Ni recovery = 85% (assumed), Cu price = US$6,322/t, Cu recovery = 85% (assumed)

AI assistant

ROX RESOURCES LIMITED AGM Information 2017

65741_rns_2017-11-22_536ff294-7d40-46d2-b91d-de91b4cb2565.pdf

ASX: RXL

The Nickel Renaissance

Forward-Looking Statements

Competent Person Statements

Resource Statements

Exploration Results

Fisher East Nickel Sulphide

Project

Collurabbie Nickel-Gold Project

Mt Fisher Gold JV

Bonya Copper Project

Low technical risk project :

Thank You

Fisher East Nickel, ASX:RXL 5 February 2016

Mt Fisher Gold, ASX:RXL 10 February 2012

Olympia Nickel-Copper-PGE, ASX:RXL 18 August 2017

AI assistant

ROX RESOURCES LIMITED — AGM Information 2017

65741_rns_2017-11-22_536ff294-7d40-46d2-b91d-de91b4cb2565.pdf

ASX: RXL

The Nickel Renaissance

Forward-Looking Statements

Competent Person Statements

Resource Statements

Exploration Results

Fisher East Nickel Sulphide

Project

Collurabbie Nickel-Gold Project

Mt Fisher Gold JV

Bonya Copper Project

Low technical risk project :

Thank You

Fisher East Nickel, ASX:RXL 5 February 2016

Mt Fisher Gold, ASX:RXL 10 February 2012

Olympia Nickel-Copper-PGE, ASX:RXL 18 August 2017

More from ROX RESOURCES LIMITED

ROX RESOURCES LIMITED AGM Information 2017