ROX RESOURCES LIMITED — Capital/Financing Update 2013

Apr 4, 2013

ROX RESOURCES LIMITED – 22 December 2011

ASX/MEDIA RELEASE

5 April 2013

ADDITIONAL TENEMENT GRANTED AT CAMELWOOD

Highlights

• Additional tenement application at Camelwood granted

• Granted tenement area increases Rox landholding at Fisher East to 658 km[2]

• New tenement adjoins P53/1496 on which nickel sulphide mineralisation has already been identified

Rox Resources Limited ( ASX: RXL ) (“ Rox ” or “ the Company ”) is pleased to announce that the Department of Mines and Petroleum has granted an additional exploration licence at Fisher East, located 450km north of Kalgoorlie in Western Australia (Figure 1).

The tenement, E53/1716, is 100% owned by Rox, covers one sub-block along the southeastern extension of Rox Resources’ Camelwood nickel sulphide deposit (Figure 2), and is approximately 1.65 x 1.85 km (3.07 km[2] ) in area.

Rox Managing Director, Mr Ian Mulholland commented “ The grant of this tenement completes our landholding at Fisher East, and will enable us to commence step back drilling along the south-eastern portion of the deposit, once the necessary approvals have been received.

We would like to take this opportunity to thank the native title parties and their representatives, and the Department of Mines and Petroleum for their work in expediting the grant of this tenement ”.

Looking Forward

Under the terms of a heritage protection protocol agreed with the local native title parties, the next step will be an ethnographic heritage survey.

Rox currently has an ongoing exploration program underway at Fisher East, and once the heritage survey is completed and approval of a Programme of Works (PoW) is received from the Department of Mines and Petroleum, step back drilling can commence on E53/1716.

This process is expected to be completed in the coming months.

ENDS

Rox Resources Limited ABN 53 107 202 602 Level 1, 30 Richardson Street, West Perth WA 6005 Telephone: +61 8 9226 0044 Facsimile: +61 8 9322 6254 Email: admin@roxresources.com.au

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ROX RESOURCES LIMITED – ASX RELEASE 5 April 2013

For more information:

Shareholders

Media

Ian Mulholland Managing Director Tel: +61 8 9226 0044 admin@roxresources.com.au

Tony Dawe/Belinda Newman Professional Public Relations Tel: + 61 8 9388 0944 tony.dawe@ppr.com.au / belinda.newman@ppr.com.au

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Figure 1: Project Location

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ROX RESOURCES LIMITED – ASX RELEASE 5 April 2013

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Figure 2: Camelwood Prospect Drill Hole Plan showing tenement boundaries

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ROX RESOURCES LIMITED – ASX RELEASE 5 April 2013

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Figure 3: Tenement Plan Mt Fisher Project. Black and red shaded tenements are 100% owned by Rox, while blue shaded tenements are subject to an Option to Purchase Agreement.

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ROX RESOURCES LIMITED – ASX RELEASE 5 April 2013

About Rox Resources

Rox Resources Limited is an emerging Australian minerals exploration company. The company has four key assets at various levels of development with exposure to gold, nickel, zinc, lead, copper and phosphate, including the Mt Fisher Gold Project (WA), Myrtle/Reward Zinc-Lead Project (NT), the Bonya Copper Project (NT) and the Marqua Phosphate Project (NT).

Mt Fisher Gold-Nickel Project (100% + Option to Purchase)

The Mt Fisher gold project is located in the highly prospective North Eastern Goldfields region of Western Australia and in addition to being well endowed with gold the project hosts a strong potential for nickel. The total project area is 655km[2] , consisting of a 485km[2] area 100% owned by Rox and an Option to purchase 100% of a further 170km[2] .

Initial drilling by Rox has defined numerous high-grade targets and defined a Measured, Indicated and Inferred Mineral Resource of 973,000 tonnes grading 2.75 g/t gold to be defined for 86,000 ounces of gold (Measured: 171,900 tonnes grading 4.11 g/t Au, Indicated: 204,900 tonnes grading 2.82 g/t Au, Inferred: 596,200 tonnes grading 2.34 g/t Au).

Drilling at the Camelwood nickel prospect has intersected semi-massive to massive and disseminated nickel sulphide mineralisation in a number of holes along an 800m strike length and up to 350m depth, including 11.4m @ 2.9% Ni and 22m @ 1.4% Ni , with the mineralisation open in all directions.

Reward Zinc-Lead Project (Farm-out Agreement)

Rox has signed an Earn-In and Joint Venture Agreement with Teck Australia Pty Ltd. (“Teck”) to explore its 670km[2] Myrtle/Reward zinc-lead tenements, located 700km south-east of Darwin, Northern Territory. The Myrtle deposit has a current Inferred Mineral Resource of 43.6 Mt @ 5.04% Zn+Pb (Indicated: 5.8 Mt @ 3.56% Zn, 0.90% Pb; Inferred: 37.8 Mt @ 4.17% Zn, 0.95% Pb). Historic drill intercepts of sediment-hosted mineralisation exist at the Teena prospect, including 11.3m @ 10.9% Zn+Pb and 8.6m @ 9.84% Zn+Pb . Under the terms of the agreement, Teck are required to spend A$5m by 31 August 2014 to earn an initial 51% interest. Teck can increase its interest in the project to 70% by spending an additional A$10m (A$15m in total) over an additional 4 years.

Bonya Copper Project (Farm-in Agreement to earn up to 70%)

In October 2012 Rox signed a Farm-in Agreement with Arafura Resources Limited to explore the Bonya Copper Project located 350km east of Alice Springs, Northern Territory. Outcrops of visible copper grading up to 34% Cu and 27 g/t Ag are present. Under the agreement, Rox can earn a 51% interest in the copper, lead, zinc, silver, gold, bismuth and PGE mineral rights by spending $500,000 within the first two years. Rox can elect to earn a further 19% (for 70% in total) by spending a further $1 million over a further two years. Once Rox has earned either a 51% or 70% interest it can form a joint venture with Arafura to further explore and develop the area.

Marqua Phosphate Project (100%)

Rox owns four tenements covering approximately 1,900 km[2] in the Northern Territory which comprise the Marqua Phosphate project. The project has the potential for a sizeable phosphate resource to be present, with surface sampling returning values up to 39.4% P2O5 and drilling (including 6m @ 19.9% P2O5 and 5m @ 23.7% P2O5) confirming a 30km strike length of phosphate bearing rocks. In addition to phosphate, there is also potential for lead-zinc mineralisation. The project is located 300km southwest of Mt Isa, and is situated 250km from the nearest railhead and gas pipeline at Phosphate Hill.

Competent Person Statement:

The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Mr Ian Mulholland BSc (Hons), MSc, FAusIMM, FAIG, FSEG, MAICD, who is a Fellow of The Australasian Institute of Mining and Metallurgy and a Fellow of the Australian Institute of Geoscientists. Mr Mulholland has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Mulholland is a full time employee of the Company and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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