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ROX RESOURCES LIMITED — Investor Presentation 2012
Feb 13, 2012
65741_rns_2012-02-13_24b0f4b3-32be-45bc-827f-585a315c0c85.pdf
Investor Presentation
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ROX RESOURCES LIMITED

A Champion Team
Ian Mulholland, Managing Director Resources Roadshow 14-15 February 2012


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.
Exploration Targets
The potential quantity and grades of the exploration targets listed in this presentation are conceptual in nature, although they are based on reasonable expectations, but insufficient exploration to define a Mineral Resource has been carried out at this point in time, and it is uncertain whether further exploration will result in the determination of a Mineral Resource.

Company Snapshot
| ASX Code: | RXL |
|---|---|
| Issued Shares: | 398.4 million |
| Market Cap: | $10.4 million (at 2.6 cents) |
| Cash (at 31 Dec 2011): | $2.4 million |
| Enterprise Value: | $8.0 million |
Experienced Board:
Chairman: Jeff Gresham (Geologist) Managing Director: Ian Mulholland (Geologist) Finance Director: Brett Dickson (Accountant)

Why Invest in Rox?
A champion team
- Great projects
- Strong management
- Tremendous value upside
- Proven exploration success
- Tight capital structure

Three Great Projects


Team Captain
Mt Fisher Gold Project, WA

Mt Fisher Gold project
- JORC resource of 86,080 Au ounces
- 4 treatment plants within 150kms
- Highly prospective location
- Potential to become a multimillion ounce project


Mt Fisher Resources
| Deposit | Tonnes | Grade(g/tAu) | Gold(ozs) |
|---|---|---|---|
| Moray Reef | 31,800 | 7.50 | 7,664 |
| Mt Fisher | 215,200 | 3.57 | 24,707 |
| Damsel | 726,000 | 2.30 | 53,710 |
| TOTAL | 973,000 | 2.75 | 86,080 |
• A further 12,000 oz approximately is contained in Tailings and Low Grade Stockpiles situated on the Mt Fisher Mine lease
• The Mineral Resources quoted herein were released to the ASX on 10 February 2012.

Mt Fisher Prospects
• Dam-Damsel-Dirks
Gold-in-regolith anomaly is 7km long. Resource of 55,000 oz at Damsel
• Mt Fisher
Large mineralised system. Previous mining from underground and open cut (27,000 oz). Current remaining resource 25,000 oz
• Moray Reef
Small high grade resource of 8,000 oz
• Fisher East
Gold-in-regolith anomaly over 2-3 km, plus nickel potential

Moray Reef

Resource is 31,800 tonnes @ 7.5 g/tAu for 7,664 oz
| Measured | 25,700t | @ | 7.96 g/tAu |
|---|---|---|---|
| Indicated | 4,900t | @ | 5.95 g/tAu |
| Inferred | 1,200t | @ | 3.87 g/tAu |

Mt Fisher Mine Area

- Similar geological sequence to Bronzewing
- Resource of ~25,000 oz and will increase
- Drilling indicates extension for at least 200m open at depth

Dam-Dirks
- Three parallel structures
- Multiple "hot spots"
- Damsel
Shallow resource of ~54,000 oz, open at depth
• Dam
Drill intercepts include: 9m @ 7.1 g/t 3m @ 17.4 g/t 4m @ 9.0 g/t, and 8m @ 4.1 g/t
• Dirks
Drilling includes: 2m @ 13.7 g/t


Most Valuable Player
Myrtle Zinc Project, NT

Myrtle Zinc Project
- 20km south of McArthur River Mine
- Infrastructure in place
- Exploration target 100-200Mt Ore
| Deposit | Owner | MtOre | MtPb+Zn |
|---|---|---|---|
| Broken Hill | BHP | 280 | 51.8 |
| McArthur River | Xstrata | 227 | 30.4 |
| Mount Isa | Xstrata | 150 | 19.5 |
| Hilton | Xstrata | 120 | 20.3 |
| George Fisher | Xstrata | 107 | 17.7 |
| Century | MMG | 95 | 14.1 |
| DugaldRiver | MMG | 48 | 6.8 |
| Cannington | BHP | 44 | 7.0 |
| Myrtle (current) | Rox | 44 | 2.2 |
| Lady Loretta | Xstrata | 14 | 3.1 |


Myrtle Joint Venture
- Teck is world's 3rd largest Zinc producer
- Financial strength long term funding
- Minimum spend of $1M, including 2,000 m of drilling by July 2012
- $5M to earn initial 51% by July 2014
- $15M to earn 70% by July 2018
- Drilling to re-commence after wet season

Myrtle Basin Potential


Quiet Achiever
Marqua Phosphate Project, NT
Marqua Phosphate Project
- Georgina Basin hosts 90% of Australia's hard rock phosphate resources
- Phosphate Hill (QLD) @ 2 Mtpa
- Wonarah and D-Tree (Lady Annie)
- Drill intercepts > 20% P2O5 over 30 km strike length at Marqua
- Exploration target* of 50-100Mt @ 15-20% P2O5


Share Price Drivers
- Resource increase at Mt Fisher towards 250,000 oz
- Potential for near-term gold production/ cash flow
- Myrtle drilling recommencing mid 2012
- Share price re-rating

Thank you
