| $72,000 Drill Funding Secured for Fisher East | |
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Rox Resources Limited (ASX: RXL) ('Rox' or 'the Company') is pleased to announce it has been awarded three grants under the WA Government's Exploration Incentive Scheme (EIS), totalling $72,000 to support exploration at the Company's 100% owned Fisher East nickel project, located 450km north of Kalgoorlie in Western Australia (Figure 1).
The co-funding will be allocated to drilling at the Sabre prospect which is one of several nickel sulphide targets at the Fisher East nickel project (Figures 1 & 2). Under the EIS guidelines, the funding covers direct drilling costs which Rox is required to match.
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Rox Resources Ltd
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EXPLORATION STAGE |
CODE : RXL.AX |
ISIN : AU000000RXL6 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Rox Res. is a silver exploration company based in Australia. Rox Res. holds various exploration projects in Australia and in Laos. Its main exploration properties are REWARD TENEMENT and MYRTLE in Australia and PHA LUANG in Laos. Rox Res. is listed in Australia and in United States of America. Its market capitalisation is AU$ 154.5 millions as of today (US$ 104.3 millions, € 95.4 millions). Its stock quote reached its lowest recent point on April 05, 2019 at AU$ 0.01, and its highest recent level on January 28, 2022 at AU$ 0.57. Rox Res. has 1 236 280 064 shares outstanding. |