Rox Resources Ltd · ASX:RXL
Rox Resources — Investor Presentation (February 2014)
24 slides from Rox Resources's investor presentation, Feb 25, 2014
Slide 1: Rox Resources Limited Investor Presentation
For personal use only Rox Resources Limited Investor Presentation 24 February 2014 ASX: RXL 1
Slide 2: Forward-Looking Statements
For personal use only 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
Slide 3: Investment Highlights
Investment Highlights For personal use only Mt Fisher Fisher East Nickel: 1.6Mt @ 2.2% Ni (incl. 0.5Mt @ 3.1% Ni) New nickel discoveries – new sulphide nickel camp emerging Mt Fisher Gold: 86,000oz @ 2.75 g/tAu Reward Significant new zinc discovery at Teena: 20m @ 15% Zn+Pb Myrtle: 44Mt @
Slide 4: Company Snapshot
Company Snapshot For personal use only $0.12 Rox Capital Structure (31 December 2013) $0.10 200 ASX Code: RXL $0.08 150 Issued Shares: 665.5m $0.06 Million 100 $0.04 Options: 9.05m (8.5m at 2.5c) 50 $0.02 Market Cap: $24.6m (at 3.7c) $0.00 0 01-Nov-13 01-Dec-13 01-May-13 01-Jun-13 01-Aug-13 01-Sep-1
Slide 5: Relative Performance
Relative Performance For personal use only Rox vs Small Resources Index 2013 Rox Expenditure by Year 200 5.0 4.5 4.0 150 3.5 21% 3.0 Millions 100 2.5 2.0 1.5 50 1.0 0.5 0 0.0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 1-Apr-13 1-Jan-13 1-Mar-13 1-Jun-13 1-Aug-13 1-Oct-13 1-Nov-13 1-Feb-13 1-J
Slide 6: Mt Fisher – Nickel Project
Mt Fisher – Nickel Project For personal use only 6
Slide 7: Mt Fisher Project Location
Mt Fisher Project Location For personal use only Located 150km north-east of Leinster, WA in North Eastern Goldfields of WA Mt Fisher Greenstone Belt 300km long 655km2 tenement area ~ 25% of area controlled by Rox Adjacent to Agnew-Wiluna Belt Home of many of WA’s major nickel mines 53% of
Slide 8: Exploration Potential
Exploration Potential For personal use only Prospective Ultramafic = 15km of strike Multiple EM targets along eastern edge (i.e. Camelwood, Corktree and Silverbark) Multiple ultramafic horizons – line up with geochemical trends Aircore drilling defines strong targets Camelwood discovery in December
Slide 9: Camelwood Cross Section
Camelwood Cross Section For personal use only Sulphides are coincident with the EM conductor Nickel sulphides occur at “basal contact” of ultramafic Basal contact is over-turned Classic Archaean Greenstone Komatiite-hosted (Kambalda-type) nickel sulphide deposit Variable grade and thickness (typical
Slide 10: Cannonball - Musket
Cannonball - Musket For personal use only 1km strike length 500m south of Camelwood Along the Camelwood Ultramafic Unit Cannonball: o 2m @ 2.4% Ni from 128m o 5m @ 2.3% Ni from 158m o 5m @ 2.0% Ni from 114m Musket: o 3m @ 3.1% Ni from 129m o 13m @ 1.9% Ni from 176m, including 5m @ 2.6% Ni from 180m
Slide 11: New Nickel Sulphide Camp
New Nickel Sulphide Camp For personal use only 1.6Mt @ 2.2% Ni Nickel sulphide mineralisation defined along a 3km strike length – all related to the basal contact of the Camelwood ultramafic unit Open at depth and along strike, and largely unexplored New nickel sulphide camp emerging Further RC (und
Slide 12: Gold Endowment
Gold Endowment For personal use only Current gold resource of 973,000 t @ 2.75 g/t Au* (86,000 ounces) defined at Mt Fisher, Moray Reef and Damsel • 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 Major gol
Slide 13: Reward Zinc Project
Reward Zinc Project For personal use only 13
Slide 14: Reward Zinc Location
Reward Zinc Location For personal use only Sedimentary Hosted Massive Sulphide (SHMS) style zinc deposits, similar to McArthur River and Mt Isa 20% of the world’s zinc is contained in the Carpentaria Zinc Province Teck have elected to increase their interest from 51% to 70% by sole funding to a tota
Slide 15: Reward Zinc Prospects
Reward Zinc Prospects For personal use only Large tenement area of 670km2 McArthur River is one of the world’s great zinc deposits – the “type” Stratiform style SHMS zinc-lead deposit Resource1: Resource defined at Myrtle 227Mt @ 13.4% Zn+Pb Significant thick high-grade drill intersections at Teena
Slide 16: Teena Zinc Discovery
Teena Zinc Discovery For personal use only Stratiform style SHMS zinc-lead mineralisation – generally laterally continuous 4 holes drilled by Teck in 2013 – defined keel of synclinal sub-basin Cross Section Dimensions of mineralisation 1.5km x 1.0km indicated Depth of mineralisation between 450m and
Slide 17: Teena Basin Section
Teena Basin Section For personal use only Highest grades in keel (e.g. Teena 10, 20.3m @ 15.0% Zn+Pb) Previous drilling (in 1977- 78) was on limbs of syncline, not in the keel Several lenses of higher grade mineralisation within a - Significant envelope of mineralisation (up to 250m thick) Similar s
Slide 18: High Grade Massive Sulphide
High Grade Massive Sulphide For personal use only 19.4% Zn, 2.9% Pb 21.3% Zn, 3.4% Pb 22.1% Zn, 3.8% Pb 22.0% Zn, 4.0% Pb 24.2% Zn, 4.1% Pb High grade mineralisation in TNDD10 18
Slide 19: Giant Zn Deposits - Australia
Giant Zn Deposits - Australia For personal use only 20% of the world’s zinc reserves are contained in the Carpentaria Zinc province, mined at depths of over 1km Max. Mine Deposit Owner Mt Zn+Pb % Mining Type Depth Perilya, CBH Broken Hill 280 18.5 UG, OC 1.7 km (BHP) McArthur Xstrata 227 13.4 UG, OC
Slide 20: Bonya Copper Project
Bonya Copper Project For personal use only 20
Slide 21: Bonya Copper Project
Bonya Copper Project For personal use only Similar to nearby Jervois copper deposits Outcrops of copper oxide mineralisation up to 33% Cu and 55 g/tAg VTEM survey identified a number of targets Drilling of targets in Q2 2014 Rox earning 51% for $500K (2 years) and 70% for extra $1 million (further 2
Slide 22: The Road Ahead
The Road Ahead For personal use only Q1 2014 Q2 2014 Q3 2014 Q4 2014 Mt Fisher RC Drilling Aircore Drilling Diamond Drilling Resource Update Reward (Teena) Drilling Program Bonya VTEM Results Drill Follow up 22
Slide 23: Competent Person Statements
For personal use only Competent Person Statements The information in this report that relates to nickel Exploration Results for the Mt Fisher project was released to the ASX on 15 November 2013, and in various reports reported under the JORC Code 2004 between 19 December 2012 and 10 July 2013. Rox i
Slide 24: Thank You
Thank You For personal use only Rox Resources Limited Rox Resources Limited Level 1, 30 Richardson Street, West Perth, WA, 6005 AUSTRALIA T: (08) 9226 0044 F: (08) 9322 6254 E: admin@roxresources.com.au W: www.roxresources.com.au 24
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