Slide 1: On The Road to Success
For personal use only ASX: RXL Ian Mulholland, Managing Director Sydney Resources Roundup – 14 May 2013 On The Road to Success 1
Slide 2: Competent Person Statement
For personal use only 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 Met
Slide 3: Company Snapshot
Company Snapshot For personal use only Rox Resources Capital Structure Experienced Board & Management ASX Code: RXL Managing Director: Ian Mulholland (Geologist) Issued Shares: 590.8m Chairman: Market Cap: $23.6m (at 4.0c) Jeff Gresham (Geologist) Finance Director: Cash: $5.3m (31 March) Brett Dicks
Slide 4: Investment Highlights
Investment Highlights For personal use only Significant nickel sulphide discovery at Fisher East $15m Earn-in zinc partnership with Teck Exposure to nickel, zinc, lead, copper, gold & silver Tremendous exploration upside in all projects Experienced Board and Management 4
Slide 5: Projects
Projects For personal use only • Mt Fisher Gold, & Fisher East Nickel Project acquired from Avoca in 2011, plus Option to Purchase deal • Reward Zinc Project, Earn-in by Teck for $15m • Bonya Copper Project earn-in by Rox for $1.5m • Marqua Phosphate Project pegged in 2009 5
Slide 6: Fisher East Nickel Project
Fisher East Nickel Project For personal use only Drilling has intersected a significant body of nickel sulphides: 6.4m @ 3.8% Ni from 282.6m, from 11.4m @ 2.9% Ni 6.3m @ 2.5% Ni from 211.7m, from 16.3m @ 1.8% Ni 6.2m @ 3.3% Ni from 341.1m Assayed intervals up to 11% Ni 6
Slide 7: Fisher East Nickel Location
Fisher East Nickel Location For personal use only Mt Fisher Project located 150km north- east of Leinster, WA in North Eastern Goldfields of WA Mt Fisher Greenstone Belt, 300km long, 655km2 tenement area Agnew-Wiluna Belt, major nickel mines (55% of WA Ni total; 7Mt out of 12.7Mt), 10 Moz gold, Nick
Slide 8: VTEM Targets
VTEM Targets For personal use only VTEM flown over 3 areas: 2 gold areas and the Fisher East ultramafic belt Large VTEM anomalies along Fisher East Ultramafic 1st 2nd 2 stages of RAB drilling 8
Slide 9: Camelwood Drill Plan
Camelwood Drill Plan For personal use only RC drilling on 50m and 100m spacing has now defined nickel sulphide mineralisation along over 1.2km of strike Diamond holes are hitting massive, semi-massive and disseminated sulphides down to 400m depth, with grades such as 3.8% Ni over 6.4m Mineralisation
Slide 10: Camelwood Drill Section
Camelwood Drill Section For personal use only Nickel sulphides coincident with EM conductor – occur at “basal contact” – classic komatiite-hosted (Kambalda- type) nickel sulphide deposit type Grade and thickness variable typical Basal contact is over-turned at Camelwood structural complications
Slide 11: Camelwood Long Section
Camelwood Long Section For personal use only Mineralisation starting to be defined in a number of separate zones (shoots) Main Zone Northern Zone Intervening holes hit sulphides, but either thin or low grade Main Zone still open at depth in a number of directions D23 So far have drilled 5,200m RC (3
Slide 12: Drill Density
Drill Density For personal use only Drill Density is fairly low Main Zone Northern Zone for this type of deposit Mainly 100 x 100m with some infill to 50 x 50m Compare this to Nova, which is now drilled to over 25 x 25m density Camelwood will probably cover a much larger area than Nova – although th
Slide 13: Camelwood Deposit Scale
Camelwood Deposit Scale For personal use only Longer than the length of the Sydney Harbour Bridge and roughly 3x the height. 1.2km 13
Slide 14: Exploration Potential
Exploration Potential For personal use only Fixed loop ground EM survey along 8km of Fisher East Ultramafic belt identified a series of EM conductors Strong EM anomalies confirmed at Camelwood, Corktree and Silverbark, and also between Camelwood and Silverbark ( over 3-4km) Very sparse drilling to d
Slide 15: But Wait…There's More!
For personal use only But Wait…There’s More! 15
Slide 16: Reward Zinc Project
Reward Zinc Project For personal use only Adjacent to McArthur River Mine Airport, gas pipeline, concentrate loader and port infrastructure all in place Teck in a $15M Earn-in JV (to 70%) Myrtle Deposit Resource 43.6 Mt @ 4.05% Zn, 0.95% Pb, 5.04% Zn+Pb, 2.2 Mt zinc + lead metal Myrtle/Reward Strong
Slide 17: Teena Model
Teena Model For personal use only 4,500m diamond drilling scheduled to T6: 7.3m @ 7.98% Zn+Pb, 5g/t Ag commence late May at Teena – fully funded by Teck ($2.75m) Distance between drill holes 1.2km E-W and T4: 11.3m @ 10.9% Zn+Pb, 14g/t Ag 800m N-S Dimensions of Teena Basin, 1.5 x 1.0 km = T4A: 22.2m
Slide 18: Bonya Copper Project
Bonya Copper Project For personal use only Similar in style to nearby Jervois deposits (13.5 Mt @ 1.3% Cu, 25 g/tAg) 279km2 tenement package Outcrops of visible copper mineralisation at numerous locations, with assays up to 33% Cu and 55 g/tAg Very little prior exploration for copper Walk up drill t
Slide 19: The Road Ahead
The Road Ahead For personal use only Diamond drilling ongoing at Fisher East – second diamond drill rig mobilising Drilling at Teena (4,500m) starts late May Bonya drilling (2,000m) planned for this year 19
Slide 20: Contact Rox Resources
For personal use only Contact Rox Resources Level 1, 30 Richardson Street, West Perth, WA, 6005 T: (08) 9226 0044 F: (08) 9322 6254 E: admin@roxresources.com.au W: www.roxresources.com.au 20