Rox Resources Limited - Exciting New Nickel Discovery at Sabre Prospect

erth, Australia (ABN Newswire) - Rox Resources Ltd. (ASX:RXL) (OTCMKTS:RXRS) ("Rox" or "the Company") is pleased to report a new nickel discovery from an aircore drilling program undertaken at its 100% owned Fisher East Nickel Project, 500km north of Kalgoorlie in Western Australia.

The results are from the newly identified Sabre prospect located 6km south of the Musket nickel sulphide deposit (Figure 2 in link below). The drill holes are situated on E53/1802, acquired late in 2014 (ASX RXL 8 December 2014) under an Option agreement with a local prospector.

The nickel targets were identified using methods developed by Rox's exploration team, which successfully discovered the Camelwood, Musket and Cannonball deposits.

The high copper (Cu) and platinum group element (PGE) values in holes FEAC278 and 293 are on sections 200m apart along strike and are strongly suggestive of massive sulphides at depth.

Managing Director Ian Mulholland commented, "These first aircore results at Sabre are very exciting, as the highly anomalous copper, platinum and palladium results over a strike length of 200m are by far the best we've reported to date. The nickeliferous gossan drilled is indicative of nickel sulphide mineralisation at depth."

"We are enjoying remarkable exploration success along the Fisher East ultramafic belt which is confirming our long-held belief that we have discovered a new nickel sulphide camp at Fisher East similar to Kambalda and Leinster, not just an isolated deposit."


The results include:

FEAC278 8m @ 0.87% Ni, 1,500ppm Cu, 330ppb PGE (Pd+Pt+Au) from 72-80m,
including 5m @ 1.08% Ni from 74-79m

FEAC277 6m @ 0.45% Ni, 130ppm Cu, from 47-53m

FEAC293 6m @ 0.40% Ni, 808ppm Cu, 25ppb PGE from 65-71m

FEAC292 2m @ 0.35% Ni, 124ppm Cu from 79-81m


To view figures, please visit:
http://media.abnnewswire.net/media/en/docs/79621-ASX-RXL-714096.pdf


About Rox Resources Limited:

Rox Resources Ltd. (ASX:RXL) is an Australian listed company with advanced base and precious metals exploration projects in Australia: the Mt Fisher Gold and Fisher East Nickel Projects
(Western Australia), the Reward Zinc-Lead Project (Northern Territory) and the Bonya Copper Project (Northern Territory).

The Company employs advanced geophysical and geotechnical exploration techniques and the latest technology to add value to its projects, seeking to increase resources, convert resources to
mineable reserves and develop its projects towards becoming producing mines. The most advanced of which, is the Fisher East Nickel Project.



Contact:

Rox Resources Ltd.
T: (08) 9226 0044
F: (08) 9322
6254 E: admin@roxresources.com.au
www.roxresources.com.au