Rox Resources laboratory assays from the Bonya Copper Project have confirmed high grade rock chip mineralization of up to 30.7% copper, 34.1 gram per tonne silver and 0.52 gram per tonne.

In total five samples were sent to the assay laboratory and have returned highly encouraging results including significant levels of lead. The project is located in the 350 kilometers east of Alice Springs in the Northern Territory with Rox signing a farm in agreement with Arafura Resources earlier in the month. Satisfactory due diligence has been completed.

What is so important for Rox at Bonya is that there are walk up drill targets at the old Bonya Mine prospect with the company looking to further evaluate these with detailed mapping rock and soil sampling prior to drilling.

Another plus is assessment of historic mining activities at the old Bonya copper mine indicates the potential for depth extensions to the outcropping mineralization which has never been previously drill tested.

Highlighting the prospectivity of the area, the 279 square kilometer project is located adjacent to Kentor Gold’s 11.9 million tonne at 1.3% copper Jervois deposit with mineralization at Bonya shown to be similar to Jervois.

The geological setting is similar to other areas such as Mount Hardy in the Northern Territory, and of a similar deposit type to those found in the Doolgunna district in Western Australia, which hosts Sandfire Resources' DeGrussa deposit.

Source - Proactive Investors

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