A quietly achieving junior nickel stock is Rox Resources (ASX: RXL), which continues to report high grade intercepts from its Fisher East project

A quietly achieving junior nickel stock is Rox Resources (ASX: RXL), which continues to report high grade intercepts from its Fisher East project. It has just released first assay results from diamond drilling at its Musket prospect that have returned a thick zone of nickel sulphides grading 15.0m @ 2.7% Ni, including 0.9m @ 19.5% Ni. Rox's share price has doubled from a low of $0.03 at the start of the year to a recent April high of $0.06 - on the back of continued strong drilling results from Fisher East. The results will also help form part of an enlarged JORC-compliant resource estimate later this year.


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Gavin Wendt
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

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