Emerging nickel play worth watching is Rox Resources (ASX: RXL), up 25% this morning after releasing further high-grade drilling results

Emerging nickel play worth watching is Rox Resources (ASX: RXL), up 25% this morning after releasing further high-grade drilling results. The company is one of our favourite nickle exploration exposures and it's now beginning to generate growing market recognition with respect to its Fisher East nickel sulphide project in Western Australia. Whilst the recent focus of nickel investors has been on the burgeoning prospectivity of the Fraser Range province in Western Australia (via Sirius Resources' spectacular nickel discoveries at Nova and Bollinger), the success of companies like Rox and Poseidon Nickel (ASX: POS)is generating renewed interest in more traditional Western Australian nickel provinces.


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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