VIDEO: Rox Resources (ASX:RXL) Ian Mulholland Speaks with Brian Carlton at Sydney Symposium Resources Roadshow
VIDEO: Rox Resources (ASX:RXL) Ian Mulholland Speaks with Brian Carlton at Sydney Symposium Resources Roadshow
Sydney, Mar 25, 2010 (ABN Newswire) - Rox Resources (ASX:RXL) is a Perth-based Australian exploration company focusing on zinc-lead deposits, particularly deposits of the Mississippi Valley Type (MVT) and Sedimentary Exhalative Type (SEDEX).

Rox owns the Reward project tenement which covers 379km2 adjacent to the world class McArthur River zinc-lead deposit in the Northern Territory. SEDEX zinc mineralisation has been identified by Rox at the Myrtle zinc-lead deposit which is located just 17km south of the McArthur River zinc-lead mine in the Northern Territory. The McArthur River (HYC) zinc-lead deposit is one of the largest in the world.

Rox continues to actively review potential new opportunities, particularly in Australia and South East Asia.

About Ian Mulholland, Managing Director

Mr Mulholland is a geologist with over 25 years broad experience in the exploration and mining industry in a number of commodity groups including gold, silver, copper, lead, zinc, uranium, nickel and kaolin. He has been Managing Director of Rox Resources since its inception, and prior to that he managed activities from grass roots exploration to advanced resource definition, feasibility studies and mining operations for a number of major, medium sized and junior companies including WMC, Esso, Otter Gold, Aurora Gold, Anaconda Nickel, Archaean Gold, Summit Resources and Conquest Mining. His strength is in bringing resources to economic fruition and his experience is particularly appropriate for his role with Rox.

Watch the Video here:

About Rox Resources Limited

Rox Resources ASX:RXL

Rox Resources Limited (ASX:RXL) is an Australian listed company with advanced gold and nickel projects in Australia. Rox owns a 50% interest in the Youanmi Gold Mine, and wholly-owns the Mt Fisher Gold project and the Fisher East and Collurabbie Nickel Projects, all located in Western Australia.

The Youanmi Gold Mine is the company's flagship project and offers significant upside in both development and exploration potential. Rox co-owns the Youanmi Gold Mine with Venus Metals Corporation Limited (ASX:VMC) through a 50% ownership, with the ability to increase ownership in the mine to 70%. Rox is responsible for the management of the Youanmi Gold Mine.

The Youanmi Gold Mine has a JORC 2012 compliant Mineral Resource Estimate of 12.4Mt at 2.97g/t Au for 1,190,600 ounces of gold, including a 'near surface' portion of 10Mt at 1.65g/t Au for 532,000 ounces of gold.

The Company is well-funded to develop and explore the Youanmi Gold Mine with approximately $11.4 million in cash and receivables.


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